Ursa Major has chosen to stay in Colorado for a major expansion that would add about 1,850 new jobs, one of the largest projects to get tax incentives from the state in recent years.
The aerospace and rocket manufacturing company based in Berthoud confirmed with state officials it has chosen to keep its next project in Colorado, said Daniel Salvetti, the state’s leading semiconductor economic development official, during a Colorado Economic Development Commission meeting on Thursday.
In December, the EDC approved two sets of incentives for the company’s expansion including $35 million in job growth tax incentives and $8 million in CHIPS refundable tax credits. It approved another $15 million of the tax credits meant for semiconductor chip-related projects on Thursday after waiting on getting the company’s firm commitment…