August 13, 2022

Rocky Daily News

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Colorado targets 1,000 manufacturing jobs with two large incentive awards

1 min read

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The Colorado Economic Development Commission approved nearly $18 million worth of state incentives on Thursday morning for two companies looking to create nearly 1,000 manufacturing jobs through expansions in Colorado Springs and Louisville.

Project Salsa, the codename given to a semiconductor manufacturer in El Paso County, received $12.4 million in job growth incentive tax credits linked to the creation of up to 644 jobs over the next eight years. The company, which is running out of space at its current facility, is weighing whether to expand in Colorado or Arizona, Oregon or Virginia, said Michelle Hadwiger, director of global business development with the Colorado Office of Economic Development and International Trade.

The jobs being added include engineers, technicians and plant…

Aldo Svaldi

2022-04-21 12:35:25

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