Aerospace company chooses Northern Colorado city for manufacturing site | 9news.com

AI Summary

A company that makes parts for airplanes and military equipment is opening a new factory in Loveland. The company is called Multicut North America. It is a Danish company. The new factory will create 82 jobs. These jobs will include engineers and people who work in the factory. The state of Colorado is helping the company by giving it tax credits. This means the company could save over $1 million in taxes over eight years if it creates the jobs and pays people well. The average yearly pay for the new jobs will be about $71,800. The governor said this is a good example of different government levels working together. The company also looked at building its factory in California and Arizona.