Aerospace companies choose Colorado as place to expand operations - Longmont Times-Call

AI Summary

Two companies in the aerospace and defense industry are expanding in Colorado. One is a Danish company called Multicut. It will make parts for the U.S. defense industry in Loveland. This will create 82 new jobs. The other company is SelectTech Services Corp. from Ohio. It will expand its defense business in El Paso County. This is expected to create 150 new jobs. Both companies are receiving tax breaks from the state. These tax breaks depend on them creating the promised jobs and paying good wages. Colorado is a growing center for the aerospace industry.