Danish advanced manufacturing company plans new facility in Loveland - The Coloradoan
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A Danish company called Multicut is planning to open a new factory in Loveland. This factory will build parts for the U.S. military. The company chose Loveland over places in Arizona and California. The state of Colorado is giving the company money to help it open the new factory. This will create about 82 new jobs that pay more than the average in the area. The jobs will be for people who work with machines to make parts. The new factory will be located on the Forge Campus, which is a place where many companies work together on new technology. Multicut's customers include big companies like Lockheed Martin. Having a factory in the U.S. will help Multicut meet more orders and improve its manufacturing skills. The mayor of Loveland said this is the kind of growth the city wants, bringing good jobs and new technology.
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