Aerospace companies choose Colorado over Utah, California for expansion

  • 📰 denverpost
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Colorado lands two major aerospace companies in 10 days that will expand their operations into the state.

Two aerospace companies have chosen Colorado over Utah and California for expansion of their operations. Astro Digital manufactures satellites and Safran Electronics & Defense, is a global equipment supplier for defense and space.A California aerospace company that develops micro-satellite systems and infrastructure is expanding its operations to Littleton and is expected to create 141 net jobs.

The company expects to create 141 net new jobs at an average annual wage of $126,589, or 170% of the local average annual wage. The state economic development commission approved up to $371,751 in a job growth tax credit for Safran, expected to create 20 net new jobs in Colorado. The positions will include engineers, technicians, and operators.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines