Tag: economic incentives
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Colorado Springs offers thousands in tax credits for semiconductor manufacturer’s expansion
The City Council approved a $177,500 financial incentive request this week for an unidentified semiconductor manufacturing and design company that is considering expanding in Colorado Springs and adding 70 jobs over four years. The council voted unanimously to approve a resolution at its regular meeting on Monday, authorizing a four-year economic development agreement between Colorado…
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Colorado approves millions in incentives for semiconductor manufacturer’s expansion
A service provider in the semiconductor industry, which operates a packaging facility in Colorado Springs, has been approved for millions in tax incentives from the state if it expands its U.S. operations in Colorado. At its regular meeting on Thursday, the Colorado Economic Development Commission approved more than $1.1 million in performance-based job growth tax…