Thursday, July 18, 2019

Colorado Commission Extending Incentives to Bring In New Manufacturer of Modular Homes

Project Moon, the code name used by the nonprofit, could receive up to $684,000 in incentives over five years from the state’s Strategic Fund if it creates 171 new jobs paying an average annual wage of $52,874 a year.

Compared to the typical incentive that the state awards, those wages are on the low side. But the nonprofit behind Project Moon has pledged to make hiring unskilled and disadvantaged workers a priority and to locate its new manufacturing plant outside the metro Denver area.

When the plant is up and running, it should produce 1,000 modular homes and apartment units a year.

CLICK HERE to read the entire Denver Post article

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