Boecore, a Huntsville, Alabama-based aerospace and defense engineering company, has chosen Colorado Springs, Colorado, over a site in Weber County for a 620-job expansion. The company announced recently that its new software and systems engineering facility won’t be coming to Utah.
The Colorado Economic Development Commission approved up to $7.5 million in performance-based Job Growth Incentive Tax Credits for the company over an eight-year period. These tax incentives are contingent upon Boecore meeting job creation and{mprestriction ids="1,3"} salary requirements.
“We looked at a lot of different locations for where we are going to expand our business. We have been here for a while, but expansion was key and being able to have the resources here and with Space Command now here was a big factor in our decision to expand in the city,” said Thomas Dickson, president of Boecore, referring to the U.S. Space Command’s recent move to Peterson Space Force Base near Colorado Springs.{/mprestriction}
