Breaking News for Colorado manufacturing industry
To advance Colorado manufacturing and tech businesses, state officials announced a $7 million investment in the industry’s local workforce.
The Colorado Economic Development Commission aims to make the state more attractive for major headquarters and boost interest in the region’s manufacturing potential.
As The Denver Business Journal reports, the project includes a $1.2 million dollar boost for the automotive and medical industry. Additionally, $731,000 will be allocated to the National Wind Technology Center in Boulder to improve the production of wind turbines.
The Office of Economic Development and International Trade (OEDIT) hopes the investment will boost their goal to create 10,000 Colorado manufacturing and technology jobs. The state’s sizeable investment in Colorado technology and manufacturing jobs shows a commitment to the region’s potential as an engineering hub.
As a dedicated advocate for Southern Colorado manufacturing and engineering, IP Automation regularly participates in regional events such as the SOCOM expo. Together with other engineering firms, we hope to educate Colorado manufacturing’s next generation.