Colorado Legislators Boost Aviation | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 04.25.16

Airborne 04.26.16

AEA2016 LIVE!!! 0830-1230ET

AEA2016 LIVE!!! 1400-1700ET

AEA2016 LIVE!!! 1100-1400ET

Airborne Hi-Def On YouTube

Airborne 04.25.16

Airborne 04.26.16

AEA2016 LIVE!!! 0830-1230ET

AEA2016 LIVE!!! 1400-1700ET

AEA2016 LIVE!!! 1100-1400ET

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

Mon, May 09, 2005

Colorado Legislators Boost Aviation

Bill Waiting On Governor.

Colorado legislators in both the house and senate have passed a bill offering economic incentives for aircraft manufacturers in the state. The bill will take effect on New Year's Day if approved by Gov. Bill Owens.

Rep. Alice Borodkin, D-Denver, and Sen. Lewis Entz, R-Hooper sponsored the bipartisan bill. It will create economic development zones at airports across the state, qualifying aircraft companies for up to $1,200 in tax credits for each new job created. Companies who register with the state and employ more than nine workers can save up to $2 million annually.

Colorado wants to compete with New Mexico and Utah for aviation companies. The supporters of the bill believe that it could create up to 1,000 new jobs.

"Air transportation in all its forms, including manufacturing, is one of our nine employment clusters where we have a great opportunity to grow jobs in metro Denver," said Tom Clark, executive vice president of the Metro Denver Economic Development Corp to the Rocky Mountain News. "This sets the stage for us to retain companies that are here and sends a signal to the marketplace that we want these types of companies to locate here."

Aviation Technology Group Inc. is considering Colorado and other states for a 100,000-square-foot factory that eventually will employ several hundred workers to build the two-place Javelin. ATG hopes to have the plant running in 2006.

ATG had planned to put the plant in Albuquerque, but is now looking at other areas, including Colorado.

"Until this gesture, Colorado really didn't have the tools to work with companies like ours," said George Bye, ATG's chairman and CEO to the Rocky Mountain News. "This legislation is very timely. I think Colorado has a great chance (of landing the new plant), and this really helps us in that decision process."

ATG is considering locating the plant at its Centennial Airport headquarters or at Front Range Airport just east of Denver. It is also still looking in New Mexico and Utah.

Adam Aircraft could also benefit if it decides to expand its Colorado facilities.

"It's obviously a very modest bill," said Robert Olislager, Centennial Airport administrator. "But considering this is the only economic development bill the state legislature passed this year, we think, nevertheless, it's a giant step forward."

FMI: www.leg.state.co.us, www.avtechgroup.com

Advertisement

More News

ANN Announces Massive AEA-Live and Aero-TV Schedules for AEA16!

After 2 Decades of Innovative NewMedia Coverage, ANN Continues to Raise the Bar The crew at the Aero-News Network is eagerly anticipating yet another chance to showcase one of the >[...]

True Blue Power and Mid-Continent Instruments and Avionics Power AEA2016!

True Blue Power Announces Series of High-Powered USB Charging Ports, Powers Current and Next-Generation Electronic Devices True Blue Power today announced the TA202 Series High Pow>[...]

Airborne 04.26.16: Drone v Airplane-NOT!, eFusion Electric Plane, ANN@AEA-LIVE!!

Also: MU-2 AOA, AMA Responds To Senate FAA Reauthorization, ANN@AEA Live 04/27-0830ET, ANN@AEA Live 04/28-1400ET, ANN@AEA Live 04/29-1100ET A report of a drone possibly colliding w>[...]

L-3 Aviation Products Presents AEA2016 Special Event Coverage!!!

Innovative Avionics Powerhouse Showcases Latest Developments It's been a great year for L-3 Aviation Products. In less than six months,m they've finetuned some ground-breaking prod>[...]

Aspen Avionics, True Innovators, Present AEA2016 Special Event Coverage!

AEA2016 Sponsor: Always-Innovative Aspen Avionics Based in Albuquerque, New Mexico, Aspen Avionics specializes in bringing the most advanced display and sensor technology from the >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC