October 2025: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

URLhttps://oedit.colorado.gov/news/october-2025-edc-a
SourceOffice of Economic Development and International Trade
Date Published10/16/2025

Additional Reshoring Information:

Company/Division name Electra
Parent companyElectra
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):110
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
City reshored to:Jefferson County
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshorediron
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Government Incentive dollar amount:50,000,000
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