Report: Colorado one of top states for aerospace manufacturing

Colorado is ranked No. 8 for attractiveness to the aerospace manufacturing industry.

States were ranked based on the cost of doing business, labor, infrastructure, industry, economy and tax policy in the report from PricewaterhouseCoopers LLC.

Across the board, Colorado was ranked No. 35 for cost; No. 3 for labor; No. 7 for infrastructure; No. 28 for industry; No. 30 for economy and No. 2 for tax policy, behind Wyoming.

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To reach the results, PwC weighted each category equally. Each category was broken down into subcategories. For example, to get the labor score, researchers looked at education levels and union membership; industry was determined by factors such as market size, profit margin and market maturity.

The top states for aerospace manufacturing are Georgia, Michigan, Arizona, North Carolina, Virginia, Ohio, Florida, Colorado, Texas and New York.

The report also did an analysis on the attractiveness of different countries for aerospace manufacturing, which had the United States at No. 1, followed by Switzerland, the United Kingdom, Australia and Canada.