Economy & Economic Development  March 1, 2023

Brighton to provide incentives to lure battery production facility

BRIGHTON — The city of Brighton will provide use tax and property tax rebates to a battery manufacturer that may locate in the city.

The City Council approved an agreement Tuesday night that would provide Amprius Technologies Inc., (NYSE: AMPX) a Fremont, California, company, with a rebate of half of the use tax that otherwise would be collected in the redevelopment of an existing building as well as 100% of the city share of property taxes for five years that would be collected on the property.

The lithium-ion battery production plant would be at 18875 E. Bromley Lane…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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