Greeley to consider $2.85M in incentives for 3D house printer
GREELEY — Members of the Greeley City Council will decide tonight whether to get into the printed 3D home business.
At a special meeting, the council will consider extending $2.85 million in incentives to assist the relocation of Alquist LLC’s North American headquarters from Muscatine, Iowa, to Greeley, where it will have a downtown office and a west-side production facility.
The incentives, according to material in the council packet, includes a $750,000 forgivable loan, $100,000 in relocation expense reimbursements, and a $2 million construction grant.
The deal contains provisions not typical for incentive agreements.
While the five-year $750,000 is forgivable if the company meets…
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