Government & Politics June 29, 2023 11:03:42 am

Greeley to consider $2.85M in incentives for 3D house printer

Alquist home — A Habitat for Humanity home 3D printed by Alquist LLC is shown in this photo. Source: Greeley City Council packet.

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…

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Ken Amundson

Ken Amundson retired from his position as managing editor of BizWest in May 2024 but has come back on a limited basis to report business news in Northern Colorado and the Boulder Valley. 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 north of Denver. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.