Economy & Economic Development  July 24, 2023

Windsor to consider pair of incentive agreements tonight

WINDSOR — The Windsor Town Board will decide Monday night on a pair of incentive agreements to benefit relocating or retooling employers.

In both cases, the board will consider a reimbursement of half of the personal property taxes that the businesses would otherwise pay to the town over a 10-year period.

In the first case, as previously reported, Microvast Inc. bought the former Hexcel Corp. building at 31815 Great Western Drive in order to expand its Colorado operations. Microvast, a supplier of lithium-ion batteries, plans to use the Windsor building to assemble components manufactured elsewhere, according to Stacy…

Related Posts

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.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...