Colorado OKs incentives for nearly 640 jobs

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DENVER (AP) - The Colorado Economic Development Commission has approved incentive requests that could bring nearly 640 jobs to the Front Range.

Layer3 TV requested $3 million in tax credits in return for providing 320 new jobs in Denver focusing on home media.

KBI Biopharma, a pharmaceutical company, requested more than $1 million in incentives in return for creating 120 new jobs in Boulder.

The Denver Post reports (http://tinyurl.com/k4j9ybs ) Invento Americas received approval for $243,000 in incentives tied to 38 jobs at a new plastic can production plant in Colorado Springs.

A fourth request under the job-growth incentive tax credit program, masked as “Project Target,” was approved for $310,000 in return for providing 45 biotech jobs in Jefferson County

The commission also granted $198,000 to an unidentified debit-card company in Douglas County.

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Information from: The Denver Post, http://www.denverpost.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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