Emerson will locate new innovation center with 250 jobs in Boulder – The Denver Post

Emerson, a global manufacturing and engineering services firm, has chosen Boulder for a new innovation center expected to employ 250 additional workers, the company said Wednesday.

The Fortune 500 company, which is based near St. Louis, will invest $100 million in a 180,000-square-foot expansion of its Micro Motion manufacturing space in the Gunbarrel area, adding a new research, product development and training center for its advanced flow measurement products.

“This U.S. investment significantly expands our ability to serve as industry leaders, helping customers in essential industries optimize their operations with the latest technologies,” David N. Farr, Emerson’s chairman and CEO, said in a statement. “Our new facility demonstrates our continued commitment to customer-driven innovation and high-tech manufacturing, as well as our focus on attracting the best and brightest talent to work for Emerson.”

Last July, the Colorado Economic Commission approved a $4.3 million job growth incentive tax credit for the company, which used the code name Project Salvo. The award was conditioned on the creation of 252 net new jobs over an eight-year period paying an average annual wage of $109,250. The jobs will include positions in engineering, marketing, sales and operations.

Colorado, while not considered a manufacturing powerhouse, has firms with expertise in engineering services tied to manufacturing, and flow measurement equipment represents an important export category.

Emerson’s decision represents the first big recruitment win for the Colorado Office of Economic Development and International Trade (OEDIT) since the COVID-19 outbreak hit in early March. More than 450,000 Colorado workers and independent contractors have sought unemployment assistance the past two months, according to counts from the Colorado Department of Labor.

“The Emerson manufacturing project is a perfect example of the role that company expansions play within OEDIT’s business development strategies. Capturing the incremental investment of a multi-national STEM-based firm increases Colorado’s supply-chain, innovation and talent pool density,” Michelle Hadwiger, the state’s global business development director, said in a news release.

Electrical engineer Jim Smith launched Micro Motion out of his Boulder garage in 1977. In 1984, Emerson, also known as Emerson Electric, acquired the company and expanded it. Emerson currently employs more than 600 workers in Colorado.

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