Dec 16, 2013 11:10 PM by Jennifer Horbelt
DENVER, CO- The state is celebrating after a technology company announces it is moving its headquarters to Denver.
Hamon Deltak Inc., which engineers and manufactures heat recovery steam generators, announced today the move of its headquarters to Denver. The move includes an expansion of more than 120 high-paying jobs.
"Hamon Deltak's decision to expand here reaffirms Colorado's position as a hub for businesses in advanced industries and will boost the state's innovation ecosystem," Governor John Hickenlooper said. "We are committed to supporting the company's continued growth and success and are delighted Hamon Deltak Inc. has chosen Colorado for its company headquarters."
"In addition to our existing Minnesota location, Denver will be an invaluable asset to attract world-class talent to Hamon Deltak. We expect continued strong worldwide demand for our waste heat recovery products," said Peter Dawes, president of Hamon Deltak Inc.
Dawes added Colorado's Office of Economic Development and International Trade and the Metro Denver Economic Development Corporation has been supportive in the company's search for a new location.
The company, now headquartered in Minneapolis, will receive tax credits from Colorado's Job Growth Incentive Tax Credit for the creation of 127 new jobs over five years. The company proposed an average annual wage of $87,953 per employee.