Beehive Industries Awarded Over $4.2 Million in State Tax Credits to Fuel Major Expansion in Colorado

Beehive Industries Awarded Over $4.2 Million in State Tax Credits to Fuel Major Expansion in Colorado

3D-printed engine manufacturer to establish Production Assembly & Test Center of Excellence, creating 220 high-paying engineering and manufacturing jobs

Beehive Industries today announced that the Colorado Economic Development Commission (EDC), operating under the Office of Economic Development & International Trade (OEDIT), has officially approved a performance-based Job Growth Incentive Tax Credit award of $4,227,929 for the company.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260824813498/en/ An assembly and test technician inspects a 3D-printed jet engine at Beehive Industries' Colorado headquarters. The Colorado Economic Development Commission approved a $4.2 million incentive package for the aerospace company on August 20. [Photo Credit: Beehive Industries]

Beehive selected Colorado to host its next major phase of growth, expanding the company’s local operations as its designated Center of Excellence (COE) for Production Assembly & Test operations. Beehive will create jobs at both its existing Centennial headquarters and a second facility in unincorporated Arapahoe County.