Earlier today the Mesa County Commissioners agreed to grant Lewis Engineering a Business Personal Property Tax Exemption for recent expansions including the addition of over $2 million of manufacturing related equipment.
The company is a contract precision machine shop complemented with manufacturing and design engineering that specializes in aerospace products, turbine engine components, rapid prototyping, and industrial pumps. Employment has grown to over 80 people in recent years. “We are pleased to be recognized and rewarded for growing in Mesa County,” noted Matt Collins, Chief Operating Officer of Lewis Engineering. “We’ve estimated that with the multiplier effect, we have a positive impact of $35 million annually on the local economy.”
“Lewis is just the third company to receive this incentive since 2012,” said Diane Schwenke, CEO of the Grand Junction Area Chamber of Commerce. “We’d love to be able to process more applications for this program that has been made available to us by the Mesa County Commissioners.” The two other companies that have received the incentive are Reynolds Polymer and Edgewater Brewery.
Companies that have expanded and added new equipment with a value of at least one million dollars and added employees as well may be eligible. For more information, contact the Grand Junction Chamber of Commerce.