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Gov. Jared Polis addresses a crowd at the 41st Annual Space Symposium on Wednesday. SelectTech, an Ohio-based company, chose Colorado for expansion and could add as many as 150 jobs. (Alex Edwards, The Gazette)<\/p>\nBy Breeanna Jent and Alexander Edwards<\/p>\n
The Gazette<\/p>\n
Ohio-based aerospace company SelectTech Services Corporation is expanding to Colorado Springs.<\/p>\n
Company leadership, Gov. Jared Polis and local business and economic development officials announced the expansion on Wednesday afternoon during the 41st Space Symposium held at The Broadmoor.<\/p>\n
SelectTech is a mission-driven company that supports the U.S. military and other partners through manufacturing, design, integration and technical support services for air- and ground-based products, according to a joint news release from Polis\u2019 office and the Colorado Office of Economic Development and International Trade.<\/p>\n
\u201cWe only have 170 people in the company now, so doubling that here in CO is a big lift for us and something we\u2019re excited about,\u201d said Heather Fattah, SelectTech president and chief executive officer.<\/p>\n
The company selected El Paso County for its proximity to government clients such as the Air Force and Space Force, as well as original equipment manufacturers in the aerospace industry.<\/p>\n
Company leaders also pointed to \u201cthe region\u2019s specialized talent within the aviation industry\u201d which will \u201cadvance SelectTech\u2019s commitment to key capability development\u201d as contributing factors.<\/p>\n
\u201cOur growth is about more than adding square footage or a headcount; it\u2019s about investing in people and a place,\u201d Fattah said in a news release. \u201cEl Paso County stood out to us as the right place to grow our small business because it\u2019s a community that prioritizes its people, long-term partnerships and responsible growth over rapid scale. We\u2019re excited to build a workforce where our employees can establish meaningful careers while contributing to the long-term success of the region in aerospace manufacturing and mission-critical capabilities.\u201d<\/p>\n
\u201cOne of our big flagship programs is an airworthy system that flies around the (Secretary of War) and kind of turns the back of a C-17 into something like Air Force One,\u201d she added. \u201cThis facility (in Colorado Springs) is more of like a high-volume facility, where we\u2019re going to do a lot more repeatable type integration work.\u201d<\/p>\n
SelectTech builds ground systems such as composite-sided, sensitive compartmented information facilities, Fattah added. The company also focuses on what Fattah called \u201cdefense integration.\u201d<\/p>\n
\u201cDefense integration is really about taking whatever the best solutions are from a technical perspective and kind of looking at the mission and then putting them together,\u201d she said. \u201cWe do manufacture some goods and services, but really it\u2019s more about having the technical expertise to research and find what the best already available solutions are and combining them.\u201d<\/p>\n
Gov. Jared Polis addresses a crowd at the 41st Annual Space Symposium on Wednesday. SelectTech, an Ohio-based company, chose Colorado for expansion and could add as many as 150 jobs. (Alex Edwards, The Gazette)<\/p>\n
The company expects to create at least 150 net jobs at an average annual wage of $85,927, or 126% of the countywide average annual wage. Positions will include engineers, technicians, buyers, managers, planners and technical writers.<\/p>\n
State and local leaders on Wednesday lauded El Paso County\u2019s and Colorado\u2019s leadership in the aerospace and defense sectors, their roles in national defense, their specialized, highly skilled workforces, and El Paso County\u2019s pro-business environment.<\/p>\n
\u201cSelectTech\u2019s expansion reflects the intentional work happening across our region and is a clear signal that El Paso County continues to lead aerospace and defense growth at a national level. \u2026 We\u2019re proud to support SelectTech\u2019s growth and welcome their team to our community,\u201d said Bonnie Goff, the Colorado Springs Chamber & EDC\u2019s vice president of economic development in the release.<\/p>\n
The Colorado Economic Development Commission in January approved up to roughly $1.98 million in performance-based job growth incentive tax credits for SelectTech over eight years. The company was referred to by code name \u201cProject Oak\u201d throughout the incentive process, a common practice. SelectTech must meet net job creation and salary requirements to receive the tax credits.<\/p>\n
SelectTech also considered expanding in Ohio, the release said. The company currently has more than 160 employees, 13 in Colorado.<\/p>\n
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