A company that manufactures towers to provide communications services in remote areas plans to open in Grand Junction, the latest participant in a program offering tax incentives to businesses that create new jobs.
Adaptive Towers is expected to soon open a manufacturing facility in Grand Junction and hire up to 13 employees before the end of the year. The firm is the eighth to be accepted into the Rural Jump-Start Program in Mesa County.
“We are excited to bring our new division to the Grand Junction area and thank all those that have helped us achieve this major step,” said Tracy Harmer, president and chief technology officer of Adaptive Towers.
Kristi Pollard, executive director of the Grand Junction Economic Partnership economic development organization, also welcomed the news. “We are excited to have the company join our growing family of Jump-Start businesses that are revolutionizing how and where we do business from the heart of Colorado’s Grand Valley.”
A division of Adaptive Communications, Adaptive Towers makes self-supporting communications towers that provide cellular telephone and Internet services in remote areas. The towers require no in-ground foundation and can be assembled on site in less than three hours.
“The applications for these towers are near endless,” Pollard said. “Think of military bases, emergency response operations, oil rigs or any companies working in remote locations with minimal infrastructure to support traditional communications towers. Adaptive Towers will provide a much-needed service to these organizations, and we foresee large growth potential.”
Adaptive Communications operates three divisions in offering customers not only communications towers, but also telephone and Internet services and software engineering services. The company operates offices in Grand Junction, Delta and Cedaredge.
Mesa County was the first in Colorado to join in the Rural Jump-Start Program. The program creates zones in Colorado in which eligible businesses are exempted from paying state and local taxes. In Mesa County, local government jurisdictions have offered additional incentives. Qualifying businesses are exempt from paying state income, use and sales taxes as well as county and municipal personal property taxes.
To participate, the core functions of businesses may not compete with existing operations. Businesses must create a minimum of five net new jobs in the county in which they’re located and establish a relationship with an institution of higher education — Colorado Mesa University in Mesa County.
With the addition of Adaptive Towers, Pollard said businesses participating in the Rural Jump-Start Program are projected to add more than 600 jobs and $25 million in new salaries to Mesa County by the end of 2020.