Incentives keep ADT in Denver suburb
AURORA, Colo.—ADT plans to expand and create new jobs in this Colorado city after the city council unanimously approved an incentives deal, according to an article from the Aurora Sentinel, a newspaper located in the city.
ADT, which had been considering expanding its operations to either the Denver Tech Center or Texas instead of Aurora, also plans to open a new operations division in the city, the report said. The company said it plans to buy $6 million in equipment and make $4.5 million in improvements at its new location, according to the report.
The deal will give ADT all of the sales and use tax rebates generated by the company’s future equipment purchases. That amounts to a maximum of $508,909 that the company will retain over a 10-year period, the article said.