Denmark Manufacturer Bringing Over 80 New Jobs to Loveland

It's great that Loveland has been chosen to be the first U.S. location of a Danish manufacturing company, specializing in the space, energy and defense sectors. Colorado, Arizona and California were all considered; for Loveland to get the nod elevates the city's "street cred."

Who is the Company Bringing New Jobs to Loveland, Colorado?

The company, Multicut, was founded in 1998 in Denmark, as a highly-ambitious machine shop. Their goal was to take on whatever milling and machining demand was thrown at them; the harder the job, the better.

What Does Multicut Do?

Today they deliver advanced machined components to the most demanding industrial production sectors in the world: To the global energy industry, to Green-tech, to defense and aerospace applications, and more. According to a press release form Loveland, Governor Polis is excited that:

...Multicut will be bringing 82 jobs supporting the growth of Colorado's defense industry.

This company coming, with jobs related to the defense industry, reminds me of how Loveland was set to work for NASA back in 2012. It involved thousands of high-tech jobs at what was the former Hewlett Packard (HP) campus. All of that, for whatever reason, fell through; but the HP campus is a part of Multicut's plan.

READ MORE: What We Know About 'Avenue South' in Loveland

Multicut will be coming to The Forge, the former HP campus, known for being a collaborative ecosystem for advanced industry. There are currently over a dozen companies within The Forge, including another machine shop, Check Zero.

A few of the clients Multicut works for:

• Lockheed Martin
• Vestas
• Raytheon
• Planet Labs

What Jobs Are Coming With Multicut Coming to Loveland?

According to the press release, the jobs will include engineers and operators involved in machining, cutting, and related manufacturing tasks. The job will pay more than the average annual wage in Larimer County.

Multicut stated in the press release that establishing a U.S. manufacturing facility will help the company meet the growing demands in America.