PUEBLO – CR Minerals is a leading worldwide producer of high-quality pumice products, based in New Mexico. They have a range of applications including an additive in cement for stone veneer, concrete block, landscape rock and other uses in the construction industry. The expansion into the Colorado market brings a new product which mixes a fly ash product with their pumice (from their mine in New Mexico), which makes cement last longer in the ready mix process. CR Minerals will be located at the St. Charles Industrial Park.
CR Minerals made the announcement at 4:00 p.m. on Monday, May 8, 2017. Details of the project include:
Approximately $4.9 million in capital investment
17 new full-time jobs to be in place by October 1, 2019
$250,000 from the City of Pueblo’s half-cent fund for economic development (contingent on approval from the Pueblo City Council)
“CR Minerals Company, LLC is very excited about coming to Pueblo. The city and our experience so far represents a confluence of characteristics that we feel will be instrumental to the success of our business,” said Jeff Widden, President of CR Minerals Co. Whidden continues by saying, “For instance, PEDCO and the City have been very easy to work with as we selected our location and then progressed toward construction. The benefits that stem from the city’s 1/2 cent sales tax has additionally created an economically stimulating environment in which incentives have been provided to get our business off the ground and create a base for future growth. And last, but certainly not least, is the people of Pueblo where we will be able to draw from a strong employment base and gain employees that will help us not only succeed but thrive and grow.” In summary, Widden says, “In short, this new plant and location for CR Minerals represents an extremely important step for the growth of our company and we couldn’t envision it being situated in a better location than the city of Pueblo.”
“Pueblo is thrilled to be selected as the location for CR Mineral‘s new facility,” said Jeff Shaw, President and CEO of PEDCO. “This is yet another example of how PEDCO and our partners collaborate to bring great jobs and economic opportunity to the community. The investment from the City of Pueblo’s half-cent sales tax fund and Pueblo amazing workforce and infrastructure were essential components in securing this project.”
Author
PEDCO Team : The people of Pueblo came together in 1981 and formed PEDCO. Business people, large and small, and individuals dug into their pockets to find money to support PEDCO and its economic development efforts. They also gave of their time, available at a moment’s notice to talk to interested companies.
In 1984, Pueblo’s citizens voted to tax themselves to support economic development. The citizens continue to keep that half-cent sales tax in place. PEDCO uses the money for economic development incentives, funding certain capital projects and equipment purchases for new and expanding businesses.
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PEDCO JOBS ANNOUNCEMENT
PEDCO JOBS ANNOUNCEMENT
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CR Minerals announces new manufacturing facility in Pueblo
Monday, May 8, 2017 – 4:00 p.m. MST – UPDATED 5/9/17 @ 12:30 pm MST
PUEBLO – CR Minerals is a leading worldwide producer of high-quality pumice products, based in New Mexico. They have a range of applications including an additive in cement for stone veneer, concrete block, landscape rock and other uses in the construction industry. The expansion into the Colorado market brings a new product which mixes a fly ash product with their pumice (from their mine in New Mexico), which makes cement last longer in the ready mix process. CR Minerals will be located at the St. Charles Industrial Park.
CR Minerals made the announcement at 4:00 p.m. on Monday, May 8, 2017. Details of the project include:
“CR Minerals Company, LLC is very excited about coming to Pueblo. The city and our experience so far represents a confluence of characteristics that we feel will be instrumental to the success of our business,” said Jeff Widden, President of CR Minerals Co. Whidden continues by saying, “For instance, PEDCO and the City have been very easy to work with as we selected our location and then progressed toward construction. The benefits that stem from the city’s 1/2 cent sales tax has additionally created an economically stimulating environment in which incentives have been provided to get our business off the ground and create a base for future growth. And last, but certainly not least, is the people of Pueblo where we will be able to draw from a strong employment base and gain employees that will help us not only succeed but thrive and grow.” In summary, Widden says, “In short, this new plant and location for CR Minerals represents an extremely important step for the growth of our company and we couldn’t envision it being situated in a better location than the city of Pueblo.”
“Pueblo is thrilled to be selected as the location for CR Mineral‘s new facility,” said Jeff Shaw, President and CEO of PEDCO. “This is yet another example of how PEDCO and our partners collaborate to bring great jobs and economic opportunity to the community. The investment from the City of Pueblo’s half-cent sales tax fund and Pueblo amazing workforce and infrastructure were essential components in securing this project.”
Author
PEDCO Team : The people of Pueblo came together in 1981 and formed PEDCO. Business people, large and small, and individuals dug into their pockets to find money to support PEDCO and its economic development efforts. They also gave of their time, available at a moment’s notice to talk to interested companies. In 1984, Pueblo’s citizens voted to tax themselves to support economic development. The citizens continue to keep that half-cent sales tax in place. PEDCO uses the money for economic development incentives, funding certain capital projects and equipment purchases for new and expanding businesses.
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