CO: TSW Analytical to Expand with Rural Jump-Start Tax Credit
23 Feb, 2016
TSW Analytical, an Australian-based forensics investigation and technology development company, will be expanding its operations to North America through Colorado’s new Rural Jump-Start tax credit program. TSW is a recognized global leader in the application of instrumental technology to food authentication and origin determination. One of its prime technologies, TSW Trace™, determines the provenance of a commodity through elemental fingerprinting and linking it to its origin. TSW Analytical plans to open its North American facilities in Palisade, Colorado, and plans to hire at least five new employees for the facility by year-end.
Additionally, two Mesa County, Colorado-based companies will expand their businesses under the new tax credit program. Colorado Clean, a biodegradable plastics startup will hire 10 employees to its Palisade-based manufacturing facility and ProStar Geocorp™, a software company focused on providing next generation GIS 'Geospatial Intelligent Solutions™' to pipeline and utility owners will hire five new employees in Grand Junction, Colorado.