Colorado Gov. Polis, the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT), and the Grand Junction Economic Partnership (GJEP) announced that Morgan Mining, a leading interdisciplinary construction, mining, engineering, and management firm, has selected Grand Junction, Colorado, for expansion. This project will grow the advanced manufacturing industry and create new, good-paying jobs in rural Colorado.
“I’m thrilled that Morgan Mining is expanding in western Colorado, bringing 893 new good-paying jobs to Grand Junction and Mesa County. Colorado is the best place to live, work, and do business, and this exciting announcement shows that our leadership to lower costs for workers and build a strong workforce continues to attract businesses to our strong economy, strengthening our Colorado for All,” said Governor Polis.
Morgan Mining provides specialized mining labor, production management, and mining supplies for mining operations and other ancillary services. The company plans to expand its business through additional contracts throughout the United States and has identified the need to purchase a new site and refurbished mining equipment. The new site will serve as a hub for product and material suppliers to consign substantial inventory and equipment that would provide faster delivery to end users.
“We are excited to move forward with our expansion plans in Mesa County. We decided that creating a mining-focused hub in Mesa County provided the best economic and growth opportunities for Morgan. From the outset of this expansion project, OEDIT and GJEP were very actively engaged with us and ultimately provided the support needed to tip the scales in favor of Mesa County. We look forward to continuing our relationship with these entities, as well as other local leaders, as this expansion moves forward,” said Justin Morgan, President of Morgan Mining.
In Mesa County, Morgan Mining expects to create 893 net new jobs at an average annual wage of $92,447, or 167% of the average annual wage in Mesa County. The positions will include engineers, electricians, and finance roles.
"We are thrilled to partner with Grand Junction Economic Partnership and support Morgan Mining’s expansion in Mesa County. When advanced manufacturing companies expand in rural Colorado, they strengthen and diversify regional communities and economies. That’s a win for western Colorado and a win for the state of Colorado,” said OEDIT Executive Director Eve Lieberman.
“Morgan Mining’s investment into Mesa County represents a significant milestone for the regional economy. With up to 893 new jobs projected over the next eight years, this expansion provides incredible opportunities for local workforce development while reinforcing the region’s reputation for supporting industry growth. We are proud to partner with Project West Co Mining as they invest in our community’s future,” said Curtis Englehart, Executive Director for the Grand Junction Economic Partnership.
The Colorado Economic Development Commission approved up to $10,890,875 in a performance-based Job Growth Incentive Tax Credit for the company over an eight-year period. These incentives are contingent upon Morgan Mining, referred to as Project WesCo Mining throughout the OEDIT review process, meeting net new job creation and salary requirements.
In addition to Colorado, Morgan Mining considered Tennessee for expansion. The company currently has 226 employees, 196 of whom are in Colorado.