COLORADO SPRINGS, CO – Spectrum Advanced Manufacturing Technologies has received $1.3 million in tax credits from the Colorado Economic Development Commission to expand its operations here and add up to 101 new jobs.

The planned expansion will include two new building at its existing campus, including a 12,500 ft. manufacturing center which will house ISO 8 Class cleanrooms for the production of AR/XR headsets and 3-D monitors, plus a 3,000 sq. ft. segregated cleanroom facility reserved for wiring and harnessing.

"This expansion signifies a strategic response to the growing demand for Spectrum AMT's expertise in high-reliability electronics manufacturing and assembly," said Jeff Gilbert, COO, Spectrum AMT. "We are deeply appreciative of our partnership with 5Star Bank and remain firmly committed to not only supporting critical industries like aerospace and defense but also contributing meaningfully to the advancement of technologies that shape the future, from space exploration and scientific discovery to addressing global medical challenges. We are proud to be part of a Colorado ecosystem that fosters innovation and economic growth, and we are excited to continue playing a vital role in Colorado Springs. This community has been instrumental in our beginning and continued success."

"Colorado is a leader in advanced manufacturing, and Spectrum AMT will create over 100 new good-paying jobs in this important industry. We are thrilled to see Spectrum AMT expand in Colorado Springs and this new investment will help Colorado remain the best place to live, work and do business," said Colorado Gov. Jared Polis.

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