GRAND JUNCTION, Colo. Mesa County gives one local brewery a major return on its investment, officials are encouraging business growth with a little extra spending money.
Edgewater-Kannah Creek brewery was approved for a business personal property tax rebate by the Mesa County Commissioners on Monday morning.
For the next ten years, they will be given over $3,000 dollars annually for their continued effort to keep their business growing and the Western Slope economy booming.
“What it also does for the community is that it tells prospective businesses that Mesa County is open for business and it's a good place to come and invest your money,” says Jim Jeffryes, owner of Edgewater-Kannah Creek.
Edgewater-Kannah Creek invested over $1 million in their brewery, created 27 jobs when opening their second location, and were contacted by the Grand Junction Chamber of Commerce as a candidate for the rebate.
To be eligible for the incentive an existing business must invest at least $1,000,000 in items that are taxable as business personal property and be approved through the Grand Junction Chamber of commerce.