Denmark-Based Multicut Plans Loveland, Colorado, Production Operations

Area Development News Desk

05/09/2026

Denmark-based Aerospace and defense manufacturer Multicut plans to establish operations in Loveland, Colorado. The project is expected to create 82 jobs in Larimer County.

The company’s new manufacturing and production facility will be located at the Forge Campus.

“As a Danish company, we value long-term partnerships, innovation, talent, and a collaborative business environment,” said Frank Duhring, CEO of Multicut North America Inc. “Colorado delivers on all parameters. We are excited and proud to expand our presence here and contribute to Colorado’s advanced manufacturing ecosystem.”

To support the project, the Colorado Economic Development Commission approved up to $1,038,878 in performance-based Job Growth Incentive Tax Credits over an eight-year period, tied to net new job creation and salary requirements.

“Colorado’s advanced manufacturing sector is diverse and growing, and we are thrilled to welcome Multicut to Loveland,” noted Eve Lieberman, Executive Director of the Colorado Office of Economic Development and International Trade. “This investment will support the state’s space, defense, and energy industries while creating high-quality jobs.”

Multicut is an advanced manufacturer that produces precision-machined components for the space, energy, and defense sectors. The company’s operations include engineering, machining, and scalable production for aerospace and industrial customers.

“Multicut's decision to expand in Colorado speaks to the strength and global reputation of our space ecosystem,” added Raymond H. Gonzales, President of the Metro Denver Economic Development Corporation. “This project reinforces Colorado’s leadership in advanced manufacturing and innovation.”

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