SITE SELECTION SERVICES

The right location – it’s a critical component to a company’s ability to succeed. Welcome to Longmont – a place where innovation thrives, where talent is abundant, where costs are competitive, where the business environment fosters company growth, and where the values that employers and employees desire are reflected throughout the community. Few places in the US meet all of these criteria… Longmont, Colorado is one of them.

Longmont is a community of 99,000 on the northern edge of metro Denver. Boulder County, as the nation’s most educated, is home to a number of advanced technology companies that are engaged in cutting edge R&D, and the translation of ideas into products. Names like IBM, Google, Microsoft, Oracle, Intel, Seagate, Xilinx, Lockheed Martin, Ball Aerospace, Sierra Nevada, and others populate the regional landscape. In Longmont alone, more than 200 global companies have a presence here and employ more than 11,000. In addition, a network of companies providing services, products and amenities exist to support these industries – all in a community that provides unparalleled quality of life.

The Right Location

Access to a sufficient labor pool, national and international markets, strategic partners, educational resources and regional amenities are all components of the right location.

The Right Attitude

Companies have to move at the speed of business. Time does mean money and in Longmont, we are sensitive to the needs of your company. That is why we have mechanisms in place to help you move through the development or relocation process to encourage your move to Longmont.

The Right Environment

Having an unsurpassed quality of life makes it easier to recruit and retain talent. Longmont offers that quality of life in a variety of ways: education, healthcare, climate, recreation, arts, community involvement, visual beauty… you name it.

WE’RE COST COMPETITIVE

From Taxes To Infrastructure To Housing

Business success is a function of costs and Longmont provides a very competitive cost environment. From electric rates that are among the lowest in Colorado and the nation, attractively priced real estate for leasing space or building facilities, to the most affordable housing in Boulder County, operational savings in Longmont help add to the bottom line. The cost of doing business in Longmont is even more remarkable given the level of talent, the quality of life, the condition of infrastructure, the business environment, and the low cost of taxes.

Attainable Housing

Longmont has maintained its competitive edge by offering the most affordable housing in Boulder County: it edges out year-over-year other communities in the County for having lower rent costs and lower housing costs. The median price of a home in Longmont is roughly 1/2 of the cost of the median home in Boulder city. This offers an affordable environment for individuals and families working in a variety of different industries.

Low Electric Rates

Longmont Power & Communications (LPC) is a community-owned, non-profit electric distribution and internet utility that operates under the direction of Longmont City Council. LPC’s electric rates are among the lowest in Colorado and the nation, at 29% below the state average. The typical blended rate is ~8.4 cents per kwh for commercial and 6.5 cents per kwh for industrial applications. Its reliability is in the top quartile when compared to regional utilities and utilities of similar size.

Business-Friendly Taxes

Corporate income tax in Colorado is 4.55% of Colorado taxable income. Colorado has also abolished the worldwide unitary method of allocating corporate income for taxing purposes. Inventories are exempt from property taxation. The total local mill levy burden in 2021 was 93.696 mills. Sales and use tax is 8.515% in Longmont.

The Fastest Internet in the Nation

Longmont has built NextLight, a citywide community-owned 100% fiber-optic broadband network that offers Fiber-to-the-Premises for both commercial and residential customers within the city limits. With NextLight’s unmatched combination of speed and affordability, Colorado’s first “Gigabity City” is a leader in digital communications and a global information hub.

TARGET INDUSTRIES

Smart Manufacturing
Longmont is a national center for the manufacturing of tomorrow, where leading companies are designing and building the next frontier of advanced manufacturing technology. Companies here are creating everything from optical devices to smart city technology, storage batteries to surgical tools. These are the companies that are building the devices that redefine the ways today’s industries operate and that make the reality of whole new industries happen.

1,863 JOBS

6.54 LOCATION QUOTIENT

.52% PROJECTED 5-YEAR GROWTH

$94,111 AVG. EARNINGS

Smart Manufacturing Featured Companies
Business Catalyst

Longmont is home to a comprehensive business support sector that catalyzes primary and local industry growth. Our strong business infrastructure creates opportunities for you to make your mark with companies and businesses that deliver specialized expertise, services and support to help other businesses do business. This includes specialized consultants, data processing, hosting, marketing, design and many more.

4,159 JOBS

1.78 LOCATION QUOTIENT

10.43% PROJECTED 5-YEAR GROWTH

$141,374 AVG. EARNINGS

Business Catalyst Featured Companies
Food & Beverage

Food and beverage companies are a well-established cornerstone of Longmont’s industrial diversity. We are not only home to national breweries, craft distilleries and artisan eateries, we are also a hub for national and international food companies and their manufacturing. This is a place where you can build a reputation and a career in the food & beverage industry while you tantalize taste buds and influence tastemakers across the globe.

748 JOBS

7.33 LOCATION QUOTIENT

24.86% PROJECTED 5-YEAR GROWTH

$68,330 AVG. EARNINGS

Food & Beverage Featured Companies
Knowledge Creation & Deployment

Longmont is a center for new knowledge and breakthroughs. We are a national hub for cutting-edge R&D and deployment in engineering, physical and life sciences. You will find numerous private research labs in our community, as well as medical, pharma, bioengineering and biotechnology companies looking to hire innovative thinkers who can help them push the boundaries of our scientific knowledge.

497 JOBS

.92 LOCATION QUOTIENT

7.88% PROJECTED 5-YEAR GROWTH

$114,003 AVG. EARNINGS

KNOWLEDGE CREATION & DEPLOYMENT COMPANIES

EXPLORE LONGMONT

You Have Us on Your Side

Longmont Economic Development Partnership leads a comprehensive approach to building an economic ecosystem that not only supports, but champions, businesses and their owners. From world-famous brewers to smart manufacturing plants, specialized business catalysts to world-class research facilities, our businesses in Longmont build an economy that champions growth, prosperity, and inclusion.

Our economic development strategy, Advance Longmont 2.0, focuses on quality job creation and business investment. We activate a powerful civic infrastructure that identifies problems, creates innovative solutions, and implements these programs across partner organizations. For us, Advance Longmont means doing it together.

Longmont EDP offers core services to our industry partners that attract, retain, and engage primary industry. We supply transformative resources to our local economy for our public partners and private investors. We share the story of Longmont to the world, inviting young entrepreneurs, families, and companies to thrive in our community. A 501(c)6 non-profit organization founded in 1981, Longmont EDP is funded with both public and private dollars. More than 120 private sector businesses join the City of Longmont, Boulder County, and Platte River Power Authority as our economic partners.

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