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PEDCO reports active prospects and a potential $750M+ project; councilors press to reinstate economic‑development contract
Summary
PEDCO—s quarterly briefing outlined prospect activity, target industries and a major prospective southern Pueblo project (300+ jobs, more than $750 million CapEx). Councilor Flores urged the council to reinstate PEDCO's contract rather than rush an RFQ, citing the organization's history and community support.
Jeff Sharp, president and CEO of PEDCO, gave the council a quarterly update on Nov. 10, outlining the organization—s mission, recent prospect activity and a major project under pursuit in southern Pueblo.
Sharp said PEDCO focuses on attracting, retaining and expanding primary jobs and noted the organization—s historical contributions: roughly 99 companies assisted over its history, creating about 16,000 primary jobs; about 36 of those companies remain and account for approximately 7,000 primary jobs in Pueblo. Sharp…
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