PUEBLO — A company that builds energy-efficient modular homes aimed at providing more affordable housing plans to open a factory in southern Colorado.
IndieDwell announced Monday that it will spend $13 million to convert an existing warehouse in Pueblo into a factory that will employ up to 200 workers at full capacity.
The company, which also has a factory in Boise, Idaho, announced plans to expand in September after raising $5.5 million in an initial round of financing. The Pueblo Chieftain reports it makes homes in three sizes ranging from 320 square feet to 960 square feet.
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Pueblo plans to give the company about $1.7 million from its economic development fund because of the jobs it will create. City councilors are scheduled to vote on that Nov. 11.
Information from: The Pueblo Chieftain, chieftain.com