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ACCO Engineered Systems to expand in Colorado. Mechanical contracting and systems engineering company ACCO Engineered Systems has announced plans to establish a new fabrication facility in Monument, Colo. The $36 million project is expected to create up to 135 jobs. The employee-owned company designs, fabricates, installs, and services commercial and industrial HVAC, refrigeration, plumbing, process piping, and building automation systems. It has 6,500 employees, 285 of whom are located in Colorado.

ACCO Engineered Systems selects El Paso County for new fabrication facility and expansion. Organizations in this story Letter to the Editor Community Newsmaker Know of a story that needs to be covered? Pitch your story to Business Daily. July 31, 2026 By Colorado Business Daily Monument, CO - Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that mechanical contracting and systems engineering company ACCO Engineered Systems (ACCO) has chosen El Paso County for expansion. "ACCO Engineered Systems' decision to expand in El Paso County is a testament to Colorado's thriving economy and talented workforce. We are thrilled to welcome this employee-owned industry leader to Monument, where they will create 135 good-paying jobs and strengthen our state's manufacturing and engineering sector," said Governor Polis. An employee-owned company, ACCO is dedicated to the design, fabrication, installation, maintenance and service of commercial and industrial HVAC, refrigeration, plumbing, process piping, and building automation systems. In Monument, the company will establish a new fabrication facility with a planned capital investment of $36 million to support their growing business. "Our move to Monument is a significant step forward for our growth in the Colorado market," said Dan Gudmunson, ACCO Engineered Systems project executive. "The added capacity we gain with this shop and the jobs it will create will allow us to provide our best-in-class fabrication and installation capabilities to more customers throughout Colorado and the surrounding states." ACCO expects to create up to 135 net new jobs at an average annual wage of $87,037, which is 133% of the average annual wage in El Paso County. The positions will include project managers, engineers, and operations. "ACCO Engineered Systems' expansion into El Paso County highlights Colorado's status as a premier destination for advanced manufacturing and mechanical engineering. By bringing 135 new jobs to Monument, ACCO is demonstrating the strength of our state's business climate and the ongoing success of our efforts to support industry-leading companies as they grow and innovate in our communities," said OEDIT Executive Director Eve Lieberman. To support the company's expansion in Colorado, the Colorado Economic Development Commission approved up to $453,000 in a performance-based Strategic Fund Job Growth Incentive over a five-year period. These incentives are contingent upon ACCO, referred to as Project Cobalt throughout the OEDIT review process, meeting net new job creation and salary requirements. Additionally, El Paso County, as the local administrator of the State of Colorado Enterprise Zone Program, estimates that ACCO Engineered Systems could qualify for up to $585,800 in performance-based state Enterprise Zone tax credits and exemptions. The Town of Monument also approved a local performance-based incentive of up to $453,060, tied to verified new full-time jobs at ACCO's Monument facility. "As our first competitive economic development project with the Town of Monument, their leadership, responsiveness, and willingness to think strategically demonstrated why Monument is such an attractive place for growing companies," said Bonnie Goff, Vice President of Economic Development for the Colorado Springs Chamber & EDC. "This project represents an exciting opportunity to bring high-quality jobs and new investment to the community, and we're proud to have worked alongside our partners in Monument as well as at the Office of Economic Development and International Trade and El Paso County to help make it possible." "Manufacturing is an important part of a strong local economy," said Carrie Geitner, Chair of the El Paso County Board of County Commissioners. "ACCO Engineered Systems shows that El Paso County is a place where employers can invest with confidence. The Enterprise Zone helps us support that investment and the creation of quality jobs for the people who live here." "The Enterprise Zone gives us a practical way to remove barriers for projects that bring real value to our community," said Commissioner Bill Wysong, whose district includes the project area. "ACCO Engineered Systems will add skilled manufacturing jobs to northern El Paso County and strengthen the regional construction supply chain." "ACCO Engineered Systems' expansion is an exciting milestone for Monument and one we competed hard for. This was the first time the Town has put together a local economic incentive package, so being chosen over the competition means a great deal. They're bringing high-quality jobs and real investment to our community, and we look forward to supporting their long-term success here," said Mitch LaKind, Mayor of Monument. In addition to Colorado, ACCO considered Peoria, Arizona, for expansion. The company currently has 6,500 employees, 285 of whom are located in Colorado. Original source can be found here.

New fabrication facility expected to bring 135 jobs to Monument area. Monument is set for a major economic expansion. ACCO Engineered Systems announced a $36 million investment to build a new facility in the town. The project is expected to create 135 new jobs with an average annual salary of $87,000, bringing significant growth to the region. Posted 7:14 AM, Jul 31, 2026 MONUMENT, Colo. (KOAA) - New business growth in the Monument area is expected to bring 135 new jobs, boosting the manufacturing industry in El Paso County. On Thursday, the Colorado Office of Economic Development and International Trade (OEDIT) announced that ACCO Engineered Systems (ACCo) chose El Paso County for expanding its operations. ACCO is an employee-owned company that has been designing and installing HVAC systems since 1934, when it started as Air Condition Company. In the release Thursday, ACCO says it expects the average annual wage of the 135 positions will be $87,037. The facility will be housed at the Falcon Commerce Center along I-25 and Baptist Road, according to its news partners at The Gazette. The fabrication facility will be a $36 million investment for ACCO as it expands its operations. "ACCO Engineered Systems' expansion is an exciting milestone for Monument and one we competed hard for. This was the first time the Town has put together a local economic incentive package, so being chosen over the competition means a great deal. They're bringing high-quality jobs and real investment to our community, and we look forward to supporting their long-term success here," said Mitch LaKind, Mayor of Monument in the news release. To help persuade the move, multiple economic incentives were offered totaling roughly $1.49 million in incentives. The Colorado Strategic Fund Job Growth Incentive was awarded to the project, which will help provide $453,000 in cash over a 5-year-period if ACCO fulfills its commitments to the Monument area and the state. El Paso County will estimate that ACCO could qualify for roughly $585,000 in performance-based Enterprise Zone tax credits and expenditures, and the Town of Monument approved a local performance-based incentive of $453,060 that is tied to verified new full-time jobs at the facility. To see ACCO's available positions, click here. ___ Pet boarding facility owner facing charges against animals and employee. Daniel O'Sullivan owns Boardmoor Pet Resort off I-25 in Fountain. Earlier this month, he pleaded guilty to an animal cruelty charge after a dog died at the facility earlier this year. He's facing two additional charges. What should KOAA5 cover? Is there a story, topic, or issue Koaa News5 should revisit? Have a story you believe should make the light of day? Let its newsroom know with the contact form below. Watch KOAA News5 on your time, anytime with its free streaming app available for your Roku, FireTV, AppleTV and Android TV. Just search KOAA News5, download and start watching.