Loveland waits for answer about Quebecor expansion

It's been nine months since the city of Loveland and the Colorado Economic Development Commission offered printing company Quebecor World Inc. a package of incentives to expand its Loveland facility.

Still, the company has not indicated whether it will move forward with the project.

In August 2005, the city of Loveland approved an incentive deal that would match a $207,000 package from the Colorado Economic Development Commission for Quebecor to expand. The Montrealbased printer employs more than 240 in Loveland.

"We want them to make a commitment to Colorado," said Renee Wheeler, assistant city manager, in a Business Report interview last year.

At the time, Wheeler said the city didn't expect to hear from the company until February. But February came and went without an answer.

"We were hoping to have more information by now," Wheeler said, adding that there is no deadline for the company to respond to the offer.

Wheeler indicated that the city is keeping in contact with the company and is waiting for word from Quebecor's corporate office in Montreal. The company announced on May 11 that it would invest $36 million in a 145,000-square-foot addition to its head office.