Siemens offered business incentives

BOULDER - Siemens Energy, a division of Siemens AG (NYSE: SI), could receive up to $50,000 in rebates from the city of Boulder for the company's first U.S. wind power research and development facility. Boulder Interim City Manager Stephanie Grainger approved the application that provides rebates in sales and use tax, building permit fees and employee training assistance as part of the city's business incentive program. "The facility will likely attract other 'clean technology' companies specializing in or targeting renewable energies," Grainger said in a press release. "This world-class facility will also attract an ongoing stream of visitors to Boulder to participate in research and other education-related activities." As part of the rebate program, Siemens vowed to support a local nonprofit organization, set up an office... [read full story]