Cool Planet moves to Colorado

In Colorado, Cool Planet will open its global headquarters in Greenwood Village, CO, as well as open its first manufacturing facility in Colorado. Cool Planet has developed a patented process that converts non-food biomass – such as beetle kill pine and corn cobs – into gasoline through mechanical and chemical processes, which can be used in any vehicle on the road today. The company has been approved for $3,094,928 from Colorado’s Job Growth Incentive Tax Credit for the creation of up to 393 new jobs over three years.