The Pueblo County Board of County Commissioners (BOCC) held a work session on July 31, 2025, focusing on a significant economic development proposal centered around the production of glycerin and sustainable aviation fuels. The meeting highlighted plans for a new manufacturing facility on a 10-acre site, which proponents believe could lead to substantial job growth and revitalization of the local economy.

Key speaker Ralph Armijo emphasized the potential for the project to create a national model for collaboration between businesses and public entities. He noted that the glycerin market is experiencing a shortfall in the U.S., with over 20% of the demand currently being met through imports. This presents a unique opportunity for local production, particularly as glycerin is a critical ingredient in over 2,000 consumer products, including those in the medical and personal care industries.

Armijo outlined the expected economic impact, projecting a minimum of $30 million in downstream benefits for the community. He also mentioned a profit-sharing model that distinguishes this proposal from traditional business investments, suggesting that the county would receive back $16 million from a $12 million loan, alongside job creation and economic growth.

The timeline for the project is aggressive, with plans to begin production within a year, contingent on the timely arrival of necessary equipment from Portugal. The proposal has already garnered attention from local economic development organizations, with ongoing discussions about the specifics of the partnership.

Commissioners expressed interest in the innovative profit-sharing approach and the potential for job creation, while also acknowledging the need for careful consideration of the proposal's unique structure. The meeting concluded with a commitment to further discussions and evaluations of the project, which could significantly impact Pueblo's economic landscape.