Jam and jelly maker Smucker’s is planning a $340 million manufacturing operation in Longmont that could bring as many as 500 jobs to the area.

J. M. Smucker Co. announced its intentions Tuesday to build a production facility for its fast-growing Uncrustables frozen peanut butter and jelly sandwiches.

The plant will be built from the ground up at the east end of Longmont in Weld County at Concepts Industrial Park, Smucker stated.

Smucker declined to disclose specific salary figures, but noted “positions at the new manufacturing facility will be compensated above the average Weld County wage.”

The deal still hinges on the sale of the property, which has yet to close, and on the approval of financial and tax incentives for the project by the state of Colorado, city of Longmont, and Weld County, including fee and tax rebates, and other financial incentives.

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