Tuesday, August 26, 2008
Monday, August 25, 2008
Thursday, August 21, 2008
Wednesday, August 20, 2008
Call 579-5000 for more information.
Monday, August 18, 2008
Thursday, August 14, 2008
Wednesday, August 13, 2008
Tuesday, August 12, 2008
Monday, August 11, 2008
“I never had any idea it would get this far,” sculptor Michael Garman said, “I guess that’s why it got this far.”
Garman, 70, flew into
Garman said his health is the problem. He was diagnosed with congestive heart failure and doctors have only given him a couple years to live. It’s time, he said, to focus on other things.
“It’s too personal a business for me to sell it,” he said.
His son, Michael P. Garman, ran the business for five years and had planned to take it over, but he decided to strike out on his own, Garman said.
“I’m not a good manager,” Garman said. “He doesn’t want to manage. Hell of a good sculptor, though. He’s decided to go out on his own now, find his own place.”
His daughter Vanessa Garman will run the business until the end. The company’s 15 employees should stay on until the business wraps up, she said.
“We’re going to need everybody until the end,” she said.
The big question is what happens to
“The last thing we would want is for it to end up in storage,” Vanessa Garman said.
Losing the gallery will be a blow to
“It’s really a sad thing,” he said. “He has been a cornerstone for years and years and years. It will be a tremendous loss.”
Because of his health, Garman is trying to limit the time he spends in the thin air of
Garman doesn’t plan to sell any new works, but said he won’t stop sculpting.
“It’s been everything to me,” he said, brushing back tears.
Thursday, August 7, 2008
The Manitou Springs Historic Preservation Commission on Wednesday approved the Cliff House’s proposed $15 million expansion around the historic Wheeler House by a 5-2 vote. The expansion will go before the city council on Aug. 26.
"This puts us in a position to go to city council in pretty good shape," said Paul York, general manager for the Cliff House.
Tuesday, August 5, 2008
The restaurant chain filed for Chapter 7 bankruptcy protection last week and said all company owned stores were closing. That included two locations in Colorado Springs. Those customers stuck with Bennigan's gift cards, though, can now exchange them at Texas Roadhouse restaurants for a free entrée certificate. The offer expires August 30.
Texas Roadhouse offered a similar program after Roadhouse Grill filed for bankruptcy.
Monday, August 4, 2008
Colorado Springs will lose an institution in November when the Michael Garman Gallery and Michael Garman Productions go out of business.
Garman turned his aptitude for sculpture into a mass-production business that made him as much a businessman as an artist, and his Magic Town diorama in Old Colorado City grew into a local tourist attraction.
Garman's health has been bad, store manager Jennifer Rohlfs said.
"He's ready to enjoy the last few years of his life without the stress of the company," she said. "We're not happy about it, but it's something that can't be avoided."
Michael Garman Productions announced the closing to its retailers in July. Rohlfs said that the company would continue producing sculptures through Nov. 1, then sell off the remaining stock into next year.
Friday, August 1, 2008
In July, construction started on a building that will more than double its office space.
The 45,000-member financial institution has grown by nearly 60 percent during the past five years to $385 million in assets spread among 12 branches. Glenn Strebe, Air Academy’s chief executive. said the credit union searched for nearly two years to find a centrally located site of the right size to accommodate Air Academy’s growth for decades before finding a 13-acre parcel at 9810 N. Union Blvd., northeast of Powers and Union boulevards.
Air Academy officials hope to move into the 52,000-square-foot, four-story headquarters during the third quarter of 2009 and sell their 20,000-square-foot headquarters at 1355 Kelly Johnson Blvd. that the credit union built in 1980 after moving off academy grounds..
The new building will include a branch with drive-up facilities, meeting rooms, a fitness center, storage and space to expand information technology operations, he said.
Thursday, July 31, 2008
All of the tickets were given to non-commissioned personnel, and some went to wounded troops and Purple Heart recipients.
“As an active member of the Colorado Springs Community, we thought it was the least we could do,” said Clay Benson, construction executive in Mortenson’s Colorado Spring’s office.
Mortenson Construction is currently working on over $140 million in projects at Fort Carson.
Wednesday, July 30, 2008
Tuesday, July 29, 2008
annual Pioneer Community Give Back
Monday, July 28, 2008
Friday, July 25, 2008
Alterkawi arrived at the Springs incubator July 10 to gather information about technology entrepreneurs, private investing, venture capital, small businesses, technology-transfer programs and the details of managing an incubator. He also is meeting with officials from the city of Colorado Springs, the Colorado Springs Chamber of Commerce, the Colorado Springs Economic Development Corp., the U.S. Air Force Academy and the University of Colorado at Boulder and Colorado Springs.
The Riyadh incubator, which now houses one company specializing in radio frequency-identification devices, opened in temporary quarters in May and will move into a 12-story building now under construction in about 18 months, Alterkawi said.
The Springs and Saudi incubators last week signed an agreement to sit in on each other’s meetings through video teleconferencing and form relationships between incubator companies that could include joint ventures, investments and other business opportunities.
The visit was set up through Khurshid Quershi, president and chief executive of zeeWAVES Systems Inc., an incubator tenant that develops antennae for wireless networks.
Guaranteed Recycling Xperts is an electronics waste recycler and has three facilities, including one in Colorado Springs. The company recycles all electronic devices and provides pick-up services for businesses and organizations.
Thursday, July 24, 2008
The company collected 341 survey responses in March of this year. More information: http://www.grantthornton.com/
Tuesday, July 22, 2008
Friday, July 18, 2008
Thursday, July 17, 2008
For a short time, it looked like there would be some surprise fireworks in Cripple Creek. When Judge Jackson Peters called for Bronco Billy's co-general manager Marc Murphy, he was nowhere to be found. Nor was his attorney. Judge Peters said he would issue a bench warrant for Murphy, although assistant district attorney Nathan Whitney asked the judge to give Murphy until the end of the day to appear.
Turns out, it was just a misunderstanding. Murphy's lawyer had filed the motion asking for a pre-trial hearing late in the day Wednesday and the paperwork hadn't made it to the judge yet.
Eric Rose, general manager of the Colorado Grande Casino, which has remained non-smoking, said he is frustrated by what he sees as delaying tactics, allowing the casinos to continue smoking.
"I'm sure that's their plan," he said. "It could easily be a year, I'd imagine."
Stephanie Steinberg, chairwoman of Smoke-Free Gaming of Colorado, said the smoking casinos need to face up to the facts.
"I wish they would just come to the conclusion that the law is what it is," she said. "They still haven't accepted that the law applies to all casinos."
A fourth casino, the Gold Rush, allowed smoking beginning July 11, was ticketed by Cripple Creek police on July 12, then suddenly stopped smoking on Tuesday. Gold Rush general manager Mike Hirsch said the casino's initial court date was set for Sept. 29.
All four casinos that have allowed smoking assert that they meet the cigar exemption from the statewide smoking ban. Bronco Billy's co-general manager Mike Chaput said it will be the court's decision.
"It's a legal matter now and we have to be silent about it," Chaput said.
Wednesday, July 16, 2008
Thirty-four lenders have made 193 loans in the county totaling $44.8 million, which is on a pace to break last year’s county record of $57.5 million in SBA-backed lending. SBA lending, measured by the amount loaned, is down about 10 percent from the period a year ago both statewide and nationwide. The SBA measures its lending based on the federal government’s fiscal year, which ends Sept. 30.
“This is remarkable because lending is down across the nation. It shows that businesses in El Paso County still have access to capital,” said Becky Fuller, who organized a program in 2006 to boost local small-business lending by training bankers on how to make the government-backed loans. She also is southern Colorado business development manager for Colorado Lending Source, the state’s top SBA lender so far this year, based on the amount loaned.
U.S. Bank is the top local SBA lender so far this year with 42 loans totaling $3.62 million, ranking it ahead of Chase Bank with 36 loans for $3.88 million and Wells Fargo Bank with 24 loans for $4.31 million. Wachovia SBA Lending Inc. is the top lender based on the amount loaned with 12 loans for $8.02 million, followed by Colorado Lending Source with 13 loans for $6.41 million and Pikes Peak Regional Development Corp. with 13 loans for $5.88 million.
Tuesday, July 15, 2008
Shares of the Colorado Springs-based semiconductor design company lost 57 cents, or 14.9 percent, to close at $3.25 in heavy trading on the Nasdaq Stock Market on Tuesday, the lowest level Ramtron stock has reached since closing at $3.22 on Oct. 19.
That is down from fourth in 2001, mostly because the city had the second-highest percentage decline in technology employment among the 60 cities included in the Cybercities 2008 report, the first published by the Washington, D.C.-based organization since 2000. Boulder kept its second-place ranking in the percentage of its work force employed in technology despite losing more high-tech jobs on a percentage basis than any of the 60 cities.
Despite a decline in technology employment of 9,700 jobs between 2001 and 2006, the Springs still had 12.2 percent of its private-sector work force employed in technology jobs in 2006, the report found. San Jose, Calif.; Boulder; Huntsville, Ala.; Durham, N.C.; Washington, D.C., and Manchester, N.H., all ranked ahead of Colorado Springs in percentage of their work force in technology jobs.
Most of the city’s technology employment is in computer systems design, engineering services and semiconductor manufacturing, where the Springs still ranked 10th highest in chip making employment. The Springs isn’t likely to move in the rankings in coming years — Intel Corp. shut down its 1,000-employee Colorado Springs semiconductor plant late last year and Hewlett-Packard Co. is moving a 800-employee technical and customer support center to New Mexico next year.
The report uncovered a couple of bright spots for the local technology industry — local technology workers earned an average of $74,673 in 2006, or nearly twice the average annual private-sector wage, and the number of technology businesses grew by 15.1 percent between 2001 and 2006.
For more information, go to http://www.aeanet.org/publications/idjj_cc2008_overview.asp.
Monday, July 14, 2008
E85 contains 85 percent ethanol and 15 percent gasoline.
Friday, July 11, 2008
Thursday, July 10, 2008
CNBC analyzed 40 factors in 10 broad categories.
The report said
“This is great news for
Wednesday, July 9, 2008
"This acquisition creates tremendous opportunities, both for our firm and our new insurance clients," said Steve Schneider, president of CB Insurance. "We are anxious to move forward with our business strategies now that this acquisition is closed, and will continue to add resources and talent to better serve clients of CB Insurance and the other divisions within Central Bancorp."
The Van Gilder office employed 23 and last year generated $3 million in commissions on premiums totaling about $35 million. The local operation was founded as Bennett-Shellenberger Co. in 1890, was acquired by Norm Coleman in 1959 and was sold to Van Gilder in 1998. Central also owns mortgage, title insurance, wealth management and trust operations and plans to open a bank later this month.
Tuesday, July 8, 2008
The publication listed the Denver-Boulder area as one of nine emerging biotechnology regions along with Alabama, New York, Tennessee, Texas, the St. Louis-Kansas City area; Oslo, Norway; China and India. The 11 established regions included Boston, San Diego, San Francisco, Washington, D.C., Research Triangle, N.C., Florida, New Jersey, Pennsylvania, Wisconsin, Ontario, Canada and Singapore.
The Denver-Boulder area was selected, Genome Technology said in its June issue, because of its 10,000 biotechnology workers, a $150 million expansion planned by Amgen Inc. in Boulder and the recent conversion of the former Fitzsimmons Army Medical Center to a bioscience business park that includes the University of Colorado Health Sciences Center, Children’s Hospital and a biotechnology incubator.
Colorado also scored a fourth-place ranking from Families USA’s Global Health Initiative among states generating the most economic activity per dollar of funding from the National Institutes of Health. Colorado generated $787 million in business activity from $336 million in NIH funding, or $2.34 for each dollar of funding from the agency, which ranked the state behind Texas, California and Georgia.
The Milken Institute’s State Technology and Science Index ranked Colorado third after Massachusetts and Maryland, based on 77 indicators ranging from research and development, risk capital, entrepreneurial infrastructure to human capital investment, technology and science work force and technology concentration and dynamism. Colorado previously was ranked third in 2004 and second in 2002 by the institute.
Monday, July 7, 2008
Allegory Marketing, one of Colorado Springs largest advertising agencies, is changing hands as founder and president Tom DeNardin sells the company to Victoria Stone, president of ACTUATE Inc. and former marketing director for Todays Homes.
Thursday, July 3, 2008
The group ranked the Springs as one of the 50 large markets most likely to lose some or all air service as a result of higher fuel prices. Among the factors making airports vulnerable to higher prices are proximity to other airports with low-fare service, airline mergers, previous fluctuations in airline service, widespread use of regional jets, service from regional carriers that are at risk of losing their contracts with major airlines.
“The fuel crisis is having an impact beyond the gas pump and is now likely to cause irreparable harm to businesses large and small through a significant reduction in air service,” Kevin Mitchell, chairman and founder of the coalition, said in a news release. “Liquidations at major airlines would have catastrophic effects on the economy, reduce services in cities large and small and impact people in Colorado Springs.”
An earlier study by the group estimated that at current fuel prices, airlines would have to boost fares another 21 percent to 24 percent and cut flight capacity by 18 percent to 20 percent, eliminating between 74,000 and 84,000 jobs.
For more information, go to http://www.businesstravelcoalition.com/
Be glad you’re not trying to pay the fuel bills for Cripple Creek & Victor Gold Mining Co., which operates a fleet of 10 300-ton dump trucks that haul gold ore from its open-pit mine between Cripple Creek and Victor to a nearby crushing facility. Each of the mine’s trucks burn three-quarters of a gallon of diesel fuel a minute, which means each truck uses more than $200 in fuel during an hour of operation. That’s about $50,000 a day for the fleet.
Skyrocketing fuel prices have increased the cost of producing gold at the mine by a third during the past year, said Larry Newcomer, general manager of Cripple Creek & Victor Gold. Every $1 increase in the cost of a barrel of oil increases the cost of producing an ounce of gold at the mine by about $1. That means the cost of gold being mined now will be more than $400 an ounce when it completes the production process in two years.
That wouldn’t be so bad if the mine’s parent company, AngoGold Ashanti Ltd., hadn’t sold off much of the mine’s production under hedging contracts at $450-$550 an ounce. That means gold produced at more than $400 an ounce will barely produce a profit and might even result in a loss depending on how much higher fuel prices climb in coming months.
“Four years ago, we were paying 85 cents a gallon for fuel and now we paying $4 a gallon. The price of gold hasn’t kept up,” Newcomer said, noting gold prices have gone up a little more than a third as fast as fuel prices during the same period.
Tuesday, July 1, 2008
The 124,305-square-foot building, southeast of Powers Boulevard and the Milton E. Proby Parkway, houses 400 of Northrop Grumman’s 1,150 local employees. City officials selected Corporate Office Properties Trust last year as the business park’s master developer.
The company now owns 15 office buildings in the Springs, totaling 1 million square feet. It also is building three office buildings with 232,000 square feet, developing two others with 235,000 square feet and owns 192 acres that could accommodate 2.5 million square feet of space.
The semi-annual bulletin shows the first six months of data collected from a new reporting system established by a state law approved in 2006. Hospital-acquired infections, infections that occur during or after treatment for a different condition, usually occur when medical procedures such as a central line, a type of catheter placed near the heart, introduce infections into the bloodstream.
Memorial Health System’s central hospital and Penrose-St. Francis’s Health Services’ central hospital, the only two listed in the bulletin, both ranked average. Additional reports will be released later this year.
Monday, June 30, 2008
Simtek Chairman Robert Pearson told stockholders at the company’s June 19 annual meeting in Colorado Springs that “the process is still very much alive and we are actively working with our (financial) advisers,” but declined to answer questions.
The company released a statement last week that it continues to “explore various strategic alternatives in order to maximize long-term value for stockholders” and it continues to “actively work on such alternatives with our advisors,” but offered no specifics on what those alternatives might be or when it might choose one of the options.
Simtek hired Palo Alto, Calif.-based Pagemill Partners LLC in February to evaluate its “strategic options.”
Simtek turned down a $2.20-a-share offer in April from Cypress, one of its largest shareholders, saying it “significantly undervalued” the company.
Simtek’s stock fell Tuesday to a five-year low of $1.70 before rallying back to $1.86 on Wednesday
State Bank of Bartley, a Nebraska institution of which Alexander is chairman and co-owner, is acquiring one of two Colorado banking charters of the Evans-based Bank of Choice as a way for it to expand to Colorado Springs, where it will operate as Stockmens Bank, Alexander said.
The move still requires approval by Nebraska and federal regulators, but could happen in as few as three months, he said.
State Bank, which has $35 million in assets, already operates a lending office with five employees in downtown Colorado Springs and will convert it into a full-service banking branch if it gets the required approvals, Alexander said. The bank would focus mostly on business lending, he said.
An investor group led by Alexander sold First National to Nebraska-based Pinnacle Bancorp Inc., which operates in Colorado as Bank of Colorado, after making it El Paso County’s fastest-growing financial institution during the previous five years.
He began his banking career at what is now Chase Bank and later started a lending firm he eventually sold to Wells Fargo & Co
Thursday, June 26, 2008
Westmoreland and Springs-based Century Casinos Inc. were deleted last year from the index and instead became part of the Russell Microcap Index. Locally based Spectranetics Corp. remains part of the Russell 3000 index. Among other local public companies, Golden Cycle Gold Corp. will temporarily join the Russell Microcap index until it is acquired June 30 by South African mining giant AngloGold Ashanti Ltd., while Simtek Corp. will be dropped from the Microcap index. Ramtron International Corp. remains part of the Microcap index.
The changes are part of an annual reshuffling of the indices, which include the nation’s largest public companies based on the total value of each company’s stock. The Russell 3000 index includes the nation’s 3,000 largest public companies, while the Microcap index includes the smallest 1,000 members of the Russell 3000 and 1,000 additional smaller companies. Tacoma, Wash.-based Russell Investment Group will post revised lists of companies it is adding and dropping from the indices on at www.russell.com/Indexes/membership/Reconstitution/default.asp.
Russell’s indices are used as benchmarks for more than $4 trillion in investments.
Those figures come despite climbing gas prices. AAA figures that a round trip between Colorado Springs and Denver will cost $19.14 this year, compared with $14.97 last year
Wednesday, June 25, 2008
The Colorado Springs-based medical laser manufacturer ranked 33rd in the Fortune Small Business 100 list published in the magazine’s July-August issue. Spectranetics ranked 62nd last year and 56th in 2006 among public companies with revenues of less than $200 million and a stock price of more than a $1 compiled by Zacks Investment Research Inc.
Spectranetics reported growth of more than 30 percent annually for the past three years in revenue, profit and total return to shareholders. The rankings are based on a composite of where the company ranks in growth of all three measures. No other Colorado Springs companies made the list. Dynamic Materials Corp. of Boulder, Health Grades Inc. of Golden, Mesa Laboratories Inc. of Lakewood and Royal Gold Inc. of Denver were ranked sixth, 35th, 62nd and 89th, respectively.
East Aurora, N.Y.-based aviation-parts manufacturer Astronics Corp., one of 24 manufacturing firms on the list, was ranked first.
Tuesday, June 24, 2008
Monday, June 23, 2008
Friday, June 20, 2008
Thursday, June 19, 2008
Wednesday, June 18, 2008
Electric Beach Tanning Salon has closed up shop, according to a sign posted on the 57443 N. Academy Blvd. site.
“Due to a legal disagreement with our landlord we are forced to move our salon to a new location,” reads the sign. “...We have all your contact information and will be mailing you our new location info.” Meanwhile, Electric Beach's phone number has been disconnected and neighboring businesses said confused tanning customers have stopped by looking for answers about the salon's disappearance.
Southwestern Commercial Properties, which owns the property, declined to comment due to company policy.
Sun Spot Atlantis, another local tanning salon, has offered to help Electric Beach's clients. Sun Spot will honor the membership of any customer who brings in current contract from Electric Beach Tanning Salon, said owner Ric Rooney. At 6,000 square feet, Sun Spot Atlantis is the largest tanning salon in the state, Rooney said, and offers the same services as Electric Beach tanning.
Sun Spot Atlantis is located at 4310 Austin Bluffs Parkway, 531-6000.
The Greater Woodland Park Chamber of Commerce agreed earlier this month to become the latest group to join the Pikes Peak Regional Business Partnership, which was formed a year ago, said Dave Csintyan, chief executive officer of the Greater Colorado Springs Chamber of Commerce.
Other members include the Springs Chamber, the Hispanic and black chambers, Experience Colorado Springs at Pikes Peak, the Tri-Lakes Chamber, the Fountain Valley Chamber, the Southern Colorado Women's Chamber and the Eastern Plains Chamber.
Tuesday, June 17, 2008
In addition to the raw numbers, Colorado's share of national tourism also grew, from 2.35 percent in 2006 to 2.5 percent in 2007.
Tourism officials say the gains can be attributed to the state legislature boosting the state's marketing budget from $5.5 million to $19 million last year, although the total number of visits to the state has been on an upward trajectory for several years.
Colorado Springs was the state's second-most popular tourist attraction, behind Denver, but ahead of Estes Park and Boulder. The Springs drew 11 percent of out-of-state visitors.
Friday, June 13, 2008
"They used proper underwriting techniques and claims' procedures," he said.
Released April 30, the audit found such deficiences as:
The 2006 Annual Review was not filed within 60 days of the permit anniversary date.
A 2006 quarterly analysis of the Worker's Compensation Reserve was insufficient, with no reconcilation between claims' payments in the administrative software and the general ledger.
The policies and procedures manual was out of date.
A lack of controls and maintenance of claimant files, with missing documentation and late filings.
Officials from the magazine's publisher, Pace Communications, were in town Tuesday night for a reception at the Fine Arts Center to kick off the project.
They said the special section, which the magazine produces quarterly, will reach more than 2 million readers on United's planes, plus it will remain on the magazine's Web site for a year.
that when you treat each and every person on the staff as a valued member of a team, who has an important role to play and is rewarded for hard work and achievements, then not only are you going to have employees who are happier but more loyal and effective,” said Laura Neumann, vice president and general manager of Cheyenne Mountain Resort. The Best Companies honors were based on a survey that examined participating employers' policies, practices and demographics and solicited comments from randomly selected employees. More information on Best Companies to Work for in Colorado: http://www.coshrm.org/. The Cheyenne Mountain Resort covers 217 acres and includes 316 rooms and suites, 40,000 square feet of meeting and event space, a golf course, five swimming pools and 18 tennis courts, among other amenities.
Thursday, June 12, 2008
Wednesday, June 11, 2008
Results of the fifth annual National Board Governance Survey for Not-for-Profit Organizations show that 54 percent of nonprofit organizations that have an annual budget of less than $20 million expect board members to contribute $1,000 or less annually, 20 percent expect a contribution of $1,001 to $2,500, 12 percent a contribution of $2,501 to $5,000, and 14 percent a contribution of $5,001 or more.
The study concludes that more organizations use a "give or get" policy for board members, in which they're asked to contribute personally and/or solicit contributions from their friends and contacts in order to remain on the board.
Tuesday, June 10, 2008
Locally, Kaiser awarded nearly $100,000 in the first grant cycle of the year to:
Urban Peak's female health program for teens
El Paso County Medical Society Prescription Assistance Solution Service
Pikes Peak Hospice
Ronald McDonald House
Pikes Peak Therapeutic Riding Center
Inside/Out's STD/HIV prevention program
Head Start's childhood obesity program
Girl Scouts' local health and wellness intiative
Colorado Springs Child Nursery Centers' health and nutrition program
Colorado Springs Fine Arts Center and the Sheriff's Department to purchase electronic defibrillators.
Several other casinos the Gazette spoke with said that if local or county government officials don't take any action against the casinos by the end of the week, they'll bring back smoking, too. Everyone but the Wildwood may be smoking by the end of the month.
It's interesting that no other Black Hawk or Central City casinos have followed the Wild Card's lead.
City officials in Cripple Creek say they don't have the resources to enforce the state's anti-smoking laws. The district attorney's office says they haven't received a complaint and won't investigate until they do. The Teller County sheriff hasn't weighed in yet. The Legislature almost certainly won't do anything until the 2009 session, and even if they agreed on a law, it probably wouldn't take effect until the middle of next year.
Monday, June 9, 2008
Agency founder Nechie Hall, Vaughan's mother, keeps the CEO title.
Vaughan had been the vice president for insight at the 38-year-old advertising and public relations company, overseeing strategic direction for clients. She's worked for Praco/Vladimir Jones since 2000.
If you're living under a business news rock, Praco, the Springs' oldest, most successful ad agency, changed its name to the more evocative Vladimir Jones on June 2.
"Colorado Opens an Official Welcome Center in Alamosa
Elected officials, community leaders, the Colorado Tourism Office (CTO) and CTO Board of Directors will celebrate the opening of the State’s newest Welcome Center in Alamosa with a ribbon cutting ceremony and open house.
WHO: The grand opening will include remarks from
· State Senator Gail Schwartz (D-Snowmass)
· Kathy Rogers, Alamosa Mayor Pro Tem
· Rob Perlman, Chairman of the Colorado Tourism Office Board of Directors
· Kim McNulty, Director of the Colorado Tourism Office
WHEN: Monday, June 9, 2008
Ribbon Cutting: 10:00 a.m.
Open House: 10:30 a.m. to 1:30 p.m.
WHERE: Colorado Welcome Center at Alamosa
601 State Avenue, downtown Alamosa
Thursday, June 5, 2008
Wednesday, June 4, 2008
The payments went to 92 percent of Pinnacol’s policyholders, based on their safety records and claims costs. The dividend is the fourth consecutive annual payment to policyholders; Pinnacol has paid $227 million in dividends since 2005.
Pinnacol paid $4.48 million in dividends to 5,372 businesses in El Paso County. The average dividend check in the county was about $830.
“Issuing a general dividend for the fourth straight year is a continuing sign of our policyholders’ commitment to maintaining safe workplaces and to Pinnacol’s financial health and stability,” said Ken Ross, Pinnacol’s president and chief executive.
Pinnacol cut rates 16.5 percent earlier this year because of lower-than-expected claims, its third consecutive annual rate reduction.
Tuesday, June 3, 2008
The company added a new cell tower site near Academy Boulevard and South Chelton Road along with seven others in Boulder, Denver, Greeley, Lakewood, Longmont, Northglenn and Thornton in response to rising demand for wireless voice, multimedia and Internet access.
The nation’s largest wireless provider, a joint venture of Verizon Communications Inc. and Vodafone Group Plc, spent $102 million last year adding cell tower sites in Colorado.
Monday, June 2, 2008
Friday, May 30, 2008
It’s now Vladimir Jones.
Who, or what, is that?
After 38 years, Praco is changing its name. And it’s changing it to Jones, Vladimir Jones.
Praco founder and CEO Nechie Hall and other agency officials could not be reached on Friday.
In a press release, which was scheduled to be delivered on Monday, June 2, Hall said “I felt strongly that it was time to make some mammoth changes, including moving on from the 38-year-old name that we chose when we founded the company.”
The press release said the name change was part of a change in corporate philosophy aimed at staying relevant and fresh.
Hall started Praco, short for Public Relations and Advertising Co., in 1970 with her husband, Jim. From a mom-and-pop operation, the company has grown to become one of the largest advertising companies in the state, with nearly 80 employees and $53.5 million in billings in 2007.
Praco’s competitors and clients, were surprised by the change. Shocked might not be too strong a word.
“I think it’s a bold move and whatever the reason is, we certainly hope the best for them,” said Bernard Sandoval, owner of Sandia, an advertising and marketing firm.
“Nechie doesn’t do anything unless she feels it’s strategically correct,” said Tom DeNardin, owner of Allegory Marketing. “I can tell you, if they’re changing it, they’re not doing it off a whim.”
Experience Colorado Springs at Pikes Peak, the convention and visitors bureau, contracts with Praco for its print advertising and will spend $600,000 with the agency this year. Lisa Amend, Experience’s public relations manager, said she had received mysterious e-mails and postcards from “Vladimir Jones” promising an announcement on June 2, but didn’t know about the connection to Praco.
“Praco has always been a name to be reckoned with in Colorado Springs,” Amend said. “Since the agency has such longevity and community respect, we will be excited to see how it will evolve under the new identity.”
The change has evidently been in the works for some time. The press release said employees were told about the change on May 16 and given a booklet dubbed “The Tao of Vladimir Jones,” which includes nuggets of wisdom such as, “Don’t do anything without understanding why.”
The Internet domain name vladimirjones.comwas registered with GoDaddy.com on March 19. On Friday, the Web site led to a placeholder page that said only, “If you have an exciting mind, the circus never leaves town.”
"I felt strongly that it was time to make some mammoth changes, including moving on from the 38-year-old name that we chose when we founded the company in our early twenties," PRACO founder Nechie Hall said in the release.
The release came with a booklet dubbed "The Tao of Vladimir Jones" filled with nuggets of wisdom such as, "Relevance is even more important than really good photography" and "If it's never been done before, there may be a reason."
Pithy, to be sure, but it should be noted that they're still answering the phones with "PRACO."
Thursday, May 29, 2008
Drive-up hours are 7:30 a.m.-6 p.m. Mondays through Fridays and 9 a.m.-1 p.m. Saturdays. Lobby hours are 9 a.m.-6 p.m. weekends and 9 a.m.-1 p.m. Saturdays.
Friday, May 23, 2008
The offer is good through June 2 and is available on a wide range of vehicles, including new compacts, crossovers, minivans and pickup trucks. The cards work at eligible gas stations, up to 87 regular octane, E85 or diesel fuel.