Atmel Corp. is in the midst of a $25 million expansion, and wants the city to reinstate its personal property tax rebate — and to do it retroactively. The details of the agreement: Atmel wants a 10-year agreement to receive rebates on its business personal property taxes and alternative rate of tax on machinery. Under […]
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Frontier Airlines is changing its flying strategy, and Colorado Springs’ business community stands to be a winner in its new plan.
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An instrumental piece of rock and roll history is going public. Fender Musical Instruments Corp., the maker of legendary guitars strummed by the likes of Buddy Holly, Jimmy Hendrix and Eric Clapton, filed papers Thursday for a $200 million initial public offering. Founded in 1946 by Leo Fender, the company created the Telecaster and Stratocaster […]
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It’s been about a year since lobbyist Elise Pickering was hired for an annual salary of $100,000 to represent the Pikes Peak region in Washington, D.C. Since then, there has been little tangible progress and few federal dollars have made their way to Colorado Springs. But no one seems to be concerned. The public/private consortium […]
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Colorado Springs defense contractor TechWise is moving its headquarters to downtown Colorado Springs.
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Mayor Steve Bach will host his first town hall meeting to discuss his vision for downtown Colorado Springs and upcoming downtown events and festivals tonight. The meeting begins at 6:30 p.m. in the Carnegie Reading Room at the Penrose Public Library at 20 N. Cascade Ave. The mayor’s chief of economic development, Steve Cox, will […]
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The United States and Mexico agreed Monday to work together when drilling for oil and gas below their maritime border in the Gulf of Mexico. Secretary of State Hillary Rodham Clinton and Mexico’s foreign minister signed the deal at a ceremony in the Mexican resort of Los Cabos as Mexican President Felipe Calderon and U.S. […]
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Cities are likely to soon be swooning over data centers, and Colorado Springs could be a lucky suitor.
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Lawmakers will hear testimony on a bill to prohibit employers from using consumer credit information against potential employees unless they’re applying for a job that involves financial decisions. Democrats sponsoring the proposal say the use of credit information creates barriers for people who have recently lost their jobs and are looking for employment. The bill […]
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Steve Cox, the city’s new economic vitality manager, has a long to-do list. He isn’t daunted by the size of the task or by his lack of business experience. A public servant of sorts for most of his career, Cox has served as fire department chief, interim city manager and deputy city manager. The economic […]
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The newly merged Colorado Springs Chamber of Commerce and Economic Development Corps should make K-12 public education a top priority, the chamber’s top official said. Dave Csintyan, president and CEO of the Greater Colorado Springs Chamber of Commerce, said the business community needs to partner with public schools to ensure a well-trained future work force. […]
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It was a good year for U.S. manufacturing, at least compared to 2010. The most current U.S. manufacturing technology orders put the year-to-date total at $463.32 million, which is up 80.5 percent compared with 2010 and the second highest dollar amount in the last 15 years. It’s a good sign for all of manufacturing, said […]
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