Dako to Lay Off 30 in Fort Collins

NEWS

Arts venues see drop in attendance New marketing methods devised to fill seats for upcoming performances Page 2

Real Estate & Development $ 1 Water Valley Aug. 3-16, 2007 Senior Resort Vol. 12, No. 23 nears completion www.ncbr.com Page 15

Tolmar Inc. sees growth in first year Drug maker shows profit after first few months of operation Page 3 Dako to lay off 30 in Fort Collins NitaCrisp crackers going national Cracker maker needs more space to meet is facing some restructuring that Coughenour referred all questions dream come true.” the growing demand End of Eridan will have a direct impact on its Fort regarding the Eridan line and the Thommesen said that some of the Page 3 Collins site. cut positions to the company’s employees affected by the project’s eliminates need Dako is eliminating 30 positions headquarters. discontinuation will be offered sever- in Fort Collins, a company spokes- “Closing down the Eridan pro- ance packages. Others will be offered for employees woman confirmed. The employees ject has been a really tough decision a “retention plan” that will last any- were working on the Eridan prod- to make,” said Denmark-based where from one to six months. By Kristen Tatti uct line, which is being discontin- Dako spokeswoman Anne “I want to express my sincere [email protected] ued. Eridan was a slide-staining sys- Thommesen in an e-mail to the thanks to the team for their great tem used in advanced cancer diag- Business Report. “For seven years work and contribution to Dako’s FORT COLLINS — Just two nostic applications. this system was a top priority for future pathology solutions,” said months after being purchased by a Fort Collins site manager and Dako and we invested a lot of good Dako CEO Patrik Dahlén, in a pre- Otter Products LLC private equity company, Dako A/S Dako Vice President Cindy work and resources to make the See DAKO, 27 cruising safely New protective cases, sleeker case designs, and a new home Weld ecodevo Page 3 Uranium-boom Biofuel founder moves to fix launches new firm Jim Sears left Solix train pulls in January, co-founds financial woes A2BE Carbon Capture Page 5 into NoCo Upstate Colorado THE EDGE could see funding cut from Greeley

By Tom Hacker [email protected]

Handling body art GREELEY — Weld County’s MONITOR WELL — A crew from Powertech Corp. drills a main economic development in the workplace water-monitoring well on land in western Weld County, agency seeks to enlist “high-energy, The permanent effects of where the company wants to mine uranium. A series of wells will be used to monitor the quality of underground young professionals” to shore up the tattoos, piercings on group’s finances by recruiting and professional image water once Powertech’s in-situ mining process begins, to help prevent contamination from the water coming in retaining private investors in the Page 9 contact with the uranium mining sites. face of dwindling public support. The campaign to re-energize LISTS Upstate Colorado Economic Devel- Steve Porter, Northern Colorado Business Report Region’s largest opment is explained in a mid-July letter that the group’s president, Distributors Job No. 1 is drilling wells to Lilias Jarding of the local group Larry Burkhardt, sent to private Page 16 Powertech says monitor the process. Citizens Against Resource Destruc- investors and local governments At stake are huge potential prof- tion, or CARD.“We just don’t think that provide financial support to Industrial buildings environmental its for mining company Powertech it’s a good fit in our area.” Upstate. Page 17 Uranium Corp., and substantial But Richard Blubaugh, Pow- While the letter documents a list fears unfounded economic benefits for the Northern ertech’s vice president for health, of recent upstate success stories, Office buildings Colorado region. safety and environmental notably the arrival of Denmark- Page 18 By Steve Porter Also at stake, according to those resources, said the proposed in-situ based Vestas Wind Systems A/S [email protected] opposed to the project, is the future water injection recovery process with 460 jobs at a turbine-blade quality of the region’s groundwater has a long track record of safety. factory in Windsor, it also warns of NUNN — Just a few miles west and environment. “It’s very safe,” he said. “There’s trouble ahead for the agency, not- of this tiny Weld County town, “There are a whole host of neg- a good, long history of the safety of ing “in the midst of this good news, crews are taking the first step that ative impacts that historically come (in-situ) operation for over 30 the fact is that Upstate’s operating could ultimately lead to the first from uranium mining, including years now. It’s a method people budget is not what it should be.” major uranium extraction opera- water pollution, air pollution and generally don’t understand, and The nonprofit group spent tion in the region. environmental degradation,” said See POWERTECH, 28 See UPSTATE, 29 2 The Northern Colorado Business Report Aug. 3-16, 2007 Arts venues get creative to put patrons in the seats

though our numbers were still enviable, we Sagging ticket sales needed to make some adjustments,” she inspire marketing said. T ickets a la carte for big performances This year, Herlihy said, the Lincoln Cen- ter has introduced an a la carte menu of By Steve Porter tickets called “Pick Five or More,” which [email protected] allows patrons to choose five or more shows from the Center’s various entertainment FORT COLLINS — Local performing series. Those include Showstoppers, Imagi- arts venues are devising new strategies to fill nation Series, Anything Goes Series, Dance seats in an era with more entertainment Series, Classical Series, Adventure Cinema options, less leisure time and a desire for Series and Special Events shows. more flexibility compete for their patrons’ “They can look over the entire brochure time and money. and pick what they want to see,” she said. That’s particularly true when it comes to “It’s a way to create your own series.” getting people to purchase multi-show sea- Herlihy said traditional season ticket son tickets, said Susan Herlihy, public rela- buyers will continue to enjoy a 20 percent tions coordinator for the Lincoln Center in discount on their tickets because of their Fort Collins. season commitment and have the same “Our experience over the last five to seats for all shows. Pick Five or More ticket seven years is we have experienced about a buyers will get a 10 percent discount but 15 percent decline in our Showstopper won’t get the same seats for each perfor- Series,” Herlihy said, referring to the Lin- mance because of the logistics of opening coln Center’s slate of seven shows that run up all the series. from October through April. She said she expects more people will Courtesy Lincoln Center Herlihy said season tickets account for appreciate the flexibility of choosing the about 60 percent of sales for the perfor- shows they’re most interested in even Showstoppers — The Ten Tenors returned to the Lincoln Center for six wildly popular shows last November, but mances, a ratio that’s about double the though they don’t get the same savings. other recent shows haven't sold nearly as many seats. national average and one that “people all “I think people’s purchasing patterns are around the country are just drooling changing,” she said. “They’re willing to pay ences. Flexibility is key over.” a little more to see the events they want to “Our e-mail program has been very suc- Andrew Segal, marketing coordinator But season ticket holders once accounted see.” cessful this year,” she said. “It goes out to for Union Colony Civic Center in Greeley, for 75 percent of the series’ audiences, and Herlihy said the Lincoln Center is also traditional season ticket holders but we’ll said UCCC has been using a la carte-style Herlihy said action was needed to reverse increasingly using e-mail to alert sub- also blast out an e-mail to people who season ticket sales for many years but went the decline. “We began to realize that we scribers when a show is coming that they signed up for information about upcoming See ARTS, 24 would not be increasing forever and even might be interested in based on their prefer- shows.”

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www.chrislandinc.com Nicholas M Christensen, J.D. Ryan J. Schaefer 970-663-3150 x 3 970-663-3150 x 4 Aug. 3-16, 2007 The Northern Colorado Business Report 3

THE Tolmar’s first year marked with growth

tical company Technofarma initiated the pur- Drug maker shows chase of a bulk of QLT USA Inc., then a sub- Tolmar Inc. EYE sidiary of Vancouver-based QLT Inc. For $21 healthy profit after million, Technofarma received the generic der- Founded: 2006 matology and dental products as well as the Management: Mike Duncan, CEO months of operation manufacturing business in a 65,000-square- Headquarters: Fort Collins foot building on Centre Avenue. The enter- Product/Service: Develops and manufactures generic Hey, Nessie, By Kristen Tatti prises employed 140 of QLT USA’s 165 dental and dermatological drugs and provides con- [email protected] employees, most of whom worked in the man- tract manufacturing services. ufacturing facility. Emplo yees: 145 Loveland’s FORT COLLINS — Since splitting from Out of the sale was born Tolmar, Technofar- Web: www.tolmar.com QLT USA Inc. last year, pharmaceutical compa- ma’s largest venture in the United States. The ny Tolmar Inc. has been on a growth spurt. company was founded in 1974 in Paraguay by a SOURCE: BUSINESS REPORT RESEARCH pond monster The company is in hiring mode, with 35 doctor who wanted to bring cancer treatments positions currently open. It is also developing to Latin America. Since then, the company has CEO Mike Duncan said he expected the com- still at large long-term plans to begin proprietary drug grown to 4,000 employees with five manufac- pany to grow by about 50 employees during the development, building its first-ever sales team turing plants and commercially branded gener- next two years. However, he now expects to and preparing for an addition to its Centre ics and licensed products in more than 17 coun- reach between 175 and 185 by the end of this The Eye hasn’t spotted Avenue site. tries in South and Central America. year and 200 employees by next July. it, but the creature alleged In December, Argentina-based pharmaceu- When the QLT acquisition closed, Tolmar See TOLMAR, 31 to inhabit Loveland’s Jay- hawker Pond has become a media darling, as well a F OCUS source of a little fun for NitaCrisp one of the pond’s closest business neighbors. In honor of the elusive “Pond Monster,” which may or may not be a pet gets cracking caiman returned to the wild, A gilent Technolo- gies’ Loveland site held Caiman Day on July 20. nationally “The idea to celebrate the caiman came from one of our employees,” said Agilent spokeswoman Local cracker maker Jean Mooney. The theme required needs space to some adjustments to the company’s cafeteria meet growing demand lunch. The menu du jour included alligator burgers By Kay Rios — which Mooney said [email protected] “taste like turkey, because they are turkey” — bio- FORT COLLINS — NitaCrisp is on a flat- snake dogs, Cajun bour- out — or is that flatbread? — roll. bon chicken, Creole rata- Kristen Tatti, Northern Colorado Business Report National orders for the popular handmade touille and dirty rice. flattened breadcracker have tripled the Fort Caiman Day happened THE OTHER OTTER — Otter Products CEO Curt Richardson displays a prototype of the newest OtterBox, left. The company Collins company’s production, according to to coincide with Agilent’s plans to release cases for new devices in the new slimmed-down design as well as the traditional rugged model on the Paul Pellegrino, co-owner of All Occasions annual school supply right. Catering and inventor of the all-natural snack. drive. Employees who The crackers are used in cheese tasting donated supplies that day rooms around the country including Tillam- got a coveted photo-op ook Cheese in Oregon and Grafton Cheese in with an inflatable alliga- Otter Products on a roll Vermont, and are offered in specialty stores tor, er, Monster. from San Diego to Florida. Mooney said that part “To keep up with orders coming in from of her hopes that the across the country, we needed a distributor to caiman isn’t caught right be able to get the product out,” he explained. away. She also thought with new, sleeker cases “So in June, the company hired a national dis- there should be a “Name tributor: DPI of Denver.” the Caiman” contest to Pellegrino also has business partners. In give Loveland’s currently gear. Tough job, right? June 2006, NitaCrisp became a trademark com- most-famous resident a Slimmer versions Actually, it is tough. Otter Products CEO pany — Nita Foods Inc. — with three principal snappier moniker. Curt Richardson explained that many device owners: Steve Landry of Boulder, Mike Silvio of The Eye is open for protect iPhones, manufacturers give the company a head start Orange County, Calif., and Pellegrino. suggestions. on the latest designs. “With the increase in business and more BlackBerrys, HP devices “They want this case ready when they licensing and insurance needed, the natural release (their devices),” said Richardson of path of business finance was to separate it By Kristen Tatti companies like Hewlett Packard Co., BlackBer- from All Occasions and recognize its own INSIDE [email protected] ry maker Research in Motion Ltd. and Palm costs and profits,” according to Pellegrino. Agribusiness ...... 6 Inc. He explained that the OtterBox cases open The cracker is currently produced at All Briefcase ...... 13 FORT COLLINS — Alan Morine was in up new markets for high tech electronic Occasion’s 3,000-square-foot site on Link Calendar ...... 10 line with everyone else on the morning of June devices that have typically been seen as too Lane in Fort Collins and, although an electric Classifieds ...... 33 29, waiting to purchase his Apple iPhone. He fragile for some applications. Industries such roller now presses out the flat sheets of dough, Comment ary ...... 34 had to have it. as construction, lawn care and oil and gas have every other step in the process is still done by Daily Review ...... 14 No, really. It’s his job. been hesitant to deploy them without a protec- hand. Le ads ...... 36 Morine is a designer for Fort Collins-based tive covering such as the OtterBox. Nita Foods is already looking for a larger Economic Indicators . . . .39 Otter Products LLC, the company behind the But Apple divulged very little information facility to accommodate the growth and On The Job ...... 11 OtterBox — a rugged case for personal elec- prior to the iPhone launch. Richardson said future expansion.“We’re keeping up so far, but Real Estate ...... 15 tronics devices. Morine is often charged with they received some very non-specific dimen- we’ll need more work force and more ware- Technology ...... 7 designing the cases for Apple’s newest prod- sions for the device before its release date. house space,” Pellegrino added. ucts, which means he has to get all of the latest See OTTERBOX, 26 See NITA, 32 4 The Northern Colorado Business Report Aug. 3-16, 2007 Front Range Economic Update to launch Bixpo

Free morning panels, Space networking, speakers filling fill two-day event fast By Kate Hawthorne Exhibit spaces still available start with 10- kha [email protected] foot square spaces; just a few larger booths remain unspoken for. To purchase exhibitor L OVELAND — If it’s August, that space or to become a Bixpo sponsor, con- means Bixpo, Northern Colorado’s premier tact Jim Rath, NCBR Marketing Director at business expo and networking event, is just (970) 221-5400, ext. 202. For more informa- over a month away. Bixpo 2007 is set for tion, go to www.bixpo.com Sept. 19-20 at the First National Bank Exhi- bition Hall at The Ranch in Loveland. This year, in addition to more than 200 exhibit booths from businesses throughout Colorado and Wyoming, Bixpo will also Misses and Prospects, moderated by feature a free half-day look at the state of Upstate Colorado Economic Development the region’s economy. director Larry Burkhardt and including The Northern Colorado Business Report, panelists from economic development along with the Boulder County Business agencies in Northern Colorado and south- Report and Wyoming Business Report,is east Wyoming; and Beyond County Lines, hosting the two-day event. Thousands of which will bring together major players in business people are expected to attend the the drive toward regionalism in Larimer third annual Bixpo to network with and and Weld counties. learn from their peers, as well as from local The morning of Sept. 20 is devoted to and nationally acclaimed business experts. the acclaimed Bixpo Speakers’ Series. The first morning of Bixpo features the Speakers for this year’s event include B. Front Range Economic Update, three pan- Joseph Pine II, co-author of “The Experi- els of local experts sharing insights on how ence Economy: Work is Theatre and Every the region is faring financially, presented Business Is a Stage;” Mark Hoog, author of completely free of charge. the “Growing Field” series of books on con- “No topic generates as many questions scious leadership; and Susan Graham, per- on the part of the business community as sonal business coach from Keep It Simple the state of our economy,” said Business Coaching, who will explain why “Every- Report co-publisher Christopher Wood. thing is Negotiable.” “This forum will provide an overview on Cost of the half-day speaker series is $49. where the economy is heading, not only for Online registration is now open at Northern Colorado but also the entire www.bixpo.com. region.” Event sponsors include Bank of Choice, Topics include Our Economic Future, Banner Health, EKS&H, Water Valley, moderated by Hunt Lambert of the Col- Kennedy and Coe, Hewlett-Packard Co., orado State University Office of Economic CBS 5 and KUNC 91.5 FM. Development and featuring some of the For more information on Bixpo 2007, region’s most prominent economists; Hits, visit www.ncbr.com.

CORRECTIONS Darrell McAllister is CEO and chairman of the board for Bank of Choice Holding Co., which is headquartered in Greeley, not Evans as it was stated in the July 20-Aug.2 issue.

The Business Report will correct any errors that appear in its pages. To suggest a correc- tion or clarification, please contact editor Tom Hacker at (970) 221-5400, ext. 223, or e- mail him at [email protected].

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The Northern Colorado Business Report (ISSN 1094-8198) is published biweekly, with an extra issue in December, by The Northern Colorado Business Report Inc., a Colorado corporation, 141 S. College Ave., Fort Collins, CO 80524. Periodical postage paid at Longmont. Subscriptions are $49.97. International subscriptions are $175.00.

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Aug. 3-16, 2007 The Northern Colorado Business Report 5 Biofuels firm founder starts company with bigger goals

New A2BE Carbon Capture expands How it works Generating oil for fuel from lowly algae is a algae-to-oil system tricky business, but the process sounds deceptively simple. By Steve Porter [email protected] I Special rapidly reproducing algae are grown in a solution within clear plastic bags BOULDER — Jim in a long bioreactor. Sears isn’t the kind of I The algae use sunlight, water and carbon guy to sit around and let dioxide from a power plant, commercial the quest for a new kind business or other source to reproduce of fuel go on without through photosynthesis. him. I Algae cells are harvested from the fluid Sears, who founded with a centrifuge to extract lipid oil, which and helped launch Solix can then be refined into anything from an ethanol mixture to jet fuel. Biofuels last year, left SEARS that company in January to start another with the same aim: to develop a process that SOURCE: SOLIX BIOFUELS INC. would extract oil from Courtesy Solix Biofuels Inc. algae on a commercially FUELING STARTUPS — Abo ve is an artist’s rendering of a Solix Biofuels algae farm. Jim Sears, a founder of Solix, Report sparked interest viable basis. left the firm and has since helped form A2BE Carbon Capture LLC, a carbon capture and reuse company. Sears says his separa- Sears’ interest in algae as a source for tion from Solix was a years of experience in environmental and main culprit in the process of global warm- biofuel began in 2004 when he was doing mutual decision and he infrastructure engineering, to form A2BE ing — in a world that’s moving toward some research on the Internet and discov- is not bitter about it. Carbon Capture LLC. The company, reducing its CO2 emissions. ered a federal government document called “I’ve been an entrepre- while pursuing the development of oil Allen said that, while the race is on the Aquatic Species Report, published in neur in Boulder for ALLEN from specific varieties of algae, has larger worldwide to produce biofuel from algae, 1997. The report on the recently shut down about 18 years and it’s goals than large-scale algae-to-oil pro- “the larger race is to commercialize this in a Aquatic Species Program begun under the how the world works,” he said. “It’s what duction. way that industry can address capturing Carter administration said oil from algae you do with those opportunities that’s Allen, who serves as company CEO while their carbon emissions while providing a had promise but too many obstacles to important.” Sears fills the role of chief technology offi- substitute for fossil fuel. make it economically feasible. Sears linked up with partner Mark cer, said A2BE is looking more toward the “We are positioning ourselves for that “I thought, ‘If it’s this good, why aren’t Allen, a licensed civil engineer with 25 capture and reuse of carbon dioxide — the bigger race,” he said. See A2BE, 30

6 The Northern Colorado Business Report Aug. 3-16, 2007 Colorado wine producers commanding more respect

LOVELAND — Pat McGibney is one of to The Winery at Holy Cross Abbey in hybrids are being grown now that can came in and left with the pioneers in Colorado’s nascent Front Cañon City. stand temperatures down to 33 degrees eight cases,” he said. Range-based wine industry. And while Colorado’s wine industry is below zero. “That’s pretty high McGibney and his wife, Geri, are Love- considered to be centered on the Western In McGibney’s view, Colorado is a great praise.” land area residents who have devoted Slope, these wine-makers are challenging place to grow and sell wine but the state But more must be themselves to growing wine grapes and the conventional wisdom that fine wine must focus more on the selling. done to attract the establishing the Valley of the Wind Winery grapes can only be grown on the warmer “People have to put more emphasis on interest of local resi- near Loveland. They also operate a popular west side of the Continental Divide. the retail side of it,” he says. “California dents to Front Range tasting room next to the babbling Big “We can grow grapes over here, really has it nailed — it’s just marketing, wineries and tasting Thompson River in downtown Estes Park. although we probably have to grow marketing, marketing. We have to take it to rooms, he said. The McGibneys, who started growing hybrids,” McGibney said. the next level.” “Over 50 percent AGRIBUSINESS wine grapes six years ago, are among about That’s because the winters get a lot McGibney said Colorado’s wines have of our repeat cus- Steve Porter a dozen or so who have built wineries colder along the Front Range, and that can matured and reached award-winning tomers are from the along the Front Range in the last decade or kill off grapevines during “the cold snaps,” heights over the last three decades or so. Front Range,” he said. so, from Snowy Peaks Winery in Estes Park as he calls them. But McGibney said “Last weekend a couple from California “We really need to start marketing to our people here.” McGibney, who sells mostly wines from Western Slope vineyards, says Front Range wineries and West Slope growers have a good partnership going. “I always say they’ve got the grapes and we’ve got the people.” $42M to state economy “The days of Last year, Colorado State University’s Cooperative Extension studied the impact of the wine industry on the state’s econo- square-foot my and found that it contributed about $42 million in 2005. That included about $21 million in guesstimates tourism dollars spent at wine-tasting rooms and wine festivals held around the state, including Colorado’s biggest, the are over.” Colorado Mountain Winefest in Palisade. The annual festival, which draws about 5,000 or more, is in its 16th year and will Heath’s estimating team brings be held on Sept. 13-16. more than 130 years of construction Doug Caskey, executive director of the experience to our rigorous TrueCost™ Colorado Wine Industry Development estimating process. We can help you Board, said the state’s wine industry is “absolutely” on the upswing 17 years after make better pre-construction the state legislature decided to fund its decisions, build more intelligently, development through a tax on wine sold in and finish on time. Colorado. The tax raised about $560,000 last year Learn more. Call 970-221-4195 today. and goes to fund wine research and marketing, he said. “It was really a forward-looking action by the legislature to create it,” Caskey said. “It’s significant that one-third of that has been going to research all that time, which has really helped our growers.” In 1990, when the wine tax was passed, Colorado had only five wineries. That’s increased to about 65 now, Caskey said. “There’s new ones popping up all the time, and by no means are they all on the West- ern Slope.” McGibney said the state’s wine industry is moving ahead quickly, with wine pro- All you imagine. duction and sales doubling over the last five years. “It’s still new but we’ve come a long way — you should see all the awards we win,” he said. “For the amount of wine we produce, we win more awards than any other state.” And while wine is produced in every state with three — New York, Washington and especially California — dominating Chris Claflin the market, Colorado (now ranked 22nd) Chief Estimator & Employee Owner is showing great potential to become a respected wine-growing region. “California probably loses more wine to Construction Experience: Where is Construction Why Heath? evaporation every day than we make in a My degree is in structural engineering, Headed? At Heath, construction is all about year, but we’re definitely on the map,” but my passion has always been building. The industry is responding to the volatility people. By providing opportunities to Causkey said. “It’s a tough business and I’ve managed projects from Colorado to in material costs during the last 24 learn more and launch a great career virtually everybody in it still has their day California, from schools and city parks months – and the high risk of relying on at Heath, we’ve built an awesome team. job, but they’re in it because they love it to community hospitals. square-foot guesstimates. The leaders are And we’re applying all of that talent and and when you look at our awards list, it’s using powerful cost-modeling and experience to every project we tackle. very impressive.” Why Construction? constructability analysis to enable owners Every project is a lasting contribution to make smart business decisions Steve Porter covers agribusiness for the to our community! throughout the duration of their project. Northern Colorado Business Report.He can be reached at (970) 221-5400, ext. 225, or by e-mail at [email protected].

Aug. 3-16, 2007 The Northern Colorado Business Report 7 HP partly unveils secret ‘PLAN’ for expansion

“Loads of responsibility and the pres- lion of that came from the divesture of the Company says ‘help sure that comes with it. No matrices. No semiconductor products business. historical overhead. The highest levels of “Hewlett Packard is More recently, LSI Logic Corp. reported wanted’ in postings, management have sponsored the business, its first half results. The company, which but it will be our job to make the vision building a new business announced it would cut 900 jobs world- but for exactly what? become reality. The exact business . . . well, wide, recorded $1.1 billion in revenue. it’s a secret . . . though it is both Internet- from the ground up.” However, the company is taking a loss of Hewlett Packard Co. has been in the centric and focused primarily on SOHOs $348 million. Not so hot compared to last business of buying startups, not launching and SMBs with a secondary focus on Hewlett Packard Co. year’s six-month income of $67 million. them. enterprise customers.” That loss is due, in part, to the acquisition But that’s about to For those not quite up on the lingo, a Web site and integration of Agere Systems Inc. — a change with a com- SOHO is a small office-home office and a stock-only deal worth about $4 billion. pany initiative with SMB is small-medium business, which is Intel Corp. also recently reported a rev- the codename bigger than a SOHO but usually defined as the smaller players in the industry. enue increase for its fiscal first half — up 3 HPLAN. HP is less than 500 employees. HP’s first half, ended April 30, revealed percent to $17.5 billion. The chip company advertising positions The new business will be located in Palo revenue of $50.6 billion — compared to also reported a 30 percent increase in its for what it calls an Alto, Calif., and — who knows — maybe $45.2 billion during the same period last net income at $2.9 billion. The income Internet startup it’s already up and running. year. increase was helped along by declining business. HP’s experiment in startup isn’t likely The 12 percent year-over-year earnings operating costs, including a $305 million “Hewlett Packard to slake the industry giant’s thirst for increase was not mirrored by income, decrease in R&D expenses and a $676 mil- is building a new TECHNOLOGY acquisition, though. In the first half of the though. The company reported net income lion decrease in marketing, administration business from the company’s fiscal year, which starts Nov. 1, of $3.3 million for the fiscal first half — up and general expenses. ground up,” touts the Kristen Tatti the company completed six acquisitions. only 6 percent from the previous year’s Intel rival Advanced Micro Devices Inc. help wanted classi- The largest acquisition, that of software $3.1 million. A peep at the company’s costs reported a similar revenue increase — up fied. company Mercury Interactive Corp., cost reveal increased costs in every category 2.5 percent to $2.6 billion. However, the “We’re hiring every function from $4.9 billion in cash and stock. Combined, except research and development — an company had a loss of $1.2 billion for its scratch,” it continues. “We’ll run as a dis- the other acquisitions were worth about area in which the company actually spent first six months. tinct business and as a result benefit from $547 million. $21 million less this year compared to last. The loss — about $600 million in each the scope and resources of Hewlett However, that is a drop in the bucket when quarter — is likely the result of AMD’s Packard while having the nimbleness and First half earnings out your first half R&D expenses total $1.78 continuing battle for market share with entrepreneurial spirit of a small startup.” Speaking of the first six months, most billion. Intel. AMD increased its research and And that’s about all that is known of of Northern Colorado’s large technology Agilent, formerly a part of HP, reports development expenditures by 67 percent, HP’s startup plan. Spokesman Ed Wood- employers have come out with their first on the same nonconforming fiscal year. compared to the first half of last year. ward said the company is unable to pro- half earnings by now. Even for those of us For its first half, the company reported rev- vide additional information on the open who aren’t shareholders, the earnings enue of $2.6 billion — up 8 percent from Kristen Tatti covers technology for the positions or the new business at this time. reports can be a valuable tool. What for- the same period last year. Net income, Northern Colorado Business Report.She The job announcements provide a few tunes befall the largest technology compa- however, was down to $273 million from can be reached at (970) 221-5400, ext. 219 more clues: nies usually have a trickle-down effect on $2.9 billion the previous year. But $1.8 bil- or [email protected]. 8 The Northern Colorado Business Report Aug. 3-16, 2007 Nominate entrepreneurs to be part of 10th Bravo!

Deadline Aug. 10 for annual awards that honor region’s best

By NCBR staff 2007 ne [email protected]

When the Northern Colorado Business Report presented the first Bravo! Entrepre- neur awards to some of the region’s best innovators in 1998, some of the honorees Startup seminars return included Darrell McAllister, then CEO of Bravo! has changed and evolved over the 1st Choice Bank; Kent and Gloria Sampson, past decade, and this year marks the return founders of Value Plastics Inc. in Fort of a special educational seminar for bud- Collins, and that little old high-tech venture ding entrepreneurs. Startup Journey 2007 Hewlett-Packard Co. — formerly known as the Startup Summit Bravo! has since grown to one of the — will precede the awards banquet at The most-anticipated business events of the Ranch, and provide Northern Colorado year, celebrated with a gala gathering in one entrepreneurs with an opportunity to learn of Northern Colorado’s major cities. The from and network with successful business black-tie optional reception and dinner this owners and experts. year is set for Nov. 7 at the First National The half-day event includes three hour- Bank Exhibition Hall at The Ranch, 5280 long panels, beginning at 1 p.m., focused Arena Circle in Loveland. on many common issues encountered with Nominations for Bravo! awards are due a startup. A resource fair with displays by Aug. 10, and can be made online at entrepreneurs and service providers opens www.ncbr.com in the Events section. Nom- at noon to help entrepreneurs connect with inees should meet the criteria for each local resources. award outlined on the Web site and can be The $49 registration fee for Startup from any industry in Northern Colorado. Journey includes admission to the Bravo! Additional information is also available reception immediately following. A special from NCBR at (970) 221-5400. $99 package buys a seat for the Bravo! din- A Bravo! award is presented to an entre- ner and awards ceremony as well. Contact preneur in each of Fort Collins, Greeley, Jim Rath, NCBR Marketing and Events Loveland and the outlying Larimer and Director, at [email protected] for more Weld county communities. Additionally, a details. Lifetime Achievement Award, Emerging Startup Journey is presented in coopera- Entrepreneur Award and a Regional Spirit tion with the Colorado State University Award are presented. Office of Economic Development. Spon- The Bravo! Entrepreneur Awards are sors for the Bravo! event include Bank of presented by the Business Report in partner- Choice; EKS&H; United Western Bank; ship with chambers of commerce and eco- McWhinney; and Palmer Flowers. Event nomic-development agencies from partners include Fort Collins Area Cham- throughout the region. ber of Commerce, Greeley Chamber of Online registration for the Bravo! Commerce, Loveland Chamber of Com- awards banquet is now available. Tickets are merce, Northern Colorado Economic $75 each or $550 for a corporate table of Development Corp. and Upstate Colorado eight. Economic Development.

TIME OUT

Snapshots of life outside THE EDGE the office Page 12

ETC. Body art goes undercover at work Calendar

19th New West Fest, Downtown Fort Collins Visible tattoos can Tat’s all, folks Aug. 17 - 19 hinder job chances, Is it art, or an obstacle to employment? Page 10 According to the 2007 Tattoo and Body Piercing survey, released July 26 by career publisher Vault.com, 85 percent professional image of online respondents believe permanent body art impedes one's chances of finding a job. This was way up from just 19 percent of employee respondents who felt that way in 2001, the last time the survey By Jessica Centers was done. On The Job While 42 percent of this year's 468 respondents said they have at least one tattoo and/or piercing somewhere [email protected] other than their ears - the most popular place for a tattoo is still the arm - only 16 percent of employers have an Flood & Peterson official company policy on tattoos and piercings, double the number in 2001. inducts Sean Gingerich Despite what you’ve heard about the elusive Nevertheless, more than half of those with body art keep it covered on the job. into its Century Club “creative class” being key to economic development, there’s still only so much creativity Page 11 employers want to see — on their employees’ bodies. Visible tattoos, as well as piercings in the Briefcase nose, brow, tongue and those giant spacers in ears, can be the bane of human resources profes- Camp Bow Wow sionals, as well as anyone trying to break into an opens in Greeley at office environment. 3500 W. 29th St. “I still think there’s a very huge stigma out there about tattoos,”said Stacy Stolen, Fort Collins Page 13 branch manager for the human resources firm Adecco. “Personally, I don’t like all the tattoos, but we get a lot of them coming through here. Daily in Review “People need to be cautious about where they get tattoos,” she added. “It is going to harm them Greeley council votes at some level if they want to go into a professional against proposed RTA environment. So many people are good, hard in July 24 work session workers, with a slew of tattoos. I think it does hin- Kate Hawthorne, Northern Colorado Business Report See TATTOO, 23 Page14

LISTS To win the price game, change the rules Region’s largest “efficiencies” and on maintaining the highest possible levels of Distributors Creative thinking can cure pain, quality and service — although the concepts of “quality” and Page 16 “service” are now virtually meaningless. Short-term, price-based stop financial drain, provide gain promotions start to look pretty good. After all, everybody else is talking price. So, let’s talk price! Industrial Nothing is more frustrating than being trapped in a business As margins shrink, managers put their heads down. When buildings where selling has come down to a battle of price. It’s like trench orders are lost, management blames sales. Sales blames produc- Page 17 warfare. Every day is another 24-hour grind over pennies — tion. Production blames marketing. Everyone blames purchas- and unless you’re in a big commodity business, they don’t add ing for not buying raw materials shrewdly enough to preserve a up to huge dollars. reasonable margin. Office buildings PANORAMIC Company owners and managers stuck in this predicament Although it’s easy to complain that the main problem is that Page 18 MARKETING usually slip into a predictable spiral: As the work gets harder, customers are “price-sensitive,” that’s a lot of nonsense. The Don Condit the gains get smaller. Under pressure, managers gradually more you tell yourself that, the more it becomes a license to do switch from offense to defense. Strategic thinking and new- nothing except cut your prices even more. product development stop. But the situation is not hopeless. All you have to do is listen. Resources are focused instead on finding more cost-saving See MARKETING, 25

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Aug. 3 - 4 — 365 Days/365 Plays at Bas Bleu, starting at ond St. in Greeley. System, 1455 Main St. in Windsor. Contact: Windsor e-mails. McDonald writes a newspaper column on 6 p.m., Bas Bleu Theatre Co., 401 Pine St. in Fort Aug. 8 — Business Planning for Success, from 8:30 a.m. Chamber of Commerce at (970) 686-7189 or informa- communications. A half hour of networking will pre- Collins. Bas Bleu will be turning its lobby into a to noon, Loveland Chamber of Commerce, 5400 [email protected]. cede the presentation. Cost: Free, please RSVP. Con- gallery of live performance by producing seven Stone Creek Circle in Loveland. Participants will Aug. 14 — eWomenNetwork “Accelerated Networking,” tact: FCTI at [email protected]. plays by playwright Suzan-Lori Parks. The plays will learn the basics of developing a comprehensive from 11 a.m. to 1:30 p.m., Greeley Country Club, 4500 Aug. 21 — BNI Colorado Regular Lunch Meeting, starting be presented simultaneously as a pre-show event to business plan for their business start-up, expansion W. 10th St. Cost: $35/members, $45/non-members. at 11 a.m., The Egg & I, 2305 W. 27th St. in Greeley. The The Illusion on the third and fourth. Cost: Free. or financing. They will also receive information Contact: Kristi Helzer at (970) 506-1882 or kristihelz- group meets every Tuesday at 11 a.m. Another group Aug. 6 - 10 — Pack2School, from 9 a.m. to 6 p.m., ELT- about how to access small business assistance from [email protected]. regularly meets Thursdays at 8:00 a.m. for breakfast Center, 401 Linden St. in Old Town in Fort Collins. The the SBDC and other state and local resources. Cost: Aug. 14 — BNI Colorado Regular Lunch Meeting, starting at the same location. Education & Life Training Center will be holding its $40 if pre-paid, $45 the day of the event. Contact: at 11 a.m., The Egg & I, 2305 W. 27th St. in Greeley. The Aug. 22 - 4 — 2007 Medical Device Development Sym- annual school supply community service project f LCBD at (970) 667-4106. group meets every Tuesday at 11 a.m. Another group posium, from 9:15 a.m. to 1 p.m. The symposium, co- called Pack2School, and during this event, back- Aug. 9 - 11 — Leadership Summit 2007, Rocky Mountain regularly meets Thursdays at 8:00 a.m. for breakfast hosted by the University of Colorado and the Col- packs containing grade-appropriate supplies will be Christian Church, 9447 Niwot Road in Niwot. Leader- at the same location. orado BioScience Association, will feature local distributed to low-income children, grades K-9 of ship experts at the summit will include Jimmy Aug. 15 — Fort Collins Area Chamber of Commerce expert panelists and a poster session highlighting Larimer County. The fee is $5 per backpack. Partici- Carter, Colin Powell and former Hewlett-Packard CEO Business After Hours, from 5:30 to 7:30 p.m., Col- medical device technologies from all major Col- pants must bring proof of income. Cost: $5. Contact: Carly Fiorina. The Summit is broadcast via satellite. orado State University, in Fort Collins. Cost: orado research institutions. Visit www.cu.edu/tech- Tracy Mead at (970) 482-4357 or [email protected]. Visit www.rmcc.org for more information. $12.50/members; $20 at the door. Contact: Erin transfer/ for more information. Cost: Free/CBSA Aug. 6 — NoCoNet presents Speed networking, from 8 to Aug. 11 — Hoedown for Heroes, from 4:30 to 10 p.m., Collins at (970) 482-3746 or [email protected]. members; $50/non-members. 10:30 a.m., Faith Evangelical Free Church, 3920 S. Larimer County Fairgrounds, 5300 S.E. Frontage Aug. 16 — Downtown Loveland Association Networking A2ug. 2 — Right Start I - Business Registration & Entity, Shields in Fort Collins. NoCoNet is a networking, Road in Loveland. A benefit event for American Mili- Party, from 5:30 to 7 p.m., Loveland Youth Gardens, from 7 to 9 a.m., Key Bank Tower, 125 S. Howes St., skill-building group for professionals looking to find tary Family and an opportunity to pay tribute to the 231 W. Fourth St., #202 in Loveland. The Downtown Suite 150 in Fort Collins. This workshop covers start- new opportunities with top local companies. New men and women of the Armed Forces. The event will Loveland Association is a nonprofit community up basics: business registration and forms (with members are always welcome. Contact: NoCoNet at include cocktails, silent and live auctions, dinner association made up of volunteers committed to demo); business entity-type selection; and other [email protected]. and dancing. Cost: $75/person. Contact: AMF at (303) revitalizing the heart of Loveland. Cost: $5/mem- timely tips every prospective entrepreneur needs Aug. 7 — BNI Colorado Regular Lunch Meeting, starting 746-8195 or [email protected]. bers, $10/non-members. Contact: Stephanie Stauder before starting a new business venture. Guest pre- at 11 a.m., The Egg & I, 2305 W. 27th St. in Greeley. The Aug. 11 — Rocky Mountain Raptor Program Open House, at [email protected]. senter is Geoffrey Goudy. Cost: $20. Contact: SBDC at group meets every Tuesday at 11 a.m. Another group from 11 a.m. to 3 p.m., 720 E. Vine Drive in Fort Collins. Aug. 17 - 19 — New West Fest, Old Town Fort Collins. In (970) 498-9295 or [email protected]. regularly meets Thursdays at 8:00 a.m. for breakfast Take a walking tour of the new facilities, new cages its 19th year this free weekend showcases over 300 A2ug. 2 — North Fort Collins Business Association meet- at the same location. and the 6,000-square-foot flight rehabilitation arts, crafts and food booths, Kids’ World, a carnival ing, starting at 7 a.m., Bingo Planet, 900 N. College Aug. 8 — Business Planning for Success, from 8:30 a.m. building under construction. Contact: RMRP at (970) for those young at heart, two beer gardens, and Ave. in Fort Collins. NFCBA meets every fourth to noon, Key Bank Tower, 125 S. Howes St., Suite 150 484-7756 or [email protected]. seven stages of continuous entertainment high- Wednesday of the month. in Fort Collins. Participants will learn the basics of Aug. 13 — NFIB/Colorado Tax Forum, starting at 1 p.m., lighting Northern Colorado’s talented artists. A3ug. 2 — Greeley Chamber of Commerce Business developing a comprehensive business plan for their Old Supreme Court Chambers, 200 E. Colfax Ave. in Aug. 17 — Small Business and the Law, from 9 a.m. to After Hours, from 5 to 7 p.m., Aims Corporate Educa- business start-up, expansion or financing. They will Denver. The forum will cover the state’s entire tax noon, Loveland Chamber of Commerce, 5400 Stone tion Center, 5590 W. 11th St. in Greeley. Greeley also receive information about how to access small structure and its effect on business solvency and Creek Circle in Loveland. Cost: $25 if pre-paid, $30 Chamber/KFKA Trade Show Cost: $10. business assistance from the SBDC and other state growth. Open to all small-business owners. Panel of the day of the event. Contact: LCBD at (970) 667- Aug. 23 — Colorado State University Fall Sports Lun- and local resources. Cost: $40. Contact: SBDC at guests include House Speaker Andrew Romanoff 4106. cheon, from 11:30 a.m. to 1:30 p.m., Hilton Fort Collins, (970) 498-9295 or [email protected]. and state senators and representatives. Contact: Aug. 21 — Fort Collins Technology Round Table, starting 425 W. Prospect Road in Fort Collins. Contact: Fort Aug. 8 — Greeley Chamber of Commerce Business Tyler Nifong at [email protected]. at 8 a.m., Home State Bank Building, 303 E. Mountain Collins Area Chamber of Commerce at (970) 482-3746. Before Hours, from 7:15 to 8:15 a.m., Union Colony Aug. 14 — Windsor Chamber of Commerce Business Ave. in Fort Collins. Margaret McDonald, “Miss Com- Fire Rescue Authority - Station 3, 35th Avenue & Sec- After Hours, from 5 to 7 p.m., Poudre Valley Health munications,” will speak about smart people, stupid — Compiled by Noah Guillaume

Aug. 3-16, 2007 The Northern Colorado Business Report 11

ON THE JOB DELLENBACH CHEVROLET Our Business is Your Business ACADEMICS the daily administrative duties for the Medical Society in addition to public relations and policy work. Skutchan Dellenbach Chevrolet Fleet & Commercial Sales David Guyor has taken over as director for Col- is a former KCOL and KFKA radio talk-show host. orado Christian University’s Northern Colorado Center in Loveland. Guyor’s goals for the campus include build- MEDIA/MARKETING ing awareness, forming partnerships and expanding Aspire Media in Loveland has hired T.J. Harty as programs. The center serves adult and graduate stu- vice president of technology in the company’s integrat- dents in communities along the northern Front Range, ed media division. In the newly created position, Harty northeastern Colorado and southern Wyoming. will be responsible for the continued extension and expansion of Aspire’s brands online, as well as across Happy Bennett, technology administrator and other digital media platforms. His immediate goal will study abroad coordinator at Colorado State University, be to further develop the rapidly growing integrated has joined Turning Point’s Board of Directors. Bennett businesses for Aspire’s Interweave Press. He is the for- holds a master’s degree in computer information sys- mer director of eMedia Technology for Penton Media tems and a bachelor’s degree in technical journalism. Inc. Kimberly Burgan has REAL ESTATE joined the Institute of Business and Medical Careers as its new The Real Estate Buyer’s allied-health program specialist. Agent Council Inc. awarded Mike Burgan’s responsibilities will Hazlett of RE/MAX Action Bro- include overseeing and support- kers in Fort Collins the Accredit- ing the faculty and students of ed Buyer Representation desig- THERE'S NO BETTER TIME THAN NOW the medical assisting, billing and nation. Hazlett joins more than TO BUY A CHEVY VEHICLE FOR BUSINESS coding, pharmacy technician, 32,000 real estate professionals BURGAN and massage programs. in North America who have DELLENBACH CHEVROLET earned the ABR designation. HAZLETT AGRICULTURE Fleet department—Doran Beaman & Ron Heusinkveld Todd Spiller has announced Stewart Environmental Consultants Inc. in Fort the formation of Spiller Reality Collins has named Craig M. Mueller as operations dellenbach.com • dellenbach.com • dellenbach.com • dellenbach.com • located in Fort Collins. The new manager. Mueller will be responsible for coordinating company will assist individual and allocating resources for all of the firm’s projects, buyers and sellers as well as 3111 S. College both laboratory and engineering for Stewart’s 25-per- small builders and developers. (at Swallow) son consulting team. He will oversee the daily activities Spiller has experience in sales, and serve as the central coordinating figure for the 970.226.2438(CHEVY) construction, and the appraisal firm’s personnel and clients. of commercial and residential www.dellenbach.com FINANCE real estate. SPILLER Proud Supporter of Larimer County United Way Investment Centers of America Inc. in Bismarck, N.D., TECHNOLOGY selected Paul Hummel of the company’s Loveland Managed Business Solutions, a global information office to join its President’s Advi- and technology outsourcing and consulting firm found- sory Council. The primary focus ed in Fort Collins, announced that Walter Porter has for ICA’s representatives this 9LHK`MVY[OLUL_[SL]LS& joined the company as director of managed services. year is to find innovative way to Porter will be responsible for developing and imple- 6O`LHO`V\»YLYLHK` meet the evolving needs of their menting a cohesive managed services business unit clients to help them become that will take advantage of MBS’ supplier diversity initia- financially prepared for retire- tive, and will be a member of the MBS executive team. ment. Advanced Energy Industries Inc. in Fort Collins A udrey Ketchum has KETCHUM announced that Yuval Wasserman has accepted the joined Home State Bank’s cash position of senior vice president of sales, services and management team at the Moun- marketing. Wasserman will report directly to Hans tain Avenue branch in Fort Georg Betz, president and CEO. Collins. Kim Viner has joined the bank’s Cleveland Avenue Sheri Giles has joined Information Technology branch in Loveland as a private Experts as a sales engineer focusing on commercial mortgage banker. Viner will sales. ITX is a full-service IT support provider including assist the bank’s private bank- network design and security, ing clients with their mortgage computer support and VoIP. needs. Denise Martz, investment representative, has joined VINER MISCELLANEOUS Investment Centers of America, with an office in Home State Wes Kenney, music director Bank’s branch on Timberline for the Fort Collins Symphony Road in Fort Collins. since 2003, has won the Varna International Conductors Com- INSURANCE petition held in Bulgaria in July. Kenney will return to Bulgaria Flood & Peterson Insurance KENNEY during the next season to con- recently inducted Sean Gin- duct concerts as part of the winning prize. gerich into the company’s Cen- tury Club, which recognizes top MARTZ employees for their work. Gin- gerich, a four-year Flood & Peterson employee, was hon- If you have an item to share about a promotion, ored for his ability to integrate job change or career news of note, the company’s business philos- e-mail it to Noah Guillaume at ophy throughout his work with 6%$/RDQV [email protected], or mail it to On The clients. Job at NCBR, 141 S. College Ave., Fort Collins, &RPPHUFLDO5HDO(VWDWH HEALTH CARE CO 80524. &RQVWUXFWLRQ/HQGLQJ /PSUI(BSmFME"WFOVF $FTXLVLWLRQ)LQDQFLQJ The Larimer County Medical -PWFMBOE $PMPSBEP Society has named Clint &RPPHUFLDO/RDQV Skutchan as its new executive director. Skutchan will oversee SKUTCHAN — Compiled by Noah Guillaume XXXCBOLIPSJ[POPOMJOFDPN 12 The Northern Colorado Business Report Aug. 3-16, 2007 TIME OUT

2 3 1

GARDEN PARTY — 1. Scott and Diana McKinney, owners of Solid Sound Entertainment, enjoy their surroundings at the Second Annual Gathering in the Garden on July 19 at Columbine Gallery in Loveland. 2. McKee Medical Center employees Penny Rollins, Laurie Cure and Kelly Studer strolled the sculpture park at the Gathering in the Garden. 3. John Davis, left, a broker associate with RE/MAX Alliance; Jeff Powell, commercial banking senior relationship manager and vice president at Bank of the West; Kyle DeBord, vice president of sales at Connecting Point; and Justin Davis, right, a wealth manager at AG Edwards, get a bite to eat at the Northern Colorado Corporate Golf League on July 25 at Highland Meadows Golf Course in Windsor. 4. Marta Farrell, left, executive director for the Fort Collins Symphony, and Cathy Brown, from Advanced Energy Industries Inc., stroll up to the Fort Collins Business After Hours event at Fort Collins Mortgage on July 19.

CREDIT: Photos by Business Report staff, Harper Photography

E-mail your event photos to Editor Tom Hacker, [email protected]. Include complete identification of individuals.

6MÄJL Building Retail 6MÄJL>HYLOV\ZL Sale or Lease -VY:HSL3LHZL a great place [VZ[HY[`V\YZLHYJO 3201 E Mulberry St, #H, Fort Collins 1450 Westwood Dr, Windsor 5+LU]LY(]L3V]LSHUK $350,000 :HSL 3LHZL ZM555 :HSL 3LHZL ZM555 Larry Hawe 970.377.4962 Bill Reilly 970.377.4924 Craig Hau 970.377.4919

Land Old Town Turn-key 0U]LZ[TLU[ Building for Sale Day Care for Sale 9L[HPS6MÄJL Opportunity

5*VSSLNL(]L-VY[*VSSPUZ :*VSSLNL(]L-VY[*VSSPUZ 2464 Marquette, Fort Collins ,4\SILYY` -VY[*VSSPUZ 115 HWY (\S[ ZM555 $650,000 :HSL 3LHZL ZM555 $416,900 $198,000 Cole Herk 970.377.4951 R. Frank 970.377.4971 & M. Ingram 970.405.8708 Jared Goodman 970.377.4964 Robert Hau 970.377.4947 Randy Marshall 970.229.2500

Land :OV^YVVT Ind. Bldg 0U]LZ[TLU[For Sale For Sale For Sale >HYLOV\ZL-VY:HSL

:> [O :[ 3V]LSHUK >[O:[ .YLLSL` 8420 SE Frontage Road, Fort Collins :, [O:[YLL[3V]LSHUK $899,000 $269,800 ZM555 $1,344,000 John Peden 970.679.1574 Chuck Rehmer 970.539.4313 Geoff Tolmachoff 970.227.8675 Julius Tabert 970.679.1599

• Sales and Leasing Brokerage • Feasibility Analysis 6MÄJL • Investment and Multi-Family Retail 6MÄJL>HYLOV\ZL 6MÄJLMVY For Sale or Lease Property Brokerage Sale or Lease • Land Acquisition, Site Analysis, Site Selection • Business Opportunities Marketing, 353 W. Drake, Fort Collins 5+LU]LY(]L3V]LSHUK 3926 JFK Pkwy #9C, Fort Collins Acquisition :HSL 3LHZL ZM555 :HSL 3LHZL ZM555 :HSL 3LHZL ZM555 • :L]LU6MÄJLZPU5VY[OLYU*VSVYHKV Travis Ackerman 970.229.2516 Chris Hau 970.377.4920 Mike Eyer 970.391.4773 800.266.9820 Aug. 3-16, 2007 The Northern Colorado Business Report 13 BRIEFCASE

Information Technology Experts Inc. has Junior Achievement of Rocky Mountain Inc. in grants that will bring $9 million in funding to Fort NONPROFIT NOTES expanded into Greeley and surrounding communities by Fort Collins announced its partnership with HSBC to Collins. Fort ZED is a collaboration between the Commu- opening an office at 3257 W. 20th St. in Greeley. The com- teach local students the “economics of life.” Junior nity Foundation of Northern Colorado and the Neighbor to Neighbor in Fort Collins is offer- pany offers network administration, database and soft- Achievement welcomed six HSBC volunteers to speak Northern Colorado Clean Energy Cluster to trans- ing monthly certified home buyer education cours- ware development, network security, hosting and with over 125 students in Fort Collins and Loveland ele- form Colorado State University and the Fort Collins es to provide smart advice before purchase. Class- VoIP/telecommunications. mentary schools. downtown district into a net zero energy user through es include tips for budgeting and saving for down DEADLINES greater energy efficiency, on-site renewable resources payment, establishing and maintaining good cred- DEALS and additional utility-scale green power. it, shopping for a loan, negotiating price and pro- Oct. 16 is Boss’ Day and in honor of the occasion Center Partners Inc. has announced AMG Cre- tecting your investment. Visit www.n2n.org for iBusinessChannel.com is searching for the best boss If you have an item to share about name ative Inc., both of Fort Collins, as its agency of record more information or to register for the Aug. 25 of 2006. Nominations will be accepted through Sept. 15 changes, new products or business news of for all advertising, marketing and Web development class. and can be submitted at www.bestbosscontest.com. note, e-mail it to Noah Guillaume at needs. The decision follows a Web site redesign and an [email protected], or mail it to Briefcase internal branding package that included corporate The Women’s Fund of Weld County Inc. is PROJECTS at NCBR, 141 S. College Ave., Fort Collins, brochures and tradeshow booth graphics. Center Part- offering grants ranging from $500 to $5,000 for CO 80524. 2007-08 with a funding priority focused on girls’ ners provides customer lifecycle management and The sustainable energy initiative Fort ZED raised business process outsourcing solutions in the call cen- $525,000 to meet the $500,000 requirement to be con- and women’s education, employment, training and — Compiled by Noah Guillaume self-development. The grant application must be ter industry. sidered for one of six U.S. Department of Energy received by Sept. 1. More details can be found at www.weldwomensfund.org.

NEW PRODUCTS AND SERVICES Get a free Apex Shredding Inc. in Fort Collins has launched its new Web site at www.ApexShreddingInc.com. Through the site, customers can get rate quotes and multifunction make an appointment for a mobile shredding truck to come to their business for secure document disposal. printer.1 Heli-Support, a helicopter maintenance, repair and overhaul facility in Fort Collins, has been awarded approval by Turbomeca for the overhaul and repair of the Turbomeca Arriel 1 engine and its additional vari- ants. As part of the certification, Heli-Support installed a dedicated Arriel 1 test stand and workroom. Eight engine specialists from the company also completed Turbomeca’s factory training.

On The Run Fitness in Loveland has expanded beyond personal training services for corporations throughout the Front Range. Services include corporate wellness goal setting, fitness classes and nutrition seminars for employees, health fairs and progress monitoring.

RE/MAX Action Brokers in Fort Collins and Love- land have been designated as commercial divisions. The designation allows both offices to handle commercial real estate.

The W eld Library District has introduced MyLi- braryDV, a content service that allows patrons to down- load digital programming such as feature films and pro- For your multifunction life. grams about cooking, travel and literature to their personal computers. Patrons must have a WLD library Open a Key business checking account along with a business debit Features of the Canon PIXMA account and can have up to 10 downloaded videos at card and an approved business MasterCard®2 by September 21 to MP530 Ofﬁce All-In-One once, which will automatically delete after seven days. receive a complimentary Canon PIXMA MP530 Ofﬁce All-In-One Printer. Printer include: Visit www.mylibrary.us for more information. NEW LOCATION Becoming a Key client opens your business to a wealth of resources • Color printer that make a multitasker’s life easier – from payroll and credit card • Scanner Brooke Business Insurance has opened a location processing services to electronic deposit, leases and lines of credit.² at 2108 Milestone Drive in Fort Collins. The business • Color copier insurance broker’s coverage includes workers’ compen- • Fax sation, property, liability, fleet auto, directors and offi- cers and errors and omissions for manufacturers, con- tractors, distributors and restaurants.

B & B Contracting has opened a new office loca- Stop by any KeyBank branch, call 1.888.KEY4BIZ or visit key.com/smallbiz. tion at 155 N. College Ave. in Fort Collins. B & B provides Also ask about our personal checking offers. existing home services, tenant refinishes, remodeling as well as painting and general construction.

Camp Bow Wow has opened its doors at 3005 W. 29th St., Suites E & F in Greeley. The locally owned franchise offers Doggy Day Care and Overnight Boarding Camp, and includes four outdoor play areas with pools and play equipment for canine companions. ¹ Offer available to businesses without an existing Key business checking account as of July 22, 2007, who open a Key Business Free, Key Business Reward, Key Business Money Market or Key Business Sweep checking account by September 21, 2007 with a Key Business Debit Card, KeyMiles Debit Card or KeyMiles Preferred Debit Card and an approved KeyBank Small Business MasterCard credit card by October 26, 2007. You will receive your printer by December 15, 2007. Limit one printer per business. Offer valid while supplies last. The value of the printer will Mark Young Construction Inc. has completed be reported on Form 1099-INT. Accounts closed within 180 days of account opening will be charged a $25 early closure fee. Accounts overdrawn or closed as of November 19, 2007 are not construction of its new headquarters at 7200 Miller eligible for this offer.You must have a U.S. mailing address on October 26, 2007 to be eligible for this offer. Employees of KeyBank, its afﬁliates and subsidiaries are not eligible for this offer.The Place in Frederick. The company has consolidated its printer model shipped may differ from the printer model shown. Offer is subject to cancellation without notice, and cannot be combined with any other offer. Fort Collins and Denver offices at the new location. ² All credit products are subject to approval. Credit cards issued by Citibank (South Dakota), N.A. and are subject to credit approval. Key Business Free Checking has no monthly maintenance service charge. Up to 200 combined transactions per month at no charge. No minimum balance requirement. A minimum opening deposit of $250 is required. Other service charges may apply. Home wood Suites by Hilton has opened an all- Canon & PIXMA are registered trademarks of Canon, Inc. in the United States and may be registered or trademarks in other countries. suite, residential-style hotel at 1521 Oakridge Drive in ©2007 KeyCorp KeyBank is Member FDIC Fort Collins, the company’s 200th location. 14 The Northern Colorado Business Report Aug. 3-16, 2007 DAILY IN REVIEW Swift adds 1,300 jobs

Editor’s note: Daily in Review is a partial lic hearing or ordinance stage,” he said. digest of stories reported in the Business Selders said the decision was based on Report Daily online service between July 16 several issues, including the exclusion of a and 27. Follow Business Report Daily each provision to allow Greeley to opt out of the day at www.ncbr.com — click on “Breaking RTA if the city’s voters did not support the News” on the home page — or subscribe to initiative. have each day’s top items delivered to your Selders was one of the three council inbox. members who wanted to continue the RTA discussion. GREELEY — New owners of Swift & Co. Other reasons the Greeley council decid- said Thursday they will add another 1,300- ed against moving forward with the RTA worker shift at its beef plant in northeast include the questions surrounding the Greeley, boosting employment there to financing arrangement with the Centerra 3,100. development in Loveland and generally not Another 500 managerial and support having enough details nailed down. employees work at the company’s west Separately, the council did decide to pur- Greeley headquarters. sue a Greeley-only transportation tax that The decision by Brazilian owner JBS S.A. would fund city streets and transportation solidifies the future of the Greeley plant and infrastructure. other former Swift holdings worldwide. Loveland’s city council and Berthoud’s Swift has begun recruiting for the new board of trustees also discussed the RTA positions with the goal of having 500 addi- Tuesday. At the Loveland work session, tional workers by Sept. 4, and running at council members gave a green light to hold full capacity during that month, Swift & Co. public hearings on the RTA, which have spokesman Marco Sampaio said. been scheduled for Aug. 7 and Aug. 21. Sampaio reported that new employees at The Berthoud Board of Trustees voted the plant would start at $11.75 per hour, unanimously to continue participation joining other production workers who earn with the authority and endorse the propos- $12.25 per hour. The company’s top wage is al to place the issue on the ballot in Novem- $13.80 per hour. ber. The addition of a second shift will be a The RTA’s partnership committee met huge boon to Greeley’s economy, with July 25 to discuss how to proceed. almost $33 million added to the company’s payroll. Regional economist and regular Banker gets jail time for attempted theft Business Report columnist John Green said GREELEY — Renae Johnson, a former Make Our Space... the added jobs translate to an infusion of Make Our Space... bank vice president in Windsor, has been about $66 million into the region’s economy. sentenced to one year of jail with work Swift & Co. officials announced in April release and 12 years’ probation for attempt- that the plant had rebounded from the ed theft. immigration raids in December that result- Johnson was originally charged in Janu- ed in the arrest of 261 workers at the Gree- ary with 10 counts of theft for embezzling ley plant. more than $125,000 from First National In late May, Swift reported the sale of its Bank of Julesburg. She could have faced up assets to JBS S.A., a move that made the to 12 years in prison. South American company the global leader Johnson served as the branch president in processing fresh beef and pork. at the bank’s Windsor location. First Your Place! Swift & Co.’s president and CEO, Wesley National Bank of Julesburg has no relation Your Place! Mendonca Batista, announced the big jump to First National Bank of Fort Collins. in employment Thursday evening at a She pled guilty on June 8 to attempted Greeley Chamber of Commerce event at the theft of $15,000 or more, a class 4 felony. In company’s headquarters. addition to her jail and probation time, she also must complete 150 hours of communi- Greeley council puts brakes on RTA ty service. A restitution hearing is scheduled GREELEY — The proposed regional for Oct. 18. transportation authority for Northern Col- The charges stemmed from incidents orado has hit another speed bump — one dating back to September 2004 when John- that could bring the proposal to a complete son is alleged to have routed money from • Accommodates groups of 20 to 1600 halt. loans taken out in the names of bank cus- At a July 24 work session, Greeley’s city tomers to her own accounts. • On-site catering and event planning council members decided 4-3 to put the Johnson has paid back all of the funds • Business conferences & meetings brakes on involvement in the RTA. The pro- diverted from the bank and its customers, posed RTA would fund regional transporta- according to Tom Olsen, president of First • Trade shows tion projects through a 1 percent sales tax, 1 National Bank of Julesburg. • Training classes percent use tax and $10 motor vehicle reg- In addition to the sentence in Weld istration fee. The Fort Collins city council County, Johnson faces an order by the • Holiday parties To schedule your next event call voted against being a part of the RTA on Office of the Comptroller of the Currency June 19. barring her from further activity in bank- • Charity & Fundraising Events (970) 619-4058 “We’ve decided to not move forward,” ing. The OCC, which regulates nationally said Greeley Mayor Tom Selders. Selders chartered banks, issued a consent order in explained that the work session decision March in which Johnson agreed to pay a I-25 & Crossroads Blvd. was not an official action, but that it meant civil money penalty of $11,000 and to the proposal would not be on any future abstain from taking any employment or www.larimer.org/theranch agendas. board role at any federally insured deposi- “We will not bring it forward to the pub- tory institution.

Special Report REAL ESTATE & Aug. 3-16, 2007 www .ncbr.com DEVELOPMENT FEATURES Longmont still wrestling with annexation

Highway 119 east of Longmont, into the city limits. opment from Weld County commissioners. Final vote on Weld After a July 24 public hearing, the council When the 3,000-member church was unable to delayed the final vote on the annexation until Aug. expand its current building on Colorado Highway church development 14. 66 north of Longmont in Boulder County, it Critics say the development, now called Union, bought land along Highway 119 near Union Reser- Greeley recognizes now set for Aug. 14 would be a separate community with little connec- voir and planned to build there. The directive from commercial tion to Longmont. They also say the church’s church elders was to find a place LifeBridge could projects By Anne Cumming Rice development group is asking for too many exemp- call home for the next 100 years, said Martin Dick- [email protected] tions from city standards. ey, chief operating officer for 4C. Plans for addi- Four projects receive Proponents, including Longmont Mayor Julia tional development beyond just a new church award for 'Excellence LONGMONT — A proposal for the city of Pirnack, contend Union would be a good addition building sprouted from there. in Community Design' Longmont to annex a church’s 313-acre, $700 to the city. The city of Longmont and the church have been Page 19 million mixed-use development in southwest hashing out an annexation plan over the last year. Weld County got closer to approval in July. Complex issues Longmont lies almost entirely in Boulder County, But the Longmont City Council, residents and LifeBridge Christian Church and Corporation and the annexation would move the city east into representatives from Longmont’s LifeBridge Chris- for Community Christian Connections — or 4C, Weld. The annexation would also allow the devel- tian Church are still going back and forth about the nonprofit development group formed by the opment to tap into Longmont water and electric exactly how to allow the project, off Colorado church — have already won approval for the devel- See LIFEBRIDGE, 20 Boyd Lake Village takes on medical profile Water Valley Senior Resort almost ready them surgeons, in Fort tions and health-care politics, issues more sensi- Good Samaritan Society Orthopedic Center of Collins, Loveland and Wind- tive in Loveland than in most other communities. anything but the sor locations. It will nearly Equidistant from Medical Center of the Rock- average retirement the Rockies sets tone double its Loveland space ies, Poudre Valley Health System’s new hospital at community when it builds a 32,000- Centerra to the east, and Banner Health-owned Page 21 for Loveland offices square-foot office building McKee Medical Center a mile and a half west, the on the eight acres of land the location allows the practice’s doctors to maintain LISTS LOVELAND — Earlier this year, when real group has under contract for their independence. estate developer Kirk Dando bought 42 acres of an undisclosed sum. The new park is also within a block or so of Region’s largest strategically located land in east Loveland, he Landlocked and space- the Skyline Center for Health, the medical com- assumed chain retailers and restaurants would be strapped in its current cen- REAL ESTATE plex that houses an outpatient surgery center, the Distributors the most likely prospects to fill it. tral Loveland location, mem- Tom Hacker pediatrics practice of the Banner-owned Big Page 16 But the first major user of Boyd Lake Village, a bers of the region’s largest Thompson Medical Group, an urgent care center, strip fronting the north side of Eisenhower Boule- orthopedic practice last year laboratory and imaging center. Industrial buildings vard just west of the Boyd Lake Avenue intersec- started a site selection process that brought them “We’ve done a good job of working with both Page 17 tion, is one of Northern Colorado’s best-known to Boyd Lake Village. hospital systems, and we’ll continue to do that,” specialty medical practices. The entry of Orthope- “We’re out of space,” said Mark McFerran, McFerran said. Office buildings dic Center of the Rockies likely will chart the M.D., a surgeon who practices at OCR’s Loveland Page 18 course for Dando’s Boyd Lake Village project as a office. “We’re walking all over each other.” Developers duel high-end medical park. OCR’s doctors said they chose the new loca- The location choice also was a win for Dando, The practice now houses 19 doctors, 16 of tion after carefully weighing community percep- See BOYD LAKE, 22 16 The Northern Colorado Business Report Aug. 3-16, 2007 The Twist Largest Distributors No. 1 based on most square feet: Wal-Mart Distribution Center and Kmart Distribution Center with 1,200,000 sq. ft. each. Ranked by no. of employees Customize lists at http://ncbr.datajoe.com COMPANY PREV ADDRESS TOTAL SIZE OF FACILITY REVENUES 2006 WEB SITE PERSON IN CHARGE W/ TITLE RANK RANK PHONE/FAX EMPLOYEES 2007 SQ. FT. PRODUCTS/SERVICES REVENUES 2005 E-MAIL YEAR FOUNDED WAL-MART DISTRIBUTION CENTER 7500 E. Crossroads Blvd. $2,722,067,255 www.walmart.com Dan Speed, General manager 1 Loveland, CO 80538 1,225 1,200,000 Retail-distribution center. N/A N/A 1962 1 (970) 679-4700/(970) 663-2862 MCLANE WESTERN 2100 E. Colo. Highway 119 N/A www.mclaneco.com Stuart Clark, President 2 Longmont, CO 80502 523 400,000 Food distribution. N/A [email protected] 1894 2 (303) 682-7500/(303) 678-9831 KMART DISTRIBUTION CENTER 18875 E. Bromley Lane N/A www.kmart.com Brad Cowen, General Manager 3 Brighton, CO 80601 250 1,200,000 Retail-distribution center. N/A N/A 1899 3 (303) 654-0054/(303) 659-0651 YANCEY'S FOOD SERVICE CO. INC. Greg Yancey, President and 5820 Piper Drive $120,000,000 www.yanceys.com Chris Boyd, Executive vice 4 Loveland, CO 80538 225 100,000 Wholesale-food service distributor. N/A [email protected] president 4 (970) 613-4333/(970) 613-4334 1940 TSN INC. 4001 Salazar Way Wholesale distribution of paper, plastic, cleaning N/A www.tsndist.com Rick DeRose, General manager 5 Frederick, CO 80530 150 200,000 and packaging supplies. N/A [email protected] 1990 5 (303) 530-0600/(303) 530-1919 MARTIN PRODUCE CO. INC. Chuck Bird, Operations 617 Sixth St. Potato and onion processing for national and N/A N/A manager and Dorothy Martin, 6 Greeley, CO 80631 120 75,000 international distribution. N/A [email protected] Salesperson 6 (970) 352-0015/(970) 352-5687 1939 AMERICAN EAGLE DISTRIBUTING CO. 3800 Clydesdale Parkway Wholesale distribution of Anheuser-Busch N/A www.abwholesaler.com/americaneagle Jerry Helgeson, President 7 Loveland, CO 80538 110 (1) 132,000 products. N/A N/A 1976 7 (970) 663-1690/(970) 352-0137 NORTHERN COLORADO PAPER 295 71st Ave. Distribution for paper products, janitorial $37,286,515 www.ncpaper.com Tim Warde, President 8 Greeley, CO 80634 102 N/A supplies, disposable food service products and N/A [email protected] 1978 8 (970) 353-8787/(970) 353-2406 packaging materials. FAGERBERG PRODUCE INC. 17673 Weld County Road 80 Distribution of onions and wholesale produce $32,755,000 www.fagerbergproduce.com Lynn Fagerberg, Owner 9 Eaton, CO 80615 78 220,000 packaging. N/A [email protected] 1977 9 (970) 834-1353/(970) 834-1434 BOOK CENTER OF THE ROCKIES INC. 1331 Red Cedar Circle N/A N/A Neil McCaffrey, III, CEO 10 Fort Collins, CO 80524 50 59,000 Publishing fulfillment and marketing. N/A [email protected] 1994 10 (970) 493-4840/(970) 493-8781 PETERSEN PET PROVISIONS INC. 113 Sixth Ave. Wholesale distributor of natural pet food, wild $13,965,732 www.petersenpet.com Timothy Petersen 11 Greeley, CO 80631 49 33,358 bird seed blends and pet supplies. N/A [email protected] 1996 11 (970) 351-6981/(970) 351-6891 ANDERSON NEWS CO. 106 N. Link Lane N/A www.andersonnews.com N/A 12 Fort Collins, CO 80524 40 (1) 8,600 Distribution, marketing of books and magazines. N/A N/A 1917 12 (970) 221-2330/(970) 221-1251 Region surveyed is Brighton, Larimer and Weld counties. Based upon responses to Business Report survey researched by Kathleen Chaballa (1) Business Report estimate To be considered for future lists, e-mail [email protected]

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Fort Collins Campus: 1501 Academy Court, Fort Collins, CO 80524 Aug. 3-16, 2007 The Northern Colorado Business Report 17 The Twist Largest Industrial Buildings No. 1 based on most recently renovated: JBS Swift in 2005. Ranked by total square feet C ustomize lists at http://ncbr.datajoe.com COMPANY OR BUILDING NAME ADDRESS TOTAL SQUARE FEET 2007 YEAR BUILT OWNER RANK PREV RANK PHONE/FAX NUMBER OF FLOORS 2007 EMPLOYEES-LOCAL MAJOR TENANT OR COMPANY YEAR RENOVATED WEB SITE ANHEUSER-BUSCH FORT COLLINS BREWERY 2351 Busch Drive 1,075,000 1988 Anheuser-Busch Cos. 1 Fort Collins, CO 80524 1 700 Anheuser-Busch Cos. N/A www.anheuser-busch.com 1 (970) 490-4502/(970) 490-4506 AGILENT TECHNOLOGIES INC. 900 S. Taft Ave. 928,000 1962 Agilent Technologies Inc. 2 Loveland, CO 80537 2 550 Agilent Technologies Inc. N/A www.agilent.com 2 (970) 679-5000/ FLEETWOOD GOLDCO WYARD & AMBEC 5605 Goldco Drive 273,032 1987 Richard and Diane Vandermeer 3 Loveland, CO 80538 1 N/A Goldco Industries Inc., Master Drive N/A www.f-g-w.com 3 (970) 663-4770/(970) 203-9881 HEWLETT-PACKARD BUILDING 700 71st Ave. 271,821 N/A Boomerang Properties LLC NR Greeley, CO 80634 1 0 Currently empty. N/A www.realtec.com 4 (970) 229-9900/ HEWLETT-PACKARD CO. 3404 E. Harmony Road 242,151 1980 Hewlett-Packard Co. 4 Fort Collins, CO 80525 2 2,000 (1) Hewlett-Packard Co. N/A www.hp.com 5 (970) 898-3800/(970) 898-6725 WOODWARD GOVERNOR CO. 1000 E. Drake Road 235,152 1968 Woodward Governor Co. 10 Fort Collins, CO 80525 2 985 Woodward Governor Co. N/A www.woodward.com 6 (970) 482-5811/(970) 498-3214 INTEL CORP. 4721 Technology Parkway 199,715 1998 Intel Corp. 5 Fort Collins, CO 80528 3 400 Intel Corp. N/A www.intel.com 7 (970) 898-4295/(719) 273-1602 WATER PIK INC. 1730 E. Prospect Road 171,381 1972 Water Pik Technologies Inc. 6 Fort Collins, CO 80525 1 N/A Water Pik Technologies Inc. N/A www.waterpik.com 8 (970) 484-1352/(970) 221-8715 HACH CO. 5600 Lindbergh Drive 150,818 1978 Hach Chemical Co. 7 Loveland, CO 80539 2 830 Hach Chemical Co. N/A www.hach.com 9 (970) 669-3050/(970) 669-2932 QUEBECOR WORLD LOVELAND INC. 380 W. 37th St. 142,735 1986 One Directory Place LLC 8 Loveland, CO 80538 1 235 Quebecor World Loveland Inc. N/A www.quebecorworld.com 10 (970) 962-5100/(970) 962-5216 GENESIS FIXTURES INC. & GENESIS INNOVATIONS INC. 3842 Redman Drive 138,843 Genesis Fixtures Inc. & Genesis 1973 Saddlenotch LLC 9 Fort Collins, CO 80524 2 140 Innovations Inc. N/A www.genesisfixtures.com 11 (970) 493-2344/(970) 224-2284 WATER PIK BUILDING 609 S.W. 14th St. 136,000 0 Technology Driven Products Inc. N/A N/A 12 NR Loveland, CO 80537-6398 1 N/A N/A JBS SWIFT & CO. 1770 Promontory Circle 134,000 2001 McWhinney Enterprises NR Greeley, CO 80634 3 N/A N/A 2005 www.swiftbrands.com 13 (970) 506-8000 Region surveyed is Brighton, Larimer and Weld Counties. Based upon responses to Business Report survey researched by Kathleen Chaballa Based upon estimates for actual sq. footage used for industrial purposes. To be considered for future lists, e-mail [email protected] N/A—Not Available (1) Business Report estimate.

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www.prpa.org PLATTERIVER 2000 East Horsetooth Rd., Fort Collins, CO 80525 POWERAUTHORITY 18 The Northern Colorado Business Report Aug. 3-16, 2007 The Twist Largest Office Buildings No. 1 based on most square feet available: T riPointe Business Center with 155,531 sqare feet available. Ranked by total leasable square feet Customize lists at http://ncbr.datajoe.com LEASABLE SQUARE FEET NUMBER OF FLOORS LEASING AGENT/COMPANY 2007 AVG. LEASE SIZE IN SQ. FT. 2007 OWNER PHONE PREV BUILDING NAME SQ. FT. AVAILABLE JUNE 30, AVERAGE LEASE LENGTH 2007 BUILDING MANAGER E-MAIL RANK RANK FULL ADDRESS 2007 AVERAGE RENT PER SQ. FT. MAJOR TENANTS & SQ. FT. OCCUPIED YEAR BUILT WEB SITE 4 N/A HEWLETT PACKARD BUILDING 5 236,224 236,244 Hewlett-Packard Co. (970) 898-3800 1 3404 E. Harmony Road N/A N/A Hewlett-Packard Co. - 236,224 N/A N/A 1 Fort Collins, CO 80528 N/A 1990 www.hp.com Brandi Spencer & Andrea Ackerman /Colorado & Santa Fe Real TRIPOINTE BUSINESS CENTER 2 TriPointe Business Center LLC Estate 3001 Eighth Ave. 230,558 14,000 Asurion, Sunrise Community Health, Colorado & Santa Fe Real Estate 1 (888) 395-0504 2 2 Evans, CO 80631 155,531 3 Years Tripointe Events Center. 1963 [email protected] 4.95 NNN www.tripointecolorado.com 3 Heart Center of the Rockies, Harmony N/A HARMONY MEDICAL BUILDING 222,000 7,000 Ambulatory Surgery Center, Harmony Varies (970) 962-9990 3 2121 E. Harmony Road N/A 5 Imaging Center and Fort Collins Family N/A [email protected] 3 Fort Collins, CO 80528 $18 NNN Physicians 2000 www.centerracolorado.com 5 N/A STATE FARM INSURANCE CENTRAL BUILDING 204,475 N/A State Farm Automobile Insurance Co. (970) 395-5000 4 1555 Promontory Circle N/A N/A State Farm Insurance - 204,475 N/A [email protected] 4 Greeley, CO 80638 N/A 2003 www.statefarm.com 2 N/A HEWLETT PACKARD BUILDING 1 161,488 N/A Hewlett-Packard Co. (970) 898-3800 5 3404 E. Harmony Road N/A N/A Hewlett-Packard Co. - 161,488 N/A N/A 5 Fort Collins, CO 80528 N/A 1980 www.hp.com 3 N/A STATE FARM INSURANCE NORTH BUILDING 152,102 N/A State Farm Mutual Automobile Insurance Co. (970) 395-5000 6 1555 Promontory Circle N/A N/A State Farm Insurance - 152,102 N/A N/A 6 Greeley, CO 80538 N/A 2001 www.statefarm.com NATURAL RESOURCES RESEARCH CENTER BLDG 1 N/A C 125,300 N/A Acquest Development (970) 493-1243 7 2150 Centre Ave. N/A N/A USGS - 125,300 N/A N/A 7 Fort Collins, CO 80526 N/A 2001 N/A 7 N/A CHASE BANK PLAZA BUILDING 119,159 3,000 Phelps/Tointon - 4,566. Chase Bank - Greeley Lincoln Park Properties LLC (970) 351-8888 8 822 Seventh St. N/A 3 21,805, Banner Health - 26,435, Lextron - N/A [email protected] 8 Greeley, CO 80631 12.50 7,314 1972 www.thomasandtyler.com 3 N/A STATE FARM INSURANCE SOUTH BUILDING 117,662 N/A State Farm Mutual Automobile Insurance Co. (970) 395-5000 9 1555 Promontory Circle N/A N/A State Farm Insurance - 117,662 N/A N/A 9 Greeley, CO 80638 N/A 2003 www.statefarm.com NATURAL RESOURCES RESEARCH CENTER BLDG 3 N/A A 116,830 N/A Acquest Development (970) 493-1243 10 2150 Centre Ave. N/A N/A USDA - 116,830 N/A N/A 10 Fort Collins, CO 80526 N/A 1999 N/A NATURAL RESOURCES RESEARCH CENTER BLDG 1 N/A B 107,930 N/A NRRCB Facilities Corp. (970) 493-1243 11 2150 Centre Ave. N/A N/A Federal government - 107,390 N/A N/A 11 Fort Collins, CO 80526 N/A 1999 N/A 2 N/A JBS SWIFT AND CO. BUILDING 102,000 N/A McWhinney Enterprises (970) 962-9990 12 1760 Promontory Circle N/A N/A Swift and Co. - 102,000 N/A [email protected] 12 Greeley, CO 80634 N/A 2001 www.centerracolorado.com MEDICAL OFFICE BUILDING AT MEDICAL CENTER 3 Ron Kuehl OF THE ROCKIES 80,150 6,000 Heart Center of the Rockies, Imaging Varies (970) 962-9990 NR 2500 Rocky Mountain Ave. 8,000 7 years Center at Centerra, Northern Colorado McWhinney Enterprises [email protected] 13 Loveland, CO 80538 22 NNN Pulmonary Consultants 2007 www.centerracolorado.com Region surveyed is Brighton, Larimer and Weld counties. Based upon responses to Business Report survey researched by Kathleen Chaballa N/A-Not Available. To be considered for future lists, e-mail [email protected]

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Local decisions. Service. Local ownership. Aug. 3-16, 2007 The Northern Colorado Business Report 19

REAL ESTATE & DEVELOPMENT

Courtesy Thorp Associates; Casseday Creative Design

BEST DESIGN — The Harvest Modern Country Kitchen restaurant in west Greeley’s St. Michael’s mixed-use project (top), designed by Estes Park architect Roger Thorp, was selected the city’s best commercial project design for 2005-06. The offices of Greeley dentists Bryan Casseday and Dan Gamblin (above) designed by Eaton architect Robb Casseday, Bryan Casseday’s father, received the honorable mention in the category. Greeley’s best projects receive city accolades

Thorp said. “It’s nice to have the city say, at Biennial ‘Excellence in the end of all that, ‘Hey, you did a great job with that.’” Community Design’ Eaton architect Robb Casseday, in designing offices to house a dental practice awards recognize four for his son, Bryan Casseday, and his ortho- dontist partner, Dana Gamblin, first chose By Tom Hacker a west Greeley perch for the building with [email protected] sweeping mountain views at the Fox Run Business Park. GREELEY – In recognizing the best of “They wanted to do something that was Greeley’s newest public and private com- really a cut above,” Casseday said. “They mercial building projects for the 2005 and wanted a building that stood out, that took 2006, Community Development Director advantage of the views. They bought into Becky Safarik called the new buildings the that park thinking it was the right place to city’s “calling card.” build this.” Together, they “reflect a city’s personali- For his efforts, Casseday earned the hon- ty and values and can be an effective tool to orable mention for the two-year judging help attract new business and residents,” period in the commercial category. she said. Casseday, who formed Casseday Cre- Four projects — two of which the city ative Design three years ago after a career owns as part of the voter-approved “Quali- designing industrial buildings for ConAgra ty of Life” capital investment program — Foods, said he was proud to be in the com- were identified for the awards bestowed in pany of longtime friend Thorp. late July. “Roger’s the guy I’ve been trying to “From the reaction and response we’ve emulate with my company,” Casseday said. had from several of our clients, it means “He’s got a lot of award-winning projects.” something for them to be recognized in this Two city-funded projects, both designed way,” said Roger Thorp, principal of Thorp by Denver-based sports-design specialists Associates of Estes Park, whose design for Sink, Combs, Dethlefs Architects PC, won the Harvest Modern Country Kitchen the institutional awards. The top honor restaurants in west Greeley won the top went to the Twin Rivers Park & Family Fun- commercial division award. plex in west Greeley, and the honorable “Owners of these projects go across all mention to the Greeley Ice Haus sports the hot coals in the development process,” center in downtown Greeley.

20 The Northern Colorado Business Report Aug. 3-16, 2007

FOR LEASE Going over the line Starting at $9.00 per SF + NNN The Longmont City Council is working out how it would annex 313 acres for LifeBridge Christian Church’s Most spaces are easily divisible proposed Union development project, shown on this map in green. The development includes housing, retail and buildings for religious use, and annexation subsequently push Longmont’s city limits, shown in F LEXIBLE OCCUPANCY yellow, farther into Weld County. The council is scheduled to vote on the annexation Aug. 14. LifeBridge 800 to 30,000 sq ft available already has approval from Weld County commissioners for the development, but would require county rather than city infrastructure should the annexation be denied. OFFICE - RETAIL - LAB Warehouse space, too Will build to suit 86 PROPERTY LOCATIONS: Boulder County Weld County Timberline & Prospect City of Longmont South College Spring Creek Business Park Lincoln Plaza Union FOR ADDITIONAL INFORMATION PLEASE CONTACT: Reservoir John Slack (970) 482-4800 Email: [email protected] N 9th Ave.

Personalized Civil Engineering Services Line Road County

119 • Residential and Commercial Land Development Providing • Public Improvement Projects 119 exceptional civil • Site Grading engineering • Roadway and Parking Design services to clients SOURCE: LONGMONT CITY COUNCIL • Utility Design throughout Colorado LIFEBRIDGE, from 15 objections to the project. • Drainage and Stormwater Management “The church is using its tax-exempt sta- tus to do a commercial development at the utilities. financial expense to Longmont,” he said. 1435 W. 29th Street, Loveland, Colorado 80538 The size and scope of the project have Juday said he wants the city to put the Phone: 970-461-2661. Fax: 970-461-2665 sparked concerns among Longmont resi- church’s plans on the ballot and allow vot- www.dmwcivilengineers.com dents and city council members. ers to decide. The main issues are: Dickey said neither the church nor 4C I Tax exemption: The development has any expectation that the residential and would include housing, retail, buildings for commercial parts of the development religious use, a sports arena, preschools and would be tax-exempt. retirement facilities. The dilemma for the “We are not looking for any exceptions city is figuring out exactly which buildings on the tax issue,” Dickey said. “We don’t are tax-exempt and which aren’t. expect any special treatment.” I Vesting: The church has asked for vest- Longmont city staff had proposed revis- ed development rights, which means the ing the annexation agreement to say the project would be able to follow the devel- entire development — except for the opment laws currently in effect for different church’s worship facilities, fellowship hall, lengths of time — seven years for the resi- classrooms and offices — would be subject dential, 15 years for the commercial and 40 to sales, use and property taxes. years for the religious and civic aspects of But Dickey said that requirement would Proud to be a Union. It’s unusual for developers to get preclude any other nonprofit, such as a vested rights. The standard vested rights for hospital or a community college, from Mercury 100 residential developers are three and a half moving into the development. That would Get Floored! years, said city council member Karen put Union at an unfair disadvantage from a Company Benker, who voted against the project in business standpoint, he said. early July. City staff will look again at the tax- I Financial impact: Economic impact exemption part of the annexation plan and studies done by the church and the city resubmit it to the council in mid-August. show Union, estimated to cost $700 million to develop, would produce $1.2 million a In the trenches year for the city in tax revenue. But the Benker said she is wrestling with the development would also cost the city idea of a church acting as a residential and Today’s products, money because of the need for a fire sta- commercial developer. tion, a pedestrian underpass on Highway “This is a church that has formed a land superior service at 119 and the possibility of adding two lanes development company,” she said. “It’s not to the highway to accommodate increased the role we’ve all grown up to expect a warehouse prices traffic, Benker said. Dickey said the devel- church to be. This is a highly unusual and opment would be a benefit to Longmont unique role LifeBridge is playing.” Carpet, Tile, Stone, Granite, because it would boost the city’s sales tax Beyond the annexation plan, LifeBridge Hardwood, Laminates, and revenue and building permits. has also asked to create a metropolitan tax ElDorado Stone I Height of buildings: Several church district to pay for amenities and develop- buildings could be located at Union, and ment features, such as parks. Discussion on We now offer interior the church has asked to build them as high the metro district would start if and when design services as 75 feet, which would require an exemp- the annexation is approved. tion from the city’s 45-foot limit on build- If the city council denies the annexation ings within city limits, said Longmont plan, Union would have to seek its water 3597 Draft Horse Ct. Planning Director Brad Schol. and electric utilities from special districts in Loveland, CO 80538 unincorporated Weld County. Dickey said Southeast of I-25 and Crossroads Blvd Line between church and commerce 4C has a plan if that happens, but he R ichard Juday, a Longmont resident for declined to discuss the options. 970.667.6444 six years, said he objects to a religious orga- “We already have the options laid out, www.westernfloors.com nization operating as a commercial but we’re committed to staying in the Northern Colorado’s Premier Flooring Showroom business. Juday started a Web site, trenches and working these issues out with www.whatsinitforlongmont.org, to voice Longmont,” he said.

Aug. 3-16, 2007 The Northern Colorado Business Report 21

REAL ESTATE & DEVELOPMENT Water Valley Senior Resort atypical retirement complex

Good Sam amenities promise good fun for residents over age 55 By Luanne Kadlub [email protected]

WINDSOR — If the free golf doesn’t win you over, maybe the outdoor hot tub will. Only catch is you have to be 55 or over to enjoy these and a long list of amenities. The Good Samaritan Society’s Water Valley Senior Resort is on track to welcome new residents this coming spring when moving vans from as close as Windsor and as far away as Waco, Texas, start showing up, said Randy Fitzgerald, regional director for the Good Samaritan Society headquartered in Sioux Falls, S.D. The $35 million, 245,274-square-foot facility joins 284 Good Samaritan senior facilities in 24 states. With five stories — the tallest building thus far in Windsor — the senior resort is hard to miss. “It’s going great,”said Doug Dohn, president of Dohn Construction. “We’re right on schedule. We got a little behind through the winter, but we got caught up with the Courtesy Vaught Frye Architects additional structural steel crew we brought in.” RETIRE IN STYLE — Good Samaritan Society’s Water Valley Senior Center in Windsor is hard to miss at 245,274 square feet and five stories high. The complex, for residents See GOOD SAM, 24 age 55 or older, includes a bank, convenience store, library, chapel and free golf.

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22 The Northern Colorado Business Report Aug. 3-16, 2007

“We’ve done a nice job of staying fairly neutral, and this lets us go both ways.” Kirk Kindsfater, M.D. President Orthopedic Center of the Rockies

BOYD LAKE, from 15 who had keen competition from developers of Centerra and PVHS, both of which tried to lure the surgical practice to a site nearer the new hospital. “We looked very closely at the hospital at Centerra,” said Kirk Kindsfater, M.D., OCR’s president. “There were so Courtesy John Dengler & Associates many restrictive covenants there that we decided this was a much better way for OCR'S NEW ROOST — F ort Collins architect John Dengler, who is collaborating with landscape architecture firm BHA Design Inc. on the Boyd Lake Village project, drafted this conceptual sketch for Orthopedic Center of the Rockies new Loveland location. us to go. We’ve done a nice job of staying fairly neutral, and this lets us go both ways.” us come in puts them in a pretty good doing, is in line with what I want for this with cancer. Centerra President Rocky Scott said the position.” development.” “That was Kirk’s (Dando) idea,” McFer- covenants that Kindsfater referred to were Another major medical practice, one McFerran said he hoped the new offices ran said. “He managed to get that through drafted by PVHS to protect its interests, with a need for as much as 150,000 square would open in about two years. Loveland’s process. It’s such a wonderful and not by Centerra. feet of space, is also scouting the Boyd When they do, doctors and patients will tribute to him. He was a great man.” Kindsfater said members of the practice Lake Village location, Dando said. enter the professional park from Eisen- were aware of what the Boyd Lake Village “It’s fantastic that OCR made this hower Boulevard by turning onto Editor Tom Hacker covers real estate for selection meant for Dando and for Centerra. choice,” Dando said. “They really are a Horstman Place, a new street named in the Northern Colorado Business Report. “We’re very much an anchor,” he said. bunch of high-integrity guys. Their vision, honor of OCR surgeon James Horstman, He can be reached at (970) 221-5400, ext. “For those developers to have someone like and the quality of what they’re looking at who died last spring after a two-year battle 223 or at [email protected]

Aug. 3-16, 2007 The Northern Colorado Business Report 23

Fine legal line taking out piercings are things students are But even when it’s not in the handbook, graded on. “I think it’s better to Stolen cautions employees, a company still “(Getting a tattoo is) kind of the big might not tolerate the tattoo you come to thing now with the younger people,” she spell out those the interview with or get down the road. It’s said. “They do that before they realize that a fine legal line, but a company that doesn’t at some point in their life, they’re going to things.” specify rules about tattoos and piercings in want to look professional. For them it’s a its dress code policy can probably still get way to express their individuality. That’s will do more than get you in the Mark Weaver around that to find another reason not to fine, when you are not on your job. But hire you — or to fire you, she said. when you go to your job, that’s where you know about Northern Colorado general manager “It’s how professional are they,” accord- need to rein it in a little bit.” Colorado— When you subscribe ing to JoAnn Caddoo of the Institute of In her experience, Caddoo says the med- for Employer Solutions Group Business and Medical Careers in Fort ical and paralegal programs don’t tolerate to the leader in business Collins. “You can hire or not hire someone the visible tattoos and piercings. In thera- coverage you’ll also receive a based on how professional they are.” peutic massage, it’s a more creative endeav- TATTOO, from 9 As director of career services for the or, employees aren’t going to an office every institute, Caddoo works with employers to day, and the employers don’t seem to mind body art. der their chances. We always tell our associ- connect students with internships and jobs “Bottom line,”Stolen said,“whether it be ates to keep them covered for interviews.” in fields like medical assisting, accounting, tattoos or personality, if there’s not a fit, it’s Employers can discriminate when it therapeutic massage and paralegal services. $50.00 not going to work anyway.” comes to tattoos by outlining such restric- In mock interviews, covering up tattoos and gift certificate to the tions in their dress code, and many companies do have dress codes that specify no visible tattoos or body-piercing jewelry. “It has a lot to do with a company’s culture,” Stolen said. “In light industrial and warehouse, I think it’s changed a lot. It’s very acceptable.” She doesn’t even think twice about staffing people with tattoos for machining Hidden away on Canyon Ave. and mechanical assembly jobs at major employer Woodward Governor, for example. in Old Town Fort Collins “They never say anything, and they’re very conservative,” she said. But, she adds, if the company was looking for someone to work the front desk, they J Yes! I want the 3-year might specify no tattoos. “I don’t see it changing a whole lot in a professional environment.” subscription offer (78 issues) at $129.97. Upon receipt of All over the board Mark Weaver, Colorado general manag- payment I will receive a gift er for Employer Solutions Group, said his clients are all over the board when it comes certificate for dining at the to tattoos. In fact, he just hired a man cov- Canyon Chop House ered in tattoos for a custodian job. “(The company) didn’t care because what they were looking for is work ethic and he had Name great references to back him up.” On the other hand, Weaver just talked to Title a woman who was dismayed her boss had asked her to take out an eyebrow ring. At the law and civil engineering firms he works Company with, he says tattoos better be covered. Weaver recently wrote an article for the Address Loveland Chamber of Commerce, called “What Not to Wear to Work.” “If you have a well-crafted dress code in City/State/Zip your employee handbook, and if you enforce it consistently, you’re well on your Phone way to having employees dressed appropri- ately for your workplace,” he wrote. “Like any policy or practice, dress codes cannot Email discriminate on the basis of gender, ethnic- ity, disability or religion. Your company’s Payment method dress code should be based on factors such J Check J MasterCard J Visa J Am Express as personal safety, business necessity, and corporate image.” Card# Exp. Weaver advises clients to decide what they want their policy to be and to stick to it. Signature Date The laws on discrimination can be open to interpretation, so it’s best to let employees Mail or Fax form to: know from day one if you don’t allow visible Northern Colorado Business Report tattoos or body piercings. That way, your POST OFFICE BOX 1399, FORT COLLINS, CO. 80522 new salesman might not show up on day six ph: 970.221.5400 fax: 970.221.5432 with a boa constrictor on his neck. And if he does, you’ll be justified in firing him. Prepaid orders only. We accept payment by check, “Basically, the issue is a lot of employers money order, Visa, MasterCard or American Express. don’t get specific on dress code policy,” One year = 26 issues subscription rate $49.97 Weaver said. “They just tell their employees to maintain a professional image.” Three years=78 issues subscription rate $129.97 The problem is an employee might think his tattoo looks perfectly professional, while his employer does not.

Hospital “I think it’s better to spell out those spy wars NEWS ‘Competitive intelligence:’ Oak Street gets $ 1 Let’s get to funky features 4-10, 2005 know one Feb another things,”Weaver added. “Put it in the hand- Fort Collins plaza Vol. 10, No. 10 goes with whimsy ww.ncbr.com Page 10 in new design w Page 2 book so employees are aware of it and Business unusual: Non-profits go retail in ventures to prop up shrinking donations Page 5

o start the new don’t go do something that’s going to cre- Bankers apply for new charter inBankF.C. of the West t SPECIAL e said a commitment and bank. H ould o the community w REPORTS y First duo to lead start-up close tie t llins risten S. Bastian Ex-Communit dation of Fort Co K the be the foun [email protected] San Francisco-based Bank of ommerce Bank. ny BancWest C tuni- merce Bank. est’s parent compa There is tremendous oppor eady or W ommunity “ , relation- ate a situation.” T COLLINS — R “This is going to be a local bank oration acquired C rovide a high-touch FOR Corp ty to p d, local investors nc. in a $1.2 bil- xperience to not, Fort Collins is getting another with a local boar First Bankshares I ship-based banking e anch, but a new ” Nalezny said. oncluded in s,” Kross said. bank. Not just a br and local decisions, lion transaction that c eople in Fort Collin e a broad-based nsition from p gral part of te charter. The intent is to hav vember. The tra intend to be an inte sta rd Nalezny “ ” No “We e nking veteran Gera l investment group. unity First National Bank unity and that means w Ba b th loca Nalezny’s Comm ed in this comm This is the antithesis of e our loan decisions her 24 The Northern Colorado Business Report Aug. 3-16, 2007

GOOD SAM, from 21 came over for a tour.” The living center includes 116 residential units and offers 12 different one- and Dohn said construction has been two-bedroom floor plans, each with a den, straightforward “for a building of that size.” kitchen and gorgeous views. “We are just It’s also, he added, “been a fun project.” trying to create different options for our A senior living center fun? potential residents,”Fitzgerald said.“Differ- Innes Henderson, a designer with ent room sizes, different room configura- Vaught Frye Architects and the go-to-guy tions, some husband-and-wife suites. We’re for the Water Valley project, shares Dohn’s just trying new things.” perspective, noting there are many ele- The average monthly rent is $2,900 per ments to the building — the Town Center person and includes two meals daily, utili- being one of them — that are atypical of ties, housekeeping, parking and education- senior living centers in general. al, recreational, leisure and social opportu- “To my knowledge, Vaught Frye has nities. “There’s no admission fee, no buy-in never done an outdoor hot tub before,” he fee, just a straight month-to-month lease,” laughed. “And if we have, it’s not been on a Fitzgerald said. A $2,000 deposit holds the second floor.” apartment. Natural stone, stucco and a composite Public tours of the center tower are slate-like roof will clad the exterior. expected to begin after the first of the year, Upon entering the center, visitors and Jensen said. residents alike will be greeted by a two- The second phase of the Good Samaritan story Town Center that will include a bank, Water Valley Resort will begin in 2008 with the convenience store, coffee lounge, library, construction of 24 twin homes, or 48 resi- chapel/theater and dining hall. dences, and a 24-unit assisted living facility. “We’re making it very homelike,” Hen- These will be built north of the first phase. The derson said, adding that it will be akin to second phase is projected to cost $12 million. strolling along a “pedestrianized street.”Sky- Martin Lind, the mastermind behind all lights will add to the faux outdoor ambiance. that is Water Valley, donated an additional A Great Place to do Business! 10 acres to the Good Samaritan Society on Great Access Great Opportunity Great Community L easing under way which the not-for-profit organization plans • Located on I-25 • Enterprise Zone tax • Exceptional Schools Though construction won’t be complete to build affordable/HUD housing. • 1 Hour from DIA Incentives • Affordable housing for months, leasing is well under way, Fitzgerald credits Lind and his vision, as • 30 miles south of I-80 • Growing retail & • Numerous recreational according to Dawn Jensen, director of sales well as his generosity, for making the Water • Bubrlington Northern & service opportunity opportunites and marketing. Twelve units are spoken for Valley Senior Resort a reality. The free golf? Sante Fe Railroad • Pro-business town with another 17 in various stages of com- Lind made it happen. • 10 minutes to Fort Collins government mitment. “I was at the Crazy Cow (a small, Fitzgerald also noted that Good Samari- educational dairy that sells to-die-for ice tan will, in fact, be building at Water Valley One of the fastest growing communities in Colorado cream and other items right off Fifth for at least the next eight to 10 years. Build- Street) and happened to have a folder with ing what? “I don’t want to spill the beans For further information contact the Wellington Area Chamber of Commerce at: 970-568-4133 me when I ran into an older couple. We just yet,” he hinted. email: [email protected] started talking about the center and they Stay tuned. www.wellingtoncoloradochamber.com

ARTS, from 2 options — movie theaters, Netflix, music venues, live sports events, satellite TV, and more — to choose from and fewer discre- Don’t Botch it, to its own Pick Five program about three tionary dollars to spend. years ago. In 2005, at the California Center for the by choosing a big bank for the job Segal said the keyword in reaching out Arts in Escondido, the city’s director of per- to potential show attendees is flexibility. forming arts was forced to resign over “People don’t want to be stuck in one slumping ticket sales. Get a cONSTRUCTION LOAN series,” he said. “With this option, they feel Suzanne Blandon, associate director of FROM FIRST COMMUNITY BANK. they have more control.” communications at the Denver Center for Segal said UCCC has also become more the Performing Arts, said even in a city with creative in how it allows people to pay for more than a million possible show atten- their tickets. “We’ve tried to make it easier dees, it’s been hard to sell out performances for people to buy tickets with a monthly post-9/11. payment,” he said. “Sixty dollars a month is “Since then we have seen a decline in our a lot easier to deal with than $360 right off subscription rate,” she said. “People are the top.” more reluctant to commit in a softer econ- Segal said UCCC noticed ticket sales omy, but at the same time we have seen our dropping off after Sept. 11, 2001, and has single-ticket sales increase.” had to struggle to sell out its 1,700-seat per- Blandon said the DCPA has focused on formance hall. single-ticket sales and made some modifi- But Weld County is growing quickly in cations in its subscription ticket offerings population, he noted, and that presents to battle the drop in overall sales, although opportunities to bring in new residents with it has not yet adopted an a la carte-style sea- popular shows and creative marketing. son ticket offering. “We’re trying to be as modern as possi- Blandon said one tactic DCPA adopted ble and reach people in as many ways as last year is a “Marquee Club” that requires WE HAVE A GREAT TEAM OF EXPERIENCED REAL ESTATE AND CONSTRUCTION LENDERS, possible to reach out to the ‘newbies’ in the patrons to commit to only four shows. “It’s WHO CAN OFFER YOU A TRUCKLOAD OF CHOICES: area,” he said. aimed at a younger crowd (that) doesn’t • RESIDENTIAL CONSTRUCTION • ACQUISTION & DEVELOPMENT That includes a monthly e-newsletter, he want to commit to eight or 10 shows,” she said, and sometimes hiring people to go said. • COMMERCIAL & MULTI-FAMILY • MORTGAGE FINANCING door-to-door dropping off doorknob Blandon said lagging ticket sales is “real- hangers in selected neighborhoods. “It’s a ly a national phenomenon” and one with continual struggle to find new audiences to which everyone’s trying to cope. “We are come down here.” not immune in the big city to feeling that,” NOT YOUR TYPICAL BANKERS. And then there’s the tried-and-true she said. NOT YOUR TYPICAL BANK. that’s always worked in the past. “We’ve Herlihy said the bottom line for perfor- found that word-of-mouth — people mance arts venues is they have to get more FOR MORE INFORMATION, CONTACT: telling other people — is still the best creative in luring patrons into their halls. Don Zook • 303.729.3987 advertising we can have.” “The lesson is we have to adjust our marketing to adapt to the people we’re try- Gail Grant • 970.225.4980 National trend ing to reach,” she said. “You can’t be one www.FCBcolo.com Ticket sales for performance arts venues thing to all people. Our job is to offer are generally sagging across the nation, as enough opportunities to appeal to every- Member FDIC EQUAL HOUSING LENDER busy people have a variety of entertainment body.” Aug. 3-16, 2007 The Northern Colorado Business Report 25

MARKETING, from 9 used to describe your “products” and “services.” Now, tear it up and throw it away. Every rule can be changed, especially when And start thinking more creatively. your business is at stake. Let Our Reputation Precede You Ask your customers for answers Cure their pain If you’re losing business to lower-priced The re is no longer a sharp distinction competitors, you’re probably wondering between “my” business and “your” why your customers don’t see that you business — my business is helping you to offer better quality and friendlier service. succeed in your business. We’re all selling Are they stupid or just nearsighted? solutions that are bigger than old-fash- Whether you’re running a small ioned “products,” and unless you address a business or a small unit in a large business, real source of business pain that your cus- the answer is the same: Leave the building tomer feels, you’re vulnerable. immediately. Once you’ve discovered where your cus- Serving Northern Colorado for 20 years Call two dozen customers and line up a tomer feels pain: Cure it! Use all your resources, not just the usual combination 970-206-8300 full menu of breakfasts, lunches, dinners www.homesincolorado.com and coffees. Get them out of the office for of product-specific, performance-oriented variables. Leverage all of your assets to re- Home of the Best Agents® Your RE/MAX Commercial Associate a chat at whatever time of day will make is your single point-of-contact to the most responsive and results- them feel most relaxed. conceive your “product” and build value: oriented team of professionals in commercial real estate. Last week, I spent an hour with a your technology, service, production or Each RE/MAX® office is independently owned and operated. client’s customer at 7 a.m. on a Saturday, financing flexibility, market and applica- because that was the only time he wasn’t tion expertise, dealer/distribution network, working flat out to fill orders. We kicked supplier relationships, cash — everything. back, drank coffee, talked about his If you see an opportunity but lack an business — and sure enough, a series of essential component, find a partner. Commercial Real Estate promising ideas emerged. The following Tuesday I met another Reject the ‘parity’ excuse customer at exactly 1:15 p.m. at the local When product development has with- McDonald’s. That was the only time he ered and margins are tight, many people could get away from his jobsite and relax are quick to declare theirs a “parity” prod- for an hour. It was also a great opportunity uct (essentially the same as the competi- to test-drive some new-product concepts tors’) in a “mature” market that demands we had been developing. price-driven promotion. It sounds logical, When you engage with customers — but in most cases this is just another especially customers who are experienced example of defeatist thinking that prevents and candid — there’s no end to what you real progress. can discover. Several years ago, I collaborated on a project with GE Plastics, in which we pro- Customers aren’t stupid moted pre-blended plastic pellets. Plastic For starters, presume that your cus- pellets. Do you know how many compa- tomers are actually not dumb. They’re nies sell plastic pellets made with the same locked in their own struggle between sup- raw materials? pliers and customers. When they tell you I admired their team because they had 1530 Riverside Avenue, Fort Collins that you have to cut your price, it means created 12 ways to differentiate their two things: “product.” They cleverly wrapped their Building: 8,177 SF Lot size: 47,002 SF I They’re being pressured to reduce pellets with so much value that they were their price to win or hold onto an order. able to command a solid price, preserve a Sale: $899,470 I You have not motivated them to pay a healthy margin and cut favorable con- higher price for your product. tracts. It wasn’t smoke and mirrors, either. NOW LEASING What is that telling you? You have failed They simply addressed the everyday to offer value that distinguishes your prod- business challenges that torment their cus- uct from others, or have failed to commu- tomers. They changed the game. nicate it effectively. All this talk about getting in touch with If you’re stuck in price-driven competi- your customers is not just another spoon- tion and your margins are disappearing, ful of ersatz Chicken Soup philosophy. It’s a reminder that marketing is not essential- change the game by changing your per- 2120 Milestone Drive, Fort Collins spective. Talk to customers about their ly about data or clichés like “price sensitiv- 10,009 SF Professional Office Building 3003 E. Harmony Road, Fort Collins business, not yours. Find out what makes ity” and “mature” markets. It’s all about Sale: $2,300,750 Lease: $18-$22/SF NNN people, the people who will say “yes” when 3,000 - 50,000 SF Class A+ Office Space their business tough. Look for ideas that Lease: $20-$23/SF NNN will make their business easier or more you ask them to buy — if you offer them profitable. the right “product.” Now, find the synergies between those ideas and what you offer. Where can you Don Condit is president of Condit Mar- make connections? keting Communications Inc. in Fort Collins. If this effort seems like a distraction, To join the discussion, send questions or write down the definition you’ve always comments to [email protected].

Drake Professional Park 2310 E. Prospect Road, Fort Collins 363 W. Drake Rd., Fort Collins Main level: 1,500 SF Upper level*: 2,450 SF 863 SF - 12,060 SF Office Condos $10-$12/SF NNN Sale: $115-$145/SF

Skyline Center for Health, 2555 E. 13th St., Loveland 4812 McMurray Ave., Fort Collins 3,906 SF, 2nd floor, Medical Office Space 4,500 SF Flex/Industrial $21.50/SF NNN Lease Lease: $10/SF NNN

Rick Callan or Pete Kelly Everitt Commercial Partners, LLC. 970-226-1500 3030 S. College Ave. [email protected] Fort Collins CO, 80525 [email protected] www.everittcommercial.com

26 The Northern Colorado Business Report Aug. 3-16, 2007

BlackBerry 8800, Pearl and Curve models. OTTERBOX, from 3 Richardson said the company is also working on cases for several models of HP hand- “We were in line with everyone else on held computers. Friday,” he said. The move to a more professional- Since he is designing the case, Morine friendly OtterBox allows the company actually uses the iPhone, a big upgrade some new opportunities. For example, the from his “normal” — non-PDA — cell broader application makes it appealing for phone. So far, he has experienced a few cell phone service providers to offer to their bugs. His work e-mail address isn’t sending customers. Richardson explained that car- and receiving correctly on the iPhone, riers have not been interested in the rugged although his personal one seems to work case, a more specialized product with high- fine. Also, he is unimpressed by the speed of er price point than the sleeker version — the data network — likening it to dial-up. $99 to $129 versus $49.95. On the plus side, “the interface is really “They’re much more apt to carry this intuitive and easy to use,” he said, adding one,” he said of the new design. that the image quality for photo and video viewing is “amazing.” Retooling for relocation Both Richardson and Morine agree that Otter Products is experiencing a few the iPhone is a consumer-oriented product. other types of new designs now, too. “It’s a really cool device,” Richardson The company is retooling plans for a said. “It’s geared toward the guy on the new location. Last year, it was preparing to street; it’s not a business phone.” rebuild an Old Town property it purchased And the “guy on the street” is already in 2005. However, Richardson is now eye- clamoring for protection for the high-end ing a larger space. device. Otter Products’ phones have been Otter Products has the former FedEx ringing off the hook with customer building on Buckingham Street in Fort requests for an iPhone case. Collins under contract. The 30,000-square- foot facility would need some remodeling Clear screen for touch screens to maintain the company’s creative culture, O tterBox cases have a heavily patented according to Richardson. clear screen covering that allows devices The move would put all of Otter Prod- with touch screens to function as if they uct’s employees under one roof. Currently, were bare. The rugged cases that the com- most of the 30-person work force is located pany has traditionally designed are shock- in offices on Old Town Square, with six proof, waterproof and protect devices from assembly workers in a warehouse in north particles ranging from sand and dust to Fort Collins. printer toner. Until the start of this year, Otter’s assem- Richardson hopes to have the iPhone bly was done in Los Angeles. Richardson cases available by the end of August. The said he moved the unit to Fort Collins so time to market is a little longer than usual that there would be closer control and because Otter Products is releasing a new quick turnaround. version of the OtterBox for the iPhone If the real estate deal goes through, along with several other handheld devices. remodeling of the facility is not likely to In addition to its traditional, rugged occur until early next year. case, Otter will release a sleeker version, In the near term, Otter Products is busy more of a covering than a box. remodeling its Web site. The company has “This case came out of listening to the cus- been taking steps to make the site more FREE TRIAL OFFER! tomers of the heavy-duty case,”he said. Many interactive, with features such as Planet Try Office Evolution’s live answering risk-free for people were happy with the durability of the OtterBox. Customers are invited to post photos two weeks. Visit officeevolution.com for details. product, but complained that it was too bulky for everyday use. For some, the completely showing how they use their OtterBox prod- submersible OtterBox was overkill. uct. Every month, the Otter employees The new case doesn’t offer the intensity select the best photo. The monthly $100 winners are then eligible to receive the year- Unchain yourself from the phone and see how productive you can be. of protection as the original OtterBox — it’s not waterproof. But it does offer defense end reward of $1,000. Unlike ordinary answering services, Office Evolution providesofficeevolution.com. you with live answering, against scratches and particles as well as The site is already proving popular. sophisticated management of your calls and ten front-range locations with on- Otter Products spokeswoman Kristin Golli- demand office space. Give us a call at 970-212-3400 or visit shock protection, which Richardson – 970-212-3400 – OFFICEEVOLUTION.COM demonstrates by dropping his BlackBerry her said the site has welcomed more than on his desk, repeatedly. 2,100 visitors in less than a month and TEN FRONT RANGE LOCATIONS – LIVE ANSWERING “I think it’s a whole new direction for received about 40 photo entries. Photo sub- Otter,” he said. “Our niche has been pretty missions have both local — Colorado State tight.” University College of Natural Resource stu- In addition to the iPhone, Otter Prod- dents at Pingree Park — and international ucts will release slimmed-down cases for — a photographer in Antarctica and a steel three other devices in the near future — the fabrication company in Brisbane, Australia.

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Aug. 3-16, 2007 The Northern Colorado Business Report 27

Losing jobs was an outcome that wasn’t Dako A/S on the radar earlier this year. Shortly after FROM THE ARCHIVES Dako announced it would be purchased by Founded: 1996 Swedish private equity firm EQT, Management: Patrik Dahlén, CEO Find related stories in the Northern Colorado Coughenour predicted that there would be Business Report archives at ncbr.com: Headquarters: Denmark no major changes under the new ownership. 2006 sales: $313 million “There are no plans for any closures or I “DakoCytomation adds building to prepare for 2 006 revenue: $16 million loss corporate restructuring,” she said in a wave of demand,” 12/10/04 Product/Service: Develops cancer diagnostic March interview. At the time, the Fort I “Dako sails with Swedish ownership,”3/16/07 medical devices. Collins site employed 250. I “Mum is certainly the word on Dako’s buildings,” &200(5&,$/ Employees: 1,300 worldwide EQT finalized the Dako purchase on May 3/16/07 Web: www.dako.com 31, paying 7.25 billion kroner, or about $1.29 billion, for the cancer diagnostics company. SOURCE: BUSINESS REPORT RESEARCH Observers suggest that the company is bers that had quotations on the system, and probably now under pressure to improve its they were interested in purchasing the sys- financial performance. In 2006, Dako tem,” he explained. “I never had any DAKO, from 1 reported losses of about $16 million, com- requests after that. I followed up with those pared to a $5.4 million loss in 2005. hospitals today and neither has the system.” #10&-PEHF'PS4BMF He said one of the hospitals could not pared statement.“It has been a hard, trouble- Product ‘no longer realistic’ pinpoint the reason it did not purchase the some journey to get this far and building “The intention for Eridan to be the plat- Eridan system and the other said it knew new stepping stones for Dako’s workflow form for the future is no longer realistic, as that it was being delayed and not yet avail- strategy.” we are still in the pre-prototype phase and able for sale. The layoffs could have a big effect on the would have some work to do before any pos- Matricardi added that Dako could have local bioscience scene. sible re-launch,” Thommesen wrote. “Nei- been some real competition for Ventana. “(Dako is) a huge player in the medical ther commercially nor financially would it Eridan used a newer continuous feed sys- &0BL4U 'U$PMMJOT devices arena in this community,” said make any sense to continue the project.” tem, whereas the Ventana products offered Kathy Kregel, bioscience industry liaison Dako wasn’t the first out of the gate with only “batch mode.” However, the new tech- for the city of Fort Collins. “It’s disturbing its automated slide-staining system. Seg- nology was not enough to float the project. t)JTUPSJD&MLT-PEHF#VJMEJOHGPSTBMF for such a big player to get dinged.” ment leader Ventana Medical Systems Inc. t-PDBUFE/PSUIPGUIFQSPQPTFEIPUFM Kregel said that the medical devices sec- released its first automated system, the Focus on ‘flow’ DPOWFOUJPODFOUFSJO0ME5PXO tor of the bioscience industry is huge in NexES, in 1997 and followed by its Bench- Going forward, the Fort Collins site will t(SFBUPQQPSUVOJUZGPSSFEFWFMPQNFOU Colorado, but it represents a smaller part of Mark. Eridan actually launched in April continue to focus on the flow cytometry the whole in the Northern Colorado region. 2006, according to a company press release, unit. Flow cytometry is a method used in $BSMPT#BSSFSBT Of the state’s 400 bioscience companies, after two years of evaluations in hospitals the analysis of biological material by detec- 210 fall under the medical devices and and research labs. tion of the light-absorbing properties of -BOE'PS4BMF(SFBU-PDBUJPO instruments category, according to data According to an article in trade journal cells or subcellular elements that pass in a from the Colorado Bioscience Association. MD Buyline last year,Ventana held 68 percent narrow stream through a laser beam. It is “Our medical devices sector is 27 per- of the market, with Dako claiming 21 percent. used to analyze the number and percentage cent of the total (companies),” she said. The article’s author, MD Buyline clinical of living cells in a sample, as well as detect )XWXUH5HWDLO With a smaller portion of the region’s bio- analyst Dennis Matricardi, said that he has- certain cell characteristics. 2SHQ6SDFH 7UDLOV 6XEMHFW science community focused on medical n’t heard much about the Eridan system Dako’s flow cytometry unit is headquar- 3URSHUW\ devices, it could be difficult to reabsorb the since he wrote the article a year ago. tered in Fort Collins and headed by displaced jobs. “At the time we had two hospital mem- Coughenour. 8UI4U (SFFMFZ t"EKBDFOUUP&MLT-BLFT4IPQQJOH$FOUFS HELPING YOU t"ODIPSFECZ)PNF%FQPU ,) <28 7+,1. ,7¶6 ,03266,%/( t"DSFT%JWJTJCMF REACH t;POFEo$) 7+,1. $*$,1 t"DSPTTUIFTUSFFUGSPNPQFOTQBDF MBLFUSBJMT HIGHER GROUND 3PO,PIM (SFFMFZ"SFB3FTUBVSBOU

6OEJTDMPTFE (SFFMFZ t"MNPTUZFBSTPGTFSWJOH(SFFMFZ8FME$P :+$7 :28/' <28 '2 :,7+ $ )(: 025( +2856 ,1 7+( '$<" t(SFBU7JTJCJMJUZ :KDWLI\RXKDGPRUHWLPHWRZRUNRQ\RXUEXVLQHVVLQVWHDGRILQ\RXUEXVLQHVV" t1MFOUZPG1BSLJOH +RZDERXWQHYHUKDYLQJWRZRUU\DERXWRSHUDWLRQVEHFDXVH\RXKDYHZKDWLWWDNHVWR JHWWKHMREGRQHZLWKVHDPOHVVSUHFLVLRQ"6XFKGUHDPVEHFRPHUHDOLW\ZLWK,7, t(SFBU0QQPSUVOJUZ $W,7,ZHGRQ¶WVLPSO\KHOS\RXPDQDJH\RXUGRFXPHQWVZHKHOS\RXPDNH\RXU $BSMPT#BSSFSBT EXVLQHVVEHWWHUE\SURYLGLQJVXSHULRUGRFXPHQWPDQDJHPHQWVROXWLRQV A Colorado Leader +VTU-JTUFE 6DYHWLPH 'PS-FBTFJO(SFFMFZ /RZHURSHUDWLQJFRVWV in UI"WF ///NP ,QFUHDVHVHFXULW\ Engineering & Surveying t 4';POFE$) ,QFUHDVHFXVWRPHUVHUYLFHUHVSRQVHWLPH t6QEBUFE/FX$BSQFUBOE1BJOU t0öDFTo-BSHF$POGFSFODF3PPN 6WUHDPOLQHWKHZRUNÀRZSURFHVVLQZD\VWKDW\RXQHYHUWKRXJKWSRVVLEOH Services t-FBEMJOFESPPNT 6WD\FRPSHWLWLYH:RUNVPDUWHU UI"WF ///NP t 4';POFE$) t"DSPTT'SPN8FME$PVOUZ$PVSU)PVTF t0öDFT $POGFSFODF3N ,JUDIFO )BSEXPPE'MPPST 8UI4U (SPTT A Westrian Company t-FBTF.BJO-FWFM 4' PS-PXFS-FWFM 4' t"MM0öDFTJOMPXFSBSFEBZMJHIU Colorado Springs Denver North Denver Fort Collins t,JUDIFUUFPOCPUIMFWFMT '2&80(17 /,)(&<&/( 6(59,&(6 719.593.2593 303.740.9393 720.872.9850 970.491.9888 t8FTU(SFFMFZ;POFE$- 3K:HEZZZLWHFKFRORUDGRFRP EOE / AA 3PO,PIM

28 The Northern Colorado Business Report Aug. 3-16, 2007

POWERTECH, from 1 and purchased Col- uranium. Demand was light through the orado-based Denver late 1970s, ’80s and ’90s, as nuclear power Uranium Co. Co-man- fell out of favor. As the world moves away that’s created some fears in Weld County.” agers of DUC Richard from fossil fuels and more nuclear reactors In-situ recovery About 350 people attended Powertech’s Clement and Wallace are built, however, the price of uranium has mining first public meeting in Nunn on July 19, Mays became president skyrocketed, tripling since 2005. where many expressed concerns about the and CEO and board Last year, Powertech purchased a num- In-situ recovery is a means of extracting operation endangering underground water chairman, respectively, of ber of uranium claims from Anadarko uranium from underground deposits by the new company. Petroleum Corp., a Houston-based oil and drilling holes and injecting a solution of quality — and their health. CLEMENT Powertech officials say the uranium In June 2006, the gas development company, including min- water and baking soda into those deposits. mining business is strictly regulated, closely company changed its name to Powertech eral rights in a 6,000-acre area in western Here’s how it works: monitored and the company’s Weld County Uranium Corp. and moved its headquarters Weld County. I The solution naturally dissolves the urani- operation — if permitted by the state — from Vancouver to Centennial, just south of Powertech claims there are an estimated um in the ore. Nearby pumping extraction will pose no significant risk to groundwater Denver. The company, which is publicly 10 million pounds of uranium oxide or wells draw the solution through the ore supplies or human or animal health. traded on the Toronto Stock Exchange U3O8 within the boundaries of the Centen- sandstone and pump it to the surface to an under the symbol PWE, retains an adminis- nial Project, as the company refers to its on-site processing facility. Who is Powertech? trative office in Vancouver and has an local operation, based on historical drilling I The uranium is then separated from the P owertech Industries Inc. was founded exploration office in Albuquerque, N.M. records and studies conducted by Rocky recovery solution and transported to a cen- in Vancouver, British Columbia, in the late Clement said Powertech was formed to Mountain Energy Co. Rocky Moutnain tral plant for further processing, where it is 1980s. The Canadian company was a heat- target already-discovered uranium deposits Energy, a wholly owned subsidiary of dried into a uranium oxide (U3O8) product ing equipment manufacturer until last year, and to extract them as quickly as possible to Union Pacific Railroad, owned the mineral called yellowcake. when it sold its heating equipment business take advantage of a fast-growing market for rights before selling them to Anadarko. I The solution used to extract the uranium With the spot price of uranium now is recycled and reused in the closed system. around $130 per pound, that could bring in Monitoring wells placed around the extrac- more than $1.3 billion. tion site let miners know if aquifer ground- Clement said Powertech doesn’t plan to water is about to come into contact with the sell any uranium to international buyers injection holes. such as China or India. Once a site is depleted of uranium, the “There’s a tremendous demand for ura- drilling company is required to pump out all nium in the United States, with 60 to 80 of the polluted water and clean the site with million pounds needed and about 4 million chemicals as part of the site restoration pounds being produced annually,” he said. process. “I expect all of the uranium produced in the U.S. will stay in the U.S. because there is such a demand.” SOURCE: POWERTECH, NUCLEAR REGULATORY COMMISSION Not one pound mined So far, Powertech has not mined one Clement also was employed by Canadian Canyon Chop House pound of uranium, a fact Richard Clement company Uranium Resources. freely admits. Clement said if the state gives its go- “Our company has been in existence just ahead and grants Powertech a permit to Wholesale Art & Framing a little over a year, but we have several peo- start mining uranium in Northern Col- Paintings • Prints • Photography • Mirrors ple on our team with extensive experience orado — which he hopes will happen by On-site Consultations • Delivery & Installation in uranium mining projects,” he said. 2010 — it could mean 75 to 100 jobs and They include: about $2 million to the state in mineral sev- I erance taxes as well as about $700,000 in • Restaurants, hotels, commercial offices, banks, hospitals, lobbies, medical offices Board chair Wallace Mays. Elected to taxes into Weld County’s budget. • Wholesale pricing the Uranium Hall of Fame in 1996, Mays was involved in a number of uranium min- Clement said the company would likely • A large and diverse selection of framing materials and designs ing projects, including the design of the first spend “somewhere between $20 million • Exceptional design by experienced professionals in-situ mine in the United States in 1974, and $30 million” each year on its local oper- • Prompt turn-around time while working as engineering manager for ations for power, labor, supplies and mate- • Beautiful gallery - original art, fine prints, sculpture, pottery - from local, Atlantic Richfield Co. rials. “There’s some substantial benefits on regional and national artists I Vice president for exploration Jim the economic level,” he said. • Access to more than 300,000 art images Bonner. Bonner was formerly employed by Environmental estimates • In Old Town with ample private parking Rocky Mountain Energy, the company that made the original discovery of uranium What about its potential effect on Innovative Solutions for Art in Public Places deposits in Northern Colorado in 1969. Northern Colorado’s environment? I Health and safety vice president CARD spokeswoman Jarding predicts Blubaugh. He has more than 20 years of the proposed project would have a detri- experience at several uranium projects, mental impact.“The uranium industry pol- including the closure and remediation of lutes every community it goes into,” she the Atlas uranium mill site in Utah. said. “I’ve been studying it since 1979 and I President and CEO Clement. A profes- I’ve yet to find one (project) that didn’t sional geologist and former operations result in pollution.” 133 Remington St. • Fort Collins • 221-4208 manager for Mobil Oil’s uranium explo- But William vonTill, chief of the federal www.mekosgalleryandframing.com ration programs in the U.S. and Australia, Nuclear Regulatory Commission’s uranium

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www.mcwhinney.com Aug. 3-16, 2007 The Northern Colorado Business Report 29

Greeley’s fiscal woes UPSTATE, from 1 “We think there’s a level of energy and from a precipitous collapse of the city’s enthusiasm there that we would like to tap The proposed legion of volunteers to homebuilding industry, with a nearly four- into,” Burkhardt said. “We’re interested in engage in recruitment and retention of fold decline in the number of single-family $60,000 to build its new, data-rich Web site, the recruitment of new investor-partners, Upstate financial supporters will work to building permits issued in the past two www.upstatecolorado.org, and committed and in the retention of existing ones.” plug a growing gap in funding from the city years. another $20,000 annually to purchase Burkhardt and Upstate directors chose of Greeley, whose contribution fell by The city has written just 84 permits updated databases. board member and longtime Greeley $15,000 in 2006, from $100,000 to $85,000, through the first half of 2007, compared At the same time, the group received lawyer Jeff Bedingfield to serve as chairman and whose warning of further cuts touched with 198 for the same period last year and word one of its largest municipal partners of the new committee. off the current campaign. 318 for the first six months of 2005. — that Burkhardt identified in a Business “I want to get a younger generation The agency won’t know until early Sep- While Nash and Otto work to draft Report interview as Greeley — would likely invested in economic development and in tember, when City Manager Roy Otto pre- Greeley’s 2008 budget, Burkhardt is hoping cut its support for Upstate as a way of cop- the future of Weld County,” Bedingfield sents his budget recommendations to the city a new municipal funding formula for ing with the city’s own budget crisis. said. council, how deep the next cuts might be. Upstate will generate higher and more con- Burkhardt and Upstate’s board, as part “I think we can benefit from the per- “What Roy’s been doing thus far is noti- sistent funding levels. of a solution for the financial shortfall that spective of a new generation that may see fying all the city’s partnering agencies, Burkhardt and Upstate’s municipal part- caused the group to dip into reserves to things much differently. … Weld County including Upstate, that there will be some ners have agreed on an annual funding for- plug a $27,000 hole this year, have formed is a very wealthy county, but a very con- adjustments in the coming year,” Greeley mula of $50 per $1 million of assessed value an Investor Relations Committee geared servative county. Part of that is the Finance Director Tim Nash said. “We don’t of property in each town and city. toward recruiting “emerging leaders” in younger generation’s failure to get know now what those will amount to. It’s “That’s intended to equalize and stabi- Weld County to help secure greater finan- involved, not that they haven’t been invit- still in flux.” lize financial support, and to some extent cial support. ed.” Greeley’s financial crunch stems mostly that’s working,” Burkhardt said.

recovery licensing branch, said uranium mining has a good track record, especially the in-situ method that has become the industry standard since it was first introduced in the 1970s. “Our experience is — because we have a large number of monitoring equipment at these facilities, and we inspect them, and because any groundwater that would start to get away can be immediately detected — with all these oversights we’ve had a good indication of a lack of impact from these facilities,” he said. The Douglas experience Douglas, Wyoming, is a town of 5,500 about 50 miles east of Casper that has had uranium mining as part of its economy for more than 30 years. About 35 miles north of town is the Highlands mine, owned and operated by Power Resources, a subsidiary of Cameco, a Canadian company that is one of the industry’s biggest players. The Highlands mine started as an open pit but is now an in-situ operation. Ed Werner, Converse County commissioner and a consultant to CANDO, the Converse Area New Development Organization, said the mine has never had a groundwater pollution incident. “Mining in general, and in Wyoming in particular, is probably one of the safest industries we have,” said Werner, a fourth- generation Wyoming native. Werner said the uranium extracted from the mine — called yellowcake once it is processed — has an extremely low radioactivity until it is sent to an enrichment facility. “The bottom line is we welcome it,” he said of the 150 to 200 jobs provided by the mine. “But our local population is very concerned that they do it right and they know we’re watching.” Powertech’s Blubaugh said any mining operation runs the risk of some violation of its license, and there have been numerous violations recorded at uranium mining sites across the nation. But that doesn’t mean they’re unsafe to the public, he said. “It’s important to realize that every business out there has made mistakes that need to be corrected,” he said. “We’re required to report everything that happens. Generally, they’re minor incidents that require only a little clean-up action.” Blubaugh said Northern Colorado residents shouldn’t worry about having a uranium mining operation in their midst. “Basically, they should trust Powertech to the extent they trust themselves to put the right people in office, because it’s those people who will inspect us on a regular basis. And there’s a multi-milliondollar bond in place to ensure that things will be done right,” he said.

30 The Northern Colorado Business Report Aug. 3-16, 2007

A2BE, from 5 On the Web Open Tuesday-Sunday we doing it now?’” recalled Sears. He delved Dinner 5-10pm For more information on the companies men- into coming up with his own ways around tioned in this story, visit these Web sites. the obstacles, including growing the algae in huge, enclosed plastic bags with as few I www.algaeatwork.com/ energy inputs as possible. I www.solixbiofuels.com/ Happy Hour Those ideas resulted in the high-profile Tuesday-Friday 4-6pm launch of Solix last fall. But disagreements 2 for 1 Drinks over some of Sears’ designs led to a parting 8-10pm Nightly Drink Specials of ways with his colleagues at Solix a few ly,” he said. months later. Sears said his pursuit of Meanwhile, Sears and Allen are working algae-created oil goes on with his original to get their version of an algae bioreactor up Wednesday-Ladies Night ideas intact. and running. Sears said he thinks they may 2 for 1 Drinks, 4-Close “I don’t know exactly what they’re doing even collaborate with Solix at some point. 211 Canyon Avenue now,” he says of his former company. “My vision is we’ll work together in var- Fort Collins “We’ve split, like cell division. We’re draw- ious collaborative ways in the future 970.493.9588 Every Sunday ing from the same core of intellectual prop- because what we’re all working toward is a canyonchophouse.com 1/2 Price Bottles of Wine erty and putting our own slant on it.” new industry and that’s going to take us all Sam Jaffe, Solix Biofuels’ business devel- working together,” he said. opment coordinator, said Solix is pursuing “The more people who are out there its own path of research at the Colorado and successful in this endeavor, the better,” State University Engines and Energy Con- he added. “When we get this licked, there’s version Laboratory in north Fort Collins. going to be enough for everyone.” "For the past 17 years I've helped northern Colorado flourish by He has not been closely following Sears or Allen said he believes the A2BE model is providing over $200 million in financing for development, construction, his new company. commercial and residential real estate properties. With 24 years in a strong contender in the race, citing its banking, I have the experience to help your business grow and prosper. “We’re not aware of what his present “extremely low energy use,” its enclosed At Farmers Bank we are proud of our ability to be flexible and creative. plans are,”Jaffe told the Business Report in a “biosecure” algae-growing system and its Come see why we are one of the fastest growing and best performing July 25 interview. “We can say that we have multiple benefits, including animal feed private company's in northern Colorado." a very good relationship with Jim and wish protein, fertilizer, methane gas, pure oxy- him the best in any venture he undertakes.” gen and CO2 capture. 713 S. Lemay Ave. Jaffe said Solix remains on track to “We’re looking at a much bigger econo- Fort Collins, CO 80524 develop its own algae-to-oil model that will my and not being tied to a particular thing 970.221.2020 initially be set up as a demonstration pro- but a mix of products that generate rev- ject for potential partners and investors. enue,” he said. 800.241.4440 Solix is also partnering with CSU, where Sears and Allen say they expect to have a research is being conducted under the guid- full-scale bioreactor operating within the next Jim Miller, ance of Bryan Willson, mechanical engi- two years and to be capturing carbon with the "The Way It Should Be" President of neering professor and Engines Lab director. next four years. That’s about the time they Farmers Bank, Willson said plans call for the 20-meter foresee a worldwide demand for carbon cap- LOCALLY OWNED & MANAGED Fort Collins prototype “bioreactor” now being fine- ture and trading as a way to reduce CO2 emis- tuned at the engines lab to be reproduced sions and slow global warming. on a 100-meter scale at the New Belgium The European Union has had a carbon Brewing Co. brewery in Fort Collins. emissions trading program since 2005, “We’re targeting to get something going with CO2-producing companies in all 27 with New Belgium by the end of this year of its member countries required to buy and full-scale operation going by the sec- carbon credits if they pollute more than a ond quarter of ’08,” he said. The bioreactor cap set by the government. at New Belgium would take advantage of That kind of system will eventually come the brewery’s CO2 emissions to help grow to the United States as well, Allen and Sears the algae. believe. “I think any reasonable person can Willson said nine biologists are working see the writing on the wall,” Sears said. at the engines lab to figure out the optimal Allen said A2BE is having “very mean- growing conditions for the algae to repro- ingful discussions” with a “big science duce most quickly for oil extraction. organization” to help get the company’s model up and running and ultimately into Pro ven technology a commercial version. Jaffe said the algae-to-oil technology has “We are assembling a consortium that can been repeatedly proven on a small scale as truly get this to a commercial scale,”he said. teams of researchers around the nation and Sears said raising money is not the main the world race to find a way to make it obstacle to achieving success. “It takes more Your home away from home is growing! work on a large scale and at the lowest pos- than money,” he said. “It takes long-term sible price. experience in all the disciplines that need to 20,000 sq. foot expansion underway “That’s 98 percent of what Solix is come together to bring this to fruition. Stop in for a tour today and see the plans! focusing on — how to take what’s in the lab “We’re talking about generating a new out to the world and build it inexpensive- industry that’s never existed before.” • 25 meter indoor pool • Supervised child care • Youth activities • Outdoor pool & cabana • Cardio Theatre • Massage therapy • Basketball gym • Aerobics studio • Spin program • Racquetball/handball • Restaurant & lounge • His & Hers steam rooms getUNWIRED! • Outdoor sand volleyball • Hot tub & sauna • Squash • Senior programs A real club, for real people with real lives.

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Aug. 3-16, 2007 The Northern Colorado Business Report 31

TOLMAR, from 3 but Tolmar is moving forward with other ini- tiatives right now. It is in the process of hiring the first sales force in company history to sell Growing several ways its dental products. The company has always T he growth is coming from several direc- contracted with an outside firm to sell the tions. Tolmar’s business is split into three line; however, that firm has decided to switch distinct units — contract manufacturing of its focus to other industry segments. pharmaceutical products makes up 20 per- Duncan said the 35-member sales team cent, generic dermatological products repre- will launch at the start of next year. He sents 75 percent and the generic dental drug added that the company would continue to line represents 5 percent. grow its dental portfolio through develop- “We’re trying to balance the product ment and acquisition. portfolio,” Duncan said. He explained that the company would Already profitable not only like to even out the portfolio by Tolmar is only in its first year as a com- increasing the impact of dental and manu- pany, but it is already profitable. facturing, but also add to the current phar- The company is already planning for Kristen Tatti, Northern Colorado Business Report maceutical lines by beginning proprietary increased research and development spend- drug development. ing. In 2007, Tolmar will spend at least $9 PHARM WORK — Tolmar Inc. microbiologist Michelle Kuhn conducts lab tests at the company's Fort Collins head- Right now, all of Tolmar’s products are million on R&D. In 2008, that will increase quarters. Tolmar was formed out of the divesture of QLT USA Inc.’s manufacturing, dental and dermatology generic, which allows a quicker time to to about $14 million, according to current business units. market, but relatively lower margins. Pro- projections. prietary drug development requires more Tolmar’s strong performance is unexpect- mar. In 2006, Eligard sales were $120.7 mil- in the ocular and dermatology segments intensive research and development as well ed good news, considering the issues sur- lion — an increase of 37.7 percent com- related to the Atrigel drug delivery system. as increased scrutiny from the U.S. Food rounding its last incarnation. QLT acquired pared to 2005. Tolmar benefits from grow- Hayes said the site also conducts some and Drug Administration. However, the Fort Collins-based Atrix Laboratories for ing Eligard sales because it manufactures research on Aczone — a topical acne treat- returns are significantly higher. $885 million in cash and stock in November the product for QLT USA. ment — and Eligard. Duncan said that the move to develop 2004. Since then, the company has navigated After last year’s corporate split, QLT was “Our strategy is to pursue Atrigel in proprietary drugs was part of a long-term a rocky road of disappointing earnings and left with no manufacturing capabilities in ocular and dermatology, and development vision. stock performance and patent battles. the United States, and entered into a con- in Fort Collins is an important part of that “Within the next four to six years, we’re QLT has been in court a number of tract with Tolmar to continue manufactur- strategy,” she said. hoping to have our own proprietary prod- times recently to defend its patents — both ing Eligard at the Fort Collins site. QLT rep- She added that the company plans to ucts,” he said. those developed by the company and resents the largest customer for Tolmar’s divest several Atrigel-related lines that are But it won’t be at the expense of the acquired from Atrix. In February, the com- contract manufacturing operations. not part of the ocular or dermatological company’s generic product lines. Duncan pany settled a patent infringement suit units. Some limited work on the lines to be said that the generic lines will likely contin- brought by TAP Pharmaceutical Products QLT still in town divested is done in Fort Collins. ue to dominate the revenue stream with Inc. over the Eligard product — a prostate For its part, QLT appears to already have Regardless of QLT’s plans, Tolmar will additional product development continu- cancer treatment developed by Atrix. As added to its remaining staff in Fort Collins. continue its growth in Northern Colorado. ing. He estimates that generic drugs will part of the settlement, QLT agreed to pay Therese Hayes, vice president of investor Already, the company is planning for an represent 80 percent to 90 percent of the TAP and its co-plaintiffs $112.5 million, but relations and corporate communications expansion to its building that will allow drug product line far into the future. was granted a non-exclusive, perpetual, roy- for QLT, indicated that there were between more warehouse and manufacturing space. “Our generic products are a way to fund alty-free license to continue the sale of Eli- 35 and 40 employees at the site — up from “We’re firmly committed to staying here the company,” Duncan said. gard in the United States and Canada. 25 when the divesture occurred. and growing this business in Fort Collins,” Proprietary drugs might be years away, That’s good news for both QLT and Tol- QLT USA continues to develop products Duncan said.

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Look What’s Happening In Our Neck Of The Woods... We’re Branching Out To Better Serve You! Unified Title Company of Northern Colorado is joining forces with Empire Title of Northern Colorado :KDWGRHVWKLVPHDQWRRXUFXVWRPHUV" Same Great Pricing Two Convenient Locations Depth Of Talent And A Larger Team More Resources And A Great Technology Blend &DOOXVWRGD\DQGDVNDERXW&70H&RQWUDFWVDQG3DSHUOHVV&ORVHU 8QLÀHG7LWOH&RPSDQ\RI1RUWKHUQ&RORUDGR 144 N. Mason, Suite 7 | Fort Collins, CO 80524 | Phone: 970.672.4170 4745 Boardwalk, Suite D-101 | Fort Collins, CO 80525 | Phone: 970.282.8711

Courtesy Nita Foods Inc.

FLAT-OUT GROWTH — Nita Foods Inc., the maker of NitaCrisp crackers in Fort Collins, is looking to franchise to keep up with demand. National orders for the crackers have tripled production of the handmade snacks.

NITA, from 3 What’s in a NitaCrisp?

Humble beginnings The addictive taste of Northern Colorado’s locally It’s a far cry from the cracker’s humble produced all-natural snack cracker comes from a beginnings in the Pellegrinos’ 550-square- combination of flour, soybean oil, sesame seeds, foot garage. After Paul and his wife Nenita yeast, sugar and salt. The two flavors — traditional purchased the catering business from Dean wheat and spelt — are both low in fat and light on Justus in 1996, they cranked out the crack- calories, tipping the scales at just one point per ers on a manual pasta maker according to serving on the Weight Watchers scale. the recipe that came with the company. “Dean’s sister got the original recipe from a 1967 Washington Post pie ce,” Pelle- grino recalled.“Dean reworked it to remove SOURCE: NITA FOODS INC. the butter from the ingredients.” Because the crackers were labor inten- tor for statewide markets, while sending sive, they were only used for small social them via UPS to other states. gatherings at first. “But people loved it and The system worked well – so far. “Get- pretty soon they were asking to buy a ting them on the shelf is the easy part. pound. So we started selling them out the Keeping them on the shelf has become the back door,” Pellegrino said. hard part,” he said. That quickly grew from several pounds a week to several pounds a day, and was start- Community franchise model ing to cut into the catering business — until “I knew the cracker was good but I kept Sept. 11, 2001, when catering went into a wondering how it could compare with the steep decline. Pepperidge Farms and Nabiscos of the “We were looking for another way to world?” Pellegrino said. “I decided I wanted keep the farm and someone said, ‘Sell to make this a community cracker.” NitaCrisps,’” Pellegrino explained. That led him to Foothills Gateway, a The product’s commercial launching nonprofit organization that supports pad was the now-defunct Bingham Hill Larimer County citizens with cognitive dis- Cheese Co. in Fort Collins, which coupled abilities. Nita employs 10 Gateway workers NitaCrisps with their artisanal cheeses for to package the crisps on site, which benefits tastings. Elliott’s Martini Bar has offered both the company and the employees. NitaCrisps for appetizers from the begin- “We’ve created jobs and we haven’t gone ning. to an automated system,” Pellegrino said. The Pellegrinos then took their wares to “We’re staying with the handmade and local farmers markets. As the season ended, hand-packaging and will continue to create local stores had picked them up: The Cup- more jobs for many levels of disabled board, Jax, Fort Collins Food Co-op, employees.” Beaver’s Market. What’s next for Nita nationally? Then one fateful farmers market in “Our future goal is to franchise and 2003, Pellegrino was in the middle of a pre- bring this same concept to Chicago, New sentation when a regional manager of York, Houston, and Miami, Pellegrino said. Whole Foods Markets Inc. approached him “All major cities have a Foothills Gateway- with a business card. type of population and, with that franchise, “He wanted to open the Fort Collins they can recreate what we’ve done. Each store with the crackers,” he said. major city can handle the product supply The store opened up with NitaCrisp and distribution to those regions. But it has having 40 feet of product visibility in three to be all handmade and all hand-packaged.” locations, and it quickly became one of the That’s not the end of the story. “We have five top-selling grocery items. Other Whole hopes for additional lines of food down the Foods stores in the region picked it up; line for the gluten-free industry and for the soon Wild Oats, Vitamin Cottage and Sun- organic industry. We are looking at having a flower Farmers Market came on board, variety of dips and glazes to accompany the joined by some of the mountain markets in cracker in the future — Nita spread to go 3.9% APR up to 72 months Aspen and Telluride. with that crisp?” Pellegrino quips. with approved credit By 2004, this cracker had spread all over But first things first. “We need to polish Offer expires 8/31/2007 the state. The All Occasions Catering fleet this operation and accommodate the cur- had its hands full with local deliveries, so rent growth of the basic cracker. Then we’ll Pellegrino partnered with a local distribu- talk.” Aug. 3-16, 2007 The Northern Colorado Business Report 33

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34 The Northern Colorado Business Report Aug. 3-16, 2007

EDITORIAL& Northern Colorado BUSINESS COMMENTARY REPORT OFFICE 141 S. College Ave., Fort Collins, CO 80524-2810 (800) 440-3506 • (970) 221-5400 EDITORIAL Fax: (970) 221-5432 www.ncbr.com C0-PUBLISHERS

Jeff Nuttall After the RTA: [email protected] Christopher Wood [email protected] State now has ASSOCIATE PUBLISHER Lori Buderus [email protected] NEWS a role to play Editor Tom Hacker [email protected]

With wreckage of a regional transportation Managing Editor Kate Hawthorne authority proposal now strewn all over the [email protected] Northern Colorado landscape, maybe it’s time Reporters to take a serious look at Plan B. Kristen Tatti Or, better, “Plans B.” [email protected] Clearly, Northern Colorado’s local govern- Steve Porter ments are not ready to collaborate on a regional [email protected] Research Director solution to fund much-needed transportation Kathleen Chaballa projects that would prevent inevitable gridlock. [email protected] The city councils of Fort Collins and Greeley Research Assistant Kate Hendrickson showed that when they both tossed aside years [email protected] of work by transportation planners by voting to Copy Editor/Web Editor stay out of a regional taxing district. Noah Guillaume If a regional funding solution can’t or won’t [email protected] work — at least in the near term — then it’s MARKETING time to look for fixes at a higher level. Marketing Director Scene from Agilent Technologies’ ‘Jayhawker Pond Monster’ Barbecue. Jim Rath The Governor’s Blue Ribbon Panel, a [email protected] statewide policy group with strong Northern ADVERTISING Colorado representation, in May received a Advertising Director Sandy Powell report from the Colorado Transportation [email protected] Department and two independent consultants Where’s the excitement about Senior Account Executives that outlined a set of 15 revenue options for Lindsay Gilliland transportation needs. The alternatives ranged [email protected] Nancy Glen from a 1-cent per gallon rise in the gasoline tax [email protected] to a percentage-point uptick in state sales tax Swift’s 1,300 new Greeley jobs? Account Executives on hotel rooms and rental cars. The options C arol Wood also include: [email protected] I A 1-cent per mile tax on vehicle-miles- Aubrey McCarthy traveled, or VMT tax, a controversial proposal GREELEY — Swift & Co.’s July 26 inevitably result in the hiring of undocu- [email protected] that Oregon is now piloting and that consul- announcement that it will add a second shift mented workers. James Burns tants say would raise $439 million in its first and 1,300 jobs to its Greeley meatpacking And some in Greeley — perhaps a small [email protected] year in Colorado, and nearly $2.8 billion by plant seems to have been contingent — had even expressed hope that Advertising Assistant Suzanne Maestri-Walters 2015. met with a big yawn in the new owners would shut down the plant, [email protected] I Raising the state sales tax rate on vehicles Northern Colorado. believing that that’s the only way to address Classified Account Executive and vehicle parts by a single percentage point, JBS S.A., a Brazilian the illegal-worker problem. Ashlan Geer raising $88 million the first year and $609 mil- company, acquired Such sentiments reflect a dire ignorance of [email protected] PRODUCTION lion by 2015. Greeley-based Swift in the importance of the plant to our economy, Production Manager The report authors set forth other options, early July for $1.5 bil- including spinoff benefits that account for Bernie Simon including increases in state sales and personal lion. Many business, hundreds of millions of dollars. Northern [email protected] Art Director income taxes, that extend beyond highway government and civic Colorado Business Report regional economist Chad Collins users. Those include: leaders had feared that a John Green estimates that another 1,300 jobs [email protected] I Raising the state sales and use tax by .1 new owner might shut PUBLISHER’S at the Swift plant will result in an infusion of Creative Director down the local plant, about $66 million into the region’s economy. James Schlichting percent from 2.9 cents to 3 cents, a step the NOTEBOOK [email protected] report said would raise another $1 billion by throwing thousands out JBS S.A. is clearly a valuable addition to Christopher Wood ADMINISTRATION 2019. of work. NoCo’s cadre of major employers. The com- Accounting I Increasing the current state income tax by Such a closure would pany was founded more than 50 years ago by Cindy Tyrell [email protected] .1 percent, from 4.63 percent to 4.73 percent, have been a devastating blow to the Greeley, the father of Wesley Batista, Swift’s president I.T . Director for individuals and corporations alike. The Weld County and Northern Colorado and CEO.Batista addressed the Greeley Chris Sullivan increase would not substantially change Col- economies, from which we would still be Chamber crowd largely through an inter- [email protected] orado’s business-friendly ranking at No. 42 out recovering a decade from now. preter, and expressed his company’s happi- CIRCULATION C irculation Manager of 46 states that collect corporate income tax. However, JBS has no intention of shutting ness at being part of the community. This Rhonda Doyle Any of these proposals, under the provi- down the Greeley operation and in fact will company clearly has embraced Greeley. [email protected] sions of Colorado’s TABOR law, would require take it to full capacity. That employment As for Swift’s past problems, let’s give Circulation Consultant Joe Chafey voter approval, something the electorate has surge was announced at a Greeley Chamber these new executives a chance to prove their [email protected] demonstrated a willingness to do in 80 percent of Commerce Business After Hours at Swift’s ability to fill these jobs with legal workers. CONTRIBUTING WRITERS & PHOTOGRAPHERS of ballot measures. headquarters in west Greeley. And let’s give them a warm welcome and Ka y Rios, John W. Green, Jessica Centers, Luanne Considering the state faces a transportation But aside from enthusiastic moods on the a thank-you for adding more than a thou- Kadlub, Anne Cumming Rice shortfall of $163 billion, measured in 2008 part of some business and civic leaders, few sand jobs and millions of dollars into our dollars, through 2030, no single revenue in Greeley seem to have taken notice. local economy. option could begin to plug the gap. But getting The reason could hark back to the federal the ball rolling with modest revenue increases Immigration and Customs Enforcement Christopher Wood can be reached at (970) on the state level might help bridge the gap raids on Swift plants nationwide in Decem- 221-5400 or via e-mail at [email protected]. between today, when local entities have shown ber, which resulted in 261 people in Greeley Catch his blog, Woody’s World, at they can’t agree on a solution, to tomorrow, being detained. Some undoubtedly fear that www.ncbr.com. when they realize they will have to. an expansion of jobs at the plant will Aug. 3-16, 2007 The Northern Colorado Business Report 35 LETTERS TO THE EDITOR Now is the time to envision Weld County’s future

its rate of growth — and now in its rate of and other entities? forum to discuss future drafts of the plan Public input needed foreclosures. The county commissioners In a county twice the size of the state of will be scheduled in the future, probably have recently approved housing develop- Delaware, what innovative ideas can we early autumn. to update existing ments in the county consisting of many consider to strengthen our transportation In the meantime, the committee meets thousands of houses, as well as important networks and also be prepared for the regularly from 6 to 8 p.m. on the second comprehensive plan industrial developments such as Owens- doubling in population that the demogra- Thursday of each month at 918 10th St. in Illinois, originally located outside the phers predict for Northern Colorado? Greeley and on the fourth Thursday of Metropolitan districts. Agri-tainment. Windsor city limits. Creating good jobs for our citizens is each month at the Southwest Weld County Mixed-use development. Right to farm. Needless to say, with these sorts of pres- vital to our success. How can we enhance Services Complex in Dacono. The minutes Urban Growth Boundaries. Inter-Govern- sures, economic and otherwise, the Com- economic development within the county of the meetings are available on line at mental Agreements. prehensive Plan will be a vital tool in to achieve prosperity for all? What con- www.co.weld.co.us/compplan. What do these enhancing opportunities for all to prosper. cerns should we have regarding Weld To contact the citizens’ committee with terms even mean and The committee began fleshing out this County water supplies, so that water can your ideas contact Brad Mueller, Long how are they relevant vision in May when for two and a half days be provided to both our farmers and our range planner, or Chairperson Stan Everitt, to our daily lives? they worked in small and large groups city-dwellers? the official spokesperson for the commit- These questions, with futurists and experts in water, agricul- The advisory committee has lots of tee, at 918 10th St., Greeley, 80631, (970) their answers and ture and government, as well as urban and questions, and now they need your help in 353-6100, ext. 3572, their implications are rural design. soliciting the answers. The first set of pub- [email protected]. You may fill out now in the hands of As might be expected, the initial discus- lic meetings — one in the north and one contact information, questionnaires and the Technical Adviso- sions have yielded more questions than in the south of the county — were only receive updates online at ry Committee answers. For instance, with 31 different sparsely attended. www.co.weld.co.us/compplan. appointed in March GUEST municipalities, how do we achieve a bal- Considering our busy lives and the At the least, your involvement in this by the Weld County COLUMN anced, cohesive vision that includes and rep- complications of planning for the future, process will help broaden your vocabulary Commissioners. The resents all the urban areas, as well as all the sparse attendance is understandable. But with the phrases you read at the beginning Pam Shaddock purpose of this citizens’ rural interests? Given the differences between citizen input to compliment the commit- of this piece. At the most, you could per- committee is to evaluate the Weld County corridor from Dacono to tee’s work is critical to its ultimate success. manently affect the future of our county. and update our current Windsor and the remaining geographic areas Now is the time to raise these vital issues. Comprehensive Plan, as we envision the of the county, how do we blend these inter- Look around you; what would you like to Pam Shaddock, Greeley City Council kind of place we would like our county to ests so we all move forward together? What see happen in the future? Member At-Large, is serving on the Techni- be over the next 30 years. specific partnership opportunities exist for As the update to the Comprehensive cal Advisory Committee for the update to In the past five years alone, Weld Coun- more cooperation and coordination between Plan develops, input from the public is the Weld County Comprehensive Plan. Any ty was twice rated highest in the Nation in cities, towns, landowners, service providers, essential. Public workshops and a public opinions expressed are her own.

New brand not brand new Froodles kudoodles NCBR poll watch Recently, a new brand was unveiled for I finally read the article about Froodles the city of Fort Collins (Business Report (NCBR , 6/22) on the NCBR Web site. (Erin To conserve energy this summer, would you support raising the office temperature and adopting a more relaxed dress code in the workplace? Daily, 7/12) and I am having a difficult time Hottenstein) did an excellent job. I applaud determining which leaves me most disap- your accuracy and incredible ability to put As an employer: No, professionalism is more As an employee: No, it would be inappropriate. pointed: that the city outsourced the pro- all that information I gave you into such a important. ject to a Tennessee firm rather than sup- finely written format. Congratulations. 5% 12% porting any one of the many talented branding agencies in the region, or that the Vicky Loran, president As an employer: Yes, it’s just for a few months. As an employee: Yes, every little bit helps. end result is completely uninspired and Azari Fruit Products 26% 56% void of any relevant creativity and impact. Fort Collins These results reflect responses to the online poll at www.ncbr.com July 16 through July 30. Jon Aguilera E-mail letters to Tom Hacker, [email protected] Fort Collins or submit comments through our Web site, Next question: www.ncbr.com. Snail mail to 141 S. College Ave., Which cost is the toughest to pay for these days? Fort Collins, CO 80524. Answer now at www.ncbr.com. Responses will be accepted through Aug. 13.

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We also have a new spay Business Report Outstanding territories, two WORK FROM HOME solidsoundentertainment.com and neutar clinic! subscription? through the advertising depart- with offices in place, growth ext. 215 For A Significant Income Have office space to lease? Come by and visit us! Call us at 970-221-5400 every year. Owner does no ment. All ads are subject to Call us at 201.474.8953 or Advertise it here.More than and subscribe today! returns and the work is or email newfreedomandwealth.com FOR SALE 35% of our readers will Have AKC registered petsto approval before publication. The done after April 30. move, expand or make sell? Place an ad here and Beautiful tanning salon and Help Wanted USED OFFICE FURNITURE changes to their facilities in reach buyers who can afford Northern Colorado Business [email protected] spa for $195,000. Earn $800-$3200 monthly Large Selection/Great Prices the next 3 years. a pedigree! Absentee owner earns over Report reserves the right to to drive brand new cars 221-2313 $50,000. National Furniture Rents & Sells refuse, edit or cancel any ad with ads placed on them. Call Kirk at www.AdCarDrive.com Colorado BizBrokers, Sell your used furniture here! at any time. 212-4733 More than 45 % of our readers or will purchase office equipment [email protected] in the next 3 years 36 The Northern Colorado Business Report Aug. 3-16, 2007 LEADS INVENTIONS • BANKRUPTCIES BANKRUPTCIES CHOYA BARTELL MCKINZIE, 2930 MIDDLESBOR- OUGH COURT, FORT COLLINS, COLO 80525. CASE NO.: INVENTIONS Patent No.: 7245501, Configurable circuit board Patent No.: 7246213, Data address security Patent No.: 7247807, Button having stiffer verti- 2007-16776. DATE: 6/27/07. TYPE: 7. and fabrication method. Inventors: Kotson, Michael device and method. Inventor: Gardner, Robert D., cal motion and reduced lateral motion. Inventors: Applications for bankruptcy protection are filed A., Fort Collins, Colo.; Kubo, Robert A., Tucson, Ariz., Fort Collins, Colo. Assignee-at-Issue: Hewlett- Gutierrez, Joseph A., Thornton, Colo.; Haas, William with the U.S. Bankruptcy Court in Denver. Chapter 7 The U.S. Patent & Trademark Office recently NEVIO EBERTO BELTRAN, 1662 FALCON RIDGE awarded the following patents to Northern Col- Hewlett-Packard Development Co. L.P., Houston, Packard Development Co. L.P., Houston, Texas. R., Fort Collins, Colo. Assignee-at-Issue: Hewlett- denotes filings made for liquidation. Chapter 11 indi- DRIVE, FORT COLLINS, COLO 80528. CASE NO.: 2007- Texas. Date: 7/17/07. Date: 7/17/07. Packard Development Co. L.P., Houston, Texas. cates filings for reorganization. Chapter 13 indi- orado inventors and companies. Included are the 16780. DATE: 6/27/07. TYPE: 13. patent number, description, inventors, assignee- Date: 7/24/07. cates filings that enable petitioners to pay off their Patent No.: 7245693, X-ray inspection system Patent No.: 7246271, Method for diagnosing com- creditors over three to five years. at-issue and date awarded. Numbers preceded by JULIET MEHLS, 1014 ELGIN COURT, FORT COLLINS, a “D” were awarded for a design; “RE” indicates a having on-axis and off-axis sensors. Inventors: plex system faults. Inventors: Manley, Douglas R., Patent No.: 7247998, Transient detection of end COLO 80524. CASE NO.: 2007-16816. DATE: 6/28/07. reissue. Buck, Dean C., Loveland, Colo.; Eliasson, Tracy, Fort Collins, Colo.; Bush, William H., Fort Collins, of lamp life condition apparatus and method. LARIMER COUNTY TYPE: 7. Boulder, Colo.; Turner, Anthony C., Drake, Colo.; Ker- Colo. Assignee-at-Issue: Agilent Technologies Inc., Inventors: Poehlman, Tom, Madison, Ala.; Hester- schner, Ronald K., Loveland, Colo. Assignee-at- Santa Clara, Calif. Date: 7/17/07. man, Bryce, Fort Collins, Colo. Assignee-at-Issue: BOBBY DALE HONEBEIN, P.O. BOX 1143, BERTHOUD, Patent No.: 7243706, Heatsink for power devices. KIMBERLY ANN PALMER, 6715 AUTUMN RIDGE Inventor: Coleman, Charles, Fort Collins, Colo. Issue: Agilent Technologies Inc., Santa Clara, Calif. Universal Lighting Technologies Inc., Madison, Ala. COLO 80513. CASE NO.: 2007-16496. DATE: 6/20/07. DRIVE, #4, FORT COLLINS, COLO 80525. CASE NO.: Date: 7/17/07. Patent No.: 7246276, Error tolerant modular Date: 7/24/07. TYPE: 7. Assignee-at-Issue: IXYS Corp., Santa Clara, Calif. 2007-16817. DATE: 6/28/07. TYPE: 7. Date: 7/17/07. testing of services. Inventors: Bartz, Thomas G., Patent No.: 7245961, ECG electrode characteriza- Loveland, Colo.; Sathe, Abhay, Fort Collins, Colo. Patent No.: 7248131, Monolithic vertical integra- DAVID LEE LAIN, P.O. BOX 251, BERTHOUD, COLO KAREN L. WILLADSEN, 3001 BOWIE AVE., FORT tion and compensation. Inventors: Blakley, Daniel Assignee-at-Issue: Agilent Technologies Inc., Santa tion of an acoustic resonator and electronic cir- 80513. CASE NO.: 2007-16786. DATE: 6/27/07. TYPE: 7. Patent No.: 7244257, Electrosurgical pencil hav- COLLINS, COLO 80526. CASE NO.: 2007-16837. DATE: ing a single button variable control. Inventors: R., Philomath, Ore.; Zhang, Tong, San Jose, Calif.; Clara, Calif. Date: 7/17/07. cuitry. Inventors: Fazzio, R. Shane, Loveland, Colo.; 6/28/07. TYPE: 7. Simske, Steven J., Fort Collins, Colo. Assignee-at- Dungan, Thomas E., Fort Collins, Colo. Assignee-at- GREGORY GENE BYRD, 717 W. LARIMER COUNTY Podhajsky, Ronald J., Boulder, Colo.; Schmaltz, Dale Francis, Fort Collins, Colo.; Reschke, Arlan James, Issue: Hewlett-Packard Development Co. L.P., Hous- Patent No.: 7246387, Food preparation station. Issue: Avago Technologies Wireless IP Pte. Ltd., Sin- ROAD 4 E., BERTHOUD, COLO 80513. CASE NO.: 2007- MARILYN KAY KONTZ, 3024 ROSS DRIVE B., # 14, ton, Texas. Date: 7/17/07. Inventors: Erickson, E. Jay, Erie, Colo.; Gordon, gapore, Singapore. Date: 7/24/07. 16885. DATE: 6/28/07. TYPE: 7. Boulder, Colo. Assignee-at-Issue: Sherwood Ser- FORT COLLINS, COLO 80526. CASE NO.: 2007-16840. vices AG, Schaffhausen, Switzerland. Date: 7/17/07. Andrew, Brighton, Colo., Erickson, E. Jay, Erie, Colo. DATE: 6/28/07. TYPE: 7. Patent No.: 7245985, Process and apparatus for Date: 7/24/07. Patent No.: 7248301, System and method for EARL C. BIEU, 2393 U.S. HIGHWAY 34, DRAKE, COLO improving and controlling the vulcanization of providing camera focus feedback. Inventors: Voss, 80515. CASE NO.: 2007-16834. DATE: 6/28/07. TYPE: 7. Patent No.: 7244498, Nanoparticles modified TODD EDWARD EVANS, 400 1/2 N. PEARL ST., FORT with multiple organic acids. Inventors: Cook, natural and synthetic rubber compounds. Inven- Patent No.: 7247221, System and apparatus for James S., Fort Collins, Colo.; Owens, Jim, Fort COLLINS, COLO 80521. CASE NO.: 2007-16855. DATE: tors: Magill, Richard, Cheyenne, Wyoming; Van control of sputter deposition process. Inventor: Collins, Colo. Assignee-at-Issue: Hewlett-Packard CAROL LYNN COULTER, P.O. BOX 271652, FORT Ronald Lee, Lakewood, Colo.; Luebben, Silvia DeVi- 6/28/07. TYPE: 7. to, Golden, Colo.; Myers, Andrew William, Arvada, Doren, John C., Bailey, Colo.; Sellers, Bruce, Fort Stowell Jr., Michael W., Loveland, Colo. Assignee-at- Development Co. L.P., Houston, Texas. Date: 7/24/07. COLLINS, COLO 80527. CASE NO.: 2007-16530. DATE: Collins, Colo.; Erickson, Tim, Parker, Colo.; Schnei- Issue: Applied Films Corp., Longmont, Colo. Date: 6/21/07. TYPE: 7. Colo.; Smith, Bryan Matthew, Boulder, Colo.; Elliott, YVONNE MARIE STAGNER, 2125 LIBERTY DRIVE, Brian John, Superior, Colo.; Kreutzer, Cory, der, Scott, Littleton, Colo.; Courington, Steve, Lone 7/24/07. Patent No.: D 546572, Seat. Inventor: Anderson, FORT COLLINS, COLO 80521. CASE NO.: 2007-16971. Brighton, Colo.; Wilson, Carolina, Arvada, Colo.; Tree, Colo.; Bethel, Lance, Westminster, Colo. Bill D., Loveland, Colo. Assignee-at-Issue: A-M LLC, SCOTT JUELFS, 7316 S. COLLEGE AVE., FORT DATE: 6/29/07. TYPE: 7. Assignee-at-Issue: Signature Control Systems, Den- Patent No.: 7247418, Imageable members with Loveland, Colo. Date: 7/17/07. COLLINS, COLO 80525. CASE NO.: 2007-16579. DATE: Meiser, Manfred, Aurora, Colo. Assignee-at-Issue: TDA Research Inc., Wheat Ridge, Colo. Date: 7/17/07. ver, Colo. Date: 7/17/07. improved chemical resistance. Inventors: Saraiya, 6/21/07. TYPE: 7. RYAN BYRON, 1643 W. SWALLOW ROAD, FORT Shashikant, Fort Collins, Colo.; Patel, Jayanti, Fort Patent No.: D 546904, Toy remote controller. COLLINS, COLO 80526. CASE NO.: 2007-16996. DATE: Patent No.: 7246138, System and method for Collins, Colo.; Tao, Ting, Fort Collins, Colo.; Ray, Inventors: Bowen, David S., Fort Collins, Colo.; Kang, CHERYL ANN LATKA, 17 39 SOMERVILLE DRIVE, FORT P atent No.: 7245084 , Transformer ignition cir- 6/29/07. TYPE: 7. cuit for a transformer coupled plasma source. content lifecycles in a virtual content repository Kevin B, Fort Collins, Colo.; Mikell, Frederic E., Gree- Paulo, Pasadena, Calif. Assignee-at-Issue: Mattel COLLINS, COLO 80526. CASE NO.: 2007-16580. DATE: that integrates a plurality of content repositories. ley, Colo.; Mulligan, James L., Fort Collins, Colo.; Inc., El Segundo, Calif. Date: 7/17/07. 6/21/07. TYPE: 13. Inventors: Gonzalez, Juan Jose, Fort Collins, Colo.; DAVID GRANT LASSWELL, 1020 WABASH ST., FORT Shabalin, Andrew, Fort Collins, Colo.; Geissler, Inventors: McCauley, Rodney, Loveland, Colo.; Kalamen, John, Loveland, Colo.; Beckley, Scott A., COLLINS, COLO 80526. CASE NO.: 2007-17011. DATE: Owen, James, Evergreen, Colo.; Bales, Christopher Windsor, Colo.; Clark, Eric, Loveland, Colo. LETHA FERNE KINGERY, 2119 SHEFFIELD DRIVE, Steven J., Fort Collins, Colo.; Tomasel, Fernando 6/30/07. TYPE: 7. Gustavo, Fort Collins, Colo. Assignee-at-Issue: E., Boulder, Colo. Assignee-at-Issue: BEA Systems Assignee-at-Issue: Eastman Kodak Co., Rochester, FORT COLLINS, COLO 80526. CASE NO.: 2007-16647. Inc., San Jose, Calif. Date: 7/17/07. N.Y. Date: 7/24/07. DATE: 6/24/07. TYPE: 7. Advanced Energy Industries Inc., Fort Collins, Colo. ROBERT DUANE MALLARD, 370 LAVASTONE AVE., Date: 7/17/07. LOVELAND, COLO 80537. CASE NO.: 2007-16468. DATE: Patent No.: 7246210, Archival cartridge manage- Patent No.: 7247447, Flea peritrophin nucleic ALLISYN MARIE HOLLWEG, 6815 AVONDALE ROAD, 6/20/07. TYPE: 13. Patent No.: 7245404, Dynamically programmable ment system with auto-refresh. Inventors: Georgis, acid molecules, proteins and uses thereof. Inven- FORT COLLINS, COLO 80525. CASE NO.: 2007-16663. Steven P., Boulder, Colo.; Perry, David M., Berthoud, tors: Gaines, Patrick J., Fort Collins, Colo.; Wisnews- DATE: 6/25/07. TYPE: 7. image capture appliance and system. Inventors: LORI KATHERINE KOLLER, 653 GAYLA COURT, LOVE- Bushey, Robert D., San Diego, Calif.; Lehmeier, Colo. Assignee-at-Issue: ProStor Systems Inc., Boul- ki, Nancy, Fort Collins, Colo. Assignee-at-Issue: LAND, COLO 80537. CASE NO.: 2007-16519. DATE: Michelle, Loveland, Colo.; Watson, Michelle A., Love- der, Colo. Date: 7/17/07. Heska Corp., Loveland, Colo. Date: 7/24/07. BERTINA KAY FALZ, 1940 W. LAKE ST., FORT 6/21/07. TYPE: 7. COLLINS, COLO 80521. CASE NO.: 2007-16707. DATE: land, Colo. Assignee-at-Issue: Hewlett-Packard Development Co. L.P., Houston, Texas. Date: 7/17/07. 6/26/07. TYPE: 7. DARLENE KEMPER, 347 E. 10TH ST., LOVELAND, COLO 80537. CASE NO.: 2007-16537. DATE: 6/21/07. KELLY SUE ZIMMERMAN, 3500 SWANSTONE DRIVE, TYPE: 13. UNIT 9, FORT COLLINS, COLO 80525. CASE NO.: 2007- THOMAS GREGURICH, 3105 W. EISENHOWER BLVD., MIRYAM M. ANDRADE, 3748 DOWNIEVILLE ST., LOVE- DONALD ALPHONSE MATULA, 4655 HAHNS PEAK MCDONALD HOMES LLC, 418 EIGHTH ST., LOVELAND, #10, LOVELAND, COLO 80537. CASE NO.: 2007-16578. LAND, COLO 80538. CASE NO.: 2007-16778. DATE: DRIVE, LOVELAND, COLO 80538. CASE NO.: 2007- COLO 80537. CASE NO.: 2007-16933. DATE: 6/29/07. 16751. DATE: 6/26/07. TYPE: 7. RANDY WYNN HICKS, 2030 S. LARIMER COUNTY DATE: 6/21/07. TYPE: 7. 6/27/07. TYPE: 7. 16877. DATE: 6/28/07. TYPE: 7. TYPE: 7. ROAD 21, LOVELAND, COLO 80537. CASE NO.: 2007- BETH ANN VANDERHAMM, 1200 E. STUART, #50, 16544. DATE: 6/21/07. TYPE: 7. FORT COLLINS, COLO 80525. CASE NO.: 2007-16763. JEREMY R. SMITH, 2578 EMERALD ST., LOVELAND, COLO CHRISTOPHER GERALD EIDEM, 2530 BRITTANY WILLIAM EDWARD FISHER JR., 1437 DENVER AVE., MERLE A. ATWOOD, 3883 POUDRE DRIVE, LOVE- 80537. CASE NO.: 2007-16614. DATE: 6/22/07. TYPE: 7. DRIVE, LOVELAND, COLO 80537. CASE NO.: 2007-16827. # 279, LOVELAND, COLO 80538. CASE NO.: 2007-16901. LAND, COLO 80538. CASE NO.: 2007-17056. DATE: DATE: 6/27/07. TYPE: 7. JEFFREY TODD BOONE, 1756 MOONSTONE CIRCLE, DATE: 6/28/07. TYPE: 13. DATE: 6/29/07. TYPE: 7. 7/1/07. TYPE: 7. LOVELAND, COLO 80537. CASE NO.: 2007-16561. DATE: NATHAN ERIC YOUNG, 1104 PALOVERDE DRIVE, GARY ROBERT DRAGER, 2502 TIMBERWOOD DRIVE, 6/21/07. TYPE: 7. #57, FORT COLLINS, COLO 80528. CASE NO.: 2007- LOVELAND, COLO 80538. CASE NO.: 2007-16713. DATE: MELODY HORNE, 1160 E. SIXTH ST., LOVELAND, COLO 16771. DATE: 6/27/07. TYPE: 7. 6/26/07. TYPE: 7. 80537. CASE NO.: 2007-16853. DATE: 6/28/07. TYPE: 7.

Aug. 3-16, 2007 The Northern Colorado Business Report 37

BANKRUPTCIES • LEADS FORECLOSURES If you’re thinking

WILLIE BOB LUNSFORD, P.O. BOX 438, MASONVILLE, SHARON KAYE WATERMAN, 6715 W. 23RD ST., GREE- BORROWER: HEATH & MICHELLE YOUNG, 1169 COLO 80541. CASE NO.: 2007-16839. DATE: 6/28/07. LEY, COLO 80634. CASE NO.: 2007-16920. DATE: WYNDHAM HILL ROAD FORT COLLINS, COLO 80525- high-tech workforce, think TYPE: 7. 6/29/07. TYPE: 7. 7201. LEGAL DESCRIPTION: WYNDHAM HILL PUD PH 1; LOT 3. LENDER: WORLD SVGS BANK FSB. AMOUNT KARLEY GILBERT, 3133 THUNDERING HERD WAY, CHARLES EUGENE MILLER, 2036 FIRST AVE., LOT DUE: $376092. CASE NO.: 2005-31025. DATE: 6/18/07. WELLINGTON, COLO 80549. CASE NO.: 2007-16729. 252, GREELEY, COLO 80631. CASE NO.: 2007-17047. DATE: 6/26/07. TYPE: 7. DATE: 6/30/07. TYPE: 7. BORROWER: THUY VU, 6151 CARMICHAEL ST. FORT COLLINS, COLO 80528-7082. LEGAL DESCRIPTION: WELD COUNTY TERRY KAY NIGRO, P.O. BOX 584, HUDSON, COLO WESTCHASE PUD; LOT 7 BLK 1. LENDER: CHASE HOME ALBERT JEFF RYEL, 3060 E. BRIDGE ST., LOT 86, 80642. CASE NO.: 2007-16511. DATE: 6/20/07. TYPE: 7. FINANCE LLC. AMOUNT DUE: $212401. CASE NO.: 2004- BRIGHTON, COLO 80601. CASE NO.: 2007-16485. DATE: 110926. DATE: 6/18/07. 6/20/07. TYPE: 7. KRISTINA MARIE HALIW, P.O. BOX 601, HUDSON, COLO 80642. CASE NO.: 2007-16993. DATE: 6/29/07. BORROWER: DALE WAYNE SMITH, 530 REDWOOD JENNIFER BURGER ECKSTONE, 191 BLUE BONNET TYPE: 7. CIRCLE BERTHOUD, COLO 80513-1408. LEGAL DRIVE, BRIGHTON, COLO 80601. CASE NO.: 2007-16558. DESCRIPTION: HILLSDALE SECOND SUB; LOT 16 BLK 1. DATE: 6/21/07. TYPE: 7. TYE TUGWELL, P.O. BOX 13, JOHNSTOWN, COLO LENDER: LASALLE BANK. AMOUNT DUE: $151279. CASE 80534. CASE NO.: 2007-16499. DATE: 6/20/07. TYPE: 7. NO.: 2006-12569. DATE: 6/19/07. JOHN DOUGLAS TUTTY, 5228 NIGHTHAWK PARKWAY, BRIGHTON, COLO 80601. CASE NO.: 2007-16582. DATE: CLINT M. JOHNSTON, 904 N. SECOND ST., JOHN- BORROWER: WILLIAM C. HERBERS, 4021 WABASH 6/21/07. TYPE: 13. STOWN, COLO 80534. CASE NO.: 2007-16553. DATE: ST. FORT COLLINS, COLO 80526-3033. LEGAL DESCRIP- 6/21/07. TYPE: 7. TION: MOUNTAIN RIDGE FARM PUD FIRST FLG; LOT 55. TAMMY LOUISE GARRETT, 5091 SPARROW ST., LENDER: WASHINGTON MUTUAL BANK. AMOUNT DUE: BRIGHTON, COLO 80601. CASE NO.: 2007-16583. DATE: SHANNON COLLEEN LUCERO, 1740 SUNTIDE DRIVE, $237847. CASE NO.: 2005-81969. DATE: 6/19/07. 6/21/07. TYPE: 7. JOHNSTOWN, COLO 80534. CASE NO.: 2007-16896. DATE: 6/29/07. TYPE: 7. BORROWER: LAURA A. ADAM, 4056 DON FOX CIR- NEIL J. DAVIS, 882 MOCKINGBIRD LANE, BRIGHTON, CLE LOVELAND, COLO 80537-3468. LEGAL DESCRIP- COLO 80601. CASE NO.: 2007-16678. DATE: 6/25/07. ERIC LEE PADRON, 406 PARISH COURT, JOHN- TION: MARIANA BUTTE 11TH SUB; LOT 4 BLK 3. Longmont-Boulder named the TYPE: 7. STOWN, COLO 80534. CASE NO.: 2007-16969. DATE: LENDER: UNIVERSAL AMERICAN MORTGAGE CO.. leading 6/29/07. TYPE: 7. AMOUNT DUE: $44677. CASE NO.: 2006-24788. DATE: LISA MARIE COOK, 11725 FRASER, BRIGHTON, COLO 6/19/07. software leading area for software 80603. CASE NO.: 2007-16721. DATE: 6/26/07. TYPE: 7. LEONARD JAMES HAWLEY, 7013 WELD COUNTY employers ROAD 69, KEENESBURG, COLO 80643. CASE NO.: 2007- BORROWER: JOSHUA GALLEGOS, 3200 AZALEA employment relative to SAMUEL JOSEPH SIMMONS, 15362 GADSDEN DRIVE, 16988. DATE: 6/29/07. TYPE: 7. DRIVE, APT. W4 FORT COLLINS, COLO 80526-5715. BRIGHTON, COLO 80603. CASE NO.: 2007-16730. DATE: LEGAL DESCRIPTION: APPLERIDGE TWNHM; LOT 4 BLK 6/26/07. TYPE: 13. MICHAEL R. FREDERICK, P.O. BOX 223, KERSEY, W.. LENDER: US BANK. AMOUNT DUE: $129805. CASE population for the fifth COLO 80644. CASE NO.: 2007-16562. DATE: 6/21/07. NO.: 2005-15594. DATE: 6/19/07. JOHN ROBERT FROST, 15700 E. 168TH AVE., TYPE: 7. year in a row BRIGHTON, COLO 80601. CASE NO.: 2007-16735. DATE: BORROWER: MICHAEL A. LOWE, 830 E. FIFTH ST. 6/26/07. TYPE: 7. CALVIN WAYNE FOOS, P.O. BOX 161, LUCERNE, COLO LOVELAND, COLO 80537-5746. LEGAL DESCRIPTION: - SIIA 80646. CASE NO.: 2007-16923. DATE: 6/29/07. TYPE: 7. YOUNIES ADD; LOT 8 BLK 2. LENDER: WELLS FARGO + TIMOTHY KEITH KLEEMAN, 850 MACAW ST., BANK. AMOUNT DUE: $109540. CASE NO.: 2005-31190. BRIGHTON, COLO 80601. CASE NO.: 2007-16838. DATE: KLAUS SCHOENHERR, P.O. BOX 744, WINDSOR, COLO DATE: 6/19/07. 6/28/07. TYPE: 7. 80550. CASE NO.: 2007-16507. DATE: 6/20/07. TYPE: 7. BORROWER: CCN ENTERPRISES LLC, 3507 E. MUL- KIA MOUA, 11931 ELKHARD ST., BRIGHTON, COLO ROBERT JASON DONLEY, 10833 WELD COUNTY BERRY ST. FORT COLLINS, COLO 80524-8541. LEGAL 80603. CASE NO.: 2007-16847. DATE: 6/28/07. TYPE: 7. ROAD 66, WINDSOR, COLO 80550. CASE NO.: 2007- DESCRIPTION: SUNRISE AC; LOT 1. LENDER: COMPASS 16522. DATE: 6/21/07. TYPE: 7. BANK. AMOUNT DUE: $506297. CASE NO.: 2001-91651. Longmont has the highest VAUGHN EDWARD BARKER, 6229 E. 123RD DRIVE, DATE: 6/19/07. highly BRIGHTON, COLO 80602. CASE NO.: 2007-16922. DATE: STACI LYNN HAEBERLE, 623 PARKVIEW MOUNTAIN 6/29/07. TYPE: 13. DRIVE, WINDSOR, COLO 80550. CASE NO.: 2007-16766. BORROWER: MARC IAN SIEGFRIED, 1030 WAG- educated concentration of DATE: 6/27/07. TYPE: 7. ONWHEEL DRIVE FORT COLLINS, COLO 80526-2634. workforce DARLA R. PEREZ, 369 N. 10TH AVE., BRIGHTON, LEGAL DESCRIPTION: WOODWEST FLG 3; LOT 4 BLK 1. technology workers per COLO 80601. CASE NO.: 2007-16955. DATE: 6/29/07. LENDER: GMAC MORTGAGE LLC. AMOUNT DUE: TYPE: 7. FORECLOSURES $119772. CASE NO.: 2006-41349. DATE: 6/19/07. capita in the U.S. MICHAEL LEROY MARTINEZ, 235 1/2 U.S. HIGHWAY This section includes notices of election and BORROWER: MATTHEW WILLIAM RICKMAN, 4413 85, BRIGHTON, COLO 80603. CASE NO.: 2007-17038. demand filed by creditors alleging default on a WARBLER DRIVE FORT COLLINS, COLO 80526-3648. - Cyberstates DATE: 6/30/07. TYPE: 7. debt. Foreclosures are not final until a Public LEGAL DESCRIPTION: LARKBOROUGH SUB; LOT 11 BLK Trustee’s Deed has been issued. Included are the 11. LENDER: GMAC MORTGAGE LLC. AMOUNT DUE: = DEANNA DAWN PINO, 12 72 BLUEBIRD ST., BRIGHTON, borrower, property address, lender, amount and $123327. CASE NO.: 2001-61891. DATE: 6/19/07. COLO 80601. CASE NO.: 2007-17043. DATE: 6/30/07. date filed. TYPE: 7. BORROWER: JENNIFER M. TANNER, 910 E. STUART LARIMER COUNTY ST. FORT COLLINS, COLO 80525-1562. LEGAL DESCRIP- DAVID CLAYTON RAY, 420 LILAC AVE., EATON, COLO TION: SPRINGMEADOWS ON SPRING CREEK RPLT; LOT 80615. CASE NO.: 2007-16686. DATE: 6/25/07. TYPE: 7. BORROWER: PAUL LUJAN, 1116 E. SECOND ST., # A. 3. LENDER: WELLS FARGO BANK NA TRUSTEE. successful Longmont ranked third on LOVELAND, COLO 80537-5804. LEGAL DESCRIPTION: AMOUNT DUE: $155683. CASE NO.: 2004-116011. DATE: JAMIE R. ZARATE, 3100 CODY AVE., EVANS, COLO IOWA ADD TO LOVELAND; LOT 19 BLK 3. LENDER: BANK 6/20/07. workplace the State Science and 80620. CASE NO.: 2007-16539. DATE: 6/21/07. TYPE: 7. NEW YORK TRUSTEE. AMOUNT DUE: $128000. CASE NO.: 2004-95303. DATE: 6/14/07. BORROWER: SCOTT HAWORTH, 2214 WHITETAIL Environment ELDON ROLAND NORRIS, 3409 MONTROSE ST., PLACE FORT COLLINS, COLO 80525-3505. LEGAL Technology Index EVANS, COLO 80620. CASE NO.: 2007-16683. DATE: BORROWER: LINDA K. DOWLING, 83W 2 16TH ST. S DESCRIPTION: FOX MEADOWS; LOT 27 BLK 10. LENDER: 6/25/07. TYPE: 7. LOVELAND, COLO 80537-7112. LEGAL DESCRIPTION: US BANK NA TRUSTEE. AMOUNT DUE: $158991. CASE - Miliken Institute LOMA VISTA SUB REPLAT; LOT 8 BLK 1. LENDER: BANK NO.: 2005-48782. DATE: 6/20/07. BRIAN G. HIER, 112 LUCCA DRIVE, EVANS, COLO NEW YORK. AMOUNT DUE: $. CASE NO.: 2005-96. 80620. CASE NO.: 2007-17031. DATE: 6/30/07. TYPE: 13. DATE: 6/14/07. BORROWER: TIMOTHY W. BRITTAIN, 970 E. LANE ESTES PARK, COLO 80517-9604. LEGAL DESCRIPTION: ALFONSO LUNA JR., 5151 RUBY AVE., FIRESTONE, BORROWER: LUIS A. HERNANDEZ, 3826 WATER- STANLEY HTS; LOT 48. LENDER: FLAGSTAR BANK FSB. COLO 80504. CASE NO.: 2007-16550. DATE: 6/21/07. GLEN PLACE FORT COLLINS, COLO 80524-6492. LEGAL AMOUNT DUE: $413600. CASE NO.: 2004-13386. DATE: TYPE: 7. DESCRIPTION: WATERGLEN PUD; LOT 364. LENDER: 6/20/07. EQUIFIRST MORTGAGE LANE TRUST 20. AMOUNT DUE: TYRONE WAYNE SLONE JR., 6180 CLAYTON ST., $171611. CASE NO.: 2004-34722. DATE: 6/15/07. BORROWER: GUNNAR WEBER, 5222 CORAL BURST FREDERICK, COLO 80530. CASE NO.: 2007-16900. CIRCLE LOVELAND, COLO 80538-5662. LEGAL DATE: 6/29/07. TYPE: 7. BORROWER: RONALD E. & PAMELA J. COX, 617 DESCRIPTION: ALFORD LAKE FIRST SUB; LOT 11 BLK 18. The Campus at Longmont is a 38 building, highly-landscaped EVITA COURT BERTHOUD, COLO 80513-9433. LEGAL LENDER: BANK NEW YORK TRUSTEE. AMOUNT DUE: VALERIE L. KEEVER, 4402 W. 30TH ST., GREELEY, DESCRIPTION: VAQUERO EST PUD; LOT 23. LENDER: $439850. CASE NO.: 2007-966. DATE: 6/20/07. business park catering to office/flex/R&D uses, located in an COLO 80634. CASE NO.: 2007-16651. DATE: 6/25/07. BANK AMERICA. AMOUNT DUE: $189710. CASE NO.: TYPE: 7. 2004-66690 2007-3012. DATE: 6/18/07. BORROWER: CURTIS M. MILLER, 1674 BOX PRAIRIE CIRCLE LOVELAND, COLO 80538-7306. LEGAL amenity-rich area near the intersection of S. Hover St. and the SHAWNA JEAN ROTH, 2336 33RD AVE., GREELEY, BORROWER: LAURA A. & MARK A. MONTGOMERY, DESCRIPTION: SHAMROCK W. SECOND SUB; LOT 26 COLO 80634. CASE NO.: 2007-16684. DATE: 6/25/07. 2518 FAIRPLAY DRIVE LOVELAND, COLO 80538-3052. BLK 7. LENDER: SAXON MORTGAGE SERVICES INC.. Longmont Diagonal/Highway 119 in Longmont. TYPE: 7. LEGAL DESCRIPTION: PARK HILL THIRD ADDITION; LOT AMOUNT DUE: $143934. CASE NO.: 2006-69199. DATE: 10 BLK 3. LENDER: RESIDENTIAL FUNDING CO. LLC. 6/20/07. TANIA MARIE MARTINEZ, 134 43RD AVENUE COURT, AMOUNT DUE: $211758. CASE NO.: 2006-84217. DATE: Owned and Managed by GREELEY, COLO 80634. CASE NO.: 2007-16779. DATE: 6/18/07. BORROWER: GARY W. FRANCE, 5512 FOSSIL COURT 6/27/07. TYPE: 7. N. FORT COLLINS, COLO 80525-3888. LEGAL DESCRIP- BORROWER: KYLE J. & LOIS A. PETERSEN, 549 W. TION: FOSSIL CRK MEADOWS FIRST FLG ENVL G.; LOT SILVIA NALLELY OLAVE, 225 E. 22ND ST., GREELEY, SEVENTH ST. LOVELAND, COLO 80537-5449. LEGAL 6 BLK G.. LENDER: DEUTSCHE BANK NATIONAL TRUST COLO 80621. CASE NO.: 2007-16796. DATE: 6/27/07. DESCRIPTION: SHAYS ADD NO 1; LOT 13. LENDER: C.. AMOUNT DUE: $100916. CASE NO.: 2003-100687. TYPE: 7. GMAC MORTGAGE LLC. AMOUNT DUE: $180382. CASE DATE: 6/20/07. NO.: 2005-93986. DATE: 6/18/07. MICHAEL RAY MEIS, P.O. BOX 337392, GREELEY, BORROWER: KAY DEMPSEY, 3039 ANCHOR WAY, COLO 80633. CASE NO.: 2007-16805. DATE: 6/27/07. BORROWER: SERGIO E. & GLORIA OLIVAS, 903 APT. 3 FORT COLLINS, COLO 80525-4700. LEGAL TYPE: 13. WATERGLEN DRIVE, UNIT E. FORT COLLINS, COLO DESCRIPTION: SHERWOOD SHORES E. CONDO; LOT 3 80524-6016. LEGAL DESCRIPTION: WATERGLEN PUD; BLK 7. LENDER: COUNTRYWIDE HOME LOANS INC.. w w w . T HE C AMPUS A T L ONGMONT . c o m IVY JON MOSER, 3323 68TH AVENUE COURT, GREE- LOT 476. LENDER: WELLS FARGO BANK. AMOUNT DUE: AMOUNT DUE: $123900. CASE NO.: 2005-57456. DATE: LEY, COLO 80634. CASE NO.: 2007-16818. DATE: $162689. CASE NO.: 2004-21858. DATE: 6/18/07. 6/21/07. 6/28/07. TYPE: 7. BORROWER: TERI WILSON, 2070 MANITOU COURT, BORROWER: MICHELE THELEN, 6060 LARIMER DAVID A. HOWELL, 184 20TH AVENUE COURT, GREE- UNIT 106 LOVELAND, COLO 80538-7332. LEGAL COUNTY ROAD 82E LIVERMORE, COLO 80536. LEGAL LEY, COLO 80631. CASE NO.: 2007-16849. DATE: DESCRIPTION: EMERALD GLEN EIGHTH SUB; LOT 6 BLK DESCRIPTION: 0018 SECTION 9 T10N-R72W. LENDER: 6/28/07. TYPE: 7. 4. LENDER: CHASE HOME FINANCE LLC. AMOUNT DUE: TELE COMM RESOURCE. AMOUNT DUE: $40000. CASE $144000. CASE NO.: 2006-4565. DATE: 6/18/07. NO.: 2002-62893. DATE: 6/21/07. STEVEN GUTIERREZ, 2425 W. SIXTH ST., GREELEY, COLO 80631. CASE NO.: 2007-16851. DATE: 6/28/07. BORROWER: BRANDIE R. PAYNE, 755 SADDLE BORROWER: EDWARD E. JR. & VIRGINIA L. CHAP- 303.892.1111 303.449.1420 TYPE: 7. NOTCH ROAD LOVELAND, COLO 80537-9775. LEGAL PELL, 3 727 BANYAN COURT LOVELAND, COLO 80538- DESCRIPTION: 0040 SECTION 23 T5N-R71W. LENDER: 2117. LEGAL DESCRIPTION: WOODMERE SUB; LOT 22 Scott Garel Becky Callan Gamble GER ARDO ACOSTA, 3 026 43RD AVE., GREELEY, COLO DEUTSCHE BANK NATIONAL TRUST C.. AMOUNT DUE: BLK 2. LENDER: ABN AMRO MORTGAGE GROUP INC.. 80634. CASE NO.: 2007-16854. DATE: 6/28/07. TYPE: 7. $667200. CASE NO.: 2006-23038. DATE: 6/18/07. AMOUNT DUE: $151000. CASE NO.: 2006-22537. DATE: [email protected] [email protected] 6/21/07. TRACY A. CHURCH, 2911 APRICOT AVE., GREELEY, BORROWER: CYNTHIA S. BARBEE, 654 VERA Joe Heath Hunter Barto COLO 80631. CASE NO.: 2007-16908. DATE: 6/29/07. COURT LOVELAND, COLO 80537-6210. LEGAL DESCRIP- BORROWER: PARKSIDE HOMES LLC, VL , . LEGAL TYPE: 13. TION: EAGLE HTS ADD LTS 2-6 9-13 15-21 BLK 1; LOT 3A DESCRIPTION: MILLENNIUM SW SEVENTH SUB; LOT 1. [email protected] [email protected] BLK 1. LENDER: WELLS FARGO BANK. AMOUNT DUE: LENDER: CITYWIDE BANKS. AMOUNT DUE: $162948. JEREMY REED WHITMOYER, P.O. BOX 336865, $127816. CASE NO.: 2006-76702. DATE: 6/18/07. CASE NO.: 2005-81887. DATE: 6/22/07. Don Misner Dryden Dunsmore GREELEY, COLO 80633. CASE NO.: 2007-16910. DATE: 6/29/07. TYPE: 7. [email protected] [email protected]

ROBERT D. RUBY, 702 63RD AVE., GREELEY, COLO 80634. CASE NO.: 2007-16912. DATE: 6/29/07. TYPE: 7. 38 The Northern Colorado Business Report Aug. 3-16, 2007 NoCo nothing like Iowa, when compared to Spain

lowed the economy of Iowa since 1955 as a about Spain; I have not been there. But, as Misrepresentations of participant, interested observer, discussant an economist, I know that Spain’s politi- and consultant to agricultural interests. cal and legal system is not the same as data to support view I’m also very familiar with the Northern “It’s like ours, the investment risk is greater, and Colorado economy, having lived and it’s saddled with old European customs, do region disservice worked in Fort Collins for 32 years. comparing apples movement limitations and land restric- Colton’s observations of Iowa are shal- tions. It’s like comparing apples and trac- Glen Colton, a Fort Collins resident low, perhaps formed from a “windshield and tractors to tors to compare Spain with Northern Col- who recently ran unsuccessfully for a seat survey.” Iowa has been one of the slowest orado. on city council, wrote a perspective col- growing states over the past 50 years, pri- compare Spain Northern Colorado has many no- umn that appeared marily because the agricultural sector has growth proponents who would like to shut in the business sec- enjoyed lower returns on investment so the with Northern the gate so they could enjoy a quiet, high- tion of the July 16 rest of the country and the world can quality lifestyle. Perhaps they wouldn’t Fort Collins Col- enjoy cheap food. Young people (including Colorado.” mind if their kids and our other young oradoan. The article myself) have left Iowa in droves because resources left the region so growth in our was a topic of dis- there were few professional or financial economy could slow and business could cussion at our econ- opportunities. Young people are the most dry up to the point where we’d begin to omists’ luncheon on valuable resource a region can produce beg for investment and growth. the same day, pri- and, hopefully, retain. ment in Iowa this year, not just in alterna- Growth is going happen in Northern marily because of Iowa attempted to counteract this exo- tive energy production, but in other, most- Colorado because of our resources, the misrepresenta- ON THE dus by subsidizing and attracting small, ly ag-related, opportunities. My pork pro- resources that are more attractive than in tions used to sup- ECONOMY agricultural-related industry. The state was ducer client is making large investments in 99 percent of communities in the United port a specific point reasonably successful, but mostly in larger clean, healthy hog production to meet States, decidedly more attractive than Iowa John W. Green, Ph.D. of view. urban areas where the amenities that edu- local and federal government concerns and or Spain. It’s how we manage that growth Colton stated that Regional Economist cated young people demand can be pro- regulations. that’s important. We can’t keep people out; Fort Collins can vided efficiently. we just need to manage their arrival to best learn about slower growth from other The agriculture sector in Iowa is cur- No comparisons accommodate our interactions. places, specifically Iowa and Spain, relating rently doing much better. Corn and soy- It ’s like comparing apples and oranges It starts with positive thinking, not neg- conditions in these two regions to his con- bean prices are and have been above $5 to compare Iowa with Northern Colorado. ative, protectionist attitudes. cern about local rapid population growth and $8 per bushel respectively. My high Iowa doesn’t have 340 days of sunshine and development sprawl. He mentioned school buddies and farmer friends have each year, and the humidity is above 80 John W. Green is a regional economist Iowa’s relaxed attitude towards promoting forward contracted this year’s production percent far more often than it is below 60 who compiles the Northern Colorado continuous population growth and Spain’s at very handsome prices, insuring them of percent. It doesn’t have a highly educated Business Report’s Index of Leading Eco- compact growth while maintaining large a very profitable year, weather permitting, work force that new employers demand. I nomic Indicators. Green, a Fort Collins resi- tracts of agricultural and natural areas. which may make up for many past, and like to visit friends and family in Iowa, but dent, was previously chairman of the Uni- I’m an economist from Iowa, born and probably future, lean years. I wouldn’t want to live there. versity of Northern Colorado economics raised on a livestock/grain farm. I’ve fol- There is more cash available for invest- I can’t speak to Colton’s comments department. Aug. 3-16, 2007 The Northern Colorado Business Report 39

ECONOMIC INDICATORS

GENERAL Latest Previous Change Last Change Last month listing prev. mo. year prev. year update WK$QQXDO Employment 279,897 281,924 -0.7% 276,627 1.2% 6/07 Unemployment 10,513 9,155 14.8% 12,455 -15.6% 6/07 6XSHU6WDUV6SRUWV&KDOOHQJH Colo. unemp. rate 3.8% 3.3% 4.7% 6/07 6DWXUGD\6HSWHPEHUWK

F.C.-Loveland Airport )RVVLO&UHHN3DUN Jet Fuel (gallons dis.) 93,815 76,434 22.7% 70491 33.1% 5/07 )RUW&ROOLQV 7DNHWKH6XSHU6WDUV&KDOOHQJH Motor Vehicle Reg. 53,809 58,421 -7.9% 70,103 -23.2% 6/07 3DUWLFLSDWHLQDOOHYHQWV \RXPLJKWEHWKH6XSHU6WDUV&KDPSLRQ &RVWLV Vectra Small Business Colorado Index 90.60 91.00 -0.4% 103.80 -12.7% 6/07 +RW6KRW6NLOO]&KDOOHQJH U.S. Index 89.30 85.80 4.1% 92.10 -3.0% 6/07 1RUWKHUQ(QJLQHHULQJ)RRWEDOO 1RUWKHUQ&RORUDGR%XVLQHVV5HSRUW6RFFHU $GYDQFHG(QHUJ\ Consumer Price (Colorado, Wyoming, Montana and Utah) +RFNH\ 3RXGUH9DOOH\+HDOWK6\VWHP%DVNHWEDOO Items (1982–84 = 100) 0F:KLQQH\9ROOH\EDOO Food & Beverages 208.66 208.65 0.3% 200.25 4.2% 6/07 2UWKRSDHGLF&HQWHURIWKH5RFNLHV%RFFH%DOO Housing 221.23 221.23 0.2% 211.70 4.5% 6/07 Transportation 190.78 190.80 -1.1% 182.57 0.3% 6/07 'RKQ&RQVWUXFWLRQ'RGJHEDOO Medical Care 353.37 353.36 0.4% 337.19 4.8% 6/07

REAL ESTATE

Latest Previous Change Last Change Last Total construction (000s) month listing prev. mo. year prev. year update &RQWDFW3DUWQHUV0HQWRULQJ

Building permits 285 274 4.0% 502 -43.2% 5/07 Apartment vacancies FC-Loveland 7.9% 9.3% -1.4% 8.8% -0.9% 3/07 Greeley 7.2% 7.2% 0.0% 8.1% -0.9% 3/07 Apartment rates Fort Collins $758 $752 0.8% $749 1.2% 3/07 Greeley $624 $625 -0.2% $625 -0.2% 3/07 Office vacancy rates Fort Collins 12.4% 11.1% 12.6% 3/07 Loveland 7.2% Food so good 11.5% 6.1% 3/07 Greeley 18.2% 19.0% 19.9% 3/07 Retail vacancy rates Ft Collins 7.7% 5.6% 6.4% 3/07 Loveland 3.9% 3.9% 2.9% 3/07 Greeley 9.1% 6.7% 5.3% 3/07 you can’t Industrial vacancy rates Fort Collins 3.9% 4.1% 4.9% 3/07 Loveland 4.1% 5.3% 3.9% 3/07 Greeley 8.3% 8.1% 8.0% 3/07 pronounce it.

SALES Latest Previous Change Last Change Last month listing prev. mo. year prev. year update Restaurant retail (000s) Larimer $102,245 $112,241 -8.9% $96,529 5.9% 12/06 Weld $49,804 $51,970 -4.2% $44,648 11.5% 12/06 Gross sales (000s) Larimer County $723,718 $569,264 27.1% $670,125 8.0% 3/07 Weld County $877,515 $577,755 51.9% $705,029 8.0% 3/07 New tax accounts 492 481 2.3% 513 -4.1% 4/07

Note: Unless otherwise indicated, all statistics are for Larimer and Weld counties combined. Sources: Larimer County Workforce Center (Employment stats); National Bankruptcy Institute (Quarterly bankruptcies data); Colorado Office of Business Development (total Colorado manufacturer and agricultural exports); Cheyenne Airport; Fort Collins-Loveland Municipal Airport; Larimer, Weld County Depts. of Motor Vehicles (Motor vehicle registrations); Average growth indicator based on model developed by regional economist John Green; Vectra Bank Colorado (Colorado & U.S. Small Business Indices); F.W. Dodge Data (Construction statistics); Larimer County Public Trustee, Weld County Public Trustee (Foreclosures - Notice of Election and Demand); The Home Builders Association of Northern Colorado (Building permits); Colorado Division of Housing (Apartment vacancies & rates); Realtec Commercial Real Estate Services Inc. (Office, retail, industrial vacancy rates); Colorado Dept. of Revenue (Restaurant sales, gross sales figures, new sales tax accounts); U.S. Depts. of Labor, Bureau of Labor Statistics (Consumer Price Index). /-&%(&-$&*'' /-&%*-($&(&' /-&%*&-$.'&& /)';Wij>Whcedo"DkcX[h0) /&(M[ij:hWa[HeWZ ')&Iekj^CWied7l[dk[ D;Yehd[he\IWcÊifWha_d]bej DMYehd[he\CWha[jfbWY[9[djh[ BeYWj[Z_dEbZJemd

The largest, most comprehensive Business & IndustryThe ConferenceSpeaker & Exposition Series in Northern at Bixpo Colorado! Presenting Sponsor Thursday, Sept. 20 Only $49 (Pre-registration required)

Front Range Economic Joe Pine, co-author of “The Experience Economy” and Update at Bixpo “Authenticity”. Reviews the Wednesday, Sept. 19 Free Admission principles and framework for (Pre-registration required) your business. Our Economic Future A panel, full of prominent Colorado and Wyoming economists, offers differing views of Mark Hoog, Colorado what the Northern Front Range’s economy holds in store for the remainder of 2007 and author of “Growing Field” on the near horizon. Panelists include: Don Elliman, executive director of Colorado Office of Economic Development and International Trade; Patty Silverstein, Denver economist; series of books and United Brent Hathaway, University of Wyoming economist; Richard Wobbekind, University of Airlines pilot. Hoog will speak Colorado economist; Martin Shields, Colorado State University economist and Moderator, Hunt Lambert, CSU Office of Economic Development. on conscious leadership. Hits, Misses and Prospects Northern Colorado’s economic-development agencies have had a busy and successful Susan Graham, Colorado 2007. A panel of agency experts looks at the track record: The big fish landed, the ones that got away, and others still on the line. Panelists include: Moderator, Larry Burkhardt, business coach with Keep It Upstate Colorado Economic Development; Maury Dobbie, NCEDC; Randy Bruns, Simple Coaching, will present Cheyenne LEADS; Frank Bruno, Boulder city manager. “Everything is Negotiable.” Beyond County Lines The drive toward regionalism in Northern Colorado, from transportation planning to regional branding for marketing purposes, is gathering steam. A panel of local officials from Larimer and Weld counties talks about opportunities ahead. Panelists include Rocky Scott, McWhinney Enterprises; Darin Atteberry, Fort Collins city manager; Roy Otto, Greeley city manager and Kathy Gilliland, former Loveland Mayor. Exhibit booth space is going fast! Be sure to reserve your space today!

Go online at www.ncbr.com or call 970-221-5400, ext. 202 and register for Bixpo 2007.