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Showdown Looms Over Drilling by MICHAEL DAVIDSON Commission

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Showdown Looms Over Drilling by MICHAEL DAVIDSON Commission 1A 1A NONPROFITS DISTINCTIVE HOMES First Nations’ business Remodeling priority: acumen helps tribes cost-effective fix ups $1 5A SECTION B Volume 31 Issue 17 | Aug. 3-16, 2012 Showdown looms over drilling BY MICHAEL DAVIDSON commission. [email protected] The ordinance cites the dramatic Can city overrule state on oil, increase in the number of wells in The fight over a community’s abil- Colorado, concerns about the safe- ity to regulate natural-gas drilling is gas extraction inside its limits? ty of chemicals used in hydraulic headed to a Boulder County court- fracturing, or fracking, and possible room, although the issue at hand will 30 filed suit against the city of Long- oil and gas industry. The complaint health impacts. be one of jurisdiction, not safety. mont, claiming an ordinance recently was filed in Boulder County District The state finds several provisions of The Colorado Oil and Natural Gas passed by the city would “under- Court by the state Attorney General’s the ordinance objectionable, including Conservation Commission on July mine” the state’s role in regulating the office, which is acting on behalf of the ➤ See Drilling, 27A book RUNNING ON AIR greenGUIDE TO SUSTAINABLE BUSINESS IN THE BOULDER VALLEY Anti-gravity treadmill gives lift to injured athletes’ rehabilitation Roadwork begins to improve A Special Publication of the Boulder County Business Report aug. 3-16, 2012 U.S. 36 Effect on drivers Meet companies, people will be substantial striking balance between BY MICHAEL DAVIDSON commerce, environment [email protected] Companies and people in the Boul- der Valley are continuing their quest BROOMFIELD — Commuters, to find a balance between business be warned: Preliminary work on the and the environment. long-awaited $312 million, two-and- Read stories about their efforts in a-half year project to rebuild U.S. the Boulder County Business Report’s Highway 36 between Denver and annual Greenbook: Guide to Sustain- Louisville has begun, with ongoing able Business in the Boulder Valley. overnight lane closures scheduled for Check out Beyond Aviation’s elec- stretches of westbound U.S. 36. tric airplane, sefe inc.’s attempts to The U.S. 36 Express Lane Proj- harness energy from the atmosphere, JONATHAN CASTNER ect will build a dedicated lane for efforts for energy-smart retrofitting of Rob Pickels, an exercise physiologist at the Boulder Center for Sports buses, high-occupancy vehicles and commercial buildings, this year’s class Medicine, monitors Mark Shepard as he works out on an anti-gravity tread- toll payers in each direction between of local Eco Heroes and a directory of mill. Patients rehabilitating after hip or knee surgeries or leg injuries seem to Federal Boulevard and 88th Street. It green businesses. get the most benefit from the anti-gravity treadmills, doctors and physiolo- also will replace five bridges, includ- Find the magazine inserted in this gists said. See story, 11A. ing the Wadsworth Interchange in issue. ➤ See Roadwork, 8A CONTENTS Serving Boulder & Broomfield Counties Health/Wellness Awards ....................... 23A For the Record .......... 19A Boulder County’s Business Journal Sports medicine .... 11A Bank Notes ................ 10A Nonprofit Network ...... 21A BCBRdaily .................... 2A On the Job ................. 22A Education Business Digest ........ 21A Product Update.......... 22A Sustainable Calendar ..................... 23A Publisher’s Notebook . 26A programs ............... 15A Editorial ...................... 26A Real Estate ................. 24A Eye ............................... 3A LISTS Physical Therapy/ Sports Rehabilitation Centers ..... 12A Home Builders ......................................15B Continuing Education Programs ................................ 16A Residential Real Estate Brokerages ...21B 2A 2A 2A | Aug. 3-16, 2012 Boulder County Business Report | www.bcbr.com Funds raised online to help snack firm grow Editor’s note: The following is a wrap- in the project can have a new Veggie- Under terms of the agreement, BCBR Opinion Poll up of breaking local business stories Go’s snack flavor made just for them, Amgen paid an upfront fee of $60 Our online question: published daily on the Boulder County he said. Kickstarter.com is “basically million to Array. In addition, Array is Should the city of Boulder change Business Report’s website. Sign up strangers giving you money,” he said. entitled to receive about $658 million its climate action plan to require 100 10 20 30 40 50 60 70 80 90 for our free BCBRdaily, an all local “It’s a really cool system.” more in additional milestone pay- 0 commercial buildings to be more e-news report sent to your email each Before the Kickstarter campaign ments if all clinical and commercial- energy efficient? weekday. Just click on “Register for started, the McHughs were financing ization milestones are achieved. Array E-Newsletters” at www.BCBR.com. the company themselves, McHugh also would receive royalties on sales of Yes 43.9% said. The company plans to ramp up any approved drugs developed under BY BUSINESS REPORT STAFF production and sales nationally some- the agreement. [email protected] time in the next several months as a Amgen makes anemia drugs result of interest from independent Aranesp and Epogen at its plant in BOULDER — Food company The grocers around the nation, he said. Longmont and also has operations in Naked Edge LLC will buy kitchen Posted July 27. Boulder. equipment to make its Veggie-Go’s Posted July 19. No 56.1% dried fruit and vegetable snacks after raising $13,000 in an online campaign BCBR DAILY New CEO at solar firm Your comments: on Kickstarter.com. LOUISVILLE — Solar-energy Instead of governments making demands, The Boulder-based company Array to get $8.5 million company Real Goods Solar Inc. has they need to offer incentives, and the free received the money July 26, said co- BOULDER — Array BioPharma a new chief executive — Kam Mofid. market will respond. owner John McHugh, who founded Inc. will receive an $8.5 million mile- Bill Yearsley, the previous CEO New buildings: Yes, obviously. Existing the company with his wife, Lisa, in stone payment in an agreement with of the Louisville company (Nasdaq: buildings: Individuals and corporations should 2011. The Naked Edge makes organ- Amgen Inc. after enrolling diabetes RSOL), has decided to leave to pur- not be compelled other than by way of finding ic fruit and vegetable Veggie-Go’s patients in a drug trial. sue other interests, the company said it more cost-effective to be more energy efficient. snacks in flavors such as mountain Boulder-based Array (Nasdaq: in a press statement. Yearsley will berry spinach, sweet potato pie, cin- ARRY) said the drug in question — remain involved in the company dur- – 57 Responses from June 20 to July 30, 2012 namon-spiced beet, carrot ginger and AMG151 — previously was found ing the transition to Mofid’s leader- This poll is not scientific and reflects only the opinions of mulled wine. effective in controlling blood glu- ship, according to the statement. those Internet users who have chosen to participate. The results cannot be assumed to represent the opinions of Anyone can invest in a project on cose. The milestone was achieved Mofid most recently was general Internet users in general, nor the public as a whole. the online website Kickstarter.com after Amgen reached a predefined manager of global residential and (based in New York City) in return patient enrollment level in a Phase 2 light commercial systems at SunE- Take the BCBR Opinion Poll online at BCBR.com. for a “reward” once a funding goal is clinical drug trial. Thousand Oaks, dison LLC, a solar-energy company reached, McHugh said. In this case, California,-based Amgen (Nasdaq: based in Beltsville, Maryland. He also engineering and operations manage- investors will receive a certain num- AMGN) entered into an agreement served as president of another solar- ment positions at General Motors ber of Veggie-Go’s snacks, he said. In with Array regarding AMG 151 in energy company. Co. (NYSE: GM), based in Detroit. addition, people who invested $250 December 2009. Earlier in his career, Mofid held ➤ See BCBRdaily, 18A 3A 3A Boulder County Business Report | www.bcbr.com Aug. 3-16, 2012 | 3A DigitalGlobe eyes stability, savings with merger BY MICHAEL DAVIDSON mately $900 million. DigitalGlobe employs about 600 [email protected] The deal gives DigitalGlobe lead- people at its Longmont headquarters, ership of the new company and ends and GeoEye has about 130 employees LONGMONT — Company offi- merger talks that began in February in Thornton. cials hope the merger of DigitalGlobe when GeoEye attempted to acquire DigitalGlobe executives did not with rival GeoEye will mean more DigitalGlobe in an unsolicited hostile discuss potential job cuts in the release stability for investors, a solidified takeover. announcing the merger or specifically presence in Colorado and cost sav- The combined company will retain address job cuts in the conference call ings that will mean a stronger bidding the DigitalGlobe name and New York Tarr Estes it hosted to discuss the merger. position to win government contracts. Stock Exchange symbol DGI, and be Instead, they emphasized the poten- DigitalGlobe Inc., a Longmont- headquartered in Longmont. GeoEye Upon the transaction’s completion, tial for growth and reiterated that the based provider of high-resolution is based in Herndon, Virginia. Jeffery DigitalGlobe shareholders will own merged company will maintain signifi- satellite imagery, is to merge with Tarr, DigitalGlobe’s president and approximately 64 percent of the com- cant staffs at the sites currently oper- competitor GeoEye Inc. in a stock and chief executive, will retain those roles pany, and GeoEye (Nasdaq: GEOY) ated by DigitalGlobe and GeoEye. cash transaction valued at approxi- in the new company. shareholders will own 36 percent. ➤ See DigitalGlobe, 18A Bennet gives Skratch Labs Clovis chief a D.C. stage Patrick Mahaffy, president and chief executive of Clovis Oncology Inc., a cancer-drug firm based in Boul- der, joined U.S.
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