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Noodles Cooks up Wall Street Winner by BETH POTTER Noodles & Co

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Noodles Cooks up Wall Street Winner by BETH POTTER Noodles & Co $1 PERKS AND PAY CRAFT BREWING Firms provide workers Taprooms springing up food, exercise classes throughout the region 11A 14A Volume 32 Issue 15 | July 5-18, 2013 Noodles cooks up Wall Street winner BY BETH POTTER Noodles & Co. executives have said [email protected] they plan to grow the company’s Stock price more than doubles soon number of restaurants to 2,500 in the BROOMFIELD – For Noodles & next 15 to 20 years. Co. Inc., success is being served up in after locally based firm launches IPO The soaring stock price right out ever-bigger helpings. The Broomfield-based company mission . Underwriters may buy an of the gate is the latest and greatest Hungry investors of Noodles’ stock (Nasdaq: NDLS) raised $96.4 mil- additional 803,571 shares in overal- in a line of successes for the Colora- sent the fast-casual restaurant chain’s lion in the initial public offering, sell- lotments in the next 30 days. do-born company. The $40 trading share price over the $40 mark just one ing 5.4 million shares for $18 each, Shares rose to $40.67 in trading price comes after Noodles originally trading day after it made its debut at according to documents filed with the on July 1 before dropping slightly to planned its price per share in the IPO $18 on June 28. U.S. Securities and Exchange Com- close at $38.47 at the market’s close. ➤ See Noodles, 22A Residents Canines on call enlisted Front Range Rescue dogs – and their owners – provide vital service 24/7 to help sell Boulder Bureau makes video to train ‘ambassadors’ BY BETH POTTER [email protected] BOULDER — The Boulder Con- vention and Visitors Bureau wants resi- dents to be “ambassadors” for the city. Folks at the bureau want residents to direct visitors to a favorite local spot, whether it’s Chautauqua Park, a rooftop watering hole on Pearl Street or the Boulder Creek Path. The bureau has created an “ambassador” video to provide ideas on what to say and do when engaging visitors. Convention and Visitors Bureau staff unveiled the “ambassador” video as well as visitor statistics for Boulder col- PETER WAYNE lected from 3,445 surveys completed After locating the “missing” person during field training, rescue dog Scout returns to handler Mark Bedenbender to between April 1, 2012 and March 20. report the find as his owner, Ryan Root, looks on. Dogs and owners training with Boulder-based nonprofit Front Range Copies of the video are available Rescue Dogs undergo six months to a year of lessons. See story, 7A. ➤ See Bureau, 22A CONTENTS Serving Boulder & Broomfield Counties Awards ........................................... 21A For the Record ............................... 17A Boulder County’s Business Journal BCBRdaily ........................................2A Nonprofit .......................................... 7A Business Digest ............................. 20A Nonprofit Network ..........................21A Calendar .........................................21A On the Job ..................................... 20A Editorial .......................................... 26A Publisher’s Notebook .....................26A Eye ................................................... 3A Real Estate .....................................24A LISTS Employee-Benefits Companies ..... 12A Microbreweries .............................. 16A 2A | July 5-18, 2013 Boulder County Business Report | www.bcbr.com Boulder firm closes Doc Holliday Casino Editor’s note: The following is a At the same time, plans for Global ment announcing his departure as Roby, whose background is in wrap-up of breaking local business Casinos to sell off its gaming interests chief executive from Valley Hospi- fundraising campaigns, cultural arts, stories published daily on the Boul- and to acquire a real estate invest- tal, a 123-bed facility in Spokane, public works and capital improve- der County Business Report’s web- ment trust that buys properties Washington. ment campaigns as well as commu- site. Sign up for our free BCBRdaily, related to health care, have been put Barts’ last day in his current job nity redevelopment and outreach, an all local e-news report sent to off until Dec. 31, according to SEC was scheduled to be Friday, July 5. has worked for the Arvada Center your email each weekday. Just click documents filed June 18. He was named chief executive of in addition to serving as an executive on “Register for E-Newsletters” at Posted June 19. Valley Hospital in 2009. with the city of Arvada, Arapahoe www.BCBR.com. Avista is a member of Centura County and Saunders Construction. Health, a faith-based, nonprofit For Exempla, he will be tasked BY BUSINESS REPORT STAFF health-care network. The Centura mainly with establishing a capac- [email protected] BCBR DAILY network includes 14 hospitals, seven ity-building campaign to support senior living facilities, medical clin- programs at the new Comprehen- BOULDER – Boulder-based Barts named hospital CEO ics, affiliated partner hospitals, the sive Cancer Center that is slated to Global Casinos Inc. (OTCBB: LOUISVILLE – Dennis Barts Flight for Life Colorado helicopter open in the fall. He also will oversee GBCS) has closed the Doc Holliday has been named service and home-care and hospice other fundraising projects, includ- Casino in Central City, putting 20 chief execu- services in Colorado and Kansas. ing the Good Sam Bike Jam for people out of work, according to the tive officer of Posted June 27. cancer patients, Baby’s First Ride car casino’s controller. Avista Adven- seat checks, Exempla Cares internal The 200-slot casino was shut tist Hospital in Exempla foundation hires exec campaign for hospital associates, down June 13, said Sandra Dodson, Louisville and LAFAYETTE – The Exempla and other programs to ensure that the casino’s controller. Global Casi- is scheduled to Good Samaritan the hospital has the most up-to-date nos continues to own and operate start July 22. Medical Center equipment. Bull Durham Saloon and Casino in Barts will Foundation has Posted June 21. the neighboring mountain town of take over the Barts hired Bob Roby Black Hawk, Dodson said. top job at the to lead its fun- Skyline opens in Boulder Doc Holliday Casino closed fol- 114-bed hospital draising efforts. BOULDER – Skyline Home lowing a decline in customers, which from John Sackett, who resigned to Roby recently Loans opened an office at 2305 Can- was attributed to a general decline become president at 331-bed Shady was named vice yon Blvd., Suite 200, in Boulder. in tourism in recent years associated Grove Adventist Hospital in Rock- president and Chad Hartsfield will manage the with a national recession, according ville, Maryland. executive direc- Roby one-person office, and he expects to documents filed with the U.S. Moving to Colorado gives Barts tor for the foun- to add five to seven loan officers Securities and Exchange Commis- the chance to be closer to his grown- dation, which within the year. The office is part of sion. Global Casinos is incorporated up children and grandchild, as well raises funds for programs of the Skyline’s Financial Network division in Utah, according to SEC docu- as the opportunity to work for his Exempla Good Samaritan hospital based in Calabasas, California. ments. church, Barts said in a press state- in Lafayette. ➤ See BCBRdaily, 27A FOR THOSE WHO CAN THINK OF WEALTH BEYOND JUST DOLLAR SIGNS Vectra Wealth Management wasn’t designed around numbers, percentages, trends and account numbers. That’s not to say we don’t take those things seriously, but we’re just as interested in getting to know you as a person, a family or a business — or all three. That’s why our dedicated relationship managers will offer you the attention and a multitude of benefits that help you maintain financial success, not just financial status. Member FDIC vectrabank.com Proactive Relationship Banking 800.727.9243 Boulder County Business Report | www.bcbr.com July 5-18, 2013 | 3A Index: Business leaders upbeat on economy BY JOSHUA LINDENSTEIN including the national economy, state [email protected] CONFIDENCE IN THE STATE ECONOMY, economy, industry sales, industry which increased from 62.1 to 64.6, is the highest profits, capital expenditures and BOULDER — Colorado business hiring plans. leaders’ confidence in the national it’s been in more than a year. While confidence locally had been economy spiked heading into the high as of late, the across-the-board third quarter of 2013, according to 50 or higher – last quarter before see- a row. positive standings come after the the most recent Leeds Business Con- ing the latest jump, which coincided The Leeds School’s Business national economy and industry hir- fidence Index, released Monday by with another big uptick in confidence Research Division conducts the con- ing plans categories were in negative the University of Colorado-Boulder’s in the state’s economy. fidence index, which is now in its territory just two quarters ago. Leeds School of Business. Confidence in the state economy, 10th year. Overall, the third quarter “The index is very strong, univer- Confidence in the national econo- which increased from 62.1 to 64.6, index posted a reading of 60.1, up sally strong – a significant uptick in my increased from 50.4 last quarter to is the highest it’s been in more than a from 58.1 last quarter. Expecta- confidence,” said economist Richard 58.1 in the new index. The measure year and outpaces that of the nation- tions measured positive for all of Wobbekind, executive director of had tipped into the positive range – at al economy for the 33rd quarter in the metrics measured by the
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