Author: Wayne Heilman
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Colorado Springs set to offer $50,000 in incentives for an aerospace company hiring 225
The Colorado Springs City Council is poised this month to approve a $50,399 incentive for an undisclosed aerospace and defense company that plans to hire 225 people during the next three years. Without objection, the council on Monday put a resolution supporting the incentive on its May 24 agenda that will automatically be approved unless…
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Inflation nation: Colorado Springs residents pummeled by rising prices
Blake Watson has a simple — and no doubt shared — reaction to rapidly rising prices for everything from gasoline to food to airfare. “It’s insane,” he says. Recently, he and his wife, Amanda Watson, were packing their minivan with bags of groceries at a Colorado Springs King Soopers with their four kids in tow, including their…
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Colorado Springs Utilities says leasing capacity would pay for proposed fiber-optic network
Colorado Springs Utilities touted plans in January to build a high-speed internet network that would reach every neighborhood and help bridge the digital divide. But as the market for fiber-optic services has gotten more competitive in town, experts say the project could carry more risk. Under the proposal, Utilities would build out the fiber-optic network,…
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3 fiber-optic networks to compete for customers in Colorado Springs
Colorado Springs residents have a choice of supermarkets for groceries, service stations for fuel and restaurants for dining out. By early next year, they could have increased choices for high-speed internet services, including up to three fiber-optic providers. Underline Infrastructure, MetroNet and Colorado Springs Utilities all have announced plans since October to build fiber-optic networks…
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Colorado Springs-based companies report improved 1st-quarter earnings
Century Casinos sold its Calgary casino to investors for a $2.15 million loss, leaving the Colorado Springs-based gaming company barely in the black during the first quarter. Courtesy Century Casinos Century Casinos and Fortitude Gold, both based in Colorado Springs, moved into 2022 by boosting profits during the first quarter. Century bounced back from a…
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UCCS opens $7 million cybersecurity and research center
The University of Colorado Colorado Springs opened a new cybersecurity education and research center Thursday that Chancellor Venkat Reddy called the cornerstone of its cybersecurity programs. The 26,000-square-foot center, located in a former satellite manufacturing plant on North Nevada Avenue, houses cyber labs, offices, conference rooms, classrooms, “collaboration spaces” where students can work together on…
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Children’s Hospital Colorado adds tuition-free education benefit
Children’s Hospital Colorado last week became the latest major employer to add tuition-free education as an employee benefit, joining a growing list ranging from Walmart to The Walt Disney Co. Nearly a fourth of Children’s 7,500 employees have created user accounts to find out more about the benefit through Denver-based Guild Education, said Greg Raymond,…
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Co-founder of Colorado Springs company retires after nearly 31 years with software developer
Mike Juran, cofounder and CEO of Colorado Springs-based software company Altia, left, and Tom Walton, another Altia cofounder, discuss Walton’s retirement from the company after nearly 31 years. (Video by Wayne Heilman) Tom Walton dreamed of Altia growing into a company where he and others could spend their entire careers before retiring. That dream became…
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Colorado Springs Airport passenger traffic surges to 20-year high
Passenger numbers at Colorado Springs Airport in March jumped to a 20-year high as its largest carrier, Southwest Airlines, celebrated its first year of service to the city. The 87,346 passengers that boarded outbound flights last month were the most for any March since 2002, according to the airport. That’s up nearly 25% from February…
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Basketball lifts March sports betting to second-highest monthly total
The final weeks of the NBA regular season and the NCAA basketball tournament lifted sports bets in Colorado last month to the second-highest monthly total in the nearly two years since such wagers were legalized. Bets on professional and college basketball made up nearly two-thirds of the $505.6 million wagered in March, the Colorado Division…