Author: Wayne Heilman
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Colorado Springs sales tax revenue scores 12th consecutive double-digit gain
Colorado Springs sales tax revenue in February jumped by a double-digit percentage for the 12th consecutive month, though the gain was the smallest in a year. The $15.9 million generated from the city’s 2% sales tax last month was up 12.4% from a year ago, according to the Colorado Springs Finance Department report released Wednesday. The…
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Delta resuming nonstop flights from Colorado Springs to Atlanta this summer
Delta Air Lines will restore its nonstop daily flight between Colorado Springs and Atlanta in August, more than two years after suspending the flight during the early days of the COVID-19 pandemic. The Atlanta-based carrier, which had operated the route since 1997 before suspending it on March 31, 2020, announced Tuesday it will reinstate the…
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Colorado recovers jobs lost in first months of pandemic
Colorado’s private sector has recovered all of the jobs lost early in the COVID-19 pandemic, according to a report from the Colorado Department of Labor and Employment. Since May 2020, the state has added 370,000 private sector payroll jobs, compared to losses totaling 358,800 in March and April 2020 that were triggered by a stay-at-home state…
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Omaha-based auto group buys second Colorado Springs vehicle dealership
Omaha, Neb.-based Baxter Auto Group has acquired Larry H. Miller Toyota of Colorado Springs in the Motor City area, its second local dealership after buying Lexus of Colorado Springs in 2016. Baxter Auto retained all 70 employees of the dealership, but named longtime company executive Dylan Page, who had operated Baxter’s Subaru dealership in Omaha,…
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Southwest Airlines’ 1st year in Colorado Springs a ‘game changer’
The growth of Southwest Airlines at the Colorado Springs Airport has landed the airport a problem that most of the nation’s airports would welcome: not enough parking during peak travel periods. The Dallas-based, low-fare giant has made a major impact at Colorado’s second-largest airport, becoming its largest carrier in the first month of service, boosting…
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Century Casinos bounces back from 2020 loss in 2021
Century Casinos bounced back from a $48 million loss in 2020 with $20.6 million profit in 2021, despite the spread of the two COVID-19 variants that reduced customer visits and a labor shortage that made hiring difficult. The Colorado Springs-based gaming company reported revenue last year jumped 28% from 2020 to $388.5 million as customers…
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Colorado Springs defense contractor to merge with rival, HQ to be in Virginia
Colorado Springs defense contractor Vectrus announced Monday it will merge with a larger rival to create a military-focused giant that will be based in northern Virginia. The transaction with Madison, Miss.-based The Vertex Co. will form a defense contractor that will be among the nation’s 20 largest, with annual revenue totaling $3.4 billion, the companies…
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Colorado Springs movers and shakers
Robyn Sedgwick has been hired by WayFM as general manager of its Colorado and Kansas operations, including Colorado Springs and Denver. She had been general manager for three years of classical format KCME-FM and its Jazz 93.5 affiliate, both in Colorado Springs. She also was general manager of Christian-format KTLF, KTPL and The Legacy network…
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Colorado Springs gold producer boosts 2021 profit by more than 70%
BRIEFLY Fortitude Gold boosts ’21 profit by over 70% Fortitude Gold credited higher-grade gold deposits at its Nevada mine for surging sales and profits last year, its first year as a separate company after it was spun off from Denver-based Gold Resource. The Colorado Springs-based gold producer reported Tuesday that its sales jumped 52.2% from…
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Colorado Springs gets British company’s first U.S. office
British-based Lumien, a company devoted to improving workforce well-being, has chosen Colorado Springs for its first U.S. office, with plans to employ up to 40 people within two years for sales, marketing and customer support. Lumien CEO and co-founder Chris Golby said Tuesday the office will open in April with five employees and will spend…