Federal mineral lease funds to help community

Newly formed district announces available grants. By using the newly formed Federal Mineral Lease District (FML) to receive federal lease funding, a new competitive grant process has been created to provide opportunities for eligible organizations to strengthen and enhance the communities of Mesa County. The grant approach was selected because of the business-driven, community-wide economic […]

Colorado business index rebounds from four-month slump

An index tracking business conditions in Colorado rebounded in October to end a four-month slide as prospects improved for computer and electronic component manufacturers as well as the energy industry. The Business Conditions Index rose 1.4 points to 53.3. The gain was the first since May and pulled the index off its lowest level in […]

Grand Valley Power names new manager

A lawyer who’s worked for a Texas electrical cooperative for more than a decade is expected to take over next year as the new general manager of Grand Valley Power. Thomas Walch has been hired as executive vice president and general manager of the Grand Junction-based not-for-profit electric distribution cooperative. Walch succeeds Jack Broughton, who […]

Industry veteran new president of American National Bank

An executive with more than 30 years of industry experience has been hired as the new president of American National Bank. Koger Propst oversees a bank that operates a total of 36 locations in Colorado and Wyoming, including locations on the Western Slope and in Grand Junction. “We are extremely pleased to have Koger join our […]

Certified Development Companies actually do have “skin in the game”

To the editor: A recent guest column in the Business Times concerning the U.S. Small Business Administration’s (SBA) 504 loan program requires both rebuttal and correction. SBA 504 loans are designed to provide small- and medium-sized businesses access to long-term capital for the purchase of owner-occupied commercial real estate and capital intensive equipment and machinery. […]

State legislator earns award from housing group

A Mesa County state legislator and businesswoman has earned recognition for her support of mortgage lending and foreclosure counseling services legislation. Housing Colorado presented State Rep. Laura Bradford, R-Collbran, with its 2011 Legislator of the Year award. Housing Colorado offers affordable housing education, information and advocacy. 

New senior VP to oversee retail banking

First National Bank of the Rockies has promoted a manager to oversee retail banking operations in Western Colorado. Todd Young has been named senior vice president of retail banking. In his new position, Young will oversee retail banking operations as well as bank managers at 10 locations throughout the region. Young previously served as manager […]