SBA-backed lending approaches $17 million in Mesa County

Phil Castle, The Business Times The dollar volume of loans issued in Mesa County under a federal small business financing program nearly tripled during the 2019 fiscal year. According to the Colorado District Office of the U.S Small Business Administration, 28 loans worth a combined $16,564,700 were issued under the SBA 7(a) guarantee program. Another […]

Mesa County jobless rate drops to record low

Phil Castle, The Business Times The monthly unemployment rate in Mesa County has dropped to its lowest level on record — an indication of improving economic conditions, but also a tight labor market that makes it difficult for employers to fill job openings. “Employers are having a hard time trying to find people. It’s pretty […]

Mill tailings cleanup passes 10 million ton milestone

A project to move and store a massive pile of uranium mill tailings along the Colorado River near Moab, Utah, has passed another milestone. The Department of Energy reported that 10 million tons of tailings have been moved from Moab and shipped 30 miles to a disposal site near Crescent Junction, Utah. That’s more than […]

SBA grant promotes export growth in Colorado

The U.S. Small Business Administration has awarded a $480,000 grant to promote export growth in Colorado. The SBA awarded the grant to the Colorado Office of Economic Development and International Trade as part of the SBA State Trade Expansion Program (STEP). The latest grant represents a $155,196 increase over funding awarded in 2018. Dan Nordberg, […]

Fruita manufacturer approved for Jump-Start incentives

A fast-growing manufacturer based in Fruita has been approved to participate in a program offering tax incentives for creating new jobs. FHE USA joins 14 other companies participating in the Colorado Rural Jump-Start Program in Mesa County, the Grand Junction Economic Partnership announced. “We are thrilled to see FHE among the Jump-Start participants,” said Robin […]

Fins are in: Capco adds to growing operation

Fins are in: Capco adds to growing operation

Phil Castle, The Business Times A tour of the new manufacturing operation at Capco takes visitors through a process that involves robotic welders, computerized testing stations and a powder coating facility. The end result: bomb fin assemblies stacked just so on pallets and ready for shipment. From his perspective as chief executive officer of Capco, […]

Business groups back Grand Junction ballot measure

Phil Castle, The Business Times A question on the November ballot asking voters permission to increase debt to fund transportation projects in Grand Junction is an important one for business groups supporting the measure. “It’s a business issue for us. But it’s also about building a community,” said Diane Schwenke, president and chief executive officer […]

United Way eligibility reviews due Oct. 31

Organizations applying for funds from United Way of Mesa County have until Oct. 31 to complete eligibility reviews. To be considered for funding, organizations must have: Tax-exempt status under section 501(c)(3) of Title 26 of the United States Code and have been incorporated as a nonprofit for at least two years as of Oct. 1. […]

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