Capco in Grand Junction is among six Colorado companies that have received statewide awards for workplace safety.
The Colorado Department of Labor and Employment (CDLE) honored Capco and the other companies at a reception at the governor’s executive residence in Denver.
Founded in 1958, Capco manufactures military hardware. Capco earned additional recognition earlier this year as the U.S. Small Business Administration prime contractor of the year for a six-state region that includes Colorado.
Capco earned the workplace safety award in part because of efforts to develop written safety policies and promote safety through employee training.
Each of the six award recipients were certified by a state program that guides employers in establishing safety practices that reduce workplace injuries. In doing so, employers lower their workers compensation insurance premiums 5 percent to 10 percent. More than 6,000 employers have been certified through the Premium Cost Containment Program over the past three decades, reducing insurance premiums a total of almost $290 million.
“A safe workplace benefits everyone, and it’s a job for everyone,” said Ellen Golombek, executive director of the CDLE.
About 120,000 work-related injuries are reported in Colorado each year, and about 30,000 of those injuries result in lost time, Golombek said.
“Reducing that number can be challenging, particularly for some industries. But these award winners will tell you the benefits in employee productivity and moral and premium savings make it worth the effort,” she added.
More information about the Premium Cost Containment Program is available by calling (303) 318-8644.