Wayne Heilman

Business Reporter

  • New York investors buy longtime Colorado Springs landscaping material business

    Updated: Thu, Jan 8, 2015

    JLL Partners Inc., a New York-based private equity investment firm, has acquired Colorado Springs-based Pioneer Sand Co. Inc. and its related landscaping materials businesses with plans to expand beyond its 30 locations in Arizona and Colorado. JLL retained nearly all of Pioneer's...

  • New-vehicle registrations hit high gear in El Paso County last year

    Updated: Wed, Jan 7, 2015

    New vehicles registered in El Paso County surged to a 10-year high last year, fueled by growing consumer confidence and low-interest loans offered by many manufacturers and 
lenders. The 25,603 new vehicles registered in the county in 2014 was up 7.6 percent from 2013, the fifth...

  • Colorado Springs man agrees to stay away from banking profession

    Updated: Tue, Jan 6, 2015

    The Federal Deposit Insurance Corp. has banned Christopher Tumbaga of Colorado Springs from banking after he pleaded guilty last year to bank fraud. Tumbaga was accused of fraudulently securing loans totaling more than $1 million for a high school friend while he was a loan officer...

  • Colorado to get $3 million share of DaVita's $389 million settlement

    Updated: Tue, Jan 6, 2015

    The state of Colorado will receive more than $3 million under a $389 million settlement DaVita Healthcare Partners finalized in October with federal prosecutors and regulators, the Colorado Attorney General's Office said Monday. The settlement, initially reached in February, resolves...

  • Colorado Springs tech company grows again with Philly-area acquisition

    Updated: Tue, Jan 6, 2015

    Braxton Science & Technology Group has acquired Gnostech, a 75-employee engineering and consulting company based in the Philadelphia area. It's the second in a series of acquisitions the Colorado Springs-based aerospace firm hopes to make over the next few years. Terms of the Dec. 24...

  • New health facility next to Monument Y to celebrate grand opening

    Updated: Mon, Jan 5, 2015

    The Tri-Lakes Health Pavilion, adjacent to the Tri-Lakes YMCA at 17230 Jackson Creek Parkway in Monument, will celebrate its grand opening from 10 a.m. to 1 p.m. Saturday. The pavilion, developed by The Boldt Co., includes facilities for urgent and primary care, rehabilitation,...

  • S&P reaffirms Colorado Springs Airport's bond rating

    Updated: Mon, Jan 5, 2015

    Standard & Poor's Rating Services has affirmed its BBB+ rating with a stable outlook on bonds issued by the Colorado Springs Airport. The bond rating agency said Dec. 29 that the rating reflects airport traffic in the first 10 months of the year declining 4.7 percent from the...

  • Wiping out dirt, germs is big business

    Published: Sat, Jan 3, 2015

    A Colorado Springs company is really cleaning up - figuratively and literally. Concern over the spread of the enterovirus-68 respiratory infection and growing interest in environmentally friendly cleaning methods combined to produce a banner year for Colorado Springs Cleaning Supply...

  • Colorado Springs faces tough question: Where have all the workers gone?

    Updated: Tue, Dec 30, 2014

    the surface, the numbers are encouraging: The Colorado Springs area's unemployment rate declined by nearly a third, from 7.8 percent in October 2013 to 5.4 percent in October of this year. But dig a little deeper, and a bleaker picture emerges. Nearly half of the drop in the jobless...

  • Colorado Springs businessmen app-ly themselves to helping parents, foster and otherwise

    Updated: Mon, Dec 29, 2014

    Foster parents spend a lot of time waiting. Waiting while their foster children are at appointments. Waiting while the kids are visiting their birth parents. Jon Bell and Mike Ruman want to help foster parents spend that time doing something more productive than surfing the web...