More Wayne Heilman Articles

Wayne Heilman

Business Reporter

  • Colorado Springs company lays off 105 workers

    Updated: 19 hr ago

    Diamond Wire Material Technologies, a diamond wire cutting business in Colorado Springs, laid off 105 employees - about a third of its workforce - Friday, the result of one of its prime customers filing for bankruptcy this month. Employment and production at the Diamond Wire operation...

  • Colorado Springs medical device company sees shares soar

    Published: Fri, Oct 24, 2014

    Shares of Colorado Springs-based medical laser manufacturer Spectranetics Corp. surged to the highest level in seven months Friday in the wake of financial results that exceeded company and analysts' forecasts. Spectranetics shares jumped $3.67, or 13.4 percent, to $31, the highest...

  • DaVita's $389 million settlement not an issue in sale of Colorado Springs medical practice

    Updated: Thu, Oct 23, 2014

    A $389 million settlement DaVita Healthcare Partners Inc. finalized late Wednesday with federal prosecutors and regulators won't derail the Denver-based company's purchase of Colorado Springs Health Partners, officials said Thursday. In fact, the 76 doctors who own and unanimously...

  • Spectranetics sets record for revenue, but still has third-quarter loss

    Published: Fri, Oct 24, 2014

    The biggest acquisition in Spectranetics Corp.'s history brought record revenue and a big loss in the third quarter, the company reported Thursday. But both results beat forecasts by the Colorado Springs-based medical laser manufacturer and Wall Street analysts who follow its stock....

  • No workplace injuries mean another award for MechOne Inc.

    Updated: Thu, Oct 23, 2014

    For a company whose employees make and install sheet metal in commercial air conditioning and heating systems, you'd expect at least one on-the-job injury a year. But MechOne Inc. of Colorado Springs has never had an injury that caused an employee to miss work in its 14-year history....

  • Colorado Springs Health Partners gets new owner: How are patients affected?

    Updated: Thu, Oct 23, 2014

    Denver-based kidney care giant DaVita HealthCare Partners Inc. announced Wednesday it has acquired Colorado Springs Health Partners, the largest health care practice in Colorado Springs - a deal that could change the face of local health care. Terms of the deal, which is expected to...

  • Wait to act on vehicle recall, auto dealers advise

    Updated: Tue, Oct 21, 2014

    The National Highway Traffic Safety Administration may have issued a warning Monday for people to act "immediately" on a massive recall of vehicles with potentially defective airbags, but auto dealers are saying "not so fast." Most dealers are still in the dark about how to proceed,...

  • Terminal case: Colorado Springs Airport dealing with challenges 20 years after building's opening

    Updated: Tue, Oct 21, 2014

    On Oct. 22, 1994, a few days after a blowout community celebration that lasted nearly 10 hours, a 12-gate passenger terminal opened to great fanfare and high hopes just a few miles south of the old Colorado Springs Airport building near Powers Boulevard. - "The larger terminal will...

  • Judge's ruling puts stalled Colorado Springs project on road to revival

    Updated: Tue, Oct 21, 2014

    A federal bankruptcy judge in Denver approved a plan Monday for a committee of lienholders to take over the troubled Colorado Crossing project Nov. 4, ending a 4½-year bankruptcy that has left the five-building complex unfinished for nearly six years. The decision could help...

  • Colorado Springs call center won't close, after all -- and it's hiring

    Updated: Mon, Oct 20, 2014

    In a dramatic about-face, Firstsource Solutions Ltd. announced Monday that it will keep its Colorado Springs call center open and add 100 employees over the next 18 months after receiving a contract from a major health care plan to enroll new members. The India-based company said in...

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