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Inside Track   The latest business developments from the Colorado Springs area

Lockheed Martin moving Korean aircraft work to Springs

0 - Wed, Mar 19, 2014

Lockheed Martin Corp.is moving a team of 25-30 people to Colorado Springs from an operation in Goodyear, Ariz., that the military contracting giant is closing. The employees have been working on an Air Force contract to maintain South Korea’s...

Westminster to buy solar power from SunShare
0 Tue, Jul 29, 2014

The City of Westminster has agreed to buy 254 kilowatts from community solar arrays SunShare plans to begin building in September in Adams and...

Colorado Expressions closes in downtown Colorado Springs
0 Tue, Jul 29, 2014

Colorado Expressions, an artisan gallery and boutique at 122 E. Kiowa St. that displayed works from 68 artists, closed July 11. Gallery owner...

Verizon Business to lay off IT workers
By: Wayne Heilman 0 Wed, Jun 25, 2014

Telecommunications giant Verizon Business notified “well under 100″ information technology department employees at its Colorado Springs...

New vehicle registrations stay in low gear
By: Wayne Heilman 0 Thu, Jun 12, 2014

New vehicle registrations in El Paso County remained barely above neutral in May, edging up just 1.1 percent from a year ago, according to a report...

Colorado Springs investor changing plea in kickback case
By: Wayne Heilman 0 Tue, Jun 10, 2014

Brian Headle, a Colorado Springs real estate investor indicted on seven counts of bank fraud and 11 counts of giving kickbacks to a bank officer in...

More Colorado teens finding jobs
By: Wayne Heilman 0 Mon, Jun 9, 2014

The job market for Colorado’s teens is improving for the first time in several years, according to the latest numbers from the Colorado Department...

Hotel occupancy falls for second consecutive month
By: Wayne Heilman 0 Fri, May 16, 2014

The vacancy sign was out at plenty of Colorado Springs hotels in April. The occupancy rate for local hotels in April fell to 55.1 percent from 55.6...

Weather pounds Century Casinos first-quarter earnings
By: Wayne Heilman 0 Thu, May 15, 2014

Winter storms in Colorado blew away much of Century Casinos Inc.‘s first quarter profits, the Colorado Springs-based gaming operator said...

ANB agrees to buy Wyoming bank
By: Wayne Heilman 0 Tue, May 13, 2014

ANB Bank has agreed to acquire Capital West Bank of Laramie, Wyo., in a transaction expected to be completed by year’s end, the Denver-based...

Colorado Springs hotel occupancy dips in March
By: Wayne Heilman 0 Mon, Apr 21, 2014

Colorado Springs area hotels continued to struggle in March to bounce back from wildfires that struck the area during each of the past two summers,...

Advanced Cannabis Solutions stock continues plunge
By: Wayne Heilman 0 Fri, Apr 11, 2014

Shares of Advanced Cannabis Solutions Inc. continued to decline Friday in the wake of a 10-day trading suspension ordered by the Securities and Exchange...

Spectranetics wins federal approval for new products
By: Wayne Heilman 0 Thu, Apr 10, 2014

Spectranetics Corp. Thursday announced the U.S. Food and Drug Administration had cleared two new products for removing infected pacemaker leads that are...

Roop accuses Securities Division of "innaccurate and misleading" statements
By: Wayne Heilman 0 Thu, Apr 10, 2014

Richard Roop, president of Bottom Line Results Inc., accused the Colorado Division of Securities of using “numerous inaccurate and misleading...

Spectranetics among top Nasdaq stock declines Tuesday
By: Wayne Heilman 0 Tue, Apr 8, 2014

Shares of Colorado Springs-based medical laser manufacturer Spectranetics Corp. tied Tuesday for the sixth-biggest percentage decline of any company...

New vehicle registrations downshift in March
By: Wayne Heilman 0 Mon, Apr 7, 2014

New vehicle registrations in El Paso County hit a rough patch last month, skidding to the lowest monthly total since February 2013, according to a...

SBDC to host workshop on grants for businesses hurt by floods
By: Wayne Heilman 0 Thu, Apr 3, 2014

The Colorado Springs Small Business Development Center will host a workshop on community development block grants and loans available to businesses...

Exelis spinoff to be named Vectrus
By: Wayne Heilman 0 Tue, Apr 1, 2014

Exelis Inc. said Tuesday that it has selected Vectrus as the name for the spinoff of its Colorado Springs-based Mission Systems division when it becomes...

StarTek to host job fair to expand Springs call center
By: Wayne Heilman 0 Mon, Mar 24, 2014

Denver-based call center operator StarTek Inc. is hosting a jobs fair through Friday at the Pikes Peak Workforce Center. The company wants to hire about...

Colorado Springs center to manage VA business verification
By: Wayne Heilman 0 Thu, Mar 20, 2014

The Colorado Procurement Technical Assistance Center, which is based in Colorado Springs, has been selected by the U.S. Department of Veterans Affairs...

Century Casinos starts Calgary racetrack
By: Wayne Heilman 0 Thu, Mar 20, 2014

Century Casinos Inc. said Thursday it has begun construction on the Century Downs Racetrack and Casino near Calgary in Canada. The Colorado...

Hotel occupancy bounces back in February
By: Wayne Heilman 0 Wed, Mar 19, 2014

Colorado Springs area hotels bounced back in February with a strong month after occupancy declined in December and January, according to the Rocky...

New vehicle registrations off to fast start
By: Wayne Heilman 0 Tue, Mar 4, 2014

New vehicle registrations in El Paso County have started the year in high gear. After hitting an 8 1/2-year high in January, registrations in February...

Springs ranks as 18th best city for female entrepreneurs
By: Wayne Heilman 0 Fri, Feb 21, 2014

Colorado Springs ranks as the 18th best city for entrepreneurs among the nation’s 50 largest cities, according to an analysis by NerdWallet, a...

UCCS professor's company licenses his technology
By: Wayne Heilman 0 Thu, Feb 20, 2014

A company started by Michael Larson, a University of Colorado at Colorado Springs mechanical and aerospace engineering professor, has licensed...

Incubator, angel group sponsor workshop on financing
By: Wayne Heilman 0 Wed, Feb 19, 2014

Need help on refining your pitch to potential investors? Help is available from a free clinic offered by Colorado Springs Technology Incubator and High...

Hotel occupancy down in January
By: Wayne Heilman 0 Wed, Feb 19, 2014

There was plenty of room at the local inn during January, and the guests that did stay in the Colorado Springs area got a pretty good deal, according to...

BBB, Blue Star to host small business event
By: Wayne Heilman 0 Thu, Feb 6, 2014

If you own or operate a small business and want to get rid of an old computer, you will have an opportunity later this month. The Better Business Bureau...

State launches challenge to build app
By: Wayne Heilman 0 Wed, Jan 29, 2014

Politics makes strange bedfellows, and technology is making it stranger still. The offices of Colorado Gov. John Hickenlooper and Colorado Secretary of...

Construction begins on Tri-lakes health complex
By: Wayne Heilman 0 Mon, Jan 27, 2014

The Boldt Co. began construction Monday on a 50,000-square-foot addition to the YMCA of the Pikes Peak Region’s Tri-Lakes center in Monument that...

CenturyLink launches new version of TV app
By: Wayne Heilman 0 Mon, Jan 27, 2014

CenturyLink Inc. has launched the latest version of its free Prism TV application – 3.0 – that allows customers to view television and video on demand...

Vectra Bank to webcast economic forecast
By: Wayne Heilman 0 Thu, Jan 23, 2014

Vectra Bank will broadcast a live stream of its 21st annual Economic Forecast Update, which is scheduled from 7:30-9 a.m. Feb. 5 in Denver, on its...

Allegiant Air adds mobile boarding passes at all its destinations
By: Wayne Heilman 0 Tue, Jan 14, 2014

Las Vegas-based low-fare carrier Allegiant Air announced Tuesday it can now accept  mobile boarding passes at all 101 airports its serves, including...

Ent to host workshop on mortgage rules
By: Wayne Heilman 0 Thu, Jan 2, 2014

Ent Federal Credit Union will host a free workshop Jan. 15 for real estate agents to help them learn about new mortgage rules  at the offices of...

ANB Bank to break ground on new downtown branch
By: Wayne Heilman 0 Thu, Dec 5, 2013

ANB Bank will break ground on its new $5 million downtown branch at 2 p.m. Monday southwest of Cascade Avenue and Cimarron Street. The three-story,...

Vehicle registration rebound in November
By: Wayne Heilman 0 Wed, Dec 4, 2013

New vehicle registrations got back on track in November, jumping 28.7 percent to the highest monthly total in more than six years. The 2,366 new...

New vehicle registrations down in October
By: Wayne Heilman 0 Thu, Nov 21, 2013

The El Paso County auto market hit another speed bump in October. New vehicle registrations last month fell 6.8 percent from a year ago to 2,160, the...

Westside Pioneer to move to online only in January
By: Wayne Heilman 0 Tue, Nov 19, 2013

The Westside Pioneer will stop publishing its weekly print edition Dec. 19 and become an online-only publication in January, the 10-year-old weekly...

Technology Association reaching out to Springs companies
By: Wayne Heilman 0 Wed, Oct 30, 2013

The Colorado Technology Association is trying to live up to its name and become less centered on the Denver area by reaching out to technology...

New vehicle registrations increase in September
By: Wayne Heilman 0 Fri, Oct 4, 2013

New vehicle sales in El Paso County keep chugging along. The latest numbers from the El Paso County Clerk and Recorder’s Office show that new...

Greenwood Village Internet firm opens downtown office
By: Wayne Heilman 0 Tue, Sep 24, 2013

Greenwood Village-based Aspenware Internet Solutions has opened an office in downtown Colorado Springs at 118 N. Tejon St., Suite 200, with three...

CarMax hiring more than 1,000 nationwide
By: Wayne Heilman 0 Mon, Sep 23, 2013

CarMax Inc., the nation’s largest used car retailer, is hiring more 1,000 nationwide, including sales personnel, technicians, parts and operations...

Kohl's hiring 50,000 for holiday shopping season
By: Wayne Heilman 0 Thu, Sep 19, 2013

Looking for a short-term job just for the holidays? Wisconsin-based retailer Kohl’s Department Stores said Thursday it plans to hire more than...

Hotel occupancy up in August
By: Wayne Heilman 0 Wed, Sep 18, 2013

Indicators measuring the tourism industry in the Colorado Springs area are painting a mixed picture. Local hotel occupancy rose slightly in August to...

New vehicle registrations back on track in August
By: Wayne Heilman 0 Wed, Sep 11, 2013

The local auto market found another gear in August. New vehicle registrations in El Paso County in August jumped 22.3 percent from a year ago to 2,088,...

New vehicle sales hit roadblock in past two months
By: Wayne Heilman 0 Tue, Aug 6, 2013

The local car sales boom may be running out of gas. New vehicle registrations in El Paso County have declined in each of the past two months, compared...

CNBC ranks Colorado seventh best for business
By: Wayne Heilman 0 Wed, Jul 10, 2013

Cable television network CNBC on Wednesday ranked Colorado seventh on its “Top States for Business” annual list of competitiveness among...

Springs hotel occupancy increases for first time in 3 months
By: Wayne Heilman 0 Wed, Jun 19, 2013

Hotel occupancy in the Colorado Springs area in May rose compared with the same month a year earlier for the first time since January, according to the...

Bennet stresses importance of state's space industry
By: Wayne Heilman 0 Thu, May 30, 2013

Colorado needs to better promote itself as a key hub of the nation’s aerospace industry, U.S. Sen. Michael Bennet, D-Colo., said Thursday while at...

Airport commission debate heats up
By: Wayne Heilman 0 Wed, May 29, 2013

What a difference a day makes. Colorado Springs City Councilman Joel Miller sent a letter Tuesday morning to City Attorney Chris Melcher, which he...

Tech For Less receives quality, environmental and safety certifications
By: Wayne Heilman 0 Thu, May 23, 2013

Tech For Less has received certifications for quality management and environmental management from the International Organization for Standardization...

Rocky Mountain Chocolate Factory debuts in breakfast cereal
By: Wayne Heilman 0 Thu, May 16, 2013

Rocky Mountain Chocolate Factory has begun a partnership with Kellogg Co. to create a limited-edition breakfast cereal called Kellogg’s Rocky...

Curbside Cuisine opens for diners
By: Wayne Heilman 0 Thu, May 16, 2013

Curbside Cuisine, a gathering place for food trucks downtown at 225 N. Nevada Ave., opened Wednesday with The Local, The Crepe Crusaders and High Grade...

Aaron Brothers leaves Colorado Springs after 10 years
By: Wayne Heilman 0 Mon, May 13, 2013

Aaron Brothers Art & Framing closed its only Colorado Springs store March 1 after company officials told the leasing director for the shopping...

New vehicle sales off to best start since 2004
By: Wayne Heilman 0 Thu, May 9, 2013

After a slow start, new vehicle registrations with the El Paso County Clerk and Recorder’s Office are off to the fastest start in nearly a decade....

Blogger Bio

Wayne Heilman has been a business writer at The Gazette since 1982. He has covered most industries in Colorado Springs and edited the weekly Inside Business magazine for The Gazette. He covers the local economy and the finance, transportation, technology and aerospace industries and works with reporters throughout The Gazette newsroom on financial stories.

Phone: (719) 636-0234

Email: wayneh@gazette.com
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