PREFERRED PACKAGING PRODUCTS, INC. OPENS IN LONGMONT
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PREFERRED PACKAGING PRODUCTS, INC. OPENS IN LONGMONT
VOLUME 17 NO. 4 PREFERRED PACKAGING PRODUCTS, INC. OPENS IN LONGMONT OCTOBER, 2015 IN THIS ISSUE: PSI Lab Opens in Longmont Micron Technology Expands in Longmont The Art of Cheese, A Local & Primary Business Collaboration North Metro Enterprise Zone Partner Highlight: La Momo Maes Bakery Community Appreciation Luncheon Longmont Real Estate Showcase National Site Selectors Visit The Innovation Center UASUSA Closes Drone Deal with NASA Local Business Highlight: War Balloon Volunteer Highlight Polly Buster Expansion Announcements President’s Message Partners List ... and More Preferred Packaging Products, Inc. started in 1985 as an industrial packaging products distributor, selling shipping boxes, tape and bubble wrap in Boulder County. At that time, these products were being supplied by Denver companies who would deliver to northern Colorado once or twice a week. Preferred realized there was a need for a local “stocking distributor” who could offer same day delivery of packaging supplies, so they opened a 1,500 square foot building in Boulder. 30 years later, they now occupy a 30,000 square foot building in Denver and have recently moved to a 40,000 square foot building in Longmont that houses their manufacturing and distribution services, as well as their corporate office. Preferred currently employs a total of 30 people in the 2 facilities, most of them in Longmont. Preferred Packaging Product’s business model has changed over the years to include custom packaging, packaging system development and validation, packaging process audits, and inventory management programs. They work closely with their customers to insure the most economical, effective packaging system. “If we can help our customers keep their costs low, then more manufacturing stays in Colorado rather than going overseas” according to Bob Abbott, the owner of PPPI. “Having packaging and shipping supplies stocked here in Longmont, and having 5 trucks running from 5:30 in the morning till 7:30 in the evening means we get product to customers quickly” says Gary Fountain, Sales Manager. “We talk about living in a ‘20 minute world’ around here. The quicker we get product to our customers the happier they are”. Preferred Packaging Products is located at 2950 Colorful Ave. in Longmont. For more info, visit www.prepkg.com. CONNECT WITH US – AND EACH OTHER At the Longmont Area Economic Council, we believe that connecting with you, and connecting our community, will foster a healthy business environment. Follow us on social media to get the latest info on events and workshops, discuss the most recent economic development updates, or simply show your love for the Economic Council. We welcome your comments and discussion! facebook.com/advancelongmont twitter.com/advancelongmont linkedin.com/in/advancelongmont @advancelongmont #advancelongmont PSILab OPENS IN LONGMONT PSILab is a testing laboratory that specializes in plastic pipe, pipe materials, and other polymer based products. Located in Longmont, Colorado their advanced laboratory offers wide-ranging scientific instrumentation and physical-mechanical testing capabilities. The company is the brainchild of both Steve Lam and Steve Ferry. Considered among industry peers as a plastic pipe, pipe materials, and forensic expert, Mr. Ferry now serves as the President and Laboratory Director for PSILab. Mr. Lam is a veteran business executive and the founder of the company. He has over 15 years of marketing, product development, and management experience, including leadership roles at several international companies. PSILab serves the multi-billion dollar plastic pipe industry. Today, plastic pipes play a vital role in society by making it possible for everyone to enjoy modern conveniences like water and gas distribution, sewer and wastewater removal, and access to power and communications services. Because municipals and property owners often spend millions of dollars to build these infrastructures, it is always critical to get it right from the start. PSILab partners with all stakeholders in the industry to provide expertise like mechanical testing, pressurization testing, materials characterization, product specification testing, as well as failure analysis investigation and consulting. With over 25 years of experience, their staff is well recognized within the plastic pipe industry for their unmatched level of knowledge and their technical ability to solve difficult problems. What sets PSILab apart from other laboratories is their scientific, multi-disciplinary, and customized approach which are critical for finding solutions for their clients. PSILab makes it their mission is to provide answers when their clients need certainty. For more information visit www.psilab.net. MICRON TECHNOLOGY EXPANDS IN LONGMONT Micron Technology has announced plans to expand its Longmont facility by roughly a third and has signed a 10-year extension of its current lease at 1900 Pike Road in The Campus at Longmont. Micron's Longmont facility develops storage controllers and solid state drive technology. They currently have more than 250 people in Longmont. Micron was founded in Boise, Idaho, in 1978 and has operations in more than 20 countries. The expansion comes after Micron and Intel reported in July, a breakthrough on the development of a new kind of memory chip that they say is a thousand times faster than the "flash" memory now used in smart phones, tablets and lap top computers. The new memory, developed jointly by both companies, uses a three-dimensional chip design that lets computers store and retrieve individual bits of data more quickly than with flash. Longmont Area Economic Council President/CEO Jessica Erickson said "We are thrilled to learn of Micron's expansion plans here in Longmont, and look forward to learning more about the new jobs and investment that will come to the community as a result. We see their choice to expand here locally as yet another indicator that businesses are really starting to understand the value and benefit of doing business in Longmont." “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” THE ART OF CHEESE, A LOCAL & PRIMARY BUSINESS COLLABORATION Kate Johnson, owner of The Art of Cheese in Longmont credits Haystack Mountain Goat Dairy as the inspiration for her small business. Thirteen years ago, Kate took her children to Haystack Mountain on a field trip. She fell in love with the farm and goats and decided that she wanted to raise her kids on a farm and have goats of her own. In 2005, she bought the farm – Briar Gate Farm – and followed two years later with the goats. Her first two goats were purchased as a 4-H project for her kids and one of them, Skittles, has become a sort of mascot for her business. While the kids raised and showed the goats, Kate began using the goats’ milk to make chevre and other cheeses. She entered her chevre in the Boulder County Fair competition and laughingly brags that her very first entry was “a champion blue ribbon cheese as the sole entry in the competition”. One of the jam judges thought it was blue ribbon material too and asked her if she would teach her how to make the cheese. Following on the jam judge’s heels, the Colorado State Extension Office came knocking, asking her if she would teach cheese making for the Extension Office too. Over the next several years she began teaching a host of cheese making classes through the Longmont Recreation Center, at Front Range Community College, at the Senior Center, in the Cheese Importers, in private homes and at various local wineries and breweries. It was in 2013, when the Colorado Cheese Festival was relocated from Denver to Longmont and the registration tripled, that Kate began to get more serious about formalizing her business. “I was blown away by how many people were interested in cheese. It proved to me that the demand for cheese making classes was there, I was in the right spot and it was the right time for me, personally.” In 2014, Kate connected with the Boulder Small Business Development Center to get help setting up an LLC and developing a formal business plan. She then ran a successful Indiegogo campaign for the cheese making school and launched The Art of Cheese in the TinkerMill co-working space. In February, 2015, when the TinkerMill shut their downtown location, moving the maker space to Delaware Place, Kate decided to keep the business downtown in Launch Longmont. In the spring of 2015, John Scaggs, Director of Sales and Marketing for Haystack Mountain Goat Dairy approached Kate. She explained that, “with the expansion of Haystack Mountain into a second building, John had a vision for creating a cheese education center and asked me if I wanted to collaborate. It was a dream situation and location for my business and I was excited about the opportunity.” Kate feels like she has come full circle with Haystack Mountain. The Art of Cheese will have a classroom and retail space in Haystack Mountain’s new 8,800 square foot building at 505 Weaver Park Road, and is joining forces to offer creamery tours, cheese sampling, a wide variety of cheese making classes, and home cheese making supplies. This is a great example of how a Longmont Primary Employer has sought to partner with a local small business to expand and grow both their offerings in the marketplace. For more information on The Art of Cheese, Briar Gate Farm and to sign up for Kate’s cheese making classes, please visit www.theartofcheese.com “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” LONGMONT EARNS NORTH METRO ENTERPRISE ZONE DESIGNATION The Colorado Economic Development Commission approved a new North Metro Enterprise Zone in August, giving Longmont an Enterprise Zone designation in qualifying strategic portions of the city. Portions of Lafayette and Broomfield are also included in the new North Metro zone. Colorado's Enterprise Zone program provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas of the state - those having a high unemployment rate, low per capita income, or a low population growth rate. The new Zone will take effect January 1, 2016. In Longmont, the new Enterprise Zone area will include the Village at the Peaks, significant portions of the St. Vrain Valley Blueprint area, 1 st and Main redevelopment area, and Southeast Longmont Urban Renewal Area. Business and property owners wishing to inquire whether they are located within the zone should contact the Longmont Area Economic Council or visit www.advancecolorado.com/ez "The Longmont Area Economic Council (LAEC), the City of Longmont, and the Longmont Downtown Development Authority have worked diligently for several months to complete the application and earn this designation for our community,” said Jessica Erickson, President/CEO of the Economic Council. “This provides incentives to potential businesses considering investing in Longmont, as well as significant benefits to businesses of all sizes currently invested in these areas that are critical to the future economic development of the City.” "It's great to see the City's partnership with the LAEC and the LDDA Click on the Enterprise Zone Map to enlarge pay dividends," said Longmont Mayor Dennis Coombs. "This or visit www.advancecolorado.com/ez to find designation is the result of the great working relationship we've out if your address or parcel is in the Zone. created with our economic development partners through the Advance Longmont strategic plan. I'm very optimistic about Longmont's economic future." To learn more about the benefits and how to make use of the Enterprise Zone program, please visit www.longmont.org/strategic-advantages/nmez or contact the Economic Council at 303-651-0128. PARTNER HIGHLIGHT: LA MOMO MAES BAKERY La Momo Maes Bakery is a family owned business that has been specializing in cakes for over 25 years and has 40 years of experience on staff. The delicious, moist texture along with the variety of flavors of La Momo Maes Bakery's desserts is a unique and flavorful experience. La Momo Maes Bakery specializes in cakes, but also offers pies, pastries, brownies, cheesecakes, cupcakes and many more desserts for all occasions. Michelle Brietzke, owner of La Momo Maes says she “enjoys giving back to the community by sponsoring, offering giveaways and donating desserts to non-profits.” They have a Giving Back program where non-profits and schools earn 10% back of their purchases at La Momo Maes Bakery. She adds that they “are a partner of the LAEC because of the organization's dedication and support for the growth and retention of businesses in our community. We not only appreciate that the LAEC focuses on primary employers, but also supports and offers resources to small businesses.” For more info, please visit their website at www.longmontbakery.com. “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” COMMUNITY APRECIATION LUNCHEON On Wednesday, August 26th, the Longmont Area Economic Council hosted its 16th Annual Community Appreciation Luncheon. This event recognizes primary employers who give back to the Longmont community through support for non-profit organizations, community programs, or environmental initiatives. These efforts to work together and support one another continue to help empower and strengthen the community and local economy. “It is an honor to be a part of a business community where philanthropy and stewardship are so evident in the corporate culture of most businesses,” says Jessica Erickson, Economic Council President. THIS YEAR’S LUNCHEON RECOGNIZED THE FOLLOWING COMPANIES: Guaranty Bank was recognized for their contributions to the TLC Learning Center Wiland was recognized for their contributions to Imagine! Jessica Erickson, Jennifer Ostenson (Guaranty Bank), Matt Eldred (TLC Learning Center) Jessica Erickson, Phil Wiland (Wiland), Patti Micklin (Imagine!) vAuto was recognized for their work with Partners for a Clean Environment (PACE) Magnelab was recognized for their contributions to Longmont Sister Cities Eva Lawyer (vAuto), Jessica Erickson, Natha Espeland (vAuto), Zach Swank (PACE) Jessica Erickson, Sam Seyfi (Magnelab), Janice Rebhan (Sister Cities) TOM BROCK AWARD RECIPIENT: DON HADDAD The Tom Brock Award is presented to a member of the Longmont area business community that has demonstrated outstanding leadership in continuing the legacy of Mr. Brock, a business and community leader who helped establish the connection between a healthy local economy and a quality community. Dr. Don Haddad, Superintendent of St. Vrain Valley School District, was the recipient of this year’s award. As part of this recognition, Dr. Haddad chose A Woman’s Work, a local non-profit, to receive a $1,000 contribution in Mr. Brock’s honor, compliments of the Longmont Industrial Park Board through the Longmont Community Foundation. Bayne Gibson (Longmont Industrial Park Board), Kate Gaddis (A Woman’s Work), Jessica Erickson, Don Haddad (St. Vrain Valley School District) “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” LONGMONT REAL ESTATE SHOWCASE After taking a five-year hiatus, the Longmont Real Estate Showcase returned on September 24th. The Longmont Area Economic Council hosted a select group of metro Denver and northern Colorado commercial real estate brokers and investors to better familiarize them with Longmont and all the development and leasing opportunities available. Local sponsors were invited to join to network and further enhance the connection to our community. The event kicked off at the Stewart Auditorium in the Longmont Museum where guests gathered for a networking breakfast and a welcome presentation given by Jessica Erickson, President of the Economic Council. The group learned about Longmont’s community vision, taxes and incentives, infrastructure, workforce, and education. Following the presentation, the group was taken on a guided bus tour of Longmont, which included sponsored stops at key locations and a route which highlighted available properties, redevelopment projects, and the North Metro Enterprise Zone. Creating a positive perception of Longmont and its community is critical to attracting new businesses. The Real Estate Showcase helped to do just that by bring awareness and facilitating connections for industry professionals outside of Longmont, who may have been less informed of all the valuable opportunities and lifestyle qualities the city possesses. The Economic Council looks forward to making this an annual event in the future. To view photos from this event, please visit www.flickr.com/photos/advancelongmont NATIONAL SITE SELECTORS VISIT THE INNOVATION CENTER In conjunction with the annual Metro Denver Site Selection Conference, on Thursday, September 17th, the Innovation Center hosted a group of economic development professionals and eight national site selectors. As one of only two site visits outside of metro Denver, it was a great honor for Longmont and the St. Vrain Valley School District. The site selectors were taken on a helicopter tour of the region, highlighting the light-rail expansion, real estate developments, federal laboratories, and major employment centers. They then touched down in Longmont, where they received a tour of the Innovation Center, heard from Innovation Center students on the impact the center has had on their education and vision for the future, and for a panel discussion on the connection between business, education, and economic success. Needless to say, this visit to Longmont became the highlight of the entire conference and created great exposure for Longmont on a national scale. Site selectors arriving by helicopter Innovation Center student presentation Don Haddad, Superintendent, addressing the site selectors and economic developers “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” UASUSA CLOSES DRONE DEAL WITH NASA NASA has chosen UASUSA’s TEMPEST drone to monitor subterranean wildfires and track swamp algae blooms in the Great Dismal Swamp Ecosystem, Suffolk, VA. Groundbreaking use of drones with sophisticated sensor equipment will help save ecosystems. 112,000 acres make up the Great Dismal Swamp Ecosystem. A vast land filled with wildlife species, forests and plant life, this area has been highly vulnerable to lighting induced wildfires, presenting ongoing challenges and dangers. NASA has chosen UASUSA’s Tempest drone to monitor and track data in this area, to help come up with solutions for this area. UASUSA’s drone, The Tempest, is unique in that it can carry the most advanced technology to monitor and track the data NASA requires, and stay in the air for long durations. From tracking algae blooms to monitoring wildfires, the Tempest will be used by NASA to examine, survey and give information to help create solutions. The Tempest will not only offer solid data to recognize problems, track patterns and plan solutions, it will also allow NASA to assess the benefit these drones have to future planning. UASUSA manufactures, pilots and programs electric, fully autonomous small aircraft that come from sailplane technology. The company develops and creates complete systems (airframes, cameras, data collection devices and flight training), helping to resolve some of the world’s biggest environmental, social and scientific challenges. UASUSA’s aircraft have helped drop vaccines in Africa, search for rhino poachers, study the inner workings of tornados, fly at the edge of space and monitor flood damage. Their fixed wing, electric aircraft are quite different than the multi-rotor variation more commonly seen. Their airframes are much more stable, travel a greater distance, can handle extreme weather with more reliability and efficiency, carry larger payloads and offer a much more advanced, sophisticated and elegant design. Their leading airframe, the Tempest, is cutting edge. It has successfully accomplished many autonomous missions, including tasks such as an edge-of-space mission through the Naval Research Lab, monitoring rhino poaching in Africa and tornado tracking and monitoring for the University of Colorado. The airframe has broken records and expectations of flight time, payload needs and withstanding extreme weather. Currently, the need for a COA (certificate of authorization) is necessary to fly a drone for commercial use. To-date, the Tempest has been issued more Certificates of Authorization than any other small drone in the world. It has an impeccable reputation of success, reliability and ease of use. UASUSA’s pilots and technicians are world-class. With changing FAA regulations, “The ability to pilot a small drone by line of sight is becoming an essential part of successful drone flight and safety”, says Skip Miller, Founder and CEO of UASUSA. To learn more, please visit www.uasusa.com. “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” LOCAL BUSINESS HIGHLIGHT: WARBALLOON, LLC Warballoon LLC, is an indie game studio located in Prospect that specializes in “destroying dreams”. It is a company owned by two brothers and a developer: Jordan and Justin Coombs and Steve Tranby who produce high quality, immersive games for mobile and PC devices. To date, the company has sold around 900,000 copies of their games worldwide and employs 7 people including Jordan and Justin’s brother and an intern. Prior to starting their own game development company, Jordan and Justin worked for Crispin Porter Bogusky in Boulder. “We had always wanted to develop games and when the iPhone arrived on the market, we saw that you didn’t have to be a big company anymore to produce a mobile game for the iPhone,” recounts Jordan. In 2012, they left their jobs at Crispin Porter Bogusky, partnered with developer Steve Tranby, and successfully raised $200,000 through two Kickstarter campaigns. They then spent the next two years developing their first game, titled Star Command, which hit the market in May of 2013. “It did well!” beams Jordan. Star Command is a spaceship game where players build their ships, recruit their crew, explore the universe and defend their ship from unknown threats. Their mobile game retails for $2.99. “Star Command attracted hard core gaming types, decidedly male, in the U.S., U.K., Germany and Russia predominately,” says Jordan. Riding on the success of Star Command, the team began developing a sequel game for PC, Mac and Linux. Star Command Galaxies is the company’s follow up product and is in alpha as of September 17th, 2015. It is anticipated to officially launch in the April, 2016 timeframe and will retail for $19.99. In this sequel game, the player gets to take control of a Starship in a randomly generated galaxy where players can build their own ship, hire and level up their own crew, explore alien planets on away team missions, and battle other alien ships. Star Trek fans should be in heaven. Today, the company has 10,000 Facebook fans and 7,000 Twitter fans. When asked about the long, two year development time frames on these types of games and steep up-front costs, Jordan explained, “Yes, we are always looking for investors. In our line of work it is good to have options.” In the long run, the partners want to grow the company into a hybrid developer/publisher business that will continue working on Star Command sequels and new games that can attract more of a female audience. Jordan and his partners at Warballoon were featured speakers at the inaugural Longmont New Tech Meetup on Oct. 20th. For more information on Warballoon, please visit www.warballoon.com UPCOMING SMALL BUSINESS WORKSHOPS The Longmont Area Economic Council offers no cost or low cost workshops and training for Longmont local businesses, covering a wide range of topics including: start up essentials, business planning, social media marketing, small business taxes, financial management, and more. Here are some of our upcoming workshops: Advanced Social Media Roundtable: November 5th, 6-8pm Tax Considerations for Small Business: November 18th, 8:30-11:30am Business Plan Essentials: December 1st, 6-8pm Longmont Library’s “Navigating to Small Business Success” Series: Second Tuesday of Every Month, 6-8pm November 10th: Navigating the 21st Century Office December 8th: Navigating into Brick and Mortar January 12th: Navigating the Media and Free Advertising For a full list of workshops, for more information, or to register for a workshop, please visit: www.longmont.org/small-business/workshops-and-training “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” WORKFORCE BOULDER COUNTY BUSINESS SERVICES Workforce Boulder County partners with business, economic development and education organizations throughout Boulder County to help employers find, develop, and retain their workforce. Their partnerships and grantfunded training programs help businesses identify and grow the bestqualified staff for the job. WfBC also provides tools that give employers the information they need to make intelligent hiring decisions, such as targeted labor market information, including local wage data and workforce trends. Their goal is to offer the support and information you need to plan for a thriving future. Workforce Boulder County offers a variety of no-cost services, from job listings and hiring events to training or retraining current staff, to help employers meet their recruitment goals and ensure a qualified workforce. WfBC’s Engagement and Development staff are able to support the growth and resiliency of Boulder County employers through collaborative partnerships that connect businesses to the services and resources they need to develop their most valuable resource – their current and future workforce. Contact their offices in Boulder or Longmont to learn more about what they can do for you. Longmont: 720-864-6600 | Boulder: 303-413-7555 | www.wfbc.org VOLUNTEER HIGHLIGHT: POLLY BUSTER Polly Buster is a commercial lender for First National Bank and a volunteer on the Existing Industry Committee for the Longmont Area Economic Council. Polly moved to Colorado in 1978 to attend the University of Colorado at Boulder and, other than a two year stint in Wyoming, has lived here since – sharing her life with her husband of 34 years (Paul) and their two sons. After working for United Bank of Boulder, FDIC, having her own business and leading the effort to build a non-profit ice rink facility, she re-entered the banking industry at Guaranty Bank (4th and Main location) in 2008. It was an interesting time to re-enter the banking industry but it actually gave her a great opportunity to utilize skills from her FDIC and entrepreneurial days because, unfortunately, the Great Recession was not her first experience in a banking crisis. Polly states that “I see the Longmont Area Economic Council’s efforts to develop strong data that is used to promote Longmont within the local business community and to those businesses looking to relocate in Colorado/Boulder County as vital to the success of Longmont’s ability to ensure a high quality of life for its citizens. Reaching out to local businesses to seek their opinions and input on the community’s infrastructure and assets that make a difference to them not only sends a message that they are valued, but also provides honest feedback from those the Economic Council serves. The data used to promote Longmont as a great place for businesses to operate is from other businesses’ (peers’) perspective which in turn makes this information much more compelling. More selfishly, I truly enjoy meeting other business leaders and learning more about the myriad of businesses that call Longmont home.” Polly enjoys bicycling, hiking, and escaping to the mountains every now and then. Finding time to enjoy these things is the real challenge. She has a great passion for education and currently serve as Board Chair for Mountain Shadows Montessori School in Boulder. In addition to serving on the Existing Industry Committee, she currently serves as a member of the Boulder Chamber of Commerce’s Boulder Women’s Leadership Group and the Women’s’ Foundation of Colorado Boulder Committee, chair the Women Who Light the Community, and have recently co-founded the Savvy Professional Northern Colorado Executive Women’s Group (SPNX) which currently meets at Cheese Importers. “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” PRIMARY EMPLOYER ANNOUNCEMENTS Lucky’s Market has expanded into an additional 4,774 square feet at its current location at 6328 Monarch Park Place. Susan Chrisman and Valerie Johnson with The Colorado Group were the leasing brokers. Wiland has purchased 14.184 acres in the Clover Basin Business Park for construction of their new facility. Keith Kanemoto with Re/Max Traditions Commercial and Peter Kast and Matt Patyk with CB Richard Ellis were the brokers on the sale. Linear Technology is a new primary employer to the Longmont area. They have leased 1,500 square feet at 7102 La Vista Place, Unit 201. Scott Dale with Scottsdale Properties was the broker on the lease. Linear is a sales and technical assistance office for their integrated circuit company and has six employees. GE Lighting has expanded at its current location at 1844 Nelson Road into an additional 48,942 square feet. Newmark Grubb Knight Frank and Dean Callan & Company (both representing The Campus at Longmont) were the leasing brokers. nSpire Clinical Trials - iCardiac has leased 5,813 square feet at 1880 Industrial Circle. They are a spin-off of nSpire Health and perform clinical studies for large pharmaceutical companies. They have 28 employees in Longmont. Newmark Grubb Knight Frank and Dean Callan & Company (both representing The Campus at Longmont) were the leasing brokers. Micron Technology has expanded at its current location at 1900 Pike Road into an additional 21,075 square feet. Eric Brynestad and David Shirazi with Jones Lang LaSalle and Newmark Grubb Knight Frank and Dean Callan & Company (both representing The Campus at Longmont) were the leasing brokers. Oskar Blues has purchased the 14,014 square foot building at 142 South Pratt Street. Jason Kruse, Wade Arnold and Scot Smith with The Colorado Group were the brokers on the sale. Preferred Packaging Products, Inc. is a new primary employer in Longmont that makes custom packaging for industrial and commercial uses. They have leased 37,900 square feet at 2950 Colorful Avenue and have 20 employees. Tebo Properties were the brokers on the lease. Only Natural Pet has leased 17,000 square feet at 20 Bowen Street. They are a new primary employer that is leasing warehouse space for their pet products company and have 15 employees in Longmont. Brian Bair with Shames Makovsky was the leasing broker. Mobile Canning, an existing primary employer that makes mobile canning systems for the beer industry has relocated to 10,984 square feet at 2120 Miller Drive. Newmark Grubb Knight Frank and Dean Callan & Company (both representing The Campus at Longmont) were the leasing brokers. Nutek Americas Inc., an existing primary employer is an automation equipment company for printed circuit boards. They have leased an additional 2,400 square feet at their existing facility at 1831 Lefthand Circle. Newmark Grubb Knight Frank and Dean Callan & Company (both representing The Campus at Longmont) were the leasing brokers. Intel, an existing hardware and software engineering company for the semiconductor industry, has leased an additional 10,000 square feet at 1921 Corporate Center Circle. Steve Garrison with MAGI Real Estate Services was the leasing broker. SAY CHEESE! View photos from our open houses, ribbon cutting celebrations, and community events at: www.flickr.com/photos/advancelongmont/albums “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” BUSINESS EXPANSIONS & ANNOUNCEMENTS Basic 3C has leased 3,540 square feet at 1830 Boston Avenue. John Hunter with Prime Real Estate Services was the leasing broker. The Vape Vault LLC has leased 1,956 square feet at 2330 Main Street. Ed Regel with Regel & Associates was the leasing broker. Journey Counseling has leased 3,090 square feet at 1801 Sunset Place, Suite A. Nelson Miner with Prime Real Estate Services was the leasing broker. Integrity Financial has leased 1,908 square feet at 275 South Main Street. Keith Kanemoto with Re/Max Traditions Commercial was the leasing broker. Go Sober, LLC has leased 1,059 square feet at 750-752 17th Avenue, Suite 100. Ed Regel with Regel & Associates was the leasing broker. The Inn Between has leased 1,278 square feet at 515 Kimbark Street, Suite 107. Ken Kanemoto, CCIM with Re/Max Traditions Commercial and Scot Smith with The Colorado Group were the leasing brokers. New Beginnings has leased 1,500 square feet at 1801 Sunset Place, Suite B. Nelson Miner with Prime Real Estate Services was the leasing broker. Express Personnel has leased 2,978 square feet at 275 South Main Street. Keith Kanemoto with Re/Max Traditions Commercial was the leasing broker. Gypsy Rose Salon & Barber has leased 1,370 square feet at 2330 Main Street. Ed Regel with Regel & Associates was the leasing broker. Essentrics Colorado has leased 1,534 square feet at 335 1st Avenue, Suite 3. Keith Kanemoto with Re/Max Traditions Commercial was the leasing broker. State Beauty Supply has leased 2,500 square feet at 1225 Ken Pratt Boulevard, Suite 135. Ed Regel with Regel & Associates was the leasing broker. Pawsitively Droolicious has leased 1,292 square feet at 1811 Hover Street. Keith Kanemoto and Ed Kanemoto, CCIM with Re/Max Traditions Commercial were the leasing brokers. Diagonal Medical has leased an additional 1,307 square feet at their existing facility at 1501 South Sunset Street. Newmark Grubb Knight Frank and Dean Callan & Company (both representing The Campus at Longmont) were the leasing brokers. aRejuvenation Spa has leased 612 square feet at 2350 17th Avenue, Suite 202. Keith Kanemoto and Ed Kanemoto, CCIM with Re/Max Traditions Commercial were the leasing brokers. NexGen Packaging has leased 375 square feet at 1430 Nelson Road, Suite 201A. Ed Regel with Regel & Associates was the leasing broker. Mountain Sleep Diagnostics has leased 1,400 square feet at 2350 17th Avenue, Suite 201. Keith Kanemoto and Ed Kanemoto, CCIM with Re/Max Traditions Commercial were the leasing brokers. Here We Grow is a daycare in Longmont that has leased 5,348 square feet at 630 15th Avenue. Don Rulle, CCIM/GRI was the leasing broker. Up A Creek Robotics has purchased the 13,625 square foot building at 950-952 South Sherman Street. Larry Hawe with Sperry Van Ness was the broker on the sale. Burden Incorporated has purchased the 18,439 square foot building at 351 Coffman in downtown Longmont. Hunter Barto, Becky Callan Gamble and Dryden Dunsmore were the brokers on the sale. Happy Feet Podiatry has leased 1,412 square feet at 1055 17th Avenue. Ken Kanemoto, CCIM with Re/Max Traditions Commercial was the leasing broker. CNS Distributing has leased 840 square feet at 1430 Nelson Road, Suite 223. Ed Regel with Regel & Associates was the leasing broker. “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” PROSPECT ACTIVITY During the period of July through September, 2015, the Longmont Area Economic Council processed 19 new prospect inquiries and exposed 98 properties. One of these leads came from the Metro Denver EDC, one from the State of Colorado, four from brokers, three from Economic Council Partners and ten direct referrals. Acres Requested Square Feet Requested 1-25,999 0 2 8 6 6 to 10 45-75,999 2 4 Up to 5 26-44,999 Broker 1 0 0 2 Lead Source 3 11 to 30 Metro Denver EDC Partners 1 31 to 50 76-99,999 Company 7 State PERMIT ACTIVITY Commercial Permits Issued YTD August 2015 20 Single Family Residences Issued YTD August 2015 Total Building Permits Issued YTD August 2015 2,723 2,737 2015 2014 149 16 98 2015 2014 2015 2014 ADDITIONAL RESOURCES The Longmont Area Economic Council has several resources available including information on primary employers, small business services, demographics, and commuting patterns. Click on the report title in this paragraph to retrieve more detailed information. Our Community Profile is a snapshot of the community demographics; and our Top Employers List includes all of the Longmont area top employers over 80 people. “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” ECONOMIC INDICATORS 3RD QUARTER 2015 THANK YOU TO OUR 3RD QUARTER SPONSORS Thank you for supporting the Longmont Area Economic Council and making our 3rd quarter events successful! Currently we have 224 primary employers in the Longmont area. 10 new companies: Alpen High Performance Products, James Fisher Technologies, Food Equipment Company, Wolfman Luggage, Linear Technology Corporation, Motherlode Provisions, nSpire Clinical Trials (iCardiac), Only Natural Pet, Preferred Packaging Products, Inc., and PSI Lab which represent 129 new jobs to-date. 8 companies closed or relocated their operation out of Longmont to-date resulting in a loss of 104 positions. These companies are Fine Featherheads, SolBites, RF Concepts LLC, Select Energy Services, American Recreation Products, Delphix, Sage Electronic Engineering, and Z-Light USA. 34 existing companies added employees to their operation to-date resulting in 223 new jobs. 23 existing companies cutback employment to-date resulting in a loss of 624 jobs. This gives us a net loss of 376 primary jobs to-date in 2015. The vacancy rate for real estate inventory (industrial and office) in the Longmont area through the third quarter of 2015 is 12.5% with 1.09 million square feet available. (Net primary employer absorption through the third quarter 2015 is 228,517 square feet). Note that these numbers reflect only facilities that are ready for occupancy. The Longmont Area Economic Council worked with 19 new prospects looking at the Longmont area for relocation and/or expansion of their businesses during the third quarter 2015 for a total of 38 year to date. This compares to 13 for the same quarter in 2014 and 39 year to date in 2014. The prospects the Economic Council is currently working with have the potential to bring 1,160 new jobs to Longmont. To-Date in 2015, 4 companies have announced projects that will bring 170 new jobs to Longmont. The Longmont Area Economic Council has a comprehensive database of available land and industrial/office buildings. We service the City of Longmont, Lyons, Niwot and unincorporated Boulder County area. For more information on 2016 sponsorship opportunities, contact Dana Schnieber at [email protected] or 303-651-0128. “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” PRESIDENT’S MESSAGE I would like to use this opportunity to bring attention to the collaborative approach the Longmont community takes to economic development, and express my appreciation for the partners we work with every day as we implement the Advance Longmont strategy. I think that because this culture of collaboration has become second nature to us here in Longmont, we sometimes take it for granted and do not recognize the truly incredible and positive impacts we have on the community when we work together. During 2015, our collaborative efforts have resulted in: The first ever Longmont Startup Week (LSW15) that brought over 1,400 attendees to Longmont to hear 90 speakers at more than 40 events at venues across the community. The week was executed on a shoestring budget by the folks at Startup Longmont, TinkerMill, Launch Longmont, and Longmont Compass/DogCat Marketing. It was supported by all of the Advance Longmont Partner organizations, as well as the Longmont Times-Call, and more than 25 other sponsors, partners, and hosts, and dozens of volunteers from throughout the community. A successful application for Longmont’s (and Boulder County’s) first ever Enterprise Zone designation. The application was written and presented in partnership with the Economic Council, City of Longmont, and Longmont Downtown Development Authority. Longmont’s first ever New Tech Meetup that welcomed 150+ techies, innovators, and entrepreneurs to the Stewart Auditorium to connect and learn about the awesomeness that is the NextLight gigabit broadband network. New Tech Longmont was launched in partnership with the Economic Council, Launch Longmont, Startup Longmont, the City of Longmont, and Longmont Power & Communications, as well as several community volunteers and the Longmont Museum. The Economic Council and St. Vrain Valley School District partnering to host a Metro Denver Economic Development Corporation Site Selection Conference event at the SVVSD Innovation Center, putting the school district and the community on stage in front of an audience of national of corporate site selectors. These are just a few examples of the Advance Longmont collaboration at work! I would like to close by expressing my appreciation for all of the Advance Longmont Partner organizations and the work they do for the benefit of economic development in Longmont, and to all of our economic partners for recognizing the value of supporting these efforts in the interest of strengthening the economic health of the entire community. BOARD OF DIRECTORS AND STAFF PRIMARY INDUSTRY MEMBERS Dave Humenik Chairman Vapor Technologies Sue Mesch Treasurer Xilinx Wendell Pickett Vice Chairman Frontier Companies Christopher Porter Seagate Technologies Chris Treharne Gibraltar Business Appraisals Andy Welch Sun Construction & Facility Services AT-LARGE MEMBERS CITY REPRESENTATIVES STAFF Andy Bade Past Chairman Dennis Coombs Mayor of Longmont Jessica Erickson, CEcD President/CEO Allison Closson AMFirst Bank Harold Dominguez Longmont City Manager Wendi Nafziger, CED Vice President Stacy Cornay Secretary Communication Concepts Public Relations & Advertising Bonnie Finley Longmont City Council Janine Ledingham Small Business Director Tom Roiniotis Longmont Power & Communication Dana Schnieber Marketing & Admin. Specialist COMMUNITY LIAISONS Leona Stoecker Membership Director Christopher Gunlikson Holland & Hart Don Haddad St. Vrain Valley School District Boulder County Commissioners Boulder County Latino Chamber Boulder SBDC Front Range Community College Longmont Chamber of Commerce Longmont Downtown Development Authority TinkerMill Contact us at: 303-651-0128 www.longmont.org [email protected] “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” NEW ECONOMIC COUNCIL PARTNERS The Longmont Area Economic Council is financially supported by public and private organizations. We rely on these partners to assist us in carrying out our mission of leading a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health. We would like to thank the following new partners that joined us through the third quarter of 2015: Bagley Law Firm BAS1S Architecture Circle Graphics Colorado Division of Vocational Rehabilitation Flagstaff Academy Golden Van Lines Longmont Commercial Real Estate LT Environmental, Inc. Northstar Bank PFP Longmont Holdings Plaza Medina Regel & Associates, LLC U.S. Bank UASUSA LONGMONT AREA ECONOMIC COUNCIL’S PARTNER LIST Your support makes it possible — Thank You! 5M Company Ace Hardware Actis, LLC Adams Bank & Trust Adecco Technical Ahlberg Funeral Chapel AmFirst Bank N.A. Amgen Andy Bade Arbor Occupational Medicine ARC ThriftStores Avago Technologies Longmont Bagley Law Firm BAS1S Architecture BBVA Compass Bank Beckmann, Oral Bendelow Law Office LLC BizWest Media Blackfox Training Institute, LLC BluIP, Inc. Boulder County Commissioners Brock & Company, CPA’s, P.C. Burden Incorporated/RLET Properties CES Rockies, Inc. Circle Graphics Citron WorkSpaces City of Longmont Comcast Communication Concepts Public Relations & Advertising Crating Technologies Data Ductus Inc. Dene Yarwood - REALTOR® Dick Richards DigitalGlobe Dot Hill Systems Corporation Electronic Oasis Consulting, Inc. Elevations Credit Union EnerSys Express Employment Professionals Fidelity Comtech, Inc. Fidelity National Title Company First National Bank FirstBank of Longmont Flagstaff Academy Flatiron Property Management Fly Elite Aviation Fox Hill Club Front Range Community College Frontier Business Products Frontier Companies GE Oil & Gas Gibbons-White, Inc. Gibraltar Business Appraisals, Inc. Ginger Peach Marketing Gold Key Travel Golden Triangle Construction Golden Van Lines Greg Ludlow Guaranty Bank & Trust Company Habitat for Humanity of the St. Vrain Valley Haystack Mountain Goat Dairy Hensley & Kennedy, P.C. Heritage Title Company High Plains Bank Holland & Hart Home State Bank Howe Mortuary Impressions Marketing, Inc. Intel Corporation Intrado JBSK CPA’s LLP John D. Caldwell, Inc. Keller Williams 1st Realty Kirkland & Company, CPA’s, P.C. La Momo Maes Bakery Land Title Guarantee Company Left Hand Brewing Company Legal Shield Liquid Waste Management Longmont Area Chamber of Commerce Longmont Association of Realtors® Longmont Commercial Real Estate Longmont Community Foundation Longmont Florist Longmont United Hospital LT Environmental, Inc. Lyons, Gaddis, Kahn, Hall, Jeffers, Dworak, & Grant P.C. MAGI Real Estate Services McLane Western Micron Technology, Inc. Mill Village Business Park LLC Modena Wine Café NewMark Merrill Mtn. States North Vista Medical Center Norhtstar Bank nSpire Health, Inc. Oskar Blues Brewery Pat Kahler - REALTOR® PFP Longmont Holdings, LLC (South Main Station) Plaza Medina Platte River Power Authority Pratt Management Company Precision Design & Machine Precision Solutions Inc. Pumphouse Restaurant RapidPro Manufacturing Corporation Rawlins National Bank Re/Max Traditions Commercial/ Residential Re/Max Traditions - Kurt Finley Regel & Associates, LLC ResourceMFG Roche Constructors Rocky Mountain Medical Imaging Ron’s Printing Center Seagate Technology State of Colorado’s Division of Vocational Rehabilitation St. Vrain Manufacturing, Inc. St. Vrain Valley School District Stored Energy Systems Sun Construction & Facility Services Sunflower Bank, N.A. Tebo Properties The Colorado Group The Neenan Company The Pearl Group Thomas L. Beckmann, PC Times-Call TinkerMill TLC Learning Center TrueNorth U.S. Bank UASUSA UC Health Longmont Clinic Vapor Technologies Visit Longmont VolkBell Webscan Inc. Wells Fargo Bank Western Digital Western Disposal Services White Lodging Services Corporation Wiland Workforce Boulder County WorkWise WP Manufacturing, Inc. Wright Kingdom Commercial Services Jim Green® Wright Kingdom Real Estate Xcel Energy Xilinx Zephyr Management, LLC “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.” “We lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.”
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