News & Data

Encore Electric Appoints Derek Varnell as Vice President of Data Centers

Encore Electric has promoted Derek Varnell to vice president of data centers, a strategic move as the company continues to expand its presence in the growing data center construction market. In his new role, Varnell will oversee all data center construction operations and support project teams across Encore Electric’s portfolio. He will collaborate closely with...

Lockheed Martin Awarded $510M Contract Modification for GPS III Space Vehicles

Lockheed Martin, based in Littleton, has received a $509.8 million modification (P00181) to a previously awarded contract (FA8807‐18‐C‐0009) for Global Positioning System III Follow-On Space Vehicles 21 and 22, according to the U.S. Department of Defense. This modification raises the total cumulative value of the contract to $4.1 billion. Work under this contract will take...

Former CEO Katz Reclaims Helm at Vail Resorts

Vail Resorts Inc. (NYSE: MTN) has apppointed Rob Katz as CEO, succeeding Kirsten Lynch, who has stepped down from the role and as a director of the Board. Lynch will continue in an advisory role temporarily to ensure a smooth transition. Bruce Sewell, lead independent director of the Board, said, “As Vail Resorts continues to...

Aventia Acquires Habitat Management to Expand Environmental Services

Aventia, a Lakewood-based platform providing environmental service solutions, has acquired Habitat Management Inc. (HMI), a firm specializing in natural resource management and ecological consulting. The financial terms of the transaction were not disclosed. Based in Englewood, Colo., HMI has decades of field experience and project management expertise, focusing on environmental projects, land reclamation, permitting and...

SBA Lending to Jefferson County Businesses Surges 45.8% in 2024

Jefferson County saw a spike in SBA-backed lending in 2024, with 49 lenders issuing a total of $129.9 million in loans — up 45.8% from $89.1 million in 2023 — according to the 2025 Jeffco SBA Lenders List, based on data from the U.S. Small Business Administration. The sharp increase highlights growing economic momentum for...

RFK Racing Partners with Trimble for Multi-Year NASCAR Sponsorship

RFK Racing has reported a multi-year partnership with Trimble Inc., the Westminster-based technology company serving industries including construction, geospatial and transportation. The collaboration will begin in the 2025 NASCAR season, featuring Trimble’s primary sponsorship on Ryan Preece’s No. 60 Ford Mustang and Chris Buescher’s No. 17 Ford Mustang, starting with the Nashville Superspeedway race on...

Ball Corp. CFO Howard Yu to Depart

Ball Corp. (NYSE: BALL) reported that Chief Financial Officer Howard Yu will step down from his position effective June 30, 2025, under a mutual agreement with the company. The company clarified that Yu’s departure is not related to any disagreement over accounting practices, financial reporting, internal controls, or operations. “We appreciate Howard’s contributions during his...

Midwest Plumbing Opens Second Office in Lakewood

Midwest Plumbing Co. LLC has reported the opening of a second office in Lakewood. The company states that the new location is intended to enhance service coverage across the Denver metropolitan area. Established in 2021 by James Stanley, Midwest Plumbing is based in Westminster and provides residential and commercial plumbing services. The company highlights its...

Pinkard Construction Hires New Senior Superintendent

Pinkard Construction has hired Eric Kellstrom as senior superintendent. Kellstrom joins the company after a successful field management career with two large national construction firms in the Denver area. “We are ecstatic to add Eric’s great construction background and strong leadership skills to our field management team,” said Tom Alford, COO of Lakewood-based Pinkard. “Eric...

Gogo Signs Falcon as First Charter Fleet Customer for Gogo Galileo HDX Installations

Gogo Inc. (NASDAQ: GOGO) reported that Falcon, part of Alex Group Investment, is the first charter fleet operator to commit to multiple installations of its Gogo Galileo HDX system. The mixed fleet operator has confirmed an initial purchase of five terminals for its Bombardier Global 5000 and Global Express aircraft as part of a strategic...

E5X Selected to Develop Former Intermountain Lutheran Hospital Campus

Intermountain Health has selected Colorado development firm E5X as the buyer for the approximately 100-acre parcel that was home to Intermountain Lutheran Hospital in Wheat Ridge for more than 100 years. Intermountain Health relocated hospital operations to a new campus in August 2024. E5X Management Inc., based in Centennial, is a prominent real estate development...

Invest Qatar and Quantinuum Sign Agreement to Boost Quantum Ecosystem

Invest Qatar, the Investment Promotion Agency of Qatar, has signed a strategic agreement with Quantinuum, a Broomfield-based provider of quantum computing and developer of a high-performing quantum computer. The partnership aims to bolster Qatar’s quantum computing ecosystem by supporting Quantinuum’s expansion into the region, highlighted during a recent state visit by the President of the...