Business Digest October 11, 2013
Lafayette-based SproutrHouse launched an online crowdfunding investment platform for natural food companies at www.sproutrhouse.com. SproutrHouse, founded by Dave Thomas, will offer additional services to client companies, including introductions to potential equity investors, mentoring and market analytics.
The Industrial Revolution Brewing Co. LLC opened Oct. 5 at 285 Cheesman St., in downtown Erie. Owners Nate Cervantes and his father, Tim Suttman, handled the build-out of the 1,000-square-foot space, putting about $45,000 into startup costs. Industrial Revolution will operate with a three-barrel system initially. It will start with five beers on tap: an orange coriander ale, an American amber ale, a chamomile-infused wheat and rice beer, a vanilla porter and an English brown ale.
Tim and Helen Todd opened a Nurse Next Door senior home-care franchise at 1035 Pearl St. in Boulder. The firm has 10 employees, including a registered nurse. The Todds expect to hire from 40 to 50 employee caregivers in the next six months to work with clients.
BiOptix Inc. in Boulder launched its BiOptix Innovators Program into Europe, with an emphasis on partnering with key research institutions, pharmaceutical companies and biotechnology/drug discovery firms. The BiOptix Innovators Program is a product evaluation platform that allows customers to try BiOptix SPR technology independently in their lab, on their timeframe and with customer and technical support during the evaluation.
Clean Energy Collective LLC brought online two 500-kilowatt community-owned solar arrays that will serve residents and businesses in and around Breckenridge. The two facilities have the capacity to power up to 200 customers. Clean Energy Collective — headquartered in Carbondale but with about 40 of its 45 employees carrying out main operations at its office in Boulder — developed and manages the arrays, and sells the panels to residents and businesses. The cost of each 235-watt panel is $870, with a minimum purchase of five.
Broomfield-based Corgenix Medical Corp. (OTC BB: CONX.OB) reported a record $10.2 million in revenue for its fiscal year 2013 that ended June 30. Revenue was 9.7 percent higher than the $9.3 million the company reported for fiscal year 2012. For investors, earnings translated to 1 cent per share, compared to a loss of 1 cent per share for fiscal year 2012. Income was $296,385 for the year, compared with a loss of $486,208 reported for fiscal year 2012.
Broomfield-based Vail Resorts Inc. (NYSE: MTN) reported $37.7 million in income for fiscal year 2013that ended July 31. Income was 129.4 percent more than the $16.5 million the company reported for the same time period in 2012. For investors, that meant $1.03 per share, a 58-cent increase from the 45 cents per share in earnings for fiscal year 2012. Revenue was $1.12 billion for fiscal year 2013, a 9.4 percent increase compared with the $1.02 billion reported for fiscal year 2012. Vail Resorts operates nine resorts, including Beaver Creek, Breckenridge, Keystone and Vail in Colorado.
Anchor Point Group LLC in Boulder won an $80,002 federal contract from the U.S. Department of the Interior’s Bureau of Land Management in Lakewood for hazardous tree removal in Grand County.
Charles Medley Distillers Kentucky LLC hired advertising firm TDA_Boulder as the first agency of record for its resurrected Medley Bros. brand of Kentucky straight bourbon whiskey. An undisclosed budget will go to product design, online promotion and business-to-business collateral.
The Colorado Wine Industry’s development board in Boulder received a grant from the Colorado Department of Agriculture’s Specialty Crops program to explore incorporating hypbrids and other cold-hardy blends to make the wine more appealing to consumers. The grant was one of 10 totaling about $675,000 that was awarded to specialty crop producers in the state.
The Colorado Office of Economic Development and International Trade in Denver received a $200,000 competitive grant from the Economic Development Administration that will be used to plan for an advanced industries manufacturing institute in Denver. The institute would support manufacturing and workforce development in the region and throughout the state.
MERGERS & ACQUISITIONS
North Vista Medical Center bought Boulder Family Medicine for an undisclosed sum. Charles Tawa, the doctor at Boulder Family Medicine, will continue to see patients from his current office at 1000 Alpine Ave. in Boulder. He is now part of the North Vista Medical Center team. North Vista Medical Center’s two offices are at 2017 100 Year Party Court, Unit 1, in Longmont, and 8308 Colorado Boulevard, Suite 200, in Firestone. Doctors David Tusek and Clint Flanagan started North Vista Medical Center in 2009 in Firestone.
Deadline to submit items for Business Digest is three weeks prior to publication of each biweekly issue. Mail to Editor, Boulder County Business Report, 3180 Sterling Circle, Suite 201, Boulder, CO 80301-2338; fax to 303-440-8954; or email to email@example.com with Business Digest in the subject line. Photos submitted will not be returned.
More breaking news...
Business Digest November 22, 2013
The city of Boulder reported a 12.9 percent increase in sales- and use-tax revenue from September transactions. Collections in October, representing September sales, were $10,035,006, up from $8,882,987
Business Digest November 8, 2013
Tiffany Tompkins and Alissa Peterson launched Celebrate American Made, a Boulder-based marketing firm built around a monthly subscription box service. The company sends to subscribers each month a box
Attorneys Chris Leh and his father, Jim Leh, launched the Leh Law Group LLC at 12303 Airport Way, Suite 200, in the Mountain View Corporate Center in Broomfield. Chris Leh is an employment lawyer who