Commerce Connection masthead 
February 2015
In This Issue: 

RSVP for the March 19 Commerce City Business Appreciation Awards Breakfast  allstars

Commerce City recognizes businesses, individuals and organizations that have made contributions to the economic vitality of the city at the annual Commerce City Business Appreciation Awards Breakfast. This year's event is scheduled for March 19, 2015 at Dick's Sporting Goods Park from 7:30-9 a.m., with networking and registration from 7-7:30 a.m.

Tim Hinchey, President of the Colorado Rapids, will be the keynote speaker and Susie Wargin, Realtor, 850KOA Host and 9News Sports Anchor will emcee this event to highlight the "Business All-Stars" of Commerce City. Awards will be given in four categories, including:

"Businesses on the Move"- recipients have brought new employment, growth in sales or new capital investment to the city in the last year.

Entrepreneurial Spirit - a company or entrepreneur that demonstrates a pioneer spirit towards new product development, a business start-up, or a company/product growth into new markets.

Pam Downs Lilac Award for Leadership - honors businesses or individuals that have been a catalyst towards economic vitality in Commerce City through creative leadership, innovation, facilitation, collaboration or through contribution of resources.
 
Business of the Year Award - given each year to a Commerce City company that has shown a history of leadership within its industry and has longevity in the community. The company must have demonstrated sustained growth that has contributed to the city's economic sustainability.

Please RSVP to Laura Sanders at c3ed@c3gov.com, 303-289-3689 or online. We look forward to seeing you there!

Colorado Economic Headlinesecheadlines

  • Adams County awarded $32,000 to Anythink Commerce City through the Adams County Open Space grant. The funding will help Anythink build Explore Outdoors at Anythink Commerce City, an outdoor classroom designed to help children make connections with the natural world.

  • Forbes ranked Colorado fifth in their annual best states for business listing, based on business costs, labor supply, regulatory environment, economic climate, growth prospects, and quality of life. Colorado ranked first for labor supply and fourth for growth prospects.
  • Colorado is the ninth best state for small business and entrepreneur-friendly policies and costs, according to the Small Business and Entrepreneurship Council. The annual index ranks all 50 states based on 42 policy measures including tax, regulatory, and government spending measurements.
  • The Denver-Aurora-Broomfield MSA was ranked as the number one place in the country for bringing in college-educated workers. The ranking considered data from the U.S. Census Bureau between the years of 2007 and 2012 for the percent increase of adults with college degrees in the population. The report stated that Denver had a 21.4 percent increase in college graduates during the period. The Seattle-Tacoma-Bellevue, Washington MSA ranked second with a 20.7 percent increase in college graduates.
  • NerdWallet ranked the Denver-Aurora-Broomfield MSA as the fifth-healthiest place in the nation. The Denver-Aurora-Broomfield MSA had the third-highest percentage of residents who are a healthy weight, the third-highest percentage of residents who engage in physical activity, and the fourth-highest fitness index. The Boston-Cambridge-Quincy metro area ranked first, and the Memphis metro area was the lowest-ranked metro area.
  • Colorado ranked 20th in The Tax Foundation's annual State Business Tax Climate Index. The ranking considered more than 100 corporate, individual income, sales, property, and unemployment insurance tax variables. Colorado scored highest for its corporate tax structure (12th), followed by individual income tax structure (16th), property tax structure (22nd), unemployment insurance tax structure (35th), and lowest for its sales tax structure (43rd).

Compressed Natural Gas Fueling Station Coming to Commerce Citycng

A new compressed natural gas (CNG) facility is expected to be open by late spring in Commerce City. The fueling facility from 4CNG, LLC, is a partnership between Sapp Bros, Inc. and Stirk CNG, intended to meet the needs of both the traveling public as well as natural gas-fueled vehicle (NGV) fleet operators.

Sapp Bros, Inc. has operated in Commerce City for more than 25 years and will be constructing the public CNG facility at their existing location at 7120 East 49th Avenue. With this less expensive fuel, transportation costs are expected to decrease while at the same time providing a cleaner environment for the community. The CNG station in Commerce City will afford other business fleets the opportunity to adopt natural gas vehicles.

According to The National Law Review, market studies present an optimistic outlook for the CNG/NGV sector. The global market for CNG is projected to exceed $125 billion by 2020 and the international market for NGVs likely will exceed 4 million vehicles annually by 2024. While lower oil prices have changed the current economic analysis, CNG still offers savings opportunities compared to current gasoline and diesel prices.  As a result, fleet operators of medium and heavy duty trucks appear to be taking a long-term view, anticipating gasoline and diesel prices will rebound from current levels.

ALT Fuels Colorado, a state program from the Colorado Energy Office, is partially funding the Commerce City fuel station. This program is designed to advance the adoption of alternative fuel vehicles by providing grants to partially fund the development of CNG fueling infrastructure, as well as electric vehicle charging and liquefied petroleum gas station facilities. Additional rounds of funding are expected in the future. More information at Colorado.gov/energy.

Sincerely,

 

Commerce City Economic Development Division
City of Commerce City
7887 E. 60th Ave
Phone:303-289-3620
Fax:303-289-3688

Upcoming Events
Commerce City Business Appreciation Awards Breakfast
Thursday, March 19, 2015
7:30-9 a.m.
Dick's Sporting Goods Park
SBDC Workshop
Start-Up Orientation -
Friday, March 27, 2015, 9 a.m. to 11 a.m.
Register

Look who's moved in
H&R Block Enterprises LLC

Ziggi's Coffee

Emergency Management of CO

Preferred Resign Sales LLC

Denver Asphalt and Concrete Services Inc.

Four Winds LLC

Depot Street CO II LLC

A.R. Wilfley & Sons Inc.

Oribi Manufacturing LLC

JE Energy Consulting Services LLC


See location and contact information