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ACS to hire 225 people in Springs office

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ACS, a Xerox company, is planning to hire 225 people for its call center operations in Colorado Springs. Positions include agents and supervisory positions, according to Bill McKee, spokesman for Xerox. ACS was bought by Xerox last year for $6.5 billion. The acquisition makes Xerox one of the largest back-office service providers in the nation.… Continue Reading ACS to hire 225 people in Springs office

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Bal-Seal expansion expected to create 210 jobs

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Engineering company Bal-Seal plans to build a $45 million, 137,000-square-foot manufacturing plant in Colorado Springs that the company says will create 210 jobs during the next five years. The Colorado Springs City Council approved an incentive deal Nov. 29 for Bal-Seal. In exchange for the intent to create jobs, the company received $543,000 in tax… Continue Reading Bal-Seal expansion expected to create 210 jobs

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An EDC-Chamber unification committee is on track to make final recommendations about the future organization by the end of the month. A “rough draft” of recommendations was sent to the boards of the Greater Colorado Springs Chamber of Commerce and the Colorado Springs Regional Economic Development Corp. earlier this week and the unification committee expected… Continue Reading Chamber/EDC merger: Committee makes recommendations

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EDC moving to Tejon Street

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The Colorado Springs Regional Economic Development Corp. is moving into the Alamo Corporate Building, 102 S. Tejon St. The EDC has kept its office on the 10th floor in the Wells Fargo Building on Cascade Avenue for about 20 years, when the EDC and the Greater Colorado Springs Chamber of Commerce spilt. That lease is… Continue Reading EDC moving to Tejon Street

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Einstein Bros. Bagels new location on a prominent downtown corner could be the first of several new locations in the Colorado Springs area. “Colorado Springs is an underdeveloped market for us, and we felt like it was a good time to expand in that area,” said Mike Ellis, executive vice president of franchise development. He… Continue Reading Einstein’s downtown shop could be the first of several

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EDC’s job numbers a mystery

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Colorado Springs Regional Economic Development Corp. documents tout that the organization has brought more than 19,000 jobs to Colorado Springs during the past decade. But that number isn’t accurate. The EDC keeps two sets of numbers, one that is the number of jobs companies say they expect to create when they move to the city,… Continue Reading EDC’s job numbers a mystery

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Calls for action on job front growing stronger

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Jobs, they are the talk of the town. They are the subject of forums, meetings, reports, committees and task forces. People are talking about the loss of them, the effect of the loss of them, the reason why they were lost and how to get them back. Despite all the talk, they remain elusive in… Continue Reading Calls for action on job front growing stronger

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Colorado Springs’ small businesses are frustrated over the lack of available capital and some say a lack of qualified workers is a problem too. The issues were identified in the 2011 Pikes Peak Region Business Climate Survey, released today by Summit Economics. Overall, the Colorado Springs business climate is about the same or worse than… Continue Reading Lack of capital troubles small businesses

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Farm-state lawmakers pushing new farm subsidy

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Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices. The subsidy, free insurance that would cover farmers’ “shallow crop losses” before their paid insurance kicks in, has… Continue Reading Farm-state lawmakers pushing new farm subsidy

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Chris Kilcullen, founder of America’s Got Product website, spent a year researching the auto industry and rating car companies on their economic footprint in the U.S. He came up with a four-star rating system based on factors including whether the car is manufactured or assembled in the U.S., if more than 50 percent of domestic… Continue Reading Colo. businessman launches website tracking economic impact of purchases

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