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MedLogic prepares to double

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MedLogic Global Corporation will nearly double its staff by the end of the year, bringing its research and development group from North Carolina to Colorado Springs, and is projecting a 20-fold increase in sales in fiscal year 1997 over FY 1996, which ended June 30. The 5-year-old biomedical company was poised to accomplish this plan… Continue Reading MedLogic prepares to double

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Goodwill puts people to work

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Goodwill Industries of Colorado Springs is receiving a $120,000 facelift that will be completed early in 1997. The facelift includes a paint job for trucks, buildings, and attended donation centers with the 100-year-old organization’s newly emphasized motto, "We put people to work." Last year, the local Goodwill put 2,350 Pikes Peak area residents to work,… Continue Reading Goodwill puts people to work

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Lockheed-Martin wins lucrative contract

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The U.S. Air Force it has awarded the Lockheed-Martin Federal Systems division a seven-year contract totaling $368 million. The contract, named the Command & Control Sustainment, will use workers at the Colorado Springs Lockheed-Martin location. The agreement is set for Lockheed-Martin to sustain the Command and Control Segment of the Air Satellite Control Network. The… Continue Reading Lockheed-Martin wins lucrative contract

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Web site set to increase sales

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Signal Processing Technologies, a Colorado Springs-based subsidiary of a Japanese corporation, Toko, has announced it has obtained a web site, <A HREF="http://www.spt.com">http://www.spt.com</A>, to display its comprehensive product and sales information on the Internet’s World Wide Web. The new site features the latest information on products, including on-line data sheets from SPT’s high-tech analog-to-digital converters, comparators,… Continue Reading Web site set to increase sales

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IHOP moves into Shoney's

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The International House of Pancakes will be the next to join "restaurant row" on North Academy Boulevard. A locally based private investment group bought the former Shoney’s location at 8065 N. Academy Blvd. for a little more than $1 million and leased it to International House of Pancakes. The breakfast franchiser is currently considering who… Continue Reading IHOP moves into Shoney's

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Arrow consolidates locations

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Arrow-Mayflower, A Colorado Springs-based moving firm, is in the process of consolidating its three locations located on Durango Drive, Pando Avenue and Delta Drive to a 39,600-square-foot building that will be located at 2885 S. Janitell Road.<p>The approximate cost for the building and the land on which it is located was $1.5 million.<p>The company, a… Continue Reading Arrow consolidates locations

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Surveying firm expands

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Accurate Consultants Inc., an engineering and surveying firm, has expanded its operations and has entered the Colorado Springs market.<p>The firm has recently purchased Benchmark Surveying Associates’ Colorado Springs location and will operate under the name of Accurate Consultants Inc.<p>The address will be 3405 N. El Paso, Suite 104.<p>Tom Cave, a principal at Accurate Consultants, said… Continue Reading Surveying firm expands

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ATR acquired by Atlanta firm

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT><p>American Technical Resources Inc., a McLean, Va.-based provider of information technology support services, has been acquired by Atlanta-based Norrell Corporation, which is one of the nation’s top staffing and outsourcing services.<p>The transaction was a stock switch, with no cash changing hands. Other terms of the agreement were not disclosed.<p>ATR, with… Continue Reading ATR acquired by Atlanta firm

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Hospital to lease

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Doctor’s Hospital, the building located at 2502 E. Pikes Peak Ave., which has stood vacant for several years, has found a new tenant.<p>Community Health Centers Inc. plans to take over the building in a lease agreement this fall. Two additional office buildings, adjacent to the hospital, will not be included in the agreement.<p>The facility will… Continue Reading Hospital to lease

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ComTel Technology expands into Springs

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<B>By LAUREY LUMMUS</B> <FONT SIZE=-1><I>Staff Reporter</I></FONT> ComTel Technology Inc., which began in Broomfield, Colo., in 1982, its expandingits base of operations to Colorado Springs this month. The company, which specializes in the design, installation, and service ofcommunication networks, is a cabling contractor that provides installationof infrastructure to support high-speed data and voice communications networks. The… Continue Reading ComTel Technology expands into Springs

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