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ITT announces new structure

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Employees at the Colorado Springs division of ITT Corporation will not be affected by a recent realignment within the company. ITT announced that it will consolidate its seven “value” centers into three in order to better align its products with the services its government customers need, said B.J. Talley, director of communications for ITT Systems,… Continue Reading ITT announces new structure

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Federal transit money allocated

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More than $470,000 in federal money will be distributed to local groups that provide transportation to the elderly, those with disabilities and low-income residents. The money comes from the Federal Transit Administration Job Access Reverse Commute and New Freedom programs and was recently awarded by the board of directors of the Pikes Peak Area Council… Continue Reading Federal transit money allocated

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Good news spreads quickly. Based on the results of a Forbes.com study announced Monday, Area Development Online, a Web site frequented by economic and corporate site and facility expansion officials, has posted the city’s “Best-Bang-for-the-Buck” rankings. Colorado Springs made the top list at No. 9 Click here to view the entire list. Cities that made… Continue Reading Springs ranks 9th on “Best-Bang-for-the-Buck” list

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Federal contracts awarded

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The following local companies have been awarded federal contracts since the end of October:  Colorado Engineering Inc., DBA CEI of Colorado Springs, was awarded a $50 million contract from the U.S. Navy’s Office of Naval Research for research and development. Federal Contracting Inc. of Colorado Springs has won a $4.1 million contract from the U.S.… Continue Reading Federal contracts awarded

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The Bank at Broadmoor will be taking drive-up donations for Care & Share from 6 to 8 p.m. Friday, at its branch at 155 Lake Ave. Food, cash, turkeys and canned food will be accepted. For more information, visit Care and Share’s Web site.

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It’s official. The 1.2 million-square-foot Intel building has sold to Industrial Realty Group of Los Angeles. The transaction closed yesterday, Intel spokesman Bill MacKenzie said. “The sale is bittersweet,” he said, “because while it is good that we found a new owner for the site, the sale reminds me of the terrific relationship Intel had with… Continue Reading Intel sells to California investor

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Millions in govt. contracts awarded

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While many Colorado Springs small business owners are hailing the opening of the Procurement Technical Assistance Center for the help they’ll receive getting government contracts, some firms are already in the contracting loop. Here’s a roundup of which companies have scored contracts recently: Colorado Springs-based Colorado Engineering Inc. has won a federal contract valued at… Continue Reading Millions in govt. contracts awarded

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Alliance Financial Partners has relocated its headquarters to Colorado Springs. The company specializes in commercial and residential lending through brokered mortgage loans as well as direct lending. Located at 130 East Kiowa, the company plans to hire 15 employees this year and 37 during the next four years. Employees will include loan origination executives, client… Continue Reading Alliance Financial moves to Springs, expects to add 52 jobs

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Sherer defies the odds, survives two recessions

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Sandra Sherer is an artist by trade — but she’s not afraid to roll up her sleeves and shovel hot asphalt or do whatever else it takes to keep a business successful. In between painting pastel murals, she’s helped husband Paul Sherer, since their marriage during 1991, with several businesses, including the largest privatized vehicle… Continue Reading Sherer defies the odds, survives two recessions

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DoD to hold public health symposium

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U.S. Northern Command is looking for a few good policy makers, health care providers and academics. The Department of Defense is seeking white papers to assist the military in creating a response to a national public health emergency. The military wants to know how to best use the broad capabilities of the combined services –… Continue Reading DoD to hold public health symposium

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