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A once-quiet downtown corner surrounded by warehouses and vacant lots has come to life with music, dancing and laughter. Continue Reading Conservatory helps downtown economy and cultural vitality

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Economy divided among good and bad indicators

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El Paso County’s economy has reached a standoff between good and bad forces — and those in the business of making predictions cannot say which will win the showdown. Continue Reading Economy divided among good and bad indicators

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PMC opens design center in the Springs

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Engineers at PMC-Sierra, which officially opened its semiconductor design office in Colorado Springs this week, showed off the small semiconductor devices that power the Internet to a group of local business leaders. The devices are smaller than a business card and can require 18 months to two years and from 40 to 100 engineers to… Continue Reading PMC opens design center in the Springs

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Colorado exports grow to $3.9 billion

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Colorado merchants increased exports by 12 percent in the first half of the year, growing from $3.5 billion in 2011 to $3.9 billion this year, said the International Trade Administration. The growth topped the 7 percent national average for merchandise export growth for the same period, the group said. “Exports are an increasingly important part… Continue Reading Colorado exports grow to $3.9 billion

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Within the next 18 months, the Colorado Springs Chamber and EDC will have a new name, new office space, a new organizational hierarchy and a new vision. That’s the word from President and CEO Joe Raso, who spoke to a crowd of about 200 business, military and community leaders this morning, sharing his view of… Continue Reading Raso introduces self, ideals to community

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Seven years ago, the phone rang at the Colorado Springs Economic Development Corp. with an inquiry. Continue Reading ‘Business friendly’ environment won over Bal Seal

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Bal Seal Engineering Inc. broke ground Thursday on a 155,000 square-foot manufacturing plant that promises 200 jobs in the next two years. Local and state government officials, local business leaders, small business owners and Bal Seal employees celebrated at the 18-acre site, off InterQuest Parkway and Federal Drive in northern Colorado Springs. The project was… Continue Reading Bal Seal on its way to a new manufacturing plant, and 200 hires

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Drake Power Plant’s days could be numbered. But it could be decades before the familiar plumes of steam no longer dominate the downtown landscape. The Colorado Springs Utilities Board of Directors – essentially, City Council – asked the utilities staff to study the feasibility of de-commissioning Drake, the coal-fired power plant. Tentatively, the study will… Continue Reading Utilities to study options for Drake power plant

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Data center relocation hot spot is Colo. Springs

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Cities are likely to soon be swooning over data centers, and Colorado Springs could be a lucky suitor. Continue Reading Data center relocation hot spot is Colo. Springs

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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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