Wangard planning Sussex business park, sees strong demand
Wangard Partners Inc. is proposing a new business park that could break ground this summer in Sussex, and already has been approached by about a dozen companies that need land for new buildings.
Save-A-Lot to open new headquarters in St. Louis
The discount grocery chain will add 64 jobs with its move to the $106 million development.
Bertucci’s is preparing for bankruptcy filing, report says
Bertucci's, the Massachusetts-based Italian-restaurant chain, is reportedly preparing to file for bankruptcy.
Bloomberg, citing people familiar with the matter, also reported that the Northborough company is lining up a buyer who would take control of the company.
The chain opened its first restaurant in Somerville's Davis Square in 1981 and operates 82 restaurants from New England to Virginia, “each reflecting the distinct character and local charm of their community,” according to its website.…
Billion-dollar Parker project that could have brought 4,000 film and TV jobs to Colorado in limbo after land negotiations fall through
A land deal for a proposed 1.9 million-square-foot digital media and technology campus in Parker — touted by Gov. John Hickenlooper last summer as a potential steppingstone toward growing a “more mature film business” in Colorado — has fallen through.
Redbarre Cos., the Denver-based media and tech consulting firm behind the project, announced Friday that it has given up on its plans — for now, at least — to build its campus in the south metro town’s Compark Village subdivision after negotiations with the landowner deadlocked.
A media release issued on behalf of Redbarre did not provide details on what led to the impasse but said the company “remains fully committed to build in Colorado” and will pursue other land opportunities.
The release called the campus a billion-dollar project. When plans were first announced in August, Redbarre officials indicated it could create more than 4,000 full-time jobs. The 70-acre project, which was to be centered on a 75,000-square-foot sound stage, ..
Vaisala will build new U.S. headquarters building in Louisville
Vaisala, the Finland-based maker of weather- and environmental-monitoring equipment, this week said it will build a new U.S. headquarters next door to its current leased facility in the Colorado Technology Center in Louisville.
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The 32,000 square foot building will be constructed over the next two years at a cost of about $14.8 million, the company said in a news release Thursday.
In Colorado, Vaisala is best known for a weather monitoring system constructed near the Denver Museum of Nature and Science that serves as a complement to the official National Weather Service monitoring station at Denver International Airport. The company also has played a key role monitoring lightning in huge storms, including Hurric..
Columbia Bank reveals how much it’s paying new CEO
Hadley Robbins tripled his compensation in his new role.
Matt Delaney talks taxes
The passage of the Tax Cuts and Jobs Act, which President Donald Trump signed into law before Christmas, comes at a good time for the firm, which has been growing its tax arm since it acquired Oahu-based WR Consulting Inc. last summer.
First Horizon releases solid earnings, focus remains on Capital Bank integration
First Horizon National Corp. continues to execute its bonefish strategy.
The Memphis-based financial services provider released its first quarter 2018 results Friday, April 13, with earnings per share of $0.27 reported ($0.34 on an adjusted basis), which represented a 17 percent increase from Q1 2017.
For more quarterly stats, see below.
Focus remains on the implementation of First Horizon’s bonefish — a visual representation of the company’s goals and strategies created in 2009 — as…
Nonprofit to break ground on $1.25M residential treatment center in Scottsdale
Devereux Advanced Behavioral Health Arizona is breaking ground next week on a therapeutic treatment facility that focused on youth under the age of 12 healing from severe abuse.
The residential treatment center is on a 10-acre campus where youth live and attend school while receiving treatment for emotional, mental, behavioral and substance abuse challenges.
Phoenix-based Architectural Resource Team Inc. is the project architect and Delta Construction, also based in Phoenix, is the general contractor…
Lancaster boasts industrial community with sites available for business development, growth
Perhaps Lancaster, Ohio’s economic development website says it best, “…everyone wants to be part of the next big thing. And we’re the next big thing.”
The community has made significant investments in its future: building five new elementary schools, bringing two new junior high schools online in 2020 and planning for a new high school; revitalizing its downtown with great success; supporting a 10-year plan to improve and enhance its roads and streets; and bringing a new 650-kilowatt solar…