Weekly News from COBRT
April 25, 2017
Economic Development
Ball Corporation yesterday broke ground on an expansion of its Aerospace Manufacturing Center (AMC) at a groundbreaking ceremony in Westminster, CO. Colorado Governor John Hickenlooper, United States Representatives Mike Coffman (CO-6) and Ed Perlmutter (CO-7), and Westminster Mayor Herb Atchison joined senior Ball leadership for the event. When fully completed, the 145,000 square foot expansion will significantly enhance the manufacturing and production capabilities of Ball Aerospace, a business of Ball Corporation.

"We are here to break ground on the expansion of the Aerospace Manufacturing Center in order to keep pace with projected growth and meet the needs of the customers we serve every day," said John Hayes, chairman, president and chief executive officer of Ball Corporation. "Ball Aerospace has received multiple awards and recognitions at the highest levels from its customers for on-time performance, execution, affordability and best-in-class workforce. This expansion will ensure we maintain our competitive advantages within the aerospace market."

"Colorado Economic Development Commission members offered $12.7 million to Lockheed Martin (NYSE: LMT) and $20.3 million to an unnamed software company Thursday in an effort to bring more than 1,500 high-paying jobs to the Denver metro area.

In the case of Lockheed, one of the nation's largest aerospace firms, those new jobs number 550 at an average annual wage of $118,617, a pay level that is more than twice the average salary of Jefferson County, where the company would look to add positions."

Colorado State University recently launched the  Regional Economic Development Institute ( REDI), in order to focus on the economics of rural and urban areas across Colorado.

The institute ( led by  CSU  economics professor Stephan Weiler) intends to identify and analyze economic development strategies in struggling rural and urban areas throughout the state.

The institute aims to publish bimonthly research on issues affecting Colorado including entrepreneurship, food systems and agriculture, innovation, development and livable communities.

"The U.S.  Chamber  of Commerce is now accepting applications for the 2017 Dream Big  Small  Business of the Year Award , presented by MetLife. We are proud to recognize the achievements of  small   businesses  and honor their contributions to America's economic growth. 

Join us in Washington, D.C. for the Dream Big Awards Celebration on Tuesday, September 12, 2017! The evening will include onstage, award presentations for the Business Achievement Award and Dream Big Small Business of the Year winners. The Dream Big Awards Celebration will honor the achievements of small businesses and highlight their contributions to America's economic growth."

Bernie Marcus, co-founder of The Home Depot and Job Creators Network, recently wrote an op-ed for Real Clear Politics highlighting Trump's triumphs for small business since he took office in January.

"While his administration did hit some roadblocks-such as the botched Obamacare repeal effort-he has overseen a twelve percent growth in the stock market, the highest consumer confidence level since 2000, business deregulation, and the confirmation of Justice Gorsuch to the Supreme Court. Now it's time to see what President Trump has in-store for the next 100 days."

Education & Workforce

The  breakout sessions feature leading experts on innovative programs that work to prepare young adults for career success. Among them:

California Career Pathways Trust

U.S. Chamber of Commerce Foundation's Talent Pipeline Management Academy

CareerWise Colorado

reVISION: Nebraska's Education & Workforce Development Partnership

Thursday, May 11, 2017 9:00 AM -
Saturday, May 13, 2017 2:30 PM (Mountain Time)

Denver Marriott City Center
(303) 297-1300
1701 California St
Denver, Colorado 80202

And register here (remember to use the discount code COBRT2017WPC for $100 off)
Immigration Policy
"Representatives of Colorado industry groups met with  U.S. Rep. Diana DeGette on Wednesday to urge immigration reforms to close the growing gap between the number of high-skilled workers allowed into the country and thousands of U.S. technology jobs going unfilled.

The inability to find the skilled workers is the top concern shared by business executives, and having a system that allowed more immigrants to fill those jobs would be helpful, said  Jeff Wasden, president of Colorado Business Roundtable, which organized the discussion."

"Most Americans agree that the future of the U.S. economy depends on the ability of its businesses to compete globally. One of the key factors that allow U.S. employers to grow their businesses and create new jobs is their ability to recruit and retain talent from other countries. 

How well does the current U.S. employment-based immigration system support this goal?  Based on original research and analysis, Business Roundtable found that the United States falls short when compared to other advanced economies."

Colorado Business Roundtable's Inner Circle gives our members access to Colorado's top business women and men. #COBRTInnerCircle members share their leadership lessons and invite you to learn more about them and their organizations.
Scott Laband is the president of  Colorado Succeeds , a non-profit, nonpartisan coalition of business leaders focused on improving the state's education system.

Colorado Succeeds represents business executives from corporations of all sizes and sectors working to ensure all of Colorado's children are educated to their greatest potential, and all of Colorado's businesses have the talented and innovative homegrown workforce they need to thrive.

  Learn more about Scott

Listen at KDMT 1690 AM Denver's Money Talk from 
4-5 p.m. Monday through Friday or  live stream online. Podcasts are available at  www.cobrt.com/radio and on your favorite podcast app the day after live airing.

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