Business

  • The Denver area will gain hundreds of jobs as Lockheed Martin Corp. consolidates facilities across the country and shifts more work to its operations in Colorado, the company announced Thursday. The Bethesda, Md.-based company (NYSE: LMT) said it's taking these steps in response to a drop in spending by the U.S. government, which means the closure and consolidation of some facilities and the elimination of 4,000 jobs nationwide.
  • What do wastewater treatment and economic development have in common? You can't have growth without the capacity to treat the wastewater that comes with it, according to the Metro Wastewater Reclamation District, which treats and cleans what 1.7 million people in the Denver area flush down the drain every day.  And it's the continuing growth of the metro area -- particularly north of Denver in Adams County, Thornton and Brighton -- that the district had in mind when it launched a $415 million project to build a new wastewater treatment plant and a seven-mile pipeline to funnel waste to the plant, says Barbara Biggs, the district’s governmental affairs officer.
  • New foreclosure filings in Colorado were down 46.1 percent through the first nine months of 2013 from the same period a year ago, and foreclosure auction sales dropped 36.9 percent
  • Metropolitan State University of Denver has reached a $1 million naming-rights agreement with Regency Student Housing for the university's new athletic complex. The new name is The Regency Athletic Complex at MSU
  • Backers of what's being called City for Champions -- a reference to four proposed tourism projects in Colorado Springs -- want about $40 million more from the state to cover the cost, The Gazette reports.
  • Scott's Liquid Gold Inc., a Denver company that makes cleaning and skin-care products, reversed directions from a year ago and posted a profit in the third quarter.