New Belgium lays off 28 employees, most in Fort Collins

By Christopher Wood FORT COLLINS — Slow growth in craft-beer sales has prompted New Belgium Brewing Co. to lay off 28 employees — most of them in Fort Collins — the company announced Friday. New Belgium spokesman Bryan Simpson told BizWest that Fort Collins bore the brunt of the layoffs, with three in Asheville, N.C., where the company opened a brewery in 2016. The layoffs constitute less than 4 percent of New Belgium’s workforce. New Belgium employs more than 400 workers in Fort Collins and 740 nationwide. “These changes were not driven by a decline in our business,” New Belgium said in a press release announcing the layoffs.… Continue Reading...

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Zayo Group to sell carrier in Minnesota for $42 million

By Jensen Werley BOULDER — Zayo Group Holdings Inc. (NYSE: ZAYO) is selling Scott-Rice Telephone Co. to New Ulm Telecom Inc. for $42 million. Scott-Rice is an incumbent local exchange carrier in Minnesota. Zayo acquired it through its March 2017 purchase of Electric Lightwave. It has been managed separately but within Zayo’s Allstream business segment. Scott-Rice Telephone serves residential and business customers in Scott and Rice counties, southwest of Minneapolis. “This transaction represents further progress toward the separation of our Allstream business,” Matt Steinfort, Zayo’s CFO, said in a prepared statement.… Continue Reading...

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Monfort College of Business launching online MBA program

By Doug Storum GREELEY — The University of Northern Colorado said Friday it will offer an online masters of business administration program that is scheduled to begin in August. UNC’s Monfort College of Business will work with Dallas-based Academic Partnerships, an online-service provider, to expand access to the college’s MBA program and begin a marketing campaign in April. Academic Partnerships assists public universities with converting campus-based programs into an online format while also leading efforts to recruit, enroll and retain those students, in addition to faculty training and support. “This move accelerates and amplifies our efforts to increase access to our MBA program — across Colorado and beyond,” said Paul Bobrowski, in a letter to the campus…

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NoCo co-working space ‘desk chair’ to begin leasing

By Jensen Werley LOVELAND — A new co-working space in downtown Loveland called desk chair is accepting leases and offering tours. The space, located at 201 East 4th St., will be in an historic building that is nearly completed in its remodeling. Work spaces include shared environment and private offices, available with month-to-month contracts. Prices range from picking your own desk each day for $250 per month or getting a dedicated desk for $350 per month to getting a private office suite for $575 per month. The space will also include a dining spot that’s open to the public.… Continue Reading...

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Xcel Energy promotes David Eves to additional position

By BizWest Staff MINNEAPOLIS — Xcel Energy has named David Eves, president of Xcel Energy — Colorado, to executive vice president and group president – utilities, effective March 1. Eves will oversee leadership of Xcel Energy’s operating companies, a responsibility held by Marvin McDaniel Jr., who previously announced his retirement. Eves will maintain his position overseeing the company’s Colorado operation. “David’s in-depth knowledge of the industry and vast background in the planning, generation, and delivery of energy makes him well suited for this role,” Ben Fowke, chairman, president and CEO of Xcel Energy, said in a prepared statement.… Continue Reading...

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