Alfalfa’s Market to close 5-month-old Longmont store
Alfalfa’s Market is closing its newest store just more than five months after its opening, less than three weeks after it closed its longtime Boulder store.
In a statement, the company said it intends to close the store at 700 Ken Pratt Blvd. as early as Tuesday, depending on how much product is sold in a clearance sale. The closure will lead to 39 layof fs.
“Unfor tunately, no one could predict the duration of the pandemic, and this timing proved to be incredibly difficult to introduce our unique retail concept to a new community,” the company said in a social media post announcing the closure.
The company said it will continue to operate its lone remaining store in Louisville.
Alfalfa’s closed its flagship Boulder store at 1651 Broadway in late February, bringing an end to the company’s occupation of that property since the store was founded in 1979.
DENVER
State approves tax incentives for pair of firms considering expansion, job creation
The Colorado Economic Development Commission on Thursday approved the of fering of tax incentives for a pair of unnamed companies considering expanding or establishing operations in the Denver metropolitan area.
It is the commission’s practice not to identify companies the Colorado Of fice of Economic Development and International Trade is recruiting until incentives are accepted.
• A software-enabled, peer-to-peer sharing ser vice, nicknamed Project Flood, is eyeing the Denver metro area for a new headquar ters.
Project Flood could add up to 1,483 net new fulltime jobs in the region, spread across roles in management, finance, engineering and administration. The average annual salar y would be $163,677.
In exchange, the company is seeking nearly $16.4 million in tax incentives.
Project Flood is also considering sites in Arizona, Georgia and Idaho.
• Project Island, described by the OEDIT as “a privately held energy and technology company that provides oil and gas companies with a cost-ef fective way to capture environmentally harmful byproducts of oil and gas extraction and conver t those byproducts into electricity,” is considering establishing a new operations center in the Denver region but has not settled on a specific county.
Project Island would create 286 jobs in accounting, finance, legal, human resources, technology and sales and marketing roles. The average annual salar y would be $122,795.
The company is seeking more than $3.8 million in tax incentives.
IN BRIEF
• The Fort Collins Area Chamber of Commerce has received five-star accreditation for the third time. It is one of two chambers in the state and one of 190 chambers across the countr y to receive accreditation. The award comes from the United States Chamber of Commerce. The Castle Rock Chamber of Commerce received a four-star rating; For t Collins has the only five-star chamber.
PEOPLE
• Loveland-based Lightning emotors has tapped Steve Ivsan as its new chief procurement officer to manage the company’s supply chain of par ts. Ivsan will be based in the Loveland headquarters. Before joining Lightning, Ivsan was in lead procurement roles for Golden-based Outrider Technologies Inc., Chinese electric vehicle brand Byton, EV truckmaker Rivian Automotive and at Tesla Inc.
• Brinkman Real Estate Ser vices has named Jane Everhart to the position of president and chief financial officer for the real estate investment firm. Her promotion, the company said, helps to support the organization’s market focus in secondary/tertiary markets in the Intermountain West region. Everhart has more than 30 years of experience in financial management, including 20 years as a CFO for high-growth, entrepreneurial companies such as Otter Products, Gorsuch Ltd. and Brinkman.
• Journey Payroll of Fort Collins has promoted Lina Freed to president of payroll operations. She also is now an owner and stockholder. Freed joined Journey Payroll & HR in 2015 as a payroll specialist and was director of payroll operations before her promotion.