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Business & Real Estate

New Mexico agency settles with oil company in well case

SANTA FE – An oil company operating in northwestern New Mexico has agreed to pay a $25,000 civil penalty as part of a settlement. The Energy, Minerals and Natural Resources Depart...

High court weighs compensation for business restrictions

SANTA FE – The New Mexico Supreme Court heard oral arguments Wednesday as it weighs whether the state must compensate businesses for losses due to temporary closures and other pandemic-relat...

Annual Colorado pot sales surpass $2 billion for first time

DENVER – Marijuana sales in Colorado in November pushed the industry’s annual revenue over $2 billion for the first time since cannabis was legalized for recreational use by a 2012 ballot me...

Ska Fab purchased by private equity firm

Hanover Partners will bring capital infusion; manufacturing in Durango likely to benefit

New Mexico utilities look ahead to renewable energy mandates

ALBUQUERQUE – A solar project meant to provide 10% of Gallup’s electricity for the next two decades is falling short of expectations, highlighting just one of the challenges as investor-owne...

Promise of vaccines boosts optimism of Colorado business leaders for 2021

Colorado business leaders are optimistic economic conditions will improve later in the year — but remain relatively downbeat on near-term prospects, according to a quarterly survey by resear...

Unemployed Colorado residents may wait weeks for more aid

FORT COLLINS – It could take up to four weeks for Colorado to begin distributing new federal unemployment benefits, officials said, but it could be sooner because the state is updating its c...

Alpine Bank, First Southwest Bank provides equity investment loans

Alpine Bank and First Southwest Bank have provided equity investment loans, referred to as EQ2 loans to HomesFund,a Durango-based certified CDFI that provides educational and financial tools...

SWEEP names Elise Jones as executive director

Southwest Energy Efficiency Project has named Elise Jones as executive director, effective Jan. 25. For the past eight years, Jones has served as a Boulder County Commissioner. P...

Absolute Physical Therapy and Wellness welcomes new physical therapist Liz Ashworth

Absolute Physical Therapy and Wellness has welcomed physical therapist Liz Ashworth its team. Ashworth earned her doctorate of physical therapy from Eastern Washington University...

First Southwest Bank awarded Bank Enterprise Award and granted over $200,000

For the fifth year in a row, the U.S. Department of the Treasury’s Community Development Financial Institution Fund granted First Southwest Bank just over $200,000 from the Bank Enterprise A...

First Southwest Bank announces new CFO and CTO

First Southwest Bank recently announced the addition of new team members, a new CFO and CTO, as well as key promotions across its rural Colorado branches. Mike Coltharp is FSWB’s ...
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