Find Out More About the Arvada, Westminster and Denver Area Economy & Job Market
North Metro Denver's economy, while somewhat
bumpy right now, is benefiting enormously by the large amount of high-tech
corporations such as Sun Microsystems, StorageTek and Motorola, Avaya
Technology, Ball Aerospace, and others that are being attracted
here.
A new technology community called the
Interlocken Business Park is attracting huge technical companies bringing
executives from out of state to fill many jobs. While some companies are
currently laying off employees, many businesses and large corporations are
booming and capitalizing on an otherwise weakened economy. Medical technology
and oil and gas are doing especially well.
Broomfield Economic Development
Corporation
The Broomfield Economic Development
Corporation (BEDC) is Broomfield's primary agent for economic development. It
offers assistance and support to local businesses. Founded in 1986 as a
non-profit corporation, BEDC promotes economic growth that enhances quality of
life for residents.
Visit the BEDC
web site
In the past four years, more than $1.5
billion in new capital investment was generated in the City and County of
Broomfield. These investments have resulted in the retention or creation of
more than 14,000 jobs and the construction or leasing of more than 11 million
square feet of office, retail, and industrial space.
Broomfield is a prime location, centrally
located within the metro area between Denver and Boulder of the U.S. 36/Boulder
Turnpike.
With a city population of nearly 35,000, and
nearly 2.2 million in the metropolitan area, Broomfield allows for easy access
throughout the Denver metro area. The city is just minutes from the new Denver
International Airport (DIA), which links the area to destinations in the United
States as well as Europe, Asia, and South America.
Large and small manufacturing and
high-technology businesses thrive in the area. Your business will find a highly
educated and skilled work force, and an economic climate that welcomes
business.
The progressive city government is dedicated
to planned and managed economic development that will benefit the future of the
entire community.
Major Area and Local
Employers |
|
Company |
Product/Service |
Employees |
|
Avaya Communications |
Telecommunications |
6,000 |
|
Kaiser-Hill |
Defense Components |
5,500 |
|
IBM |
Software Development |
5,000 |
|
Sun Microsystems |
Network Computer Systems |
3,200 |
|
Storage Technology |
Computer Storage |
3,000 |
|
Ball Corporation |
Aerospace Systems |
1,925 |
|
Level 3 Communications |
Internet Based Telephonic
Com |
1,837 |
|
Hunter Douglas |
Window Coverings |
900 |
|
Geneva Pharmaceuticals |
Generic Pharmaceutics |
702 |
|
McData Corporation |
Cmpt. Prph.
Manufacturer |
676 |
|
City & County of
Broomfield |
City Government |
600 |
|
Corporate Express |
Office Supply
Distributor |
593 |
|
Bestop |
Utility Vehicle Accessories
|
516 |
|
MicroSemi |
Semiconductors |
200 |
|
Engineered Data
Products |
Computer Support
Equipment |
175 |
|
McKesson HBOC |
Medical/Patient Call
Center |
111 |
 Lucent
Technology
Avaya
Technology
Ball
Aerospace
Major
Employers in Arvada
Arvada
Economic and Real Estate Growth
Request our Free Arvada, Westminster and Denver Relocation Package. It's packed full of useful and important information about the Arvada, Westminster and Denver, Colorado area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out...
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Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
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| Q |
What famous American monument is also the world's heaviest statue?
|
| A |
The Statue of Liberty, officially named "Liberty Lighting the World", weighs 54.31 million pounds. |
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