Friday, July 20, 2012

Datalogix plans to add 322 jobs in Westminster over 5 years

?Datalogix plans to add 322 high-paying jobs in Westminster over the next five years ? and could receive $4.1 million in tax credits from the state if it delivers as promised.

The Colorado Economic Development Commission on Wednesday approved those credits, along with $38,000 in incentives for Niagara Bottling, which plans to add more than three dozen jobs at its water bottling plant in Aurora.

Datalogix is looking for data experts and mathematicians, whose wages will run about 2.6 times the average in Jefferson County.

The company, which started in 2002, helps corporate clients such as Wal-Mart and Kroger sort through massive amounts of data to determine trends and marketing strategies, said chief financial officer John Hillyard.

Colorado beat out locations in California, Illinois, Michigan and New York for the future hires.

Niagara Bottling's plant, located near Interstate 70 and E-470, represents a $30 million investment and will package about 300,000 gallons of city water per day.

Besides the $38,000 in tax credits under the state's strategic fund, the California company will receive another $500,000 in incentives from Aurora.

The commission also approved a request to reimburse 20 percent of expenditures for a new Rocky Mountain PBS show called "Colorado Experience."

Modeled after the popular "American Experience" series, the show will highlight historical figures and places in the state. Backers of the program are hoping to raise $334,000, which should result in a reimbursements of just under $67,000.

The commission also briefly discussed the status of an $81.4 million incentive award under the Regional Tourism Act made in May to Aurora for a proposed 1,500-room conference resort by Gaylord Entertainment.

Gaylord later said it would sell management rights for its properties to Marriott International, convert itself to a real estate investment trust and seek an outside developer to construct a scaled-down version of the Aurora project.

Aurora officials are looking for a developer to step into Gaylord's shoes and waiting to see which way shareholders vote on the Marriott deal next month, said Ken Lund, the state's economic development chief.

The commission provides approved RTA projects 120 days to show progress, but it can extend that if necessary, Lund said.

Should the Gaylord project remain in limbo for too long or change too much in scope, the commission could ask Aurora to reapply under the next round of tourism act grants, which begin in October, Lund said.

Dick Monfort, the board's chair, told other members he thought the Gaylord deal "ain't going to happen." The company wouldn't have pursued the Marriott deal if it had the financial resources to complete the Aurora resort, he said.

Aldo Svaldi: 303-954-1410, asvaldi@denverpost.com or twitter.com/aldosvaldi

Source: http://feeds.denverpost.com/~r/dp-business/~3/V93VVsVY67M/datalogix-plans-add-322-jobs-westminster-over-5

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