Investor News

Posted on: July 17, 2017

Montrose Stop by the Colorado Space Business Roundtable

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Montrose was selected for the 3rd year as a stop for the Colorado Space Business Roundtable (CSBR) state-wide business development and networking road trip for 2017. CSBR arrived in Montrose on July 12, 2017, Wednesday where they hosted a reception, dinner and presentation on Colorado Aerospace at the Bridges Golf Course Community.  The purpose of this event was to educate local businesses and community leaders about the importance of aerospace in Colorado, to identify possible suppliers and subcontractors from our area who have the potential to develop business relationships with these companies and to support STEM education programs. Sandy Head, Executive Director of Montrose Economic Development Corporation (MEDC), organized the CSBR dinner event. Sandy stated that, “Each time they come, we meet with manufactures to try to increase the opportunity for them to do business with these aerospace companies.”


Joe Rice, Director of Government Relations at Lockheed Martin Space Systems, commented that CSBR hopes to find resources with local businesses in Montrose. “There are a lot of skills and abilities in Western Colorado and they are looking to diversify the economy,” Rice said. “In our case, we are always looking for innovative and more inexpensive suppliers and subcontractors.”  Joe explained that CSBR was created in 2013 by Governor John Hickenlooper to help nourish interest in aerospace.


"Rural Colorado is also plugging into our aerospace industry. Thanks to strategic outreach aimed at expanding Colorado’s space community beyond the I-25 corridor, major Front Range contractors are looking to small businesses around the state and looping them into their supply chain… Companies like Lewis Engineering in Grand Junction and GenHam Diamond Tooling in Montrose joined forces as a direct result of road trips arranged by the Colorado Space Business Roundtable. We encourage other industries to follow this lead, to make targeted efforts to do business with Colorado companies and maximize resources statewide."

– Governor John W. Hickenlooper, 2016 State of the State Address


Montrose County Commissioner Glen Davis, who was in attendance, stated that he has taken part in other CSBR events and is hoping to continue working with aerospace corporations. “It’s looking at applications that might fit in Montrose County from the standpoint of increasing jobs and industry,” Davis said. “Most of this industry is very clean and it’s very high tech.”


“To have the big world of space say, ‘We will do business in Montrose, Colorado,’ I think that is huge,” Sandy Head said. “We are always looking to find ways to make our manufacturing community and other businesses more sustainable. You never know when one of these companies may want to expand into Montrose.”  Sandy explained that with increased awareness of where we are in aerospace and we can better strive as a country to once again be the leader in aerospace.


Members of the Colorado Space Business Roundtable toured Gordon Composites Inc., Swiss-O-Matic and Rocky Mountain Turbine Services Thursday (July 13, 2017). “When we take the tours, it is an opportunity for the companies to provide details of their processes,” Sandy explained. “And to give examples of what they manufacture considering if there is potential for this company to manufacture for the aerospace field.’”


The success of this event could not have happened without the following partnerships: (Thank you!)

Gordon Composites – PolyOne, provided a tour of their business.

City of Montrose, Office of Business and Tourism, provided the gift bags and contents.

Swiss-O-Matic, provided a tour of their business.

Wells Fargo Bank, paid for the venue for the CSBR dinner event.

Rocky Mountain Turbines, provided a tour of their business.


About The Colorado Space Business Roundtable:

Our mission is to promote the growth of space and space-related industry in Colorado for existing and entrepreneurial businesses and activities. Develop and strengthen relationships among all members of the Colorado high-tech community. Serve as a forum for the presentation and exchange of business-building information. Support educational initiatives designed to satisfy Colorado’s large growth in high-tech employment needs. Attract more space related businesses to Colorado. For more information about CSBR visit www.coloradosbr.org, follow us on Facebook at Colorado Space Business Roundtable or Twitter @Aerospace.

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