2022 Annual Report

It was an exciting year for the Grand Junction Economic Partnership.

We onboarded new leadership, hosted the annual Western Colorado Economic Summit, and celebrated various wins with our community. We’re proud of what we’ve accomplished through the support of our investors.

The 2022 Annual Report details GJEP’s economic impact this year and cumulative impact over the years. In this report, you will find data detailing the number of businesses GJEP has helped relocate or expand within the Grand Junction area, the number of jobs created, capital expenditures, and return on investment.

Grand Junction Economic Partnership 2022 Annual Report

Our Chairman’s Circle Partners:

The Grand Junction Economic Partnership calculates economic impact by assessing each new job created by industry and using IMPLAN modeling software to generate direct, indirect, and induced labor income impact. The direct effect is the economic impact on Mesa County from the direct spending of employee compensation. An indirect effect is a multiplier reflecting the relationship between the dollars spent by the employer, which then becomes the income of another person to be spent. Induced effects result from increased personal income caused by direct and indirect effects. Businesses experiencing increased revenue will subsequently increase payroll expenditures by hiring more employees, increasing salaries, etc.

GJEP IN ACTION

    2022 was a big year for us! Here are some of the highlights: 

    • Welcomed new Executive Director, Curtis Englehart
    • Hosted the 2022 Western Colorado Economic Summit
    • Celebrated the relocations and expansions of EquipmentShare, MotoMinded, Kooler Garage Doors, Boeson Research, and Spares in Motion
    • Supported the expansions of West Star Aviation and CoorsTek
    • GJEP was awarded an Opportunity Zone Video Grant through OEDIT
    • Welcomed new Marketing & Communications Director, Selena Sanchez
    • Business Development Manager, Matt Bell, celebrated one year with GJEP
    • Welcomed new Office Manager, Karen Mahoney
    • Sponsored WSSW with active staff participation in the event
    • Hosted the Colorado Office of Outdoor Recreation’s visit to Grand Junction 
    • Sponsored The Wright’s On The Road event in Grand Junction
    • Published twelve Economic Focus columns in The Daily Sentinel 
    • Hosted ten episodes of Business Beat on KAFM Community Radio

      GJEP In The News

      MotoMinded LLC Relocates to Mesa County

      MotoMinded LLC, a small but efficient company with a passion for imaging, designing, and
      producing quality products for motorcycles, has announced its relocation from Colorado Springs
      to Mesa County.

      read more

      EquipmentShare Opens New Location in Grand Junction, CO

      On August 11, 2022, Monitor Daily published an article about EquipmentShare's new location in Grand Junction.  EquipmentShare, construction equipment and technology solutions company, opened a new location in Grand Junction on August 6. The brand will serve local...

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      Grand Junction Recovering Jobs Faster than Rest of State

      Last week, The Daily Sentinel shared a positive news article that suggests the Grand Junction Metropolitan Statistical Area - an area covering Mesa County, Colorado - has been recovering from the pandemic faster than the rest of Colorado. Per the article, the Grand...

      read more

      ongoing efforts

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      Opportunity Zones & Las Colonias

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      jump-start tax credit program

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      Collaborative Local & State Partnerships

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      real estate development support

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