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

      Goose Gear Chooses Grand Junction for Relocation

      Goose Gear, a leading outdoor recreation and overland manufacturer, has selected Grand Junction, Colorado, as the site for its new headquarters and was awarded the Job Growth Tax Incentive. Family-owned and operated, Goose Gear specializes in manufacturing high-quality camping systems for vehicle-based recreation that add to the simplicity and comfort of their customers’ outdoor experience

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      A New Star Arises: Discover Asteria Theatre at Colorado Mesa University

      Two things have united humanity since the beginning of civilization: the stars above and the stories we share. Colorado Mesa University is bringing these timeless elements together with its new state-of-the-art Asteria Theatre, which celebrates creativity, connection, and discovery.

      Located on the university’s campus, the 860-seat theatre supports CMU’s music and theatre arts curriculum and has all the amenities required to support traveling Broadway productions, boasting the largest stage between Denver and Salt Lake City.

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      QuikrStuff: Built for Adventure, Made in Grand Junction

      QuikrStuff: Built for Adventure, Made in Grand Junction What does it take to build a game-changing product? For QuikrStuff, the answer includes innovation, resilience, and a commitment to crafting high-quality products from their home base in Grand Junction,...

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      DT Swiss, A Global Leader Thriving in Grand Junction, Colorado

      In the world of high-performance bicycle components, few names resonate as strongly as DT Swiss. With its global headquarters in Biel, Switzerland, and a network of production and sales sites across Germany, Poland, France, the USA, and Taiwan, DT Swiss has established itself as a leader in the cycling industry. But did you know that the company’s North American operations are rooted right here in Grand Junction, Colorado?

      Since opening its Grand Junction subsidiary in 1996, DT Swiss has grown exponentially, making significant investments in both its facilities and the local workforce. What started as a dedicated spoke production facility has evolved into a robust operation featuring a state-of-the-art wheel-building department and a comprehensive service center. The company’s expansion in 2021 into a new, spacious building with modern infrastructure is a testament to its commitment to Grand Junction and the North American market.

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      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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