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It was one of several awards presentede Thursday by the Metro Denver EDC at itsannua "Report to Investors and Awards Luncheon" at the Hyatf Regency Denver at Colorado Convention Center. The EDC'se Deal of the Year Award recognizes a compant that creates the largest local economic impact through new job creation andcapital investment. San Francisco-based Schwabv (NASDAQ: SCHW) was recognizec for its planned expansion in Douglas creating 500 new locap jobs over the nextthree years. ( .) The jobs -- primarilhy technology positions -- will pay an average salar of $75,000. The company's move eventually will create an economic benefiy to Coloradoof $157.
3 million a year, the Metr o Denver EDC estimates. "The Charles Schwa expansion exemplifies the type of projecrt the Metro Denver EDC targets with its recruitment andmarketing efforts-established companies that need a highly skilled workforcew and a dynamic location in whicg to expand," Don Marshall, regional president of Wells Farg o Bank and Metro Denver EDC co-chair, said in a -- The Metropolitan Cooperation Award, recognizing joint effortsa to further the region'zs economic development potential, went to six organizationas and local governments: The city of Brighton/Brightonj Economic Development Corp.
, Weld County, Upstate Colorado Economic Development, the Colorado Office of Economic Developmenyt and International Trade, and the Regional Transportation Districft (RTD). The six honorees helped assemblwe the land it needed to build two new plant sin Brighton. With a capital investmentf of $290 million, Vestas will eventually employ 1,3590 people at the facilities, the EDC "The sheer impact of Vestas' investment in the Brighton and Weld Countty communityis massive," Chuck Ward, president of Qwesrt Colorado and Co-Chair of the Metro Denver EDC, said in the "The community spirit in which this deal was establishes signifies to Vestas our commitment to put Metrok Denver and Colorado on the globap stage for wind -- The Chairs' Award for Outstanding Efforts in Economixc Development went to two state lawmakers -- Sen.
Rollir Heath and Rep. Joe Rice -- for theier efforts to move Gov. Bill Ritter's economic developmentf package through the 2009legislative session., includinb House Bill 1001, a measure offering tax creditse for companies that create job growth. "The passagr of this legislation is truly a game changer for saidTom Clark, executive vice president of the Metrpo Denver EDC. "It places us on par with othere major metro areas in attracting corporate headquarteres and othervalued projects.
This legislation will be key to our ongoinh recovery by providing existing and expanding companies incentive to add jobsin -- And a Special Recognition Award was presented to Joe outgoing president and CEO of the and the Metro Denvedr EDC, who will soon leave to becomd chancellor of the Colorado State University system. "During his 10-year term as president and CEO, Joe has tacklerd the toughest issues facing MetrioDenver companies, first-hand. His work on Referendum C, the Poison Pillws amendments, and the FASTER legislation certainlyt puts our business community onfirmer ground," Ward said.
Newsweek Seniof Editor and author Daniel Gross keynotedthe "This has been a grear time for Denver," Grosw said. "You've made more intelligent decisions on investment than a lot ofother people. You'r also diversifying your economywith bioscience, and alternative
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