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Economy of Denver


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n Denver. Johns Manville Corp., a manufacturer of insulation and roofing products, relocated its headquarters to Denver from New York in 1972. CH2M HILL Inc., an engineering and construction firm, relocated from Oregon to the Denver Technological Center in 1980. The Ball Corporation sold its glass business in Indiana in the 1990s and moved to suburban Broomfield. Ball has several operations in greater Denver. Molson Coors Brewing Company established its U.S. headquarters in Denver in 2005. Its subsidiary and regional wholesale distributor, Coors Distributing Company, is in NW Denver. The Newmont Mining Corporation, the 2nd largest gold producer in North America and one of the largest in the world, is headquartered in Denver. Large Denver-area employers that have headquarters elsewhere include Lockheed Martin Corp., United Airlines, Kroger Co. and Xcel Energy, Inc. MapQuest, an online site for maps, directions and business listings, is headquartered in Denver's LODO district. Online Trading Academy, a professional trader education company, has an office and center that is operating in Denver.

Geography also allows Denver to have a considerable government presence, with many federal agencies based or having offices in the Denver area. Along with federal agencies come many companies based on US defense and space projects, and more jobs are brought to the city by virtue of its being the capital of the state of Colorado. The Denver area is home to the former nuclear weapons plant Rocky Flats, the Denver Federal Center, the Denver Mint and the National Renewable Energy Laboratory.

In 2005, a $310.7 million expansion for the Colorado Convention Center was completed, doubling its size. The hope was that the center's expansion would elevate the city to one of the top 10 cities in the nation for holding a convention.

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