Business Buzz: Village Inn updates Craig building

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Craig’s Village Inn recently received numerous renovations to both its interior and exterior.

The restaurant shut down operations for about a week to complete the remodel, which included new seating, tables, signage, wallpaper and other features, as well as knocking down a wall to ease the flow of traffic.

“It’s a better layout, and it looks bigger, even though it’s not,” General Manager Megan Nelson said.

The decor, which also now has two televisions, is meant to resemble the rest of the chain as Village Inn has continued to revamp its franchises across the state in the past several years.

The eatery opened for business again Thursday to let customers experience the new feel, which was also reflected in the new paint job on the building’s roof.

Nelson said a new outdoor sign will be installed later this week.

Bears Ears Dental changed name to Craig Family Dental

In March, Bears Ears Dental rebranded its name to Craig Family Dental. The company has the same dentist — Dr. Lee Atkin — at the helm of the business.

Rural Entrepreneurship Marketplace to come to Craig

Small business owners and entrepreneurs will get a chance to expand their know-how at the Rural Entrepreneurship Marketplace conference taking place Thursday and Friday at Moffat County High School.

Several speakers will host presentations and workshops at the conference going over ideas in agriculture, technology, marketing, community development and more.

Tickets for the event, which includes lunch, are $45 per person.

The Craig Chamber of Commerce and the Craig/Moffat Economic Development Partnership teamed up to bring the event to Craig.

Napa Auto Parts gets an exterior facelift

T&H Napa Auto Parts of Craig started repainting their exterior Friday. Donna Parker, office manager for the business, said they should finish up the project by the end of the weekend. It was a much-needed change, she said. “It was getting dull,” Parker said.

Small businesses to catch a tax break

Colorado small-business owners have long been asking for help with the business personal property tax, and a measure of relief is now just around the corner, according to a press release.

Last week, Gov. John Hickenlooper signed House Bill 14-1279 into law, granting state income tax credits to small businesses for business personal property tax paid in Colorado.

In brief, companies pay business personal property tax (BPPT) on items they own, such as machinery, computers, wires and cables, furniture and more. Currently, the first $7,000 in the actual value of business personal property is exempt from the BPPT.

Under HB 14-1279, state income tax credits would be available to businesses owning $15,000 or less in business personal property. Local governments would still receive the BPPT revenue, but the state income tax credits would partially offset costs to the small businesses. The credits will be available for the next five tax years, and the $15,000 threshold will be adjusted annually for inflation.

The bipartisan bill passed with overwhelming support in both the House and Senate. It will take effect Aug. 6.

Tri-State appoints executive vice president and general manager

Tri-State Generation and Transmission Association Inc. — the wholesale power supplier to 44 member electric cooperatives and public power districts — announced that its board of directors unanimously chose Micheal McInnes as the association’s executive vice president and general manager, according to a press release.

McInnes had served in that role on an interim basis since March 2014.

“Mike demonstrates daily the leadership and character that motivates our employees and strengthens our relationships with our members,” Rick Gordon, chairman and president of Tri-State, said in a statement. “This combined with his deep industry knowledge and passion for the cooperative business model makes Mike uniquely qualified to lead Tri-State into the future.”

McInnes previously served as senior vice president of production at Tri-State and was a key member of the G&T’s executive management team with responsibility for the day-to-day oversight and operation of Tri-State’s power production resources, including approximately 2,800 megawatts of coal and natural gas generation, owned and operated coal mines, and land and water resources throughout a five-state area. McInnes has a broad background in the electric cooperative industry and has served in various capacities at Tri-State. From 2000 to 2008, he had responsibility for budget, environmental, risk management, safety, security, human resources, supply chain and procurement functions.

"I'm honored by the board’s support and grateful for the opportunity to lead this outstanding association’s talented and dedicated employees," McInnes said in a statement. "I’m humbled by the responsibility Tri-State has to deliver to our members the affordable and reliable electricity that is essential to the rural way of life, and I’m confident we can move forward to meet the challenges facing our association and industry."

Tri-State Generation and Transmission Association, Inc., is the not-for-profit wholesale power supplier to 44 electric cooperatives and public power districts serving approximately 1.5 million consumers throughout a 200,000-square-mile service territory across Colorado, Nebraska, New Mexico and Wyoming.

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