TIC Holdings to complete transition out of Steamboat by end of 2013

Advertisement

— TIC Holdings, the national contracting firm that was founded in Steamboat Springs in 1974, will move its Steamboat personnel and operations to the Front Range by the end of 2013.

In a meeting Wednesday morning in Steamboat, company President and CEO Terry Carlsgaard told about 124 of TIC’s remaining local employees that the transfer of positions to the firm’s Englewood offices will continue through the fall and winter.

“As the company has grown ... we have come to realize that our needs for future development can be better met by locating in a city with greater access to regional and national air transportation, more affordable housing for an expanding employee population and other amenities required by a company of our size and scope,” Carlsgaard said in a news release issued Wednesday.

The transition of Steamboat employees has been ongoing for some time, but as recently as February, company spokesman Gary Bennett had said TIC would maintain its presence here even as further transfers took place. More than 100 local employees have been transferred elsewhere since 2005, according to the news release.

“As a business decision, it makes sense to get everyone under one roof, so to speak,” Bennett said Wednesday about the move. He said the company employs a number of people who have been based out of the Denver area for some time.

TIC Holdings was acquired by Kiewit in December 2008.

The news release stated the largest transfer of employees will take place in spring and summer 2013.

The TIC training facility that employs 11 people also will be moved to Denver, the release stated. The company expects the training facility transfer to take about 18 months but doesn’t have a location selected. The company’s 29 acres and about 86,000 square feet of building space in Steamboat is expected to be closed and ready to put on the market by April 2014, according to the release.

Bennett said some of the 124 men and women currently employed in Steamboat travel frequently while others are in office positions, but all have Steamboat as their base of operations.

The 124 TIC employees who call Steamboat home impact the area in a number of ways. For example, the employees who traveled frequently utilized Yampa Valley Regional Airport flights year-round. And TIC was one of only four large employers in the area to offer a full corporate match program for Routt County United Way, providing about $55,000 and 11 percent of the nonprofit’s fundraising total last year alone, according to Kelly Stanford, executive director of Routt County United Way.

“We’ll see the ripple effect of those lost wages,” said Tom Kern, CEO of the Steamboat Springs Chamber Resort Association.

“You’re going to see this gradual decline of its presence in the community,” Kern said, noting the drawdown has been ongoing. “It’s a slow process.”

Kern said the community has understood for some time that this was going to happen, and it understands there is nothing it can do about it except look forward.

Steamboat Springs City Manager Jon Roberts said the city approached TIC and Kewitt to ask if there was anything the city could do to persuade the company to stay. But “there were much bigger factors” than just Steamboat, Roberts said. “It’s a global economy.”

Roberts said the city will continue to engage in attracting businesses to Steamboat. The city streamlined its development process, he said, and continues to make sure that it’s a business-friendly environment.

Kern gave examples of other sectors that are growing in Steamboat, such as outdoor recreation-based companies. “Hopefully it can grow to replace” the jobs lost with TIC, he said.

While he acknowledged that issues such as air service, transportation and housing are sticking points for businesses looking at Steamboat, Kern said those also were priorities mentioned at last week’s Economic Summit that will receive attention going forward.

“I don’t think we’ll see revolutionary changes in near future,” he said. “But over time, we can make some improvements in those.”

“There’s always going to be a higher cost to operate out of a remote mountain community. The quality of life that we can provide those companies and their employees somewhat offsets those costs and is part of the mountain lifestyle,” Kern said.

Click here to read the full text of TIC's news release.

To reach Michael Schrantz, call 970-871-4206 or email mschrantz@SteamboatToday.com

Comments

walt jones 1 year, 11 months ago

Sad to see this but it was inevitable. Lots of tax dollars leaving the community. The City should be commenting about this soon.

0

rhys jones 1 year, 11 months ago

Possible location for a new police/fire facility?

0

Fred Duckels 1 year, 11 months ago

Good private jobs are at a premium and there seems little upside here. Sad to see this day come.

0

Steve Lewis 1 year, 11 months ago

Trying to be constructive, the release is instructional, and a lesson on what other companies need to find here as well. We tried to solve some of these issues: air transportation and affordable housing.

Did we solve them?

0

Scott Wedel 1 year, 10 months ago

The company’s 29 acres and about 86,000 square feet of building space

Well, that is going to be quite an opportunity for redevelopment of that site.

I wouldn't be surprised if Walmart and other major retailers start asking about big box retail. Or with that location and 29 acres that could be quite an apt complex with ready access to transportation.

This is where city zoning becomes important because we don't want a situation where someone would have a good use that would be a big struggle to get approved. City should make sure that if Target wants to locate there and city would want a major retailer then that is allowed without undue difficulty getting approved.

0

walt jones 1 year, 10 months ago

That intersection (40 & 129) would need a major overhaul if a retail center or apartment complex went in there. It's already long back up at 5pm during off season.

0

John Weibel 1 year, 10 months ago

It really does not take much to fix the intersection, adding two lanes to get through the light East-West and a turn signal for North-South traffic to harmonize those signals would really be all that is needed.

0

jerry carlton 1 year, 10 months ago

I would not hold my breath waiting on the city to let a big box store build here.

0

Nora Matteo 1 year, 10 months ago

Sad to see the jobs go. Hope the people can find a way to stay. But what a prime opportunity for the police and fire to appropriate adequate space, right in the middle of things.

0

Scott Wedel 1 year, 10 months ago

29 acres is way more than what is needed for fire and police stations. Plus, I'm sure that city would say that existing buildings need to be remodeled to be usable and so it'd be cheaper to bulldoze and rebuild from scratch.

This city likes to posture against big box, but it also loves its sales tax revenues. City might complain about big box, but it sure would be unhappy if a store didn't come here.

0

Dan Hill 1 year, 10 months ago

@Melanie - I agree. they seem to have a very 20th century management philosophy with their focus on "getting everyone under one roof". I'm sure there are excellent people who stayed with TIC because they wanted to live in the Boat - come the next boom TIC might discover these people suddenly working for their competitors

@Lewi - well the recession solved the affordable housing problem. As for air service, I'll say it for the hundredth time. From a location neutral worker / business perspective we need year round frequency of service. Flying to Denver this time of year and waiting four hours for a connection doesn't cut it. Right now we're subisiding the air services that work best for ski corp, not necessarily the air services that work best for the total valley economy.

0

jerry carlton 1 year, 10 months ago

Scott Based on your comment, how many Big Box stores are currently in Steamboat?

0

Requires free registration

Posting comments requires a free account and verification.