For more than 60 years, the Loveland Business Partnership has worked alongside the business community, city leaders and educators to create, fund and lead initiatives that boost Loveland’s economic development. Earlier this week, we joined the Ribbon Cutting Ceremony and 70th Anniversary Celebration in honor of Hach’s newest manufacturing and Research & Development building. The two-story building will include an advanced R&D workspace, including testing and research labs for the design and manufacture of the high-tech water-testing equipment.
Several of our board members were on site to visit with the Hach team, legislators including Congressman Jared Polis and Representative Hugh McKean. The LBP board of directors presented Hach with a $50,000 check to go toward its $25 million dollar expansion. LBP’s contribution was part of an overall incentive package which included contributions by the City of Loveland, Larimer County, the Colorado Office of Economic Development and International Trade and the office of the governor. The incentive supports Hach’s expansion of facilities and creation of new jobs in Loveland. To date, Hach has 750 employees at the campus and will move 50 employees there who have been working off-site according to the Reporter Herald. The company has added more than 80 jobs with this incentive.
According to BizWest, “The Hachs moved their headquarters to Loveland in 1978. After Cliff’s death in 1990, Kitty was the company’s sole CEO, and Hach Co.was the largest woman-operated business in the state. It had annual sales in excess of $100 million, according to the Chemical Heritage Foundation. Hach Co. was sold to the Danaher Corp. in 1999 for $355 million. Before retirement, Kitty guided the company to its status as a $313 million global leader in water-purification technology. She also was the first woman director of the American Water Works Association.” Read the complete article here.
Learn more about Hach and their commitment to water analysis and help congratulate them on their 70th anniversary.
Photo credits from left to right Steve Adams, Loveland City Manager; Hugh McKean, State District 51 Representative; Jared Polis, Congressman for Colorado 2nd District; Hach Finance Manager Will Bebber; Dan Mills, LBP President; Kelly Jones, City of Loveland Economic Development Director, Doug Rutledge, LBP member; Diana Precht, LBP member; Blaine Rappe, LBP member