GRAND JUNCTION — More than 300 employees of Capco Inc. were expected to return to work today after they were sent home Wednesday when federal agents searched the building belonging to the Grand Junction-based Department of Defense contractor.
According to a report in the Grand Junction Sentinel, no arrests were expected immediately in the case, which arose out of a sealed court record, said Jeff Dorschner, spokesman for the U.S. Attorney’s Office in Denver. No other details about the case will be released, Dorschner said.
A Capco official said the company, located at 1328 Winters Ave., was working with investigators.
“We are cooperating fully with the investigation and we intend to provide the same level of transparency and communication that has earned Capco a stellar reputation in the defense community,” said Chief Executive Officer Cordell Bennigson said in a statement.
Capco, according to Bloomberg.com research, had won military contracts worth $60 million just this month. It also won a $2.1 million contract in February. The company’s website shows that among its product lines are machine gun mounts and grenade launchers.
Capco is a 46-year-old company and in 2015 won the state’s Manufacturer of the Year award from the Colorado
GRAND JUNCTION — More than 300 employees of Capco Inc. were expected to return to work today after they were sent home Wednesday when federal agents searched the building belonging to the Grand Junction-based Department of Defense contractor.
According to a report in the Grand Junction Sentinel, no arrests were expected immediately in the case, which arose out of a sealed court record, said Jeff Dorschner, spokesman for the U.S. Attorney’s Office in Denver. No other details about the case will be released, Dorschner said.
A Capco official said the company, located at 1328 Winters Ave., was working with investigators.
“We are cooperating fully with the investigation and we intend to provide the same level of transparency and communication that has earned Capco a stellar reputation in the defense community,” said Chief Executive Officer Cordell Bennigson said in a statement.
Capco, according to Bloomberg.com research, had won military contracts worth $60 million just this month. It also won a $2.1 million contract in February. The company’s website shows that among its product lines are machine gun mounts and grenade launchers.
Capco is a 46-year-old company and in 2015 won the state’s Manufacturer of the Year award from the Colorado
…
This article has been intentionally blurred.
You must purchase a subscription to view the rest of this content.
Want to See More!?
OR
Start your subscription to BizWest, The Business Journal of the Boulder Valley and Northern Colorado, TODAY!
Online access PLUS print versions of all Bizwest publications
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-month subscription to BizWest & all of the publications in print version.
Online access for one year.
One month subscription includes:
- 1-month online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
Online and print versions of all Bizwest publications PLUS premium access to BizWest Datastore for one year.
One year subscription includes:
- 1-year online access to BizWest.com which includes unlimited news stories, archived story access and interactive versions of monthly business journal.
- 1-year subscription to BizWest & all of the publications in print version.
- 1-year premium online access to unlimited downloads from the BizWest Datastore!
- 1-year premium online access to the ALL NEW Breaking Ground website!
