Economy & Economic Development  January 12, 2016

U.S. Engineering buys Johnstown building, plans relocation of Loveland plant

JOHNSTOWN — U.S. Engineering Co. has purchased a 110,000-square-foot industrial building in the I-25 Gateway Center in Johnstown for $7.7 million, where it will relocate a fabrication plant that it currently operates in Loveland.

USE Real Estate Holdings, a division of U.S. Engineering based in Kansas City, Mo., bought the property at 390 Mountain View Road from Houston-based Civeo USA MFG LLC, according to public records. The building is in Weld County, but it has a Berthoud mailing address.

The I-25 Gateway Center is located at the northwest corner of Interstate 25 and Colorado Highway 60.

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Civeo, which changed its name from PTI USA Manufacturing Inc. in 2014, occupied the building before ending operations there in early 2015, where it had been building modular housing for oil and gas camps in the region. PTI USA Manufacturing had purchased the building in 2011 for $5 million, according to public records.

U.S. Engineering Co. officials could not be reached for comment, but in December relocated its Rocky Mountain Region office to Westminster near 120th Avenue and Interstate 25. In relocating, U.S. Engineering Co. consolidated its three offices in Colorado. U.S. Engineering has put its property at 729 Eighth St. in Loveland on the market, with a list price of $4.5 million.

“We’ve been in Colorado since 1967, and we’re very proud of what we’ve been able to contribute to our local communities over the past five decades,” said Tyler Nottberg, chief executive for U.S. Engineering, when the company announced its new regional headquarters in Westminster. “We’re also excited about what the future holds, and these investments reflect that,” he said in a prepared statement.

Established in 1893 in Kansas City, U.S. Engineering is a mechanical contractor with regional locations in Kansas City and in the Denver area. As a design-build mechanical contractor, the company offers construction and maintenance services covering HVAC, plumbing, hydronic piping, process piping, site utilities, piping/plumbing fabrication and sheet metal fabrication.

JOHNSTOWN — U.S. Engineering Co. has purchased a 110,000-square-foot industrial building in the I-25 Gateway Center in Johnstown for $7.7 million, where it will relocate a fabrication plant that it currently operates in Loveland.

USE Real Estate Holdings, a division of U.S. Engineering based in Kansas City, Mo., bought the property at 390 Mountain View Road from Houston-based Civeo USA MFG LLC, according to public records. The building is in Weld County, but it has a Berthoud mailing address.

The I-25 Gateway Center is located at the northwest corner of Interstate 25 and Colorado Highway 60.

Civeo, which changed its name from PTI…

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