May 1, 1997

Entrepreneurs breathe new life into defunct firms

It always happens.

Economic losses, no matter their scale, have a habit of turning into opportunities, at least in the minds of entrepreneurs. Such seems to be the case with the pending resurrection of two defunct local companies, or at least the rebirth of significant aspects of their business.

First, former employees of Summit Biotechnology are purchasing rights to that trade name from Omaha-based ConAgra. ConAgra closed the operation last year as part of a nationwide divestiture of nonfood-related ventures. The new owners are incorporating Summit Biotechnology Inc. and hope to continue its work of producing fetal bovine serum and supplying…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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