The Video Station gets new owners

BOULDER ? The Video Station, a 28th Street fixture in Boulder, has been sold for an undisclosed price to two employees of the Virgin Megastore in Denver.

The new owners, Bruce Shamma and Sheri LaPres, will take over the 20-year-old video rental outlet on July 1. Shamma said they don’t plan to make any immediate changes to the 20-person staff or to the vast selection of videos that The Video Station carries. As part of the terms of the sale, the name of the store will remain the same.

Scott Woodland and Ivory Curtis, who have co-owned the store since its inception, said they were careful about who they chose as new owners, avoiding big video chains such as Blockbuster. No reason was given for selling the store.

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As Mental Health Awareness Month unfolds in Colorado, it serves as a reminder of the collective responsibility to prioritize mental well-being.

?We’re very particular about who we turn this over to. We’ve had many offers from the chains, but we would never do that,? Woodland said. ?We have a desire to keep the store the same, not to deplete sections because of moral reasons.?

The Video Station is known for carrying hard-to-obtain movie titles in various eclectic genres, including foreign and cult classic films. The store also has an extensive selection of adult fare.

Shamma said he and LaPres had been looking to acquire an independent video store for a while. ?There is a trove of old titles at The Video Station,? Shamma said. ?That is one of the reasons we are here.?

KPMG expanding Boulder office

BOULDER ? KPMG LLP will add 21 personnel to its office in Boulder as part of its agreement to hire accountants and partners from ailing Anderson LLP’s tax and auditing business. With 10 staff members and two partners currently at its office in Boulder, KPMG will nearly be tripling the size of the staff there. A local KPMG spokeswoman said the accounting firm had leased enough space at its Arapahoe Road office last year to accommodate the new hires.

The 21 Anderson employees heading to Boulder, one of whom is a partner, come from Anderson’s office in Broomfield. Earlier this month, KPMG agreed to hire 178 accountants and 12 partners from Anderson’s tax and auditing business in Denver.McData names new CEO

BROOMFIELD ? McData Corp. (Nasdaq: MCDT) has chosen John Kelley as its new president and chief executive officer. He will transfer from the position of president and chief operating officer Aug. 1 after being with the company for one year. He was previously executive vice president for Qwest Communications International, and president of Qwest Wholesale Markets.

McData co-founder and present CEO Jack McDonnell will remain chairman of the board and will continue to focus on the company’s long-term strategy and business development activities.StorageTek to move division

LOUISVILLE – Storage Technology Corp. of Louisville will outsource its card manufacturing to Sanmina-SCI Corp. Ninety-nine manufacturing jobs at StorageTek’s Colorado facilities will be eliminated. Twenty-three of those people will be offered jobs at Sanmina-SCI’s Longmont factory; the rest will be laid off with severance packages, the company said.

Sanmina-SCI will absorb work done at StorageTek facilities in Colorado and Puerto Rico into its existing operations, taking over new card building of printed circuit boards, new product introductions and various other manufacturing and repair services. Applied Films hires E&Y

LONGMONT ? Applied Films Corp. (Nasdaq:AFCO) has hired Ernst & Young LLC to serve as its independent public accountants, replacing Arthur Andersen LLP.

The audit committee of the board of directors conducted an in-depth review of the major public accounting firms before recommending Ernst & Young to the board.

Andersen has been convicted of the felony charge of obstruction of justice, for trying to block an investigation by the Securities and Exchange Commission into Enron Corp. financial disclosures by destroying documents related to the accounting firm’s audits.Open space director retires

BOULDER ? Jim Crain, co-director of the city of Boulder Open Space and Mountain Parks Department, has announced his retirement, effective July 15. Crain is retiring for health reasons.

Crain has worked for the city of Boulder since 1979, and served as director of open space and real estate from 1979 to 2001. In 2001, he was named co-director of open space and mountain parks when the two departments were consolidated.

Boulder City Manager Secrist said that due to budget considerations, no replacement for Crain will be hired. Co-director Mike Patton will become sole director of the department, saving the city approximately $155,000 annually.Yates and Associates acquired

BOULDER ? Lakewood-based collection agency Central Credit Corp. has purchased Yates and Associates, a collections agency in Boulder. No purchase price was disclosed. Central Credit will retain a presence at Yates’ old location at 1790 30th St. in Boulder, and the five employees there will keep their jobs. Central Credit provides check verification and recovery services specifically designed for the gaming industry, merchants and accounts receivable.

Central Credit also recently established a trust fund for the three children of Tamra White, a company employee who was murdered in her Hudson home in early June. White was to head the company’s new branch in Boulder. No replacement has yet been named. To donate to the trust fund, call (303) 989-6222. Noodles & Co. opens in Longmont LONGMONT ? Boulder-based Noodles & Co. has opened a quick-serve pasta restaurant chain in Longmont. The chain’s 45th restaurant occupies 2,500 square feet at 1087 S. Hover Street, two blocks south of Nelson Road.

The company opened its first store in Cherry Creek in 1995 and has restaurants in Colorado, Wisconsin, Illinois and Minnesota.