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Index: Economy / Subcategory: Business

Larimer County Employers

Date posted: 08/27/2007

Major Employers, in the context of this measure page, are those establishments in Larimer County that employ the largest number of people. Requests for employment numbers were made directly to each establishment. Responses ranged from an exact number or a refusal, to a range of numbers or a state-wide total. Hence, it must be noted that the process of determining who the major employers are is not an exact science, and the numbers provided should be taken as approximations, not exact counts.

Data for the remaining charts are from the United States Census Bureau's County Business Patterns (CBP), a series that provides state and local economic data by industry (NAICS). Some NAICS industries are excluded. CBP's employee count consists of those who are on the payroll in the pay period including March 12; therefore employment numbers by industry on this page may not match data presented on the Employment and Average Wages by Industry Compass page, which presents annual average data. Additionally, data are released annually; however, because it is a composite of several sources, the data are two years behind the current year.

What this chart shows: Major Employers by Employee Count, Larimer County, 2007

Major Employers by Employee Count, Larimer County, 2007

Data Source: Northern Colorado Economic Development Corporation , 2007 Fact Sheet

See data table

What these data tell us:

Seven of the ten largest employers in Larimer County are involved in education, health services, or local government. Colorado State University, the largest employer, had 7,945 regular faculty and staff, as well as 4,700 student workers (graduate teachers, researchers, and other student employees) who are not counted as regular employees. Hewlett-Packard (HP), ranked fourth largest employer, has been in Larimer County since 1960, when HP established its second United States manufacturing plant in Loveland.

As stated earlier, these numbers are approximations. Employee counts are fluid throughout the year for various reasons such as retirement, whether school is in session or not, and the use of temporary and seasonal labor. Additionally, the definition of 'employee' has an impact on the numbers given by the employers. For example, in the data table below, Poudre Valley Health System (PVHS) shows a drop and gain of over 1,700 employees between 2002 and 2004. When the Northern Colorado Economic Development Corporation collected data in 2003, PVHS's 'full-time equivalent' employees were excluded. The inclusion of temporary student employees raised Colorado State University's employee count for 2003, as did seasonal hourly workers for the City of Fort Collins in the same period. Poudre School District was contacted early in June 2004, while school was still in session; hence their employee count included part-time aids and temporary hourly workers.

What this chart shows: Businesses Employing less than 10 Persons, United States, Colorado, Larimer County, 2001-2005

Businesses Employing less than 10 Persons, United States, Colorado, Larimer County, 2001-2005

Data Source: United States Census Bureau, County Business Patterns, Number of Establishments by Employment-Size Class

See data table

What these data tell us:

The national percentage of businesses employing less than ten persons was a consistent 73% during the five years between 2001 and 2005. Colorado and Larimer County percentages were slightly higher than the national percentage during the same period.

What this chart shows: Employers by Size (Number of Employees), Larimer County, 2005

Employers by Size (Number of Employees), Larimer County, 2005

Data Source: United States Census Bureau, County Business Patterns, Number of Establishments by Employment-Size Class

See data table

What these data tell us:

Businesses with up to four employees accounted for 58% of all establishments in Larimer County in 2005. Ninety-nine percent (99%) of Larimer County business establishments had fewer than 100 employees, which mirrored Colorado (98%) and the nation (98%) during the same period.

What this table shows: Establishment & Employee Count by Industry (NAICS), Larimer County, 2005

Industry Code Description

Number of Employees

Number of Establishments

Forestry, fishing, hunting, and agriculture support

64

19

Mining

312

29

Utilities

186

10

Construction

9,011

1,259

Manufacturing

12,161

417

Wholesale trade

6,063

346

Retail trade

15,506

1,272

Transportation & warehousing

2,682

171

Information

2,475

160

Finance & insurance

3,550

534

Real estate, rental & leasing

1,981

528

Professional, scientific & technical services

8,473

1,218

Management of companies & enterprises

814

28

Admin, support, waste mgt, remediation services

7,221

508

Educational services

1,819

107

Health care and social assistance

12,962

839

Arts, entertainment & recreation

1, 647

159

Accommodation & food services

13,070

778

Other services (except public administration)

4,547

738

Unclassified establishments

38

18

Data Source: United States Census Bureau, County Business Patterns

What these data tell us:

In 2005, Larimer County's Retail sector employed the most people (15,506). The Accommodations & Food Services sector had the second highest employment numbers at 13,070 with Health Care & Social Assistance a close third at 12,962. The Manufacturing sector ranked second in the number of people employed until 2002, when the number of workers fell below 12,000 for the first time. In 2005, that sector ranked fourth with 12,161 employees.

The Retail sector also had the largest number of establishments (1,272) in 2005. The Construction industry had the second highest number of establishments at 1,259 and the Professional, Scientific & Technical Services sector came in third for number of businesses in the County (1,218).

The predominance of the Retail sector in the number of establishments and the number of employees is reflected in statewide numbers as well, with 19,208 Colorado retail businesses employing 249,433 people in 2005. Retail business accounted for 15% of the employees and 14% of all establishments in Larimer County, compared to 13% of employees and establishments statewide.

Please note that the County Business Pattern's employee count consists of those who are on the payroll in the pay period including March 12; therefore employment numbers by industry on this page may not match data presented on the Employment and Average Wages by Industry Compass page, which presents annual average data.

Additional Information:

On Compass-

Outside Compass-

Additional Definitions:

County Business Patterns data are extracted from the Business Register, the Census Bureau's file of all known single and multi-establishment companies. The annual Company Organization Survey and quinquennial (five year) Economic Censuses provide individual establishment data for multi-location firms. Data for single-location firms are obtained from various programs conducted by the Census Bureau, such as the Economic Censuses, the Annual Survey of Manufactures, and Current Business Surveys. Additional data are obtained from the Internal Revenue Service (IRS), the Social Security Administration (SSA), and the Bureau of Labor Statistics (BLS).

County Business Patterns covers all NAICS industries except crop and animal production (NAICS 111,112), rail transportation (NAICS 482), Postal Service (NAICS 491), pension, health, welfare, and vacation funds (NAICS 525110, 525120, 525190), trusts, estates, and agency accounts (NAICS 525920), private households (NAICS 814), and public administration (NAICS 92).

For more information, see the Census website for County Business Patterns.

The North American Industry Classification System (NAICS) replaced the United States Standard Industrial Classification (SIC) system in 2001. There are 350 new industries separately recognized for the first time, and 10 new sectors added for clearer definition: businesses that use similar production processes are grouped together. NAICS was developed jointly by the United States, Canada, and Mexico to provide new comparability in statistics about business activity across North America (United States Census Bureau).

Full-time equivalent employment is a computed statistic representing the number of full-time employees that could have been employed if the reported number of hours worked by part-time employees had been worked by full-time employees.

Data Tables:

Major Employers by Employee Count, Larimer County, 2002-2007

Employers in Larimer County

Number of Employees

2002

2003

2004

2006*

2007

Platte River Power Authority

197

n/a

190

n/a

n/a

The Coloradoan

237

n/a

230

n/a

n/a

LSI Logic

283

341

290

341

n/a

First National Bank

356

367

355

367

487

US Postal Service

n/a

412

438

412

412

Waterpik Technologies

550

585

460

585

n/a

Front Range Community College

595

481

480

481

481

Celestica

500

650

650

n/a

n/a

City of Loveland

n/a

890

678

890

643

Anheuser-Busch

740

760

743

760

760

Hach Chemical Company

n/a

550

793

550

900

Advanced Energy

775

825

800

825

594

Woodward Governor

575

650

800

650

1,200

Wal-Mart Super Center

600

909

900

909

n/a

McKee Medical Center

n/a

950

950

950

950

Larimer County

1,700

1,467

1,394

1,467

1,500

City of Fort Collins

1,400

1,864

1,400

1,864

1,884

Thompson School District

n/a

1,888

2,000

1,888

1,890

Agilent Technologies

1,850

2,454

2,800

2,800

2,800

Poudre Valley Health System

2,610

861

2,800

3,020

3,488

Hewlett-Packard

3,000

3,182

3,000

3,182

3,250

Poudre R-1 School District

3,014

3,014

3,732

3,014

3,325

Colorado State University

6,950

7,945

6,948

6,948

7,945

n/a - not available

*2005 data are not available

See chart

Businesses Employing less than 10 Persons, United States, Colorado, Larimer County, 2000 - 2005

United States

Colorado

Larimer County

Number

% of Total

Number

% of Total

Number

% of Total

2000

5,173,211

73.1708

103,982

75.6079

6,084

75.8887

2001

5,185,350

73.0814

104,800

75.2738

6,191

75.8701

2002

5,285,715

73.4048

107,917

75.8659

6,517

76.6705

2003

5,320,242

73.3346

109,881

76.3332

6,680

77.0295

2004

5,425,755

73.4429

113,050

76.7408

6,832

76.8677

2005

5,530,562

73.7438

116,354

77.0199

7,019

76.8111

See chart

Number of Establishments by Size (Under 100 Employees) by Industry (NAICS), Larimer County, 2005

Industry Code Description

Number of Employees

1-4

5-9

10-19

20-49

50-99

Forestry, fishing, hunting, and agriculture support

14

4

1

0

0

Mining

15

6

3

4

1

Utilities

6

1

1

0

2

Construction

862

188

112

70

16

Manufacturing

197

81

50

47

21

Wholesale trade

199

57

51

24

9

Retail trade

568

372

189

82

36

Transportation & warehousing

113

18

20

11

5

Information

89

25

21

12

9

Finance & insurance

359

101

41

22

7

Real estate, rental & leasing

393

83

37

15

0

Professional, scientific & technical services

888

163

94

56

14

Management of companies & enterprises

12

3

3

5

2

Admin, support, waste mgt, remediation services

311

70

58

34

20

Educational services

59

16

14

8

7

Health care and social assistance

430

186

113

69

24

Arts, entertainment & recreation

97

30

12

10

7

Accommodation & food services

254

133

157

186

35

Other services (except public administration)

444

154

100

33

6

Auxiliaries (exc corporate, subsidiary & regional mgt)

15

3

0

0

0

Unclassified establishments

14

4

1

0

0

See chart

Number of Establishments by Size (100+ Employees) by Industry (NAICS), Larimer County, 2005

Industry Code Description

Number of Employees

100-249

250-499

500-999

1000+

Forestry, fishing, hunting, and agriculture support

0

0

0

0

Mining

0

0

0

0

Utilities

0

0

0

0

Construction

10

1

0

0

Manufacturing

13

1

7

0

Wholesale trade

4

0

1

1

Retail trade

23

1

1

0

Transportation & warehousing

2

1

1

0

Information

3

1

0

0

Finance & insurance

4

0

0

0

Real estate, rental & leasing

0

0

0

0

Professional, scientific & technical services

2

0

0

1

Management of companies & enterprises

3

0

0

0

Admin, support, waste mgt, remediation services

12

1

2

0

Educational services

2

1

0

0

Health care and social assistance

14

1

1

1

Arts, entertainment & recreation

3

0

0

0

Accommodation & food services

13

0

0

0

Other services (except public administration)

1

0

0

0

Auxiliaries (exc corporate, subsidiary & regional mgt)

0

0

0

0

Unclassified establishments

0

0

0

0

See chart