Month: May 2026

PEDCO President & CEO Jeff Shaw Announces Resignation After Years of Service to Pueblo Economic Development

PEDCO President & CEO Jeff Shaw Announces Resignation After Years of Service to Pueblo Economic Development

PUEBLO, CO — May 22, 2026 – Jeff Shaw, President & CEO of the Pueblo Economic Development Corporation (PEDCO), has submitted his letter of resignation to the PEDCO Board of Directors after accepting an economic development position in Texas. Shaw’s final day with PEDCO will be June 14.

Shaw has been actively involved with PEDCO for more than 25 years, including eight years of service on the Board of Directors and serving as Board Chair in 2008. He was appointed President & CEO in 2015.

During his tenure as President & CEO, PEDCO helped attract, expand, and retain roughly 2,000 primary jobs with companies that continue to do business in Pueblo. Those projects include United Launch Alliance, Coronado Stone, Vestas and Big R expansions, CR Minerals attraction and expansion, Grady’s expansion, Pewag, Evraz Steel Mill retention, TCCI/MxV Rail, Ecological Materials, Fomcore, and Trussworks.

“Jeff’s professionalism, knowledge, institutional recall, and ability to connect with PEDCO prospects and help them navigate complicated issues will be deeply missed,” said current PEDCO Board Chair Bob Leach. “His departure leaves a significant hole in our organization and in this community, but we are grateful for his years of service and the positive impact he has made on both PEDCO and Pueblo. We wish Jeff and his family the very best in this next chapter.”

Shaw said his time with PEDCO has been meaningful because of the people and partnerships behind the work.

“It has been an honor and privilege to be part of PEDCO and to work alongside so many great leaders in this community, both within PEDCO and across our partner organizations,” said Shaw. “The work of PEDCO depends on a strong team. I have full confidence in the PEDCO Board, staff, membership, and community partners to keep current and future projects moving forward. The mission of PEDCO to attract, expand, and retain primary jobs in Pueblo County will continue.”

PEDCO’s Next Chapter

As PEDCO prepares for this leadership transition, the Board of Directors will take the opportunity to evaluate how the organization continues strengthening its role in Pueblo’s economic development landscape.

The Board intends to review PEDCO’s current priorities, organizational structure, and opportunities to better support business attraction, expansion, retention, and primary job growth in Pueblo County. This transition provides an opportunity to build on PEDCO’s decades of work while also looking ahead at how the organization can continue adapting to the needs of employers, site selectors, investors, local businesses, and community partners.

PEDCO remains committed to its core mission of advancing primary job growth and supporting economic opportunities that strengthen Pueblo’s long-term competitiveness.

“The work does not stop with a leadership change,” Leach said. “PEDCO has active projects, strong partners, and an important mission. This is a moment to honor Jeff’s contributions while also looking carefully and positively at how PEDCO can continue serving Pueblo’s business community and economic future.”

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Contact:  Jeff Shaw, 719-544-2000, jshaw@pedco.org

 

PEDCO Awarded Market Study Grant through the Colorado CHIPS Community Support Program

PEDCO is excited to share that we have been awarded a $50,000 Market Study Grant through the Colorado CHIPS Community Support Program led by the Colorado Office of Economic Development and International Trade.

At the same time, PuebloPlex was awarded a companion Marketing Grant focused on elevating awareness of Pueblo Plex’s assets and opportunities to semiconductor and advanced industry stakeholders outside of Colorado.

Together, these efforts create a powerful opportunity to both evaluate and promote Pueblo’s potential in the advanced industry sector.

PEDCO’s Market Study Grant will support a comprehensive analysis focused on identifying opportunities to grow semiconductor and advanced industry in Pueblo County, including collaboration with PuebloPlex. The study will evaluate key factors that matter to advanced industry growth, including:
• Infrastructure and utility capacity
• Workforce and education assets
• Industrial sites and community readiness
• Existing industry strengths
• Opportunities for future investment and development

Meanwhile, PuebloPlex’s Marketing Grant will help showcase the unique community and site assets that position PuebloPlex as a competitive location for future semiconductor and advanced industry investment.

These efforts are part of Colorado’s broader initiative to strengthen the state’s semiconductor and advanced industry ecosystem, and we are excited to work alongside regional partners, industry stakeholders, and the community to help position Pueblo for future opportunities in these high-demand, high-wage sectors.

We’re looking forward to working with regional partners, industry stakeholders, and the community to identify the best long-term strategy for Pueblo’s future.

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