News Roundup: City to Mountain

News Roundup: Gondola Gallery

California Mountain Resorts Company Acquires Bear Valley

Canadian-Israeli investment firm Skyline has sold Bear Valley, its last remaining ski resort holding. The buyer is Invision Capital-backed California Mountain Resorts Company, the group behind Mountain High, Dodge Ridge and China Peak. CMRC CEO Karl Kapuscinski and President Tim Cohee have been pursuing Bear Valley for some time because it adds to a compelling group of California resorts up and down the Sierra Nevada range. Bear Valley will immediately join the multi-mountain Cali Pass but not the Indy Pass, which other CMRC mountains participate in. Tim Schimke, whose grandfather helped develop Bear Valley, will remain General Manager.

Located in the central Sierra, Bear Valley spans 1,680 acres with a 1,900 foot vertical drop. The mountain’s seven chairlifts range in age and capacity from 1967 Riblet doubles to the Mokelumne Express, a 2017 Leitner-Poma six pack. California Mountain Resorts Company has been actively consolidating and upgrading lifts at Dodge Ridge and China Peak and will likely undertake similar efforts at Bear Valley. Perhaps the biggest capital opportunity lies on the backside of the mountain, where a long-envisioned detachable lift could connect Bear Valley Village with the mountain’s summit. This area is currently skiable but with no return lift service. A shuttle bus runs skiers back up the mountain but costs extra on top of a lift ticket.

CMRC already unveiled a new logo for Bear Valley and indicated more improvements are coming. “The journey ahead is riddled with challenges, but I am optimistic, noted CMRC president Tim Cohee in a press release. “With the dedication of our team and Tim’s unparalleled leadership, we are poised to meet and surpass these challenges. Our goal remains steadfast: to revive and amplify the Bear Valley legacy for one and all.”

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Leitner-Poma Breaks Ground on Utah Factory

Elected officials joined Leitner-Poma of America yesterday in Tooele, Utah to turn the first dirt for what will become the company’s largest North American facility. The 130,000 square foot campus will complement an existing 100,000 square foot factory in Grand Junction, Colorado opened in 2007. Leitner-Poma subsidiary Skytrac Lifts will move from leased space near the Salt Lake City airport to Tooele. The state-of-the-art facility will allow the firms, which are owned by HTI Group of Italy, to increase production and expand headcount up to 120 employees, with further growth possible in additional phases of the project. In addition to Skytrac and Leitner-Poma production, the building will also house a parts warehouse and offices for HTI snowmaking brand DemacLenko and HTI grooming brand Prinoth. All told HTI plans to invest $27 million in Tooele.

When the new facility opens in May 2024, LPOA and Skytrac will manufacture 85 to 90 percent of lift equipment for the North American market in the United States. “Today, we are thrilled to mark a new era of our company here in Tooele,” said Daren Cole, president of LPOA. “We are really invested in the State of Utah and the resort industry. We are focused on Made in America here in Utah and the U.S.” He noted Leitner-Poma’s primary competitor imports much of its equipment from Europe. Leitner-Poma is Italian-owned but offers a largely North American-designed and manufactured product line.

The Tooele facility will support not only the ski industry but also future projects for amusement parks and urban transit. “We want to welcome Leitner-Poma to the fastest growing county in the fastest growing state in the nation,” said Utah Lieutenant Governor Diedre Henderson. “Here in the heart of Utah’s industrial landscape our partnership with Leitner-Poma will pave the way for groundbreaking new developments in the transportation industry with its cutting edge new manufacturing facility.”

Leitner-Poma plans to install solar panels and a 250 kilowatt wind turbine from fellow HTI brand Leitwind to provide 100 percent of the factory’s energy needs.

Mountain Capital Partners to Reopen Sandia Peak


New Mexico’s Sandia Peak will become the 12th ski area in Mountain Capital Partners’ fast-growing resort collective. Closed since 2021 and located near Albuquerque, Sandia Peak features three double chairs operated by the Abruzzo Family for decades. Under a joint venture agreement announced today, the Abruzzos will continue to run the Sandia Peak Tramway and restaurant while MCP will operate the ski hill. “Skiing in the Southwest offers unique challenges that have been amplified over the last several years,” noted Sandia Peak General Manager Ben Abruzzo. “This partnership will help address those challenges and provide a future for skiing in Albuquerque,” Abruzzo continued. In addition to the tram, the Abruzzo family will continue to own and manage Ski Santa Fe in Northern New Mexico.

Sandia Peak is MCP’s fourth new mountain in two years. In April the company acquired Lee Canyon, Nevada from Powdr and quickly began work on a new chairlift. Earlier this year MCP acquired a majority stake and assumed operation of Valle Nevado in Chile. Prior to that, Mountain Capital Partners reached a joint venture to operate Oregon’s Willamette Pass Ski Area. MCP also operates two other New Mexico ski areas, resorts in Arizona, Colorado and Utah as well as a lift-served bike park near Austin, Texas. “The foundations of our company were built on the lessons we learned from skiers and snowboarders in New Mexico,” said James Coleman, managing partner of Mountain Capital Partners. “Sandia Peak presents an incredible opportunity for us to bring the best practices we’ve learned for the benefit of Albuquerque and visitors from around the region.”

The reopening timeline for Sandia Peak’s ski operations has not been determined. When it does welcome skiers back, Sandia will join the Power Pass family of season passes.

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