A series of droughts, attacks of blight and finally a killer freeze destroyed the industry. In the late 20th century, the economy diversified with the arrival of manufacturing facilities by Hewlett-Packard, Teledyne, and Hach, a water quality analysis equipment manufacturer.
A new medical center has added a substantial amount of employment in that sector as well.
In 1901 the Great Western Sugar Company built a factory in Loveland, which remained as a source of employment until its closure in 1977.Loveland has aggressively expanded its incorporated limits eastward to embrace the interchange of Interstate 25 and U. A new medical center and mall have also been built on the Interstate 25 and U. Louis, the buildings of which were moved to the site of Loveland.For the first half of the 20th century the town was dependent on agriculture.This flood is often compared to the Big Thompson Flood of 1976. Loveland, is not located near the town of Loveland.It also being called a 500-year flood.) (3.68%) is water. Loveland has a semi-arid climate (Köppen climate classification BSk).