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ACCELERATION
• RevRoad, a Provo-based business accelerator, has hired Dave Myers as chief sales and talent officer. He will lead national and global sales efforts RevRoad portfolio companies. His efforts will include sales coaching and mentoring, sales team recruiting, developing sales channels and building strategic business bridges to drive growth. Myers will also lead the mentoring and talent departments. Myers has more than 22 years of sales management and leadership experience. He started his career as a public school teacher and went on to serve in several capacities at education publishing company Pearson. Most recently, Myers was area vice president at the edtech company Imagine Learning. He earned a master’s degree in education and a bachelor’s degree in Spanish from Brigham Young University. Myers succeeds Marc Liebman, who announced his retirement in early July.
BANKING
• Mountain America Credit Union has opened a new location at 3582 Pioneer Parkway, Santa Clara. The branch provides a wide range of financial products and services, including traditional savings, insurance, investments, auto and RV loans, and an array of mortgage loans and services. It is managed by Julius Aiono. He has seven years of experience in the banking industry and has been with Mountain America for five years.
CONSTRUCTION
• PrimeSource Building Products Inc. recently had a ceremony to mark the opening of a new distribution center at 6196 W. 300 S., Salt Lake City. PrimeSource is one of the largest purveyors of fasteners in the world and one of the largest distributors of building materials in North America. The company has 34 distribution centers and 1,200 employees across North America and the Caribbean.
• Van Boerum & Frank Associates Inc., a Salt Lake City-based consulting engineering firm, has promoted Bradley Welch to associate principal. A licensed professional engineer, Welch joined VBFA shortly after graduating from the University of Utah and has spent the last 15 years providing mechanical engineering design services and building commissioning services to the firm’s clients.
CONTESTS
• Applications are being accepted until 5 p.m. July 30 for the Utah Ethical Leadership Awards, which recognize Utah businesses, nonprofit organizations and government entities that “embody best practices in ethical behaviors.” One organization from each sector will be recognized with a Utah Ethical Leadership Award. There is no cost to enter or to win the award. A team of academics and experts will review the applications. Finalists will be announced in August, and the winners will be announced at the awards breakfast celebration Sept. 7 in the Bill and Pat Child Family Community Hall of the University of Utah David Eccles School of Business. The application form can be found at https://eccles.qualtrics.com/jfe/form/SV_6VxqwEsyCqNPpzf.
EDUCATION/TRAINING
• ChamberWest is accepting applications for its ChamberWest Leadership Institute, designed to challenge and engage leaders and professional and personal growth while inspiring an entrepreneurial spirit in building a better community. Applicants must complete an application to include a signature of support from their employer and commitment to attend all 10 sessions (one day per month). The program is limited to 20 participants and its kickoff event is Sept. 12-13. The cost is $895 before Aug. 15 for ChamberWest members, $995 after Aug. 15 and for ChamberWest nonmembers. Details are at www.chamberwest.com or by emailing chamber@chamberwest.org.
FINANCE
• Key Equipment Finance, an equipment finance company and an affiliate of KeyCorp, has named Jenna Lester as equipment finance officer of business banking. She will work with Key’s business banking team to support customer finance operations throughout Colorado and Utah. Since last April, Lester has worked as an equipment finance officer, supporting a team of eight middle-market equipment finance officers for Key Equipment Finance. She began her career with Key Equipment Finance in 2016 as a sales associate while participating in the Key Equipment Finance Sales Accelerated Career Training (ACT) program.
GOVERNMENT
• Salt Lake City has installed 10 bike corrals at local businesses, and another 10 are available for free at the request of a business owner. Each corral takes up one parking space but allows up to 10 cyclists to lock up their bicycles. The corrals are installed from April to November and then removed for snow plowing in the winter. Where sidewalk or park strip space permits, the city prefers to install permanent bike parking. Squatters Pub, 147 W. 300 S., was the first business to install a corral in 2010. Other locations are at Bruges Waffles and Frites, 336 W. 300 S.; Sugar House Pub, 1992 S. 1100 E.; Tracy Aviary, Liberty Park; Bar X/Beer Bar, 155 E. 200 S.; Twilite Lounge, 347 E. 200 S.; The Ruin, 1215 Wilmington Ave., Sugar House; and Coffee Noir, 1035 E. 200 S. Details about the corrals and how a business can sign up for one next season can be found at http://www.bikeslc.com/wheretoride/BicycleParking/BikeRacksandCorrals.html.
HEALTHCARE
• Med One Group, a Sandy-based medical leasing, rental and sales company, has added Kreg Koford and Mark Oligschlaeger to its board of directors. Koford has many years of experience as an executive within the healthcare supply chain industry. His current position is senior vice president of supply chain and sustaining care services with Memorial Sloan Kettering Cancer Center. He has also served in the roles of assistant vice president of category management, director of supply chain solutions and others at Intermountain Healthcare. Oligschlaeger brings an extensive knowledge of multiple industries gained by executing acquisitions, divestitures and restructurings. He is the founder and currently the president of Eider Capital. Prior to the founding of Eider Capital, he was president and chief operating officer of the Buckner Co. He has more than 20 years of finance and private equity experience.
MANUFACTURING
• Biovation Labs, a Salt Lake City-based natural products and supplement contract manufacturer, has hired Craig Rich as executive vice president of sales and business development. He will be responsible for the leadership of the sales team, as well as setting the direction for the company’s future growth. Rich previously was the vice president of sales at Basic Research for eight years and also served in medical sales for seven years at RS Medical and Medicore, where he sold durable medical equipment and hardware. Rich earned a bachelor’s degree in business administration from the University of Utah in 2007.
MILESTONES
• MMA Energy Capital, Park City, has reached over $1 billion in originations of renewable energy investments. Since 2015, the company has provided development and construction financing for approximately 100 solar, wind and other clean-energy projects across 14 U.S. states and territories, totaling more than 1.6 gigawatts of installed capacity. MMA Energy Capital provides development, construction, bridge and term loans ranging in size from $3 million to over $200 million. MMA Energy Capital is externally managed and advised by Hunt Investment Management LLC, an affiliate of Hunt Cos. Inc.
PHILANTHROPY
• Intermountain Healthcare has donated 6,000 books to at-risk Utah children. The donation supports organizations in Utah dedicated to childhood literacy and development, including the Salt Lake County Health Department and the Reach Out and Read program. Intermountain’s Community Giving program provided funding for nearly 4,000 books, while Intermountain leaders from across the system contributed an additional 2,100 books. The Salt Lake County Health Department received books in support of their home visitation programs. The department provides about 4,500 visits annually. Reach Out and Read, a nonprofit organization that incorporates books into pediatric care, will also receive supplies. The organization’s 34 Utah locations, roughly half of which operate out of Intermountain clinics, serve about 41,000 children annually.
• Wells Fargo & Co. recently donated $40,000 to the American Red Cross for relief efforts to support those impacted by wildfires in Utah. Customers impacted by the wildfires may discuss their financial options by contacting Wells Fargo at 1-800-TO-WELLS (1-800-869-3557) or by visiting their nearest Wells Fargo branch.
• Pluralsight Inc., Farmington, has announced a partnership with the Loveloud Foundation as a sponsor of the second annual Loveloud Music Festival, set for July 28 at Rice-Eccles Stadium. Bringing communities and families together to support LGBTQ youth, the festival will feature performances from Imagine Dragons, Zedd and other artists. The festival will benefit Encircle, The Trevor Project and the Tegan & Sara Foundation.
RECOGNITIONS
• The Sandy Area Chamber of Commerce has announced the recipients of the annual Titan Awards, which will be presented in October. The awards recognize “leaders in the community that have set themselves apart, not because of their titles and positions, but for the way they lift and inspire others.” Honorees are Ann Romney, best-selling author and global ambassador for the Ann Romney Center for Neurological Diseases; Sterling Nielsen, president and CEO of Mountain America Credit Union; and Jay Francis, executive vice president of corporate affairs and Miller Family Philanthropy for the Larry H. Miller Group.
RURAL UTAH
• The Governor’s Office of Economic Development (GOED) board, at its July meeting, endorsed a $50,000 Rural Fast Track grant for Central Valley Machine, of North Logan in Cache County. The grant will help the company purchase a machining center. The $910,000 project is expected to create six new full-time positions at the company. The grant award previously had been approved by the Governor’s Rural Partnership Board.
SCHOLARSHIPS
• DevMountain, a coding/technology school, has announced the DevMountain Scholarship, which can provide $2,500 that can be used for DevMountain, a four-year degree, online school, trade schools or any other form of education. One winner will be selected from all the applicants per scholarship term. Requirements include creating a short video about the impact that technology has had on the applicant’s daily life, and completing an application form. The deadline for the application is Oct. 31. Details are at https://scholarship.devmountain.com/.
SERVICES
• Postmates, a California-based on-demand delivery company, has expanded into Salt Lake City. By plugging merchants into algorithms that connect storefronts to new customers, mapping technologies that extend the geographical reach of their sales and a courier network, retailers are now able to quickly move goods from their storefronts to customers’ doorsteps. Postmates gives customers access to more than 250,000 merchants that were previously inaccessible online. Delivery fees start at $3.99; however, customer can pay zero delivery fees when they subscribe to Postmates’ subscription service, Unlimited, which is $9.99 per month or $6.99 per month, when paid annually. The San Francisco-based company now operates in 385 U.S. cities, as well as Mexico.
• Roadie, a delivery network, now offers its services in Salt Lake City and the surrounding area. Its app-based community puts unused capacity in passenger vehicles to work by connecting senders with drivers who are already going that way. Roadie’s model enables efficient, low-cost delivery for senders and rewards drivers for trips they were already taking. Roadie delivers to the door the same day, next day and on weekends. Pricing is determined by distance and urgency, in addition to size. Most local “gigs” will cost between $8 and $50, and long-distance gigs with oversized items can cost up to $650. Roadie has more than 80,000 verified drivers covering all 50 states and has made deliveries in more than 9,000 cities nationwide.
• Shipt, a same-day delivery marketplace, has begun offering same-day delivery from Smith’s Markets in the Ogden, Provo and Salt Lake City metro areas. Groceries and household items can be delivered in as little as an hour after being order via the Shipt app. New members can get an annual membership for $49 for a limited time. The annual membership grants access to free, unlimited delivery on orders of more than $35. Shipt is available to nearly 50 million households in more than 150 markets across the nation.
TECHNOLOGY/LIFE SCIENCES
• ATL Technology LLC, Springville, has appointed Victor Petroff and Joseph Glover as members of its board of directors. Petroff has extensive experience in building and operating successful businesses in the industrial, manufacturing and consumer products fields. He held several senior executive positions, as president/GM at Precision Interconnect (now a division of TE Connectivity). After leaving TE, Victor joined Riverlake Partners, a private equity firm, where he currently serves as a partner. Glover is an interconnect industry veteran that has served in senior management positions at TE Connectivity and Carlisle Interconnect. Glover left Carlisle Interconnect in late 2014 and serves as president of Pexco Aerospace in Yakima, Washington. ATL interconnect solutions and single-use medical devices for medical device companies.
• Recursion, a Salt Lake City-based biotechnology company that combines artificial intelligence (AI), experimental biology and automation to discover and develop drugs at scale, has appointed Tina M. Larson as chief operating officer. Larson will be leading the company’s technical operations, including its screening platform; core business functions, including talent acquisition and human resources; and advancing the company’s overall operational maturity as Recursion continues to grow. She has more than 20 years of experience in developing biopharmaceuticals, including global leadership roles at Achaogen, Genentech and Roche.