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BANKING
•Bank of Utahhas broken ground on a new building for its Roy branch, just north of the current branch at 5741 S. 1900 W. Construction is expected to take six months to complete. The current branch will remain open during construction. The 3,702-square-foot building will feature a remote drive-through service with remote camera technology that will be erected where the bank currently stands. Construction partners includeBott Pantone ArchitectsandStacey Enterprises Inc.Bank of Utah has 18 locations throughout Utah.
DIRECT SALES
•Young Living Essential Oils LC, Lehi, has promotedDr. Michael Buchto senior vice president of research and development and product management. Buch oversees scientific research and development on new and established products and leads the company’s product strategy. He joined the company in 2015 and has more than 25 years of experience in the health and wellness industry.
ECONOMIC INDICATORS
• Conexus Indiana’s“2016 Manufacturing & Logistics Report Card for the United States”has given Utah’s manufacturing industry health a “C” grade. Conexus Indiana is a private sector-led initiative focused on the advanced manufacturing and logistics sectors. The manufacturing industry health grade is the same as last year. Utah’s logistics industry health was a C-minus, the same as in 2015. Other Utah grades in the report are B for human capital, down from a B-plus last year; A for worker benefits costs, unchanged; A for tax climate, unchanged; A for “expected fiscal liability gap,” unchanged; C for global reach, up from C-minus; B for sector diversification, up from B-minus; and C for productivity and innovation, unchanged. The report was produced for Conexus Indiana by the Ball State University Center for Business and Economic Research. Details are at http://Conexus.cberdata.org.
ENTREPRENEURSHIP
• TheSalt Lake City Department of Economic Developmenthas awarded a total of $50,000 in grant funding to eight local business incubators to “encourage inventive entrepreneurship, business growth and community building.” TheBusiness Cultivation Grantswere created to assist firms with business district marketing efforts. This year, grant guidelines were expanded to include business incubators and accelerators. Receiving the grants wereFuture INDesign, $9,000 for workforce development in science, technology, engineering, and math (STEM) careers for young people ages 16-20 living on low incomes;Church & State, $8,000 to produce a video and content marketing platform for entrepreneurs and startups in Salt Lake City;Sustainable Startups, $8,000 to focus on engaging more underrepresented communities, including women, minorities, and people living on low incomes with its flagship, three-month entrepreneurship skills program;Pacific Island Business Alliance, $8,000 to encourage business startups in the Pacific Islander community by mentoring marketing, advertising and branding skills;Avrec Art House, $5,000 to offset costs of establishing a co-working space to assist local filmmakers;Utah African-American Chamber of Commerce, $5,000 for costs associated with a summer business expo in 2017;Utah Gay and Lesbian Chamber of Commerce, $5,000 to establish and promote “safe zones” within Salt Lake City business districts; andImpact Hub, $2,000 to help underwrite costs of an “Accelerate Community Impact Program,” which will bring professional businesses together to “radically improve” the downtown business district through market-based solutions.
HEALTHCARE
• TheUtah Health Policy Project(UHPP) has hiredMicah A. Vorwalleras the organization’s health policy analyst. He will represent the interests of Utah’s underserved healthcare consumers, including playing a watchdog role on Utah’s current and future Medicaid expansion proposals, as well as starting new projects like strengthening the role of community health workers to help underserved Utahns access and understand their healthcare. Vorwaller most recently worked as an attorney at The Ault Firm, where his practice focused on complex civil litigation and appeals for corporate and commercial law. He graduated from the University of Utah S.J. Quinney College of Law, where he focused on healthcare law. Vorwaller replacesRylee Curtis, who recently took a new job at Molina Healthcare of Utah after working three years at UHPP.
NONPROFITS
• Timothy J. Dancehas been elected to serve as chairman of the board of directors ofDiscovery Gateway Children’s Museum. Dance will serve as chairman until 2017. He has been a member of the board since 2010 and has served as a member of the executive committee as well as development committee co-chair. Dance is a partner in the Salt Lake City office of the law firm Snell & Wilmer. His practice is concentrated in bankruptcy, reorganization, creditors’ rights, committee representation, foreclosure, receivership and workout law. He also practices federal and state court commercial and business litigation. His education includes a B.A. from Brigham Young University.
• TheUtah Olympic Legacy Foundation(UOLF) has hiredLisa Bennion Rasmussenas vice president of marketing and development andStuart Asheas general manager of Soldier Hollow Nordic Center. Rasmussen will focus on marketing, sales and fundraising efforts. She has more than 20 years of experience in brand marketing, national level sports partnerships, sponsorship activation and sales. Most recently, she led partnership development for the Seattle Seahawks and Sounders FC. Prior to that, she worked for the U.S. Ski and Snowboard Association, in advertising at Riester, and in corporate marketing at Swire Coca-Cola. Ashe has more than three decades of experience in international sport event and venue management. As a consultant, Ashe has advised large-scale organizations and foundations in strategic planning and operational management, including involvement with eight summer and winter Olympic organizing committees. During the 2002 Winter Olympic Games, Ashe was director of material logistics. In Atlanta, he was the senior venue manager for the 1996 Olympic Games, overseeing nine competition sport venues. Ashe got his international sport event start as regional logistic manager during the 1984 Olympic Games in Los Angeles. In addition to his Olympic and Paralympic tenure, Ashe worked as logistics director for the FIFA Women’s World Cup in 1999 and FIFA World Cup 1994 in Los Angeles.
REAL ESTATE
• TheClinton Towne Centerhas been sold byBridgeport Retail, a boutique private equity real estate investment company, toBaceline Investments LLC. Financial terms were not disclosed.Eli MillsandTucker Whiteof the Salt Lake City office ofCBRErepresented Bridgeport in the transaction. The 34,200-square-foot Clinton Towne Center is at 2122 W. 1800 N., Clinton. It is anchored by Macey’s and includes several national retail tenants. The center was 86 percent occupied at the time of sale.
•CBREhas hiredPatrick Bodnaras a senior associate specializing in multifamily real estate. He is in the company’s Salt Lake City office and will work with the investment properties team. Bodnar has nearly 17 years of commercial real estate experience. Although a multifamily investment sales specialist, he has experience covering leasing, sales and development across all property types. Bodnar has a Bachelor of Science degree from the University of Utah in business marketing.
RECOGNITIONS
• Three Utah companies —Central Logic, South Jordan;CompHealth, Salt Lake City; andHealth Catalyst, Salt Lake City — have been named to the“Best Places to Work in Healthcare”list for 2016 byModern Healthcare. Each year,Modern Healthcarelists 100 companies and organizations that “empower their employees to provide patients and customers with the best possible care, products and services.” It will reveal the ranked order of the 100 during an event Oct. 6 in New Orleans.
• TheSandy Area Chamber of Commercehas announced the recipients of itsTitan Awards, which will be presented Oct. 6 at the Marriott Downtown at City Creek. Recipients areDeanie Wimmer, KSL News co-anchor;Ray Pickup, president and chief executive officer of WCF Insurance; andRabbi Benny Zippellof the Established Chabad Lubacitch of Utah.
•Boeingrecently celebrated 100 years of operations, and the state of Utah released a proclamation recognizing the company for its roles as an aerospace company and manufacturer of commercial jetliners and defense, space and security systems and declared July 15“Boeing Day”in the state. The company supports nearly 1,000 jobs in Utah and works with 200 suppliers, spending $267 million with them in 2015. Locally, Boeing builds airplane components and composite structures for the 787 Dreamliner, provides sustaining engineering for the U.S. Air Force’s Minuteman III intercontinental ballistic missile guidance systems, and conducts severe environment and weapons testing for the U.S. government. Chicago-based Boeing employs about 160,000 people in the U.S. and more than 65 countries.
RETAIL
•Harmons Groceryhas announced plans for a new location at 2300 East and Murray Holladay Road in Holladay. The 16,500-square-foot store is expected to open in fall of 2017.Highland Commercial Inc.represented Harmons in securing the location in cooperation withRockworth Cos,who will develop the site. It will be Harmons’ 18th store and will be modeled after the Harmons Emigration Market store.
•At Homehas opened its fourth Utah location at 203 W. 9000 S., Sandy. The 135,000-square-foot home décor store will include more than 50,000 items. It will have 25 employees. At Home operates in more than 110 stores across 28 states.
SERVICES
• Teleserve, Lehi, has changed its name and brand toBoomsourcing. Jacob Munns, current chief executive officer of Teleserve, will continue this role in the new company. While Teleserve primarily focused on outbound and inbound calls, Boomsourcing helps companies grow their customer base, improve customer experiences, and streamline back office operations. It has offices in Utah, the Philippines and Mexico.
•United Benefit Advisors(UBA), has addedDavis Pacific Benefits, based in Salt Lake City, as its newest partner firm. Founded in 1980, Davis Pacific Benefits provides a range of brokerage services, including employee benefits, property and casualty, and financial and retirement.
•Spherion Staffing Serviceshas opened an office in Meridian, Idaho, to serve the Treasure Valley. It is led by presidentAubrey Robisonin partnership withRon and Jennifer Zarbock. Robison joined Spherion in 2013 and has served as vice president of the company’s six Utah-based affiliates. She will partner with area directorTaylor Bergto lead the office’s day-to-day operations while building Spherion’s presence in the local community. A staffing industry veteran, Berg previously managed several prominent accounts within Spherion’s Utah office network. The new office marks the seventh national Spherion branch to operate under Zarbocks’ ownership, joining six Utah-based affiliates.
TECHNOLOGY/LIFE SCIENCES
•VPI Technology Grouprecently had an open house at its new Draper facility. The new facility has added to VPI Laboratories’ capability by featuring an electromagnetic compatibility (EMC) test environment. VPI Laboratories provides regulatory compliance testing as required by the Federal Communication Commission (FCC), Industry Canada (IC), European CE Mark, and other international regulatory authorities. The new test laboratory complements VPI’s EMC open area test site in Wanship. The facility also expands VPI Manufacturing’s size and capabilities.
BANKING
•Bank of Utahhas broken ground on a new building for its Roy branch, just north of the current branch at 5741 S. 1900 W. Construction is expected to take six months to complete. The current branch will remain open during construction. The 3,702-square-foot building will feature a remote drive-through service with remote camera technology that will be erected where the bank currently stands. Construction partners includeBott Pantone ArchitectsandStacey Enterprises Inc.Bank of Utah has 18 locations throughout Utah.
DIRECT SALES
•Young Living Essential Oils LC, Lehi, has promotedDr. Michael Buchto senior vice president of research and development and product management. Buch oversees scientific research and development on new and established products and leads the company’s product strategy. He joined the company in 2015 and has more than 25 years of experience in the health and wellness industry.
ECONOMIC INDICATORS
• Conexus Indiana’s“2016 Manufacturing & Logistics Report Card for the United States”has given Utah’s manufacturing industry health a “C” grade. Conexus Indiana is a private sector-led initiative focused on the advanced manufacturing and logistics sectors. The manufacturing industry health grade is the same as last year. Utah’s logistics industry health was a C-minus, the same as in 2015. Other Utah grades in the report are B for human capital, down from a B-plus last year; A for worker benefits costs, unchanged; A for tax climate, unchanged; A for “expected fiscal liability gap,” unchanged; C for global reach, up from C-minus; B for sector diversification, up from B-minus; and C for productivity and innovation, unchanged. The report was produced for Conexus Indiana by the Ball State University Center for Business and Economic Research. Details are at http://Conexus.cberdata.org.
ENTREPRENEURSHIP
• TheSalt Lake City Department of Economic Developmenthas awarded a total of $50,000 in grant funding to eight local business incubators to “encourage inventive entrepreneurship, business growth and community building.” TheBusiness Cultivation Grantswere created to assist firms with business district marketing efforts. This year, grant guidelines were expanded to include business incubators and accelerators. Receiving the grants wereFuture INDesign, $9,000 for workforce development in science, technology, engineering, and math (STEM) careers for young people ages 16-20 living on low incomes;Church & State, $8,000 to produce a video and content marketing platform for entrepreneurs and startups in Salt Lake City;Sustainable Startups, $8,000 to focus on engaging more underrepresented communities, including women, minorities, and people living on low incomes with its flagship, three-month entrepreneurship skills program;Pacific Island Business Alliance, $8,000 to encourage business startups in the Pacific Islander community by mentoring marketing, advertising and branding skills;Avrec Art House, $5,000 to offset costs of establishing a co-working space to assist local filmmakers;Utah African-American Chamber of Commerce, $5,000 for costs associated with a summer business expo in 2017;Utah Gay and Lesbian Chamber of Commerce, $5,000 to establish and promote “safe zones” within Salt Lake City business districts; andImpact Hub, $2,000 to help underwrite costs of an “Accelerate Community Impact Program,” which will bring professional businesses together to “radically improve” the downtown business district through market-based solutions.
HEALTHCARE
• TheUtah Health Policy Project(UHPP) has hiredMicah A. Vorwalleras the organization’s health policy analyst. He will represent the interests of Utah’s underserved healthcare consumers, including playing a watchdog role on Utah’s current and future Medicaid expansion proposals, as well as starting new projects like strengthening the role of community health workers to help underserved Utahns access and understand their healthcare. Vorwaller most recently worked as an attorney at The Ault Firm, where his practice focused on complex civil litigation and appeals for corporate and commercial law. He graduated from the University of Utah S.J. Quinney College of Law, where he focused on healthcare law. Vorwaller replacesRylee Curtis, who recently took a new job at Molina Healthcare of Utah after working three years at UHPP.
NONPROFITS
• Timothy J. Dancehas been elected to serve as chairman of the board of directors ofDiscovery Gateway Children’s Museum. Dance will serve as chairman until 2017. He has been a member of the board since 2010 and has served as a member of the executive committee as well as development committee co-chair. Dance is a partner in the Salt Lake City office of the law firm Snell & Wilmer. His practice is concentrated in bankruptcy, reorganization, creditors’ rights, committee representation, foreclosure, receivership and workout law. He also practices federal and state court commercial and business litigation. His education includes a B.A. from Brigham Young University.
• TheUtah Olympic Legacy Foundation(UOLF) has hiredLisa Bennion Rasmussenas vice president of marketing and development andStuart Asheas general manager of Soldier Hollow Nordic Center. Rasmussen will focus on marketing, sales and fundraising efforts. She has more than 20 years of experience in brand marketing, national level sports partnerships, sponsorship activation and sales. Most recently, she led partnership development for the Seattle Seahawks and Sounders FC. Prior to that, she worked for the U.S. Ski and Snowboard Association, in advertising at Riester, and in corporate marketing at Swire Coca-Cola. Ashe has more than three decades of experience in international sport event and venue management. As a consultant, Ashe has advised large-scale organizations and foundations in strategic planning and operational management, including involvement with eight summer and winter Olympic organizing committees. During the 2002 Winter Olympic Games, Ashe was director of material logistics. In Atlanta, he was the senior venue manager for the 1996 Olympic Games, overseeing nine competition sport venues. Ashe got his international sport event start as regional logistic manager during the 1984 Olympic Games in Los Angeles. In addition to his Olympic and Paralympic tenure, Ashe worked as logistics director for the FIFA Women’s World Cup in 1999 and FIFA World Cup 1994 in Los Angeles.
REAL ESTATE
• TheClinton Towne Centerhas been sold byBridgeport Retail, a boutique private equity real estate investment company, toBaceline Investments LLC. Financial terms were not disclosed.Eli MillsandTucker Whiteof the Salt Lake City office ofCBRErepresented Bridgeport in the transaction. The 34,200-square-foot Clinton Towne Center is at 2122 W. 1800 N., Clinton. It is anchored by Macey’s and includes several national retail tenants. The center was 86 percent occupied at the time of sale.
•CBREhas hiredPatrick Bodnaras a senior associate specializing in multifamily real estate. He is in the company’s Salt Lake City office and will work with the investment properties team. Bodnar has nearly 17 years of commercial real estate experience. Although a multifamily investment sales specialist, he has experience covering leasing, sales and development across all property types. Bodnar has a Bachelor of Science degree from the University of Utah in business marketing.
RECOGNITIONS
• Three Utah companies —Central Logic, South Jordan;CompHealth, Salt Lake City; andHealth Catalyst, Salt Lake City — have been named to the“Best Places to Work in Healthcare”list for 2016 byModern Healthcare. Each year,Modern Healthcarelists 100 companies and organizations that “empower their employees to provide patients and customers with the best possible care, products and services.” It will reveal the ranked order of the 100 during an event Oct. 6 in New Orleans.
• TheSandy Area Chamber of Commercehas announced the recipients of itsTitan Awards, which will be presented Oct. 6 at the Marriott Downtown at City Creek. Recipients areDeanie Wimmer, KSL News co-anchor;Ray Pickup, president and chief executive officer of WCF Insurance; andRabbi Benny Zippellof the Established Chabad Lubacitch of Utah.
•Boeingrecently celebrated 100 years of operations, and the state of Utah released a proclamation recognizing the company for its roles as an aerospace company and manufacturer of commercial jetliners and defense, space and security systems and declared July 15“Boeing Day”in the state. The company supports nearly 1,000 jobs in Utah and works with 200 suppliers, spending $267 million with them in 2015. Locally, Boeing builds airplane components and composite structures for the 787 Dreamliner, provides sustaining engineering for the U.S. Air Force’s Minuteman III intercontinental ballistic missile guidance systems, and conducts severe environment and weapons testing for the U.S. government. Chicago-based Boeing employs about 160,000 people in the U.S. and more than 65 countries.
RETAIL
•Harmons Groceryhas announced plans for a new location at 2300 East and Murray Holladay Road in Holladay. The 16,500-square-foot store is expected to open in fall of 2017.Highland Commercial Inc.represented Harmons in securing the location in cooperation withRockworth Cos,who will develop the site. It will be Harmons’ 18th store and will be modeled after the Harmons Emigration Market store.
•At Homehas opened its fourth Utah location at 203 W. 9000 S., Sandy. The 135,000-square-foot home décor store will include more than 50,000 items. It will have 25 employees. At Home operates in more than 110 stores across 28 states.
SERVICES
• Teleserve, Lehi, has changed its name and brand toBoomsourcing. Jacob Munns, current chief executive officer of Teleserve, will continue this role in the new company. While Teleserve primarily focused on outbound and inbound calls, Boomsourcing helps companies grow their customer base, improve customer experiences, and streamline back office operations. It has offices in Utah, the Philippines and Mexico.
•United Benefit Advisors(UBA), has addedDavis Pacific Benefits, based in Salt Lake City, as its newest partner firm. Founded in 1980, Davis Pacific Benefits provides a range of brokerage services, including employee benefits, property and casualty, and financial and retirement.
•Spherion Staffing Serviceshas opened an office in Meridian, Idaho, to serve the Treasure Valley. It is led by presidentAubrey Robisonin partnership withRon and Jennifer Zarbock. Robison joined Spherion in 2013 and has served as vice president of the company’s six Utah-based affiliates. She will partner with area directorTaylor Bergto lead the office’s day-to-day operations while building Spherion’s presence in the local community. A staffing industry veteran, Berg previously managed several prominent accounts within Spherion’s Utah office network. The new office marks the seventh national Spherion branch to operate under Zarbocks’ ownership, joining six Utah-based affiliates.
TECHNOLOGY/LIFE SCIENCES
•VPI Technology Grouprecently had an open house at its new Draper facility. The new facility has added to VPI Laboratories’ capability by featuring an electromagnetic compatibility (EMC) test environment. VPI Laboratories provides regulatory compliance testing as required by the Federal Communication Commission (FCC), Industry Canada (IC), European CE Mark, and other international regulatory authorities. The new test laboratory complements VPI’s EMC open area test site in Wanship. The facility also expands VPI Manufacturing’s size and capabilities.