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This week in The Enterprise
Monday, January 16, 2018 
Incentives mean 200 jobs for two tech firms
By Brice WallaceUtah’s technology and aerospace sectors will grow by more than 200 jobs over the next few years as a pair of companies have announced expansion projects in the state.Autonomous Solutions Inc. (ASI) and Parker Hannifin Corp. announced the expansions last week...
Vivint settles sales practices suit with $10 million payment
By John RogersLehi-based Vivint Smart Home has ended a federal lawsuit in Florida by agreeing to pay a $10 million settlement to ADT Inc. The action alleged that Vivint representatives used deceptive sales practices when approaching ADT customers in an attempt to persuade them to...
Dixie sets records for commercial real estate development in 2017
By John RogersLast year set all kinds of records for the commercial real estate business in southwestern Utah, according to a report released last week by St. George’s NAI Excel, a real estate firm that handled a good share of those transactions. The multitude of hous...
Utahns continue to pay their house payments on time
Mortgage delinquencies in the Salt Lake City market dropped again in October, according to the latest numbers from CoreLogic, a California-based real estate information and analytics firm. Locally, home loans in some degree of delinquency dropped from 3.4 percent in October 2016 ...
It's great for businesses, but effect for wage earner still uncertain
By Brice WallaceHow much will the recently passed federal tax reform impact the Utah economy? A panel of tax experts last week expressed uncertainty and, in some cases, skepticism that it will help much.Juliette Tennert, chief economist at the University of Utah’s Kem C. Ga...
Print Tex USA acquires Salt Lake's SDI
Print Tex USA, a leading decorator of corporate-branded apparel and promotional products based in Louisville, Kentucky, has acquired Sportswear Design International, based in Salt Lake City. Operating under the brand name SDI, Sportswear Design International was established ...
Tour operators convene in Salt Lake City
Tour operators from around the world are convening in Salt Lake City this week for 30th annual Go West Summit. Hosted by Visit Salt Lake and the Utah tourism industry, the group will meet Jan. 16-19 at the Salt Palace Convention Center. International...
St. Louis firm buys Draper's Spot Business Systems LLC
Clearent, a St. Louis-based payments solution provider, has announced the purchase of Draper-based Spot Business Systems LLC, an independent software vendor serving customers in the dry-cleaning industry. Financial details of the acquisition were not disclosed.
Bear River Mutual president named CEO
Duffy Pingree, who was named president of Bear River Mutual Insurance Co. in November 2016, has also been named CEO of the company. Former president and CEO Don Adams retained the title of CEO when Pingree became president but has retired, ceding the CEO designation to Pingree. T...
Decipher joins Eide Bailly
Regional accounting and business advisory firm Eide Bailly has purchased Decipher Forensics of American Fork. Decipher Forensics specializes in forensic discovery of information stored electronically on electronic devices such as computers and cell phones.
Auditors: Not many problems in the program that incentivizes businesses
By Brice WallaceA recent audit of the state’s major business recruitment and expansion incentive program revealed only minor issues.At a recent meeting of the Governor’s Office of Economic Development, representatives of Tanner LLC indicated that between July 2014 and...
Circlepix sells photo business
VHT Studios, a Rosemont, Illinois-based provider of professional photography, virtual staging and visual marketing services for the real estate industry, has acquired the photography business of Circlepix. Founded in 2000 in Springville, Circlepix — like VHT Studios —...
TruClinic becomes part of InTouch Health
InTouch Health, an enterprise telehealth platform based in Santa Barbara, California, has acquired TruClinic, a web-based telemedicine provider based in Salt Lake City. TruClinic specializes in direct-to-consumer virtual care solutions. Through the acquisition, InTouch Healt...
Optimism holds steady among investors in latest Wells Fargo survey
The Wells Fargo/Gallup Investor and Retirement Optimism Index held steady in the fourth quarter of 2017 at plus-140, statistically unchanged from plus-138 in the third quarter. The index is near its September 2000 high of plus-147. Three-quarters of non-retired investors in...
Calendar
Calendar listings are provided as a free service to our readers. Information about upcoming events may be sent to brice@slenterprise.com. The submission deadline is one week before publication.
Utah Economic Outlook & Policy Summit 2018 - January 16
Hosted by the Salt Lake Chamber, in collaboration with the Kem C. Gardner Policy Institute at the University of Utah. Event features a 2018 economic outlook by prominent economists, release of the initial Salt Lake Chamber CEOutlook Confidence Index, presentation of the “2018 Economic Report to the Governor,” Gov. Gary Herbert’s economic vision for 2018, a 2018 legislative session preview by legislative leadership, and release of the Salt Lake Chamber’s 2018 legislative agenda. Location is Salt Lake City Marriott Downtown at City Creek, 75 S. West Temple, Salt Lake City. Cost is $65 by Dec. 15, $85 thereafter. Details are at http://www.slchamber.com.
30th Annual “Share the Magic” Event - January 19
A West Jordan Chamber of Commerce event featuring dinner, live entertainment, a silent auction and awards ceremony recognizing the achievements of the stars in the community. Location is The Gathering Place at Gardner Village, 1100 W. 7800 S., West Jordan. Details are at http://www.westjordanchamber.com.
30th Annual “Share the Magic” Event - January 19
A West Jordan Chamber of Commerce event featuring dinner, live entertainment, a silent auction and awards ceremony recognizing the achievements of the stars in the community. Location is The Gathering Place at Gardner Village, 1100 W. 7800 S., West Jordan. Details are at http://www.westjordanchamber.com.
Wasatch Choice 2050 and Mayor’s Metro Solutions - January 23
Presented by Salt Lake County Regional Development, Wasatch Front Regional Council, the University of Utah’s Department of City & Metropolitan Planning, Envision Utah, and the Mountainland Association of Governments. The combined event brings together stakeholders from across the region to discuss how to increase access to jobs and educational opportunities through the development of the WC2050 Preferred Scenario. Keynote speakers are Bruce J. Katz and Jeremy Nowak, co-authors of The New Localism: How Cities Can Thrive in the Age of Populism. Location is Salt Palace Convention Center, 100 S. West Temple, Salt Lake City. Registration can be completed at http://www.Eventbrite.com.
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