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This week in The Enterprise
Monday, January 28, 2019
Growth is slowing but recession not in view of summit speakers
By Brice Wallace Slower growth.That was the gist of economic forecasts presented recently at the Utah Economic Outlook & Public Policy Summit, but speakers focused on the "growth" component of the phrase.Juliette Tennert, director of economic and public policy research a...
3% more jobs in 2018, jobless rate stays level
Job growth in Utah finished 2018 above 3 percent, according to figures released by the Utah Department of Workforce Services. The total number of Utahns holding jobs climbed to 1,542,600 at the end of the year, up 47,200 jobs since December 2017, a rise of 3.1 percent.
Glacier acquires First National Bank of Layton
Glacier Bancorp Inc., headquartered in Kalispell, Montana, has acquired First National Bank of Layton (FNB) and its holding company, FNB Bancorp. The purchase of the Layton-based bank is Glacier's 21st acquisition since 2000 and its 10th transaction in the past six years. FNB has...
Hillcrest Bank expands into Utah, Samuelson named area president
Hillcrest Bank, a division of National Bank Holdings Corp. (NBH) of Greenwood Village, Colorado, has expanded into Utah with the intent of serving commercial and business banking clients along the Wasatch Front, the company has announced. Chet Samuelson, formerly of Wells Fa...
CircusTrix adds to growing park portfolio
Provo-based CircusTrix, self-proclaimed to be the largest owner, operator and franchisor of trampoline parks in the world, has acquired Planet 3 Extreme Trampoline Parks of Flint, Michigan. CircusTrix also recently bought Rockin' Jump and Sky Zone trampoline parks in California.&...
DigiCert completes acquisition
Lehi's DigiCert Inc. has completed its acquisition of the QuoVadis Group, a worldwide cybersecurity and connectivity company based in Switzerland. DigiCert is a leading transport layer security certificate (TLS) provider in the cybersecurity space and will add QuoVadis' position ...
Shutdown hits nonprofits
The ongoing federal government shutdown is affecting Utah charitable organizations on two separate fronts, according to a recent survey by the Utah Nonprofits Association. Foremost among the concerns expressed by UNA members is the stoppage in the flow of federal funds that ...
Shopko bankruptcy closes 13 Utah stores, leaves just seven open
Utah seems to be taking the brunt of another round of Shopko store closures. The Wisconsin-based retailer filed for bankruptcy protection last week and announced the closing of 38 stores - 13 of which are in the Beehive State. The chain announced the closing of 40 stores last mon...
Record industrial property delivery leads strong commercial real estate year
Utah commercial real estate had another strong year in 2018 across all property types along the Wasatch Front, according to the 2018 Year-End Market Report from commercial real estate firm Newmark Grubb ACRES. The report breaks down how each property type performed in 2018 and gi...
CORPORATE FINANCIAL REPORTS 1-28-19
The following are recent financial reports as posted by selected Utah corporations: Zions Zions Bancorporation NA, based in Salt Lake City, reported net earnings applicable to common shareholders of $217 million, or $1.08 per share, for the 2018 fourth quarter. That compares...
Business Tech: Cost of cybersecurity keeps going up, but its importance isn't going down
By David Black You don't need to be a Certified Information Systems Security Professional (CISSP) to see how debilitating a cyberattack is for small businesses and e-commerce sites. As the volume of attacks continue to increase, all businesses need to take every provision to keep...
Calendar Highlights
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. See the full calendar.
Silicon Slopes Tech Summit - Jan 31 - Feb 1
Featuring keynote presentations, breakout sessions, entertainment and more. Topic groups are entrepreneurship, blockchain, software development, artificial intelligence, consumer products and social good. Location is Salt Palace Convention Center, 100 S. West Temple, Salt Lake City. Cost is $149. Details are at http://www.siliconslopessummit.com.
Legislative Roundup - February 2
A West Jordan Chamber of Commerce event taking place every Saturday during the legislative session. Feb. 2 location is University of Utah Hospital in Daybreak. Location Feb. 9 and March 2 is Jordan Valley Medical Center on 90th S. Bangerter Highway, West Jordan. Location Feb. 16 and March 9 is Jordan Valley Medical Center, 3460 S. Pioneer Parkway, West Valley City. Feb. 23 location is Riverton Hospital, 3741 W. 12600 S., Riverton. Details are at http://www.westjordanchamber.com.
Central Bank Economic Summit Forecast 2019 - February 6
Presenter is Natalie Gochnour, an associate dean in the David Eccles School of Business at the University of Utah and director of the Kem C. Gardner Policy Institute at the UofU, as well as chief economist for the Salt Lake Chamber. Location is Provo Marriott Hotel & Conference, Grand Ballroom, 101 W. 100 N., Provo. Free. Registration can be completed at http://www.Eventbrite.com.
UTC Legislative Breakfast - February 7
A Utah Technology Council event. Location is Utah State Capitol, Senate Building, Copper Room, 350 S. State St., Salt Lake City. Free. Registration can be completed at http://www.eventbrite.com.
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