http://slenterprise.com
801-533-0556
This week in The Enterprise
Monday, April 30, 2018
Opportunity Zone funds could aid state's low-income areas
By Brice Wallace Utah state officials are wading into a new federal program that could put parts of the state in a nationwide competition for $6 trillion to benefit low-income communities.The Opportunity Zone program sprang from federal tax reform legislation passed in December a...
W.V.-based Ogden Newspapers buys Ogden's Standard-Examiner
Ogden Newspapers soon will own an Ogden newspaper.Ogden Newspapers, a family-owned newspaper company based in West Virginia, will acquire the Standard-Examiner, an Ogden-based daily newspaper, from Ohio-based Sandusky Newspaper Group, which has owned the newspaper since 1993.The ...
Attitude index takes a record plunge in April
After a record high in March, consumer attitudes in Utah slipped a record amount in April, according to the Zions Bank Utah Consumer Attitude Index (CAI).The index fell to 114.1 in April, with the 15.4-point decrease being the largest since Zions Bank and Cicero Group began track...
Former Mattel CEO to head Ancestry
Ancestry, the Lehi-based family history and consumer genomics company, has appointed Margo Georgiadis as CEO and a member of the board of directors. She will join the company on May 10.Most recently Georgiadis was CEO of Mattel Inc. and prior to that was president for the America...
Jobless rate stays steady
Utah’s jobless rate remained unchanged in March at 3.1 percent, according to the latest report from the Department of Workforce Services (DWS). That translates to about 48,500 Utahns still looking for work. Meanwhile, the national unemployment stayed put at 4.1 percent. Uta...
Creative industry show coming in July
The Mixed Media Event, the creative industry’s summer wholesale buying event for independent and online retailers, will take place July 16-18 at the Mountain America Expo Center in Sandy. The event will feature one day of hands-on new product workshops and a two-d...
Gas prices surge to highest level in nearly three years
Gasoline prices — a major expense for many Utah businesses — reached a level above $3 last week. That’s the highest price in nearly three years.AAA Utah reported that the average price of a gallon of unleaded, regular gasoline went above $3 last Monday, the high...
Study: Salt Lake County contributes mightily to Utah's tourism coffers
It’s Southern Utah’s canyons, red rocks and arches that seem to have the tourism news value, but it’s Salt Lake County the brings in the dough. That’s the conclusion of a new report from the Kem C. Gardner Policy Institute at the University of Utah. The nu...
WTC Utah: U.S. trade war with China threatens Utah's economy
World Trade Center Utah (WTC Utah) has released results of its analysis that shows if Chinese retaliatory tariffs on U.S. products are implemented, they will have diverse and harmful effects on Utah’s economy. In addition to threatening Utah’s direct and indirect expo...
CORPORATE FINANCIAL REPORTS - 4-30-18
The following are recent financial reports as posted by selected Utah corporations: ZionsZions Bancorporation, based in Salt Lake City, reported net earnings applicable to common shareholders of $231 million, or $1.09 per share, for the first quarter ended March 31. That com...
SLC's tight housing market making it especially hard for millennials
Salt Lake City has a tight housing market, and millennials are among those trying to cope with it.A new report from Realtor.com shows Salt Lake City ranked as the third-toughest housing market for millennials among the largest 60 metropolitan areas in the U.S. with large populati...
Target, AG stores to offer grocery delivery
Alabama-based online marketplace Shipt has partnered with Utah Target stores and a number of grocers owned by Associated Foods to offer same-day delivery of groceries and other home products. The Associated stores that have joined with Shipt include Dick’s Market, Dan&rsquo...
Small Business
2018 Utah District Small Business Administration award winners
Small Business Person of the YearPaul MerrillCEO Casper's Fat Boy Ice CreamVeteran Owned Business of the YearNorman SerranoFounder and Chief TechnologistInternational Vibration Technology LLCMinority Owned Business of the YearMarco CastilloPresidentLacem ...
Innovative ice cream maker knows when to grow and what trends to follow
In Northern Utah’s fertile Cache Valley, the dairy industry is serious business. And no one takes it more seriously than CEO Paul Casper Merrill of Casper’s Fat Boy Premium Ice Cream. He loves the company, has fun running it and, for the past decade, expanding it. Fat...
Directors message: National Small Business Week celebrates the best of Utah's small businesses
Congratulations to the 2018 Small Business Week award winners and thank you for your commitment and dedication to the great state of Utah. Each year since 1963, the president has issued a proclamation announcing National Small Business Week, which recognizes the critical job-crea...
Less vibration means safer flight crews, more flight time
As a young Air Force helicopter crew chief, Norman Serrano found that the vibration of a helicopter increased more and more just before it broke down. Serrano concluded that the helicopter rotor blades should be adjusted or repaired as soon as they begin to vibrate.He focused his...
Quality is our brand
Marco A. Castillo has been working in the construction industry for more than 22 years. He started working as a construction worker at the age of 18 in California. He then moved to Utah when he was 19 and continued to work in construction. But he was never satisfied being just a ...
Nursing program took Gleave in new direction
Tara Gleave prepared her entire young life to enter the family law practice, but after taking several science classes at Weber State University and getting accepted into the nursing program, Gleave found her passion — and began what has now been a 20-year career.As a nurse ...
Secret to Success: Perseverance and hard work
During a visit to Cedar City for Thanksgiving in 2013, Nick Froyd realized he had forgotten his art supplies. He searched and shopped, but couldn’t find adequate supplies anywhere in Cedar City. Thus, the idea for an art supply store was born. Froyd had worked for years as...
SBDC helps family plan for continued business growth
Eric and Alby Chenworth pose with their four children. The family owns Wasatch Allergy and Asthma in Salt Lake City and were chosen as the 2018 SBA Utah Family Owned Business of the Year.Dr. Eric Chenworth is an allergist/immunologist in Salt Lake City. He and his wife, Alby, sta...
Serial entrepreneur designs software to manage short-term rentals
John Spuhler could be described as a serial entrepreneur. After selling a tech company in Denver, he and his wife, Melissa, decided to semi-retire by moving with their three sons to Garden City, Utah, to be near family. That was 11 years ago and not only did his retirement not ha...
Anchor specializes in water-based restoration services
You’d never expect people to be so happy to help with the dirtiest of jobs, but it doesn’t matter if your emergency is due to water damage, flood damage, sewage or mold growth — Anchor Restoration is in business to serve you when you need it the most.Even though...
Theater revitalizes night life, culture in small community of Vernal
Nashelle Jackson is the physical embodiment of tenacity. She will be the first to tell you she’s nothing like Alfred Hitchcock, but they do have something in common — they’ve both produced shows that were seen at the historic Vernal Theatre. Hitchcock directed a...
Planning - not plastic - starts your business on the right financial path
You have your “big idea” and you’re ready to go. You’re itching to start a business and feel the sooner you launch, the better. After purchasing what you need on your credit card, doors open for business. When you need more supplies, you open another card....
Seven signs you have outgrown your IT resource
A wonderful problem to have as a small business is growth. However, growth — particularly rapid growth — can result in outgrowing your current information technology resource. As your company grows, your IT resource needs to grow with you.Outgrowing doesn’t limi...
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.
National Small Business Week Utah Kick-Off - April 30
A U.S. Small Business Administration Utah District Office information expo and networking event with the Governor’s Office of Economic Development. Location is World Trade Center Utah, 60 E. South Temple, No. 300, Salt Lake City. Free. Registration can be completed at http://www.Eventbrite.com.
National Small Business Week Utah Awards Reception - May 3
A U.S. Small Business Administration Utah District Office event. Keynote speaker is Derek Miller, president of the Salt Lake Chamber. Networking begins at 4:30 p.m. Ceremony begins at 5 p.m. Location is Zions Bank, 1 S. Main St., Founders Room, 18th floor, Salt Lake City. Cost is $20. Registration can be completed at http://www.Eventbrite.com.
Utah Veteran Business Conference 2018 - May 11
Presented by the Utah Veteran Owned Business Partnership and connecting veteran entrepreneurs and business owners with the resources they need to be successful in the marketplace. Keynote presentation is by Mark Eaton, former NBA All-Star, motivational speaker, entrepreneur and author. Location is Salt Lake Community College’s Larry H. Miller Campus, Karen Gail Miller Conference Room, 9750 S. 300 W., Sandy. Cost is $30. Sponsorships are available. Details are at http://www.slchamber.com.
2018 Governor’s Energy Summit - May 14
With the theme “Crossroads of Global Innovation.” May 14 features a 3-5 p.m. lecture series titled “The Climate of Action.” May 15 features a trade show, keynote presentations and panel discussions, eight breakout sessions, networking and a closing reception. Keynote speakers are Steve Zaffron, founder and leader of Vanto Group and author of Three Laws of Performance; and Olga Loffredi, chief executive officer of Vanto Group. Location is Grand America Hotel, 555 S. Main St., Salt Lake City. Early-bird registration is $129. May 14 lecture series only is $49. Details are at http://www.governorsenergysummit.com.
JOIN US ON FACEBOOK
FOLLOW US ON TWITTER
SEND US AN EMAIL