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This week in The Enterprise
Monday, May 1, 2017 
Review of Utah monuments part of Trump order
President Donald Trump last week took the first steps toward possible future economic development in national monuments.Trump signed an executive order that directs Secretary of the Interior Ryan Zinke to review national monuments created during the past 20 years by the Antiquiti...
New Kearns community facility will house U.S. speedskating
By Brice WallaceConstruction will begin this month on a $12 million multi-use facility in Kearns that will feature space for group events, fitness activities and a home for the national governing body of speedskating.The Kearns Athlete Training and Event Center (KATEC) will conne...
Attitude Index comes back down after March jump
Although consumer confidence in Utah still sits in positive territory, April saw a major decline in the way people think about their economic future. The Zions Bank Utah Consumer Attitude Index (CAI) decreased in April after a big jump in March, mirroring national sentiment. The ...
Eight inventions receive Utah Innovation Awards at recent dinner
Eight innovations have been honored as winners of the 15th annual Utah Innovation Awards, presented by Stoel Rives LLP and the Utah Technology Council. The program recognizes innovations and the Utah companies that created them. Winners were announced during a sold-out awards di...
RMP opens EV 'corridor' charging stations
Rocky Mountain Power has opened Utah’s newest electric vehicle charging stations that will be part of a regional electric corridor in Utah, Wyoming and Idaho. The chargers at the company’s Salt Lake City office are open to visitors and Rocky Mountain Power employees f...
Hunt tabbed to head Parr Brown for coming year
Salt Lake City law firm Parr Brown Gee & Loveless has announced the appointment of Jeffrey J. Hunt as president of the firm. Hunt will serve for one year and according to the practice of the firm, a new president then will be selected. Hunt has served as firm secretary ...
Utah Foundation report: Future not too rosy for Utah coal industry
Employment in Utah’s coal mining and coal power industries has been declining for decades, due in part to shrinking demand for coal and improvements in mining technology, according to new research from the Utah Foundation. The report also concluded that policy changes promi...
UofU top in country for commercialing technology
The University of Utah is the top research university in the nation when it comes to commercializing technology innovations, according to the Milken Institute’s 2017 ranking of Best Universities for Technology Transfer.The UofU has “quietly evolved into one of the mos...
Unemployment rate holds steady: Jobs still growing
Utah’s unemployment rate continued to hold steady in March as the state’s economy continues to add jobs. The Utah Department of Workforce Services reported that the jobless rate held at 3.1 percent and that the economy has added 45,700 jobs in the past 12 months. The ...
Kusch takes reins at LDSBC
Bruce C. Kusch has taken over as the 13th president of LDS Business College in Salt Lake City. He replaces J. Lawrence Richards, who served eight years as president and 15 years as a teacher at the school. Kusch had been serving as chief academic officer, with responsibility for ...
Apartment complex sold for $40M
San Francisco-based real estate investment company Hamilton Zanze (HZ) has acquired the 256-unit Meadowbrook Station apartment complex in Salt Lake City for $40.1 million. The transaction closed on April 17.HZ purchased the Class B-plus, 2010-vintage multifamily community from Pe...
Salt Lake tourism off to great start
According to two of Visit Salt Lake’s key economic indicators, the first quarter of 2017 shows Salt Lake is off to a strong start in terms of hotel room nights and Super Pass sales. Super Pass is Visit Salt Lake’s ski lift ticket program tailored to destination skiers...
Q1 real estate results mixed
A newly released report from real estate firm Newmark Grubb ACRES shows that the Salt Lake City area had mixed results in the commercial real estate market for the first quarter of 2017. Slowing was noted in some areas following several years of substantial growth.In the industri...
Legend, Thanksgiving Pt. sign deal
Thanksgiving Point and Legend Solar have signed a sponsorship agreement that will have the fast-growing solar energy provider install a 1,500-panel solar array on the development’s Museum of Ancient Life.In a release, the two entities said the installation will provide a sa...
Global Diamonds store sold
Global Diamonds of Salt Lake City has been acquired by Diamonds Direct, a diamond retailer based in Charlotte, North Carolina. Diamonds Direct plans to retain the Salt Lake City-based staff and will increase the outlet’s selection of diamonds and other jewelry.Global Diamon...
CORPORATE FINANCIAL REPORTS 5-1-17
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 $129 million, or 61 cents per share, for the first quarter ended March 31. That compar...
Small Business
Small Business Week celebrates Utah's entrepreneurial spirit
Congratulations to the 2017 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-creat...
Olympic-size printer brings high resolution to Utah desert
Josh Bevans first thought of the idea for Design to Print in 1994 as he was speaking during a technology panel in San Francisco. The subject happened to be the speed of technology advancement. From that experience he knew he wanted to build an ultra-modern, high-end graphic print...
Family business brings quality employment to rural Utah
Duke and Jessica Alvey own several businesses in Hanksville under the name of Red Desert Inc. Red Desert employs 58 residents of Wayne County, who all live in Hanksville, a small town with only 219 residents, making Red Desert the employer of more than one-quarter of Hanksvi...
Team supports the mission of Dugway
The Mission and Installation Contracting Command-Dugway office oversees and administers the various contracts awarded by MICC-Dugway that have a period of performance greater than one year.Major contract actions include base operations support; environmental support; field, chamb...
Genealogist turns passion into thriving business
Jessica Taylor is a pioneer within the genealogy industry, taking what is stereotypically considered a hobby for the aging and turning it into a relevant and thriving business model. As a Brigham Young University graduate with a degree in family history, she took a leap of faith ...
Veteran chooses second career as small-business owner over retirement
Former Air Force pilot, Vietnam veteran and commercial pilot Leo Henderson likes to work. He likes it so much he has spent his time building his business from the ground up instead of retiring.Absolute Janitorial Services has served Utah County since 2004. The company offers comm...
PROBLEMS AND PRIORITIES FOR SMALL-BUSINESS OWNERS
Healthcare costs, federal regulations, taxes top the listAs I look at the state of small business, I do so from the perspective of both being a small business and serving small businesses. Our client base consists primarily of small businesses. According to the SBA’s defini...
KURU Footwear guarantees comfort, originality
Starting young, KURU Footwear founder and CEO Bret Rasmussen came up with the concept for KURU in fifth grade. He still has his original drawings and designs from his elementary school days.Rasmussen earned a bachelor of science in business management and an emphasis in finance i...
Utah firm is leader in safe, simple, efficient fire-starting technology
Fire has helped countless people since the dawn of time. Caveman banged rocks together, Native Americans rubbed sticks together. All were searching for an easier, faster and more efficient way to start a fire. Now InstaFire has the art of starting a fire mastered.The founders of ...
Spark Innovation's FiberFix literally fixes anything
FiberFix repair wrap can repair anything that needs to maintain rigidity, such as fence posts, shovel handles, yard umbrella posts and anything else you can dream up where duct tape just isn’t going to cut it.Spark Innovation’s CEO and co-founder, Eric Child, is an en...
Finance background leads to business ownership
Tamara Tran began her professional career in 1990 working as a mortgage loan processor for First Security Bank while attending BYU. At FSB she specialized in FHA new residential construction loans, learning the ins and outs of federal lending regulations and banking compliance.He...
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.
Sixth Annual Governor’s Utah Energy Development Summit - May 3 - 5
Featuring keynote presentations by Ron Gerrard, senior vice president of environmental, health and safety and manufacturing excellence at Huntsman Corp., and Gov. Gary Herbert; panel discussions; breakout sessions; and the Energy Pioneer Awards. Location is Grand America Hotel, 555 S. Main St., Salt Lake City. Early-bird cost is $125.
Utah Crowdfunding Summit 2017 - May 4
Produced by the Utah Small Business Development Centers and Salt Lake Community College’s Miller Business Resource Center. Location is SLCC’s Miller Campus, Karen Gail Miller Conference Room, 9750 S. 300 W., Sandy. Cost is $59, $79 for same-day registration, $25 for non-SLCC students, $10 for SLCC staff and students. Details are at https://www.regonline.com/Register/Checkin.aspx?EventID=1873690
Kickoff for the ElevateHER Challenge - May 8
A Women’s Leadership Institute event. Speaker Deneece Huftalin will share her insights and discuss how to empower women in our community. Location is The Falls Event Center at Trolley Square, 580 S. 600 E., Salt Lake City. Cost is $75. Details are at slchamber.com.
An Ogden-Weber Chamber of Commerce event. Breakfast begins at 7 a.m., followed by 8 a.m. tee time and 1 p.m. lunch. Location is The Barn Golf Course, 305 W. Pleasant View Drive, Ogden. Reservation deadline is May 8. Details are at http://bit.ly.OWCCgolf or by contacting heather@ogdenweberchamber.com or (801) 621-8300 Ext. 109.
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