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This week in The Enterprise
Monday, June 11, 2018
IPOs signal booming technology industry - and it's just beginning
By Brice Wallace Pluralsight Inc. recently became a public company. Get ready for more of the same.During a discussion about the future of Utah’s technology sector at a recent tech industry gathering, one panelist predicted that several more Utah tech companies will have in...
Report: The role of Utah's sales tax is declining
Sales tax was once the largest source of public revenue in Utah, but in recent years, income and property tax revenues have overtaken sales taxes in importance. This is among the findings in Utah Foundation’s new report, “The Everyday Tax: Sales Taxation in Utah,...
Utah Valley rebrands its convention & visitors bureau
Utah Valley Convention and Visitors Bureau has changed its name and vision, according to a recent release from the organization. The bureau will now be known as “Explore Utah Valley,” a branding that the group says captures “the true spirit of ...
Henry Day Ford acquired by Garff Automotive Group
Two iconic Utah car dealerships — both more than 70 years old — are now one. Ken Garff Automotive Group has purchased Henry Day Ford of West Valley. The deal closed June 1 and financial details were not disclosed.“We whole-heartedly welcome the Henry Day dealers...
Sego Awards honor state's female founders and CEOs
The list of 2018 Sego Award winners recently was announced. The awards program is designed to create visibility for female founders and chief executive officers.Recipients and finalists were honored in May at a ceremony at Sundance Mountain Resort. The awards were created by Alli...
Biomerics buys Texas catheter manufacturer
Biomerics LLC, a medical device contract manufacturer headquartered in Salt Lake City, has acquired FutureMatrix Interventional Inc. (FMI) of Athens, Texas. FMI specializes in the design and manufacture of interventional catheters for the cardiovascular and urinary mark...
Sorensen tabbed to lead South Jordan's Ivanti
Ivanti, a South Jordan-based IT security software company, has announced that it has expanded its executive leadership team by hiring Scott Sorensen to fill the newly created position of president and chief operating officer (COO). Sorensen joins the company’s management te...
NAIOP names new board, Elldredge as president
The Utah chapter of the commercial real estate development organization NAIOP has announced its new leadership team. The association named Angela Eldredge of Price Real Estate as presient and Vinnie Figlioli of Harris Cos. as president-elect. “Our market and organizati...
Hughes' self-appointment leads list of those named to inland port board
When the state Legislature passed SB234 that created the Utah Inland Port Authority board, it set June 1 as the deadline for the various entities that have board members to make their selections. Last week, the initial board members were named.One of those with an appointment to ...
Crewe Capital names Urcan as firm's president
Crewe Capital LLC, a Salt Lake City-based investment banking and advisory firm, has announced that that Eugene E. Urcan has joined the firm as president and head of investment banking.Urcan brings a career of management and transaction investment banking experience to Crewe Capit...
CORPORATE FINANCIAL REPORTS - 6-11-18
The following are recent financial reports as posted by selected Utah corporations: HealthEquityHealthEquity Inc., based in Draper, reported net income of $22.6 million, or 36 cents per share, for the first quarter ended April 30. That compares with $14 million, or 23 cents ...
Foxley: Facebook's Eagle Mountain project a huge win for Utah
EDITOR’S NOTE: Following the recent announcement that social media giant Facebook will build a $750 million, 970,000-square-foot data center in Eagle Mountain, Theresa Foxley, president and CEO of the Economic Development Corporation of Utah (EDCUtah), posted this report co...
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.
Elevating Utah’s Life Sciences Industry with World Trade Center Utah - June 12
A WTC Utah event in partnership with BioUtah. A roundtable discussion will focus on the resources available to your organization. Location is World Trade Center Building, 60 E. South Temple, Suite 300, Salt Lake City. Free. Registration can be completed at Eventbrite.com. Details are at http://www.wtcutah.com.
Business Summit and Expo 2018 - June 13
A St. George Area Chamber of Commerce event. Location is Dixie Convention Center, 1835 S. Convention Center Drive, St. George. Details are at http://www.stgchamberbusinesssummit.com
Fifth Annual Chamber Bowl - June 14
A Murray Area Chamber of Commerce event. Location is Bonwood Bowl, 2500 S. Main St., South Salt Lake. Cost is $7 (includes three games and shoe rental). Open to everyone. Details are at http://www.murraychamber.org.
UTC Night at the Living Planet Aquarium - June 21
A Utah Technology Council event. Location is Loveland Living Planet Aquarium, 12033 Lone Peak Parkway, Draper. Free. Details are at http://www.utahtech.org.
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