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This week in The Enterprise
Monday, September 17, 2018
High prices & shortages targets of new nonprofit drug company
By Brice WallaceSometimes, companies create buzz by getting a new name. Or a new CEO. Or more partners. Or expecting eventually to have hundreds of employees. Or by announcing their plans to shake up an industry.A not-for-profit company spearheaded by Intermountain Healthcare has...
EDCU: 35 'wins' mean $1.7 billion invested in Utah
At its annual meeting last week in Salt Lake City, the Economic Development Corporation of Utah (EDCUtah) celebrated the economic successes it saw during its recently ended fiscal year. The group also honored a pair of community leaders for their roles in the economic growth occu...
More jobs for Silicon Slopes: Cal software company coming to Utah
A California-based software company will put operations in Utah over the next few years, creating 355 jobs in Utah's Silicon Slopes area.Cornerstone OnDemand Inc., based in Santa Monica and with about 1,800 employees worldwide, made the expansion announcement last week after bein...
Zions no longer deemed 'too big to fail'
Zions Bancorporation has prevailed in its attempt to not be designated as a "systemically important financial institution," or SIFI, thus relieving it from tighter federal regulation.Salt Lake City-based Zions and the Financial Stability Oversight Council (FSOC) both announced la...
Fischer to head Maverick Trading
Maverick Trading of Salt Lake City has named Darren Fischer to replace Robb Reinhold, founder of the company, as CEO. Reinhold will remain with the firm and continue as chief investment officer and head of trader development. The change was prompted by Maverick's growth over...
MWCN announces 2018 Utah 100 fastest-growing and 'Emerging Elite'
MountainWest Capital Network (MWCN) has announced the Utah 100, its annual list of the fastest-growing Utah companies, and its 20-company "Emerging Elite" list.The companies' rankings will be announced at the 24th annual Utah 100 awards program Oct. 30 at the Grand America Hotel ...
CBRE: Multifamily activity should reach $1B
Driven by growing rental rates, low vacancies and aggressive pricing, the multifamily real estate industry continues its local steady growth of recent years, according to the Greater Salt Lake Area Multifamily Market Report release last week by commercial real estate firm CBRE.Th...
CORPORATE FINANCIAL REPORTS 9-17-18
The following are recent financial reports as posted by selected Utah corporations:DomoDomo Inc., based in American Fork, reported a net loss of $46.4 million, or $4.41 per share, for the fiscal second quarter ended July 31. That compares with a loss of $43.5 million, or $27.27 p...
Heritage Business Focus
Proudly serving our community since 1891: The Past , Present and Future of Central Bank
Central Bank has been serving Utah County for over 127 years. We are proud of our history and look forward to building our community in the future. We believe our progress is directly based on how dedicated we are to caring for the individual needs of the people and communities w...
Deep Utah Roots: Since 1991, DJP has insisted that its attorneys abide by the firms' 'no jerk' rule
Durham Jones & Pinegar has been, and always will be, deeply rooted in Utah. The firm was founded by Paul Durham and one other attorney in 1991. Employing from Day One what the firm describes as the "no jerk" rule, the firm has focused on hiring and retaining attorneys who not...
16 Branches; 90,000 members: From humble roots in 1956 to a powerful, growing credit union
University Federal Credit Union is a member-owned financial institution established on the University of Utah campus. Since it originally opened its doors in 1956, UFCU has grown to an impressive 16 branch locations with over 90,000 members. This remarkable growth is due to the o...
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.
Utah Food Innovation Summit - September 18
Hosted by IFIC and focusing on emerging food production techniques that could affect the food supply chain. Speakers include Lt. Gov. Spencer Cox discussing the food industry and how it can change life in Utah for the better; Bob Garrison, editorial director of Prepared Foods Magazine, who will provide recent examples of "How Innovative Brands are Reshaping the Food Business"; Ethan Brown, CEO of Beyond Meat, discussing "The Future of Protein"; Dean Peterson, CEO of Harmons, discussing "Innovation from a Retail Grocery Perspective"; Andrew Smith, CEO of Four Foods Group, discussing the foodservice business and "Innovation on the Menu"; and a panel representing three Utah food brands sharing how they approach innovation and discussing what role it could play in the future of all Utah food businesses. Location is Utah Farm Bureau, 9865 S. State St., Sandy. Details are at wtcutah.com.
Ninth Annual Utah Business Sustainability Conference - September 20
Presented by P3 Utah. Location is University of Utah Guest House, 10 Fort Douglas Blvd., Salt Lake City. Cost is $95 for P3 members and affiliates, $135 for nonmembers. Details are at http://www.p3Utah.org.
Second Annual Southwest Salt Lake Valley Economic Summit - September 20
A Jordan Education Foundation event. Speakers include Lt. Gov. Spencer J. Cox and Robert Spendlove, senior vice president and economic and public policy officer at Zions Bank. Mayor panel includes Derk Timothy of Bluffdale, David Watts of Herriman, Trent Staggs of Riverton, Dawn Ramsey of South Jordan, and Jim Riding of West Jordan. Location is the Jordan Academy for Technology and Careers (JATC) South Campus, 12723 S. Park Ave. (2080 W.), Riverton. Free. Registration can be completed at http://www.Eventbrite.com.
14th Annual Tri-State Seminar - September 20
A Utah Chapter of the Federal Bar Association event. Location is The Lodges at Deer Valley, 2900 Deer Valley Drive East, Park City. Registration can be completed at http://www.Eventbrite.com.
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