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The Archive

Archive

More than 9,000 stories of Utah business reporting, 2011–2026. Search the full archive, or browse by date and section.

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SLBJ

Top Stories

CORPORATE FINANCIAL REPORTS - 3-26-18

The following are recent financial reports as posted by selected Utah corporations: Overstock.com Overstock.com Inc., based in Salt Lake City, reported a net loss attributable to stockholders of $95.7 million, or $3.72 per share, for the fourth quarter ended Dec. 31. That…

SLBJ

Top Stories

Companies bringing 170 jobs to Ogden's airport business park

By Brice Wallace A pair of companies will expand their operations at the Ogden Hinckley Airport over the next few years, creating a combined 170 jobs. Borsight, which will add 95 jobs, and a2b Fulfillment Inc., adding 75, were among three companies approved for tax credit…

BWBrice Wallace

Mar 18

SLBJ

Top Stories

ASI 'disrupting' ag industry with its unmanned farming vehicles

By John Rogers Autonomous Solutions Inc. (ASI), a developer of unmanned vehicle systems, software and components based in the tiny Cache County town of Mendon, has made a big splash in two industries with the deployment of its technology. ASI-driven vehicles are being tested in…

JRJohn Rogers Autonomous Solutions

Mar 18

SLBJ

Top Stories

Housing joins gas prices to fuel CPI hike

The Zions Bank Wasatch Front Consumer Price Index (CPI) jumped 0.5 percent from January to February, its largest increase since last April when it also rose a half-point. The change was driven primarily by housing and transportation cost hikes. In the past year, the CPI has…

Merrill named Small Business Person of the Year

Paul Casper Merrill, CEO and president of Casper’s Ice Cream Inc. of Richmond, has been named by the Small Business Administration as its 2018 Small Business Person of the Year for Utah. Merrill is the grandson of the company’s founder, Casper Merrill. He has been invited to…

Shops at Fort Union Sold

CCA Acquisition Co. LLC of Los Angeles, an affiliate of Kornwasser Shopping Center Properties LLC, has purchased The Shops at Fort Union, a 689,000-square-foot shopping center in Midvale. The 60-acre development sold for $142 million, according to Ben Brown of Mountain West…

Biskupski asks Herbert for help on inland port - even after he signs the bill

Brice Wallace Having struck out at the Legislature, Salt Lake City’s mayor has turned to the executive branch of state government to get relief from an inland port bill. {mprestriction ids="1,3"}Jackie Biskupski was scheduled to meet last week with Gov. Gary Herbert about SB234,…

WVC's Alphacorp aquired

Alphacorp, a West Valley City-based provider of security and fire and life safety systems, has been acquired by Convergint Technologies. Alphacorp was founded in 1992 and employs 60 in its Utah and Idaho operations. {mprestriction ids="1,3"}Convergint is a worldwide provider of…

Clyde buys Denver-based general contractor

Orem-based W.W. Clyde & Co., a general contractor and civil construction company, has announced its acquisition of Scott Contracting Inc. of Denver. Scott is a general contractor that specializes in construction management and general contracting of earthwork, utility projects,…

Realty website sees Salt Lake City ready to duplicate Denver's housing boom

Rapid growth in the housing market in Denver in 2015 and 2016 drove the city to become the nation’s top hot housing market. New data from realtor.com show the same patterns occurring in Salt Lake City, leading analysts to think the Utah capital will become the next hot market.…

New Mexico goes after Vivint

New Mexico Attorney General Hector Balderas has filed a 17-count civil complaint against Utah’s Vivint Solar. The action includes allegations of unfair business practices, fraud and racketeering. Following consumer complaints, Balderas said in a release that an investigation by…

CORPORATE FINANCIAL REPORTS - 3-19-18

The following are recent financial reports as posted by selected Utah corporations: Profire Energy Profire Energy Inc., based in Lindon, reported net income of $4.4 million, or 9 cents per share, on revenues of $38.2 million for the full year 2017. That compares with a net loss…

Partial victory: Winter Sports Market coming to Salt Lake City

By Brice Wallace Trying to offset Utah’s loss of the twice-a-year Outdoor Retailer tradeshows, government officials have landed an influential outdoor recreation regional show for the next three years. Armed with incentives from the state, Visit Salt Lake and Salt Lake County,…

Local officials: Trump's tariffs could be bad for Utah economy

President Trump’s imposition of higher tariffs on steel and aluminum imports is getting some local blowback. Derek B. Miller, president and chief executive officer of World Trade Center Utah, and Lane Beattie, president and CEO of the Salt Lake Chamber, warned against the idea…

Still dropping: Utah's jobless down to 3.1%

The unemployment rate in Utah, already among the nation’s lowest, dropped again in January by one-tenth of a percentage point to 3.1 percent. The national jobless rate remained unchanged from December at 4.1 percent, according to the U.S. Bureau of Labor Statistics.…

Intermountain launches virtual hospital

Salt Lake City-based Intermountain Healthcare has launched Intermountain Connect Care Pro, one of the nation’s largest virtual hospital services. The company said that the service employs 35 telehealth programs and more than 500 caregivers with the goal of enabling patients to…

CallTower buys Michigan-based cloud communications company

CallTower Inc., a global provider of cloud-based unified communications and collaboration solutions, has purchased Appia Communications Inc., a Traverse City, Michigan-based cloud-based applications and communication services company. {mprestriction ids="1,3"}With the…

Blockchain, cryptocurrency, bitcoin, tokens: What does it all mean?

When a Salt Lake City crowd recently was asked if cryptocurrency is a scam, several people raised their hands. Panelists on the stage acknowledged that its underlying technology, called blockchain, was confusing and “frothy” but some predict its future impact will be strong and…

Vortex acquires SLC-based Stag Technologies

Vortex Cos. of Houston has acquired Salt Lake City’s Stag Technologies, a high-performance coatings manufacturer for the water, sewer and industrial infrastructure markets. {mprestriction ids="1,3"}“Stag’s management team of Scott Peterson, Matt Peterson and Brock Stone have…

VanAusdal to replace Sermon at head of UCCU

Bret VanAusdal has been named president and CEO of Utah Community Credit Union, succeeding Jeff Sermon, who is retiring. VanAusdal was formerly executive vice president of the Provo-based institution. {mprestriction ids="1,3"}"This is both a great honor and a wonderful…

Spectra purchased by Hub Int'l

Hub International Limited, a global insurance brokerage based in Chicago, has acquired the assets of Utah’s Spectra Management LLC. Terms of the acquisition were not disclosed. {mprestriction ids="1,3"}Headquartered in Sandy, with an office in St. George, Spectra specializes in…

CORPORATE FINANCIAL REPORTS 3-12-18

The following are recent financial reports as posted by selected Utah corporations: Huntsman Huntsman Corp., with main offices in Texas and Salt Lake City, reported net income of $287 million, or $1 per share, for the fourth quarter ended Dec. 31. That compares with $137…

Point of the Mountain authority gets legislative committee OK

By Brice Wallace A bill creating an authority to oversee development of the current site of the Utah State Prison in Draper advanced unanimously last week from a legislative committee. The House Government Operations Committee voted 8-0 to send the measure to the full House. It…

Life sciences industry accounts for large part of Utah's economy

More than 1,000 Utah life sciences companies provide 34,352 jobs and have an annual combined payroll in excess of $2.7 billion, according to a new report from Bio Utah, the nonprofit trade association serving the industry. The organization released its 2018 Life Sciences late…

Staff

Mar 4

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