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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

Construction completed on 4th West Apartments

SALT Development, a Salt Lake City-based developer and builder of commercial real estate properties, has completed construction of the first two phases of its 4th West Apartments near The Gateway shopping center in downtown Salt Lake City. The two phases consist of 373 luxury…

Staff

Jun 18

SLBJ

Top Stories

Amazon to build $200M facility in Salt Lake Co.

By Brice Wallace Three companies have announced plans to place or expand operations in Utah, led by a $200 million Amazon regional fulfillment center in Salt Lake County. Amazon Fulfillment Services Inc., Alliance Data Systems Inc. and Podium Inc. announced the projects last…

BWBrice Wallace

Jun 11

SLBJ

Top Stories

Seminar: Trump likely to have deep employment law impact

By Brice Wallace Employers could be in store for a lot of employment law changes under the President Trump administration. That was the gist of presentations at the recent 29th annual Parsons Behle & Latimer Employment Law Seminar in Salt Lake City, although many of the comments…

Utah home price increase running ahead of nation

Utah home price increases continue to run well above the national average, according to new data released by CoreLogic, a property information and analytics company based in Irvine, California. In the Salt Lake City market, home prices have increased by 9.4 percent since last…

USTAR tabs Somers as new director

Utah Science Technology and Research (USTAR) has named Brian Somers as its new managing director, according to a statement from the organization. “We are fortunate to have Brian join our team as managing director,” said Ivy Estabrooke, USTAR executive director. “[He] brings…

Report: Coal country needs to diversify industry base

Seven of Utah’s 29 counties depend heavily on coal mining and electricity production from coal, but their future prosperity may depend on finding alternatives to coal and the high-paying jobs it provides in the state’s rural economy. Those are conclusions reached in the third of…

Dominion pulls trigger on Questar name change

In a move that has been widely anticipated since Questar Gas merged with Virginia-based Dominion Resources Inc. in September 2016, Dominion Questar has been renamed Dominion Energy after a vote by corporate shareholders. Dominion Energy’s Utah-based natural gas utility will…

UEC releases pay reports

Utah’s Employers Council recently published two job compensation surveys designed to help Utah organizations keep current and competitive with employee salaries. The 2017 “Utah Benchmark Compensation Survey” (benchmark survey) and the new “Information Technology Compensation…

St. George's Town & Country Bank merges with People's Intermountain

People’s Intermountain Bank, the parent company of Bank of American Fork, and Town & Country Bank Inc. of St. George have announced an agreement to merge. The Town & Country Bank office and the Bank of American Fork branch in St. George will be combined in January 2018. Upon…

CORPORATE FINANCIAL REPORTS 6-12-17

Sportsman’s Warehouse Sportsman’s Warehouse Holdings Inc., based in Midvale, reported a net loss of $4.5 million, or 11 cents per share, for the quarter ended April 29. That compares with net income of $300,000, or 1 cent per share, for the same quarter a year earlier. Net sales…

OR to Denver? Still contracted for SLC through 2018

By John Rogers Everyone in Denver seems to be gearing up for a huge semiannual outdoor industries trade show to makes its debut in the Colorado capital in January. The Denver Post ran a story on May 26 under the headline “It’s official: SIA Snow Show sells to Outdoor Retailer…

Plans announced for downtown Class A office tower on Main St.

A pair of Texas-based real estate development firms have announced plans to build a Class A office tower in downtown Salt Lake City. A joint venture consisting of Patrinely Group of Houston and San Antonio-based USAA Real Estate Co. said the complex, dubbed 650 Main, will be a…

Confidence in Utah economy remains strong

Utah consumers continue to be feel confident about the state’s economy. The Zions Bank Utah Consumer Attitude Index (CAI) remained statistically flat in May, dipping just 0.8 points from 112.6 in April to 111.9. Consumer confidence in Utah has registered above 110 since June of…

Hispanic Chamber meet focuses on 'business side of business'

By Brice Wallace For much of the recent Utah Hispanic Chamber of Commerce (UHCC) Convention & Expo, the emphasis was not on “Hispanic” as much as “business.” Alex Guzman, president of The Marketing Factory and chairman of the UHCC board, noted that the gathering included the…

Utah gets cash from Target data breach settlement

The Utah Attorney General’s Office and the Utah Division of Consumer Protection have announced that Utah has joined with 46 other states and the District of Columbia in an $18.5 million settlement with the Target Corp. to resolve the states’ investigation into the retail…

Ally No. 1 Internet bank, tops for millennials

Midvale-based Ally Bank, the banking subsidiary of Ally Financial Inc., scored dual wins for Best Internet Bank and Best Bank for Millennials on Kiplinger’s Personal Finance Magazine’s 2017 Best Banks list. An article highlighting Kiplinger’s top picks among banks and credit…

DATC audit: Accountancy errors, 'no money missing'

A state audit released last week revealed reporting problems involving millions of dollars at the Utah Department of Alcoholic Beverage Control. The problems apparently stem from the installation of a new computer system. The problems stem from untimely financial reporting but…

Roderick building North Pointe office/warehouse

Real estate development company Roderick Enterprises has started construction on a Class A office and warehouse building at the North Pointe Business Park in American Fork. The complex will contain 206,098 square feet of combined-use space. Roderick is based in Murray. The…

Capriotti's to open 12 locations

Las Vegas-based Capriotti’s Sandwich Shop has signed three franchise agreements to bring a total of 12 new locations to the Salt Lake City area over the next three years. The first new location is expected to open in October in Daybreak. Capriotti’s began slow-roasting turkeys…

Huntsman to merge with Swiss chemical firm in $14 billion deal

By John Rogers Chemical manufacturing giant Huntman Corp., majority-owned by Utah's Huntsman family, has announced a merger with Switzerland’s Clariant AG. The new entity will have a market value of more than $14 billion and when debt is included, the value climbs to around $20…

Point of the Mountain planning moves to Phase 2

By Brice Wallace The future development of the Point of the Mountain area, including the Utah State Prison site, has advanced to a new phase. The Point of the Mountain Development Commission recently released a report by Envision Utah summarizing the first phase of the process,…

Unemployed rate holds steady as new jobs created

Utah’s unemployment rate held steady in April at 3.1 percent with about 49,200 Utahns out looking for jobs. By comparison, the national rate decreased one-tenth of a percentage point to 4.4 percent. Utah’s nonfarm payroll employment for April 2017 grew by an estimated 3.3…

Equity firm buys Nutraceutical

Park City’s Nutraceutical International Corp. has been acquired by HGGC LLC, a middle-market private equity firm based in Palo Alto, California. The transaction is valued at approximately $446 million, including debt to be refinanced, according to a release from HGGC. Under the…

Young Living breaks ground for HQ, acquires Idaho firm

Young Living, a marketer of essential oils, has broken ground on its new 263,000-square-foot global headquarters in Lehi, the company said in a release. The five-story building will offer work space for nearly 1,000 employees and will sit on about 27 acres which includes 3.6…

Staff

May 29

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