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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

WTC Utah awards 10 export grants

World Trade Center Utah (WTC Utah) recently awarded funding to 10 Utah companies as part of the Utah Export Acceleration Grant (EAG). Created to help small and medium-sized businesses actualize their international business goals, the EAG is administered by WTC Utah and made…

SLBJ

Top Stories

Merit Medical announces plans to grow by 2,400 jobs in next 15 years

A longtime pillar of Utah’s medical device industry will grow by 2,400 jobs over the next 15 years as it expands its headquarters operations. Fred P. Lampropoulos, chairman and CEO of Merit Medical Systems Inc., based in South Jordan, announced the growth plan last week during a…

Staff

Nov 12

SLBJ

Top Stories

Industrial Supply buys SLC's Paxton Production Tools

Industrial Supply Co., a Salt Lake City industrial tool and supply distribution company, has acquired Paxton Production Tools. Paxton has distributed cutting tools from its Salt Lake City base since 1956. “With a combined experience of over 160 years in industrial supply…

Tax reform continues to power small-business growth in Utah

By Dan Nordberg Recently, I was shopping at our local store and was amazed that holiday merchandise was already on the shelves. What happened to the tradition of launching the Christmas selling season right after turkey time at the end of November? Little did I know, the holiday…

Top Utah construction projects honored by industry magazine

The Provo 4th District Courthouse has been named the top construction project of 2018 by Utah Construction & Design magazine in its Most Outstanding Projects edition. In all, the magazine handed out 35 awards to 34 projects located in the Beehive State, covering all types of…

CORPORATE FINANCIAL REPORTS - 11-11-18

The following are recent financial reports as posted by selected Utah corporations: People’s Utah Bancorp People’s Utah Bancorp, based in American Fork, reported net income of $10.5 million, or 55 cents per share, for the third quarter ended Sept. 30. That compares with $6.2…

Titus named MarketStar CEO, president and board member

MarketStar, an Ogden-based sales and marketing outsourcing company, has announced that current president and chief operating officer Keith Titus will become president and CEO on Dec. 31. He will also become a member of the company’s board of directors. Titus replaces Dave…

Ski industry expecting strong rebound for upcoming season

By Brice Wallace Last year’s ski season slipped from record skier visit levels the prior two years, but ski industry officials are optimistic that the upcoming season will represent a strong rebound. “I’m looking forward to an awesome ski season,” Nathan Rafferty, Ski Utah’s…

Fewer Utahns think there are plenty of jobs

Fewer Utahns believed that jobs are plentiful in October when compared to September, and as a result, the Zions Bank Utah Consumer Attitude Index (CAI) took a 3.6-point dip for October to 120.5. The CAI has dipped 4.8 points in the past year. In comparison, the national Consumer…

Port board passes budget, sets up panel of advisors

Despite a temporary pause in September over public concern about the project and an ongoing feud with Salt Lake City Mayor Jackie Biskupski, the Utah Inland Port Authority Board resumed meeting late last month to further the process of establishing the mammoth Salt Lake City…

Housing affordability a problem for renters but not for owners

Housing affordability continues to be a concern among Utah consumers, according to a newly released study from the Utah Foundation. But the concern depends on the status of your residence. While only 4 percent of homeowners feel their housing is unaffordable, a full 25 percent…

Goldsmith new CEO, board member at Instructure

Instructure, a Salt Lake City-based software technology company in the education and employee development field, has announced changes in its executive management. Current President Dan Goldsmith has been appointed CEO to replace Josh Coates, who becomes executive chairman of…

Neeleman's new high-tech, low-fare airline will be based in SLC

JetBlue founder David Neeleman is starting another new airline, reports travel website Skift. And it will be based in Salt Lake City. For now, Neeleman is calling the new carrier Moxy, but he said that probably won’t be the name when it starts flying in 2021. He said the airline…

Home prices continue climb, up 9.2% in past year

Salt Lake County home prices continued to climb in the third quarter of 2018, according to a report last week from the Salt Lake Board of Realtors. The median single-family home price in the July-through-September period increased to $355,000, up 9.2 percent compared to a median…

Fields takes over as president of Snowbird

Dave Fields, an 18-year employee of Snowbird who has been the resort’s general manager since 2017, has been named its president. He will retain the title of general manager, the company said. Fields replaces Bob Bonar, who is retiring. Other changes in top Snowbird management…

MarketView: Industrial, retail lead commercial realty boom

Commercial real estate continues to show no signs of letting up along the Wasatch Front, according to the third quarter MarketView report released recently by the Salt Lake City office of CBRE. The report from the commercial real estate firm said the surge is led by the…

CORPORATE FINANCIAL REPORTS - 11-5-18

The following are recent financial reports as posted by selected Utah corporations: Extra Space Storage Extra Space Storage Inc., based in Salt Lake City, reported funds from operations (FFO) attributable to common stockholders and unit holders of $160.6 million, or $1.19 per…

Micron exercises option to buy Intel’s stake in Lehi’s IM Flash

Micron Technology Inc. has announced that it intends to take full control of its IM Flash Technologies joint venture with Intel Corp., including the IM Flash facility that the two companies built in Lehi. The deal’s terms include payment of about $1.5 billion in cash, as well as…

In Utah, 'angels' continue strong support of startups

By Brice Wallace By just about any measure, Utah’s economy is strong. That certainly applies to angel investing. The 2018 Angel Worx Report on investment activity by angel groups and early-stage venture firms in 2017 shows that Utah investment comprised 86 deals totaling nearly…

SilverVue health reporting company merges with Maine's Mingle Analytics

Sandy-based SilverVue Inc. has merged with Mingle Analytics of South Paris, Maine, to form a new firm with a concentration on healthcare practice reporting. The new entity, to be called Mingle Health, will launch a new all-in-one practice management platform that includes…

PetIQ acquires Springville-based HBH Enterprises

HBH Enterprises of Springville, a developer and manufacturer of specialty pet supplements and treats, has been acquired by Eagle, Idaho-based PetIQ. The deal includes $500,000 cash, 400,000 shares of PetIQ Class B stock and the repayment of designated HBH debt, according to a…

Shaffer replaces Case at ETC Group

ETC Group, an energy engineering firm specializing in building efficiency based in Salt Lake City, has announced that Spencer Shaffer has been appointed president, replacing Mark Case, the firm’s co-founder and current president who is retiring. Case and his wife, Patti, founded…

Blanding's J.C. Hunt Co. purchased

J.C. Hunt Co., a well-known distributor of fuels, lubricants and cargo services headquartered in Blanding, has been acquired by Cincinnati-based RelaDyne. Hunt does business as BCL Distributing in Southeastern Utah. In a press release, RelaDyne, one of the nation’s largest…

SLC nanotech company buys U.K. counterpart

Salt Lake City’s HZO Inc. has acquired U.K.-based Semblant Ltd., a manufacturer and marketer of protective nano coatings and waterproof technology for electronics. Terms of the deal were not disclosed. HZO was founded in 2009 and manufactures a thin film that is applied by…

Staff

Oct 28

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