Archive

Layton Construction to join New York's STO Building Group

Sandy-based Layton Construction has become part of STO Building Group of New York City in what the two entities are calling a merger. According to a release from the companies, the deal “will allow both firms to leverage each other’s geographic reach to better serve clients with…

Staff

Dec 15

Chamber speaker: Addiction silence permeates workplace, leads to stigma

By Brice Wallace James Hadlock has zero use for zero-tolerance. A one-time entrepreneurial multimillionaire whose corporate success contrasted with his addiction to drugs, Hadlock believes that companies with zero-tolerance policies to address addiction in the workplace are…

CORPORATE FINANCIAL REPORTS 12-16-19

The following are recent financial reports as posted by selected Utah corporations: Sportsman’s Warehouse Sportsman’s Warehouse Holdings Inc., based in Midvale, reported net income of $10.5 million, or 24 cents per share, for the quarter ended Nov. 2. That compares with $12.4…

Staff

Dec 15

10 firms win Utah Innovation Awards

Ten innovations were winners in the 17th annual Utah Innovation Awards program, presented by Stoel Rives LLP and Silicon Slopes. The program recognizes innovations and the Utah companies that created them. Award recipients are: • Clean Technology and Energy : Robust and…

Staff

Dec 15

PMI's Hart moves to CEO, Itaya becomes president

Lehi-based Property Management Inc. (PMI), a franchisor of property management solutions, has shuffled its top management. Co-founder Steve Hart has moved from company president to CEO and Danessa Itaya, formerly senior vice president, has been promoted to president. The…

Staff

Dec 15

TAB Bank acquires BAMFi’s $46M BAM Capital division

Ogden-based TAB Bank has finalized the acquisition of payment processing services company BAMFi’s BAM Capital division and its $46 million loan portfolio. This is TAB Bank’s fourth completed acquisition of a working capital loan portfolio. As part of the acquisition, TAB will…

Staff

Dec 15

Simplus buys U.K. firm

Salt Lake City-based Simplus, a Salesforce quote-to-cash software advisory, implementation and managed services company, has acquired Clout Partners, a Salesforce partner headquartered in London, England, with a subsidiary in Dublin, Ireland. This will be Simplus’ seventh…

Staff

Dec 15

Facebook's massive Eagle Mountain data center has grown even bigger

When Facebook announced in May 2018 that it was building a 970,000-square-foot, $750 million data center in Eagle Mountain, that was impressive. Last week the technology firm said that it was adding another 500,000-square-foot building to the project, pushing the cost to over $1…

Staff

Dec 15

Succeeding in Your Business: When SAFEs aren’t so safe, Part 2 of 2

By Cliff Ennico A simple agreement for future equity, or SAFE, is a contract between a company and an investor under which the investor puts money into the company in exchange for a promise to issue shares in the future upon the occurrence of a triggering event (usually the…

When love comes calling: Workplace romances are on the rise and, yes, it really does matter to your business in the #MeToo era

By Katheen D. Weron Beginning in 1986, the United States Supreme Court has placed the duty of ending sexual harassment in the workplace on the employer. As a result, most companies have concerned themselves with policies that prohibit unwelcome sexual harassment. Nowadays,…

With a strong corporate culture in place, companies have a better chance of getting through tough times

By Brice Wallace Corporate culture. To some, those words represent the core values that drive a company to success. To others, it’s just the title on a paper pinned to a company bulletin board, leading a list of vague, mumbo-jumbo “values” that are the subject of derision or…

Employers, prepare for a legal battle: Sometimes prevention is not enough to counter retaliation claims

By Karina Sargsian Employers should be aware that in 2020, retaliation claims will likely represent one of their greatest legal risks. In the past decade, retaliation filings have rapidly increased and now make up the lion’s share of claims filed in employment-related lawsuits…

'Biophilia' in the workplace: How about something green?

By Aja Macheel “Self-care” seems to be a consistent topic in the health and wellness industry that suggests we take little moments out of our day-to-day lives to make space for peace, tranquility and pause. No matter what your source of inner peace is, it is universally…

Need to smooth out your operation? There's an app for that

By Bahar Ferguson Sometimes, with all of the fun and entertaining technology around us, it can be hard to remember how helpful technology actually is. It isn’t just here to make our movie nights better or our cars more fun to drive. Technology, at its core, is here to improve…

Editorial Cartoon: Bloomberg

Staff

Dec 15

Industry Briefs 12-16-19

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice@slenterprise.com. The submission deadline is one week before publication. CONSTESTS • Kiln , a Lehi-based, tech-focused, shared-workspace community, will share its title…

Staff

Dec 15

If another CR sounds familiar and irresponsible, that's because it is

By Veronique de Rugy Once again, Congress failed to pass its budget before the end of the fiscal year on Sept. 30. It also failed to do this critical part of its job before the continuing resolution, or CR — which they enacted in September to fund the government— expired on Nov.…

The GOP has become the party of state planning and crony capitalism

By Fareed Zakaria Republicans have rallied to Donald Trump’s defense with a vigor and ferocity that might even have surprised the president. It was only a few years ago that many of them suggested that he was not really a Republican and certainly not a conservative. But now…