Archive

Defense spending plays vital role in Utah's economic health

Defense spending in Utah creates a huge economic impact for the state, according to a new report from the Kem C. Gardner Policy Institute at the University of Utah. Huge — to the tune of $9 billion and 109,000 direct or indirect jobs, the research shows. The impact on the…

Staff

May 15

Incentives mean 600-plus jobs for 3 companies

Three companies have committed to expanding in Utah and are expecting to add a total of up to 624 jobs to the state during the next few years. Varo Money Inc. will bring 331 jobs to Salt Lake County over five years in a $2.8 million project. Litehouse Inc. will expand its…

Staff

May 15

UTC looking for new leader as well as a 'rebranding and refreshing'

The state’s largest industry association is undergoing some change. The Utah Technology Council (UTC), representing 6,000 technology companies in the state, is looking for a new chief executive officer and is undertaking a “rebranding and refreshing,” including honing its…

Staff

May 15

Varex acquires imaging firm

Salt Lake City-based Varex Imaging Corp. has acquired the medical imaging business of PerkinElmer Inc. of Santa Clara, California. PerkinElmer develops, manufactures and sells digital detectors that are components in medical and industrial X-ray systems. The sale price was…

Staff

May 15

Savage buys coal reclamation cos.

Savage, a privately owned supply-chain solutions and industrial services company based in Salt Lake City, has purchased Abingdon, Virginia-based Gobco LLC and Power Fuels LLC. Financial terms were not disclosed. The two acquired companies are active in coal reclamation in…

Staff

May 15

Lack of skilled workers still major concern for Utah companies, report says

Utah’s unemployment rate (3.1 percent) and job growth (3.2 percent) are among the best in the nation. Still, many businesses report difficulty finding as many qualified workers as they need to fill available positions, according to a new research report the non-partisan Utah…

Staff

May 15

Quality 1 joins ERA Consolidated

St. George-based ERA Brokers Consolidated has acquired Quality 1 Realty in Mesquite, Nevada, according to a release from Quality 1 owner Angela Brooks-Reese. She said her company will become the Quality 1 Team at ERA Brokers Consolidated. The combination of the two companies…

Staff

May 15

Hamlet opens new community

Hamlet Homes, a Murray-based home builder, has opened a 74-unit residential development in Riverton. The opening of Cardon Square was marked by a recent realty agent-exclusive open house followed by a public ribbon-cutting. Riverton Mayor Bill Applegarth joined Hamlet officials…

Staff

May 15

Energy office to launch update to C-PACE clean energy financing program

This month, the Utah Governor’s Office of Energy Development (OED) will launch an updated version of Utah’s Commercial Property Assessed Clean Energy (C-PACE) financing program. With the help of a substantial stakeholder group, OED introduced a proposal in the 2017 legislative…

Staff

May 15

Eric Heiden opens sports science clinic in Park City

Five-time Olympic gold medalist and orthopedic surgeon Dr. Eric Heiden has opened the Heiden Institute of Sports Science and Human Performance in Park City. Heiden decided to establish the institute “after years of envisioning a comprehensive program encompassing sports…

Staff

May 15

CORPORATE FINANCIAL REPORTS 5-15-17

The following are recent financial reports as posted by selected Utah corporations: Varex Varex Imaging Corp., based in Salt Lake City, reported net income of $15 million, or 40 cents per share, for the second fiscal quarter ended March 31. That compares with $14.7 million, or…

Staff

May 15

The fear-based campaign to establish government control of the Internet

By Veronique de Rugy Public fear is an ally of big government. When fear sets in among the populace — often with encouragement from self-interested politicians — the result is usually an expansion of governmental power and a loss of individual rights. Politicians typically stoke…

The Trump effect: Impact of president on foreign policy of other countries

By Fareed Zakaria There has been much focus on Donald Trump’s erratic foreign policy — the outlandish positions, the many flip-flops, the mistakes. But far more damaging in the long run might be what some have termed "the Trump effect" — the impact of Trump on the domestic…

Social Security: When is the right time to apply for your benefits?

By Mark Lund Now or later? When it comes to the question of Social Security income, the choice looms large. Should you apply now to get earlier payments or wait for a few years to get larger checks? Consider what you know — and don’t know. You know how much retirement money you…

Business Tech: Plenty of options when picking the right cloud service for your business

By Mike Herrington There are many different types of cloud offerings on the market today and the plethora of options leave many business owners scratching their heads over which one is the right fit for their business. There are public, private, hybrid and boutique cloud…

Editorial Cartoon - Good Driver

Staff

May 15

Making a diference: Truckers Against Trafficking puts millions of eyes on the lookout for victims of modern-day slavery

By Frances Johnson Truckers across Utah — and the country — might soon be adding a new title to their resumes: hero. The Utah Trucking Association (UTA) has partnered with non-profit organization Truckers Against Trafficking (TAT) to join the fight against human trafficking. TAT…

2017 State of Trucking Report: The swinging pendulum that represents our industry

By Eric Myers As I tend to do before writing this article each year, I look at what I wrote last year. I generally don’t make a lot of predictions, but I see that at the end of my article last year I predicted a moderate uptick in trucking metrics. At the time, I had no idea…

Utah fits mold for a good import/export container market

By Michael Stockwell We see them parked at distribution centers and out on the highways. We see them double-stacked on top of each other, making up a mile of train length running through Utah. What are they? They are ocean containers and they either came off of — or are going to…

Utah's transportation system becoming a model for other states

By Abby Osborne This week, the Salt Lake Chamber’s Utah Transportation Coalition will join other leaders around the nation for National Infrastructure Week in recognition of the importance of infrastructure — especially Utah’s state-of-the-art transportation system. Our state…

Infrastructure Week 2017: A time to build

Roads, bridges, rails, ports, airports, pipes, the power grid, broadband — it is all infrastructure. It affects our daily commutes and our summer vacations. Infrastructure determines if we can drink water straight from our taps and flush our toilets. It brings electricity into…

Staff

May 15

IT for the trucking industry in an ELD world

By Bahar Sharifan As the Dec. 18 deadline fast approaches for many carriers and drivers to meet the electronic logging device (ELD) mandate, many companies are — or should be — using this time to review internal IT practices. The mandate will result in companies previously…