Archive

While most other states' go up, Utah gas price is down

Utah is only one of two states that saw gas prices drop early in April. The unusual situation was attributed to the extraordinary high prices Utah motorists paid in March due to a pipeline disruption. Prices typically move higher in spring because of the higher cost of summer…

Staff

Apr 17

Medical tech's $10M expansion to add 587 jobs

A health data analytics software company will create nearly 590 jobs over the next eight years in a $10 million expansion project in Salt Lake County. Collective Medical Technologies Inc. (CMT), based in Sandy, announced the plans after being awarded a $1.8 million tax credit…

Staff

Apr 17

SBA's SBDC and SLCC to host Utah Crowdfunding Summit 2017 on May 4

The Salt Lake Region Small Business Development Center (SBDC) and the Salt Lake Community College Miller Business Resource Center (MBRC) have announced the third annual Utah Crowdfunding Summit to be held May 4 at the school's Miller Campus. The summit will run from 8:30 a.m. to…

Staff

Apr 17

Youngevity buys New York Mediterranean diet company

Youngevity International Inc. of South Jordan has acquired New York-based BellaVita, a producer of products based on the Mediterranean diet. Youngevity is a global direct sales marketer of nutritional and lifestyle products and a producer of gourmet coffees. The company will…

Staff

Apr 17

GOED-sponsored trade mission returns from Korea, Taiwan

Representative from 20 Utah businesses recently returned from a trade mission to Seoul, Korea, and Taipei, Taiwan. Led by the Governor’s Office of Economic Development (GOED) from March 15-23, the trip provided the participating companies with opportunities for networking and…

Staff

Apr 17

Aquatherm commits to Utah with new headquarters

Aquatherm North America, the U.S. and Canadian subsidiary of polypropylene-random (PP-R) pipe system manufacturer Aquatherm Worldwide, has opened its new 82,000-square-foot headquarters and fabrication facility in Lindon. The new facility replaces the company’s previous…

Staff

Apr 17

Multifamily report released

The Salt Lake City office of real estate services and investment firm CBRE has released its second semi-annual Greater Salt Lake Area Multifamily Market Report highlighting market trends on rental, vacancy and cap rates. The report also contains the activity status on the…

Staff

Apr 17

Steelworkers ratify contract with Rio Tinto

Members of United Steelworkers (USW) Local 392 in Salt Lake City have ratified a new five-year contract with Rio Tinto, which owns and operates the Kennecott copper mining operation in Bingham Canyon. The agreement, which takes effect immediately, includes annual wage increases,…

Staff

Apr 17

Ivanti aquires U.K.-based software company

South Jordan-based IT services provider Ivanti has acquired Concorde Solutions, a provider of SaaS software asset management solutions based in the U.K., with U.S. headquarters in Austin, Texas. In addition to its headquarters in Utah, Ivanti has operations worldwide. The buyout…

Staff

Apr 17

Another deadline on April 28 - Is the sky the limit for the debt ceiling?

By Veronique de Rugy When the national debt ceiling’s suspension was automatically lifted March 15, yet another countdown commenced. Congress will be compelled to raise the government’s borrowing limit again before April 28 and fund the government. Meanwhile, the Congressional…

Trump's Syria action is laudable, but one strike doesn't make a strategy

By Fareed Zakaria There is much to applaud in Pres. Trump’s decision to attack the Bashar Assad regime recently. It punished a regime that has engaged in war crimes against its own people. It upheld an international norm against chemical weapons. It ended Trump’s strange…

Too many people make these common, harmful estate-planning errors

By Mark Lund Many affluent professionals and business owners put estate planning on hold. Only the courts and lawyers stand to benefit from their procrastination. While inaction is the biggest estate-planning error, several other major mistakes can occur. The following blunders…

Compound interest: Applying exponential growth to cash - and to ‘KASH’

By Doug Andrew When I teach audiences across the country about the “Three Marvels of Wealth Accumulation,” I explain the principles the affluent have used for generations: 1. Compound interest, 2. Tax-favored accumulation, and 3. Safe, positive leverage. The first of these…

Business Tech: Bucking the trend: Is BYOD a workable and safe option for your business?

By Mike Herrington “Bring your own device” (BYOD) is a big trend in business technology, and while it has several advantages, there are also some pretty serious challenges associated with it that should be considered before jumping on the bandwagon. Let’s define BYOD a little…

Industry Briefs 4-17-17

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. ASSOCIATIONS • Jason Beardall , president of England Logistics, Salt Lake City, has begun his…

Staff

Apr 17

Utah Mining: It’s time to start celebrating the industry that makes our way of life possible

By Mark Compton True or False: Mining makes every aspect of your life possible. It really is true, though most people never think about the pivotal role mining plays in their daily lives. Mined products are key to the advanced, technological, comfortable and more healthful…

Infrastructure development: Utah takes a page from Trump policies

The Utah State Legislature has joined with the Trump administration to help facilitate large-scale infrastructure development. On Feb. 28, Pres. Trump asked Congress to approve a $1 trillion investment in infrastructure, financed through both public and private capital to create…

Staff

Apr 17

UTAH FOUNDATION REPORT: Coal keeps Utah’s energy costs down, but production is declining

A new research report from the Utah Foundation shows the landscape of the state’s coal industry is changing. Utah produced only about half as much coal in 2015 as it did in 2001, the report said. Still, more than two-thirds of Utah’s electric power is produced in coal-fired…

Staff

Apr 17

Editorial Cartoon - Going Nuclear

Staff

Apr 17