Archive

Housing joins gas prices to fuel CPI hike

The Zions Bank Wasatch Front Consumer Price Index (CPI) jumped 0.5 percent from January to February, its largest increase since last April when it also rose a half-point. The change was driven primarily by housing and transportation cost hikes. In the past year, the CPI has…

Staff

Mar 18

Merrill named Small Business Person of the Year

Paul Casper Merrill, CEO and president of Casper’s Ice Cream Inc. of Richmond, has been named by the Small Business Administration as its 2018 Small Business Person of the Year for Utah. Merrill is the grandson of the company’s founder, Casper Merrill. He has been invited to…

Staff

Mar 18

Shops at Fort Union Sold

CCA Acquisition Co. LLC of Los Angeles, an affiliate of Kornwasser Shopping Center Properties LLC, has purchased The Shops at Fort Union, a 689,000-square-foot shopping center in Midvale. The 60-acre development sold for $142 million, according to Ben Brown of Mountain West…

Staff

Mar 18

Biskupski asks Herbert for help on inland port - even after he signs the bill

Brice Wallace Having struck out at the Legislature, Salt Lake City’s mayor has turned to the executive branch of state government to get relief from an inland port bill. {mprestriction ids="1,3"}Jackie Biskupski was scheduled to meet last week with Gov. Gary Herbert about SB234,…

Staff

Mar 18

WVC's Alphacorp aquired

Alphacorp, a West Valley City-based provider of security and fire and life safety systems, has been acquired by Convergint Technologies. Alphacorp was founded in 1992 and employs 60 in its Utah and Idaho operations. {mprestriction ids="1,3"}Convergint is a worldwide provider of…

Staff

Mar 18

Clyde buys Denver-based general contractor

Orem-based W.W. Clyde & Co., a general contractor and civil construction company, has announced its acquisition of Scott Contracting Inc. of Denver. Scott is a general contractor that specializes in construction management and general contracting of earthwork, utility projects,…

Staff

Mar 18

Realty website sees Salt Lake City ready to duplicate Denver's housing boom

Rapid growth in the housing market in Denver in 2015 and 2016 drove the city to become the nation’s top hot housing market. New data from realtor.com show the same patterns occurring in Salt Lake City, leading analysts to think the Utah capital will become the next hot market.…

Staff

Mar 18

New Mexico goes after Vivint

New Mexico Attorney General Hector Balderas has filed a 17-count civil complaint against Utah’s Vivint Solar. The action includes allegations of unfair business practices, fraud and racketeering. Following consumer complaints, Balderas said in a release that an investigation by…

Staff

Mar 18

CORPORATE FINANCIAL REPORTS - 3-19-18

The following are recent financial reports as posted by selected Utah corporations: Profire Energy Profire Energy Inc., based in Lindon, reported net income of $4.4 million, or 9 cents per share, on revenues of $38.2 million for the full year 2017. That compares with a net loss…

Staff

Mar 18

Uncle Sam continues to stick his head in the sand on entitlements

By Veronique de Rugy Social Security and Medicare are the two biggest programs driving the growth of our debt. What’s more, they provide benefits for senior Americans generally, without regard to need. It’s time to change the way we think about these programs. It’s difficult to…

Staff

Mar 18

The battle over tariffs could be Republicans' last stand against Trump

By Fareed Zakaria The tussle over tariffs is the most significant political battle taking place in America right now — much broader than a dispute over steel and aluminum imports. It is the Republican Party’s last stand against a total takeover by Donald Trump. Having ceded…

California's bad laws: The decline and fall of another great American state

By Robert Pembroke California has gone bonkers. My wife and I are on our annual winter trek to sunny California and are experiencing some very weird things down here. California elected officials have decided that they know better than you and I on how to live our lives and are…

Editorial Cartoon: Help Desk

Staff

Mar 18

Industry Briefs - 3-19-18

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. CONSTRUCTION • Premier Pools & Spas, a swimming pool builder, has announced an expansion into…

Staff

Mar 18