Archive

$380 million expansion will bring 2,250 jobs for Northrop Grumman

By Brice Wallace A project to help Northrop Grumman Corp.’s rocket-like growth in Utah has gotten a financial boost from the state of Utah. The Governor’s Office of Economic Development (GOED) board, at its January meeting, approved a $59.9 million tax credit incentive over 20…

Procter & Gamble doubling its Bear River City presence

Procter & Gamble will nearly double its manufacturing operations in Box Elder County and add about 220 jobs over the next two decades. The Cincinnati-based company announced in 2007 it would build a $300 million plant near Bear River City that would be the company’s first…

Staff

Jan 19

Evans Bank to open third Utah branch

Burley, Idaho-based D.L. Evans Bank has announced that it will open its third Utah branch in Logan in March. Located at 944 S. Highway 89, the Logan branch will be a full-service location offering a full range of banking products and services with decisions made locally, the…

Staff

Jan 19

VCBO announces promotions

Three principals at Salt Lake City’s VCBO Architecture have been promoted to corporate positions within the leadership structure of the company. Derek Payne has been appointed president of the 40-year-old general architecture and design firm. Payne led the architectural design…

Staff

Jan 19

Are you feeling eco-guilt?

A new report from Lehi-based Vivint Solar finds that 70 percent of Americans feel guilty about wasting energy. The feeling, tabbed “eco-guilt,” is what people get when they know that they could and should adjust their habits to be more "green." The company surveyed a group of…

Staff

Jan 19

Nav appoints Greg Ott CEO, board member

Draper-based Nav, a fintech company that matches business owners with financing options, has appointed Greg Ott as CEO. The company’s board of directors said that Nav co-founder Levi King has stepped down from his role as CEO and has been named executive chairman of the…

Staff

Jan 19

Major development announced for southwest St. George area

Plans have been announced for a new commercial development in St. George’s southwestern neighborhood. Dubbed Commerce Pointe, the development will consist of Class A office, retail and entertainment on a 16-acre site at the intersection of South Bluff Street, Black Ridge Drive…

Staff

Jan 19

Orem's DoxTek bought by Wisconsin firm

Naviant Inc., a consulting firm in Verona, Wisconsin, that specializes in business automation with Hyland and Kryton Systems software, has acquired DoxTek of Orem. DoTek is a business automation process automation provider that also is a licensed reseller of the Hyland products.…

Staff

Jan 19

Entertainment center coming to Herriman

A 48,000-square foot entertainment and dining development has been announced for Herriman. Set to begin construction in early spring and open open in early 2021, the center will include full-service dining, technically-advanced bowling, interactive laser tag, virtual reality…

Staff

Jan 19

Ivanti appoints new CEO, announces other key hires

South Jordan-based Ivanti has shuffled its top executives and added some key hires, the comp-any announced in a recent release. The firm, which produces software for IT security, IT service and asset management and supply chain management, was formed in January 2017 with the…

Staff

Jan 19

UTAH COUNTY UPDATE: Orem: Time passes in the blink of an eye

By Richard F. Brunst Jr. In case you haven’t noticed, a lot has happened in Orem during the past six years. As the mayor of Orem, I would like to give an update on a few of these happenings. In 2014, the Orem City Council passed a Community Dev-elopment Agreement (CDA) with…

Succeeding in Your Buisness: Take note of these tax law changes for 2020

By Cliff Ennico Each year brings new changes to our Byzantine tax system, and 2020 is no different, with recent federal and state laws making the tax landscape more challenging than ever for small businesses and their owners. Here are some tax law changes you need to be aware of…

Editorial Cartoon: Embezzlement

Staff

Jan 19

Industry Briefs 1-20-20

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. ACCOUNTING • Tanner LLC , a Salt Lake City-based certified public accounting firm, has promoted…

Staff

Jan 19

Once again, government-subsidized projects fail to deliver on promises

By Veronique de Rugy In June 2018, Pres. Donald Trump attended the groundbreaking ceremony for a Foxconn factory in Wisconsin. Ever exuberant in his comments, he called the project the “eighth wonder of the world” and “one of the great deals, ever.” Always a bragger, his praise…

Trump's foreign policy seems impulsive, reckless, unplanned, inconsistent

By Fareed Zakaria Three months ago, Donald Trump suddenly withdrew American forces from northern Syria that were, in part, thwarting Iran’s efforts to dominate the country, declaring, “Going into the Middle East is one of the worst decisions ever made in the history of our…