Archive

Film production set to bring $45M, 1,700+ jobs to state

Brice Wallace Paramount, the movie company whose logo legendarily is based on Ben Lomond Peak north of Ogden, will spend $40 million and several months this year in Summit County as it produces a series in the state. The untitled project was among three productions approved for…

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Manufacturing firms coming to Utah with significant job gains

Brice Wallace A pair of manufacturing companies will expand into Utah, with each planning to create more than 90 jobs in Tooele and Ogden. Central States Manufacturing Inc., an Arkansas-based roofing and siding materials company, will create 91 jobs in Tooele, while Blue Diamond…

Staff

Jun 19

Sentiment index still signaling consumer uncertainty in Utah

The way Utah’s consumers feel about their current and future economic situation stayed essentially the same from April to May, according to the University of Utah Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. The monthly index fell only slightly — 70.5 to…

State launches initiative to bring high-speed Internet to qualifying residents

Gov. Spencer Cox has announced a statewide initiative to increase awareness of the Affordable Connectivity Program (ACP), a long-term federal benefit program to help eligible households pay for high-speed Internet. The ACP is a $14.2 billion broadband benefit funded by the…

Borboleta names Alexander CEO

Borboleta Beauty, a supplier of lashes and lash extension supplies and education to beauty professionals, schools, salons, spas and consumers, has announced that Mike Alexander has been named CEO. He will also join the Borboleta board of directors. Alexander comes to Borboleta…

Intermountain Health and UofU Health join nationwide healthcare hiring initiative

Intermountain Health, University of Utah Health and 15 health systems across the country have signed the “Impact Workforce Commitment” (IWC) designed to build healthy and equitable local economies through hiring and workforce development programs and policies. The IWC, designed…

Merit Medical acquires two major product lines

Merit Medical Systems Inc., a South Jordan-based manufacturer and marketer of healthcare technology, has announced the acquisition of product lines from two companies that will strengthen its dialysis and biopsy markets position. The company bought a portfolio of dialysis…

Suazo Center receives federal CDFI designation allowing it to make loans

The Suazo Business Center, a Salt Lake City nonprofit dedicated to business and economic development for the region’s Hispanic, Latino and other minority communities, has received certification as a Community Development Financial Institution (CDFI), meaning it can now make…

Becklar acquires Texas firm

Becklar, the Ogden-based parent company of safety monitoring and alarm brands AvantGuard, Armstrongs and Freeus, has acquired Eyeforce Remote Guarding, a provider of video surveillance, remote monitoring and security management for sectors including construction and healthcare.…

Home price growth still slowing

Nationwide year-over-year home prices rose 2 percent in April, the 135th consecutive month of annual growth but the sixth straight month of single-digit gains, according to the recently released CoreLogic Home Price Index. CoreLogic, an Irvine, California-based global property…

Freeport West to develop the ARA Southwest Logistics Center

Freeport West, an industrial property owner and developer based in Salt Lake City, has announced plans to develop the ARA Southwest Logistics Center in the city of Washington, near St. George in Washington County. Located near the city’s southern border and adjacent to the St.…

ARS/Rescue Rooter merges five companies in SLC area

American Residential Services/Rescue Rooter (ARS), a Memphis, Tennessee-based residential heating, air conditioning and plumbing services provider and owner of residential services companies across the nation, has announced that five of its companies operating independently in…

Utah receives $3.2M to help improve train crossings

The U.S. Department of Transportation’s Federal Railroad Administration (FRA) has awarded more than $3.2 million to the state of Utah in Railroad Crossing Elimination (RCE) Grant Program funding. Nationally, the RCE program will provide over $570 million in funding for 63…

Utah among top 10 U.S. build-to-rent markets

The build-to-rent market is booming in the U.S. and Utah is no exception, with 578 units built between 2018 and 2022, according to a new report from RentCafe, a nationwide rental listing service. Build-to-rent (BTR) units are described as single-family homes constructed only to…

Business Banking Update: What’s in a name? Why community banking matters

It can communicate purpose, indicate what the company offers and tell where the business serves. As the business works to build its reputation, the name also becomes an identity. Take Bank of Utah, for example. Its name immediately conveys “Utah financial institution.” Over time…

Succeeding in Your Business Tips on running your business if you're an artist, author, musician, etc.

Cliff Ennico “My husband” is a famous artist but isn’t really good at the business side of things. I’ve just retired from a corporate job and want to help him out. “What’s the best way to set up a business like this one, and what are some of the things I need to know about to…