Archive

At least 2 bills in 2020 Legislature address Inland Port concerns

By John Rogers A bill that tweaks the rules governing the Utah Inland Port Authority is making its way through the 2020 Utah Legislature, currently in session on Capital Hill. SB112 was introduced in the early days of the session by Senate Minority Whip Luz Escamilla, whose…

Huntsman: Utah driven by 'lot of natural zeal'

By Brice Wallace Utah “is at the position of launch,” according to a former governor looking to recapture that position this year. Speaking at VentureCapital.Org’s 2020 Investors Choice Capital Conference, Jon Huntsman Jr. said “we can super-charge this state in the next decade…

Cimarron buys Ascent Behavioral

Cimarron Healthcare Capital, a Salt Lake City-based private equity firm focused on healthcare investments in the lower middle-market, has acquired Ascent Behavioral Health in partnership with Ascent’s management team and investment partners Monroe Capital LLC and Veronis Suhler…

Staff

Mar 2

Salt Lake County Council greenlights Olympia Hills project with zone change

The Salt Lake County Council approved a zone change last week on more than 900 acres in an unincorporated area west of Herriman. The move paves the way for developers to go forward with plans to build the controversial Olympia Hills planned community despite strong opposition…

Staff

Mar 2

Seven Peaks rebrands as Splash Summit

After years of ownership and bankruptcy concerns, the waterpark formerly named Seven Peaks in Provo will open this year with new owners and a new name: Splash Summit Waterpark. “The new brand embodies the organization’s commitment to creating a safe and fun environment for Utah…

Staff

Mar 2

Utah family to develop fit20 in Utah, Arizona

Virginia-based fitness franchising company fit20 has announced the signing of Alexander’s Fitness Co. LLC, as regional developer for the state of Utah. Jeff Alexander, owner of Alexander’s Print Advantage in Lindon, has joined with son Charlie and son-in-law Blake Rapier, who…

Staff

Mar 2

Nutraceutical tabs Sharma CEO

Park City-based Nutraceutical International Corp. has announced the appointment of Monty Sharma as its new CEO. Sharma was most recently president and CEO of Jenny Craig, a weight loss and health industry company in Carlsbad, California. He has also been CEO of multiple other…

Staff

Mar 2

CORPORATE FINANCIAL REPORTS 3-2-20

The following are recent financial reports as posted by selected Utah corporations: Merit Medical Merit Medical Systems Inc., based in South Jordan, reported a net loss of $4.2 million, or 8 cents per share, for the fourth quarter ended Dec. 31. That compares with net income of…

Staff

Mar 2

Succeeding in Your Business: Are you thinking of contributing? Wikis and the law

By Cliff Ennico “I’m widely considered an expert in a particular field and thinking of contributing an article to Wikipedia — the online encyclopedia — as a way of promoting my consulting practice. What are the legal ramifications of contributing to a Wiki, and how do I protect…

Employee engagement is at an all-time high - and here’s why

By Richard Tyson There is good news in the world of employee engagement. Recently, I opened my email to see a headline from the Gallup organization proclaiming that “Employee Engagement is at an All-Time High.” In 2019, Gallup found that the percentage of highly involved,…

Business Tech: Now is a good time to consider the importance of cybersecurity

By Bahar Ferguson With so many cyberattacks in the headlines lately, I want to emphasize the importance of cybersecurity. Our ability to do basic tasks relies on having a safe cyberspace to work in. Day-to-day activities such as opening your emails or entering your password can…

Editorial Cartoon: Locusts

Staff

Mar 2

Industry Briefs 3-2-20

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. ASSOCIATIONS • The South Salt Lake Chamber of Commerce has announced changes to its executive…

Staff

Mar 2

Don't be fooled by Sanders’ claims that economic plan is mainstream

By Veronique de Rugy As Sen. Bernie Sanders looks more and more like the one who may win the Democratic presidential nomination, some tell us that he isn’t the radical leftist others make him out to be. Maybe he’s not even a socialist, despite his own claims. In fact, the…

The trade deficit is soaring under Trump - that’s not necessarily bad

By Fareed Zakaria President Trump’s most consistent case for his own reelection is simple — it’s the economy, stupid. He points to a U.S. economy that is in reasonably good shape, though, of course, nowhere near the “best ever” he claims. Growth has averaged 2.5 percent, a bit…