Archive

UIPA considering a second satellite port in Spanish Fork

Brice Wallace Fresh on the heels of approving a plan for an inland port near Cedar City, the Utah Inland Port Authority is considering doing the same for land in Spanish Fork. While the Cedar City project area contains 899 acres, the proposed Spanish Fork area would consist of a…

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Costner's 'Horizon' adding $75M to film impact in Utah

Washington County will get an influx of $75 million as Kevin Costner continues his “Horizon: An American Saga” western film series there. The next two films of the four-movie series will be shot in the county and are among several projects approved for economic incentives by the…

Staff

May 21

Go Utah incentivizes 500+ jobs: Leitner-Poma factory coming to Tooele Co.

Brice Wallace An aerial lift manufacturer will get some assistance from the state to build a $35 million manufacturing plant in Tooele. Leitner-Poma of America, based in Grand Junction, Colorado, was approved for a tax credit incentive of up to $6.53 million over 10 years by the…

Utah Co. to have office of employee benefits co.

Brice Wallace Human Interest Inc. is interested in having more than 300 humans in a Utah County office in the next five years. Founded in 2015, the San Francisco-based company offers 401(k) and 403(b) plans as it seeks to make it easy for small and medium-sized businesses to…

Huntsman Institute grows to more than 1M sq. ft., opens Kathryn F. Kirk Center

The Huntsman Cancer Institute at the University of Utah has opened the Kathryn F. Kirk Center for Comprehensive Cancer Care and Women’s Cancers. The new center has an entire floor dedicated to breast and gynecologic cancers and additional space for treatment of blood and marrow…

HireVue acquires Ohio firm

South Jordan-based HireVue, a video interviewing, assessments and text-enabled recruiting provider, has acquired Modern Hire, an intelligent hiring platform based in Cleveland, Ohio. “The acquisition of Modern Hire marks a new era in hiring, providing organizations with an…

Down payments way up since pandemic lows

New research from Realtor.com has found that the typical down payment on a home in America has increased by more than $10,000 from the first quarter of 2020 until the first quarter of 2023. As pandemic-era savings have dwindled and the housing market has become less competitive,…

First-time homebuyer assistance launches in July

Utah’s new $20,000 first-time homebuyer assistance program created by the state’s Legislature earlier this year is set to roll out in the beginning of July. The Utah Housing Corp. will administer the program and said the assistance will be available for funding shortly after…

Corporate Financial Reports 5-22-23

The following are recent financial reports as posted by selected Utah corporations: Purple Purple Innovation Inc., based in Lehi, reported a net loss of $23.3 million, or 24 cents per share, for the first quarter ended March 31. That compares with a loss of $13.6 million, or 20…

Succeeding in Your Business: To the baby boomers: Something wicked this way comes

Cliff Ennico Being cooped up in a New England house this time of year isn’t fun. It’s all rain, mud and washed-out blossoms covering the streets and driveways. To live up here one must have a rich interior life. If you don’t have a Netflix subscription, books become really…