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The Archive

Archive

More than 9,000 stories of Utah business reporting, 2011–2026. Search the full archive, or browse by date and section.

For archival purposes, all images have been removed from stories older than one year.

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22 results from October 24, 2021Clear all ✕

Tech notables: Utah has what it takes for success in tech world

By Brice Wallace A pair of heavy hitters in the tech industry praised Utah and its tech community during the recent Silicon Slopes Summit. Tim Cook, CEO of Apple, and Steve Ballmer, former CEO of Microsoft, took the stage during the two-day event and complimented the state, with…

BWBrice Wallace

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SLBJ

Top Stories

Report: Half of Utah families can't afford a mid-priced home

The “State of the State’s Housing Market” report, released recently by the Kem C. Gardner Policy Institute, shows that more than half of Utah’s households are now unable to afford the median-priced home. For renters, the path to ownership narrowed further. In 2019, approximately…

Staff

Oct 24

Ski lift maker to increase Utah presence, add jobs

By Brice Wallace A company that whisks skiers to mountaintops will get a financial lift from the state as it expands its operations. Leitner-Poma of America Inc. (LPOA) and its affiliates will add 118 jobs over the next decade as it increases its manufacturing capabilities. Part…

BWBrice Wallace

FEMA keeps sending Utah C-19 funds Ð this time $10M for Dept. of Health

The U.S. Federal Emergency Management Agency has approved more than $10 million in additional public assistance funding for the COVID-19 response in Utah. The assistance was made available under a major disaster declaration issued April 4, 2020. FEMA has provided more than…

Salt Lake City to receive $85 million in American Rescue Plan funding

Salt Lake City has been designated to receive nearly $85 million from the American Rescue Plan, the $1.9 trillion economic stimulus package sponsored by the Biden administration and passed into law in March. The money will arrive in two installments over the next year, Mayor…

Downward trend for ACT tests worsened by COVID; Utah does OK

Eleven percent fewer Utah students took the ACT college entrance exam between the graduating class of 2020 and that of 2021, a trend that began before — but was exacerbated by — the COVID-19 pandemic, according to ACT CEO Janet Godwin. The good news is that Utah students’…

Canada & Mexico borders opening in Nov. for nonessential travelers

The United States land borders with Canada and Mexico have been largely closed to any nonessential crossings since the early days of the COVID-19 pandemic. The 19-month freeze on travel is now due to end in November for fully vaccinated foreign nationals, according to a release…

J&J and Moderna vaccine boosters in FDA pipeline and pending approval

With early COVID-19 vaccine recipients now receiving a third Pfizer booster shot and a one-half dose of the Moderna vaccine awaiting FDA approval as a booster, the U.S. Food & Drug Administration (FDA) vaccine advisory group has approved a booster dose of Johnson & Johnson (J&J)…

Once considered by Utah, vaccine incentive lotteries didn't work well

Lotteries with large cash prizes as an incentive to get the COVID-19 vaccine have not seemed to work in states where they were tried, according to a study published in JAMA Health Forum. The lottery drawings were once considered in Utah but were eventually nixed by state…

Smith tells Silicon Slopes Summit audience about changes he plans for the Jazz brand

By Brice Wallace By the time you read this, the Utah Jazz season is underway and the team may have worn a new uniform design. But whether new uniforms happened already or not, expect it to occur at some point. And it will be among many other changes for the NBA franchise,…

BWBrice Wallace

SimpleNexus buys LBA Ware

Lehi-based SimpleNexus, a developer of a homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has announced its acquisition of Macon, Georgia-based software firm LBA Ware. The acquisition is SimpleNexus’ first. “Bringing LBA Ware into…

Executive confidence dips despite job growth

The Salt Lake Chamber’s second quarter CEOutlook, released recently, shows forward progress in job growth but a slight dip in confidence levels from the first quarter. While executive confidence remains high in Utah, the taper-off signals some caution for the short-term…

Barrette acquires Nephi's NVP

Barrette Outdoor Living Inc. a Cleveland, Ohio, outdoor living products company, has acquired National Vinyl Products (NVP), a family-owned and operated vinyl fence and railing manufacturer based in Nephi. “As part of its mission to offer diverse, flexible outdoor solutions that…

SunPower buys Blue Raven Solar

Blue Raven Solar, a residential solar energy company based in Orem, has been purchased by SunPower Corp. of San Jose, California. SunPower, one of the nation’s largest solar suppliers, will pay up to $165 million in cash, depending on certain metrics found at closing. Blue Raven…

Neovest appoints Shah as CEO

Neovest Inc., an Orem-based technology company that provides broker-neutral financial services, has announced the appointment of Jimmi Shah as the CEO. Shah previously served as the company’s chief commercial officer. The appointment was announced by the company’s board…

Armada to build manufacturing facility in Utah

Spring Hill, Tennessee-based Armada Nutrition, a contact manufacturer in the nutraceutical industry specializing in powder and capsule applications, has announced plans to open a nutraceutical manufacturing facility in Utah. The new 438,000-square-foot facility will be located…

MWCN tabs Dynamic Blending 'fastest-growing'

MountainWest Capital Network (MWCN) has released its ranking of the 2021 Utah 100, a listing of the state’s fastest-growing companies. The unranked list was announced in August. Dynamic Blending, a Vineyard-based contract manufacturing firm that develops products such as…

Utah’s recovery indicates relative strength, 'though headwinds remain'

The Salt Lake Chamber has updated its Roadmap to Prosperity Dashboard for October. The tool, published in partnership with the Kem C. Gardner Policy Institute at the University of Utah, distributes current economic news, this month highlighting Utah’s job growth, a dip in…

Succeeding in Your Business: Negotiating the ‘letter of intent’ when buying a business

By Cliff Ennico “I am looking to buy a local business. The owner and I have agreed on a purchase price subject to my reviewing his books and records. I was expecting the owner to send me a sales contract for the business, but he sent me something called a ‘letter of intent’…

UTAH COUNTY UPDATE: Lindon: Continuing to plan for great things

By Michael Florence With all of the setbacks from COVID-19, it’s interesting to look back over the past 12-18 months and see where Lindon City thought it would be and where we actually are. Similar to most communities, entitlements and construction projects for both commercial…

MFMichael Florence With

Ten ways to encourage and display compassion for employee mental health

By Angela Civitella The topic of mental health is more important than ever. Thankfully, in the last decade, it has received more and more attention. People are more open about it. The stigma around it is subsiding. With all the great progress we’ve made, there is still more work…

ACAngela Civitella

Industry Briefs

Industry Briefs 10-25-21

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. ARTS/ENTERTAINMENT • Utah Symphony/Utah Opera has appointed Robert Neu as vice president of…

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