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Utah uranium mine first in nation to benefit from Trump-ordered speedy environmental review

The Velvet-Wood uranium and vanadium mine in San Juan County’s Lisbon Valley could be producing uranium soon as its environmental review is due to be completed as part of the accelerated permitting process mandated by the Trump administration. Photo: Anfield Energy. John Rogers…

John Rogers

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Dec59

SLBJ

Top Stories

‘Be calm,’ panelists urge Utah companies affected by tariff issues

Higher prices. Supply chain woes. Potentially damaged relationships with trading partners. Whatever the detrimental impacts of higher tariffs are on Utah businesses, at a recent gathering of executives with tariff concerns, the least-prominent vibe was “panic.” Indeed, despite…

Staff

May 24

Innovative mental health treatment is changing lives

NeuroHealth is transforming the conversation around mental health therapy. In just over two years, the clinic has become a revolutionary option for patients battling treatment-resistant depression, obsessive-compulsive disorder or anxiety. Under the guidance of board-certified…

Peri Kinder

Cooper Savas joins Top 20 accounting firm

Armanino, one of the 20 largest independent accounting and business consulting firms in the U.S., has acquired Salt Lake City-based accounting firm Cooper Savas LLC. It will be the San Ramon, California-based company’s first entry into the Utah market. Founded in 2011, Cooper…

Draper’s Scalar LLC acquires Israeli consulting firm

Scalar LLC, an independent business evaluation firm based in Draper, has acquired Jonathan Lubick Consulting, a business transfer pricing and valuation firm based in Tel Aviv, Israel. Lubick Consulting brings a wealth of knowledge and expertise to Scalar, with a team of seasoned…

University of Utah announces $25 million gift from Marriott Foundation to launch J.W. Marriott Jr. Institute

The University of Utah has announced the establishment of the J.W. Marriott Jr. Institute at the school, made possible by a $25 million gift from the J. Willard and Alice S. Marriott Foundation. The new program is designed to help students across diverse disciplines to develop…

EnergySolutions lands Navy contracts for Nuclear Propulsion Program

EnergySolutions, a nuclear services company headquartered in Salt Lake City, has been awarded two new U.S. Navy indefinite-delivery, indefinite-quantity (IDIQ) contracts to support waste management operations across multiple Naval Nuclear Propulsion Program (NNPP) sites. These…

Economic Dashboard: Utah’s economy continues to show resilience

Economic resilience and a strong labor market continue to be hallmarks of Utah’s economy, according to the April 2025 Roadmap to Prosperity Economic Dashboard, recently released by the Salt Lake Chamber in partnership with the University of Utah’s Kem C. Gardner Policy…

UHIN announces inaugural cohort of health care startups

The Utah Healthcare Innovation Network (UHIN), a collaborative initiative aimed at accelerating the growth and success of health care startups in Utah, has announced its first cohort of promising health care startups to be invited into the program. The announced participants…

Scott Holley appointed director at Lassonde Entrepreneur Institute

The Lassonde Entrepreneur Institute at the University of Utah has a new leader. Scott Holley has been named executive director of the institute, which is part of the university’s David Eccles School of Business. He succeeds Troy D’Ambrosio, the institute’s founding executive…

GOEO announces recipients of Governor’s Science & Technology Medals

The Utah Governor’s Office of Economic Opportunity (GOEO) has announced the recipients of the 2025 Governor’s Medal for Science and Technology award. The honorees were presented with their awards by Lt. Gov. Deidre Henderson at a ceremony and dinner at This is the Place Heritage…

INNOVATE UTAH 5-26-25

Provo-based Vanderhall Motor Works Inc. , a designer and manufacturer of all-electric vehicles, has introduced its 2025 Brawley adventure vehicle . The Brawley, now available to regional customers, is a four-seat off-road vehicle that is “poised to redefine the outdoor driving…

MAG Capital Partners portfolio company Superior Concrete Products acquires AFTEC

Dallas-based MAG Capital Partners, through its portfolio company Superior Concrete Products, has acquired Advanced Forming Technologies LLC (AFTEC), based in Salt Lake City. AFTEC is a designer and manufacturer of precast concrete wall forming systems and a U.S. supplier of…

Sky Zone appoints Hoffmann new CEO

Sky Zone, a Provo-based operator and franchisor of indoor activity parks, has announced that David Hoffmann has been named its new CEO, effective June 2. Hoffmann succeeds Shawn Hassel, who will become chairman of Sky Zone’s board of directors. Sky Zone owns or franchises over…

S&S Mechanical bought by Washington group

The SEER Group, a collection of residential and commercial HVAC, electrical and plumbing companies based in Lynwood, Washington, has acquired S&S Mechanical, a St. George HVAC and plumbing company serving Southern Utah and nearby areas of Arizona and Nevada since 1983. Led by…

Ryan Dalling named president of Geneva Rock

Taylorsville-based construction conglomerate Clyde Companies has appointed Ryan Dalling as the new president of its subsidiary Geneva Rock Products. He replaces Jay Ritchie, who is retiring. “Ryan has an ideal combination of extensive business acumen and exceptional relationship…

Century Fire Protection acquires two Utah-based companies

FirstService Corp. of Toronto, Canada, through its subsidiary Century Fire Protection, has acquired TST Fire Protection Inc. and Alliance Fire & Safety, two related fire protection companies based in Utah. FirstService Corp. is a North American services-sector firm serving its…

Astra Tower opens in downtown SLC

Astra Tower, Utah’s tallest building and Salt Lake City’s newest skyline-defining address, opened with a ribbon-cutting ceremony earlier this month, hosted by its developers, Kensington Investment Co. At 41 stories and 451 feet, the mostly residential building features 377…

Utah continues steady year-over-year job growth

The Utah and national unemployment rates held steady in April, although Utah experienced job growth of an estimated 2.1 percent during the past 12 months. Figures released by the Utah Department of Workforce Services show Utah added 36,000 jobs in nonfarm jobs since April 2025,…

The State of the Industry: An Outdoor Recreation Roundtable

The Business Journal recently convened a gathering of outdoor recreation industry leaders for a roundtable discussion at the Salt Lake City offices of law firm Maschoff Brennan. This was just after President Donald Trump proposed very high tariffs on imports. The following text…

Corporate Financial Reports 5-26-25

The following are recent financial reports as posted by selected Utah corporations: Green Dot Green Dot Corp., based in Provo, reported net income of $25.8 million, or 47 cents per share, for the first quarter ended March 31. That compares with $4.8 million, or 9 cents per…

Trucordia acquires Huffman Insurance of Virginia

Trucordia, a Lindon-based insurance brokerage with a nationwide presence, has announced its acquisition of Huffman Insurance, a provider of personal and commercial insurance solutions with offices across Virginia, including locations in Lexington, Staunton and Covington. “We’re…

Industry Briefs 5-26-25

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice.w@thecityjournals.com . BANKING • TAB Bank , based in Ogden, has structured a $3 million factoring line of credit for CNC Precision Machine Inc. to improve cash flow for…

People on the Move 5-26-25

People on the Move information may be sent to brice.w@thecityjournals.com . BANKING • D.L. Evans Bank , with 39 branches across Idaho and Utah, has promoted Ron Wolfe to senior vice president/chief banking officer. He will be responsible for the oversight and supervision of…