Archive

Oil cos. to spend big, create jobs in Uintah Co.

Brice Wallace A pair of oil and gas production companies are expected to create hundreds of jobs and invest $480 million in projects near Vernal over the next decade. Greenfield Energy LLC and Heavy Sweet Oil LLC made the announcements after being approved for a pair of state…

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Dec39

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Interest rates are taking toll on Utah home sale numbers

Rising home mortgage interest rates have apparently put the brakes on home sales in Utah. Sales of all housing types fell to 1,344 transactions in June in Salt Lake County, the lowest number for a June month in a decade and 27 percent lower than sales in June 2021, according to…

Staff

Jul 24

Development partner named, plans unveiled for Draper's '15-minute city'

Brice Wallace A “15-minute city,” The Point will have The Hub that will have The Focal Point. That may seem like gobbledygook, but it’s actually code words used to describe characteristics of The Point, an innovation hub that will rise on 600 acres of state-owned property at the…

Goldman Sachs survey finds small business facing unprecedented challenges

Global financial services giant Goldman Sachs has released new survey data that quantifies the challenges facing the small-business community more than two years since the start of the COVID-19 pandemic. The new “Summit Survey” finds an overwhelming majority of small-business…

Utah Tree Works purchased

SavATree, a Bedford Hills, New York-based landscape maintenance company, has acquired Utah Tree Works, a residential tree care service based in Orem and serving the Wasatch Front. The merger marks SavATree’s second office in the state. It also has an office in Park City. Utah…

Pluralsight names Goyal as president/COO

Pluralsight, a Draper-based technology workforce development company, has announced the appointment of Somit Goyal as president and chief operating officer. Reporting to Pluralsight co-founder and CEO Aaron Skonnard, Goyal will be responsible for overseeing the development and…

Dallas-based Integrity Marketing buys SLC's Legacy Insurance

Integrity Marketing Group LLC, a life and health insurance broker and wealth management and retirement planning solutions provider based in Dallas, has acquired Legacy Insurance and Financial Services. Legacy is an independent marketing organization and financial services…

Nomi Health buys healthcare administrator, surgery centers

Nomi Health, a direct healthcare provider based in Orem, has acquired Everyone Health of Tulsa, Oklahoma, and Phoenix-based Sano Surgery. Nomi bought the sister companies for $26.5 million. Everyone Health has agreements with self-funded employers and third-party administrators…

Succeeding in Your Business: If you own a business, these clauses need to be in your will

Cliff Ennico I realize your column is for people who own their own businesses. That’s not me, but I need your help. I am an attorney in a small Midwestern town who specializes in wills and estates. A client of mine, who owned a local franchised business, recently died and I am…

Americans warming up to EVs

Fueled by rising gas prices and a desire to be more environmentally conscious, Americans are becoming more interested in electric vehicles (EV), according to AAA’s latest consumer survey. The study found that one-fourth (25 percent) of Americans say they are likely to buy an EV…

PCF Insurance buys Andreini & Co.

Lehi-based PCF Insurance Services (PCF), a national insurance brokerage firm, has acquired Andreini & Co., a full-service insurance agency based in San Mateo, California. Financial details were not disclosed. Founded in 1951, Andreini & Co. offers a complete spectrum of…