Archive

Inland Port Authority approves tax incentive for Northwest Quadrant expansion project

Stadler to double size, headcount at Salt Lake City operations Brice Wallace Business Journal A designer and manufacturer of passenger trains is on track to nearly double its operations in Salt Lake City’s Northwest Quadrant. Aided by a tax incentive from the Utah Inland Port…

131

Dec59

SLBJ

Top Stories

23andMe bankruptcy fallout: AG’s office says protect your data

John Rogers Business Journal The Utah Department of Commerce’s Division of Consumer Protection (DCP) and the office of the Utah Attorney General are cautioning Utahns regarding the recent bankruptcy filing by 23andMe, a direct-to-consumer genetic testing company based in Lehi.…

Staff

Apr 5

Salt Lake City International Airport opens first of three sensory rooms

Cassie Goff The City Journals All passengers traveling through Salt Lake City International Airport will now have the opportunity to step away from the noise, stress and crowds that come along with the hustle and bustle of traveling. The Salt Lake Department of Airports’ (SLCDA)…

Sundance decision to leave Utah will have consequences

Tom Haraldsen The City Journals A few years ago, actor Justin Long and I shared a transit ride in Park City while attending the Sundance Film Festival. That’s when he told me why the annual gathering of actors, producers, directors, distributors and other filmmaking…

Training AI tools to minimize human labor in the workplace

Cassie Goff The City Journals Brian Acord, founder of Acord.AI, showed members of West Valley’s local business community how to “Unlock the Power of AI” during a curated workshop by teaching attendees how to make work processes more effective and efficient with new technology.…

Correction

A story about the Box Elder Business Summit in the March 31 edition of the Salt Lake Business Journal misspelled the name of Michael Jeanfreau, senior economist at the Utah Department of Workforce Services.

Corporate Financial Reports 4-7-25

The following are recent financial reports as posted by selected Utah corporations: Clene Clene Inc., based in Salt Lake City, reported a net loss of $39.4 million, or $5.67 per share, for the fiscal year ended Dec. 31. That compares with a net loss of $49.5 million, or $9.43…

Utah-based OliverIQ announces merger with Texas firm

Residential and commercial technology providers SAVI Controls of Carrollton, Texas, and OliverIQ of South Jordan have announced a merger. The newly formed company will operate as SAVI iQ and plans to deliver the first AI-driven, cloud-based automation and support platform for…

Cox vetoes bill that would have allowed property tax revenue for schools to go to state general fund

Gov. Spencer Cox has vetoed a bill from the 2025 Utah Legislature that would have fundamentally changed the way the state looks at property tax revenues. Citing “public trust, sending the wrong message to educators, and accounting and legal problems,” Cox nixed SB37, a…

Career Moves 4-7-25

Career Moves are provided as a free service to our readers. Company news information may be sent to brice.w@thecityjournals.com . ASSOCIATIONS • Helix Electric of Utah LLC , an electrical contractor, has announced that Nathan Goodrich , division manager at Helix, has been…

Industry Briefs 4-7-25

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 closed a $13 million lender finance facility for Capital Foundry , a Pittsburgh-based specialty finance…

From The Coach: A tale of two coaches

It seems almost magical when a great team comes together and extraordinary results occur. How does this magic occur? Is there a process that will increase the likelihood of such an outcome? I think there is. Consider two similar high school baseball teams. Both have a player…

Funding allocations, workers part of fed’s impact on tourism, travel

The federal government keeps people moving into and out of Utah, in the form of funding and employment for national parks and its airports, according to a new study. The amounts include more than $100 million in allocations to Utah’s national park areas and airports annually and…

BioUtah announces pitch competition winners at Life Sciences Summit

BioUtah, a trade association representing the life sciences industry in Utah, has announced the winners of its annual pitch competition held in Salt Lake City. The winners were honored at the recent 2025 Wilson Sonsini Entrepreneur & Investor Life Sciences Summit, presented by…

Work Daze: You have a job, but do you have a chair?

Bob Goldman CEOs are pounding their desktops. “Back to the office!” they cry. “Back to the office, say I!” You really can’t blame them. To a CEO, an employee is not just someone they pay. An employee is someone they own. It was COVID-19 that sent employees sliding into home. Not…

Nostalgic Rainbow Ice makes a comeback

A shaved-ice company founded by Salt Lake City natives Michele and Scott Van Leeuwen in the 1980s is making a comeback under new ownership: Sioux City, Iowa, native Eric Rasmussen and his wife Ali Rasmussen, who called the Rainbow Ice brand “iconically nostalgic” and “holds a…