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Huge crowds expected for 3-day X Games June event

SLC ONE OF THREE WORLDWIDE SITES Brice Wallace Business Journal More than 100 extreme sports participants will compete in Salt Lake City this summer during the X Games, with the possibility of attracting extremely large crowds. The X Games recently announced that the three-day…

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HydroBlok moving production from China to Tooele County

NEW PLANT WITH 200 JOBS Brice Wallace Business Journal A waterproof building materials company plans to create 200 jobs and invest $20 million in a Tooele County manufacturing plant. Draper-based HydroBlok produces innovative building materials for interior and exterior…

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Mar 9

COX TABS BERRETT TO HEAD FINANCIAL INSTITUTIONS DEPT.

Gov. Spencer Cox has appointed Shaun Berrett as commissioner of the Utah Department of Financial Institutions (DFI). Berrett, with more than two decades of bank supervision and regulatory oversight, must be confirmed by the Utah Senate before taking over the department. He…

Mo’ Bettahs among ACG Utah Deal of the Year awards honorees

The Association for Corporate Growth (ACG), a Utah networking organization for those involved in middle-market mergers and acquisitions and other equity transactions, has named its 2025 Utah Deal of the Year award winners. ACG said the awards are made “recognizing exceptional…

U.S. Synthetic acquired by LongRange

Orem-based U.S. Synthetic Corp. has agreed to be acquired by LongRange Capital, a private equity firm in Stamford, Connecticut. ChampionX Corp. of The Woodlands, Texas, was the previous owner of U.S. Synthetic. Founded in 1978, U.S. Synthetic is a provider of highly engineered…

SL County home sales expect moderate 2025 gains

The Salt Lake Board of Realtors recently hosted its annual Economic Forecast event, featuring insights from leading experts, including James Wood, Ivory-Boyer Senior Fellow at The Kem C. Gardner Policy Institute, and Lawrence Yun, chief economist of the National Association of…

Noone named CEO of FinWise Bank

Jim Noone has been named CEO of Murray-based FinWise Bank by the board of directors of FinWise Bancorp, the parent company of the bank. Noone is currently the president of FinWise Bank and will retain that title. The board also announced that Kent Landvatter will remain chairman…

CHG Healthcare acquires CareerMD

CHG Healthcare, a Midvale-based health care industry staffing agency specializing in physician recruitment, has acquired CareerMD, a career management platform offering both digital and live events to help clinicians find their first job out of training. CareerMD is…

JournaList: Plenty of Utah 'Minor-League' sports options

The Utah Jazz, Real Salt Lake and now the Utah Hockey Club are Utah’s most prominent sports teams because of their status as “major league.” But Utah has several other options for sports fans looking for a good time. The Salt Lake Bees play from late March into September. The…

Chamber Dashboard: Continuing economic pressures test Utah’s fortitude

Economic headwinds continue to plague Utahns but the state continues to show strength in facing those challenges, according to data from the Salt Lake Chamber’s January Roadmap to Prosperity Economic Dashboard. Developed and released in partnership with the University of Utah’s…

Myriad Genetics announces senior leadership change: Raha named CEO

Myriad Genetics Inc., a Salt Lake City-based provider of molecular diagnostics testing, has named Sam Raha, the company’s current chief operating officer, as president and CEO of the company and as a member of the board. The change will be effective April 30. Raha replaces Paul…

Bridor taking its new plant and its 400 jobs from Brigham City to SLC

Brice Wallace Business Journal Bridor, a global food manufacturer, announced last year it would build a production plant in Brigham City. Now the $277 million project will happen in Salt Lake City. The bread and pastry maker still will create about 400 jobs, with the growth…

Salt Lake real estate investment firm acquired in $1.5 billion deal

Salt Lake City-based real estate investment firm Bridge Investment Group Holdings Inc. has agreed to be acquired by Apollo, a New York City private equity firm. The all-stock transaction has a reported equity value of approximately $1.5 billion. Founded in 2009, Bridge deals in…

WORK DAZE: When bad meetings happen to good people

Bob Goldman If you think that being forced to attend a bad meeting is the worst thing that can happen in your workday, I’ve got news. No matter how boring, unproductive and just plain stupid a bad meeting can be — and believe me, they can — the pain you will suffer during the…

INNOVATE UTAH 3-10-25

My Heritage , A Lehi-based platform for family history and DNA testing, has released Ancient Origins , a new product that complements the company’s DNA ethnicity reports. Ancient Origins takes DNA tracing back further in time, thanks to the latest developments in…

Arbinger trends report outlines key factors for building people-first culture

The Arbinger Institute, a Farmington-based leadership and professional development products provider, has released the results of its “2025 Workplace Trends: Building a People-First Culture” report. The study found that 37 percent of professionals reported low morale and…

Former envoy John Price honored by Utah Global Diplomacy

Utah businessman and former ambassador to Mauritius, Seychelles and Comoros, John Price, is among those honored recently by Utah Global Diplomacy. Price received the organization’s highest honor, the Taza Armstrong Peirce Lifetime Achievement Award, in recognition of his…

THE ECONOMIST: How Utahns are working together to reclaim housing affordability

Robert Spendlove For Utahns who want to buy a home — or who hope their children and grandchildren can someday buy a home in Utah — that dream has been slipping further out of reach over the past 10 years. The average home price in Utah has more than doubled over the past decade.…

CORPORATE FINANCIAL REPORTS 3-10-25

The following are recent financial reports as posted by selected Utah corporations: Extra Space Extra Space Storage Inc., based in Salt Lake City, reported funds from operations (FFO) attributable to common stockholders and unit holders of $433.3 million, or $1.96 per share, for…