Archive

81

Dec82

Top Stories

IPOs signal booming technology industry - and it's just beginning

By Brice Wallace Pluralsight Inc. recently became a public company. Get ready for more of the same. During a discussion about the future of Utah’s technology sector at a recent tech industry gathering, one panelist predicted that several more Utah tech companies will have…

Brice Wallace Pluralsight Inc

Jun 9

Report: The role of Utah’s sales tax is declining

Sales tax was once the largest source of public revenue in Utah, but in recent years, income and property tax revenues have overtaken sales taxes in importance. This is among the findings in Utah Foundation’s new report, “The Everyday Tax: Sales Taxation in Utah,” published last…

Utah Valley rebrands its convention & visitors bureau

Utah Valley Convention and Visitors Bureau has changed its name and vision, according to a recent release from the organization. The bureau will now be known as “Explore Utah Valley,” a branding that the group says captures “the true spirit of this county located in the heart of…

Henry Day Ford acquired by Garff Automotive Group

Two iconic Utah car dealerships — both more than 70 years old — are now one. Ken Garff Automotive Group has purchased Henry Day Ford of West Valley. The deal closed June 1 and financial details were not disclosed. “We whole-heartedly welcome the Henry Day dealership, its…

Sego Awards honor state's female founders and CEOs

The list of 2018 Sego Award winners recently was announced. The awards program is designed to create visibility for female founders and chief executive officers. Recipients and finalists were honored in May at a ceremony at Sundance Mountain Resort. The awards were created by…

Biomerics buys Texas catheter manufacturer

Biomerics LLC, a medical device contract manufacturer headquartered in Salt Lake City, has acquired FutureMatrix Interventional Inc. (FMI) of Athens, Texas. FMI specializes in the design and manufacture of interventional catheters for the cardiovascular and urinary markets. “We…

Sorensen tabbed to lead South Jordan's Ivanti

Ivanti, a South Jordan-based IT security software company, has announced that it has expanded its executive leadership team by hiring Scott Sorensen to fill the newly created position of president and chief operating officer (COO). Sorensen joins the company’s management team,…

NAIOP names new board, Elldredge as president

The Utah chapter of the commercial real estate development organization NAIOP has announced its new leadership team. The association named Angela Eldredge of Price Real Estate as presient and Vinnie Figlioli of Harris Cos. as president-elect. “Our market and organization has…

Hughes' self-appointment leads list of those named to inland port board

When the state Legislature passed SB234 that created the Utah Inland Port Authority board, it set June 1 as the deadline for the various entities that have board members to make their selections. Last week, the initial board members were named. One of those with an appointment…

Crewe Capital names Urcan as firm's president

Crewe Capital LLC, a Salt Lake City-based investment banking and advisory firm, has announced that that Eugene E. Urcan has joined the firm as president and head of investment banking. Urcan brings a career of management and transaction investment banking experience to Crewe…

CORPORATE FINANCIAL REPORTS - 6-11-18

The following are recent financial reports as posted by selected Utah corporations: HealthEquity HealthEquity Inc., based in Draper, reported net income of $22.6 million, or 36 cents per share, for the first quarter ended April 30. That compares with $14 million, or 23 cents per…

Foxley: Facebook's Eagle Mountain project a huge win for Utah

EDITOR’S NOTE: Following the recent announcement that social media giant Facebook will build a $750 million, 970,000-square-foot data center in Eagle Mountain, Theresa Foxley, president and CEO of the Economic Development Corporation of Utah (EDCUtah), posted this report…

Conducting your company's business on a public network is a big IT blunder

By David Black In today’s digital jungle, formally known as the World Wide Web, looms the threat of having sensitive information being stolen by omnipresent hackers who are lurking around every corner, waiting for their opportunity to pounce. Using a virtual private network…

David Black In

Air travel protectionists’ wings clipped by open-skies agreement

By Veronique de Rugy Though competition is great for consumers — as they get more and better goods and services for less money — some companies dislike the constant pressure it creates for them to stay ahead. When that’s the case, it’s no surprise when they call on the…

Fareed Zakaria The Republican

Bannon: Midterms to determine if you're with Pelosi or with Trump

By Fareed Zakaria The Republican Party is facing dim prospects in the upcoming midterm elections. But it doesn’t have to be that way, says Steve Bannon, the chief ideologist of the populist wave that brought Donald Trump into the White House. “If the Republicans continue on the…

‘Overutilization’ is the culprit in high healthcare costs, say my doctor friends

By Robert Pembroke Years ago, I went to my doctor for my annual physical. He sent me across the street to the hospital to have blood tests performed. He later reported to me the results of 12 tests. That fall, Medicare capped the fees on some of the procedures that they paid…

Robert Pembroke Years

Industry Briefs

Industry Briefs - 6-11-18

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. ASSOCIATIONS • The Utah Valley Convention & Visitors Bureau has changed its name to Explore Utah…