Archive

In Utah, 'angels' continue strong support of startups

By Brice Wallace By just about any measure, Utah’s economy is strong. That certainly applies to angel investing. The 2018 Angel Worx Report on investment activity by angel groups and early-stage venture firms in 2017 shows that Utah investment comprised 86 deals totaling nearly…

SilverVue health reporting company merges with Maine's Mingle Analytics

Sandy-based SilverVue Inc. has merged with Mingle Analytics of South Paris, Maine, to form a new firm with a concentration on healthcare practice reporting. The new entity, to be called Mingle Health, will launch a new all-in-one practice management platform that includes…

Staff

Oct 28

PetIQ acquires Springville-based HBH Enterprises

HBH Enterprises of Springville, a developer and manufacturer of specialty pet supplements and treats, has been acquired by Eagle, Idaho-based PetIQ. The deal includes $500,000 cash, 400,000 shares of PetIQ Class B stock and the repayment of designated HBH debt, according to a…

Staff

Oct 28

Shaffer replaces Case at ETC Group

ETC Group, an energy engineering firm specializing in building efficiency based in Salt Lake City, has announced that Spencer Shaffer has been appointed president, replacing Mark Case, the firm’s co-founder and current president who is retiring. Case and his wife, Patti, founded…

Staff

Oct 28

Blanding's J.C. Hunt Co. purchased

J.C. Hunt Co., a well-known distributor of fuels, lubricants and cargo services headquartered in Blanding, has been acquired by Cincinnati-based RelaDyne. Hunt does business as BCL Distributing in Southeastern Utah. In a press release, RelaDyne, one of the nation’s largest…

Staff

Oct 28

SLC nanotech company buys U.K. counterpart

Salt Lake City’s HZO Inc. has acquired U.K.-based Semblant Ltd., a manufacturer and marketer of protective nano coatings and waterproof technology for electronics. Terms of the deal were not disclosed. HZO was founded in 2009 and manufactures a thin film that is applied by…

Staff

Oct 28

NGA Market Snapshot: Commercial real estate still thriving in Utah

Commercial real estate is still thriving as companies inside and outside of Utah look to grow and expand across all sectors within the state, according to the 2018 Newmark Grubb ACRES Market Snapshot for the third quarter released last week. Industrial product saw an increase in…

Staff

Oct 28

Chamber leads mission to Peru

A delegation of nearly 30 Salt Lake Chamber members and business leaders recently traveled to Peru to get a better understanding of Peru’s economy and business climate as well as the country’s trade with Utah. The group returned Oct. 11 following eight days of business-related…

Staff

Oct 28

CORPORATE FINANCIAL REPORTS 10-29-18

The following are recent financial reports as posted by selected Utah corporations: Zions Zions Bancorporation, based in Salt Lake City, reported net earnings applicable to common shareholders of $215 million, or $1.04 per share, for the third quarter. That compares with $152…

Staff

Oct 28

Utah executives have strong but declining sentiment on state’s economic future

Utah’s business leaders continue to be optimistic about the state’s economic outlook but are concerned about three things: their ability to find qualified talent, reasonably priced housing for their employees and the potential disruptions to global trade. That’s the finding of…

Staff

Oct 28

FiberFix purchased by Georgia-based J-B Weld

Marietta, Georgia-based J-B Weld Co., a developer and marketer of adhesives for the do-it-yourself consumer, has purchased the FiberFix business unit from Spark Innovation LLC in American Fork. FiberFix manufactures pre-impregnated repair wraps, repair tapes, specialty adhesives…

Staff

Oct 28

University of Utah engineers develop process to 3-D print human cells

With today’s technology, we can 3D-print sculptures, mechanical parts, prosthetics — even guns and food. But a team of University of Utah biomedical engineers have developed a method to 3D-print cells to produce human tissue such as ligaments and tendons, a process that will…

Staff

Oct 28

Legal Matters: Beware of residual clauses in NDAs for M&A transactions

A nondisclosure agreement (NDA) is typically the first agreement that will be entered into in connection with a potential mergers and acquisitions (M&A) transaction. The NDA is designed to protect the confidentiality of the seller’s technology and proprietary and/or confidential…

Staff

Oct 28

Industry Briefs 10-29-18

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. CONTESTS • Nav , a Draper-based site and app for small-business owners to access their business…

Staff

Oct 28

If the current trade policy is called winning, what would losing look like?

By Veronique de Rugy We were told that if Donald Trump were to get elected, we’d be winning so much that we would become bored with winning. To be fair, some good developments have taken place under this president. A fast-growing economy, a palpable business optimism, a…

What Khashoggi’s murder says about Saudi Arabia - and about America

By Fareed Zakaria The apparent murder of Jamal Khashoggi tells us something important about Saudi Arabia. But it also tells us something important about America. First Saudi Arabia. As has been often noted, Jamal Khashoggi used to be part of the Saudi establishment. Although not…

A killer of the American Dream: The case against occupational licensing

By Robert Pembroke One of Warren Buffett’s key tenants when it comes to investing is to find companies that have a “competitive moat.” My father found such a moat when he was the dealer of record in Utah for 3M’s business products line. Being the exclusive 3M dealer in Utah gave…

Editorial Cartoon: I Am Boring

Staff

Oct 28

Newsletter 10-22-18

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, October 22, 2018 Overcrowding among concerns at Utah Tourism Conference By Brice Wallace While Utah benefits from international travelers wanting an "authentic" American experience, a dip in the U.S.…

Overcrowding among concerns at Utah Tourism Conference

By Brice Wallace While Utah benefits from international travelers wanting an “authentic” American experience, a dip in the U.S. market share for international visitation and concerns about “over-tourism” could spell trouble for the state’s tourism industry. Speaking in Salt Lake…

Ben Stein to keynote Utah Global Forum Nov. 8

The 2018 Utah Global Forum has been scheduled for Nov. 8 at the Grand America Hotel in Salt Lake City. The annual international business event is designed to facilitate the dialogue on how businesses can grow beyond local boundaries and develop an import and export strategy to…

Staff

Oct 21

Utah consumer prices running ahead of nation

Despite a minor drop in Utah consumer prices in September, residents are experiencing price hikes over the past year at twice the rate recorded nationwide. The Zions Bank Wasatch Front Consumer Price Index (CPI) decreased 0.1 percent from August to September on a non-seasonally…

Staff

Oct 21