Archive

RMP proposes customer refund and efficiency charge decrease

Rocky Mountain Power has filed a proposal to issue a one-time refund of approximately $14.5 million and to decrease the customer surcharge for energy efficiency from approximately 3.66 percent to 3.54 percent of customer’s bills. If approved by the Utah Public Service…

Staff

Nov 19

Clarus acquires of skincare firm SKINourishment

Clarus Corp., a Salt Lake City holding company has acquired skincare company SKINourishment Inc. of Wimberley, Texas. Clarus focuses on acquisition of sport-enhancing products and high-growth potential category companies. SKINourishment markets organic, food-grade, plant-based…

Staff

Nov 19

Church to build SLC skyscraper

City Creek Reserve, the real estate arm of the The Church of Jesus Christ of Latter-day Saints, has submitted preliminary planning documents for a major glass office building to be located on the northeast corner of State Street and 100 South in downtown Salt Lake City. The…

Staff

Nov 19

NetDocuments buys Closing Room

NetDocuments, a Lehi cloud-based content services platform for law firms, corporate legal teams and compliance departments, has acquired Closing Room, a deal management application developed by Chicago-based Chapman and Culter Law that streamlines transactional closing…

Staff

Nov 19

Japanese public television comes to Utah

Japan’s English-language public television station is now available to cable and over-the-air viewers in Utah. NHK World-Japan has become available in the Salt Lake City market, thanks to a partnership between NHK World-Japan and KUEN Channel 9. KUEN is an educational…

Staff

Nov 19

SLC ranks No. 1 in nation for office net absorption growth

Buoyed by robust tech-sector employment growth, Salt Lake City ranks first for office net absorption growth among the 30 leading tech markets in the nation, according to commercial real estate firm CBRE’s annual Tech-30 report, which measures the tech industry’s impact on office…

Staff

Nov 19

‘Shop local, dine local’ supports our small-business heroes

By Dan Nordberg Every year after Thanksgiving, Americans kick off the holiday shopping season with big stores advertising deal after deal. Not long ago during the holiday season, Americans would typically visit locally owned small retailers in a downtown area to purchase all of…

CORPORATE FINANCIAL REPORTS

The following are recent financial reports as posted by selected Utah corporations: Nu Skin Nu Skin Enterprises Inc., based in Provo, reported net income of $53.1 million, or 94 cents per share, for the third quarter ended Sept. 30. That compares with $41.7 million, or 76 cents…

Staff

Nov 19

Business Tech:You store food against an emergency; is your IT system ready for a disaster, too?

By David Black We all have either read or actually prepared in some way for natural disaster emergencies at home by storing some water, blankets, food with a long shelf-life and other essentials needed to survive without the basic amenities we are all used to. This is a…

Industry Briefs 11-19-18

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. AGRICULTURE • The Downtown Winter Market has opened at the Rio Grande Depot, 300 S. Rio Grande…

Staff

Nov 19

They keep doing it: Another Republican capitulation on healthcare

By Veronique de Rugy Republicans have established a clear pattern on healthcare. First, they rail against whatever big-government scheme Democrats propose. Then, after a half-hearted and incompetent effort to convince the public of the benefits of a market-oriented system, they…

Is this current wave of nationalism taking the world back to the 1920s?

By Fareed Zakaria When confronting bad news these days, many tend to assume that it’s just a bump on the road and that things will work out. President Obama was fond of invoking Martin Luther King’s assertion that “the arc of the moral universe is long but it bends towards…

They once were the people who would handle money, now they’re being shot

By Robert Pembroke It broke my heart recently watching NPR’s profiling of the victims of the Tree of Life Synagogue shootings in Pittsburgh. I have never seen a group of 11 people with such outstanding backgrounds and kinder faces. Since the shooting I have been trying to read…

Editorial Cartoon: White Wave

Staff

Nov 18

Newsletter 11-12-18

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, November 12, 2018 State incentives enough to get $337M convention hotel going By Brice Wallace After several stops and starts, a long-desired hotel adjoining the Salt Palace Convention Center has a…

State incentives enough to get $337M convention hotel going

By Brice Wallace After several stops and starts, a long-desired hotel adjoining the Salt Palace Convention Center has a state-funding green light. The Governor’s Office of Economic Development (GOED) board last week approved an incentive of up to $75 million in incremental state…

Deal is finally done; Tooele Co. sells motorsports park to Mitime

By John Rogers It’s been more than three years since the Larry H. Miller Group — which built and operated what was originally known as Miller Motorsports Park — announced that it would not be renewing its lease on the tract of land owned by Tooele County on which the $200…

Qualtrics IPO could be Utah's biggest ever

A Provo-based company that develops and markets software that helps companies understand how to keep customers satisfied, is going public. Qualtrics has filed the necessary paperwork with the U.S. Securities and Exchange Commission to raise $200 million through an initial public…

Staff

Nov 12

Utah loses top pollster

Utah’s preeminent pollster has died. Dan Jones, 84, succumbed to congestive heart failure that he had battled for several years, according to his wife, businesswoman and former legislator Pat Jones. Mrs. Jones said that he was surrounded by his family when he died on Nov. 2.…

Staff

Nov 12

WTC Utah awards 10 export grants

World Trade Center Utah (WTC Utah) recently awarded funding to 10 Utah companies as part of the Utah Export Acceleration Grant (EAG). Created to help small and medium-sized businesses actualize their international business goals, the EAG is administered by WTC Utah and made…

Staff

Nov 12

Merit Medical announces plans to grow by 2,400 jobs in next 15 years

A longtime pillar of Utah’s medical device industry will grow by 2,400 jobs over the next 15 years as it expands its headquarters operations. Fred P. Lampropoulos, chairman and CEO of Merit Medical Systems Inc., based in South Jordan, announced the growth plan last week during a…

Staff

Nov 12

Industrial Supply buys SLC's Paxton Production Tools

Industrial Supply Co., a Salt Lake City industrial tool and supply distribution company, has acquired Paxton Production Tools. Paxton has distributed cutting tools from its Salt Lake City base since 1956. “With a combined experience of over 160 years in industrial supply…

Staff

Nov 12