Archive

Sarcos future of industrial labor is about ready to ship

By John Rogers A year ago, Salt Lake City-based Sarcos Robotics told tech website IEEE Spectrum that it would be ready to ship its powered exoskeleton — that it claims would be the future of industrial labor — by the end of 2019. It seems that the company that has been for…

Slowing housing costs speed up again, according to Zion Bank CPI

The recent trend toward slowing price growth in the housing market ended in November as the sector took its largest single-month hike since May 2018. Housing costs grew by 1.2 percent and was the largest factor in a 0.7 percent jump in the Zions Bank Wasatch Front Consumer Price…

Staff

Dec 22

1-800 Contacts buys Israeli home vision testing startup

Online contact lens retailer 1-800 Contacts has acquired Israel-based 6over6 Vision Ltd., a developer of in-home vision testing technology. Salt Lake City-based 1-800 Contacts said it expects to utilize the 6over6 technology across a variety of its existing businesses and…

Staff

Dec 22

Weave expanding, adding 1,000 jobs

A Utah-based, high-growth company will construct a new building and grow by nearly 1,000 jobs in the next decade. Weave, founded in 2008 and based in Lehi, will expand its operations there, creating 997 new jobs in the next 10 years. The customer communication company made the…

Staff

Dec 22

Fintech's new operations center will bring 1,449 high-paying jobs to Utah

By Brice Wallace A financial technology company has chosen Cottonwood Heights for an operations center that is expected to create 1,449 jobs over the next nine years. BlueVine Capital Inc., based in California, announced the $20 million project after being approved for a $4…

Visible acquires Ohio-based Trade Global

Visible Supply Chain Management of Salt Lake City, a shipping and fulfillment services company for small to midsize businesses, has announced it has purchased the assets of Trade Global out of bankruptcy and has decided to continue operating the business. Based in West Chester,…

Staff

Dec 22

Three-year grant will expand composites training program from Davis Tech

A composites manufacturing institute has been awarded a $5 million grant for a three-year program to expand a composites training program led by Davis Technical College to other locations in the U.S. The Institute for Advanced Composites Manufacturing Innovation (IACMI), based…

Staff

Dec 22

Coal Country Strike Team launches with agreement to help Utah's impacted areas

The Utah Coal Country Strike Team has signed a first-of-its-kind agreement to help Utah’s Coal Country (Carbon and Emery counties) diversify their economy. The agreement puts in place local leadership for the execution of the Utah Coal Country Strike Team work plan, which…

Staff

Dec 22

CenExel acquires Florida research firm

CenExel Clinical Research, Inc., a Salt Lake City-based company that specializes in the medical and scientific support for the design and execution of clinical trials, has acquired Research Centers of America (RCA) in Hollywood, Florida. The acquisition brings to five the number…

Staff

Dec 22

SL Mattress to make Restonic

Utah-based Salt Lake Mattress & Mfg. Co. has reached a licensing agreement with Restonic Mattress Corp. under which the Salt Lake bedding company will begin manufacturing Restonic products and distributing to retailers in the Intermountain West. Buffalo, New York-based Restonic…

Staff

Dec 22

Succeeding in Your Business: Breaking up (without an agreement) is hard to do

By Cliff Ennico “I am the 80 percent owner of a limited liability company (LLC) that runs an Internet marketing and website design firm. I basically do all of the work. My 20 percent partner only functions as a part-time intern, gofer, secretary or administrative assistant. We…

Things are TRENDING UP DOWN SOUTH

The strength of Utah’s Dixie is in its planning By Chris Knoles Born in 1850 in Switzerland, 9-year-old John Stettler Stucki arrived in Salt Lake City after walking across the plains with his family and other pioneer settlers. His time in northern Utah was short, as Brigham…

Cedar City has some real advantages

By Danny Stewart In January 2017, Gov. Gary Herbert challenged Utah businesses to create 25,000 jobs in the state’s rural counties by the end of 2020. The Cedar City area took that challenge seriously. In just two years from the governor’s request, 2,172 new jobs were created in…

Industry Briefs 12-23-19

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. ARTS/ENTERTAINMENT • The Governor’s Office of Economic Development (GOED) board, at its December…

Staff

Dec 22

Editorial Cartoon: Nincompoops

Staff

Dec 22

Will the Fed edge out the competition with its real-time payment system?

By Veronique de Rugy Imagine what it must be like for private companies that have invested in a new technology and suddenly find out they have to compete with a tax-supported government agency — the very one that also regulates the industry. That’s what happened when the Federal…

Impeachment in America is part of a troubling trend around the globe

By Fareed Zakaria At first glance, the impeachment proceedings against Donald Trump might seem to be a specifically and narrowly American matter. But if you look around the world, you see that it is part of a deeply worrying global trend. In country after country, we are…

Newsletter - 12-16-19

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, December 16, 2019 It's not OR, but there's a new outdoor show coming to town By John Rogers Entrepreneurs Sutton Bacon and Darren Bush think they have just what the outdoor industry needs - another…

It's not OR, but there's a new outdoor show coming to town

By John Rogers Entrepreneurs Sutton Bacon and Darren Bush think they have just what the outdoor industry needs — another trade show. In conjunction with Visit Salt Lake, the longtime outdoor products retailers announced last week that The Big Gear Show has scheduled its…

Panel concludes SLC could catch Silicon Slopes

Brice Wallace Utah County and the south end of Salt Lake County are getting a ton of focus for being the tech hub for Utah, but a panel last week said Salt Lake City has all the ingredients to catch up if not surpass that region. In a discussion about the state of technology in…

Staff

Dec 15

Layton Construction to join New York's STO Building Group

Sandy-based Layton Construction has become part of STO Building Group of New York City in what the two entities are calling a merger. According to a release from the companies, the deal “will allow both firms to leverage each other’s geographic reach to better serve clients with…

Staff

Dec 15

Chamber speaker: Addiction silence permeates workplace, leads to stigma

By Brice Wallace James Hadlock has zero use for zero-tolerance. A one-time entrepreneurial multimillionaire whose corporate success contrasted with his addiction to drugs, Hadlock believes that companies with zero-tolerance policies to address addiction in the workplace are…