Archive

Industrial leasing reaches new high to lead 2017 commercial real estate growth

Industrial leasing activity reached a new high in 2017, highlighting a strong commercial real estate market in Utah at the end of 2017, according to the fourth quarter (Q4) 2017 MarketView report from the Salt Lake City office of CBRE. Highlights of the report include:…

Staff

Feb 11

A protectionist NAFTA withdrawal would undermine tax reform gains

By Veronique de Rugy Last year’s massive tax code overhaul lowered corporate income tax rates to an internationally competitive level for the first time in decades. U.S.-based businesses can now compete against their foreign counterparts without starting from an immediate…

Staff

Feb 11

Intentional or not, Trump drew three red lines during State of the Union

By Fareed Zakaria President Trump’s State of the Union speech mostly ignored the world outside of America. He made a few tough statements on things like the Iran deal and Guantanamo and described (accurately) the evil nature of the North Korean regime, but he said very little…

Employers say that only 20 percent of new hires need bachelor’s degree

By Robert Pembroke A new report by the Labor Department detailing education requirements for American workers in 2017 has made my day. For years and years, higher education has been telling us that we need a bachelor’s degree in order to get a well-paying job, but the labor…

Editorial Cartoon: MLB

Staff

Feb 11

Industry Briefs - 2-12-18

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 • Brooke Burton, quality director for Gold Cross Ambulance, has been elected to the…

Staff

Feb 11

Newsletter 2-5-18

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, February 5, 2018 Utah sets pace among tech firms seeking parity in hiring By Brice Wallace Utah’s tech community has been a beacon of innovation for years, but it also is at the forefront of pushing…

Utah sets pace among tech firms seeking parity in hiring

By Brice Wallace Utah’s tech community has been a beacon of innovation for years, but it also is at the forefront of pushing for gender diversity inside companies. One effort to boost diversity, the nonprofit organization Parity.org, has received commitments from more than 80…

Orem's VIA Motors partners with Chinese co. to build electric truck

By John Rogers Orem-based VIA Motors International has signed an agreement with China’s Zhejiang Geely New Energy Vehicle Co. Ltd. to co-develop a medium-duty, extended-range electric truck, that will incorporate VIA’s proprietary vehicle software and systems control technology.…

Confidence wanes slightly after record high in December

Utah’s consumer confidence came back to earth a little bit in January after setting records in December. The Zions Bank Utah Consumer Attitude Index (CAI) dipped slightly heading into the new year, decreasing 0.8 points from 118.7 in December to 117.9 in January. The Utah…

Staff

Feb 4

Chamber tabs Hatch 'Giant in Our City'

The Salt Lake Chamber has announced that U.S. Sen. Orrin Hatch, R-Utah, will be honored as the 39th "Giant in Our City" at a chamber event May 3 at the Grand America Hotel in Salt Lake City. The award honors those with exceptional and distinguished service and extraordinary…

Staff

Feb 4

GOED simplifies way rural businesses get tax credits

A state agency has simplified the process of applying for tax credits designed to spur investment and job creation by rural, non-retail small businesses in Utah. The Governor’s Office of Economic Development (GOED) has created an online portal to improve the Enterprise Zone Tax…

Staff

Feb 4

Intermountain Healthcare moving 2,300 workers to management partner

Salt Lake City-based Intermountain Healthcare announced Jan. 24 that it would transfer roughly 2,300 employees to a new employer, saving the institution roughly $70 million over the next three years. The affected employees all work in “nonclinical” positions, said Intermountain…

Staff

Feb 4

Turner named president of Young Living

Young Living Essential Oils of Lehi has named Jared S. Turner as its president and chief operating officer. Turner has been instrumental in growing the company to a billion-dollar business by increasing revenue by over 800 percent over the past five years, the company said in a…

Staff

Feb 4

Corporate Financial Reports - 2-5-18

CORPORATE FINANCIAL REPORTS 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 $114 million, or 54 cents per share, for the fourth…

Staff

Feb 4

Biovation opens new headquarters

A new manufacturing company has opened in Utah catering to the nutraceutical and nutritional supplement industries. Biovation Labs has opened its 104,000-square-foot corporate headquarters and manufacturing facility in West Valley City. {mprestriction ids="1,3"} Launched in…

Staff

Feb 4

Nine prescriptions for the deadly disease of disengagement

By Richard Tyson The unused movie tickets lay on the dining room table alongside a half-eaten TV dinner. It was 9:15 p.m. on a Friday evening when Jane walked through the front door. “I’m sorry,” she said. “But I think I’ve completed the project.” Her husband looked skeptical,…

SpaceX and Uncle Sam shrug off billion-dollar uninsured satellite loss

By Veronique de Rugy Did you know that the government doesn’t insure the cargo it sends into space? That means that when a satellite carrying government cargo explodes during or after launch, taxpayers are left footing the entire bill. This issue has become topical with the…

Staff

Feb 4

Despite everything, we have to be encouraged by Trump the Republican

By Fareed Zakaria Ever since Donald Trump was elected president, I have said that when he did something right, I would say so. That’s gotten me into trouble with some readers, but I’m going to do it again. Recently, at the World Economic Forum, Trump gave a good speech that was…

It’s time to do something about income inequality and depression

By Robert Pembroke Many years ago, while going through my mail, I found a letter from the Internal Revenue Service telling me that our company had won their annual lottery. For the first time ever, our shop was going to be audited by the feds. We had been audited many times by…

Editorial Cartoon: Eminent Domain

Staff

Feb 4

Industry Briefs - 2-5-18

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 Ready Mixed Concrete Association has hired Brad Stevenson as executive…

Staff

Feb 4