Archive

Aneth oil field sold in $195M deal

Resolute Energy Corp. has sold its subsidiary that owns oil and gas operations in the Paradox Basin of southeastern Utah. The properties, known as the Aneth Field, was purchased by Elk Petroleum Ltd. of Australia for an immediate $160 million in cash and potentially $35 million…

Staff

Sep 23

Industry Briefs - 9-25-17

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 • Several changes to the Economic Development Corporation of Utah ’s Board of…

Staff

Sep 22

Newsletter 9-18-17

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, September 18, 2017 Pluralsight plans to build tech campus and create 2,464 jobs in Utah By Brice WallaceA tech darling has committed to expand in Utah by adding 2,464 jobs over the next decade and…

Pluralsight plans to build tech campus and create 2,464 jobs in Utah

By Brice Wallace A tech darling has committed to expand in Utah by adding 2,464 jobs over the next decade and building a large tech campus. Pluralsight, currently based in Farmington, will move its headquarters somewhere south of Salt Lake City. The company made the announcement…

EDCU 'wins' result in 9,356 jobs and $915 million in investments

By Brice Wallace The word “tremendous” was uttered often during last week’s annual meeting of the Economic Development Corporation of Utah. The organization, which works to recruit companies to Utah and expand existing ones, had 34 project “wins” during the 2016-17 fiscal year…

Mission includes exhibiting at London show for six Utah firms

Six Utah companies exhibited their products last week at the Defence and Security Equipment International (DSEI) trade show. The trade show was part of a trade mission to London led by World Trade Center Utah (WTC Utah) and the Utah Governor’s Office of Economic Development…

Staff

Sep 18

Fewer mortgages show delinquency in Utah market

The number of home mortgages that are delinquent in the Salt Lake City market continues to decline, according to figures released by California-based property information and analytics company CoreLogic. In June, the latest date for which information has been compiled, 4.7…

Staff

Sep 18

Ancestry CEO steps down; firm delays public offering

Lehi-based Ancestry has announced that CEO Tim Sullivan is stepping down and will become chairman of the company’s board of directors effective Oct. 1. Howard Hochhauser, the company’s chief financial officer and chief operating officer, will assume the role of interim CEO as…

Staff

Sep 18

Clearlink buys digital markete

Salt Lake City sales and marketing company Clearlink has beefed up its digital marketing capabilities with the acquisition of Portent Inc., a 22-year-old company based in Seattle. A release from Clearlink says of the acquisition: “The result is a new kind of full-service model…

Staff

Sep 18

Bank of Utah slates speaker series

Bank of Utah has announced the lineup for its Fall Speaker Events. Former U.S. Air Force intelligence officer Ret. Col. Cedric Leighton will headline the events which run Sept. 26-27 at venues from Logan to Lehi. He will address cyber risk in the global marketplace. Leighton is…

Staff

Sep 18

STEM Action Center initiative will bolster computing education in rural Utah

A new state education initiative is looking to ultimately bring more high-tech, high-wage jobs to rural Utah. The Utah STEM Action Center recently announced the Utah K-16 Computing Initiative, which will target rural communities needing support in building computing programs in…

Staff

Sep 18

Private equity firm buys SLC's Cafe Rio

Cafe Rio, a fast-casual Mexican restaurant company headquartered in Salt Lake City, has been acquired by Freeman Spogli & Co. of Los Angeles. According to a release from the company, Cafe Rio’s existing management team will continue to lead the company and will retain a…

Staff

Sep 18

Eide Bailly acquires Hawkins

Accounting firm Eide Bailly has acquired Hawkins Advisors of Orem, giving the regional firm a presence in southern Utah County. Hawkins Advisors will assume the Eide Bailly name and bring eight partners and 58 staff to the firm. These additions will make Eide Bailly one of the…

Staff

Sep 18

Fortem acquires Utah oil/gas leases

Fortem Resources Inc. of Las Vegas has indirectly acquired through Rolling Rock Resources LLC, its wholly owned subsidiary, an undivided 75 percent interest in oil and gas leases in the Mancos formation in Emery County covering a total of 2,313 acres. The leases were acquired at…

Staff

Sep 18

Industry Briefs - 9-18-17

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. DIRECT SALES • DoTerra, Pleasant Grove, has appointed Missy W. Larsen as senior director of…

Staff

Sep 18

Maybe it's not price gouging; Maybe it's a private solution to a big problem

By Veronique de Rugy Americans are witnessing the power of private individuals and businesses to solve pressing problems stemming from Hurricane Harvey. From the boaters and monster-truck drivers engaged in search and rescue operations to local stores opening their facilities to…

Maybe Reagan was wrong; We need government to take a more active part

By Fareed Zakaria Seeing the devastating effects of Hurricanes Harvey and Irma and of wildfires out west, one cannot help but think about the crucial role that government plays in our lives. But while we accept, even celebrate, the role of government in the wake of such…

Now we’ve gone and done it: Committed $33,500 for every homeless person

By Robert Pembroke I visited the Saint Vincent de Paul homeless center on Rio Grande Street last April. The purpose of my visit was to update my knowledge about the homeless situation. Salt Lake City and Salt Lake County are in the midst of trying to decide where to build three…

Making things right with your staff or customers: It’s all about taking ownership

By Doug Andrew Here’s a question: How would a frontline employee at your company handle a misstep with a client? Or, to be self-reflective, how did you last resolve an issue with someone on your staff? It’s easy to hope that we’ll always manage those interactions and…

Business Tech: Dealing with human behavior: Four tips for smooth transitions

By Mike Herrington Change is hard. It’s easy to fall into a pattern of doing things the same way, and it’s amazing how irritating it can be when those patterns are disturbed. Unfortunately, technology is frequently disruptive by nature. The whole idea behind it is to change how…

Editorial Cartoon: Baseball Signs

Staff

Sep 18

Newsletter 9-11-17

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, September 11, 2017 SLC benchmarking ordinance aimed at city's carbon footprint By Brice WallaceA new Salt Lake City ordinance will require benchmarking and annual measuring of energy use by commercial…