Archive

Bentley Systems’ iTwin Ventures acquires Blyncsy

Bentley Systems Inc., an infrastructure engineering software company in Exton, Pennsylvania, has acquired Salt Lake City-based Blyncsy, a provider of artificial intelligence services for departments of transportation to support operations and maintenance activities. Blyncsy will…

Staff

Aug 26

Gibson buys Brisk Advisors

Gibson, an employee-owned, top-100 U.S. insurance agency based in northern Indiana, has acquired Midvale’s Brisk Advisors. Formerly known as Insurance Network, Brisk has provided risk management and personal insurance for more than 50 years. “This partnership is a pivotal moment…

Staff

Aug 26

Maddix invests in AK Masonry

Maddix Capital, a Lehi-based growth-stage private equity firm, has acquired a majority stake in AK Masonry, a masonry and concrete contractor specializing in municipal and commercial building projects, also based in Lehi. Hillcrest Bank provided funds for the acquisition. AK…

Staff

Aug 26

Work Daze: How to hop, skip and jump your way to success

Bob Goldman Really, I don’t know what’s wrong with young people today. Give a 20- or 30-something a horrible job with a terrible boss and a miserable salary and a zero-point-zero chance for promotion, and what will they do? They will quit! That’s right! They will pack up their…

Staff

Aug 26

Utah’s ASI Mining is automating mine equipment around the world

ASI Mining of Mendon in Cache County is quietly becoming a world leader in outfitting mining equipment for autonomous operation. Its latest coup is an order to automate 18 giant Hitachi EH4000 haul trucks at an iron mine in Western Australia owned by Roy Hill Mining. The move…

Staff

Aug 26

Industry Briefs 8-28-23

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 Lt. Gov. Deidre Henderson has formally accepted a leadership role with the…

Staff

Aug 24

A new era begins in Utah business news coverage

Staff

Aug 21

OmniTeq incentive could mean 4,000 jobs

Brice Wallace A Texas-based company is considering Utah for a headquarters project that could result in 4,000 jobs in Davis County over a decade. OmniTeq LLC, based in Bee Cave, Texas, focuses on artificial intelligence and machine learning. It is considering Falcon Hill…

Staff

Aug 21

Utah consumer sentiment ticks up a bit in July

Utah’s consumer sentiment seems to be pulling out of the temporary slump it has endured over the past year. The Kem C. Gardner Institute’s Survey of Utah Consumer Sentiment edged up slightly again in July to its highest point since February 2022. The index climbed from 76.3 in…

Staff

Aug 21

Soda Spoon acquires Nfinity

Salt Lake City-based digital marketing company Soda Spoon Marketing Agency has acquired Nfinity Web Solutions. Also located in Salt Lake City, Nfinity Web Solutions specializes in website design, search engine optimization and social media management. “The acquisition of Nfinity…

Staff

Aug 21

Solutionreach names Ken Ernsting new CEO

Solutionreach, a patient engagement and communication platform for medical practices based in Lehi, has named Ken Ernsting the company’s CEO. Solutionreach founde rand former CEO Jim Higgins will continue to serve on the company’s board of directors. Ernsting brings more than 25…

Staff

Aug 21

New York firm acquires SLC's Atlas Tree Service

SavATree, a Bedford, New York-headquartered provider of tree, shrub and lawn care, has acquired Atlas Tree Service, based in Salt Lake City. Atlas becomes SavATree’s third branch location in Utah and its 82nd nationwide. Atlas Tree Service specializes in all aspects of…

Staff

Aug 21

Work Daze: Want to succeed in your career? Ask a mushroom

Bob Goldman Let’s face it: Working in an office is unnatural. Our prehistoric ancestors didn’t spend their days in cubicles. No, Nancy and Nick Neanderthal didn’t punch in or sign in or strive to survive with windows that don’t open and an air-conditioning system so stingy you…

Staff

Aug 21

Corporate Financial Reports 8-21-23

The following are recent financial reports as posted by selected Utah corporations: Nature’s Sunshine Nature’s Sunshine Products Inc., based in Lehi, reported net income attributable to common shareholders of $2.4 million, or 12 cents per share, for the second quarter ended June…

Staff

Aug 21

Go Utah looking at incentives for films set to shoot in state

The Governor’s Office of Economic Opportunity board is expected to provide incentives soon to four film/series productions expected to spend nearly $2.9 million in the state. At its regular August meeting, the Go Utah board lacked enough members to approve the incentives. It…

Staff

Aug 21

USAF looking for tech companies to start Utah-based accelerator

The U.S. Air Force is looking for technology companies to propose solutions that would enable an active and effective yet secure data and information sharing environment for its scattered workforce. Once submissions are screened and reviewed, the USAF will select eight companies…

Staff

Aug 21

Employers prefer in-person interviews

Job seekers should prepare to meet with potential employers at least once during the hiring process, as 51 percent of U.S. hiring managers say they prefer to interview candidates face-to-face instead of through a screen or phone, according to a recent “Job Insights” survey from…

Staff

Aug 21

Legacy Lithium to sell Utah Green Energy Project

Legacy Lithium Corp., an exploration-stage mining company based in Gargary, Alberta, Canada, has agreed to sell its Grand County lithium mining property, called the Green Energy Lithium Project, to Australia-based Anson Resources Limited. The sale will be made through Legacy…

Staff

Aug 17

AmEx report: Small-business owners losing confidence in ability to make growth decisions

In the second edition of its recurring “Small Business Financial Confidence Report,” American Express found that small-business owners’ confidence in their ability to make sound growth decisions has dropped since May. The “Small Business Financial Confidence Report” looks at…

Staff

Aug 17

Utah homes sell fastest in the U.S.

If you’re selling a home in Utah, you can expect it to be gone faster than anywhere in the United States, according to research conducted by luxury property realty company RubyHome Real Estate. Utah homes sell in an average of 27.07 days so far in 2023, the study found. “When…

Staff

Aug 17

Industry Briefs 8-21-23

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. ECONOMIC INDICATORS Utah has the nation’s second-worst teacher shortage , according to a study…

Staff

Aug 17

UIPA's 1st incentive goes to Northrop Grumman

Brice Wallace The Utah Inland Port Authority board has approved its first corporate incentive, aimed at having Northrop Grumman manufacture composite structures for rocket motor cases in Salt Lake City’s Northwest Quadrant. The incentive is in the form of a 10-percent property…

Staff

Aug 12