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The Archive

Archive

More than 9,000 stories of Utah business reporting, 2011–2026. Search the full archive, or browse by date and section.

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SLBJ

Top Stories

Gold in them thar hills: Canadian company to reopen Tintic area mine

Brice Wallace Having struck gold, Tintic Consolidated Metals LLC hopes to revive a long-dormant Trixie mine near Eureka. The company, a subsidiary of Canada-based gold mining company Osisko Development Corp., will invest over $150 million over the next five years, including…

Staff

May 26

Dec62

SLBJ

Top Stories

MWCN: 2022's equity deals way down from 2021

The value of Utah’s 2022 equity-related financial transactions — including mergers and acquisitions, public deals and private placements — took a step back after two record-breaking years, but total deal volume remained high, according to the annual Deal Flow Report from…

Staff

May 26

SLBJ

Top Stories

Five women-owned firms complete course

The Utah District office of the U.S. Small Business Administration has announced that five women-owned Utah small businesses have completed the inaugural cohort of the Ascent Training Program. The Ascent program is designed to help women-owned small-business owners grow their…

April existing-home sales fell 3.4%

Existing-home sales decreased nationwide in April, according to the National Association of Realtors (NAR). All four major U.S. regions registered month-over-month and year-over-year sales declines. Total existing-home sales — completed transactions that include single-family…

Succeeding in Your Business: Preparing for the first investor in your startup company

Cliff Ennico “We set up a limited liability company last year for a tech business. There are three of us. One of us acts as ‘managing member’ and the other two vote only on important decisions. We have never had a written agreement for our business. “A wealthy individual has…

Corporate Financial Reports 5-29-23

The following are recent financial reports as posted by selected Utah corporations: Co-Diagnostics Co-Diagnostics Inc., based in Salt Lake City, reported a net loss of $5.8 million, or 20 cents per share, for the quarter ended March 31. That compares with net income of $11.7…

SLC Airport opens new gates

Salt Lake City International Airport held ceremonies recently for the opening of the first five operating gates of the new Concourse A-East. Concourse A-East will mirror the already-operating Concourse A-West when completed. “Our airport is changing and growing to keep up with…

Innovate Utah: NEW IDEAS, PRODUCTS AND SERVICES FROM UTAH COMPANIES

Built , an American Fork-based maker of protein bars and snacks, has introduced three new products. Calling the innovations “healthy indulgent,” the company introduced Built Bites, Built Balls and Built Krispy . The company said the three products combine the Built protein and…

Industry Briefs 5-29-23

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. BANKING Bank of Utah , based in Ogden, has hired Steven Drakulich as vice president…

UIPA considering a second satellite port in Spanish Fork

Brice Wallace Fresh on the heels of approving a plan for an inland port near Cedar City, the Utah Inland Port Authority is considering doing the same for land in Spanish Fork. While the Cedar City project area contains 899 acres, the proposed Spanish Fork area would consist of a…

Costner's 'Horizon' adding $75M to film impact in Utah

Washington County will get an influx of $75 million as Kevin Costner continues his “Horizon: An American Saga” western film series there. The next two films of the four-movie series will be shot in the county and are among several projects approved for economic incentives by the…

Go Utah incentivizes 500+ jobs: Leitner-Poma factory coming to Tooele Co.

Brice Wallace An aerial lift manufacturer will get some assistance from the state to build a $35 million manufacturing plant in Tooele. Leitner-Poma of America, based in Grand Junction, Colorado, was approved for a tax credit incentive of up to $6.53 million over 10 years by the…

Utah Co. to have office of employee benefits co.

Brice Wallace Human Interest Inc. is interested in having more than 300 humans in a Utah County office in the next five years. Founded in 2015, the San Francisco-based company offers 401(k) and 403(b) plans as it seeks to make it easy for small and medium-sized businesses to…

Huntsman Institute grows to more than 1M sq. ft., opens Kathryn F. Kirk Center

The Huntsman Cancer Institute at the University of Utah has opened the Kathryn F. Kirk Center for Comprehensive Cancer Care and Women’s Cancers. The new center has an entire floor dedicated to breast and gynecologic cancers and additional space for treatment of blood and marrow…

HireVue acquires Ohio firm

South Jordan-based HireVue, a video interviewing, assessments and text-enabled recruiting provider, has acquired Modern Hire, an intelligent hiring platform based in Cleveland, Ohio. “The acquisition of Modern Hire marks a new era in hiring, providing organizations with an…

Down payments way up since pandemic lows

New research from Realtor.com has found that the typical down payment on a home in America has increased by more than $10,000 from the first quarter of 2020 until the first quarter of 2023. As pandemic-era savings have dwindled and the housing market has become less competitive,…

First-time homebuyer assistance launches in July

Utah’s new $20,000 first-time homebuyer assistance program created by the state’s Legislature earlier this year is set to roll out in the beginning of July. The Utah Housing Corp. will administer the program and said the assistance will be available for funding shortly after…

Corporate Financial Reports 5-22-23

The following are recent financial reports as posted by selected Utah corporations: Purple Purple Innovation Inc., based in Lehi, reported a net loss of $23.3 million, or 24 cents per share, for the first quarter ended March 31. That compares with a loss of $13.6 million, or 20…

Succeeding in Your Business: To the baby boomers: Something wicked this way comes

Cliff Ennico Being cooped up in a New England house this time of year isn’t fun. It’s all rain, mud and washed-out blossoms covering the streets and driveways. To live up here one must have a rich interior life. If you don’t have a Netflix subscription, books become really…

Innovate Utah: NEW IDEAS, PRODUCTS AND SERVICES FROM UTAH COMPANIES

FireFly Automatix Inc. , an agriculture technology company based in Salt Lake City, has introduced its M220-AV fully autonomous field mower . The new AV (autonomous vehicle) version of the company’s 22-foot M220 for turfgrass production is premiering as a hybrid diesel-electric…

Industry Briefs 5-22-23

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 The South Valley Chamber of Commerce has hired Braden Morris as director of…

No qualifiers: Utah is the best state in U.S.

Brice Wallace Utah has earned dozens of designations over the years for being the best state for one thing or another, including several related to its economy. But at a recent twice-annual economic summit, several people focused on a ranking that strips away all qualifiers:…

UAMPS customers benefiting from So. Utah's Red Mesa solar project

The Red Mesa Tapaha Solar Project, located on Navajo tribal lands in the extreme southeast corner of Utah, has begun commercial operations and is now supplying power to members of Utah Associated Municipal Power Systems (UAMPS). A power purchase agreement between UAMPS and…

Sentimentsteady for Utahns in April

The way Utah’s consumers feel about their economic situation stayed relatively the same from March to April, according to the University of Utah Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. The monthly index rose only slightly — 70.2 to 70.5 — for the…

Staff

May 13

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