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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

Corliss Management enters Utah market

Corliss Management Group (CMG), a fifth-generation, family-owned real estate investment and development firm, has officially entered the Utah market with the acquisition of a single-tenant net lease industrial asset at 3685 S. 500 W. in South Salt Lake. The acquisition includes…

Staff

Jun 21

131

Dec59

SLBJ

Top Stories

Merit Financial Advisors acquires RCM Investments, opens Utah office

Merit Financial Advisors, an Atlanta-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families, has acquired RCM Investments of American Fork. The acquisition marks Merit’s first office in…

Staff

Jun 21

SLBJ

Top Stories

TSG Consumer to acquire EoS Fitness

TSG Consumer Partners, a specialist private equity firm focused exclusively on the consumer sector, has signed a definitive agreement to acquire EoS Fitness, a U.S. operator of gyms. EoS Chief Executive Officer Rich Drengberg will continue to head the company with his tenured…

Kizik names Gareth Hosford new CEO

Kizik, a Salt Lake City manufacturer of hands-free footwear, and its parent company, HandsFree Labs, have announced the appointment of Gareth Hosford as its new CEO, effective with the recent announcement. “A proven footwear and fitness industry leader with more than two decades…

Work Daze: Casual NoDay

Emily Post won’t help you. The queen of etiquette, circa 1922, had little to say about what to wear in an office. Women, especially, were hopeless cases. “Mood, temper, jealousy ... are the chief flaws of women in business,” she wrote. I’m afraid those flaws could also apply to…

People on the Move 6-23-25

Company news information may be sent to brice.w@thecityjournals.com . ACCOUNTING • Ostrow Reisin Berk & Abrams Ltd. , an accounting, tax and advisory firm, has hired Cory Nielson as an audit group director in its Salt Lake City office. He has experience auditing companies across…

Industry Briefs 6-23-25

Company news information may be sent to brice.w@thecityjournals.com . ARTS/ENTERTAINMENT • The Gateway in Salt Lake City has announced a set of free events for this summer. They include the weekly Sunset Yoga series and markets such as Outdoor Urban Flea Market, The Maker’s Hive…

Savory fund invests in Asian street food restaurant Hawkers

Lehi-based private equity firm Savory Fund has made a major investment in Hawkers, an Orlando, Florida-based 15-unit Asian street food restaurant chain, taking a majority ownership position in the company. Terms of the transaction were not disclosed. Hawkers was founded in 2011…

Outlaw Distillery expands into Arizona

Midvale-based craft distillery Outlaw Distillery, founded in 2015, has expanded to Arizona with the acquisition, and subsequent rebranding, of Tempe-based distillery Adventurous Stills. Outlaw Distillery’s expansion to Arizona marks unites two craft distilleries under a single…

Funding approved for Technical Assistance Program for Utah small businesses

The U.S. Treasury Department has approved the Utah Small Business Credit Initiative (USBCI) for funding the state’s Technical Assistance Program (TAP). The initiative provides $1.2 million in federal funding, allowing USBCI to offer legal, accounting and other financial advisory…

UDAF announces $1 million fund to protect Utah’s working farms and ranches

As Utah’s agricultural lands face increasing development pressure, the Utah Department of Agriculture and Food (UDAF) has announced $1 million in funding to permanently protect working farms and ranches through conservation easements under the 2025 LeRay McAllister Working Farm…

Utah college student aid totaled $1.6 billion in 2022-23

Utah is red. BYU is blue. When it comes to federal student aid, green is prominent, too. Students at postsecondary educational institutions throughout the state received 353,935 federal student aid awards totaling $1.6 billion in the 2022-23 school year, according to a study by…

Women urged to lead AI shifts in the tech world

Women Tech Council exec says women possess innate skills Brice Wallace Salt Lake Business Journal Some people see the potential of artificial intelligence as beneficial, while others find it frightening. The leader of the Women Tech Council sees it as an opportunity for women.…

Salt Lake City is America’s most AI-ready city, says national index

The 2025 AI Readiness Index confirms what many in Utah already see happening: Salt Lake City is leading the country in AI readiness. And Utah ranks No.1 among the U.S. states, too, according to the index, released by DesignRush, a Miami-based Internet marketing service.…

Many local companies among those on 'Shatter List'

Several companies were recognized at the recent Women Tech Council Innovation Summit for making WTC’s “Shatter List,” a showcase of technology companies that are creating and enacting practices and cultures that remove the proverbial glass ceiling. The list was compiled by…

Smith Entertainment Group signs Fanatics to operate Jazz and Mammoth retail

Smith Entertainment Group (SEG), the Salt Lake City-based operation that owns the Utah Jazz of the National Basketball Association and the Utah Mammoth of the National Hockey League, has signed a long-term partnership establishing Fanatics Commerce as the official retail partner…

SLC's U.S. Critical Materials and Idaho National Laboratory to partner on rare earth/critical minerals processing plant

Salt Lake City-based U.S. Critical Materials Corp. and Idaho National Laboratory (INL) have entered into a cooperative research and development agreement (CRADA) to establish a pilot-scale processing plant capable of producing rare earths domestically. “U.S. Critical Materials…

RPlus Energies secures $500M in tax equity financing for Green River Energy Center

Salt Lake City-based rPlus Energies has closed on more than $500 million in tax equity financing to support the ongoing construction of its Green River Energy Center, a solar-plus-storage project in Emery County. The financing was furnished by RBC Community Investments, an…

Savory Fund acquires So. Utah’s Bonrue Bakery

Bonrue Bakery, a Southern Utah European-style bakery chain with locations in St. George, Hurricane and Springdale, has been acquired by Lehi-based private equity firm Savory Fund. Bonrue Bakery deals in artisanal pastries, lunch offerings and house-roasted coffee. Co-founders…

SBA launching an onshore portal

Kelly Loeffler, administrator of the U.S. Small Business Administration (SBA), has announced the launch of the Make Onshoring Great Again Portal, a free tool designed to help small businesses identify U.S. manufacturers and producers. With a database of more than 1 million…

Utah consumer sentiment increases slightly in May

Utah’s consumer sentiment showed a small rise in May — small enough to fall within the survey’s margin of error, according to a release from the Kem C. Gardner Policy Institute at the University of Utah. The index rose 1.4 percent last month, up to 81.1 from 80.0 in April. The…

Thrivent Bank opens as Utah’s 16th industrial bank

The Utah Department of Financial Institutions has authorized Thrivent Bank to open for business as a state-chartered industrial bank. The new bank began operations on June 1. On Feb. 19, 2021, Thrivent Financial Holdings Inc. of Minneapolis, Minnesota, applied to the department…

Welcome to the 'eggshell economy': America’s workforce in survival mode

Amid ongoing economic volatility and cultural sensitivity, a new report from Draper-based BambooHR reveals a paradox in the American workplace: While 84 percent of full-time employees say they’re satisfied with their jobs, many are operating in survival mode. Dubbed the…

Utah Community Credit Union and TransWest Credit Union finalize merger

Provo-based Utah Community Credit Union (UCCU) and TransWest Credit Union of Salt Lake City have announced that their merger has been completed. The combined credit union will now operate under the UCCU name and branding. The organization now serves over 285,000 members with…

Staff

Jun 14

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