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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

Succeeding in Your Business: When investing in a startup, what rights should you have?

Cliff Ennico “I am a retired entrepreneur. I turned a $7 million company into a $60 million company and then sold it. “I’ve joined a group of angel investors. We meet once a month and review business plans for startup companies in our area. And yes, we socialize and sometimes…

Staff

Apr 3

Dec39

SLBJ

Top Stories

CORPORATE FINANCIAL REPORTS

The following are recent financial reports as posted by selected Utah corporations: Co-Diagnostics Co-Diagnostics Inc., based in Salt Lake City, reported net income of $36.7 million, or $1.23 per share, for the fiscal year ended Dec. 31. That compares with $42.5 million, or…

Staff

Apr 3

SLBJ

Industry Briefs

Industry Briefs 4-4-22

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 , Ogden, has named Brady Fosmark , commercial lending team leader, as…

Panelists: 'Little things' help recruit and keep employees

Brice Wallace For Tommy Montoya, it was flowers. Several years ago, a bouquet of flowers sent by his Procter & Gamble work manager to his home while he was away on yet another business trip made a connection that still exists and has become “a story that sticks around,” he says.…

Jobless rate back to its record low

With Utah’s unemployment rate leading the nation, there’s not much room for improvement. In February the jobless number ticked back down to 2.1 percent, matching the all-time low it reached in December. The rate means about 35,300 Utah residents remain without work. Meanwhile,…

Washington Co. room tax collection jumps 75%

The folks that promote tourism in Washington County got an unexpected boost in their budget in 2021. The Greater Zion Convention and Tourism Office saw a 75 percent spike in its income from the transient room tax, the levy charged to visitors staying in the area’s hotels, motels…

SBA extends deferment period for EIDL loans, now up to 30 months from approval

There’s some good news for any business that took out a COVID Economic Injury Disaster Loan (EIDL). The Small Business Administration is extending deferment periods for disaster loans once again. With no further COVID-related relief funds from Congress in sight, the SBA is…

UofU biomedical engineer discovers COVID virus is not as transmittable as we thought

Remember when it was nearly impossible to buy disinfectant wipes? In the early days of the COVID-19 pandemic, people desperately wiped down surfaces to prevent the spread because initial studies showed the virus could live on certain surfaces for weeks. But later in 2020, newer…

Hess acquired by N.C.'s Maupin Travel

Maupin Travel, a Durham, North Carolina-based travel agency, has acquired Salt Lake City’s Hess Corporate Travel. Both companies are part of Tzell Travel, a New York City-based travel agency management company. Established in 1985 by Alan and Carol Hess, Hess Corporate Travel…

Five Star Franchising acquires Mosquito Shield

Springville-based Five Star Franchising, a service-based franchise platform company, has acquired Mosquito Shield, one of Entrepreneur magazine’s Franchise 500 brands. This is the eighth acquisition Five Star has completed since it was founded in June 2021. Based in North…

Lehi's Young Living names Ben Riley as acting president

Young Living, a Lehi-based provider of essential oils, has announced that Ben Riley has been named as acting president. Working closely with the executive team, Riley is tasked with directing company operations internally in order to optimize performance and the delivery of…

Breeze opens training center

Breeze Airways, the new low-fare airline founded by aviation entrepreneur David Neeleman, has opened its new Breeze Training Academy in Salt Lake City. The center is designed for initial and recurrent training for its pilots, flight attendants and technical operations employees.…

SL Co. home sales down 9 straight months

The home sales boom is definitely slowing down in Salt Lake County. For the ninth consecutive month, sales of all housing types dropped in the county in February when compared with last year. There were 949 homes sold in February, a 14 percent decrease compared to 1,102 sales in…

Millers make $2.5M gift to Huntsman School at USU

The Larry H. & Gail Miller Family Foundation has announced a gift of $2.5 million to support a new building that will be home to experiential learning programming at the Jon M. Huntsman School of Business at Utah State University. This gift adds to the $4 million-plus previously…

Suazo Center adopts women entrepreneur program

The Suazo Business Center, in a partnership with the Mexican Consulate of Salt Lake City, Arizona Hispanic Chamber of Commerce and Arizona State University’s Thunderbird School of Global Management, has announced it will incorporate entrepreneurship training program DreamBuilder…

Aero-Graphics wins Army contract

Aero-Graphics, a geospatial services company headquartered in Salt Lake City, has signed a five-year contract with the Omaha District of the U.S. Army Corps of Engineers for geospatial mapping and surveying. Aero-Graphics will do airborne and land-based remote sensing (including…

CORPORATE FINANCIAL REPORTS 3-28-22

The following are recent financial reports as posted by selected Utah corporations: Clarus Clarus Corp., based in Salt Lake City, reported net income of $14 million, or 36 cents per share, for the fourth quarter ended Dec. 31. That compares with $7.1 million, or 22 cents per…

University of Utah engineers to help develop method to recycle nuclear waste

A major environmental concern about the use of nuclear reactors is what’s left behind — the nuclear waste from spent fuel rods. Where to dispose of this waste has been the source of much controversy. But instead of just burying the spent fuel rods, what if you could somehow…

Succeeding in Your Business: How to go about spreading out the taxes on lottery winnings

Cliff Ennico “I have an unusual question for you. If I win a large prize in the lottery, should/could I establish a nonprofit corporation to receive the prize? I asked a financial advisor about this and he said I could do it and also keep the identity of the manager (me) hidden…

Industry Briefs 3-28-22

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. CORPORATE • PolarityTE Inc. , a Salt Lake City-based biotechnology company, has entered into a…

Tough for SL Co. renters: Facing tightest rental market in history

Brice Wallace People trying to find an apartment — especially at an affordable rental rate — are facing the tightest market in Salt Lake County’s history. Research by the Kem C. Gardner Policy Institute shows a double whammy, with the 2021 vacancy rate for the county’s…

Survey: Life is better than when pandemic began

Two years since COVID-19 was declared a pandemic, employees say work and family are the areas of life that have shown the most change for the better. Despite the devastation and tragedy many have suffered over the course of the pandemic, remote and flexible work options have…

Strong economy likely shields Utah from war impact

Brice Wallace Russia’s invasion of Ukraine likely will lead to higher commodity prices for Utahns, but Utah’s economic strength likely will insulate it from severe impacts. That summarizes remarks made during a recent online briefing about the Ukraine-Russia conflict, presented…

Aceto buys Biotron Labs and Talus Mineral Co.

Salt Lake City-based Biotron Laboratories and its Centerville and Ogden manufacturing facilities that operate as Talus Mineral Co. have been acquired by Aceta. Biotron manufacturs and supplies leading specialty minerals and nutritional ingredients to the nutritional supplements…

Staff

Mar 20

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