Archive

Betts: Utah tech industry hub is going to move to the north

Brice Wallace Silicon Slopes is currently the epicenter of Utah’s booming tech world. But that explosion straddling the Salt Lake County-Utah County border could edge northward in the next few years. Clint Betts, executive director of both the Silicon Slopes organization and the…

Staff

Apr 13

New partnership, licensing bring hemp industry closer for Navajos

By John Rogers Aqueous Sciences of Nevada, a Las Vegas-based development company, made two moves last week that may lead to a major cannabis-growing operation on Navajo Nation reservation land in the Four Corners area that includes southeastern Utah. Aqueous has had an agreement…

Utah prices jump more than twice national increase

Transportation and housing are leading nearly across-the-board price increases facing Wasatch Front consumers. The Zions Bank Wasatch Front Consumer Price Index (CPI), announced last week, rose 0.9 percent from February to March on a non-seasonally adjusted basis and is part of…

Staff

Apr 13

Ancestry commits to keep 1,000 employees in Utah, hire 500 more

Genetics services company Ancestry has long been part of Utah’s corporate DNA, and state officials last week approved an incentive for the company to keep it that way. The Governor’s Office of Economic Development (GOED) board, at its April meeting, approved a tax credit…

Staff

Apr 13

Group files applications to launch new St. George bank

Several former officers of Town & Country Bank in St. George have filed the necessary application to form a new independent bank. Bruce Jensen, president and CEO of Town & Country until it was acquired by American Fork-based People’s Utah Bankcorp in 2017, said in a release that…

Staff

Apr 13

E-TeleQuote to open SLC office

Clearwater, Florida-based digital health insurance agency E-TeleQuote Insurance Inc. has opened a new location in Salt Lake City. The company, which focuses on Medicare and the over-65 market, said the Utah office is the sixth for the company that opened an office in Arizona…

Staff

Apr 13

Salt Lake's Instructure buys partner MasteryConnect

Instructure Inc., a Salt Lake City software-as-a-service technology company, has acquired its local longtime partner MasteryConnect. Terms of the deal were not disclosed. Instructure markets its learning software such as Canvas and Bridge to both educational institutions and…

Staff

Apr 13

CORPORATE FINANCIAL REPORTS 4-15-19

The following are recent financial reports as posted by selected Utah corporations: Sportsman’s Warehouse Sportsman’s Warehouse Holdings Inc., based in Midvale, reported net income of $10.6 million, or 25 cents per share, for the fiscal fourth quarter ended Feb. 2. That compares…

Staff

Apr 13

Business Tech: Technology in Education

By Bahar Ferguson Before you begin reading this article, it is only fair that I provide the following: WARNING: The content in this article is going to make you very jealous. You will become furious at how much easier some things have become for students. Now that we have that…

Succeeding in Your Business: A primer on setting up preferred stock in your business

By Cliff Ennico “My two partners and I formed a corporation to run a web-based business. The business has taken off, and we are being approached by some local angel investors. “We are delighted, of course. The problem is that these investors all want preferred stock and our…

Editorial Cartoon: Bread and Butter

Staff

Apr 13

Industry Briefs 4-15-19

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. ARTS/ENTERTAINMENT • The Salt Lake City Arts Council and Salt Lake City Parks & Public Lands…

Staff

Apr 13

Government-mandated, paid-leave programs have proven ineffective

By Veronique de Rugy As the saying goes, the definition of insanity is doing the same thing over and over again and expecting a different outcome. This is a perfect way to describe the current effort by Democrats and some conservatives to implement a federal paid leave program.…

Legal versus illegal immigration: Trump's new position might be right

By Fareed Zakaria Pres. Trump’s threat to close the U.S.-Mexico border confused even his allies. Sen. John Cornyn, R-Texas, said it “would be bad for everybody.” Sen. John Thune, R-South Dakota, remarked, “I’m not sure that’s a particularly good idea and I’m not sure it gets the…

Small-business owners benefiting from a growing and prosperous economy

By Dan Nordberg The old saying that a rising tide lifts all boats rings true, given today’s growing economy. The U.S. economy’s historic boom benefits all Americans as job creation soars and wages rise. The economy outperformed expectations for the second year in a row in 2018.…

Newsletter - 4-8-19

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, April 8, 2019 Summit conclusion: Southwest area growth needs coordination By Brice Wallace Growth - and all of the issues associated with it - is exploding in the southwest Salt Lake Valley, but…

Summit conclusion: Southwest area growth needs coordination

By Brice Wallace Growth — and all of the issues associated with it — is exploding in the southwest Salt Lake Valley, but government, private-sector and economic development officials are hoping it happens in a smart way. Participants on three panels during the recent Western…

Utah's first 'opportunity zone' project underway in Salt Lake

Provo real estate development company PEG Cos. has broken ground on the first Utah project to take advantage of the federal “opportunity zone” investment program created by the December 2017 Tax Cuts and Jobs Act. Paperbox Lofts is a two-acre development at 160 S. 300 W. in Salt…

Staff

Apr 6

Tech employment expands presence in Utah workforce

Tech-related employment in Utah grew by nearly 6,000 jobs in 2018 and the tech sector increased its contribution to the state’s economy, according to “Cyberstates 2019,” a new report on the tech sector and tech workforce analytics published by CompTIA, an Illinois-based industry…

Staff

Apr 6

Stadler moves operations to new facility in Salt Lake City’s Northwest Quadrant

Switzerland-based rail car manufacturer Stadler US has moved its Utah operations from its temporary location in the north end of Salt Lake City to a permanent, state-of-the-art facility near the Salt Lake City International Airport. The company made the move late last month to a…

Staff

Apr 6

Stein Erickson, Chateaux realty brokerages merge in Park City

Two Park City-area real estate brokerages that specialize in high-end properties have merged. Stein Eriksen Lodge Real Estate and Chateaux Realty have combined to form the Stein Eriksen Realty Group. The newly launched boutique-style brokerage will continue to specialize in…

Staff

Apr 6

Talent Ready grants available

The Utah Department of Workforce Services has launched the 2019 Talent Ready Utah grant program with a focus on creating more education and industry partnerships. The grant program is dedicated to building more work-based learning and career pathway programs for students and…

Staff

Apr 6