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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

TOURISM GENERATES RECORD $11.98 BILLION FOR UTAH IN 2022

Visitors spent a record $11.98 billion in Utah in 2022, generating 98,600 direct travel-related jobs and $1.37 billion in direct state and local tax revenue, according to the latest annual industry report released by the Kem C. Gardner Policy Institute. The report notes that…

Staff

Feb 15

Dec55

SLBJ

Top Stories

Milford Mining Co. to expand copper production operations in Beaver Co.

Milford Mining Co. LLC is planning an expansion in Beaver County and last week the Utah Governor’s Office of Economic Opportunity (GOEO) awarded the company a post-performance tax reduction to help make the growth possible. The corporate incentive is part of the state’s Rural…

Staff

Feb 15

SLBJ

Top Stories

JC Pro Design buys Small Lake City Promo

Justin Leader, owner of JC Pro Design, a Salt Lake City custom print shop specializing in screen printing, embroidery and promotional products, has announced an agreement with Collin Wilkinson, owner of Small Lake City Promo, to acquire the full-service promotional products…

EP Wealth Advisors buys Parker Advisory Group of St. George

EP Wealth Advisors, a Torrance, California-based independent registered investment advisor, has acquired Parker Advisory Group LLC of St. George. Parker Advisory Group and its founder and principal, Chad Parker, will join EP Wealth, adding over $188 million to EP Wealth’s assets…

Somafina acquires Layton's UST Corp.

Somafina, a nutraceutical manufacturing company based in Cedartown, Georgia, has acquired Layton’s UST Corp., a contract manufacturer of vitamins, minerals and supplements. Somafina is a portfolio company of Norwalk, Connecticut-based private equity firm Heartwood Partners. UST…

Most markets see home price gains

More than 85 percent of metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage rate dropped from 7.79 percent to 6.61 percent, according to the National Association of Realtors’ latest quarterly report. Fifteen…

U.S. hiring managers brace for challenges in the year ahead

Despite the continued hiring optimism of U.S. hiring managers, more than nine in 10 (92 percent) expect to face challenges over the next year — the highest number since the survey began in 2020. This is according to a recent survey from The Harris Poll commissioned by Express…

Heber Valley Chamber announces 2024 Cooperative Marketing Grant recipients

The Heber Valley Chamber, Tourism and Economic Development office has announced the recipients of this year’s Special Event Cooperative Marketing Grant, a initiative aimed at leveraging Wasatch County Transient Room Tax (TRT) to bolster economic development and tourism in Heber…

Global transport company Gebrüder Weiss acquires SLC’s Cargo-Link

Gebrüder Weiss, a worldwide transport and logistics company, has announced the acquisition of Salt Lake City-based Cargo-Link, a family-owned, non-asset-based freight forwarding company. Cargo-Link specializes in less-than-container load (LCL) shipping and imports from Asia to…

Victaulic acquires West Jordan's UCF

Victaulic, a leading manufacturer of mechanical pipe-joining, fire protection and flow control solutions based in Easton, Pennsylvania, has acquired Utility Coatings & Fabrication Inc. (UCF) of West Jordan. Victaulic said the acquisition supports its growth in the…

WORK DAZE: Want to earn a lot more? Think a lot less

Bob Goldman Ever wonder what’s holding you back at work? It could be something you do when you’re not at work. Thinking. Thinking about how you’re falling behind in your projects. Thinking about how a wave of layoffs could be on the horizon. Thinking about whether your…

OptConnect announces acquisition of So. America's M2M Global Data

Kaysville-based OptConnect, a provider of managed wireless services, has announced it has acquired Latin America-based M2M Global Data, one of the largest IoT organizations in Latin America. Based in Santiago, Chile, M2M makes OptConnect a premier managed wireless connectivity…

Bill seeks to better compensate rooftop solar owners for their grid contributions

Alixel Cabrera Utah News Dispatch Utahns planning on installing rooftop solar systems may become better compensated after this legislative session, as Senate legislation proposes an increase in bill credits for customer-generated energy calculations. SB189, titled “Net Metering…

Florida-based Orthopedic Care Partners acquires Orthopedic Partners in Park City

Orthopedic Care Partners, a Fort Lauderdale, Florida-based orthopedic practice management platform, has acquired The Orthopedic Partners, an orthopedic practice based in Park City. The acquisition extends OCP’s presence into a fifth state, marking a significant expansion in the…

47G represents cutting-edge technology in aerospace and defense industry

Becky Ginos The Davis Journal Imagine getting off of a plane at the Salt Lake airport and jumping on an air taxi that will take you to Provo or Park City instead of fighting through traffic. It sounds like something from the futuristic 1960s cartoon “The Jetsons” but it could be…

Industry Briefs 2-19-24

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice.w@thecityjournals.com . The submission deadline is one week before publication. ACCOUNTING Squire , an Orem-based accounting firm, has promoted three people to partner:…

Panel: Plenty of threats to Utah's ski industry

The Olympic Tram speeds skiers to the top of the mountain at Deer Valley Ski Resort in Park City. A Hinckley Institute of Politics panel recently discussed the myriad things that have the potential to derail Utah's booming ski industry. Photo by Austin Anderson for Ski Utah. THE…

Study: Execs don’t understand AI skills enough to build teams

Pluralsight, a Salt Lake City technology workforce development company, has released new research titled “Pluralsight AI Skills Report: The Gap Between AI Investments and Worker Readiness.” The research is based on a survey of 1,200 decision-makers and practitioners working in…

SLC AIRPORT SETS RECORD WITH NEARLY 27 MILLION PASSENGERS

The Salt Lake City International Airport (SLC) hit a new high with a record number of passengers passing through the facility in 2023. From Jan. 1 through Dec. 31, the airport recorded 26,952,754 passengers. This surpasses the previous record of 26,808,014 passengers in 2019. A…

Savory Fund acquires South Block, Virginia-based healthy food chain

Lehi-based Savory Fund, a 15-year-old private equity firm operating in the restaurant industry, has acquired South Block, a healthy food chain headquartered in Clarendon, Virginia. Founded in 2011, South Block specializes in fresh, made-to-order smoothies, acai bowls, toasts and…

SL County joins clean energy program

In what county officials call “a significant stride toward a sustainable future,” Salt Lake County has been officially selected to participate in the 2024 Clean Energy to Communities (C2C) Peer Learning Cohorts program. Inclusion in this cohort program positions Salt Lake County…

Utah Innovation Fund invests $700k in local healthcare, life sciences startups

The Utah Innovation Fund, a state-backed venture capital fund, has made a collective $700,000 investment in three healthcare and life sciences startups. The companies are 3Helix, part of the University of Utah’s startup portfolio; Rebel Medicine, founded by a UofU graduate; and…

CORPORATE FINANCIAL REPORTS 2-12-24

The following are recent financial reports as posted by selected Utah corporations: Zions Zions Bancorporation NA, based in Salt Lake City, reported net earnings applicable to common shareholders of $116 million, or 78 cents per share, for the 2023 fourth quarter. That compares…

WORK DAZE: Looking for motivation at work? Join the crowd

Bob Goldman The year is only one month old and already the reality of your job situation has set in. It isn’t pretty. You could quit, of course, but since you’ve developed the habit of eating regularly, the only alternative is to make some changes. The day to start is today.…

Staff

Feb 10

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