Archive

'Red Emerald' initiative aims to give tourists 'quality experience'

By Brice Wallace With Utah’s national parks bulging with visitors — to the point that reservations are being considered — the Utah Office of Tourism has undertaken a strategy to boost the quality of visits rather than the quantity. Called “Red Emerald,” the strategy looks to…

Utah consumer prices dip for first time this year

For the first time since January, prices along the Wasatch Front took a small step backward in October. The Zions Bank Wasatch Front Consumer Price Index (CPI) decreased 0.4 percent from September to October due mainly to seasonal changes in demand for apartment rentals and…

Staff

Nov 26

Utah ski industry looks to enjoy third straight record season

By Brice Wallace Pardon the pun, but Utah’s ski resorts have been on a run. And they want to see it continue. Coming off two record seasons, the state’s resorts are hoping that 2017-18 is a repeat. “Last year was an all-time record,” Nathan Rafferty, Ski Utah’s president, said…

Merit Medical buys two BD product lines

Utah medical technology giant Merit Medical Systems Inc. has agreed to buy two product lines from Becton, Dickinson & Co., which operates under the trademark BD, for a reported cost of $100 million. BD proposed the sale of the assets in conjunction with its acquisition of C.R.…

Staff

Nov 26

BioUtah honors seven with 2017 Life Sciences Awards

Seven individuals, companies and organizations recently were presented with 2017 Life Sciences Awards at the Utah Life Science Summit for their contributions to the industry. The awards were announced by BioUtah, a nonprofit life science trade association. They recognize…

Staff

Nov 26

Zions announces restructuring, will petition to lose 'too big to fail' status

Zions Bancorporation of Salt Lake City announced last week that it will streamline its corporate structure by merging the parent company into its banking subsidiary, ZB NA, or one of its subsidiaries. The resulting entity will bear the name Zions Bancorporation, NA and will…

Staff

Nov 26

TaskEasy to grow, bring 191 new jobs

The Governor’s Office of Economic Development board often awards economic incentives to companies in financial technology, medical innovation and other high-tech sectors. A company approved for an incentive this month focuses on mowing lawns. Specifically, TaskEasy Inc. uses a…

Staff

Nov 26

Mortgage delinquency dropping

Fewer and fewer Utah homeowners are having trouble paying their mortgage payments, according to information released this month by property information and analytics firm CoreLogic. In the Salt Lake City market, 2.9 percent of mortgages were delinquent by at least 30 days…

Staff

Nov 26

Utah Pickle Co. building wins $50,000 restoration grant through nationwide vote

A Salt Lake City project is among 11 historic sites nationwide to win funding through a popular vote. The $50,000 preservation grant to restore the former Utah Pickle Co. building was secured in a contest put together by American Express, the National Trust for Historic…

Staff

Nov 26

Mountain States Steel sold to Phoenix firm

Mountain States Steel of Lindon has been sold to DBM Global Inc. of Phoenix, a family of companies involved in structural and steel construction services and an operating subsidiary of HC2 Holdings Inc. Terms of the transaction were not disclosed. A structural steel fabricator…

Staff

Nov 26

MACU contracts for naming rights of South Towne center

Salt Lake County officials have announced a 10-year partnership with Mountain America Credit Union that grants naming rights to the South Towne Expo Center in Sandy. Beginning in January, the convention and meeting venue will be known as Mountain America Expo Center. The venue…

Staff

Nov 26

Jobless insurance system honored

Utah’s unemployed continue to benefit from the best unemployment insurance and appeals programs in the nation, the U.S. Department of Labor affirmed. Utah was recognized for its operational excellence in appeals decisions and tax operations at the National Unemployment Insurance…

Staff

Nov 26

Corporate Financial Reports - 11-27-17

The following are recent financial reports as posted by selected Utah corporations: Dominion Energy Dominion Energy, based in Virginia but which acquired Salt Lake City-based Questar Corp. last year, reported net income of $665 million, or $1.03 per share, for the quarter ended…

Staff

Nov 26

Garrett just the type of guy to keep the Export-Import Bank honest

By Veronique de Rugy Recently, Boeing confirmed the purchase by China of 300 planes for the listed price of $37 billion. This deal occurred without any backing from the infamous Export-Import Bank of the United States — an outfit that lowers the cost of borrowing for foreign…

Staff

Nov 26

Trump now invested in a strategy that could destabilize Saudi Arabia

By Fareed Zakaria Donald Trump gave a speech recently grading his Asia trip. Not surprisingly, he thought it was a “tremendous success.” “Our great country is respected again in Asia,” he tweeted. All recent polling data from the region suggests the opposite. A core focus of…

There's a lot that the Democrats don’t want you to know about socialism

By Robert Pembroke My wife and I had our first brush with socialism/communism on a business trip to China many, many years ago. We were flying on a Chinese-owned airline from Canton to Hangzhou and I could not get my seat to lock in an upright position. A person behind me then…

Editorial Cartoon: Mobster Appointments

Staff

Nov 26

Industry Briefs - 11-27-17

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 • America First Credit Union has opened a location inside the Kent’s Market in Brigham…

Staff

Nov 26

Newsletter 11-20-17

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, November 20, 2017 Utah tourism board: National park fee hike bad for business By Brice WallaceThe Utah tourism board is pushing back against a National Park Service proposal to increase fees at 17…

Utah tourism board: National park fee hike bad for business

By Brice Wallace The Utah tourism board is pushing back against a National Park Service proposal to increase fees at 17 national parks, saying that it could unintentionally hurt certain commercial activities there. The Utah Board of Tourism Development, during a recent meeting…

Nikola adds watercraft to growing family of electric vehicle products

By John Rogers First came an electric two-seat ATV, then its signature over-the-road electric truck. Now Nikola Motor Co. of Salt Lake City has added an electric personal watercraft to its lineup with the acquisition of Free Form Factory Inc. of Sacramento, California. Terms of…

September dips, but home prices remain strong

Home prices in the Salt Lake City market took a small step backward from August to September but are still ahead for the year. On a month-over-month basis, the average selling price of a northern Utah home dropped 0.7 percent, according to the CoreLogic Home Price Index (HPI)…

Staff

Nov 19