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Newsletter - 3-27-17

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, March 27, 2017 Lease approval sends positive signal to Utah's coal industry By John RogersThe newly confirmed interior secretary in the Cabinet of Pres. Donald Trump has made an impact on the coal…

Lease approval sends positive signal to Utah's coal industry

By John Rogers The newly confirmed interior secretary in the Cabinet of Pres. Donald Trump has made an impact on the coal industry in Utah in one of his first official actions. Secretary Ryan Zinke approved a $22 million coal lease for a central Utah mining company on Feb. 15.…

Home builder leader: New inventory 'critically low'

By Brice Wallace Some people might be impressed that members of the Salt Lake Home Builders Association constructed 3,600 housing units in the Salt Lake Valley last year. Don’t count Jaren Davis among them. The executive officer of the association recently told a crowd that the…

RMP asks PSC for rate change - lower, not higher

Rocky Mountain Power is asking the Utah Public Service Commission for a $14.6 million rate decrease. The decrease equates to annual electricity savings of $6.96 for the average customer, using 698 kilowatt-hours a month. The utility’s Energy Balancing Account (EBA), which…

Staff

Mar 27

Whalen announces retirement, Nelson to take reins at Employers Council

The leader of Utah’s Employers Council has announced plans to retire at the end of May, ending 23 years at the organization, including the past 15 as president. Monica Whalen will be succeeded by staff attorney Ryan D. Nelson. The council, a nonprofit corporation, serves the…

Staff

Mar 27

Utah in top five for employing vets

According to new data from the Bureau of Labor Statistics (BLS), Utah’s 2016 veteran unemployment rate is 2.3 percent, ranking Utah as one of the top five states for veteran employment in the U.S. Since 2011, the veteran jobless rate has dropped from 8.1 percent to the current…

Staff

Mar 27

Complete XRM buys Texas firm

Complete XRM Inc., a productivity applications developer based in Salt Lake City, has acquired Fanatic Software of Cedar Park, Texas. Fanatic develops a mobile productivity app called Pocket Informant for Mac, iOS and Android and will continue its operations in Texas. “Fanatic…

Staff

Mar 27

Realtor.com report: Salt Lake best among top 50 cities for millennials

Salt Lake City is the top city in the U.S. for millennials, according to a report released last week by online real estate website Realtor.com. The organization analyzed the 60 largest U.S. markets and compared the share of millennial page views in each area to the national…

Staff

Mar 27

Salt Lake's Dynatronics acquires New Jersey training products company

Salt Lake City-based Dynatronics Corp. has announced an agreement to acquire the assets of Hausmann Industries Inc. of Northvale, New Jersey, a manufacturer of branded, physical therapy and athletic training products. The purchase price was announced at approximately $10 million…

Staff

Mar 27

St. George firm owners are SBA Business Person of the Year recipients

Stefanie and Joshua Bevans, owners of Design to Print in St. George have been named the 2017 Utah Small Business Person of the Year award recipients. Administrator Linda McMahon, the new head of the U.S. Small Business Administration, made the announcement last week. “It is my…

Staff

Mar 27

Rocky Mountain Power awards funding to three renewable energy projects

Three renewable energy projects – in Ogden, Vernal and Moroni – have been awarded Blue Sky funding from Rocky Mountain Power. The DaVinci Academy of Science and Arts in Ogden has been awarded $163,800 to build a 65-kilowatt solar system. The solar panels will provide about…

Staff

Mar 27

CORPORATE FINANCIAL REPORTS 3-27-17

The following are recent financial reports as posted by selected Utah corporations: Vivint Solar Vivint Solar, based in Lehi, reported net income attributable to common stockholders of $20.1 million, or 18 cents per share, for the quarter ended Dec. 31. That compares with a net…

Staff

Mar 27

Above all, doing away with corporate welfare is the right thing to do

By Veronique de Rugy If the pre-budget rumors are true, President Donald Trump is making good on his promise to drain the swamp by putting a few corporate welfare programs, such as the Export-Import Bank and the Overseas Private Investment Corp., on the chopping block.…

Will the retreat at Mar-a-Lago mark the passing of the baton to China?

By Fareed Zakaria We do not yet have the official agenda for next month’s meeting at Mar-a-Lago between Donald Trump and Chinese Pres. Xi Jinping. But after 75 years of American leadership on the world stage, we might be watching the beginning of a handover of power from the…

Saving up an emergency fund may be daunting, but it's a challenge that's doable

By Mark Lund We all would love to have a little extra cash on hand for emergencies. Saving up that cash can be a challenge – but with a little effort, that challenge can be met. Imagine a 30-year-old couple with no real savings. Let’s call them Kurt and Diana. Together, they…

Business Tech: Potential of the 'Internet of things' is limitless, but be careful with security & privacy

By Mike Herrington The Internet of things, or IoT, has become a buzzword when talking tech and it has already made an impact on how businesses work and how we live our lives. The one thing that experts seem to agree about completely is that IoT is here to stay and will…

Editorial Cartoon - That's A Joke

Staff

Mar 27

Industry Briefs 3-27-17

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. ASSOCIATIONS • Dan Griffiths has been named to the board of directors of the American Institute…

Staff

Mar 27

Help Wanted: Utah's jobless rate is among the best in the nation, but that's not necessarily a good thing if you're a contractor trying to build a crew for a big, new job

By Frances Johnson It might be hard to imagine a downside to Utah’s lower-than-average unemployment rate, but for the construction industry in the state, there definitely is one. When the recession hit in 2008, Utah’s construction workforce went from 100,000 individuals to…

Workforce development top priority for Utah’s equipment industry

The construction equipment industry currently faces a technical workforce crisis nationwide, and equipment dealers in Utah have responded accordingly. According to a recent study by the College of William & Mary commissioned by the AED Foundation, the shortage of qualified…

Staff

Mar 26

Save yourself grief with regular electrical preventive maintenance

Just like any other high-performance machine, electrical systems need regular preventive maintenance and monitoring to keep them running safe and sound. Electrical systems are the heartbeat of the buildings where we live and work. These systems go about their business, often…

Staff

Mar 26

MODEL CITIZENS: Utah raises the standard for construction design with 3D survey technology

It’s a race to produce the first standardized autonomous vehicle. In the heat of the pack, Google and Uber are caught up in a legal battle over LIDAR — an acronym for Light Detection And Ranging Technology — a vital component of self-driving cars. While these tech companies…

Staff

Mar 26