Archive

Adaptive Health acquires Biovation Labs of SLC

Biovation Labs of Salt Lake City has been acquired by Adaptive Health, a North Carolina nutritional health products company that manufactures many of Biovation Lab’s core products, including Instaflex Advanced Joint Support, Lumiday Mood Enhancement and Nugenix Total-T.…

Staff

Feb 4

UofU engineer's project will 'listen' to corn crops when they're having problems

Plants have important things to say and University of Utah electrical and computer engineering associate professor Hanseup Kim wants to listen to them. Kim leads a team of UofU engineers who have received a $2.2 million grant from the U.S. Department of Energy to design and…

Staff

Feb 4

CBRE MarketView: Industrial, retail and office real estate lead strong 2018

The Salt Lake City office of commercial real estate firm CBRE has released its Market View report for the fourth quarter of 2018. The report highlights local market activity in the areas of industrial properties, retail leasing and office leasing. The study’s findings include: •…

Staff

Feb 4

Industry Briefs 2-4-19

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. BANKING • EnerBank USA , a Salt Lake City-based consumer lender helping business partners and…

Staff

Feb 4

Editorial Cartoon: Thought Leader

Staff

Feb 4

6 tips to help you find courage to decide to pursue your passion

By Richard Tyson The early months of a new year often find us considering opportunities for improvement, innovation and growth. It is a time when we are motivated to reset, recharge and/or recommit. We are faced with decisions of choosing how we will allocate our time, talents…

Crazy and costly minimum wage laws: Be careful what you wish for

By Veronique de Rugy We have a saying in France that goes something like this: “With enough ‘ifs,’ we could put Paris in a bottle.” In other words, if you assume away all the difficulties of the real world, you can achieve miracles. This proverb was all I could think about when…

Despite his other shortcomings, Trump sure knows how to play the press

By Robert Pembroke I am not a fan of Donald Trump and I did not vote for him. I voted for my best friend by writing in his name for president. Trump is boisterous, overbearing, annoying and has funny-looking hair. But Trump, for all his faults, is a master at manipulating the…

A Davos meet without America may foreshadow a world without America

By Fareed Zakaria The atmosphere at the recent 2019 World Economic Forum in Davos, Switzerland, reflected the global picture perhaps more genuinely than in years past — and the painting is not very pretty. The mood there was subdued, cautious and apprehensive. There wasn’t not…

Economic conditions have more to do with black unemployment than racism

By Thomas Sowell Seventy-one years ago last month — in January 1948 — a black, 17-year-old high school dropout left home. The last grade he had completed was the ninth grade. He had no skills, little experience and not a lot of maturity. Yet he was able to find jobs to support…

Newsletter - 1-28-19

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, January 28, 2019 Growth is slowing but recession not in view of summit speakers By Brice Wallace Slower growth.That was the gist of economic forecasts presented recently at the Utah Economic Outlook &…

Growth is slowing but recession not in view of summit speakers

By Brice Wallace Slower growth. That was the gist of economic forecasts presented recently at the Utah Economic Outlook & Public Policy Summit, but speakers focused on the “growth” component of the phrase. Juliette Tennert, director of economic and public policy research at the…

3% more jobs in 2018, jobless rate stays level

Job growth in Utah finished 2018 above 3 percent, according to figures released by the Utah Department of Workforce Services. The total number of Utahns holding jobs climbed to 1,542,600 at the end of the year, up 47,200 jobs since December 2017, a rise of 3.1…

Staff

Jan 27

Glacier acquires First National Bank of Layton

Glacier Bancorp Inc., headquartered in Kalispell, Montana, has acquired First National Bank of Layton (FNB) and its holding company, FNB Bancorp. The purchase of the Layton-based bank is Glacier’s 21st acquisition since 2000 and its 10th transaction in the past six years. FNB…

Staff

Jan 27

Hillcrest Bank expands into Utah, Samuelson named area president

Hillcrest Bank, a division of National Bank Holdings Corp. (NBH) of Greenwood Village, Colorado, has expanded into Utah with the intent of serving commercial and business banking clients along the Wasatch Front, the company has announced. Chet Samuelson, formerly of Wells Fargo…

Staff

Jan 27

CircusTrix adds to growing park portfolio

Provo-based CircusTrix, self-proclaimed to be the largest owner, operator and franchisor of trampoline parks in the world, has acquired Planet 3 Extreme Trampoline Parks of Flint, Michigan. CircusTrix also recently bought Rockin’ Jump and Sky Zone trampoline parks in California.…

Staff

Jan 27

DigiCert completes acquisition

Lehi’s DigiCert Inc. has completed its acquisition of the QuoVadis Group, a worldwide cybersecurity and connectivity company based in Switzerland. DigiCert is a leading transport layer security certificate (TLS) provider in the cybersecurity space and will add QuoVadis’ position…

Staff

Jan 27

Shutdown hits nonprofits

The ongoing federal government shutdown is affecting Utah charitable organizations on two separate fronts, according to a recent survey by the Utah Nonprofits Association. Foremost among the concerns expressed by UNA members is the stoppage in the flow of federal funds that keep…

Staff

Jan 27

Shopko bankruptcy closes 13 Utah stores, leaves just seven open

Utah seems to be taking the brunt of another round of Shopko store closures. The Wisconsin-based retailer filed for bankruptcy protection last week and announced the closing of 38 stores — 13 of which are in the Beehive State. The chain announced the closing of 40 stores last…

Staff

Jan 27

Record industrial property delivery leads strong commercial real estate year

Utah commercial real estate had another strong year in 2018 across all property types along the Wasatch Front, according to the 2018 Year-End Market Report from commercial real estate firm Newmark Grubb ACRES. The report breaks down how each property type performed in 2018 and…

Staff

Jan 27

CORPORATE FINANCIAL REPORTS 1-28-19

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 $217 million, or $1.08 per share, for the 2018 fourth quarter. That compares…

Staff

Jan 27

Business Tech: Cost of cybersecurity keeps going up, but its importance isn't going down

By David Black You don’t need to be a Certified Information Systems Security Professional (CISSP) to see how debilitating a cyberattack is for small businesses and e-commerce sites. As the volume of attacks continue to increase, all businesses need to take every provision to…