Archive

Silicon Slopes: Voice of Utah's high-tech industry going strong

Carine Clark, an executive board member of Silicon Slopes, makes a point during a panel discussion at the inaugural Silicon Slopes Tech Summit with (from left) Dave Elkington, founder and CEO of InsideSales.com; and Aaron Skonnard, co-founder and CEO of Pluralsight. The two-day…

Staff

Jan 30

Utah firms still hiring; jobless rate unchanged

Utah’s unemployment rate was unchanged in December at 3.1 percent while the national rate ticked up 0.1 to 4.7 percent, according to numbers released last week by the Utah Department of Workforce Services. The state’s nonfarm payroll employment for December has grown by an…

Millers give up ownership of Jazz to assure stability

John Rogers The Utah Jazz, already recognized as one of the most stable franchises in professional sports, made an unprecedented move last week that may assure its fans that it will stay in Salt Lake City forever. Gail Miller, owner of Jazz parent company the Larry H. Miller…

Commission seeks prison site development ideas

Brice Wallace The public will get a chance at a pair of upcoming workshops to provide ideas for the future of the Point of the Mountain area. The area, which includes some 20,000 acres of undeveloped property in Salt Lake and Utah counties, includes the current site of the Utah…

Report to governor: 2017 will be a lot like 2016 with a little moderation

Brice Wallace Utah’s economy in 2017 should see nearly a repeat of 2016, with perhaps some moderation, according to a report recently presented to Gov. Gary Herbert. The annual Economic Report to the Governor indicates Utah had a “healthy” economy in 2016. “The consensus…

RMP gets grant to promote electric vehicles

Rocky Mountain Power has been awarded a $4 million grant from the U.S. Department of Energy to develop 1,500 miles of electric highway corridors along I-15, I-80, I-70 and I-84. The money is to be used to install electric car charging stations throughout Utah, Wyoming and Idaho,…

CORPORATE FINANCIAL REPORTS

The following are recent financial reports as posted by selected Utah corporations: Zions Zions Bancorporation, based in Salt Lake City, reported net earnings applicable to common shareholders of $125 million, or 60 cents per share, for the fourth quarter of 2016. That compares…

Allen set to lead Outdoor Products division for Vista

Vista Outdoor Inc. of Farmington has named Dave Allen as president of its Outdoor Products division, which includes its hunting and shooting accessories, outdoor recreation and sports protection segments. As segment president, Allen will have responsibility for segment-level…

North Capital buys Access Investors

North Capital Investment Technology Inc., a privately held financial and regulatory technology company based in Salt Lake City, has announced that it has acquired all of the assets of Access Investors Network Inc., the developer of the AccessInvest iPhone application and…

StorageCraft acquires Exablox

Draper’s StorageCraft Technology Corp. has acquired Exablox Corp. of Sunnyvale, California. StorageCraft, founded in 2003, develops and markets backup, disaster recovery, system migration and data protection software for servers, desktop and laptop computers along data…

Modere announces intent to purchase Jusuru International

Modere, an online retailer of personal care and health and wellness products, has announced that it has reached an agreement to buy Anaheim, California-based Jusuru International Inc., a nutraceutical developer of products marketed to the aging population. Based in Springville,…

ARCOM acquires InterSpec

Salt Lake City-based ARCOM has purchased InterSpec, a developer and marketer of e-SPECS software, which converts structure modeling to specification for the building industry. ARCOM, which is owned by San Francisco-based Alpine Investors, is the publisher of the master guide…

Report: Utah tops $2 billion commercial real estate investment sales in 2016

Utah has broken the $2 billion barrier for investment sales of commercial real estate for the first time, according to a report released by Cushman & Wakefield Commerce. The company released its 2016 year-end market review, which shows an exceptional year across the board for…

Industry Briefs

Industry Briefs 1-30-17

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 , Riverdale, has opened a branch inside Lee’s Marketplace…

Executive Profiles

Creating a positive company through education

Amy Steinbrech amy@citylaunchpr.com Fred Johnson was 26 years old when he decided to take a leap of faith and start Eagle Environmental with two partners. Johnson is now celebrating the company’s 23rd anniversary and has become the sole owner. He created a work environment where…

Jan 25

Newsletters

Newsletter - 1-24-17

http://slenterprise.com 801-533-0556 This week in The Enterprise Tuesday, January 24, 2017 Utah gas prices not so bad Global gasoline prices are on the rise — almost 5 percent in the past three months. But the rise in the cost of moving about is felt differently in every…

Utah gas prices not so bad

Global gasoline prices are on the rise — almost 5 percent in the past three months. But the rise in the cost of moving about is felt differently in every country. Folks in Hong Kong were paying an average of $7.32 for a gallon of unleaded gas last week while Saudi Arabians were…

Regulatory reform, education top priorities for SL Chamber

Regulatory reform and fixing tax policy to boost education funding are among the top priorities for the state’s largest business association as the 2017 legislative general session gets underway. The Salt Lake Chamber’s priorities list was revealed last week during the…

Brice Wallace

CPI drops slightly but still ahead of Fed inflation goal

With decreases in food and transportation prices, it costs Utah consumers slightly less to live for the second month in a row. But the Zions Bank Wasatch Front Consumer Price Index (CPI) still sits above the Fed’s national inflation target, with a 2.1 percent increase over the…

Governor's science/tech medals awarded

Eleven individuals and one company recently received 2016 Governor’s Medals for Science and Technology. The awards were presented by Gov. Gary Hebert, the Utah Science Technology and Research (USTAR) initiative and the Governor’s Office for Economic Development (GOED). The…

USTAR tech-biz programs given SBA's Tibbetts Award

The U.S. Small Business Administration (SBA) has awarded one of its highest honors, the Tibbetts Award, to Utah Science Technology and Research’s (USTAR) Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Assistance Center (SSAC). The award…

Zyto buys Kailo Energy

Lindon-based Zyto Corp. has acquired substantially all of the assets and employees of solar energy business and software company Kailo Energy in an all-stock transaction. Kailo Energy has developed a solar rechargeable mobile power storage unit and is developing a complete smart…

EDCU leader Edwards tabbed to head UAMMI

The former longtime leader of the Economic Development Corporation of Utah has been tabbed by the Utah Advanced Materials and Manufacturing Initiative (UAMMI) as its executive director. UAMMI announced last week that Jeffery B. Edwards began work in the new position Jan. 2.…