Archive

The future comes to Salt Lake City on December 2

With just barely three months to go until its anticipated rollout of the world’s first electric-powered Class 8 commercial semi truck, Salt Lake City’s Nikola Motor Co. is working hard to be ready while answering questions about a recently announced major competitor. With just…

Merit R&D center shunned by South Jordan, may go to Ireland

Fred P. Lampropoulos, chairman and chief executive officer of Merit Medical Systems Inc., said last week he was “heartbroken” that the South Jordan City Planning Commission last week voted to recommend that the city council deny a request to change the land use and rezone the…

Newsletter - 8-24-16

www.slenterprise.com 801-533-0556 Subscribe To The Enterprise This week in The Enterprise – Utah’s Business Journal Aug 24, 2016 CPI inches up as housing costs increase Since Utahns spend a large chunk of their income on housing, even a slight increase in related expenditures…

$3.4 million in grants for workforce development

The Utah Cluster Acceleration Partnership has announced the recipients of more than $3.4 million in grants to Utah businesses for workforce development. Each year the partnership awards grants to strengthen collaboration between education, industry and economic development…

Editor Cartoon - Meanwhile In Russia

Industry Briefs 8-15-16

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 • Jacob Glines has been named the first alumni association president for Neumont…

Newsletter - 8-16-16

www.slenterprise.com 801-533-0556 Subscribe To The Enterprise This week in The Enterprise – Utah’s Business Journal Aug 16, 2016 EDCU has good year: 14,949 jobs made or saved The Economic Development Corporation of Utah had a busy 2015-16 fiscal year, working on projects…

This is not your grandfather's manufacturing industry

Those of us in the manufacturing industry have always known that this industry is driven by innovation and creates the opportunity that’s made the American economy the envy of the world. Those of us in the manufacturing industry have always known that this industry is driven by…

Nine TV and movie projects set to begin production following incentive approvals

Cameras will be rolling in a big way during the next few weeks as nine TV and film productions recently were approved for tax credit incentives. The Governor’s Office of Economic Dev-elopment (GOED) board approved the incentives at its July meeting. Some of the largest…

I'm sharing the non-secret formula that makes a great salesperson

Why are salespeople great? What makes salespeople successful? What characteristics make up a sales superstar? Why are salespeople great? What makes salespeople successful? What characteristics make up a sales superstar? Wouldn’t you like to know the answer to these questions? So…

Industry Briefs 8-8-16

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. CONSTRUCTION • Big-D Construction has completed the first of 18 cabins at Victory Ranch in…

Feds accuse 1-800 Contacts of unfair business practices in complain

The U.S. government has filed a complaint against 1-800 Contacts, alleging that the online contact lens seller reached agreements with 14 rivals to hamper consumers seeking to compare prices. The U.S. government has filed a complaint against 1-800 Contacts, alleging that the…

Byrne returns to head Overstock.com; Simon resigns for other opportunities

A couple of major changes have occurred recently to leadership at Overstock.com Inc. Stormy Simon resigned as president in order to pursue other opportunities and Patrick M. Byrne, the company’s founder, resumed duties as chief executive officer after being on medical leave…

SLC hosting 5,000 at 'Super Bowl' of conventions

Salt Lake’s meeting and convention industry is rolling out the red carpet this week for a group of influential decision makers that has the potential of bringing millions in convention business to the state. Salt Lake’s meeting and convention industry is rolling out the red…

EDCU has good year: 14,949 jobs made or saved

The Economic Development Corporation of Utah had a busy 2015-16 fiscal year, working on projects expected to result in 14,949 jobs created or retained in the state. The Economic Development Corporation of Utah had a busy 2015-16 fiscal year, working on projects expected to…

Corporate Financial Reports 8-12-16

The following are recent financial reports as posted by selected Utah corporations: Nu Skin Nu Skin Enterprises Inc., based in Provo, reported net income of $44.7 million, or 79 cents per share, for the second quarter ended June 30. That compares with $44.7 million, or 75 cents…

Sending a proposal and getting a sale are still miles apart

“Sounds good, send me a proposal.” How many times have you heard that? Too many. So you run back to your office, put together a proposal, send it to the prospect and start the follow-up process (and the prayer vigil). “Sounds good, send me a proposal.” How many times have you…

29,000 outdoor retailers attend confab and leave $25M behind

Attendees entering last week's Outdoor Retailer Summer Market stop to check out a vehicle on display outside the Salt Palace Convention Center in Salt Lake City. About 29,000 manufacturers, retailers and suppliers were expected to attend the four-day event, organized by Emerald…

Myriad adds to capabilities with acquisition of Assurex Health

Salt Lake City-based Myriad Genetics has acquired Assurex Health, a developer of genetic testing for psychotropic medicine based in Mason, Ohio. Myriad said in a release that the initial sale price is $225 million, but that the deal carries the potential for $185 million in…

Newsletter - 8-8-16

www.slenterprise.com 801-533-0556 Subscribe To The Enterprise This week in The Enterprise – Utah’s Business Journal Aug 8, 2016 29,000 outdoor retailers attend confab and leave $25M behind Another Outdoor Retailer Summer Market has come and gone, leaving in its wake a more than…

Industry Briefs 8-1-16

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 • KeyBank recently had a ribbon-cutting ceremony for its new Salt Lake City mortgage…

Staff

Aug 1

Mediation

The construction industry has something important to teach us about resolving disputes. Architects, engineers and contractors long ago accepted mediation as a primary dispute resolution process due to its efficiency and effectiveness. The construction industry has something…