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The Archive

Archive

More than 9,000 stories of Utah business reporting, 2011–2026. Search the full archive, or browse by date and section.

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SLBJ

Industry Briefs

Industry Briefs 11-21-22

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. ECONOMIC INDICATORS • Utah is No. 5 among states for overall prosperity , according to the…

Staff

Nov 20

Dec39

SLBJ

Top Stories

Vets, ex-cons: An untapped labor pool

Brice Wallace It might seem unusual to find commonalities between military veterans and ex-convicts. But a recent employer seminar found both groups to be among an untapped labor pool where Utah businesses can find the workers they need. In a state with a critically low…

Staff

Nov 14

SLBJ

Top Stories

Consumers feel a little better in Oct.

Utah’s consumer sentiment index score rose from 63.9 in September to 66.0 in October, according to results from the Kem C. Gardner Institute’s Survey of Utah Consumers released recently. Utahns scored near 100 on the index prior to the onset of the COVID-19 pandemic early in…

Ground broken on rPlus Energies' 200MW Iron County solar project

Salt Lake City renewable energy developer rPlus Energies has begun construction of the 200-megawatt Appaloosa Solar 1 project in Iron County. This project is the largest in Utah to reach this milestone. The project is being built adjacent to the 80-megawatt Three Peaks Solar…

Foundation endows UofU School of Computing

The University of Utah has announced a $15 million donation from the Kahlert Foundation to provide support for the university’s School of Computing. The donation will establish an endowment to provide the school with flexible, long-term funding that will expand student support,…

Ohio's GNCO Inc. acquires Intermountain Lift Truck

GNCO Inc., a New York, Ohio-based parent corporation of several material handling companies across the United States , has acquired Salt Lake City’s Intermountain Lift Truck. Details of the transaction, which closed on Nov. 1, were not disclosed. Intermountain Lift Truck will…

Qualtrics research discovers consumer trends that will shape coming years

Consumers are increasingly seeking a human connection in their interactions with brands, according to the Qualtrics 2023 Global Consumer Trends Report. In fact, the Provo firm’s research found that talking to a helpful, empathetic service agent matters more to customers than…

SecurityNational sells mortgages

SecurityNational Mortgage Co., a wholly owned subsidiary of Security National Financial Corp. of Salt Lake City, has sold substantially all of its mortgage servicing rights to PNC Bank of Pittsburgh for approximately $89.7 million. SecurityNational said the value of the mortgage…

Corporate Financial Reports 11-14-22

The following are recent financial reports as posted by selected Utah corporations: Extra Space Storage Extra Space Storage Inc., based in Salt Lake City, reported funds from operations (FFO) attributable to common stockholders and unit holders of $309.7 million, or $2.16 per…

How businesses can prepare for consumer behavior changes, higher loan rates

Matt Bloye The Federal Reserve is expected to continue raising interest rates in 2022 to counteract inflation. The prospect of rising rates may seem daunting for small-business owners, but so far, the reality may have been less worrisome. {mprestriction ids="1,3"} Small…

Succeeding in Your Business: When an LLC makes a ‘Subchapter S’ election

Cliff Ennico “I have operated a service business for the past few years as a limited liability company (LLC) and have been quite successful. “My accountant is recommending that I change my LLC so it’s taxed like a Subchapter S corporation. I understand she is trying to save me…

Four tips to help business owners set & adhere to budgets for long-term projects

Nathan Liao As a company owner, you are likely constantly planning new projects to pursue. For long-term projects, you might have to select which staff members will work on them, purchase software and other items needed, construct a timeframe outlining milestones to hit by…

Innovate Utah: NEW IDEAS, PRODUCTS AND SERVICES FROM UTAH COMPANIES

Shipito LLC , an international parcel forwarding company based in Salt Lake City and serving over 220 countries, has launched Shipito for Business , a third-party logistics solution that includes international shipping, order fulfillment and returns management for small to…

Industry Briefs 11-14-22

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. AGRICULTURE • The Utah Farm Bureau , the largest general farm and ranch organization in Utah,…

Gardner Survey: Attract working parents with day care - and more

Brice Wallace Companies looking to recruit or retain workers with children can create an advantage over their competitors by offering those working parents some family-friendly accommodations. And they don’t have to simply be in the form of on-site child care centers. That…

Utah named to Nat Geo's Top 25 'Best of the World' 2023 list

National Geographic has named Utah to its 2023 "Best of the World" list. The historic publication made the designation based on the “adrenaline rush” opportunities in the “less visited areas of the popular adventure state.” Utah is one of 25 of the most inspiring travel…

Panel: Government work diversity benefits contractors and agencies

Brice Wallace Utah’s demographics are changing, and a group of government officials and others want to see those changes reflected in government contracting. Getting a diverse mix of businesses involved in government work can benefit not just those businesses but also local,…

Widtfeldt appointed to head Pleasant Grove's MojiLife

MojiLife, a Pleasant Grove-based direct selling fragrance company, has named Kristine Widtfeldt as the firm’s next president. Widtfeldt’s has more than 20 years in the direct selling industry and was most recently CEO of a direct-sales decor company. “We are very excited to have…

Texas firm to acquire Rapid Financial

Tyler Technologies Inc., an electronic government payments solution provider in Plano, Texas, has acquired Logan-based Rapid Financial Solutions, a provider of a scalable and secure payment platform with card issuance and digital disbursement capabilities. The purchase price is…

PacifiCorp to buy power from rPlus Energies

Renewable energy developer rPlus Energies has found a buyer for the power generated at its 400-megawatt solar photovoltaic facility soon to begin construction in Emery County. The Salt Lake City company has signed a long-term power purchase agreement (PPA) with PacifiCorp. The…

Genesis Electronics buys Glīd

Salt Lake City-based investment firm Genesis Electronics Group Inc. has acquired Glīd LLC, an autonomous electric railway shipping technology company, also based in Utah. Glīd aims to take a slice of the trucking industry along with the global railroad shipping industry by…

Rocky Mountain University opens college of optometry

Rocky Mountain University of Health Professions, a private, for-profit university focused on graduate healthcare education in Provo, will start its Doctor of Optometry program next summer and is now accepting optometry student applications for its 2023 cohort, which will start…

Facilitative leadership: Your key to effective problem-solving

Richard Tyson In 1973, I accepted the opportunity to become the financial controller at Church College of Hawaii (which soon became BYU-Hawaii). I was 23 years old, but according to friends, I looked 16! At my first administrative meeting with officers of the university, a…

Sustainability important to U.S. smartphone users

A recent survey by Lehi-based mobile device protection company BodyGuardz found that Americans feel it is important for manufacturers to use sustainable materials and processes in the construction of smartphones. The survey also addressed durability expectations for smartphones,…

Staff

Nov 6

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