Cover Stories
Tech gathering receives capital infusion from state Legislature
By Brice Wallace A nascent gathering of tech junkies just got a financial boost. The annual Silicon Slopes Tech Summit, in just its third year but expecting perhaps 20,000-25,000 attendees later...Shared office company will add 250 jobs as it expands in Utah
A company that provides shared office and meeting space and online meeting software is expanding in Utah, planning to add 250 jobs over the next five years. Salt Lake City-based Teem LLC, which...Housing prices drive CPI with another record
Housing price hikes along the Wasatch Front didn’t take the holidays off like they usually do. For the second consecutive month, home prices in December set a year-over-year record for growth,...
This Week's Headlines
Point of the Mountain Board Authority looking for director to oversee development
The Point of the Mountain Board Authority, the body charged with the disposition of land where the Utah State Prison now stands, is searching for an executive director to oversee the process of...Ride Systems merges with Indianapolis firm
Morgan-based Ride Systems LLC and DoubleMap Inc. of Indianapolis, Indiana, have merged their vehicle-tracking software companies to form Journey Holding Corp. The new firm is now considered the...Arizona fashion software company buys Salt Lake's Red Wire Group sewing operation
Salt Lake City-based Red Wire Group LLC, a contract sewing manufacturer, has been acquired by 12 ReTech Corp., a retail fashion shopping software company with U.S. headquarters in Scottsdale,...Lassonde launches Entrepreneur Challenge
The Lassonde Entrepreneur Institute of the David Eccles School of Business at the University of Utah has opened registration for the 2018-19 Utah Entrepreneur Challenge. The statewide business...Parker new president at SCM
Rodney R. Parker, a shareholder at Snow Christensen & Martineau, has been appointed president of the firm. His appointment was effective Jan. 1. Parker replaces Andrew M. Morse, who has served as...Children of wealthy want their parents’ values more than wealth, survey finds
More than nine in 10 Generation Z and millennial children of millionaires say the most important thing they will inherit is their parents’ values, not their wealth, according to a recent survey by...Editorial Cartoon: How This Place Works
Industry Briefs 1-21-19
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. CONSTRUCTION...Legal Matters: Opportunity zones and opportunity funds in Utah
As part of the Tax Cuts and Jobs Act, a new tax incentive program was created to encourage economic development in distressed communities. Within these communities, specific “qualified opportunity...What nearly 10,000 miles on the road throughout Region VIII has taught me
By Dan Nordberg When I became regional administrator at the U.S. Small Business Administration, I never would have imagined the many positive experiences and challenges I’ve experienced during my...The DOJ shouldn’t reignite the fight against intrastate gambling
By Veronique de Rugy The ongoing government shutdown has already become the longest shutdown in U.S. history. As for how long the current standoff between the Trump administration and the...Would elimination of regulations return governance to the people?
By Robert Pembroke America is being suffocated by over-regulation. It’s costing U.S. industry trillions in compliance costs. While discussing this at our Saturday Morning Breakfast Club, I posed...Utah payment processor to expand, add jobs
By Brice Wallace A payment processing solutions company will expand in Utah and add 300 jobs in the next few years. Galileo Processing Inc. made the announcement after being approved for a $2.4...Film Commission touts busy 2018, looks ahead to 2019
The year 2018 was a busy one for the Utah Film Commission, as 550 film permits were approved across the state and 16 productions received incentives to shoot in Utah. The incentivized productions...Auric Solar buys Solaroo
Auric Energy of West Valley City has acquired West Jordan-based Solaroo Energy, a competing rooftop solar installation company serving Utah and Colorado. The acquisition reflects opportunities to...Cox: Utah rebounds in rankings of tech concentration, dynamism
By Brice Wallace Last month, Lt. Gov. Spencer Cox decried Utah’s slip in a Milken Institute ranking of states based on technology concentration and dynamism. Utah had fallen to 13th in 2016...
