Featured Stories
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Fervo Energy signs PPAs with SoCal power company
MILESTONE FOR UTAH GEOTHERMAL ENERGY John Rogers Fervo Energy’s 400-megawatt Cape Station power project, currently under construction near Milford in Beaver County, has reached a critical milestone on its way to becoming the largest geothermal generating station in the United States. Houston-based Fervo has announced the execution of two power... -
UIPA board OKs Castle Country port project
Brice Wallace Officials in Carbon and Emery counties are hoping a new Castle Country Inland Port Project Area will spur companies to put operations there and reverse the flow of young people out of the area. “Green River’s greatest export, and you can find it riddled in our city minutes, is its children,” Green River Mayor Ren Hatt said before... -
Kent Outdoors names Hales CEO
Kent Outdoors, a watersports and ski equipment manufacturer that moved its headquarters to Summit County from Ohio last year, has named Randy Hales as its new CEO. Hales brings decades of consumer product experience to Kent Outdoors, having held executive positions in several high-growth companies, including serving as CEO at Next Level Apparel; CEO at... -
Doppelmayr will expand Salt Lake facility, add jobs
MANUFACTURER OF ROPEWAY PRODUCTS Brice Wallace A ropeway manufacturer will expand in Salt Lake City, adding 130 jobs and investing over $60 million over the next decade. Salt Lake City-based Doppelmayr USA makes ropeway products, or systems that use ropes to transport people or materials using suspended carriers — think chairlifts, gondolas and... -
Utah joins Wyoming in suit against feds over land-use rule
The states of Utah and Wyoming have filed a joint lawsuit challenging the new Public Lands Rule recently established by the Bureau of Land Management (BLM). The states are suing the U.S. Department of the Interior and the BLM for failure to comply with the National Environmental Policy Act (NEPA). NEPA requires federal agencies to assess the... -
FOR THE FIRST TIME THIS YEAR, JOBLESS RATE TICKS UPWARD
For the first time this year, Utah’s unemployment rate saw a small increase in May, increasing one-tenth of a percentage point to 2.9 percent, leaving an estimated 51,900 Utahns still looking for work, according to data released by the Utah Department of Workforce Services (DWS). The national unemployment rate also saw a one-tenth of a percentage point... -
Intermountain unveils plans for new 'urban hospital'
A rendering presented at a recent meeting of the Salt Lake City Council depicts Intermountain Health's planned hospital campus at the site of theformer Sears store in the downtown area of the city. Shown is the intersection of 800 South and Main Street with a traffic ramp built into MainStreet and a skybridge for access to a parking structure... -
State commission looks at hosting Olympics as a 'marker' for economic growth & prosperity planning
Brice WallaceBusiness Journal Some Utahns are looking forward to seeing the state host the 2034 Winter Olympic Games. A state commission is considering a vision of what the state should be in the years before and after that event. During a recent brainstorming session, members of the Unified Economic Opportunity Commission tossed out ideas that... -
Two new Utah industrial banks receive conditional approval from DFI
Two separate companies have received conditional approval to establish Utah state-chartered industrial banks. Commissioner Darryle Rude of Utah’s Department of Financial Institutions recently signed orders approving the establishment of Thrivent Bank and GM Financial Bank. The orders were signed on June 14 and are conditioned upon, among other... -
New clean energy facility aims to 'lead by example'
CLIMATE INNOVATION CENTER Brice Wallace A new center that aims to serve as a model for the construction of zero-energy buildings across the West has opened in Salt Lake City. The Climate Innovation Center at 215 S. 400 E. will serve as headquarters for nonprofit Utah Clean Energy. The structure once was a dilapidated, 50-year-old building but its...