Articles

ATK Delivers Backbone of NASA's James Webb Space Telescope

Magna — ATK has shipped the primary mirror backplane support structure (PMBSS) for NASA's James Webb Space Telescope to Marshall Space Flight Center. The highly engineered PMBSS is the backbone of the telescope, supporting the tel...
August 26, 2013

Merger Approved for Goldenwest and USU Charter Credit Union

Ogden and Logan — Goldenwest Credit Union and USU Charter Credit Union announced today the merger of  the two Utah-based credit unions has been officially approved. The partnership will have a combined 26 branches and close to $1 bil...
August 26, 2013

Red Ledges Breaks Ground on Community Clubhouse

Heber Valley — Red Ledges, a mountain recreation community, has broken ground on the Red Ledges Clubhouse, a 13,800-square-foot facility projected for completion in fall 2014. The clubhouse is planned to include a restaurant and bar, lock...
August 26, 2013

TAB Bank Earns Bankrate Top Tier Award

Ogden — TAB Bank has received the Bankrate.com Top Tier award for consistently offering annual percentage yields (APYs) that were among the highest reported in 100 highest yields for the second quarter of 2013. “We are very plea...
August 26, 2013

VC Industry Leaner and Stronger, Particularly in Utah

The U.S. venture capital industry is undergoing some dramatic changes. There are fewer venture capital firms, and those firms have fewer people. But the firms left standing are strong, well capitalized and looking for good deals, according to M...
August 23, 2013

Utah Well Represented on Inc. 500’s 2013 List

Eleven companies from Utah are featured on the annual Inc. 500 list of the fastest-growing companies in the United States this year. One company—Goal Zero—even made the top 10. Goal Zero, a Bluffdale company that makes solar pow...
August 23, 2013

Downtown Parking Survey Results Released

Salt Lake City — Salt Lake City & Downtown Alliance recently completed a survey of 406 residents in Salt Lake and Davis Counties about on-street metered parking and off-street garage and parking lots. In 2012, the City installed s...
August 23, 2013

Summit Center Investment Sells in Park City

Park City — Summit Center Investment in Park City has sold. The asset consisted of six retail/office buildings totaling approximately 83,000 square feet and is the home to businesses such as EMC2, iSchool Campus and CrossFit Park City. Th...
August 23, 2013

People on the Move

Salt Lake City — Friendemic hired STEVEN PEARSON as its chief executive officer. Pearson joined Friendemic in June, having previously worked at Google, Vector Capital and Mckinsey & Company. Salt Lake City — The Governor...
August 23, 2013

Park City Picked as Google's eCity for Utah

Park City  — Google has selected Park City as Utah’s Google eCity. The eCity Awards recognize the strongest online business community in each state – the “digital capitals” of America. Cities are selected ...
August 22, 2013

Ground Broken on New Lehi Extended-Stay Hotel

Lehi — Home2 Suites by Hilton broke ground last week on the Lehi/Thanksgiving Point Home2 Suites by Hilton. Scheduled for completion in June 2014, the 103-suite, four-story hotel is located at intersection of Ashton Blvd and Clubhouse Dr....
August 22, 2013

U of U Students Create First Shoshone Language Video Game

Salt Lake City — Using a combination of Native American myth and Tim Burton-style artwork, students at the University of Utah have created the first video game in the Shoshone language. Students from the Shoshone/Goshute Youth Languag...
August 22, 2013

Utah Housing Corporation Offers New Lower Payment Mortgage Option

At a time when housing prices have begun to rebound and interest rates have increased from historic lows, Utah Housing Corporation has launched a new mortgage option to assist low- to-moderate income homebuyers by providing a product not availa...
August 22, 2013

GOED Leads Trade Mission to Peru

Salt Lake City, UTAH — The Governor’s Office of Economic Development (GOED) through its International Trade and Diplomacy Office (ITDO) is leading a trade mission to Peru, building on a memorandum of understanding (MOU) signed in Ju...
August 21, 2013

Peak Capital Partners Acquires Two North Carolina Apartment Communities

Orem — Peak Capital Partners, a Utah-based residential multifamily investment company, has acquired two multifamily communities in North Carolina in two separate transactions. In the first transaction, Peak Capital Partners purchased ...
August 21, 2013

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