Articles

MMIC and UMIA Acquisition Complete

Salt Lake City – MMIC announced has finalized the transaction to acquire Utah Medical Insurance Association in a deal that took effect June 30. Through this transaction, UMIA became a wholly-owned subsidiary of MMIC. The deal expands ...
July 2, 2013

Security National Financial Corporation Buys Office Building

Draper — Security National Financial Corporation announced the completion of the purchase of a class-A office building, known as Wasatch 16, in Draper, Utah, a suburb of Salt Lake City. Wasatch 16 has a total square footage of approxi...
July 2, 2013

Goldenwest Credit Union Launches Online Banking System

Ogden – After more than a year of preparation, Goldenwest Credit Union has launched a new online banking system. “Our new online banking experience provides members with enhanced self-service features, giving them greater capaci...
July 2, 2013

Baby Golden Eagles Undisturbed by ATK Rocket Test

Promontory – All systems were “go” weeks in advance at ATK’s test facility for the May 23 ground test of the U.S. Air Force’s Large Class Stage I (LCS I) solid rocket motor. However, one month before the scheduled ...
July 1, 2013

Newpark Resort Management Sold

Park City – Chris Eggleton and Chris Retzer, two local entrepreneurs who have worked a combined 18 years on the evolution of Newpark, have acquired Newpark Resort Management, LLC, the property management company for the Newpark Town Cente...
July 1, 2013

Candlelight Homes Features "Smart Home" in Parade of Homes

South Jordan – Candlelight Homes is featuring its new “smart home” in the Northern Wasatch Parade of Homes. The home includes “smart” technology that allows homeowners to control their home from their phone includi...
July 1, 2013

Sorenson Capital Acquires Wilson Electronics

St. George — Wilson Electronics, a manufacturer of cellular signal boosters, has been acquired by Sorenson Capital. In addition, Sorenson Capital managing directors Fraser Bullock and Tim Layton, as well as principal LeGrand Lewis, have j...
June 28, 2013

Start-Up Refinery Expected to Bring 125 Jobs to Emery County

Emery County — Emery Refining, LLC and the Governor’s Office of Economic Development (GOED), announced that the company will construct a facility in Emery County, expected to add 125 permanent new jobs to Utah’s refining indus...
June 28, 2013

Utah Ranked 18th for Private Equity Growth and Investment in 2012

Washington, D.C. — Private equity firms invested $347 billion in U.S.-based companies in 2012, and Utah ranked 18th nationwide for private equity and growth capital investment value, according to the third annual “Private Equity: To...
June 28, 2013

Henry Walker Opens Townhome Development in West Valley

West Valley City — Henry Walker Homes has opened a 154-unit townhome community called Villages at Westridge in West Valley City. Located at 5315 South and 5600 West, Villages at Westridge is designed to provide compatible land uses in...
June 28, 2013

People on the Move

Provo — The Utah Valley Convention and Visitors Bureau hired AMANDA OSCARSON as its new interactive marketing manager. She will be responsible for managing the bureau’s social media efforts. Salt Lake City — Home Federal B...
June 28, 2013

Cool Angle Named Semi-Finalist in Cleantech Open Accelerator

Brigham City — Cool Angle LLC of Brigham City, Utah, just returned from Silicon Valley as the only semi-finalist from Utah in the 2013 Cleantech Open Accelerator. The product developed by Cool Angle is a patented asphalt roofing technolog...
June 27, 2013

UTC Working to Increase Visibility of STEM Careers

The Utah Technology Council has been busy this month spreading the message to high school counselors and students that careers in science, technology, engineering and math should be foremost in their minds. This message comes on the heels o...
June 27, 2013

Sahara To Break Ground on Cottonwood Place Assisted Living

Bountiful —Sahara Construction will break ground today on Cottonwood Place Senior Living in Holladay, Utah. The new community, located at 5600 South Highland Drive, is a 127,733 square-foot, two-story assisted living and memory care c...
June 27, 2013

Futura Industries Buys New Clearfield Distribution Center

Clearfield —Futura Industries has purchased a distribution center in Clearfield from Prologis, an owner, operator and developer of industrial real estate. The newly-purchased distribution center at 1201 South Industrial Parkway is a 2...
June 27, 2013

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