April 1, 2012

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Student 25

The Rules To be eligible for Student 25 consideration, a company must:...Read More

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Around Utah

Sarah Cutler

April 1, 2012

Hang Time Sports Builds New Trampoline Park

Lehi - HANG TIME SPORTS recently opened a 2,500-square-foot indoor trampoline park inside XSI FACTORY located at 4425 N. Thanksgiving Way in Lehi. The park includes high-performance trampolines, a double-mini trampoline, a large foam pit, rock wall and an observation deck.

“Our objective is to provide a fun, healthy activity for people of all ages within XSI Factory,” says Aaron Cobabe, managing partner of Hang Time Sports. “Our trampolines and foam pits are extremely fun; they create big smiles and great memories. We also provide the best venue for birthday parties, team parties, family reunions and other events. The entire park can even be rented out for large groups.”

XSI Factory is a 70,000-square-foot sports training facility that features five basketball courts, fitness classes, sports camps and leagues, a full workout gym, U.S.A.-certified boxing coaches, personal trainers, and special training and skills techniques. The building can also be rented out as a venue for trade shows, concerts, sporting events, dances, seminars, press conferences, company holiday parties and weddings.

XSI Factory recently completed nearly $100,000 worth of renovations. The remodel included new bathrooms, showers, locker rooms, an upgraded fitness center, new paint, refinished flooring, and a refinished and upgraded lobby. Other new additions to the facility include free motion exercise equipment, a new boxing class schedule, a new tae kwon do program, new spin bikes and Zumba, turbo kick and total conditioning classes.

WASTACH/SUMMIT AREA

Heber Valley - RED LEDGES announced record sales for homesites and new homes in 2011. Red Ledges offers a wide range of luxury home ownership options from its collection of Mountain Villas, Cottage Homes, The Heights and estate homesites.

Snowbird - SNOWBIRD SKI AND SUMMER RESORT began offering tours by LOFTY PEAKS SNOWMOBILING. Lofty Peaks’ professional guides take guests to powder-filled meadows and groomed trails through the American Fork drainage.

Snowbird - SNOWBIRD SKI AND SUMMER RESORT offered a free aerial tram ride to a grade school child in Salt Lake County for every new Facebook fan received through March.

Park City - RECOIL Cord Winder sales surpassed $40,000 within the first two weeks of introduction on Kickstarter.com. The Recoil Cord Winder is automatic, spring loaded and designed to wind almost all cords and cables.

Park City - KENNETH ABDALLA entered into a contract to acquire the SKY LODGE RESORT HOTEL. The Sky Lodge is a world-class boutique resort hotel, and has been highly ranked in several prestigious resort publications.

Park City - XYDO launched ContentMarketing.org. The new website offers a one-stop online resource featuring postings from its staff of experts, as well as content contributed by digital marketing, advertising and sales professionals.

Summit County - SUMMIT COUNTY BEEF now offers grass-fed beef with new bundle orders. Packages include meats cuts such as t-bone steaks, rump roasts and ground beef. Summit County Beef is available seasonally from November through May.

Conference Brings Capital and Technology Jobs to Utah

Midway - The 28th Annual Investors Choice Venture Capital Conference was an opportunity for high-growth companies to participate in the angel/venture capital process. ZIONS BANK, VENTURECAPITAL.ORG and the WAYNE BROWN INSTITUTE (WBI) hosted the conference last February.

The Investors Choice conference delivers the quality deal flow that investors are seeking. In the last four years, participating companies have raised $100 million in investor capital and created more than 3,000 jobs.

The presenting companies are mentored on their presentations by WBI’s venture-centric network. “This year, our mentors donated more than 3,500 hours and conducted more than 350 team meetings to help this year’s 25 companies in their quest for capital,” says Brad Bertoch, president of WBI.

All company presentations were critiqued by a panel of investors to provide instant feedback. “If our batting average holds, 60 percent of the companies will obtain funding within 12 months after their presentations,” says Bertoch.

The presenting companies range in product type from an iPad case to a cure for Parkinson’s Disease and fall into four categories: life science, clean tech, IT and other.

NORTHERN AREA

Ogden - HILL AIR FORCE BASE celebrated completion of the first phase of the Falcon Hill Enhanced Use Lease project with a ribbon-cutting ceremony. R&O CONSTRUCTION completed the 35,000-square-foot security forces squadron building.

Ogden - R&O CONSTRUCTION completed a new SPRINGHILL SUITES MARRIOTT at 12105 S. Factory Outlet Drive in Draper. R&O’s scope of work included construction of the hotel, site improvements, underground utilities, exterior lighting and landscaping.

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