Article

Around Utah

Devin Felix

August 9, 2013

Legislators approved design and planning funding for the UVU classroom building in 2012, and the project was one of the state’s principal shovel-ready building projects heading into the 2013 legislative general session. The building’s design is by architect firms CRSA ARCHITECTURE and METHOD STUDIO. The general contractor for the project will be Big-D Construction.

Student headcount has increased by 7,000 students over the past five years, putting classroom space at UVU at a premium. UVU currently has the fewest square feet per student of all Utah System of Higher Education institutions. A recent independent study indicated that UVU would need a minimum of 757,000 additional assigned square feet by 2020 to accommodate growth.

“With the number of students currently enrolled at UVU, and projected to be enrolled here in the future, the addition of the classroom building significantly increases our ability to deliver a quality higher education to our students,” says Ian Wilson, senior vice president for academic affairs. “This facility will be a boon to the academic success of our students.”


Northern Utah

North Logan – GEOMETWATCH CORP entered into a Space Act Agreement with NASA to provide four years of Earth observation and weather data from an observatory planned for launch in 2016.

Logan – UTAH STATE UNIVERSITY broke ground on the new Wayne Estes Center, a $9.5 million, 32,000-square-foot basketball practice facility and volleyball competition venue.

Ogden – BANK OF UTAH introduced new treasury management services for businesses: Total Transact Card Payment and automated clearing house e-check payment.

Brigham City – COOL ANGLE LLC was the only semi-finalist from Utah in the 2013 Cleantech Open Accelerator in Silicon Valley for its patented asphalt roofing technology.

Farmington – Specialty candy and gift retailer IT’SUGAR and clothing retailer H&M opened stores at STATION PARK.

Promontory – ATK and the United States Air Force successfully tested the newly developed Large Class (92-inch diameter) Stage I solid rocket motor May 23 at ATK’s test facilities.

Logan – FRANZ FAMILY BAKERY opened at the previous site of the Hostess Bakery outlet at 162 S. 100 West. The location was one of several that was purchased by Franz after Hostess declared bankruptcy.

Hyde Park – The INTERMOUNTAIN NORTH CACHE VALLEY CLINIC opened on Highway 91. The clinic has InstaCare and family medicine, including obstetric and pediatric care, and physical therapy.

West Haven – REEVE & ASSOCIATES used a storm water management system at MAVERIK called StormTech, which captures 100 percent of storm water runoff.

ANTHONY HALL, CEO of Lewiston State Bank, was elected president of the Utah Bankers Association. He has served on the association’s board of directors for several years.

Campus Compact selected Weber State University sociology professor BRENDA MARSTELLER Kowalewski as a finalist for the 2013 Thomas Ehrlich Civically Engaged Faculty Award.

Utah State University professor RAY REUTZEL was invited to participate in the state Intergenerational Poverty Advisory Committee because of his previous work examining the effects of early childhood poverty on education.

 

Two Local Bancorps Set to Merge

Lewiston & American Fork – PEOPLE’S UTAH BANCORP and LEWISTON BANCORP announced the companies will merge their holding companies and operate their bank subsidiaries, Bank of American Fork and Lewiston State Bank, under People’s Utah Bancorp.

At the end of March 2013, People’s Utah Bancorp had approximately 305 employees and $949 million in assets. Lewiston had approximately 90 employees and $252 million in assets. The combined holding company will have approximately $1.2 billion in assets. Bank of American Fork, with 14 locations in Utah, and Lewiston State Bank, with four locations in Utah and Idaho, will continue to operate under their respective names.

“Between our two banks there are more than 200 years of combined banking experience. The community values and traditions that both banks share will make this partnership work for the organizations, employees, customers and communities we serve,” says Richard T. Beard, president and CEO of People’s Utah Bancorp.

“This merger is a unique opportunity to combine two similar banks that approach the banking business in the same way,” says Anthony J. Hall, president and CEO of Lewiston Bank. “We will maintain our local presence and commitment to serving our core markets, with the bank maintaining its current structure, including management.”

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