June 5, 2014

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Around Utah

June 5, 2014

Salt Lake Area

Draper – ORTHO DEVELOPMENT CORPORATION received FDA clearance for its Ovation Tribute hip stem. The Ovation Tribute is a femoral hip prosthesis that is intended for cementless use in total hip replacement and hemiarthroplasty procedures.

Draper – AARON’S, INC. acquired PROGRESSIVE FINANCE HOLDINGS, LLC, a merchandise lease-to-own company, from SUMMIT PARTNERS in an all-cash transaction valued at approximately $700 million.

Draper – LONE PEAK SPECIALTY CENTRE broke ground at the northeast corner of the Lone Peak Medical Campus. The center is designed to be an 80,000-square-foot, class A medical office building.

Salt Lake City – Westport Distribution III, a 415,000-square-foot industrial bulk distribution facility, was sold by BUZZ OATES REAL ESTATE to INDUSTRIAL INCOME TRUST. NEWMARK GRUBB ACRES facilitated the sale.

West Jordan – SALT LAKE COUNTY purchased more than 16 acres in West Jordan planned to be the future home of a centralized operations center for Salt Lake County’s Parks Department and County Public Works.

Draper – Seattle-based HOMESTREET BANK has opened its first stand-alone residential construction lending center in Draper, its first physical location in Utah.

Salt Lake City ­– The UTAH COMMUNITY DATA PROJECT launched an updated online system for community-level demographic, housing and socioeconomic data. The system lets users visualize and interact with information gathered from public and private sources.

Salt Lake City – 3FORM leased a 125,000-square-foot building in the Sorenson Technology Park, which it will use for manufacturing. NEWMARK GRUBB ACRES and IPG COMMERCIAL REAL ESTATE assisted in the lease. 

Salt Lake City – SPRING MOBILE closed a 26-location acquisition, adding new retail stores in Pennsylvania, Delaware, New Jersey and Maryland. The acquisition was the company’s largest so far.

Salt Lake City – OVERSTOCK.COM, INC. began offering vehicle, residential and small business insurance on its online shopping site. Overstock.com’s insurance homepage allows users to get quotes and manage their policy online.

Sandy – FREEBIRDS WORLD BURRITO and local franchisees Mark McKay and Chris Beck-McKay of MC FOOD SERVICE, LLC, opened the fourth Freebirds location in Utah.

Salt Lake City – National Geographic partnered with LIVE PREPARED, an emergency preparedness company, to launch a line of preparedness products for natural disasters and unexpected events.

Sandy – LARRY H. MILLER DEALERSHIPS acquired Pro Chrysler Jeep Dodge Ram of Thornton, Colo. The dealership is the company’s 104th.

Salt Lake City – C.R. ENGLAND sold its OnRamp Trailer Services to Denver-based Prime Trailer Leasing, a provider for the rental and leasing of semitrailers.

West Valley City – West Valley City honored A.A. CALLISTER CORP., GODFREY TRUCKING, INC. and RANCHO MARKETS with the inaugural Business Legacy Award. The award recognizes local businesses for their positive impact upon the community.

Tooele – A new DICKEY’S BARBECUE PIT opened at 1024 N. Main Street with a celebration that included giveaways and discounts. The location is franchise-owner John Thomson’s 19th Dickey’s location.

Salt Lake Popcorn Company Uses Unique Flavors to Create ‘Pop Art’

By Rachel Madison

Salt Lake City – A love for popcorn has turned into a delicious career for couple Mike and Venessa Dobson, who own and operate POP ART SNACKS, a company they started just a couple of years ago with the idea that popcorn was a neutral canvas ready to be experimented with.

The couple’s experimentation with popcorn flavors began several years ago in New York City, when they lived in a very eclectic Brooklyn neighborhood.

“We were living next door to the most diverse zip code in the country,” Venessa Dobson says. “Our access to different seasonings and ingredients was pretty unlimited and popcorn is just such a neutral canvas to play with. You can do so many fun things with it. We started reimagining the all-American snack and adding fun, out-of-the-box flavors.”

In 2010, the couple moved to Utah. “When we moved out here we had a clean slate, and we were trying to figure out what we wanted to do,” Mike Dobson says. “We had a friend encourage us to sell something at [a local] farmer’s market, so with two weeks to spare, we decided to give our popcorn a shot. We got our business license, permits and ingredients, and in July 2011, we did our first farmer’s market.”

After Pop Art was born, the company grew quickly. At first, the couple was making the popcorn in their home kitchen, but after being approached by grocery stores, they moved into a commercial kitchen in Salt Lake City and have added a third employee. Pop Art is now sold in several stores across the Western United States, including Whole Foods, Harmon’s, Associated Food Stores and several independent specialty stores, like Caputo’s and The Market in Park City.

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