BUSINESS JOURNAL
SLBusinessJournal.com
April 20, 2026 | Volume 4, Issue 15
$1.50
INSIDE WEST VALLEY CITY Firm to bring in hundreds of new jobs Page 2 SOUTH JORDAN Merit Medical acquires California company Page 6 CEDAR CITY Packaging manufacturer to close its doors Page 8 INDUSTRY BRIEFS Pages 12-13 PEOPLE ON THE MOVE Page 13 BUSINESS CALENDAR Page 14
OF NOTE
Crews at an EnergySolutions radioactive waste handling facility manipulate a cask designed for the transport of highly irradiated components from decommissioned nuclear power plants. The firm has been sold in a $2 billion transaction. (Courtesy EnergySolutions)
Utah’s EnergySolutions to change ownership in estimated $2 billion deal John Rogers Salt Lake Business Journal
UTA Change Day UTA Change Day occurred on April 12, featuring the launch of the zero-fare Midvalley Express (MVX) Bus Rapid Transit. The changes focus on improving efficiency, with major adjustments to routes 39, 47 and 227. Additionally, the FAREPAY card became the primary method for reduced fares, and ski bus service ended for the season.
Energy Capital Partners (ECP), a Summit, New Jersey, private investment firm specializing in energy infrastructure, has agreed to acquire Salt Lake City-based EnergySolutions. The transaction is expected to close this year. Although the financial details of the buyout were not disclosed, industry sources place the value of the transaction in the neighborhood of $2 billion. The previous owner, New York Citybased TriArtisan Capital Advisors LLC, which had been an earlier minority stockholder with ECP, agreed to obtain a majority interest from ECP in November 2021 and closed on the transaction the following May. Therefore, the current purchase represents a reacquisition by ECP from TriArtisan. ECP had purchased EnergySolutions from public shareholders in 2013 in a “take-private” transaction. EnergySolutions was formed through the acquisition of several companies by EnviroCare of Utah, which was founded by Khosrow Semnani in 1988. Semnani sold it to private investors led by Steve Creamer, who rebranded it to EnergySolutions and took the company public in 2007.
EnergySolutions is a nuclear industry service company providing solutions across the full nuclear lifecycle. It is best known in Utah for its major radioactive waste disposal operation at Clive in Tooele County. It provides services that include transportation, processing, recycling and disposal of radiological material. In addition to its Salt Lake City base, the company has an office in Charlotte, North Carolina. EnergySolutions operates across the United States, Canada, Asia and Europe. Its customer base includes the U.S. and Canadian governments, commercial nuclear power generators, research facilities, national laboratories and medical institutions worldwide. “Today’s announcement marks an important milestone for EnergySolutions,” said Ken Robuck, resident and CEO of the firm. “Over the past several years, we have broadened our offerings across the nuclear sector and strengthened our ability to deliver integrated solutions for customers. We believe this transaction will accelerate our long-term strategy and growth. We are proud of the work our team delivers every day, and we’re excited to work with ECP again as we build on our momentum and continue investing in our people and capabilities.” Robuck said ECP has a long-standing
CRE FINANCING THAT WORKS FOR YOU
Get the job done with our commercial real estate financing and personalized service.
relationship with EnergySolutions and its management team, built through prior ownership. ECP’s decision to acquire the business again comes at a time of transformational change for the nuclear sector, an EnergySolutions release explained. Nuclear energy has emerged as a critical component of U.S. energy security, with bipartisan policy support driving significant regulatory reform and a national ambition to materially expand domestic nuclear capacity over the coming decades. With surging demand for baseload power from manufacturing, liquid natural gas and data centers, utilities are extending reactor operating licenses rather than retiring assets, previously shuttered plants are being brought back on line and a new-build market is emerging. This is creating sustained, long-term demand for EnergySolutions’ waste management and nuclear services capabilities, the statement said. The EnergySolutions name has been front and center in recent discussions as the state of Utah bids to host a federal nuclear hub in Tooele County where EnergySolutions currently operates its radioactive waste burial operation. In the state’s proposal, officials see ENERGY page 2
Visit macu.com/commercial Insured by NCUA Loans on approved credit. Membership required—based on eligibility.
2 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
ENERGY from page 1
say Utah is “prepared to support” higher-level radioactive waste disposal. EnergySolutions recently received an inter-state panel’s approval to import 1.3 million cubic yards of low-level radioactive waste from Canada. If approved by U.S. and Canadian regulatory agencies, the operation would represent the first foreign nuclear waste brought to Utah.
“We’ve stayed connected with EnergySolutions and its leadership since we exited our previous investment, and we’ve been impressed by what the team has continued to accomplish,” said Drew Brown, a partner at ECP. “We see tremendous potential for its platform as the role of nuclear energy in meeting the rising need for reliable, baseload power continues to grow. “EnergySolutions has built deep expertise in supporting nuclear facilities safely and responsibly throughout their lifecy-
cle. We’re excited to partner with them again as they continue serving their customers and contributing to a more secure energy future.” “We are grateful for the EnergySolutions team and what they accomplished during TriArtisan’s ownership,” said Gerald Cromack, co-founding partner of TriArtisan as his firm exits its EnergySolutions involvement. “The company has strengthened its platform and expanded its capabilities across the nuclear services market while maintaining an unwavering
focus on safety and execution. We believe ECP is an excellent next owner for EnergySolutions, and we are pleased to support this transaction as the company enters its next chapter.” Energy Capital Partners, founded in 2005, has secured more than $36 billion in capital commitments from institutional investors globally. It is the infrastructure investment arm of Bridgepoint Group Plc, a London-based global middle-market private equity, credit and infrastructure firm.
Hundreds of jobs coming to West Valley City Brice Wallace Salt Lake Business Journal A supplier of components for the space and missile defense industries will add 500 jobs in West Valley City over the next few years. Karman Space & Defense/Systima Technologies Inc., which has manufacturing facilities in Ogden and Cedar City, is projected to invest $28.5 million in the project over the next two decades. One hundred of the new high-paying jobs are tied to a tax credit incentive awarded to the company recently by the Governor’s Office of Economic Opportunity board. California-based Karman designs, develops and produces next-generation systems for launch vehicle, satellite, spacecraft, missile defense, hypersonic and drone customers. In business for over five decades, Karman has about 1,700 employees at 17 sites. The company serves more than 80 prime contractors supporting more than 130 space and defense programs. Karman’s Ogden operations produce control actuation systems and warhead components for missiles. Its Cedar City operations design, develop and manufacture solid rocket motors. In 2021, Karman acquired Systima Technologies, which integrates energetic and mechanical systems into the structural design of space and hypersonic systems. In May 2025, it acquired Industrial Solid Propulsion in Cedar City, which specialized in small-diameter propellants and launch systems used for the drone, drone intercept and rocket-assisted takeoff systems markets. Josh Embree, general manager of the Advanced Metallics Solutions division for Karman, told the GOEO board that the West Valley City project will serve customers in a pair of primary markets seeing “a significant amount of growth.” One is launchers
Launch tubes produced in Washington by Karman Space & Defense come off the production line. A new West Valley City site will expand on that production. The company already has operations in Ogden and Cedar City. (Courtesy Karman Space & Defense) for munitions and missile markets. The other is nozzles for solid rocket motors for defense and space launch programs. “This economic incentive makes Utah a preferred location for the company’s UAS (unmanned aircraft system) launcher and nozzle production operation as the company scales its capacity,” GOEO documents say. Jonathan Springmeyer, economic development director and chief sustainability officer for West Valley City, told the GOEO board that the city is “thrilled … to have Karman select us and join the West Valley City family.” “Many of their clients and suppliers are already located in the area, several of which are already in West Valley City, so we think they’re going to be a great addition and add to our growing aerospace and defense industry in the city. The jobs they’re going to be bringing to West Valley City are going to provide great opportunities for our residents, and we can’t wait to have them.” Jesse Turley, chairman of the GOEO board’s incentives committee, lauded the great fit for the company in Utah. “This is exactly what we are searching for as we look at the key verticals within the
state of Utah: Who can we help bring here, who can we help expand, who are their strategic partners that we can help bring to the state of Utah and grow in the state of Utah to help make those key verticals that we’re focused on as a state more successful? And this is a prime example,” he said. The project is projected to produce new total wages of nearly $165.3 million over 20 years and new state tax revenue of $62.5 million during that time. The state tax credit incentive is for up to $16.25 million over 20 years, tied to the new jobs, expected to pay an average of $120,623. Among officials with prepared statements related to the project: • “Strategic incentives like these give Utah an advantage in attracting high-impact projects that establish essential infrastructure and advanced manufacturing in our state,” said Jefferson Moss, GOEO’s executive director. “By supporting longterm investments in sectors like aerospace and defense, we cultivate a resilient economy that offers high-paying job opportunities in fields that are well-positioned for the future.” • “We are expanding our presence in Utah to increase production for key programs that protect the U.S. and its allies,”
said Jonathan Beaudoin, chief operating officer of Karman Space & Defense. “Our new manufacturing hub in the Salt Lake area will place us closer to customers, provide access to a skilled talent pool, and position us for continued growth. We are grateful for the support we have received from Governor [Spencer] Cox, GOEO, EDCUtah (the Economic Development Corporation of Utah) and Mayor [Karen] Lang as our presence in Utah grows.” • “EDCUtah is proud to support companies that strengthen Utah’s aerospace and defense ecosystem,” said Ryan Starks, the organization’s executive director. “Karman’s systems play an important role in a wide range of space and defense applications, and their presence reinforces the strength of this industry in our state. Many of Karman’s suppliers and customers are already located in the Salt Lake area, and this expansion will further connect and bolster our regional ecosystem. We commend the continued growth of Utah’s aerospace and defense sector and the strong collaboration that makes it possible.” • “We are excited to have Karman Space & Defense bring their groundbreaking technology to West Valley City,” said Lang. “Companies continue to come to West Valley City because of our strong business community and our easy access location along the Wasatch Front. Karman will add to the growing list of integral West Valley City companies in the aerospace and defense sector. We appreciate this investment in our city by Karman and how it will strengthen our local economy and create new job opportunities for our residents.” GOEO does not provide upfront cash incentives. Each year that an incentivized company meets the obligations in its contract with GOEO, it will qualify to receive a portion of the new, additional state taxes the company paid to the state.
April 20, 2026 | 3
SALT LAKE BUSINESS JOURNAL
State incentive tied to $17 billion data center project Brice Wallace Salt Lake Business Journal A company building what it believes will be the world’s largest data center campus is getting help from the state. Creekstone Energy LLC’s $17 billion Millard County project recently was approved for a state tax credit incentive of up to $172.2 million over 20 years. The project, known as the Delta Gigasite or Creekstone Gigasite, is expected to create 106 high-paying jobs during that time. Creekstone develops and owns power infrastructure for hyperscale AI data centers. Ground was broken in December for the Delta project, which the company envisions to become the world’s largest AI-optimized data center, with a capacity of 10 gigawatts. “That [amount] seems crazy … but I will tell you, two years when this was all starting, 100 megawatts was a lot, and if you’re in the market now working with hyper-scalers, if you can’t do at least 200 megawatts, you don’t even get a conversation or a meeting,” Buford “Ray” Conley, Creekstone’s CEO, told the Governor’s Office of Economic Opportunity board at its most recent meeting. “The minimum threshold for a super-cluster now is over a gigawatt. And the simple economics are driven by the fact that you need more power to drive more computers to have a smarter AI, and it’s a highly competitive business now.” For comparison, the current largest such project by power capacity is Switch’s Citadel Campus in Nevada, designed for 650 megawatts, although South Korea is developing a 3-gigawatt data center. Creekstone has said over 300MW of initial
the project not using public power or water services. The project is expected to generate total wages of about $333.4 million over 20 years and new state tax revenue of about $344.4 million during that time. The incentivized jobs are projected to pay an average of $162,148. GOEO board member Vic Hockett noted that the median household income in Millard County is about $70,000. “Looking at the jobs that this is going to bring online in Millard County, this doubles that, and the amount of secondary jobs this will spur is also exciting,” he said. Adam Richins, planning and zoning administrator for Millard County, told the GOEO board that the company and county commission had worked to address concerns. “There’s a lot of benefit that we see out of this project,” Richins said. “We’re a little bit nervous as always for growth. Rural Utah is always a little bit skeptical that all growth is good, but we believe that this growth is good and is a good match not only for what our resources are but what our community would benefit from. So, we’ve been very pleased to see, as this has progressed, that it’s shaping into something very wonderful for Millard County.” Following the state incentive vote, Jesse Turley, chairman of the GOEO incentives committee, told Conley, “Here’s hoping you get to 20 gigawatts.” Other officials had prepared statements about the project: • “This project highlights Utah’s innovative economy and our commitment to shared growth across the state,” said Jefferson Moss, GOEO’s executive director. “Creekstone Energy will bring significant investment and high-paying jobs to Mil-
gas-powered generation is expected online by early 2027. “We’re focused on building the largest data center campus in the world, and Millard County is a unique place on the planet to do something like that because it has a very unique combination of assets to make this possible,” Conley said. Among those attributes are multiple, independent sources of energy at multi-gigawatt-scale capability, including natural gas, geothermal, solar, and Intermountain Power Project electricity. It also is at the intersection of multiple Internet fiber routes. “To have both of those things in the same place is somewhat unique,” Conley said, “and the thing that makes it even more compelling is it’s in both a community and state that is favorable for developing businesses like this.” The company owns 1,143 acres and has the permits and local government approvals it needs for the project. It is working to secure its first tenant, which will need a gigawatt of power. “We envision this being a multi-tenant campus over time,” Conley said. Data center projects often are targets of controversy because of their water and energy needs impacting local communities. But Conley said Creekstone’s project will get power from various sources and will not need to connect to the electrical grid. In the long term, it might be able to add to the grid, he said. Likewise, the project will use a closedloop cooling system so that its water consumption will be akin to “about two dairy cows a year,” he said. A natural gas combustion process will actually generate water, about 100 acre-feet of water per year, which will be released into the atmosphere. The state incentive is contingent on
lard County, strengthening the economic foundation for rural Utah and supporting the infrastructure needs of the energy and technology sectors.” • “EDCUtah (Economic Development Corporation of Utah) is proud to support companies that are bringing new value and long-term opportunity to rural communities,” said Ryan Starks, EDCUtah’s executive director. “Creekstone Energy is part of a generational buildout of critical infrastructure, and they are doing so with a forward-thinking approach, including no evaporative water use for cooling. Their plan includes a diverse, resilient mix of power generation that aligns well with Utah’s ‘all of the above’ energy strategy. We anticipate Creekstone will be a strong partner in supporting local economic growth and creating opportunity for many years to come.” • “This project represents a defining moment for Millard County,” said Millard County Commissioner Trevor Johnson. “Our community has deep roots in agriculture and a long tradition of hard work, stewardship and self-reliance, and this investment builds on that foundation while expanding our increasingly diverse economy. Millard County is excited to have the Creekstone Gigasite in our county and looks forward to embracing new opportunities with quality jobs, strengthening local infrastructure, and ensuring long-term prosperity for the families and industries that call Millard County home.” GOEO does not provide upfront cash incentives. Each year that an incentivized company meets the obligations in its contract with GOEO, it will qualify to receive a portion of the new, additional state taxes the company paid to the state.
Xenocor shuffles leadership, McNally named CEO
Xenocor Inc., a developer of surgical visualization and other surgery technologies based in Salt Lake City, has announced the appointment of David McNally as CEO. In conjunction with McNally’s appointment, the company also announced two additional executive leadership appointments. Antony Watson has been named chief commercial officer and David Van Ness has been appointed chief technology officer. McNally brings more than 40 years of entrepreneurial and executive experience in the medical device industry, including leadership roles in product development; commercialization; and global expansion of therapies, surgical
devices and technologies, with roles including research and development, engineering, operations, commercialization and corporate strategy. “David’s deep experience leading medical device organizations and commercializing innovative surgical technologies makes him an outstanding choice to guide Xenocor through its next phase of growth,” said Dinesh Patel, co-founder and executive chairman of Xenocor. “As Xenocor expands the commercialization of its Saberscope platform, David’s leadership will help accelerate adoption of technologies that improve surgical visualization, operating room efficiency and minimally invasive surgical procedures.”
“
“I am honored to join Xenocor at such an exciting time in the company’s evolution,” said McNally. “The company’s recently FDA-cleared Saberscope platform represents an important innovation in surgical visualization by delivering high-quality imaging in a cost-effective streamlined system designed to expand access to minimally invasive surgery. I look forward to working closely with Antony, David and the entire team to accelerate adoption of Xenocor’s technology and continue advancing surgical imaging solutions that support surgeons and improve patient care.” As chief commercial officer, Watson will lead Xenocor’s global commercialization strategy, including sales, market-
ZIONS BANK TRULY SEES MY BUSINESS THE WAY I DO — THROUGH MY EYES. ROB GRAHAM OWNER, DALEBOOT
”
ing, distribution partnerships and customer engagement initiatives as the company expands market adoption of the Saberscope endoscopic imaging system. As chief technology officer, Van Ness will lead Xenocor’s engineering and product development initiatives, overseeing continued advancement of the company’s imaging technologies. “These leadership appointments position Xenocor for growth and innovation,” McNally added. “Antony and David have already played critical roles in the development of our technology, and their leadership will be instrumental as we expand the reach of SaberScope and introduce additional surgical visualization and endoscopic imaging solutions.”
DaleBoot owner Rob Graham believes personalization improves performance. Zions Bank has the same philosophy — a fact that helps businesses like yours innovate, expand and thrive.
#1 Small Business Lender Stop by your local Zions Bank branch to learn more about our 1.50% rate discount on select SBA loans or visit zionsbank.com/SBA to learn more.* *New loans only. Eligible loan types: All SBA 7a loans, including SBA express Lines of Credit. Must comply with all SBA eligibility and collateral requirements. Offer is for a discount equal to 150 bps/1.50% below the rate listed on the SBA Loan Pricing Guide. The promotional rate will be for the in effect term of the note. Offer valid through December 31, 2026. Other terms and conditions apply. Offer subject to change. Subject to credit approval and SBA approval. Terms and conditions apply. See banker for details. A division of Zions Bancorporation, N.A. Member FDIC. Equal Housing Lender NMLS#467014
4 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
So. Utah-based BZI names Harker president, promotes other execs, announces rebranding
BZI, a major steel fabrication and construction company based in Iron County’s Kanarraville, has named Thomas Harker as its new president to oversee all its operations and affiliates. The company also announced the promotions of other executives along with a rebranding of two of its affiliate operations to closer align with the BZI family of companies. “BZI has made tremendous strides during the last few years in defining standards for quality, performance, innovation and safety. Our products, services and processes are continuing to gain recognition for bringing differentiated offerings and are attracting world-renowned clientele in their respective industries,” said James Barlow, CEO of BZI. “Today’s announcements of new leadership roles and branding illustrate our continued momentum and the exemplary work
of BZI leaders, their contributions to our success and commitment to our focus on a holistic customer experience.” As one of the first five employees at the company, Harker has held a variety of roles at BZI, including field hand, foreman, superintendent and regional manager. He’s overseen structural steel, pre-engineering and specialty welding projects. As president, he will be responsible for leading all team members and general contractors for each project. Barlow also announced several other promotions within the company and its affiliates. Guy Nielsen has been named president of BZI Steel LLC and Jakob Harker is the new president of InnovaTech LLC. Also named were Rulon Nielsen as president of Iron Depot and Ryan Obray as president of VISCO LLC. As part of the announced rebranding,
Thomas Harker, new president of BZI. SteelTech Academy, a training, certifications and continuing education platform for BZI employees, will now be called
BZI Academy. The academy has issued thousands of certifications across these disciplines and logged over 33,000 student contact hours in 2025. As part of this expansive training curriculum, the academy also offers a Department of Labor certified apprenticeship program, helping to shape relevant skills and advance careers for those wanting to pursue construction as a vocation. The operational arm of the company — previously named JLine Logistics — will now be known as BZI Logistics. The organization helps ensure timely and efficient project execution and works alongside the BZI group of companies and affiliate organizations to streamline equipment and material delivery. Founded in 2006, BZI currently employs nearly 1,000 people in its operations across the U.S.
Deadline approaching to apply for SBA drought disaster loans
Eligible small businesses in Utah have until May 8 to apply for low-interest federal disaster loans to offset economic losses caused by the current drought. Under the disaster declaration, losses incurred since July 15, 2025, the official beginning of the drought, qualify businesses for the loan program. The disaster declaration covers the Utah counties of Box Elder, Carbon, Davis, Duchesne, Juab, Morgan, Rich, Salt Lake, Sanpete, Summit, Tooele, Utah, Wasatch and Weber.
Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries and nonprofits, including faith-based organizations, impacted by financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers or ranchers, except for small aquaculture enterprises. EIDLs are available for working capital needs caused by the disaster and are available even if the small business or nonprof-
it did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster. “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”
The loan amount can be up to $2 million, with interest rates as low as 4 percent for small businesses and 3.625 percent for nonprofits with terms up to 30 years. Interest does not accrue and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition. Eligible businesses can apply online at sba.gov/disaster or by calling the SBA Customer Service Center at 800- 659-2955 or by email disastercustomerservice@sba.gov.
New renewable energy program approved for 19 communities The Utah Public Service Commission (PSC) has approved a renewable energy program that will allow customers of Rocky Mountain Power in 19 Utah communities to support the development of new utility-scale clean energy resources. The program is part of the Utah Renewable Communities initiative, a multi-year collaboration between the utility and participating cities, counties and towns. “This approval represents years of coordination and partnership,” said Dan Dugan, Utah Renewable Communities board chair and Salt Lake City council member. “Together we’ve created a program that expands access to clean energy while supporting reliability, affordability and economic growth in Utah.” The program allows Rocky Mountain Power’s customers in participating communities to fund new renewable energy projects while helping Utah communities
meet their clean energy goals. For participating residential customers, funding will come through an initial $4 monthly charge on their bills. Non-residential customers who participate in the program will pay based on usage. A portion of the initial monthly charge for residential customers will be allocated to a low-income assistance fund to provide bill credits for eligible customers to participate at no additional cost. The PSC’s approval allows participating communities to take the next step by passing a local ordinance confirming their participation. Communities that adopt the ordinance by June 2 will automatically enroll residents of the community in the program who are Rocky Mountain Power customers. Customers are expected to receive their first notices about the program in late 2026 and will start to see a new clean energy line item on their bills 60 days later in ear-
ly 2027. The opt-out notices will include additional details and instructions on how to opt out of participation in the program. Since 2019, communities from Ogden to Springdale have worked with the utility to design the program following the passage of Utah HB411, which created a pathway for communities to collaborate with Rocky Mountain Power on such a renewable energy program. “The Utah Renewable Communities program creates a new pathway for residents and businesses to support clean energy in our own communities,” said Randy Aton, a Springdale town council member. “It balances Springdale’s sustainability goals with long-term energy needs while making clean energy accessible to more Utahns.” “Rocky Mountain Power cooperated with communities, Utah legislators and the PSC to advise about changes to state
energy policy changes and program design so participating communities could achieve their renewable energy goals,” said Tim Solomon, director of community relations at Rocky Mountain Power. “We’ll continue to assist communities as they make further efforts to move the program forward.” Participating communities include Alta, Castle Valley, Coalville, Cottonwood Heights, Francis, unincorporated Grand County, Emigration Canyon, Holladay, Kearns, Midvale, Millcreek, Moab, Oakley, Ogden, Park City, Salt Lake City, unincorporated Salt Lake County, Springdale and unincorporated Summit County. Program rates will be reviewed annually by the PSC and any changes will be communicated to customers. Details on the program can be found at the Utah Renewable Communities website, www. utahrenewablecommunities.org.
April 20, 2026 | 5
SALT LAKE BUSINESS JOURNAL
ARUP’s new Innovation Central Laboratory will accelerate diagnostic innovation
Leaders of ARUP’s new Innovation Central Laboratory are (from left) Hunter Best, Dr. Tracy George, Erica Clyde and Salika Shakir. The lab will help biotechnology and pharmaceutical partners collaborate with ARUP on early-stage exploration and refinement of new diagnostic concepts. (Photo courtesy ARUP Laboratories)
Cold Case Ice Cream lands in 1,000 Kroger stores
Cold Case Ice Cream, a Springville-based brand that bills itself as “crime-inspired,” has won placement in more than 1,000 Kroger-owned stores nationwide. The company’s luxury ice cream brand is known for its decadent, full-fat recipes. The brand features ice cream names like Electric Chair, Butterscotch Moonshine, Rum Runner, Chocolate Chop Shop, Sugar Momma and John Dough. In addition to freezer case positioning in Utah’s Smith’s, Smith’s Marketplace and Smith’s Express stores, the ice cream can now be found in other Kroger banner stores across Texas, Arizona, California, the Pacific Northwest, the Midwest and the Mountain West. For a brand in just its third year, securing placement at this scale is uncommon, Cold Case said in a release. “Winning national grocery placement this early is a major validation of our concept,” said Josh Butt, CEO of Cold Case Ice Cream. “Consumers are looking for indulgence where the calories count without making you feel awful afterwards, not just another pint in the freezer. Our goal has always been to turn dessert into an experience.” (Courtesy Cold Case Ice Cream)
University of Utah-based ARUP Laboratories, the largest nonprofit reference laboratory in the U.S., has announced the launch of its new Innovation Central Laboratory to facilitate collaboration with pharmaceutical, biotechnology and other industry partners. The Innovation Central Laboratory will serve clients by validating technologies and accelerating next-generation diagnostics from concept to commercialization. “The Innovation Central Laboratory represents a bold step forward in diagnostic medicine,” said Dr. Tracy George, ARUP chief scientific officer and president of ARUP’s Innovation Business Unit. “By building and validating tests that are truly commercial-ready, we’re not just accelerating innovation; we’re ensuring that groundbreaking diagnostics can be adopted in real-world laboratories to improve patient care globally.” Drawing from ARUP’s clinical, scientific and regulatory expertise and experience, the Innovation Central Laboratory provides an opportunity for biotechnology and pharmaceutical partners to collaborate with ARUP on early-stage exploration and refinement of novel diagnostic concepts outside of routine clinical workflows. ARUP offers a full suite of services and full life cycle management to help partners accelerate innovation and get products to market efficiently and effectively.
The launch of the Innovation Central Laboratory is the latest in a series of innovative developments by ARUP. In April 2025, ARUP launched a bloodbased biomarker assay to determine whether cognitive decline symptoms in patients ages 60 years and older are related to Alzheimer’s disease pathology. ARUP has also partnered with Tasso Inc. to develop at-home blood testing services that will support clinical research. The laboratory is supporting a promising therapy for patients with nonadvanced systemic mastocytosis. ARUP said that pharmaceutical, biotechnology and other industry entities are invited to collaborate with ARUP through the Central Innovation Laboratory to bring next-generation diagnostics from concept to commercialization. ARUP offers comprehensive services to support innovative health care solutions for industry partners, including custom assay development, clinical trial support, central pathology review, applied artificial intelligence and bioinformatics solutions. Founded in 1984, ARUP Labs is a nonprofit enterprise of the University of Utah Spencer Fox Eccles School of Medicine and its Department of Pathology. It offers more than 3,000 tests and test combinations, ranging from routine screening tests to esoteric molecular and genetic assays.
6 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
Utah’s Autonomous Solutions acquires Colorado-based Scythe Robotics
Autonomous Solutions Inc. (ASI), a maker of industrial vehicle automation and developer of the Mobius autonomous fleet management system, has acquired Scythe Robotics, a Colorado-based developer of commercial-grade autonomous solutions for the landscape industry. ASI, based in Mendon, Cache County, said the deal brings Scythe’s industry-leading onboard intelligence and proprietary computer vision system, Scythe Sight, to ASI’s established product offerings in industrial environments, like construction and agriculture, while further bolstering Scythe’s rapidly growing deployments of the M.52, its all-electric, autonomous commercial mower. “With complementary values and missions, both Scythe and ASI build autonomy that shows up every day in the real world and delivers labor leverage for customers who can’t afford downtime,” said Jack Morrison, Scythe’s co-founder and CEO. “This newly established partnership will multiply our state-of-the-art autonomy’s impact across the industries ASI serves. Further, customers mowing with Scythe M.52 today will benefit from
ASI’s scale, operational maturity and decades of success in off-road robotics.” “ASI has over 25 years of deploying autonomy where reliability and safety aren’t just features but requirements,” said ASI CEO Mel Torrie. “Scythe’s AI technology will play a critical role in helping us develop the next generation of autonomous equipment across diverse industrial sectors. Equally important, the team at Scythe maintains a culture in sync with ASI — one that puts people first and strives to develop them — bringing a fresh perspective to our pursuit of those ambitions.” Scythe, located in Longmont, Colorado, was founded in 2018 to build tools needed to more sustainably care for outdoor spaces. Its electric, autonomous commercial mower, Scythe M.52, mowed nearly 2 billion square feet for dozens of customers across 30 states in 2025. Scythe and its team will continue to operate as an equipment brand within ASI Landscaping, while Scythe leadership will assume roles within ASI to facilitate technology integration and accelerate both commercial visions. ASI will main-
Autonomous Solutions, based in Cache County’s Mendon, has acquired Scythe Robotics, a Colorado-based maker of the Scythe M.52 autonomous mower. (Courtesy Scythe Robotics) tain Scythe’s Longmont office alongside its growing footprint in Utah and Texas. Autonomous Solutions was founded in 2000 by a group of engineers who took technologies developed at Utah State University into the commercial sector. ASI
has grown to become one of the largest privately held robotics-focused companies and continues to rapidly scale. Home base is ASI’s 150-acre proving ground in Mendon, with offices in Salt Lake City and Dallas/Fort Worth, Texas.
Merit Medical acquires California-based View Point Medical Systems
Merit Medical Systems Inc., a South Jordan-based health care technology company, has acquired View Point Medical Inc. Through the merger transaction, View Point is now a wholly owned subsidiary of Merit Medical. View Point, located in Carlsbad, California, manufactures the OneMark Detection Imaging System and OneMark Tissue Markers for cancer treatment. The aggregate transaction, including the assumption of ViewPoint liabilities, is worth approximately $140 million, Mer-
it said. Of that amount, $90 million was paid in cash at closing and two deferred payments of $25 million will be paid on the first and second anniversaries of the closing date. “This acquisition expands Merit’s portfolio of therapeutic oncology products dedicated to the accurate diagnosis and localization of breast and soft tissue tumors,” said Martha G. Aronson, who was named Merit’s president and CEO in October. “Merit has built a market leadership position in wire-free, non-radioactive breast lo-
calization procedures. View Point’s unique ultrasound-enhanced technology offers a highly innovative solution to localize more lesions at the time of biopsy — representing an estimated 1.3 million procedures annually in the United States “The acquisition of View Point reinforces Merit’s mission to help reduce the burden that breast cancer places on patients and their loved ones,” said Adam Smith, Merit’s chief commercial officer. “As treatment protocols evolve, the suspicious area is often most visible at the time of biopsy.
Localizing these areas early in a patient’s cancer journey can help physicians plan treatment and may help reduce the need for additional localization procedures.” Founded in 1987, Merit is engaged in the development, manufacture and distribution of proprietary medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. Merit employs approximately 7,600 people in its worldwide operations.
April 20, 2026 | 7
SALT LAKE BUSINESS JOURNAL
WORK Daze DAZE Work
When what you wear to work wears out
Great careers don’t start at your desk. They start at your closet. It’s true! What you wear to work determines what co-workers think of you, or don’t. You may want to stand out from the crowd, but in these scary days, when management is selling off loyal employees like so many chipped dishes at a garage sale, a case could be made for blending in. That case is made in a recent “Ask Vanessa” column in The New York Times. Ali, from Sydney, Australia, asked fashion guru Vanessa Friedman, “Should I dress like my younger co-workers?” Concerned that she was wearing traditional office garb at lunches, dinners and parties, while her co-workers were dressed in the “jeans, knits and sneakers they wore all day,” Ali was afraid she was advertising herself “as a relic, no matter how well the clothes suit me.” Vanessa took the question seriously. “There is a world in which looking old or, more importantly, looking like you are stuck in older ways, becomes a handicap,” she writes. “It suggests you can’t keep up with technological advances.” No question, dressing like a loser or a Luddite could be a career-ender. On the other hand, “If wearing jeans and sneakers to a work event makes you feel you are faking it, those around you might also
get the sense that you are faking it.” Whether you’re faking it or making it, copying the clothing choices of your younger co-workers will not BOB be easy. If there is GOLDMAN a common thread, it’s athleisure, but there are subtle differences. Consider footwear. Gen X is loyal to Vans, but Gen Y insists on Adidas. Gen Z gets their gym wear from Lululemon while Gen Alpha insists on Alo Yoga. (Gen Beta wears diapers, a fashion choice you don’t have to worry about — yet.) Since I am widely considered to be a fashion influencer, let me influence your wardrobe selection with five bold statements.
No. 1: “I’m chill, dude.” Take the athleisure look a step further by coming to work in your PJs. A silky nightgown or a fancy lounge set proves you are so confident about your value to the company that you don’t bother getting dressed in the morning. If you’re a remote worker, it’s what you wear anyway, so why not bring all the benefits of working from home to the nightmare that is working at work? Classic long johns
show that you affirm traditional values, especially when matched with gum boots and a nightcap.
No. 2: Ready to Fight. Show you’re ready to fight for whatever hairbrained mission statement that management has dreamed up. Pin an “HR Eagle” ribbon on your quarter-zip to prove you are totally aligned with the latest HR diktats, like the prohibition of personal plants on your desktop or restricting “Bulletstorm” from office computers. A suit of armor also says you’re ready to do battle, but the clanking of your chain mail and gauntlets could make it difficult to slip out of work early. No. 3: “That’s right — I’m a star.” Prove that you’re a top performer by arriving at work in red-carpet finery. Judging by recent photos from the Oscars, the Emmys and the Armenian Music Awards, female nominees are showing more skin with peek-a-boo body parts popping out, front and back. (Male nominees are more likely to be encased in leather and chains, a look not to be recommended unless you are in the IT department.) No. 4: Show Your Age. According to “Ask Vanessa,” when choosing what to wear at work, “the best
solution may be to lean into your age and the experience that brings.” Let young trendsetters get their fashion cues from “Emily in Paris” and “Euphoria.” You go total “Bridgerton.” That means tailored waistcoats and velvet jackets for men, while women arrive to work in feathered headbands and empire line gowns with chiffon draping. Manipulative evil characters like Cressida Cooper and Jack Featherington may be hated in the world of Bridgerton, but your management will love them. No. 5: The Naked Truth. Show you are so excited about getting to work that you don’t waste time getting dressed. You’ll save beaucoup bucks by not shopping and never have to worry about what to wear. Even better, the shock of seeing you in your birthday suit will so traumatize your managers that their little brains will erase your image altogether, letting you go through the workday totally invisible. It’s the best fashion advice of all. If they can’t see you, they can’t fire you. Bob Goldman was an advertising executive at a Fortune 500 company. He offers a virtual shoulder to cry on at bob@bgplanning.com Copyright 2026 Creators Syndicate Inc.
Administrative Professionals' Day is on Wednesday, April 22nd
Say 'thank you' to your office staff and administrative professionals with botanical gifts
THOUGHTFUL EMPLOYEE GIFTS • FRESH FLOWER ARRANGEMENTS • ARTFUL SUCCULENTS ORCHID ARRANGEMENTS • BLOOMING PLANTS • HOUSEPLANTS Scan this QR code or visit www.cactusandtropicals.com to learn more
Salt Lake Location 2735 S 2000 E Salt Lake City, UT 84109 801.485.2542
Draper Location 12252 Draper Gate Dr. Draper, UT 84020 801.676.0935
Midvale Location 7696 S Main St. Midvale, UT 84047 385.253.4790
8 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
NEWS ROUNDUP News Roundup Dashboard: Utah economy remains resilient despite federal data disruptions Even with some key data missing because of the partial federal government shutdowns in January and February, publishers of the February Roadmap to Prosperity Economic Dashboard were able to conclude that Utah’s economy is still strong. The Utah Chamber, in partnership with the University of Utah’s Kem C. Gardner Policy Institute, publishes the dashboard to help business leaders understand Utah’s economy. The tool prioritizes key data on the state’s economic outlook and actionable context for decision-makers. “Even as federal data disruptions created gaps in our labor market picture, Utah’s underlying fundamentals remain strong,” said Derek Miller, president and CEO of the Utah Chamber. “Our unemployment rate stands well below the national average and Utahns continue to show confidence in their economy. These indicators reflect a workforce and business community that is resilient, engaged and well-positioned for continued growth.” The federal government shutdowns in January stopped agencies, including the Bureau of Labor Statistics, from posting key labor market updates. A key statistic from the dashboard reported that the Zions Bank Consumer Sentiment Index for Utah declined modestly
in February 2026, falling 1.9 percent from 80.6 in January to 79.1. National sentiment edged up slightly from 56.4 to 56.6. Also reported was that Utah’s median home sales price declined to $505,000 in January 2026 from $515,000 in December 2025. Meanwhile, residential and non-residential construction values increased over the same period. The dashboard is updated monthly, providing essential insights, tracking timely and leading measures and sharing pertinent indicators. This provides leaders with critical and timely information to make informed decisions, according to the dashboard website. “While Utah’s economic indicators showcase promising resilience, with steady job growth and a robust construction market, recent declines in consumer sentiment serve as a reminder of the financial challenges Utahns continue to face,” said Natalie Gochnour, director of the Kem C. Gardner Policy Institute. “State leaders and decision-makers must also remain vigilant as national and global events continue to introduce uncertainty into Utah’s economic landscape.” The Roadmap to Prosperity Economic Dashboard can be found at https://www. utchamber.com/roadmap-to-prosperity-dashboard/.
Zions acquires Fannie Mae and Freddie Mac business from Basis Investment Zions Bancorporation NA, a Salt Lake City bank holding company, has agreed to acquire the agency lending business of Basis Multifamily Finance I LLC, a subsidiary of New York City-based Basis Investment Group. The acquisition includes the Basis team, access to agency lending programs and all associated mortgage servicing rights. In connection with the acquisition, Zions and Basis have entered into a strategic partnership that will expand each company’s real estate financing and capital formation efforts. “The acquisition of Basis’ agency lending business will strategically expand our capabilities to meet the needs of our commercial real estate customers,” said Harris Simmons, chairman and CEO of Zions Bancorporation. “This is a natural, customer-driven evolution of our capital markets strategy, which continues to be a meaningful growth engine for the company. It also reinforces our commitment to supporting economic development, particularly in the high-growth western markets we serve, where housing availability and affordability create strong demand for multifamily housing. We look forward to working with Tammy Jones and the entire Basis team.” “This transaction is a great result for
all stakeholders, enabling the agency platform to scale while driving financing and investment activity across Basis’ diversified funds platform through our ongoing partnership with Zions,” said Tammy K. Jones, CEO and founder of Basis. “Our shared commitment to workforce and affordable housing serves as a powerful foundation for long-term success. I’m excited for what comes next and to seeing the agency business reach its full potential under Zions’ ownership.” By acquiring Basis’ agency lending business, Zions will be able to offer its clients an expanded product suite through its participation in a variety of important lending programs, including the Fannie Mae DUS program, and the Freddie Mac Optigo Conventional and Small Balance Loan programs, Zions explained in a release. The acquisition is subject to customary closing conditions and certain third-party approvals, including approval by Fannie Mae and Freddie Mac. Terms of the acquisition were not disclosed. Zions Bancorporation has approximately $89 billion of total assets and annual net revenue of $3.4 billion in 2025. Zions operates distinct brands in 11 western states with more than 10,000 employees.
Genpak to close Cedar City manufacturing facility
Presented by :
2026 TOPICS Ready to level up your business? Participate in hands-on workshops led by field experts and gain practical tools in... HR Sales Social Media Marketing And more! Leadership
REGISTER FOR AN UPCOMING SESSION TODAY!
changes and consumer demand,” said Jeff Hebert, president of Genpak. “Although we must pivot a sector of our operations, we are deeply grateful for the dedicated employees at our Cedar City manufacturing facility. They have been an essential part of our success, having served the community for over 30 years.” The closure will affect approximately 200 employees. Genpak opened its manufacturing facility in Cedar City in 1994 and expanded it in 2011. “Genpak is committed to aiding affected employees by providing severance packages, outplacement support and benefits assistance,” said Hebert. Genpak said it could provide non-polystyrene foodservice products for its customers.
Clyde Cos. subsidiary Suncore acquires Las Vegas contractor
Mark your calendars for the 2026 Business Boot Camp series February 18 June 17 October 21
Laws banning polystyrene food containers have claimed a Utah manufacturing facility. Genpak, a foodservice packaging manufacturer based in Charlotte, North Carolina, has announced the closure of its manufacturing facility in Cedar City due to rising legislative polystyrene bans in neighboring states. The plant, which produces a large volume of polystyrene containers, is scheduled to close by May 23. Legislative restrictions on polystyrene foam foodservice containers are in effect in several states where Genpak distributes its products. Such laws prohibit the sale of single-use foam foodservice containers, tableware and cups. “Genpak realigned our manufacturing facilities to coincide with legislative
April 15 August 19 SCAN THE QR CODE FOR MORE INFORMATION
Suncore, a subsidiary of Orem-based Clyde Cos. Inc., has acquired M CON Inc., a Las Vegas-based heavy civil contractor specializing in underground utilities. The acquisition expands Spanish Forkbased Suncore’s operations and capabilities in southern Nevada. “This acquisition strengthens our ability to deliver large-scale infrastructure projects in southern Nevada, opening possibilities for operations in new communities,” said Mark Elder, president of Suncore Construction & Materials. The acquisition includes M CON’s construction services in underground utilities and heavy civil work, along with various contractor licenses, including specialty gas and power licenses. It also includes heavy equipment, real estate, two Las Ve-
gas locations and approximately 250 employees, Clyde Cos. said in a release “We are truly proud to join Suncore and look forward to continuing our growth in our industry together,” said Sean Stewart, president of M CON. Founded in 2008, M CON has completed notable major projects, including sewer and water systems for the Trailer City complex at Allegiant Stadium in Las Vegas, wet and dry utilities across the Lake Las Vegas Community and utility services for several Black Mountain Area developments. Suncore was founded in 1938 and employs over 2,000 people in its sand and gravel, asphalt, masonry and ready-mix concrete operations and its earthwork, utility, demolition and paving services.
April 20, 2026 | 9
SALT LAKE BUSINESS JOURNAL
NEWS ROUNDUP News Roundup Vessel Kitchen restaurant chain names Abe Hollands as president
Aptive Environmental names Jon Chiazzese CEO Aptive Environmental, a nationwide provider of residential pest control services based in Provo, has announced the appointment of Jon Chiazzese as CEO, effective immediately. He previously served as Aptive’s chief operating officer. Before that, he spent nearly a decade at Vivint, a Utah security and smart home company, where he was the senior vice president of field and supply chain operations. Chiazzese has more than two decades of leadership experience across operations, field services and consumer-focused organizations with expertise in change management, organizational strategy and driving financial performance. “I’m honored to step into this role at Aptive and lead such a talented team,” said Chiazzese. “Aptive has built an exceptional platform with a strong reputation for service, and I look forward to continuing to scale the business, invest in our people, enhance our brand reputation and deliver outstanding service experiences for our customers.” Aptive also announced the promotions of April Anslinger to chief marketing and experience officer and Scott Landis to chief people officer. Anslinger brings over two decades of
experience in brand building, digital marketing and consumer engagement, and previously served as Aptive’s chief marketing officer. Prior to joining Aptive, she served as global chief marketing officer at Purpose Brands and previously held senior marketing leadership roles at Procter & Gamble and Estée Lauder Cos. Landis previously served as chief human resources officer and has experience in strategy, organizational development and HR operations. “Aptive is poised to further scale and bring data-infused experiences to our customers, and we are thrilled to have Jon at the helm for this next chapter. He is an accomplished operator with deep experience successfully leading large, customer-focused field organizations,” said Tiffany K. Hagge, chair of Aptive”s board. “We’re also proud to recognize April and Scott for their leadership and contributions to the company. Together, this team is well positioned to continue to grow the business while providing exceptional service and experience to customers nationwide.” One of the fastest-growing pest control companies in North America, Aptive operates in 36 states across the U.S., employing about 3,000 people.
Vessel Kitchen, a restaurant chain with 10 locations across Northern Utah, has named former Café Rio operations leader Abe Hollands as its new president. Hollands joins the leadership team with more than three decades of restaurant industry experience and a “proven track record of building strong teams and scaling successful brands,” the company said in an announcement. Hollands spent 25 years at Café Rio, where he played a key role in the company’s growth from three locations to more than 170 restaurants across 12 states. Throughout his career, he has focused on developing restaurant teams, building operational excellence and helping leaders create high-quality guest experiences, the release said. At Vessel Kitchen, Hollands will oversee operational strategy and restaurant performance as the brand continues its growth across the region. “Abe understands the reality of great restaurants,” said Roe’e Levy, founder of Vessel Kitchen. “My commitment to our kitchens is as strong as ever and having Abe at the helm is going to perfectly enhance our people. He brings steady, empathetic leadership, knowing that strong operations are about giving our kitchens the support
Co-founder Workman returns to CEO position at Owlet
NY investment firm buys South Jordan’s CallTower South Jordan-based CallTower, a managed cloud communications, contact center and collaboration solutions provider, has changed ownership. BV Investment Partners of Boston has sold the company to New York City-based Court Square Capital Partners. BV Investment and current CallTower management retained a minority stake in the business. CallTower offers cloud communications solutions in complex, multi-vendor and multi-location environments, specializing in unified communications as a service, collaboration and contact center as a service platforms. It partners with technologies like Microsoft Teams, Webex by Cisco, Zoom Solutions and other AI-powered contact center solutions. The firm serves over 80 countries from offices in Rochester, New York; London; Montreal; and the Philippines in addition to its Utah headquarters.
“Our experience with BV has been exceptional and we appreciate the guidance and investment they provided to us and look forward to continuing our organic and inorganic growth strategy with our new partner in Court Square,” said Bret England, CEO of CallTower. “For over two decades, CallTower has built a reputation for excellence across the cloud communications and collaboration market,” said Justin Garrison, partner at BV Investment Partners. “We are proud to have worked with Bret and the CallTower team over the past few years to execute its compelling growth strategy and achieve our goals. During this time, we were able to capitalize on growth within existing platforms, accelerate bookings, expand its geographic footprint, and add new solutions. There are many new and existing global opportunities to continue this exciting momentum.”
Owlet Inc., developer and manufacturer of smart infant monitoring devices, has announced the return of Kurt Workman to the company as president and CEO. He replaces Jonathan Harris, who resigned. Workman, current executive chair of the board, co-founder and former CEO, will no longer be executive chair, but will remain on the board, the company said. “I’m incredibly excited to have Kurt back in the CEO role,” said Lior Susan, Owlet’s chairman of the board. “His strategic vision for the future of Owlet and his demonstrated ability to effectively execute on that vision make him uniquely qualified for the CEO role as we enter this next chapter of the business. The board and I welcome his energy and commitment to leading the Owlet team as we solidify our leadership position as partners to the next generation of families, globally.” Owlet did not specify a reason for Har-
ELEVATE YOUR EVENT in the Heart of Downtown Host your next conference or corporate event at Eccles Theater. Book your experience today! Call 385-468-1030 or email: events@artsaltlake.org
and structure they need to cook great food. I’m proud to have him leading the charge to stay true to our roots as we expand.” “I am incredibly excited to be joining the team here at Vessel,” Hollands said. “I look forward to getting to know our teams and learning the craft behind the exceptional food we serve to our guests. Vessel has built something truly special, and I’m eager to support the continued growth of the brand while helping develop great restaurant leaders.” From the beginning, Vessel Kitchen has sought to make better food available to more people. With a chef-driven approach, Vessel draws inspiration from around the world to craft flavorful dishes designed to nourish all appetites. Since the first location opened in Park City in 2016, communities have embraced Vessel’s purpose. Today, the independently owned and operated restaurant has locations across Utah and continues to grow while staying rooted in its commitment to scratch-made food and genuine hospitality. Vessel Kitchen features scratch-made New American and healthy comfort food in a fast-casual setting, focusing on locally sourced ingredients. Its menu features market plates, signature bowls, salads and naan tacos.
ris’ resignation, but Harris, in a LinkedIn post, said the resignation “wasn’t a sudden decision” but came from conversations with the board, sharing a view that it was “the right moment to bring in new leadership.” “My return as CEO is a commitment to the mission I started in a garage 12 years ago,” said Workman. “Owlet is the category leader in pediatric health monitoring with an unparalleled data set, yet there is still an immense opportunity to increase our market penetration, accelerate adoption and improve the health and wellness of infants worldwide. I am stepping back in to deliver on this vision. My goal is to make Owlet the standard for at-home pediatric health, and I’m ready to get back to work with this incredible team, our amazing partners and the parents around the world that put their faith and trust in the Owlet brand.”
10 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
Bed Bath & Beyond to acquire Lumber Liquidators, other F9 brands
Bed Bath & Beyond, the Murray-based owner of Bed Bath & Beyond, Overstock. com, buybuy BABY, Kirkland’s and a blockchain asset portfolio, has announced that it has signed a letter of intent to acquire the equity interests and substantially all assets of F9 Brands Inc. F9 owns and operates Cabinets To Go, Lumber Liquidators, the Thos. Baker brand Gracious Home and Southwind Building Products. F9 Brands is located in Lawrenceburg, Tennessee. In a statement, Bed Bath & Beyond said the transaction “will represent an additional step in further building a national, fully integrated home services platform” under the company’s new Beyond Home Ser-
vices division. “We believe these assets, including Elfa and Closet Works, will expand the company’s ability to serve customers across the full lifecycle of homeownership, from design and product selection to installation and financing,” the release said. Beyond Home Services will combine its new brands in cabinets, flooring, closets and distribution with installation services, financing and Bed Bath & Beyond’s retail footprint to add home projects to its offerings. Jason Delves, current president and CEO of F9 Brands, will become CEO of Beyond Home Services. Bed Bath & Beyond said the purchase price was about $150 million, comprising
$37 million in cash and approximately 16 million shares of its common stock at $7 per share, representing a transaction value of $107 million at the current market price. The deal includes additional incentive payouts based on F9 Brands’ performance over the next five years. The acquired brands generated $522 million in sales in fiscal 2025. “With the anticipated addition of Lumber Liquidators and Cabinets to Go to Elfa and Closet Works, Beyond Home Services is established with the brands, the capabilities and the team to serve the homeowner from concept to completion,” said Marcus Lemonis, executive chairman and CEO of Bed Bath & Be-
yond. “Each brand owns a distinct category — modular storage systems, custom closets, flooring, cabinets and countertops, carpet and hard-surface flooring distribution — and together with our installation services and field sales organization, we can take the homeowner through the full lifecycle of a renovation, all under one platform.” Cabinets to Go owns and operates more than 100 stores nationwide. Lumber Liquidators is a retailer of waterproof and hardwood flooring with more than 200 in the U.S., and Southwind Building Products supplies flooring and building materials to a network of 4,400 independent retailers and contractors across the country.
Alsco Uniforms acquires California’s Advanced Linen Service
Alsco Uniforms, a Salt Lake Citybased family-owned uniform and linen laundry services company touted as the nation’s largest, has acquired Advanced Linen, a uniform and linen provider serving California’s Bay Area, Central Valley and Monterey Bay. “This acquisition aligns with a long-standing approach to growth for Alsco Uniforms — partnering with respected local companies and continuing the customer relationships they have care-
fully built over decades,” Alsco said in a release announcing the buyout. “Those relationships are the foundation of the business and will remain a top priority throughout the transition and beyond.” Gordon Hickman, president and co-owner of Advanced Linen, said in a statement that he and his partners carefully chose Alsco Uniforms as the company they trust to take care of their customers moving forward. “This decision reflects a shared commitment to service, integrity
and customer support,” he said. In a joint statement, the companies said that throughout the acquisition process, Advanced Linen’s customers can expect a seamless transition with no disruptions to linen services. “Our focus is simple,” said Bob Steiner, CEO of Alsco Uniforms. “We are committed to continuing the great customer partnerships Advanced Linen has built and ensuring every customer feels confident about who is serving them today and into the fu-
ture. Since 1889, we have delivered hygienically clean linens and uniforms to businesses in communities around the world, along with our many other services.” Alsco Uniforms is a fifth-generation company founded in 1889. Alsco provides laundry services and other products to all market segments, including health care, automotive, industrial and hospitality. With more than 200 locations and 16,000 employees, Alsco serves 350,000 customers in 13 countries.
FinWise Bancorp appoints Jim Noone as CEO
Murray-based FinWise Bancorp, parent company of FinWise Bank, has named Jim Noone as CEO, effective April 6. Kent Landvatter, who has been CEO since 2010, will retain his position as executive chairman of the holding company and the bank. The firm’s board said the transition reflects the successful execution of a multiyear succession plan it established. Noone was appointed president of FinWise Bank in 2023, president of the holding company in 2024 and CEO of the bank in 2025. He will continue as president and CEO of the bank.
“Kent and Jim have worked in close partnership throughout this transition,” said Howard Reynolds, vice chairman and lead independent director of FinWise. “Jim has consistently delivered strong operational execution and sound judgment throughout his career at FinWise. The board has complete confidence in his leadership and ability to continue executing the company’s strategy.” In his role as executive chairman, Landvatter will remain an employee and be actively engaged in long-term strategy, board governance, investor relations and other
high-level initiatives, ensuring continuity and stability, the company said. “This transition does not represent a change in strategic direction,” Reynolds said. “FinWise’s priorities, financial targets and operating model remain unchanged.” “I am honored to step into the role of CEO of FinWise and grateful for the trust the board has placed in me,” said Noone. “This was a thoughtfully planned transition, and I am fortunate to have worked closely with Kent for many years. We have a strong team, a clear strategy and a disciplined operating model, and I look
forward to continuing to execute our priorities while building long-term value for our stakeholders.” “Succession planning has been a long-standing priority for the board and for me personally, and this transition reflects the successful execution of that work,” said Landvatter. “Jim has proven himself at every stage of his progression and I have complete confidence in his leadership. As executive chairman, I will remain engaged in strategy and governance while enabling Jim and the executive management team to lead the company forward.”
Focus on business. We’ll manage the rest. TREASURY MANAGEMENT SERVICES
Receivables • Payables • Liquidity Management • Fraud Protection
cbutah.com
April 20, 2026 | 11
SALT LAKE BUSINESS JOURNAL
Washington named president, CFO of iFIT Inc.
Marc Washington, president of iFIT
Logan-based iFIT Inc., a developer of interactive fitness technology, content and devices, has named Marc Washington as president and chief financial officer (CFO). An experienced executive, entrepreneur and advisor, Washington brings over two decades of leadership experience across the health, wellness and fitness sectors to his new dual role at iFIT. Washington has a track record of building household wellness brands, having previously served as founder and CEO of Supergut, president and chief operating officer of Beachbody, CEO of Irwin Naturals and CFO of The Wonderful Co. At iFIT, Washington’s role will be to
drive strategic growth, streamline operations and enhance the company’s financial performance “as it continues to innovate the connected fitness landscape,” the company said in its announcement. “We are thrilled to welcome Marc to the iFIT executive team,” said Kevin Duffy, CEO of iFIT. “Marc brings a rare blend of financial discipline and proven success scaling health and wellness brands. He understands how to bridge the gap between operational excellence and consumer-centric growth.” “I have dedicated my career to helping people lead healthier lives and I am incredibly excited to continue that mission at iFIT,” said Washington. “I am thrilled
to join the iFIT team at such a pivotal moment in the connected fitness industry. IFIT holds immense potential and a legacy of innovation that distinctly sets it apart in the global wellness market. I look forward to working alongside the team to drive our next exciting chapter of growth in bringing our transformative, personalized fitness experiences to even more homes worldwide.” Washington graduated from Princeton University, where he was an Academic All-American and co-captain of the football team, and holds an MBA from Harvard Business School. A father of three, he resides in Los Angeles with his wife.
David Edwards appointed CEO of SLC’s MasterControl
MasterControl, a Salt Lake City provider of AI-enabled quality, manufacturing and asset management software for life sciences and other regulated industries, has announced that David Edwards has been appointed CEO, effective immediately. Edwards has been the company’s chief revenue officer since 2021. Jon Beckstrand, who has been MasterControl’s CEO for the past 25 years, will assume the position of board chair and Richard Beckstrand, who has served as chairman of the board for nearly 30 years,
will transition to a board member role. “Our customers are at the heart of everything we do. Each day, they are working to bring life-changing products to people who need them,” Edwards said. “This new phase for MasterControl is about deepening that commitment, using AI to help life sciences companies operate more efficiently and compliantly. With solutions that create efficiency in quality and manufacturing, we help unlock the value of data as businesses embrace AI.” Edwards brings more than 20 years of
leadership experience in sales, manufacturing and software to his new role as CEO. Since joining MasterControl in 2017, Edwards has worked closely with customers to expand their use of the company’s suite of solutions. Prior to MasterControl, Edwards was chief operating officer and vice president of business development at 3form, a designer and manufacturer of architectural materials. Earlier in his career, he worked at Danaher Corp. as marketing manager and manufacturing manager. He began his ca-
reer as a project manager at TenFold Corp. “David is an amazing leader and exactly the right person to lead MasterControl through this next phase,” said Jon Beckstrand. “I am excited to continue to be involved with MasterControl as board chair and look forward to helping our customers bring life-changing products to more people sooner.” Edwards holds an MBA in business from Harvard Business School and a Bachelor of Science in economics from the University of Utah. He will be based in Salt Lake City.
Utah takes stand against sexual misconduct in licensed professions
The Utah Division of Professional Licensing (DOPL) has formed a task force to tackle the rise of sexual misconduct complaints against professional license holders. “The misuse of a professional license to perpetrate sexual misconduct is not just a grave violation of individual trust; it is a profound betrayal of the public’s confidence in our professions,” Margaret Busse, executive director of the Utah Department of Commerce, said in a release. “These heinous acts inflict profound harm to victims and damage the reputations of
entire industries. This task force is our unequivocal declaration: Utah will hold licensed professionals accountable to protect our communities and the integrity of state-regulated industries.” The task force will focus on professions that have historically received the highest percentage of sexual misconduct complaints: health care, mental health and massage therapy. To ensure a survivor-centered approach, the group comprises stakeholders from various sectors, including victim advocacy, law enforcement and professional associations.
“As regulators, it is our fundamental duty to protect the public from bad actors who violate the trust built into their professional roles,” Jana Johansen, task force chair and DOPL assistant director, said in a department release. The task force will review current laws and procedures to pinpoint gaps and ensure a survivor-centered approach. Several of the task force’s goals include: • Development of a “Unified Inter-Agency Protocol” that standardizes the process for sharing and cross-referencing reports among state agencies.
• Creation of a “Survivor Resource Map,” a digital, sequential resource to help survivors navigate available criminal, civil and administrative options. • Implementation of public awareness initiatives, such as mandatory training for licensed professionals and state agencies. • Compilation of a list of recommended statutory changes. DOPL will share resources and tools that result from the task force on its News & Resources page and announce changes that directly impact licensed professions to licensees via email.
HELPING YOU WIN AT
KING OF THE HILL . THE CASE TV620B The CASE TV620B is the strongest compact track loader ever built. And it’s just the start. We’ve got the machine for any kind of job, big or small. Check out our entire compact track loader lineup at CaseCE.com or talk to your dealer. UTAH SALT LAKE CITY 4343 Century Dr. Salt Lake City, UT 84123 Phone: 801-262-5761
LOGAN 453 N 1000 West Logan, UT 84321 Phone: 435-752-1533
NEW MEXICO
COLORADO
ALBUQUERQUE 6301 Edith Blvd. NE. Albuquerque, NM 87107 Phone: 505-433-2246
DURANGO 1097 Hwy 3 Durango, CO 81301 Phone: 970-247-0522
SPRINGVILLE 1350 S. 2000 West Springville, UT 84663 Phone: 801-794-1463 CLIFTON 549 32nd Rd. Clifton, CO 81520 Phone: 970-434-7363
CEDAR CITY 482 N. Main St. Cedar City, UT 84720 Phone: 435-586-4406
©2023 Century Equipment Company. All rights reserved. CASE is a trademark registered in the United States and many other countries, owned by or licensed to CNH Industrial N.V., its subsidiaries or affiliates.
12 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
INDUSTRY BRIEFS Industry Briefs Company news information may be sent to brice.w@thecityjournals.com.
DISTRIBUTION
• GEMCO Medical, a national wholesale distributor of medical supplies, has announced it will open a new distribution center in West Jordan this summer. The facility will expand capacity, accelerate delivery times, and enhance service levels for customers across the western United States. The West Jordan distribution center will operate as a fulfillment facility and support the company’s growing health care-compliant third-party logistics services. The site will receive, store and distribute a range of medical supplies. Among partners involved with landing the facility are the Economic Development Corporation of Utah, NUEA, Kelsie Akiyama of Newmark MW, Rand Sargent of Mountain West, Stokes Stevenson, Hunt Electric, Berkshire Hathaway HomeServices, Horrocks, VCBO, Okland Construction, Your Employment Solutions, Jon Schreck of Cushman & Wakefield and West Jordan City.
ECONOMIC INDICATORS
• The average tax refund for tax filers in Salt Lake County is $3,623, according to a study by Upgraded Points and based on IRS data. Upgraded Points provides advice on credit card rewards programs and other financial products. Nationally, about three-quarters of all tax filers receive refunds, averaging nearly $3,600. In Salt Lake County, about 66.1 percent of filings result in a refund. About 92 percent of refunds are issued via direct deposit. In Salt Lake County, the average refund amount for people making below $50,000 a year is $2,161. It is $2,843 for those making between $50,000 and $100,000; $4,773 for those making between $100,000 and $200,000; and $21,617 for those making over $200,000. The state with the highest average refund is Florida, at $4,433. The county with the largest average tax refund is Teton County, Wyoming, at $15,156. Summit County comes in No. 3 among counties nationally, with an average of $8,481. Details are at https://upgradedpoints.com/news/average-tax-refunds-bystate-county/. • Washington Square Park in Salt Lake City is the state’s “best spot to escape the noise,” according to a survey by A Mission for Michael. It surveyed people about everyday places they seek out when they need a little stillness. Coming in No. 2 in Utah is Conservation Garden Park in West Jordan and at No. 3 is Centennial Park in West Valley City Details are at https://amfmtreatment.com/blog/city-solitude-best-places-to-disconnect-in-cities/.
HOSPITALITY
• The Domain Cos., a real estate development, management and investment firm, in partnership with private equity real estate firm Cottonwood Group, has closed on $102 million financing to develop Kimpton Hotel, a 216-room luxury lifestyle hotel in Salt Lake City that will feature an upscale restaurant and a rooftop bar with year-round access. The hotel, at 370 S. West Temple, will operate under IHG Hotels & Resorts’ Kimpton luxury lifestyle brand. The 10-story mid-rise project is expected to be complete by the first quarter of 2028. It will feature a fitness center; 7,000 square feet of meeting space; valet parking; indoor and outdoor terraces; and regular programming including live music, curated events and seasonal popups. The general contractor is Wadman. Solomon Cordwell Buenz (SCB) is the architect and Goodrich is the interior designer. Stonebridge Cos. will manage the project. Brokers on the financing deal include Matt Weiner, Jay Morrow and Dustin Stolly at Walker & Dunlop.
MANUFACTURING
• YESCO, a Salt Lake City-based company involved in creating, repairing and maintaining signs, has completed restoration and modernization of the iconic Encinitas Gateway Sign spanning Coast Highway 101 in Encinitas, California. As part of the restoration, YESCO replaced the existing sign letters, which had experienced corrosion after years of exposure to coastal elements. The project also included repairing rust and structural wear and repainting the sign and updating of the sign’s lighting system from its original neon tubing to modern LED technology. The current gateway sign was installed in 2001 in tribute to an earlier version erected in 1928 by the Encinitas Chamber of Commerce. Remaining in place until 1937, that original 1928 structure was removed to accommodate road widening. The 2001 sign measured roughly 80 feet across. • Genpak, a North Carolina-based foodservice packaging manufacturer, has announced the closure of its manufacturing facility in Cedar City, citing rising legislative polystyrene bans in neighboring states. In place for over 30 years, the plant, which produces polystyrene containers and has about 200 employees, is scheduled to close by May 23. The company said legislative restrictions on polystyrene foam foodservice containers are in effect in several states and prohibit the sale of single-use foam foodservice containers, tableware and cups.
MINING
• U.S. Critical Materials Corp., a Salt Lake City-based rare earth exploration and process technology company, has executed a non-binding memorandum of understanding with REalloys Inc. to collaborate in advancing domestic rare earth and critical mineral supply chain independence for the United States. Ohio-based REalloys Inc. is advancing a fully integrated North American mine-tomagnet supply chain encompassing upstream resource development, midstream processing and downstream manufacturing. Under the MOU, the companies will combine their respective strengths in mineral resources, processing technology and downstream capabilities to accelerate the development of a fully domestic rare earth supply chain. The collaboration is expected to include potential offtake agreements with REalloys and access to its existing rare earth processing and metallization capabilities at its Department of Defense-supported facility in Ohio. The MOU also establishes a framework for potential strategic investment and equity exchange, joint pursuit of government financing and coordinated government relations.
NONPROFITS
• Columbus Community Center in Millcreek has completed its newly rebuilt Connor Street residence at 3087 S. Connor St., Salt Lake City. It is a fourplex designed to support adults with developmental and cognitive disabilities in a setting that prioritizes independence, dignity and community connection. It incorporates universal design elements throughout, including step-free entryways, ADA-compliant layouts, accessible kitchens and bathrooms, and visual cues that support navigation and independence. The home will serve eight residents with 24/7 support tailored to individual needs.
PARTNERSHIPS
• FatPipe Inc., a Salt Lake Citybased company offering software-defined wide area networking and Secure SD-WAN and cybersecurity solutions, has announced a new partnership with TD SYNNEX, a Florida- and California-based global distributor and solutions aggregator for the IT ecosystem. The partnership aims to expand the reach of FatPipe’s networking and cybersecurity solutions to enterprise partners and customers worldwide. FatPipe’s platform is designed to help organizations simplify network management; improve application performance; strengthen cybersecurity; and support increasingly distributed, cloud-driven environments.
NEED EQUIPMENT?
Tools • Equipment • Supplies 24HR EMERGENCY SERVICE
(801) 463-7997 4235 South 500 West Salt Lake City, UT 84123 www.howerentals.com
Locally Veteran owned and operated since 1953
• Neighbor, a Lehi-based marketplace for storage and parking, and QuikStor, a California-based company offering an operator-built management software platform for the self-storage industry, have announced a partnership. Through the integration, QuikStor customers can seamlessly list available storage units on Neighbor and receive new renters. Through a native API integration, QuikStor customers publish any available inventory — standard self-storage units, climate-controlled spaces, drive-up units and vehicle storage — directly to Neighbor’s marketplace. Renters discover the facility on Neighbor, and customer information syncs back into QuikStor with full attribution.
PHILANTHROPY
• DoTerra Healing Hands, in partnership with the Lāhui Foundation, has launched a relief campaign to support individuals and families navigating the aftermath of flooding in Hawaii. The initiative combines immediate, on-the-ground aid through doTerra community members with a fundraising effort for Lāhui Foundation to help deliver timely, meaningful support. The effort includes 1,150 72-hour emergency kits being distributed across impacted areas through the doTerra Hawaii Fulfilment Center and local wellness advocates. The center is mobilizing locally, donating a range of doTerra On Guard products, including cleaner concentrate, laundry detergent, hand soap and throat drops to help maintain hygiene and cleanliness as recovery efforts continue. Healing Hands also has committed to matching all donations made through its Givebutter fundraising page, dollar-for-dollar, up to $25,000, doubling the impact of each contribution and expanding the reach of relief efforts. Details are at www.doterrahealinghands.org. • Owlet Inc., a Lehi-based company focused on smart infant monitoring, recently donated $39,000 in products to the Children’s Hospital Los Angeles as part of Babylist’s 11th annual “Make March Matter” campaign benefiting pediatric care. The products will be used by CHLA’s Newborn Intensive Critical Care Unit. Make March Matter is CHLA’s annual fundraising campaign, mobilizing individuals, families and companies across the country to support the hospital’s life-saving work. Babylist, a baby registry and parenting resource, serves as a key campaign partner. Owlet’s advocacy arm, Owlet Cares, has donated over $2.5 million in product and charitable support since 2021 and works with more than 40 global nonprofit partners to improve the lives of babies and families.
April 20, 2026 | 13
SALT LAKE BUSINESS JOURNAL
REAL ESTATE
• Manova Partners, a boutique international real estate investment manager with a presence in Europe, North and South America, and Australia, has purchased 60 Park Ave., a Class A office building in Sugar House in Salt Lake City. It is the company’s first property in the city. The six-story building is 97 percent leased. The 143,806-squarefoot building sits on just over four acres and was completed in 2020. Tenants at 60 Park include FTP Power, Filevine, Arena Communications, RBC Capital Markets and Sotheby’s Realty. 60 Park Ave was marketed for sale by CBRE.
RESTAURANTS
• Beans & Brews Coffee House, a Salt Lake City-based coffee franchise, has announced that in the first quarter of the year alone, the brand opened six new locations across three states, with seven total openings in the first 100 days of 2026. That is the most successful development period in company history. New first-quarter locations include coffee houses in Colorado, Nevada, Utah and Texas. The new location in Price delivered the strongest opening weekend in brand history. The company plans to open a record 25 new locations in 2026, building on the momentum of 11 openings in 2025. In March, one
of the brand’s largest franchisees committed to eight new locations over the next 16 months, bringing its total footprint to 14 units. The company has over 94 locations across six states, with over 75 more in development. • Bonrue Bakery, a St. George-based European-style patisserie, has announced plans to open 10 new locations across Utah through 2027. The expansion will begin in Utah County, with new locations in Provo and Orem opening later this year, as well as a central kitchen built in Springville. • Mo’ Bettahs, a Salt Lake City-based Hawaiian-style fast-casual brand, has announced plans to enter three new markets:
Phoenix, Indianapolis and Minneapolis. Founded in 2008 in Bountiful, Mo’ Bettahs operates nearly 80 corporate-owned restaurants across nine states.
RETAIL
• Clean Simple Eats, a Draper-based brand in the health and wellness industry, has launched at Walmart. A selection of the brand’s product lines will be available for purchase at select Walmart stores nationwide and online at walmart.com. CSE’s protein powder is available in 2,000 Walmart stores and on walmart. com, with the hopes of expanding to all Walmarts nationwide.
PEOPLE on ON THE People the MOVE Move Company news information may be sent to brice.w@thecityjournals.com.
BANKING
• Bank of Utah, based in Ogden, has appointed Chris Herbert as a treasury management officer. Herbert will focus on acquiring new commercial deposit clients, strengthening existing business relationships and increasing deposit growth among key accounts and Chris Herbert large-scale businesses. Herbert has more than 12 years of banking experience, including 11 years specializing in treasury management. Before joining Bank of Utah, he spent nearly a decade as a treasury manager at Zions Bank, where he worked with a diverse portfolio of retail, commercial and industrial (C&I) and commercial real estate clients. Herbert earned a bachelor’s degree in economics from the University of Utah. Bank of Utah has 18 full-service branches in the state. • America First Credit Union, based in Ogden, has appointed Jessica Graham as executive vice president and chief legal officer. Graham will guide the credit union on regulatory compliance, risk management and strategic decisions, while supporting ongoing growth Jessica Graham initiatives. Graham has nearly 30 years of legal expertise, including spending several years in private practice with national law firms and the last 23 years as general counsel and chief legal officer for large institutions with multi-state and international operations. Most recently, Graham served as executive vice president, chief risk officer and chief legal officer for Global Federal Credit Union. AFCU has
116 locations across Utah and five other states. • D.L. Evans Bank, based in Idaho, has promoted Blake Lewis to commercial loan officer at its Orem branch. He will focus on supporting the bank’s growth by pursuing business development opportunities within the community. He will work closely with customers and prospective Blake Lewis clients to help resolve financial needs through tailored banking products while building and strengthening long-term relationships. Blake has been with D.L. Evans Bank for over a year, gaining experience through the bank’s Loan Officer Internship program while working in a variety of branch and back-office roles. Prior to joining the bank, he held positions as a financial analyst, assistant controller and sales team leader. His education includes a bachelor’s degree in business finance from BYU-Idaho. D.L. Evans Bank has 39 branches across Idaho and Utah.
HOSPITALITY
• Lodging Dynamics Hospitality Group, a Provo-based national hotel management company, has promoted Kristie Byrd to the newly created role of chief commercial officer. Byrd will oversee sales, marketing, revenue management and business development. She will Kristie Byrd lead the vice presidents of revenue management and marketing, regional directors of sales, and the director of business development. Byrd has 31 years of experience in the hospitality industry. Over the past decade, she has played an active role in driving
business development, contributing to the identification of new client relationships and the successful closure of multiple management deals.
MANUFACTURING
• Biomerics, a Salt Lake City-based contract manufacturer for the interventional medical device market, has appointed Tera Laken as general manager of its facility in Winston-Salem, North Carolina. She succeeds Ken Hogue, who is retiring after 11 years at Tera Laken the company.
MEDIA/MARKETING
• Love Communications, a Salt Lake City-based, employee-owned advertising, public relations and digital marketing agency, has hired David Johnson as creative director of design. He will lead design across the agency and contribute to brand and creative direction, David Johnson and he will support key client work in the tourism, finance and biotech sectors. Johnson has more than two decades of experience spanning both agency and in-house leadership roles. He spent the first 10 years of his career working at agencies across Utah, leading creative for a range of local and national clients. He later helped grow Degreed, a Utah-based learning startup.
OUTDOOR RECREATION
• Deer Valley Resort in Park City has announced Kevin Kirksey as its vice president of marketing. He will lead Deer Valley’s global brand strategy and creative direction. Kirksey has more than 20 years of marketing and storytelling experience with sports brands. He joins
Deer Valley after holding leadership roles at Nike and ESPN, where he led teams across global and regional marketing. He began his career in ad agencies, building a foundation across both creative development Kevin Kirksey and business strategy, and has since led work focused on building consumer-centric brands and experiences that drive growth.
REAL ESTATE
• St. John Properties Inc., a Baltimore-based commercial real estate development and management company active in 13 states, has promoted Scott Gifford to vice president of leasing in its Utah regional office. Gifford will direct all leasing efforts of St. John Properties’ portfoScott Gifford lio across Utah with a focus on identifying companies and organizations seeking new or expanded commercial office, flex/R&D and retail space. Gifford has worked with St. John Properties since 2019, was formerly assistant vice president of leasing, and has more than 20 years of business and real estate experience. Since entering the Utah market in 2014, St. John Properties has developed more than 1.2 million square feet of space across four business communities in Salt Lake, Weber and Utah counties. Gifford is responsible for the negotiation of new leases and lease renewals, establishing and maintaining strong relationships in the commercial real estate brokerage community, assisting with due diligence activities for land and building acquisition opportunities, and representing the company at external events and functions.
14 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
CALENDAR Calendar “Solve the Business Puzzle: How to Handle Hard Conversations Without Burning Bridges,” a Women’s Business Center of Utah event that takes place online. Free. Details are at wbcutah.org.
ness Center of Utah event. Speaker Alex Leonardi, economic development coordinator for Davis County, will discuss the Utah Small Business Credit Initiative (USBCI) Loan Participation Program (LPP), which provides competitive, lower-interest loans by combining lender capital with a government-backed portion. Event takes place online. Free. Details are at wbcutah.org.
April 21, 2-3:30 p.m.
April 22, 5-6:30 p.m.
Information about upcoming events may be sent to brice.w@thecityjournals.com.
April 21, noon-1 p.m.
“Starting Your Business 101,” a Small Business Development Center event that takes place online. Details are at https:// clients.utahsbdc.org/events.aspx.
April 22, 11:30 a.m.-1 p.m.
“Canada & UK Trade Insights,” a World Trade Center Utah event featuring a discussion about Canada’s business landscape, managing volatility in North American trade, the USMCA being under pressure, and a look at the UK after Brexit. Speakers are Greg Peterson, Daniel Scott and Ben Stansfield, partners at Gowling WLG. Location is World Trade Center Utah, 60 E. South Temple, Suite 300, Salt Lake City. Free (registration is required). Details are at https://luma.com/1eublp16.
April 22, 11:30 a.m.-1 p.m.
“Chamber Connections,” a Davis Chamber of Commerce event. Location is the Davis Chamber, 450 S. Simmons Way, Suite 220, Kaysville. Details are at davischamberofcommerce.com.
April 22, noon-1 p.m.
“Ready To Rise: USBCI Qualifications & Preparation,” a Women’s Busi-
“Connect After Hours,” a South Valley Chamber of Commerce event. Location is Eight Settlers Distillery, 7321 Canyon Centre Parkway, Cottonwood Heights. Cost is $15 for members, $25 for nonmembers. Must be 21 or older. Details are at southvalleychamber.com.
April 22, 5-6 p.m.
Legal Workshop (in English and Spanish), a Small Business Development Center event. Location is Orem/Provo SBDC at Utah Valley University. Details are at https://clients.utahsbdc.org/events. aspx.
April 22, 6-7 p.m.
“Facebook/Instagram Ads: Create and Manage Ads like a Pro,” a Small Business Development Center event that takes place online. Details are at https://clients.utahsbdc.org/events.aspx.
April 23-24
Women’s Business Conference, presented by WISE (Women Inspiring Success & Excellence) Women and designed for women entrepreneurs to grow, build referral partners and impactful collaborations.
In Partnership with
APRIL
23 2-6 PM LOCATION
TAYLORSVILLE HIGH SCHOOL
5225 S REDWOOD RD, TAYLORSVILLE, UT 84123
• Marketed to over 150,000 West-Side households • 85+ Employers Participating
LOOKING TO HIRE? Connect with QUALIFIED JOB SEEKERS that are ready to work now while introducing your company and career pathways to the next generation of talent.
Sign up for a table by scanning the QR code or calling ChamberWest at 801-977-8755 Presenting Sponsors
For more information, visit www.ChamberWest.com
Location is Element Event Center, 5658 Cougar Lane, Kearns. Cost is $399 for both days, $599 with VIP Night. Details are at Eventbrite.com.
April 23, noon-4:30 p.m.
“The Wellness Shift: Driving Culture, Care & Cost Savings,” a Utah Worksite Wellness Council event designed for HR and wellness professionals committed to improving employee well-being in the workplace. Keynote speaker Dr. Scott Conard will discuss “Innovating on America’s Sick Care System.” Location is Zions Bancorporation Technology Center, 7860 Bingham Junction Blvd., Midvale. Cost is $195. Details are at https://utahworksitewellness.org/events/2026-sponsorship-exhibitor-registration/.
with UMOCA, and a 360-degree rooftop open space component. Location is Aperture Residences, 210 W. 300 S., Salt Lake City. Free for ULI Utah members, $20 for nonmembers. Details are at https://utah. uli.org/events-2.
April 29, 3-5:30 p.m.
“Point of Leadership,” a Point of the Mountain Chamber of Commerce event featuring the UIP Pit Crew Challenge. Location is Mountainland Technical College, Trades & Technology Building, 2353 Triumph Blvd., Lehi. Cost is $30, $150 for a team of six. Details are at thepointchamber.com.
April 30, 9-10 a.m.
Community Job Fair, presented by ChamberWest, the Utah Department of Workforce Services, the Granite School District, Jordan School District and Salt Lake Community College. Location is Taylorsville High School, 5225 S. Redwood Road, Taylorsville. Details are at chamberwest.com.
Global Business Briefing, co-hosted by the Salt Lake Chamber and World Trade Center Utah. Briefs will be focused on expanding market access and global competitiveness for Utah companies, supporting businesses in identifying international production and supplier partners, and positioning Utah as a destination for foreign investment. Event takes place online. Free (registration is required). Details are at slchamber.com.
April 23, 6-7 p.m.
April 30, noon-1 p.m.
April 23, 2-6 p.m.
Intellectual Property Clinic, a Small Business Development Center event that takes place online. Details are at https://clients.utahsbdc.org/events.aspx.
April 28, 11:30 a.m.-1 p.m.
Professional Development Series, a ChamberWest event. Speaker Sharlene Wells, chief public affairs officer at Mountain America Credit Union, will discuss “Managing Change with Grit and Grace: Lessons from Sports, the Military and the Stage.” Location is Utah Trucking Association, 4181 W. 2100 S., West Valley City. Details are at chamberwest.com.
April 28, 11:30 a.m.-1 p.m.
Women in Business, an Ogden-Weber Chamber of Commerce event. Location is Jeremiah’s Lodge & Garden, 1329 W. 12th St., Marriott-Slaterville. Cost is $25 for members and first-time guests, $35 for nonmembers. Registration deadline is April 21 at noon. Details are at ogdenweberchamber.com.
April 28, 11:30 a.m.-1 p.m.
Women in Business, a South Valley Chamber of Commerce event featuring the Junior Women in Business graduation program. Keynote speaker is Chelsea Fairbourn, executive director, Tony Finau Foundation. Location is Salt Lake Community College’s Miller Campus, Karen Gail Miller Conference Center, Building 2, 9750 S. 300 W., Sandy. Cost is $23 for members, $35 for nonmembers. Details are at southvalleychamber.com.
April 29
2026 Business Expo, a Davis Chamber of Commerce event. Location is Davis Conference Center & Hilton Garden Inn, 1651 N. 700 W., Layton. Details to be announced at davischamberofcommerce.com.
April 29, noon-1 p.m.
“Walkable Wednesday: Aperture Residences,” a ULI (Urban Land Institute) Utah event. Aperture Residences is a high-design boutique mixed-use residential development with 48 one-bedroom flats and multi-story penthouse residences, ground-floor commercial use, a residential partnership with adjacent Edison House, original art curated in partnership
Start School, a Silicon Slopes event. Speaker Brock Blake, founder of Lendio, will discuss “$1 Billion to 50,000 Small Businesses and Counting.” Location is Silicon Slopes, 2600 W. Executive Parkway, Lehi. Details are at https://app.siliconslopes.com/events.
May 5-7
HIPE (Hill Industry Partner Exchange), offering aerospace and supply chain professionals an opportunity to meet and discuss current issues, trends, lessons learned, technology, requirements, and the future of the U.S. Air Force supply chain. Theme is “Rapidly Changing Environments.” Attendees will hear from industry innovators, academia, state representatives and military keynote speakers. Location is Ogden Eccles Conference Center in Ogden. Cost is $550. Details are at https://hipeogden. com/?utm_source=luma.
May 5, 11 a.m.-1 p.m.
Business Women’s Forum 2026. Speaker Mindy B. Young, CEO of Constructive Alchemy, will discuss “The Courage to Connect: Leadership That Unites.” Location is Salt Lake Marriott Downtown at City Creek, 75 S. West Temple, Salt Lake City. Cost is $40 for members and $60 for nonmembers. Details are at slchamber.com.
May 6, 11:30 a.m.-1 p.m.
Business Alliance, a Davis Chamber of Commerce event. Location is Boondocks Fun Center, 525 Deseret Drive, Kaysville. No RSVP needed. Free. Lunch available for purchase. Details are at davischamberofcommerce.com.
May 7, 8 a.m.-4:30 p.m.
2026 UVU Business & Economic Forum, including sessions focused on maximizing business value; preparing for both planned and unexpected transitions; avoiding costly pitfalls; and understanding what buyers, investors and successors truly look for. Location is Utah Valley University, Young Living Alumni Center, 1062 W. 800 S., Orem. Cost is $125. Details are at thepointchamber.com.
April 20, 2026 | 15
SALT LAKE BUSINESS JOURNAL
PUBLIC NOTICES NOTICE OF TRUSTEE'S SALE The following described property will be sold at public auction to the highest bidder, without warranty as to title, possession, liens or encumbrances, payable in lawful money of the United States, at the main entrance of the Second District Court, 800 W State St., Farmington, UT 84025 on Tuesday, April 21, 2026, at 10:00 a.m., for the purpose of foreclosing a Deed of Trust, dated May 24, 2019, executed by RAUL G. CAMPOS and MARY M. CAMPOS, hus- band and wife as joint tenants, as Trustor, in favor of ZIONS BANCORPORATION, N.A. dba ZIONS FIRST NATIONAL BANK, as Beneficiary, recorded on June 21, 2019, as Entry No. 3167629, Bk 7289, Pg 424443, in the Davis County Recorder's Office, State of Utah, covering real property located in Davis County, State of Utah, and more particularly described as follows: THAT CERTAIN PIECE OR PARCEL OF LAND, AND THE BUILDINGS AND IMPROVEMENTS THEREON, KNOWN AS: 1084 E NORTHERN HILLS DR IN THE TOWN OF: BOUNTIFUL COUNTY OF: DAVIS AND STATE OF: UT LEGAL DESCRIPTION: COMMENCING AT THE SOUTHWEST CORNER OF THE PROPERTY CONVEYED BY DEED RECORDED IN BOOK 557 OF OFFICIAL RECORDS, PAGE 256, WHICH POINT WITH RESPECT TO THE NORTHWEST CORNER OF LOT 1, NORTHERN HILLS, PLAT A, A SUBDIVISION OF PART OF SECTION 20, TOWNSHIP 2 NORTH, RANGE 1 EAST, SALT LAKE BASE AND MERIDIAN IS SOUTH 149.66 FEET TO THE NORTHWEST CORNER OF THE RESER- VOIR SITE OF THE UNITED STATES OF AMERICA, AND WEST 118.5 FEET ALONG THE BOUNDARY OF SAID RESERVOIR SITE AND SOUTH 76° 14' WEST ALONG THE NORTHERLY BOUNDARY OF SAID RESERVOIR SITE 7.0 FEET, THE POINT OF BEGINNING, AND RUNNING THENCE NORTH TO THE SOUTHERLY BOUNDARY OF A STREET KNOWN AS NORTHERN HILLS DRIVE; THENCE WESTERLY ALONG THE SOUTH LINE OF SAID STREET 90.0 FEET; THENCE SOUTH TO THE NORTH LINE OF THE RESERVOIR SITE AS CON- VEYED IN BOOK 147 OF OFFICIAL RE- CORDS, PAGE 601; THENCE NORTH 76° 14' EAST 90.0 FEET, MORE OR LESS TO THE BEGINNING. Parcel No.: 04-002-0046 TOGETHER WITH all existing or sub- sequently erected or affixed buildings, improvements, and fixtures; all easements, rights of way, and appurtenances; all water, water rights and ditch rights (including stock in utilities with ditch or irrigation rights); and all other rights, royalties, and profits relating to the real property, includ- ing without limitation all minerals, oil, gas, geothermal and similar matters. The real property or its address is common- ly known as 1084 E NORTHERN HILLS DR., BOUNTIFUL, UT 84010. The undersigned disclaims any liability for any error in the street address or tax identification number. The current Beneficiary of the Deed of Trust is ZIONS BANCORPORATION, N.A., dba ZIONS FIRST NATIONAL BANK. Bidders must be prepared to tender to the Successor Trustee a $5,000.00 deposit at the time of the sale with the balance deliv- ered by 12:00 noon the following business day to the Trustee's office, located at 230 South 500 East, Suite 300, Salt Lake City, Utah 84102. The deposit must be in the form of a cashier's check, bank official check, or U.S. Postal money order, payable to TraskBritt, P.C. The balance must be in the form of a cashier's check, bank official check, U.S. Postal money order, or by wire transfer, payable to TraskBritt, P.C. In addition, Beneficiary may, pursuant to the Utah Commercial Code, cause any personal property described in the Deed in which Beneficiary was granted a lien to be sold in connection with the real property. THIS NOTICE IS AN ATTEMPT TO COLLECT A DEBT, AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. DATED the 5 th day of March 2026. /s/ Glenn R. Bronson Glenn R. Bronson, Successor Trustee TraskBritt, P.C. 230 South 500 East, Suite 300 Salt Lake City, UT 84102 (801) 532-1922 Publishing: 3/16/2026, 3/23/2026, 4/20/2026
Notice is hereby given that on the 13th day of May, 2026 at 10:00 a.m. in the Davis County Administration Building at 61 South Main Street, Farmington, Utah 84025, Room 303. The Davis County Controller, Scott Parke, will offer for sale at public auction and sell to the highest bidder pursuant to the provisions of Section 59-2-1351.1 Utah Code, the following described real property located in Davis County and now delinquent and subject to tax sale. No bid less than the total amount of taxes, penalties, interest and costs which are a charge on the real estate will be accepted. 01-113-0049 Abel, Joe Shannon & Dauneen, Property address: 149 South 350 East, North Salt Lake, UT .26 acres $1,813.05 02-173-0010 Green, Steven R & Kristine C, Property address: Centerville, UT .01 acres $122.70 03-038-0029 Eggett, Jeri Ann, Property address: 1260 South 200 West, Bountiful, UT .49 acres $12,410.86 03-114-3202 Richey, Joshua, Property address: 650 South Main Street #3202, Bountiful, UT .00 acres $9,122.86 04-046-0034 Barela, Manuel Joe Jr, Property address: Mountain Side close to Bountiful, UT 9.40 acres $1,556.55 04-046-0036 Salcido, Merardo, Property address: Mountain Side close to Bountiful, UT 5.15 acres $955.86 05-022-0037 Rawson, Laprele, Property address: 2332 South 300 East, Bountiful, UT .33 acres $33,256.02 05-066-0205 Hatch, Kenneth L, Property address: 571 East Chelsea Drive, Bountiful, UT .449 acres $47,891.02 05-069-0023 Rasmussen, Cory A, Property address: Bountiful, UT .308 acres $3,096.61 05-071-0010 Salazar, Evelia C, Property address: Bountiful, UT .193 acres $1,401.57 06-033-0029 Bobs Tree Service Incorporated, Property address: Woods Cross, UT 5.071 acres $75,017.60 06-034-0168 Illing, Carol Anne, Property address: West Bountiful, UT .05758 acres $470.99 06-249-0012 Uplinger, Jennifer A, Property address: 1561 South 1450 West, Woods Cross, UT .18 acres $16,000.47 08-010-0127 GMW Development Inc., Property address: Kaysville, UT .01 acres $117.91 08-049-0080 Gordon, Michelle E, Property address: 1467 N Cherry Blossom Drive, Farmington, UT .33 acres $13,706.32 08-347-0208 Haun, Andrea, Property address: 516 South 1175 West, Farmington, UT .81 acres $33,512.24 08-639-0001 Clark, Andrew Ellsworth & Megan Oshea, Property address: 368 West State Street, Farmington, UT .46 acres $15,148.97
LEGAL NOTICE DEADLINE Monday by 5 P.M. week of publication
Submit legal notices to: Clientservices@thecityjournals.com
09-053-0036 Halls, Kenneth C & Susan E, Property address: Layton, UT .148 acres $872.91 09-067-0322 Young, Frank, Property address: 2264 North 2650 East, Layton, UT .28 acres $20,954.50 09-171-0061 Tingey, Merrill & Nicole, Property address: Layton, UT .02 acres $125.78 09-226-0002 Esskay Investment Company – ETAL, Property address: 2137 North 2800 East, Layton, UT .349 acres $10,835.80 09-310-0004 Gilleland, Brooke, Property address: 2475 East 1900 North, Layton, UT .00 acres $5,477.02 10-139-0031 Peterson, Mikyong, Property address: 1121 North 150 West, Layton, UT .14 acres $9,786.85 11-002-0080 Shurtliff, Robert L, Property Address: Layton, UT .05 acres $239.49 11-232-0920 Dorius, Val E, Property address: 1005 E 750 South, Layton, UT .162 acres $14,025.73 12-325-0730 Dorius, Val, Property address: 1403 North 2525 West, Layton, UT .19 acres $13,114.11 12-660-0312 Gougousis, Chris Tony & Tricia Macy-Chan, Property address: 3001 South 1325 West, Syracuse, UT .34 acres $20,764.52 12-726-0002 - 12-726-0007 CEMKG LC, Property address: 2107 West 1700 South, Syracuse, UT 1.344 acres $59,408.28 13-057-0005 Graham, Shawn D, Property address: Sunset, UT .025 acres $156.16 The above amount is representative of the taxes, penalties, and interest through May 13, 2026. It does not include any costs related to the sale such as advertising, mailings or title reports. For a current payoff, please contact the Davis County Treasurer’s office @ 801-4513243. Payments may be made in the form of check or cash or Card payment including processing fee. Once the County Auditor has closed the sale of a particular parcel of property as a result of accepting a bid on the parcel, the successful bidder or purchaser of the property may not unilaterally rescind the bid. The County legislative body, after acceptance of a bid, may enforce the terms of the bid by obtaining a legal judgment against the purchaser in the amount of the bid, plus interest and attorney’s fees. Section 59-21351.1 Keep in mind that the sale is a “buyer beware” sale. If you purchase property, you will later be provided with a recorded Tax Deed, which is similar to a Quit Claim Deed. It is your obligation to have researched each property you’re interested in.
SLBusinessJo
BUSINES S JOURNA
urnal.com
LEHI
INSIDE
September
8, 2025 |
Volume 2,
Issue 52
Legend Boxing adds new gym companies
L $1.50
Page 4 SOUTH JORD AN Luxury car dealers hip honored Page 5 SPRINGVIL LE State’s first Buc-ee’s coming to Art City Page 6 Innova
te Utah Page 11 Industry Briefs Page 13 People on the Move Page 14 Business Calendar Page 15
Focus
SALT LAKE
BUSINESS JOURNAL
Real Estate
F Section
Sponsored
by:
The ribbon is cut began welcomi at the Intermountain Health Primary ng patients and families Children’s on Sept. 6. (Photo courtesy Hospital Behavioral Health Center-T Intermountain aylorsville Health) Campus
New childr en’s behavi opens in Tay oral health center lorsville
, which
Intermountain Children veiled the Intermountain ’s Health unschool students ry Children Health Prima’s Hospital seriously contemp suicide. Nine Behavioral Center-Taylorsvi lated Health percent attempte hope and promise lle Campus and 37 percent ny on Aug. d suicide, in a ceremofelt 22. The 90,000-s ter is an importan of the future. This Intermountain sad or hopeless. facility was quare-foot t part of providin cenmade possible Primary ically needed Hospital has lion investm Children’s g critby a $25 milbehavioral increased ent from the to Utah’s children health services al health program its behavio and philanth state of Utah and families ropic s by 78 percent rThe new state-ofhas served .” Promise, Intermo donations to Primary 40 and the art, family-c tered facility untain Health’s past five years.percent more kids in paign to build enthe camthe nation’s where parents features patient rooms Primary ChildrenIn 2024, Intermountain system for model health can stay overnigh children. ’s Hospita their child, al health l behaviort with spacious waiting Built on the program s helped former Wasatch a cafe, and 10,000 kids. rooms with campus in a new Crisis Canyons They’re expectemore than Taylorsville, that is always Walk-In Center even more opened to kids the new center d to help open. The this year. and cludes free center “Each child also Intermountain families Sept. 6. services such inin our commun assessment, as the statewid Health said portant part ity is an imthat Utah, referral, in a release of like many line that connects consultation servicee said Rob Allen,Intermountain’s mission, states in the is experien nation, families ” cing president and es, and the Intermountain crisis. In 2023, a pediatric mental health Stabilization with resourcCEO of Health, in sponse program and Mobile 23 percent ery child deserves a release. “Evof Utah high Rethe chance als to the home , which sends professi and live their to onthrive of a child or healthiest life. teen. They are the
Bill Gates-ba cked for site for Nanuclear energy firm loo king trium reacto r in Utah see HEALT
H page 2
John Roger s Salt Lake Business
Journal
TerraPower, in Bellevue a nuclear energy developm , Washington, ent company Gates, is looking and backed based by for a spot to plant in Utah. put a nuclear billionaire Bill power generatin In late August, g the company derstanding signed a memora (MOU) with ndum of unopment (OED) the Utah and land develope Office of Energy the project. Develr Flagship Cos. to pursue According to the MOU, search for a the three compani potential site es will together energy storage suitable for the plant. The nary list by goal is to come nuclear reactor and the end of the up with a prelimiyear. TerraPower This concept seeks to build drawing of one of its Natrium reactor power TerraPower’s reactors in generating Wyoming the Kemmerer, is likely what station, currently under Natrium nuclear when built. the construction Utah’s Office company’s project see NATRI near in Utah will memorandum of UM page look like of understa Energy Development 3 for nding is signator the reactor. y to a (Photo courtesy that launched the search for TerraPower) a site
CAREERS STRATEGIC SOURCING MANAGER Strategic Sourcing Manager sought by NRG Energy, Inc. in Lehi, UT to develop & manage relationships w/ suppliers across high-impact, strategic sourcing categories to ensure long-term value & innovation. Position requires up to 20% domestic & international travel (incl. to China & Taiwan). Telecommuting may be permitted up to 1 day/week. When not telecommuting, must report to 3401 N Ashton Blvd., Lehi, UT 84043. Salary: $63,877 - $120,000/year. Email resume to: recruiting@vivint.com. Must specify Ad Code TLAS in subject line.
16 | April 20, 2026
SALT LAKE BUSINESS JOURNAL
DEADLINE EXTENDED TO MAY 22