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August 24, 2026 | Volume 4, Issue 32
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INSIDE DRAPER Rincon adding new positions Page 2 MOUNT PLEASANT Residential revival program begins Page 4 VERNAL ‘Skinwalker Ranch’ series continuing Page 8 EARNINGS REPORT Pages 10-11 INDUSTRY BRIEFS Pages 12-13 PEOPLE ON THE MOVE Page 13 BUSINESS CALENDAR Page 14
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Beef steaks, packaged and ready for grocers’ meat cases, move down a conveyor at the Tyson Foods plant in Eagle Mountain. Tyson has announced that the plant will close in a move to cut company losses. (Photo from Food Engineering)
U.S. beef shortage hits home: Tyson to shutter Eagle Mountain plant, idling 725 workers
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John Rogers Salt Lake Business Journal Tyson Foods opened its beef processing and packaging plant in Eagle Mountain to great fanfare in late 2021. Now the facility is closing. Springdale, Arkansas-based Tyson Foods has announced the shuttering of three beef facilities, including the 600,000-square-foot Utah plant, as the meat giant struggles with a corporate restructuring that it hopes will overcome recent heavy losses. At least 2,500 workers will lose their jobs in the move. “Tyson Foods is making strategic changes to its beef operations to position the company for long-term success,” the company said in a statement issued Aug. 13. “Tyson Foods will anchor its beef business around three strategically located beef facilities in the central United States: Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas, to create a more competitive footprint amidst one
of the most historic cattle shortages the country has ever experienced.” In its third fiscal quarter, reported earlier this month, Tyson’s beef segment revenue declined 3.9 percent with a 16 percent drop in volume. The company’s beef business losses totaled $138 million in the quarter, up substantially from the $116 million it lost the previous year. The company said it expects beef segment losses to range between $500 million and $650 million for the full fiscal year. Tyson blames the losses largely on a declining U.S. cattle herd and higher consumer prices. The company said it will end operations at its Joslin, Illinois, beef facility in addition to the Eagle Mountain case-ready facility. Capacity from these locations will be moved to “more strategically located” facilities with ample capacity to grow. Additionally, Tyson is trying to sell its Pasco, Washington, beef facility. With these changes, the company will ramp back up a second shift it eliminated earli-
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er this year at its Amarillo facility, as cattle become available. The newly announced beef plant closures aren’t the first for Tyson. The company announced last November the closure of its beef plant in Lexington, Nebraska, eliminating 3,200 jobs. Tyson was by far the largest employer in the town with a population of around 11,500. “Collectively, these changes will allow the company to maintain a similar level of cattle harvesting across a more efficient and modern network,” the Tyson statement concluded. U.S. cattle herds are at lows not seen in decades, according to the U.S. Department of Agriculture, with many ranchers hesitant to rebuild after years of climate challenges and tough economics. The resurgence of a flesh-eating pest called the New World screwworm has also further threatened supply and made it more difficult for the U.S. to import beef from Mexico, the USDA said. Consumers seem to be shifting away from beef on their tables as prices continue to soar. The average retail beef price reached an all-time high of $9.64 per pound in April, according to industry website FoodDive. Tyson specifically declined to give a closing date or the number of current employees at the plant. Enquiries to both corporate see TYSON page 2
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headquarters and the Utah plant went unanswered. However, recent reports place the number of current employees at the plant in the neighborhood of 725. Area organizations, including the Valley Crossroads Chamber of Commerce and the Utah Department of Workforce Services, are working to mitigate the impact of the layoffs. Officials have also estimated a two-month winddown to full closure of the facility. Tyson announced the plans for the $300 million Eagle Mountain case-ready cutting and packaging operation in late 2019. The plant takes large cuts of beef and pork shipped in from other Tyson operations and converts them into steaks, chops, roasts and ground meat to be packaged, weighed and labeled on retail trays that are shipped and sold in grocery stores. At the time the plant opened in 2021, the company said it would begin operation with about 800 employees with a projected annual payroll of $44 million. It said the operation had the capacity to grow to 1,200 employees. The meat producer received state tax incentives from the Governor’s Office of Economic Development for the project, based on an estimated $27 million in new state tax revenue over the first 10 years of its operation. Analysts with Little Rock-based Stephens Inc. estimated annual savings from the actions announced by Tyson to be between $100 million and $150 million, according to a report on the Talk Business & Politics website.
SALT LAKE BUSINESS JOURNAL
What’s next for Eagle Mountain with Tyson’s exit Tom Haraldsen Salt Lake Business Journal So now that Tyson Foods has announced its closure of its Eagle Mountain plant, what happens next for the 700-plus employees who will lose their jobs on or before Oct. 13? Leaders in the community, spearheaded by the Valley Crossroads Chamber of Commerce, already have plans in motion. “When a company as big as Tyson decides to close its doors, it’s going to be profoundly felt throughout our community,” said Melissa Clark, CEO of the chamber and a member of the Eagle Mountain City Council. “There are hundreds of our residents who are employed at Tyson, but our community has worked hard to be prepared for emergencies — whether it’s an earthquake or a wildfire, or something like this.” Clark said the Utah Department of Workforce Services has a representative come out to the chamber once a week, providing on-site job coaching and offering help for job-seekers. “We have classes that are available within our community, we have digital
classes that are available at the chamber in our computer lab, and we have so many wonderful residents that are already stepping forward to share job opportunities. The businesses of the Valley Crossroads Chamber of Commerce are eager to provide positions and assistance for a lot of these displaced workers.” She said Abby Ivory, the economic development director for the city, is coordinating with DWS and Governor’s Office of Economic Development on job leads, and she’s even invited site selectors out to see the building “so we can get another business in there as soon as possible.” “The chamber stands with the city and our residents and businesses,” she said, “to provide every necessary resource to get people working again. We take care of our own here and we want to make sure everyone knows we’re not going to stop looking for resources until we get everyone’s problems solved when it comes to jobs.” Clark also addressed the issue and misconception about the tax incentives which Tyson was offered when it announced several years ago its plans to build the Eagle Mountain plant. She said
Tyson, like any other development that gets these incentives from the government, wasn’t handed a stack of cash upfront. “What happens is a business comes in and makes a major contribution to infrastructure, such as highways or additional power structures, and then every year, they can be reimbursed for some of the property taxes they’ve paid,” she said. “This is all based on past performance — they aren’t offered incentives on projected revenues, and Tyson will still be responsible for paying property taxes on that building until they sell or lease the space to someone else.” Clark said these types of incentives have been lucrative for cities like Eagle Mountain. She points to Meta’s data center that launched in 2018. That company put in over $150 million in power infrastructure, running lines from Spanish Fork Canyon to its Eagle Mountain site, and adding a high-voltage substation that has provided power for businesses in the City Center, including a grocery store and eye clinic. “All that’s down there is because of the investment from a business like Meta,” she said.
Engineering, tech jobs coming to Draper as Rincon expands Brice Wallace Salt Lake Business Journal An Arizona company that specializes in digital signal processing products and software-defined radio solutions will add 125 jobs over the next few years in Draper. The location for Rincon Research Corp.’s expansion to a 37,000-squarefoot office will house primarily engineering and technical positions. The expansion announcement came after the company was awarded a tax credit incentive for up to $5.6 million over 20 years by the Governor’s Office of Economic Development board at the board’s most recent meeting. The Draper facility, expected to be in operation in the first half of 2028, represents a capital investment by the company of nearly $144.8 million. Diana LaFoley, Rincon president and CEO, told the GOED board that the company selected Utah because of a “great”
talent pool at the state’s universities and its already experienced engineers, Utah’s quality of life, its people’s commitment to family and its business-friendly environment. The company already has employees from Utah universities and will enjoy year-round access to recruitment from those institutions, she said. Founded in Tucson, Arizona, in 1983, Rincon is an employee-owned engineering and defense firm that delivers advanced research and technology solutions for the U.S. defense, intelligence and space programs. The company specializes in rapidly developing, designing and fielding digital signal processing products and software-defined radio solutions from concept to operation. LaFoley said the company has done work with several large contractors and the Space Dynamics Laboratory in Logan. Rincon was among the companies that tracked the movement of the Artemis II spacecraft as it traveled around the moon in April.
“We like to solve very hard engineering problems, cutting-edge engineering problems, not so much make a thousand missiles or many satellites,” LaFoley told the board. “It’s trying to find the solution and the algorithm to these hard problems and then move on to the next one.” The company has about 400 employees and has had “slow and steady growth” over the years, she said. It has five locations, some that are aging: Tucson; Centennial and Colorado Springs, Colorado; Chantilly, Virginia; and Palm Bay, Florida. The Draper location will be at an office park owned and managed by the Woodbury Corp. One or two dozen employees will come from existing Rincon sites but the rest will be local hires for digital signal processing, electrical engineering, software engineering, cybersecurity and AI. The project is expected to produce total new wages of $612.6 million over 20 years, with the new jobs paying an average of $287,608. New state tax revenue during that time is estimated at $20.9 million.
“What a great company you have built,” Carine Clark, GOED board chairman, told the company officials at the meeting. “[We’re] excited to see all the good things that you’re doing here. I work with most of the universities and am super-excited for another opportunity for bright people to have really interesting, rewarding jobs.” “We strongly believe the aerospace and defense industry will continue to keep Utah’s economic outlook strong for generations,” Jefferson Moss, GOED commissioner, said in a news release about the project. “Utah has an impressive talent pool to draw on in this sector. We’re proud to help align our state’s resources to support Rincon’s growing innovative needs.” 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.
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SALT LAKE BUSINESS JOURNAL
Salt Lake Business Journal announces 2026 Companies Championing Women honorees The Salt Lake Business Journal will honor six Utah leaders at this year’s Companies Championing Women recognition luncheon, celebrating individuals whose work has helped advance women in the workplace, in business and across the state. The luncheon takes place Aug. 27 at the Grand America in Salt Lake City, with registration beginning at 11 a.m. and the program running from 12:1012:50 p.m. Tickets are available now through the event registration page. Companies Championing Women is a research-based recognition and engagement program created through a partnership between the Utah Women & Leadership Project, Sego Leadership (formerly the Women’s Leadership Institute), PowerHouse Events and the Salt Lake Business Journal. The program identifies Utah organizations making measurable progress in developing, retaining and ad-
Sharlene Wells
vancing women in the workplace, combining data-driven benchmarking with year-round leadership development. Utah has ranked among the nation’s leaders in economic growth while ranking last in the nation for women’s equality for more than a decade — a gap the program’s partners say is a business imperative to close. This Year’s Honorees Sharlene Wells, chief public affairs officer for Mountain America Credit Union, has spent decades in broadcasting, public relations and advocacy — from her years as an ESPN sportscaster to her work supporting military families through the Department of Defense and the Miss America Organization. Ally Isom, chief corporate affairs officer for Clyde Cos., brings deep experience at the intersection of brand, policy and public engagement, shaped by her service as deputy chief of staff to former
Ally Isom
Patricia Jones
Utah Gov. Gary Herbert and her broad civic leadership across the state. Patricia Jones founded and led the Women’s Leadership Institute for over a decade before retiring in 2025. A former state senator and longtime market researcher, she became the first woman to lead either party in either chamber of the Utah Legislature. Salt Lake County Sheriff Rosie Rivera made history in 2017 as the first woman elected sheriff in Utah. She oversees the state’s largest jail and has championed alternatives to incarceration alongside a lifelong commitment to supporting domestic violence victims. Jeff Weber, chief people officer for Breeze Airways, has built people-first cultures across multiple industries and has long championed women’s advancement in the workplace through his board service with the Women’s Leadership Institute. Jonathan O. Hafen, a shareholder at
Sheriff Rosie Rivera
Jeff Weber
Parr Brown Gee & Loveless, is one of Utah’s most respected trial lawyers and a dedicated mentor to women in the legal profession, recognized with the Utah State Bar’s inaugural Charlotte Miller Mentoring Award. About the Program Organizations interested in the Companies Championing Women program can complete a free assessment developed with the Utah Women & Leadership Project, evaluating leadership representation, recruitment practices, professional development and workplace culture. Participating organizations gain access to Sego Leadership events, benchmarking insights and recognition opportunities throughout the year. For more information or to purchase tickets to the Aug. 27 luncheon, visit saltlakebusinessjournal.com/events/companies-championing-women.
Jonathan O. Hafen
Another top ranking for Utah, this time for independence Utah ranks as the nation’s second-most-independent state in a new from personal finance website WalletHub. The ratings are based on an analysis that included financial stability, government reliance, employment, international trade dependence and personal habits. Neighboring Idaho claimed the top spot overall, while Hawaii, Colorado and South Dakota rounded out the top five. Utah was second by a whisker, with a score of 62.62 to Idaho’s 62.75. WalletHub found Utah excelled in several key measures of independence. The state ranked first for the lowest percentage of adult smokers and second for the fewest households receiving public
assistance. Utah also ranked sixth for its low long-term unemployment rate. According to the WalletHub data, Utah had the nation’s highest median household income when adjusted for cost of living, at more than $91,600. The Beehive State’s poverty rate was also second-lowest in the nation. Only 1.7 percent of Utah residents received public assistance income, while 5.2 percent participated in the Supplemental Nutrition Assistance Program. The state was also among the states least dependent on federal funding. Utah didn’t excel in all of WalletHub’s measurements. The state ranked 30th for the share of federal, state and local government employees and 22nd for
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the share of jobs supported by exported goods. Idaho earned the top overall ranking largely because its economy relies relatively little on exports to foreign countries while maintaining strong financial indicators. The report highlighted Idaho’s low poverty rate, strong participation in employer-sponsored retirement plans and comparatively low percentage of millennials living with their parents. “As we celebrate America’s Independence Day, it’s also worth taking time to recognize the individual states that have the most independent qualities as well,” WalletHub Editor Chip Lupo said at the time the report was released. “Idaho is the most independent in 2026, accord-
ing to our analysis, and residents display their independence in a variety of ways, from not being heavily reliant on revenue generated through exports to other countries to not being addicted to smoking, gambling or drugs.” WalletHub’s study weighed 39 metrics across five categories, including credit scores; emergency savings; retirement participation; unemployment; reliance on federal funding; international trade; and indicators related to smoking, drug use, gambling and binge drinking. The bottom five in the independence study included South Carolina, Alaska, Mississippi and Louisiana, with Kentucky finishing dead last.
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Details emerging for downtown facility that will replace Intermountain’s LDS Hospital John Rogers Salt Lake Business Journal The project can best be characterized as a matter of fits and starts, but a clearer picture of just what Intermountain Health’s new hospital in downtown Salt Lake City will look like is beginning to emerge. Almost five years after it bought the site of the old Sears store at State Street and 800 South, and almost two years after Salt Lake City agreed to rezone the property to allow for a hospital, Intermountain has released enough details — in the form of more complete renderings — to give a good idea of what to expect on the long-vacant site. Intermountain Health acquired the property in 2021 from private developer Colmena Group when plans for a mixed-use and housing district fell apart due to the loss of financing during the COVID-19 pandemic. The site has developed into somewhat of an eyesore in the city. Stormwater has filled the hole where the Sears store basement was excavated, forming a pond jokingly dubbed the Great Sears Lake. In its new filing with the city for a conditional use permit, Intermountain also
Renderings recently released by Intermountain Health give a good idea of what to expect when construction of the healthcare company’s new “urban hospital” gets underway in Salt Lake City. Looking northeast from the corner of Main and 800 South streets, this view shows the two main hospital buildings. (Rendering by HDR Architecture) seemed to confirm that it will close the old LDS Hospital at 8th Avenue and C Street when the new hospital is complete. In the filing, the new facility is referred to as “LDS Hospital replacement site.” There has been no indication from Intermountain when that might be — or even when ground might be broken, although the filing seeks permission to build the hospital, complete with ambulances and life flight helicopters. Intermountain also indicated in a statement accompanying the release of the
renderings that it recognizes the facility will dominate the neighborhood, but expects the area, just south of downtown Salt Lake City, to grow to match the hospital’s magnitude. “While the size and intensity of this project are much larger compared to existing uses in the surrounding area, the intent is that this ‘anchor’ project will be the catalyst for redevelopment of surrounding neighborhood with higher density and intensity than currently exists but consistent with the D-2 zone predominant in the
surrounding neighborhood which requires lower density and intensity than the hospital campus,” Intermountain wrote in the published documents. In summer 2024, Intermountain released rudimentary drawings of the hospital campus. The new renderings, produced by HDR Architecture of Cottonwood Heights, add much more detail. In the submitted plans, the main hospital tower, at 10 stories and 209 feet, will face south on 800 South between Main and State streets, while a second adjacent seven-story building will face Main Street and be connected to a parking structure across Main Street to the west by an aerial walkway. The two medical structures will total more than 520,000 square feet. A second parking garage will be accessed off 700 South on the north side of the property. The plan calls for a total of more than 1,200 parking spaces on the campus. In addition to other auxiliary structures, the campus will include open spaces and a public plaza, plus walkways, a food market or coffee shop and other street-level facilities. Murals and other art displays are also depicted in the renderings. Intermountain officials have told media representatives to expect more details by year’s end.
Final round of residential revival program is underway
Utah Main Street has opened applications for the fourth and final round of its Rural Revive & Reside grant program, offering up to $50,000 per project from a total $90,000 pool. Designed to boost economic growth and housing in rural Tier 2 Main Street communities, the grant funds the rehabilitation of historic ground-floor commercial spaces and upper-floor residential units. Online applications are open through 5 p.m. Sept. 18. The Revive & Reside grant is already funding 10 projects in Brigham City, Heber City, Mount Pleasant and Tooele. “It’s amazing to see the transformation of these buildings and businesses,” said Jansen Bennett, preservation architect at the Utah State Historic Preservation Office, in a release. “The physical changes are remarkable, but they pale in comparison to the impact these projects have within their communities. Each project is an example of a property owner using the grant to enhance their business, improve their community, and revitalize their Main Street.” Recently completed projects are a testament to the program’s success: Go Insurance, Mount Pleasant In 2025, Daniel Christensen purchased a vacant late-Victorian grocery store on historic Main Street, transforming the hollow shell into a fully occupied commercial and residential space with support from
Utah Main Street’s Revive & Reside grant. Completed in August 2025, the renovated building now houses an insurance office, a medical clinic and a second-floor apartment. Union Block, Brigham City Built in 1892, the historic building at 57 S. Main St. has been transformed from a former saloon, grocery and JCPenney into a vibrant mixed-use property. Owner David Walker leveraged Main Street grant funds, personal investment and Historic Tax Credits to create ground-floor retail and upper-story apartments while completing extensive structural and mechanical upgrades. Walker hopes the project “establishes a model that encourages similar adaptive reuse projects, ultimately strengthening the economic vitality and cultural vibrancy of our Main Street district.” Utah Main Street’s Rural Revive & Reside grant program is a subgrant of the Paul Bruhn Revitalization Grant administered by the National Park Service, Department of the Interior. The Paul Bruhn Historic Revitalization Grant is designed to preserve historic buildings and promote economic growth in rural communities. The grants are paid for by the Historic Preservation Fund, which uses revenue from federal offshore oil and gas leases to support a range of preservation projects without spending tax dollars.
The Go Insurance office in Mount Pleasant was recently completed as part of the Utah Main Street Rural Revive & Reside program. (Courtesy Utah State Historic Preservation Office)
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SALT LAKE BUSINESS JOURNAL
Women’s Leadership Institute relaunches as Sego Leadership
After building a pipeline of women leaders across Utah, the Women’s Leadership Institute has officially relaunched as Sego Leadership. The organization announced the new name Aug. 13 at a press conference and cohort graduation ceremony, marking both a milestone for its current participants and the start of a new public chapter. The organization was founded 11 years ago by former Zions Bank CEO Scott Anderson and Patricia Jones, and has since graduated more than 1,400 women from its programs. Jonathan Hafen, co-chair of the Sego Leadership board, said the organization’s mission isn’t changing — only its name. A board-commissioned brand audit found that “Women’s Leadership Institute” undersold what the organization offers and created confusion with other groups. “While our name may be changing, our mission is not — not one word,” Hafen said. “Utah thrives when women lead.” CEO Melanie Jones introduced the new name by pointing to Utah’s state flower, the sego lily — a plant that thrives in the state’s harshest desert terrain. Its bulb sustained early settlers through their first winters in Utah, after Indigenous communities already living on the land taught them how to find it. In 1892, Utah women chose the sego lily by popular vote as the flower to represent the territory. “The women we serve spend their careers navigating rules they didn’t write, in environments built to someone else’s design,” Jones said. “What we do, really, is the oldest thing in this valley: We hand
Jonathan Hafen, Sego Leadership board co-chair; Melanie Jones, Sego Leadership CEO; Nate Callister, Zions Bank CEO; and Jessica Collings, senior brand director at Boncom, address media and guests during the Sego Leadership rebrand announcement and press conference Aug. 13. (Rebecca Olds/Salt Lake Business Journal) knowledge along, from the women who found a way through to the women right behind them, still looking for the path. That’s why we’re Sego.” Jones noted the pronunciation follows the Shoshone word for “edible bulb,” honoring the Indigenous communities who first shared that knowledge with settlers. Jessica Collings, senior brand director at Boncom, the agency that led the rebrand, said research found that people outside the organization were often confused about what it actually did, despite glowing reviews from program alumni.
The new brand — including a deep plum and Sego gold color palette signaling authority and warmth — was built around a single positioning line: “Utah thrives when women lead.” Sego Leadership also works directly with employers through Sego Certified — a rebrand of the former ElevateHer Challenge — helping companies build internal pathways for women’s advancement and measure progress over time. “What Sego Certified adds is a real pathway for employers to move those women into the rooms where decisions get made, and measurable progress,” Hafen said.
A representative from Zions Bank, a founding partner, said the sign of a great leader is someone who builds an organization that outlasts themselves — a parallel she drew between Sego’s leadership transition and the bank’s own. Sego Leadership’s new website and social media accounts launched the same day as the announcement. A ribbon-cutting ceremony for the organization’s new office at the Mountain America Business Center is planned for Sept. 1, and the organization will launch its first live cohort in Washington County in 2027. To date, Sego Leadership has served more than 1,400 women across 100-plus companies in 11 Utah counties. Learn more at segoleadership.org.
Nuclea Energy signs MOU with state agencies
Nuclea Energy USA Inc., a wholly owned subsidiary of Nuclea Energy Inc., an advanced nuclear technology developer, has signed a memorandum of understanding (MOU) with the Utah Office of Energy Development to explore the siting of a nuclear test reactor at the Utah San Rafael Energy Lab to advance the deployment of Nuclea’s Morpheus Micro Reactor. The MOU marks an important step in advancing research, development and commercial deployment of Nuclea’s micro modular reactor. The partnership established in the MOU will allow Nuclea
and OED to explore siting a nuclear test reactor at USREL, support engagement with both the Department of Energy and Nuclear Regulatory Commission and evaluate pathways for future deployment of Nuclea’s technology in Utah. Through the partnership, the parties aim to strengthen Utah’s role as a hub for advanced nuclear innovation, testing and demonstration. Nuclea Energy Inc. is a Canadian advanced nuclear technology developer focused on the design and advancement of its flagship Morpheus Micro Reactor.
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in a company release. “Utah is leading the nation in energy innovation, and our partnership with Nuclea Energy is another step towards an abundant energy future that is reliable, secure and clean,” said Emy Lesofski, director, energy advisor to the governor and director of the Utah Office of Energy Development, in a release. The agreement reflects Nuclea’s continued progress in building the partnerships needed to advance research, testing and demonstration activities for the Morpheus Micro Reactor.
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With operations in Vancouver and Toronto, Nuclea is developing a compact, lead-cooled reactor optimized for remote, off-grid, mission-critical and defense applications, including northern and Arctic environments. “We are excited to be contributing to and benefitting from the nuclear innovation hub that Utah has fostered at USREL. We are confident that this partnership will help to prove the inherent advantages of our technology and accelerate our deployment schedule” said Josef Freundorfer, CEO of Nuclea Energy,
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Fort Douglas is no more: Its final 50 acres become part of UofU campus John Rogers Salt Lake Business Journal For decades, the University of Utah has been nibbling away at the neighboring property occupied by the U.S. Army Reserve, adding it piece by piece to its campus. In a ceremony earlier this month, the school took the final bite as the remaining 50 acres of the now-former Fort Douglas were handed over to university. The move was made possible when the university — with state funds — completed a new $127 million, 227,000-squarefoot headquarters for the Army Reserve at Camp Williams, 30 miles away in the south end of Salt Lake County. The facility will house military units and personnel, relocated from the Fort Douglas property adjacent to the campus. The closure of the fort and final transfer of land to the university closes a chapter of history unique in the United States. Originally built on two square miles of Wasatch Mountain foothills, the fort allowed the federal government to keep an eye on Mormon pioneer settlers’ activities in downtown Salt Lake City. For more than 120 years, the University of Utah’s future has been tied to the federal land around it — especially Fort Douglas. The school’s campus has historically grown by absorbing land owned or controlled by the U.S. Forest Service, Bureau of Land Management and U.S. Army. The final tract — bounded by Mario Capecchi Drive to the west and Foothill Drive to the south — was ceremonially deeded to the UofU on Aug. 8. “The story of Fort Douglas has always been a story of service. For more than 160 years, generations of soldiers prepared here to defend our nation. Today, that legacy continues through an extraordinary partnership that strengthens both the U.S. Army Reserve and the University of Utah,” said Taylor Randall, president of the University of Utah. “We are profoundly grateful to the Army Reserve, the Utah National
Although it sits on property now owned by the University of Utah, the Fort Douglas Military Museum on Potter Street will continue to be operated by the U.S. Army Reserve. The property is part of 50 acres of Army property transferred to UofU ownership in early August. (Courtesy University Utah Media Relations) Guard, our elected leaders and the many partners whose vision and trust made this day possible.” The complex transfer required action from both the Utah Legislature and the Utah governor’s office, as well as Congress. “This collaborative effort is one of the most significant modernization efforts in our region’s military history,” said Gov. Spencer Cox. “This move to a high-tech new facility will strengthen soldier readiness, expand training capability and enhance long-term support for operational missions across the western United States. And it will continue a strategic partnership between federal, state, tribal and academic institutions committed to supporting America’s soldiers.” The new U.S. Army Reserve Center at Camp Williams opened in June, marking the transition of Army Reserve units and personnel previously stationed at Fort Douglas to their new location. The move was completed on June 19. The Army
Reserve will continue to operate the Fort Douglas Military Museum, and the federal government will manage the fort’s military cemetery on Chipeta Way. Founded in 1862 by a United States trying to defend the western frontier and monitor the Mormons (members of The Church of Jesus Christ of Latter-day Saints), the fort at one time stretched over 10,500 acres along the eastern bench of Salt Lake City — from 900 South to 6th Avenue, and from 1300 East to the mouth of Emigration Canyon. Much of the fort’s acreage became east bench neighborhoods and recreation spaces. Prior to the most recent transfer, a total of 1,534 acres had been transferred to the university over the past 126 years, including land now used for Utah Athletics facilities, the Natural History Museum of Utah (1968), Red Butte Garden (1968), Research Park (1968), university teaching and research buildings (1898), University Health hospitals and clinics (1962), student housing along
historic Fort Douglas Circle (1991) and 469 acres in a heritage preserve. “As we accept stewardship of this historic place, we do so with a commitment to honor its past while creating new opportunities for future generations through education, discovery, healthcare and innovation,” Randall said. The Stephen A. Douglas Army Reserve Center at Fort Douglas had been constrained by outdated infrastructure and buildings. Some still in operation in 2026 were more than 100 years old. The new Camp Williams site offers modern facilities and better access for reservists, supporting future expansion and enhancing operational synergy with the Utah Army National Guard. The center, which includes administrative offices, storage and a separate vehicle maintenance shop, replaces the operations of nearly a dozen buildings at the fort. “The Army Reserve is very proud of our heritage and ties to Fort Douglas and the greater Salt Lake City area,” said Maj. Gen. Kevin Meisler, commander of the U.S. Army Reserve’s 88th Readiness Division. “The relationships we build with our community partners like the University of Utah, the Utah National Guard and the state of Utah have been instrumental in setting the stage for this historic land agreement. This project ensures that our Army Reserve soldiers will continue to be the best-trained army in the world, defending our freedom for many years to come.” Following the relocation of Army Reserve personnel, Fort Douglas property will be transferred to the university for future campus development. The entirety of Fort Douglas is on the National Register of Historic Places and the state historic register. Federal preservation laws will guide the renovation process. Because the University of Utah is a public university, the Utah Office of Historic Preservation has oversight and will provide guidance for developing fort property and buildings. Portions of this story were furnished by University of Utah Media Relations.
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August 24, 2026 | 7
SALT LAKE BUSINESS JOURNAL
New aviation device geared for emergency providers stops in West Jordan Tom Haraldsen Salt Lake Business Journal When the victim of an accident begins to suffer loss of oxygen to their brain, time is critical to their survival. If oxygen can be restored within four to six minutes, a full recovery is possible. After seven to 10 minutes, some brain damage is likely, but after 11 to 15 minutes, a coma is inevitable and brain damage certain. For the 46 million Americans who live in rural areas, the average response time for emergency personnel is over 14 minutes. Few are able to live after that delay. That was one motivation for Carl Dietrich, founder of Jump Aero, which has produced a personal aviation device that could make the difference between life and death for anyone injured in an area not easily accessible by emergency providers. He brought his all-electric device to the South Valley Airport in West Jordan while towing it back to its home, in Petaluma, California. The former MIT student has developed Pulse, Jump Aero’s highspeed vertical takeoff and landing aircraft designed specifically for emergency response. The 3,100-pound aircraft can carry one person, like an EMT or other medical professional, to the site of an accident within a 30-mile radius in just minutes. “The landing spot can be programmed
A personal aviation device called Pulse, geared to help emergency providers, was on display at South Valley Airport in West Jordan in late July. (Tom Haraldsen/Salt Lake Business Journal) into Pulse and the pilot can precisely reach that spot much quicker than even a medical helicopter,” he said. “Based on wind data, we have computer algorithms that tell the pilot where to land and the easiest way to get there. This can all be accomplished in the blink of an eye and the avionics are very robust, but also simple. That gets an emergency service provider to the scene of the accident and then he or she can administer aid.” Called eVTOL technology for the vertical takoffs and landings, the Pulse prototype has already garnered much interest
from communities, police and fire departments, and of course hospitals and medical clinics. During the demo at the South Valley Airport, a helicopter began warming up, taking several minutes before it was ready for liftoff. “We could have been in the air and halfway to the emergency at the top of a mountain before the chopper can even leave the airport,” Dietrich said. “This is obviously valuable time when someone has suffered an injury that is limiting oxygen to their brain.”
The Pulse does have some limitations. Extreme wind conditions over 40 mph or fog can have an effect, but it’s still less sensitive to gusts of wind than fixed-wing aircrafts. Windows allow the pilot to navigate their descent and landing as well. It allows the medical professional to have “boots on the ground faster than conventional methods,” Dietrich said. The next steps involve future development and money. Entities that want to add Pulse to their emergency response arsenal will have to prepare for a hefty price tag of about $1.8 million to $2 million, which is still cheaper than an entry-level medical helicopter (an average of $2.4 million) or a top-tier medical chopper (about $5 million). “We could be flying as soon as next year,” Dietrich said. “The goal right now is getting the concept out there to make people aware of the potential use of this new technology. There’s a lot of publicity around air taxis or personal use aircraft, and we think this is a fantastic use of this technology.” The state of Utah has a memorandum of understanding with Jump Aero, as do several other entities. Dietrich said he’s also received interest from some private investors, as well as the U.S. Air Force. “Anything that can bring a rapid response is something they are interested in,” he said.
Tourism accessibility being addressed by state, local officials
2026
The Utah Office of Tourism and the Capitol Reef Natural History Association have officially entered into a memorandum of understanding (MOU) to establish a strategic partnership aimed at enhancing the visitor experience at Capitol Reef National Park and promoting it as a top destination for international travelers, with a specific focus on the French market. This joint initiative pairs targeted global marketing efforts with crucial on-theground infrastructure and accessibility improvements. As part of the agreement, UOT will leverage its international marketing resources to launch campaigns in collaboration with prominent French tour agency Comptoir des Voyages. The Comptoir des Voyages foundation, Insolite Batisseur Philippe Romero, will pro-
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vide funding to CRNHA. In turn, CRNHA is committing to several major capital, aesthetic and accessibility upgrades over the next year to ensure the park is more welcoming and safer for all people. Key upgrades include: • Amphitheater Accessibility Improvements: The existing gravel surface of the park’s amphitheater will be replaced with a solid, compacted decomposed granite surface to ensure a highly accessible floor for guests. • Inclusive Seating Adjustments: Existing benches will be modified to create dedicated spaces where wheelchairs and strollers can pull directly into the seating rows. • Enhanced Safety Features: Handrails will be installed on selected
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amphitheater benches to provide mobility assistance to visitors. • Nighttime Pathway Illumination: New pathway lighting will be installed along the route from the amphitheater to the demonstration area to improve visibility and overall nighttime safety. • Environmental Sustainability: A strategic replanting effort for local cottonwood trees will be implemented to secure new growth before older trees are removed. “This collaboration represents an exciting step forward for sustainable and accessible tourism in Utah,” said Rachel Bremer, global markets director at the Utah Office of Tourism, in a release. “By partnering with CRNHA and Comptoir des Voyages, we are not only inviting international vis-
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itors to experience the unparalleled beauty of Capitol Reef National Park, but we are also ensuring that the park’s facilities are updated to accommodate every traveler safely and comfortably.” To honor the support provided by UOT and Comptoir des Voyages, CRNHA will feature prominent donor recognition, including commemorative plaques on amphitheater benches, logo placement on park program posters, and a formal ribbon-cutting ceremony once the projects are completed. The infrastructure enhancements and marketing launches will roll out in phases throughout the year, with major milestones — including the amphitheater resurfacing, pathway lighting installation and tree planting — projected for completion by late this year.
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8 | August 24, 2026
SALT LAKE BUSINESS JOURNAL
‘Skinwalker Ranch’ among productions OK’d for state incentives Brice Wallace Salt Lake Business Journal Utah will be the site of several TV and film productions over the next few months, after they were approved for incentives recently by the Utah Board of Tourism Development. The best-known of the bunch is the eighth season of “The Secret of Skinwalker Ranch,” shot in Vernal. Incentives approved by the tourism board in August totaled $1.95 million, based on three productions’ total in-state spending of an estimated $9.3 million. The August incentives follow those for two smaller productions, approved in July for $50,000, based on instate spending totaling $250,000. “The approval of these three productions is a targeted investment in our state’s film industry,” Virginia Pearce, director of the Utah Film Commission, said in a news release announcing the August incentives. “By leveraging our film incentive program, we are fueling a ripple effect of activity that extends far beyond the screen by creating jobs, supporting small businesses, and diversifying the local economy.” “The Secret of Skinwalker Ranch” was approved for a tax credit incentive of up to $241,197. The show, which airs on the History Channel, is expected to spend $2.4 million in Utah, where 90 percent of filming will take place, with the remaining 10 percent in Alabama. The show is a reality series following a team and skeptics investigating supposed paranormal and UFO-related activities at the 500-acre ranch. Virginia Pearce, director of the Utah Film Commission, told the board that the show has made that part of the state a destination for fans of the supernatural. The production will involve 17 cast and crew and will work through February, including post-production. The show’s incentive of up to $241,197 is below the one approved for the seventh season last year, which was for up to $488,228. Pearce noted that the film commission’s pool of funding from the Legislature for rural film projects had shrunk from $12 million last fiscal year to $3 million this fiscal year, which began in July. Approved for a tax credit incentive of up to $1.66 million is an untitled project from Republic Pictures. It will be shot entirely in Utah, in Iron and Utah counties, and spend an estimated $6.6 million. Written and directed by Utah native Robert Machoian (“Omaha,” “The
The seventh season of “The Secret of Skinwalker Ranch” was shot in Uintah County, and the production’s eighth season recently was approved for a state incentive to shoot in Utah. (Courtesy History Channel) Killing of Two Lovers”) and set in Cedar City, the production will employ 60 cast and crew and 200 extras. Prep work will begin in September, with post-production continuing through March. Pearce told the tourism board that she could provide few details at this point but added that the number of cast and crew likely will increase. “What resonated with me were the people of rural Utah — their preparedness, independence, privacy, devotion to family, and deep belief in taking care of their own,” Machoian said in a news release. “Utah’s landscape is rugged and uniquely beautiful, and I cannot imagine telling this story honestly anywhere else. We’re grateful to the Utah Film Commission for their support and we’re excited to bring this production to the state.” “The Last Treasure Hunt” was approved for a cash incentive of up to $51,783, based on in-state spending of $258,913. Shooting entirely in Utah in Kane and Washington counties, it will employ 32 cast and crew, with post-production work continuing through January. The family feature focuses on a search for lost treasure. The two productions in July were approved for cash incentives under the Community Film Incentive Program, for smaller-budget projects. “We are proud to see these original
local stories brought to life through our Community Film Incentive Program,” Pearce said. “Supporting these community-based films is essential to our mission, as it not only showcases the talent and stunning landscapes of our state but also ensures that the film industry in Utah continues to grow from the ground up.” The documentary “Brother Joseph Again” was approved for an incentive of up to $20,000, based on in-state spending of $100,000. It follows researchers as they investigate the true likeness and appearance of Joseph Smith, the founder of The Church of Jesus Christ of Latter-day Saints. According to website https://brotherjosephagain.com, researchers Patrick A. Bishop and Joseph F. Brickey “combine investigative history, historical biography and modern forensic science to uncover the most accurate representation yet of Smith’s face.” “‘Brother Joseph Again’ is a rigorous search for what Joseph Smith truly looked like,” said director Daylen Pollard. “We chose to film in Utah because of its exceptional experts, creative talent, and deep connection to the history and culture behind this story.” “Just an interesting Utah historical story, so we thought this was a great project, even though it’s smaller,” Pearce told the board.
The production is shooting this summer in and around Utah County. It will employ 11 cast and crew and will work through October, including postproduction. The comedy thriller “Psycho Cabin” was approved for a cash incentive of up to $30,000, based on in-state spending of $150,000. Local filmmaker Rob Diamond is the writer, director and producer. The film is shooting this summer in and around Salt Lake and Sanpete counties, with post-production continuing through December. Shot entirely in Utah, “Psycho Cabin” will employ 31 cast and crew and five extras. The film follows two strangers who stumble upon a dead body in a cabin high in the Utah mountains. Thinking the other is the culprit, they turn on each other while something far more dangerous closes in through the woods. Pearce described it as a comedy-of-errors story. “It’s just very slapstick, and we don’t get a ton of comedies … so it was fun for us to see. … Overall, just a good fit for our Community Program,” she said. “I chose Utah because I love all the beauty that it has to offer and the amazing cast and crew available to me,” Diamond said. “I’ve been making movies in Utah for over 25 years and want to continue to add to this thriving film community.”
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August 24, 2026 | 9
SALT LAKE BUSINESS JOURNAL
WORK Daze DAZE Work Everyone’s maxxing these days; have you noticed? We’re looksmaxxing and sleepmaxxing and gymmaxxing and skinmaxxing and scentmaxxing and, of course, most maxx of all, we’re Bobmaxxing. (To qualify as a Bobmaxxer, you only have to hold your nose and read to the end of this column. Easy-peasy!) Whether all this maxxing has made us better people is a matter that has not received much discussion — until now. In a recent Megan Sauer article from cnbc.com, “From Booksmaxxing to Lookmaxxing: Why the Viral Trends Concern Some Mental Health Experts,” psychotherapist Billie Dunlevy suggests that “doing anything to the ‘maxx’ degree is often a detriment to other areas of your life.” Another psychologist, Jennifer Hartstein, worries that rigidly clinging to a set of goals and expectations can “trigger a whole sense of shame or inadequacy which can lead to depression and anxiety.” Fortunately, there is one kind of maxx that is worth the risk: careermaxxing. Do it right, you could end up salarymaxxed. But tread carefully. Do it wrong and you could find yourself unemploymentmaxxed. With all your co-workers out there maxxing their heads off, you need guid-
Bossmaxxing for beginners
ance. Makes you glad you’re a Bobmaxxer and all you have to do is keep reading. No. 1: Facemaxxing. Sure, any woman can BOB pop in on a Park GOLDMAN Avenue plastic surgeon and order up a $100K facelift. Just be sure to bring your insurance card. If there’s one thing they love at Blue Cross, it’s a good laugh. For men, all you need is a rhinoplasty and a bimaxillary otoplasty and orthognathic jaw surgery and genioplasty and buccal fat removal and, hocus-pocus, you’ll end up looking like Braedon Eric Peters — the face of looksmaxxing — known to his friends as Clavicular. But changing your face won’t change your paycheck. Not one penny. Nothing personal, Clavicular, but instead of trying to make your face into something that fits society’s puerile concept of good looks, I advise making your facemaxxing ideal for someone with the power to boost your career: your boss. No matter how homely, hideous or just plain ugly the face your manager sees in the mirror, that’s the face you want to match, pore by pore, mole by mole,
droopy eyelid by droopy eyelid. To duplicate the face that launched a thousand layoffs, surgery will be required. Your manager’s Cupid bow lips? A few jabs of Botox can make your lips butt-kissing sweet. Lifting your brows, pinning back your ears and moving a soupcon of fat from your ankles to your cheekbones will complete the look. You’ll also want to match your boss’s eye color. Your neighborhood ophthalmologist can provide contacts for every color of the rainbow. (To be honest, that dead look in your boss’s eyes will not be easy to duplicate. You may have to watch all six seasons of “This is Us” to make that happen.) Matching the boss’s hair color shouldn’t take more than a quick trip to Sephora. If your boss is bald, get out the Bic and the Barbasol. Some women may balk at going bald, but let’s face it, what we’re looking for here is commitment. Facemaxxing will be expensive and painful, but the strategy is undeniable — when your boss sees a face that looks just like their own, you’re sure to get the promotion. No. 2: Bodymaxxing. Reconfiguring your face is a good start, but you also should look at bodymaxxing to reflect the shape of your boss. If your boss is heavier than you, it’s easy. The peptides
in Krispy Kremes will transform you into the pudge-ball of their dreams. If your manager is physically fit, you may actually have to start working out or, a better idea, quit. No. 3: Heightmaxxing. If your boss is taller than you, take some time off for cosmetic leg lengthening. Two years should be sufficient. All it takes is a bit of buzz-saw action on your femurs and shins and, like magic, you’re 5 inches taller. The procedure is incredibly painful and the recovery is agony, but your co-workers will respect the new, taller you until they go off and get their own cosmetic leg lengthening and can once again look down on you. At this point, you’ll need to start coming to work on stilts. It will be awkward, but worth it. If your boss is shorter than you, the options are limited. Surgical procedures to make you shorter are not readily available, but spend enough time at your job and you’re sure to be ground down to a nubbin. Bob Goldman was an advertising executive at a Fortune 500 company. He offers a virtual shoulder to cry on at info@ creators.com. Copyright 2026 Creators Syndicate Inc.
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10 | August 24, 2026
SALT LAKE BUSINESS JOURNAL
EARNINGS Roundup ROUNDUP Earnings The following are recent financial reports as posted by selected Utah corporations:
Nu Skin
Nu Skin Enterprises Inc., based in Provo, reported a net loss of $249.8 million, or $5.14 per share, for the second quarter ended June 30. That compares with net income of $21.1 million, or 43 cents per share, for the same quarter a year earlier. Revenue in the most recent quarter totaled $320.1 million, down from $386.1 million in the year-earlier quarter. Nu Skin is a beauty and wellness company. “We continue to make progress toward our long-term strategy with the continued rollout of Prysm iO and preparations for the formal launch of India,” Ryan Napierski, president and CEO, said in announcing the results. “As these initiatives are taking hold, we are incorporating valuable learnings to strengthen our plans moving forward. At the same time, we are re-aligning our organizational resources to better position the business to drive sustainable, long-term value for our shareholders.”
Varex
Varex Imaging Corp., based in Salt Lake City, reported net income of $15.7 million, or 37 cents per share, for the fiscal third quarter ended July 3. That compares with a net loss of $89.1 million, or $2.15 per share, for the same quarter a year earlier. Revenues in the most recent quarter totaled $210.5 million, up from $203 million in the year-earlier quarter. Varex designs and manufactures X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions. It employs approximately 2,500 people in North America, Europe and Asia. Teledyne Technologies Inc. and Varex recently jointly announced that they have entered into a definitive agreement under which Teledyne will acquire all of the outstanding common shares of Varex for $18.90 per share payable in cash. The aggregate value for the transaction is approximately $1.1 billion. “Third-quarter product sales before the IEEPA-related customer reimbursement adjustment were approximately
$217 million, reflecting strong growth in Industrial and continued expansion in cargo and vehicle inspection systems,” Sunny Sanyal, CEO, said in announcing the results. “The quarter also included the recovery of tariffs that had increased our product costs in prior periods. We generated $21 million of operating cash flow and enter the fourth quarter with continued momentum.”
Purple
Purple Innovation Inc., based in Lehi, reported a net loss of $3.2 million, or 74 cents per share, for the second quarter ended June 30. That compares with a loss of $17.3 million, or $4.01 per share, for the same quarter a year earlier. Revenue in the most recent quarter totaled $98.3 million, down from $105.1 million in the year-earlier quarter. Purple produces mattresses, pillows, bedding and cushions. “The second quarter demonstrated continued progress in the areas we can control, even as industry conditions remained challenging and we fell short of our top-line expectations,” Rob
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DeMartini, CEO, said in announcing the results. “Our direct-to-consumer business grew, led by another strong quarter in showrooms, while e-commerce trends improved sequentially for the third consecutive quarter. GAAP net loss and adjusted EBITDA improved compared with last year, including the benefit from tariff refunds. These results reinforce that Purple is operating from a stronger and more disciplined foundation.”
Security National Financial
Security National Financial Corp., based in Salt Lake City, reported after-tax earnings of $9 million for the most recent quarter. That compares with $8.4 million, for the same quarter a year earlier. Revenues in the most recent quarter totaled $83.9 million, down from $89.5 million in the year-earlier quarter. SNFC has three business segments: mortgages, cemeteries and mortuaries, and life insurance. “I am pleased to report that our second-quarter earnings, after tax, increased 7.3 percent over 2025, and that our first-half earnings increased 8.1 percent, after tax, over 2025,” Scott M. Quist, president, said in announcing the results. “This improved profitability for both the quarter and the first half of the year illustrates the very solid operational and sales progress we have made in all of our business segments. It is not lost on me that our top-line revenue decreased 6.3 percent for the quarter and 5 percent for the half. We are working aggressively, and in my view successfully, to address those revenue issues. But our first goal was improved profitability, and we achieved that goal.”
Clene
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Clene Inc., based in Salt Lake City, reported a net loss of $13.4 million, or $1.08 per share, for the second quarter ended June 30. That compares with a loss of $7.4 million, or 78 cents per share, for the same quarter a year earlier. Revenue in the most recent quarter totaled $90,000, up from $27,000 in the year-earlier quarter. Clene is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis, Parkinson’s disease and multiple sclerosis. Its CNM-Au8 is an investigational therapy that improves central nervous system cells’ survival and function via a mechanism that targets mitochondrial function and the NAD pathway while reducing oxidative stress. “Patients with ALS are in desperate need of additional treatment options, and we believe that CNM-Au8 may restore and protect neuronal health and function, leading to improved survival,” Rob Etherington, president and CEO, said in announcing the results.
Co-Diagnostics
Co-Diagnostics Inc., based in Salt Lake City, reported a net loss of $6.3 million, or $1.46 per share, for the second quarter ended June 30. That compares with a loss of $7.7 million, or $7 per share, for the same quarter a year earlier. Revenue in the most recent quarter totaled $166,131, up from $162,910 in the year-earlier quarter.
August 24, 2026 | 11
SALT LAKE BUSINESS JOURNAL
EARNINGS Roundup ROUNDUP Earnings Co-Diagnostics is a molecular diagnostics company offering a unique platform for the development of molecular diagnostic tests. “Our second quarter marked a period of meaningful operational progress for Co-Diagnostics, as years of investment across our platform are illustrated by these tangible milestones,” Dwight Egan, CEO, said in announcing the results. “This progress was reflected across our regulatory, clinical and commercial priorities, including expanding our tuberculosis program in India and strengthening our international manufacturing and commercialization capabilities.”
Sera Prognostics
Sera Prognostics Inc., based in Salt Lake City, reported a net loss of $9.1 million, or 18 cents per share, for the second quarter ended June 30. That compares with a loss of $8 million, or 16 cents per share, for the same quarter a year earlier. Revenue in the most recent quarter totaled $30,000, up from $17,000 in the year-earlier quarter. Sera is focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients. “During the second quarter, we continued to build momentum across the key drivers of long-term adoption, including payer engagement, policy advancement, clinical evidence generation and organizational strength,” Zhenya Lindgardt, president and CEO, said in announcing the results.
Owlet
Owlet, based in Lehi, reported a net loss of $600,000, or 5 cents per share, for the second quarter ended June 30. That compares with a loss of $37.4 million, or $2.35 per share, for the same quarter a year earlier. Revenue in the most recent quarter was a company-record $33.9 million, up from $26.1 million in the year-earlier quarter. Owlet is focused on smart infant monitoring. “Owlet delivered an exceptional second quarter, with record quarterly revenue, gross profit and adjusted EBITDA,” Kurt Workman, president, CEO and co-founder, said in announcing the results. “We are executing across each of our strategic growth areas, and it is showing
up in our results: strong topline growth, standout international momentum, and continued Owlet360 subscription platform growth. We believe our biggest opportunity from here is growing subscribers, and that is exactly where the company is focused.”
Green Dot
Green Dot Corp., based in Provo, reported a net loss of $2 million, or 4 cents per share, for the second quarter ended June 30. That compares with a loss of $47 million, or 85 cents per share, for the same quarter a year earlier. Revenues in the most recent quarter totaled $595.9 million, up from $504.2 million in the year-earlier quarter. Green Dot is a financial technology and bank holding company that delivers banking and payments solutions to consumers and businesses. Last November, it announced that it entered into agreements to be acquired by affiliates of Smith Ventures LLC and CommerceOne Financial Corp. “The business continues to make headway in strengthening the foundation and optimizing our balance sheet, and we are seeing those efforts pay off,” William Jacobs, chairman and CEO, said in announcing the results. “We are pleased to deliver another solid quarter as we prepare for our next chapter with Smith Ventures and CommerceOne.”
Weave
Weave Communications Inc., based in Lehi, reported a net loss of $4.3 million, or 5 cents per share, for the second quarter ended June 30. That compares with a loss of $8.7 million, or 11 cents per share, for the same quarter a year earlier. Revenue in the most recent quarter totaled $67.5 million, up from $58.5 million in the year-earlier quarter. Weave is a vertical SaaS platform that delivers AI-powered patient engagement and payment solutions for healthcare practices. “Weave produced strong results for the second quarter, characterized by consistent growth and improvement in our operating leverage,” Brett White, CEO, said in announcing the results. “Total revenue rose 15.5 percent yearover-year, our payments business accelerated at twice that pace, and we added the most new locations ever in a quarter, while also expanding our operating margin to 4.7 percent.”
Taylorsville High pantry receives D.L. Evans bank donation
D.L. Evans Bank has announced the 2026 Employee Directed Donation Initiative. This donation initiative gives D.L. Evans Bank employees an opportunity to nominate their favorite nonprofit organizations in Idaho and Utah. Each organization will receive a donation from the bank plus a 5 percent bonus that will be added in the name of the employee who submitted the application. The Bank has announced a $3,150 donation to Taylorsville High School Wellness Center and Food Pantry. Sam Taylor, D.L. Evans Bank vice president branch
manager at the Murray branch, nominated the organization to receive a donation as part of this initiative. The Wellness Center supports students by providing essential resources they need to succeed at school. The center offers access to social workers for social and emotional support, along with backpacks, clothing, school supplies, hygiene items and food kits. The donation will help provide these essential items, including meal bags for students during long weekends and holidays, ensuring students have the support and resources they need both in and out of school.
Officials at the Taylorsville High food pantry receive a check for $3,150 from D.L. Evans Bank. (Courtesy D.L. Evans Bank)
Now
OPEN A new feature in the Salt Lake Business Journal is this list of new businesses that have opened or plan to open shortly in our area. Little Caesars has opened its newest location at 5639 W. 7800 S., West Jordan. The new store’s hours are 10 a.m. to 11 p.m. Monday-Thursday, 10 a.m. to midnight Friday and Saturday, and 11 a.m. to 10 p.m. on Sunday. The store plans a grand opening event for later this fall. Pause Studio Highland is preparing for its grand opening in mid-September at 5378 W. 11000 N., Highland. It’s the first of several Pause Studios that owners Ben Shih and Michele Ledoux have planned along the Wasatch Front and Wasatch Back. The studio focuses on wellness, health and recovery services for body and mind, and general well-being.
Mountain America Credit Union has opened a new branch in Sandy and an expanded Rose Park branch. The Sandy location is at 9446 S. Highland Drive, while the remodeled Rose Park branch is at 1715 W. 700 N., Salt Lake City. Both branches had celebrations and complementary food, along with family-friendly activities that included face painting, balloon art and a photo booth. Bank of Utah has opened up its fifth Utah County location at 1279 N. Canyon Creek Parkway, Spanish Fork. It joins locations in Lindon, Orem and Provo. Bank representatives presented Tabitha’s Way a $1,000 check during opening ceremonies to help the nonprofit with its programs for food assistance through three pantries it operates in Spanish Fork, Pleasant Grove and Saratoga Springs.
Want to see your business reported here? Send news or a release to nowopen@slbusinessjournal.com.
12 | August 24, 2026
SALT LAKE BUSINESS JOURNAL
INDUSTRY BRIEFS Industry Briefs Company news information may be sent to brice.w@thecityjournals.com.
ASSOCIATIONS
• ULI (Urban Land Institute) Utah has named Gretchen Milliken as its chair of mission advancement (CMA) and Kathryn Carlisle-Kesling as chair of its programs committee. Milliken has served in numerous leadership roles throughout ULI and currently serves Gretchen as chair of the ULI Milliken Utah Women’s Leadership Initiative Committee. Gretchen is an architect, urban planner and strategist with more than 30 years of experience managing complex projects and advancing development. Her work spans architectural design, urban and regionKathryn Carlisle-Kesling al planning, multimodal transportation, sustainability, climate resilience, resort planning and comprehensive planning. She previously served as planning director for Park City Municipal and spent eight years leading advanced planning and sustainability efforts for Louisville Metro Government. Carlisle-Kesling is a partner at law firm Holland & Hart. She served on the programs committee for the past two years. She has more than two decades of experience helping developers, buyers, sellers, finance partners and title companies navigate complex real estate and development transactions. A nationally recognized authority on Commercial Property Assessed Clean Energy financing, she represents both project sponsors and capital providers. Her experience spans hospitality and resort projects, multifamily and affordable housing, mixed-use developments, master-planned communities, healthcare facilities, industrial and business parks, offices, retail centers, and traditional and renewable energy projects. • Silicon Slopes has introduced two new activities. One is Silicon Slopes Executive Circles, a follow-on of its Founder Circle program, which has held events focused on housing, the Great Salt Lake, the state of private equity, the affordability crisis and more. The new program involves eight new circles: CEOs, COOs, CTO/CIO/CSOs, CMO/GTM leaders, CROs, CXOs, CHRO/CPOs and CLO/ general counsels. Each circle will meet monthly and will program its own track at its Silicon Slopes Executive Forum. Among its duties, the circles will help mentor and produce workshops for Start School companies. Silicon Slopes also has announced the Utahn Dinner Club as a way to have conversations about issues. The club will meet monthly to discuss a topic pulled from either a Utahn story or a pressing issue the state is facing, all in hopes of answering the question: What future do Utahns want? The first set of dinners were scheduled for Salt Lake City, Park City, Lehi and St. George.
CORPORATE
• AlphaGraphics Sandy has rebranded to Nuance Ink. The company said the new name reflects the company’s expanded capabilities, including a greater emphasis on apparel decoration, and a more intentional approach “to creating printed experiences that earn attention and reward another look.” As Nuance Ink, the company will continue offering
print, graphics, signage and related visual communication services while placing additional emphasis on expanded apparel decoration capabilities, including embroidery and other branded apparel applications. Nuance Ink employs 21 people at its Sandy location.
ECONOMIC INDICATORS
• Old Town in Park City is the “Most ‘Utah’ Place to Live,” according to a survey by Justin Havre Real Estate. It asked people to name the residential areas that Utahns believe best capture the character, appearance and way of life of the state. Old Town was followed by No. 2 Sugar House and No. 3 The Avenues, both in Salt Lake City. Details are at https://www.justinhavre.com/blog/iconic-neighbourhoods-survey.html. • Valley of the Gods in Utah is the top place to camp in the U.S., according to The Dyrt, an app to get the best campsites. The annual awards are based on reviews and ratings from The Dyrt’s community of campers. Details are at https:// thedyrt.com/press/2026-best-places-tocamp-top-10-in-the-u-s/.
EDUCATION/TRAINING
• Instructure, a Salt Lake City-based company that makes Canvas LMS, has announced it will build AI-powered tools to expand learning access for underserved communities worldwide, supported by the Amazon Web Services, Inc. (AWS) Education Equity Initiative. The first year focuses on institutions and learners who have historically had the least access to modern learning technology in the United States, Brazil, Mexico and the United Kingdom, expanding to additional regions over time. The work centers on four groups: K-12 districts with workforce programs serving rural and first-generation students; correctional facilities building credential pathways for incarcerated learners; community colleges serving adult and budget-constrained students; and workforce development organizations, including vocational training centers and public-sector programs. In its first year, Instructure aims to reach approximately 900,000 learners, including roughly 280,000 from underserved communities, with a path to approximately 5.4 million learners over four years, roughly 1.8 million of them underserved. The AWS Education Equity Initiative is a $100 million commitment of AWS technology to support organizations that build and scale innovative digital learning solutions with cloud and AI. • Bank of Utah, based in Ogden, recently concluded its 2026 Summer Internship Program, providing seven college students with experience in community banking through hands-on projects, professional development and community service. Throughout the summer, students from Utah State University, Weber State University, Brigham Young University and the University of Utah worked alongside professionals in multiple departments and branches across the Wasatch Front. This year’s internship class included Adam Bendall, Ethan Evans, Ben Lamoreaux, Hope Mickey, Coleman Vickers, Amelia Santelli and Ashton Harrow. As part of the program, the interns completed a community service project benefiting local first responders. They assembled and delivered 60 self-care kits to firefighters at six Salt Lake City fire stations. Each kit included everyday essentials, snacks and handwritten thank-you notes as a small gesture of appreciation for the firefighters’ dedication and service.
HEALTHCARE
• ARUP Laboratories, a Salt Lake City-based national reference laboratory, has added cyclospora test positivity data to its National Infectious Disease Test Positivity Trends Dashboard. The move helps clinicians, laboratories and public health professionals monitor the cyclosporiasis outbreak and other emerging infectious disease trends nationwide. The dashboard expansion comes as public health officials report rising cyclosporiasis activity. As of July 28, the Centers for Disease Control and Prevention (CDC) had received reports of 6,707 laboratory-confirmed cases across 45 states and was aware of more than 11,500 additional cases undergoing investigation and analysis. The National Infectious Disease Test Positivity Trends Dashboard launched in May as the first tool developed by a U.S. reference laboratory to publicly track laboratory test positivity trends for multiple pathogens. • Health Catalyst Inc., a South Jordan-based healthcare intelligence company, has closed the sale of Vitalware LLC, through which the company conducted its Vitalware business, to Med-Metrix LLC, a technology-enabled revenue cycle management company. Vitalware is a suite of mid-revenue solutions that help hospitals and health systems improve coding compliance, chargemaster management, charge capture, and price transparency across the mid-revenue cycle. Having used the net cash proceeds plus cash on hand to fully repay and terminate all of its obligations under its credit facility, Health Catalyst said it plans “to focus its capital and its people on its highest-conviction technology, designed for the pressures defining the health system agenda: managing cost, advancing clinical quality, and earning consumer loyalty, all at once.” The transaction included $147 million in total cash consideration for Health Catalyst, subject to customary adjustments. The company used those proceeds plus cash on hand to fully repay and retire its obligations under its credit facility, which eliminates approximately $19 million in annual interest expense on a GAAP basis, based upon annualizing the first half of 2026. Raymond James served as the exclusive financial advisor, and Latham & Watkins LLP served as outside legal counsel for Health Catalyst. • Molina Healthcare of Utah and CommonSpirit Health recently teamed up to host a Healthy Connections Wellness Fair, providing individuals and families access to health screenings, social services, and resources from 23 community organizations. Through the event, Molina and CommonSpirit Health connected more than 100 Utahns to services directly in their community. Attendees also enjoyed free haircuts from student hairdressers. Hosted at Holy Cross Hospital’s Moreau Auditorium, the event offered attendees a range of resources, including information on health access navigation services, domestic violence support, behavioral health and substance abuse recovery services, and other community programs that all aim to improve health and stability for local families. The event also featured short presentations from local health experts, including one focused on mental health recovery and another on weight loss management. • Pause Studio, a wellness and recovery concept, is expanding to Utah as Heber-based owners Ben Shih and Michele Ledoux open Pause Studio Highland at Highland Mains at 5378 W. 11000 N., Unit 302, Highland, in mid-September. The studio will offer a variety of well-
ness, health, and recovery services. It’s the first of several Pause Studio locations that Shih and Ledoux plan to open across the Wasatch Front and Wasatch Back. Married for 23 years, they have extensive hospitality experience, including Ledoux’s more than 20 years as the owner of a catering business. Pause has studios in more than a dozen states across the U.S., with more to come.
INTERNATIONAL
• World Trade Center Utah is accepting applications until Sept. 20 for companies to participate in a trade mission to Ireland, set for Oct. 20-28. Gov. Spencer Cox will lead the mission, which will feature stops in Dublin, Galway, and Belfast. The participation fee is $4,000. Applications may be completed at https://wtcutah. formstack.com/forms/intlprogramsapp.
INVESTMENTS
• Epitel Inc., a Salt Lake City-based company focused on AI-driven wireless brain health technologies, has closed a $26 million Series B financing co-led by Catalyst Health Ventures and Genoa Ventures, with participation from new and existing investors. The company said the funding will support the continued market expansion of its REMI Remote EEG Monitoring System, allowing extended duration wireless EEG monitoring integrated with AI-driven event detection to improve access to neurological care. The new capital will be used for scaling the sales, marketing and customer experience teams to accelerate adoption and access; streamline distribution and deployment models to help clinical teams integrate REMI smoothly into existing workflows; and grow ambulatory market access. • Savory Fund, a Draper-based private equity firm, has invested in Zao Asian Grill, a Lehi-based fast-casual concept. Financial terms of the investment were not disclosed. It marks the fourth investment in Savory Fund III, joining South Block, Bonrue Bakery and Hawkers Asian Street Food. Zao Asian Grill is a fast-casual concept delivering Asian-inspired cuisine to 23 locations. Founded in 2013, it projects more than 10 new locations through 2027. • Crush Software Solutions LLC, a Salt Lake City-based company offering a software platform built by and for auto recyclers, has announced that several automotive recycling organizations have made strategic investments in the company. The investors include Pull-APart, EZ Pull N Pay and Kenny U-Pull, which operates as part of American Iron & Metal. Collectively, the organizations bring decades of experience in vehicle acquisition, self-service automotive recycling, multi-location operations, metals processing, environmental stewardship and customer service. The investment amounts were not disclosed. Crush said the organizations also will contribute operating knowledge, product insight and real-world feedback as Crush continues building an integrated technology platform for the automotive recycling industry. Crush Software Solutions develops cloud-based technology designed to help automotive recyclers manage vehicle acquisition, yard operations, inventory, customer communications and enterprise performance.
MANUFACTURING
• GE Appliances, based in Kentucky, has announced that it will integrate U.S.-manufactured Texas Instruments microcontrollers, Wi-Fi connectivity
August 24, 2026 | 13
SALT LAKE BUSINESS JOURNAL
INDUSTRY BRIEFS Industry Briefs solutions and analog components into its next generation of connected appliances. TI semiconductors will be used to supply one-third of the chips for products made in GE Appliances’ new laundry plant at its Kentucky headquarters, with production expected to begin in 2027. The investment translates to nearly double GE Appliances’ spending with TI. Texas Instruments’ manufacturing facilities — including sites in Lehi and two in Texas — produce a portfolio of embedded processing and analog semiconductors. GE Appliances said it will leverage TI’s embedded processing and analog semiconductors to enable smarter, more efficient and more connected laundry products.
REAL ESTATE
• Newport National Corp. has completed the acquisition of Hobble Creek Business Park, a 31.6-acre industrial business park in Springville. The property currently consists of approximately 260,000 square feet across three buildings and is already 98 percent leased. As part of the acquisition, Newport plans to begin construction on two additional industrial buildings totaling approximately 140,000 square feet later this summer, with another 90,000 square feet planned within the next 24 months. Upon completion, the development will total approximately 500,000 square feet across six buildings. Hobble Creek Business Park is specifically designed to serve small businesses, contractors, logistics operators and light manufacturing users with flexible units as small as 6,000 to 8,000 square feet. • Cole West, a Centerville-based real estate development company, has closed on 38 homesites for a new community called Lone Tree, at 963 S. 200 W., Syracuse. Lone Tree will consist of 38 single-family homes ranging from 3,500 to 5,000 finished square feet. Development is expected to begin this summer, with both design and construction led by Cole West. Homes are anticipated to begin selling in early 2027. Key partners in the transaction include the land seller, Davis School District, and broker Brandon Wood of Northwood Group. The city of Syracuse’s coordination on entitlements was instrumental in facilitating the dedication of a separate parcel, which will support the development of an adjacent future fire station serving the community.
RECOGNITIONS
• Intermountain Health St. George Regional Hospital has been named the No. 1 regional hospital in Utah by U.S. News & World Report in its 2026-27 Best Hospitals rankings and ratings. U.S. News evaluated 56 hospitals in Utah, part of more than 4,400 hospitals evaluated for this year’s rankings. A total of 505 hospitals nationally earned recognition as Best
Regional Hospitals across 49 states and the District of Columbia. Other highly ranked Utah hospitals are No. 2 University of Utah Health/University of Utah Hospital, No. 3 Intermountain Health Intermountain Medical Center, Murray; and tied for No. 4 are Intermountain Health McKay-Dee Hospital, Ogden, and Intermountain Health Utah Valley Hospital, Provo. • Several awards were presented during the recent One Utah Summit, an annual event in Cedar City to recognize individuals and companies for their contributions at work and to the state. The 2026 Governor’s Award honorees are State Bank of Southern Utah Rural Legacy Leader, Carl Albrecht; Utah Rural Influencer, Geri Gamber; Utah Rural Rockstar, Lesha Coltharp; Distinguished Service, Lauri Garfield; World Trade Center’s International Business of the Year, Merit Medical Systems; Utah Inland Port Authority’s Statewide Investor, LS Electric; Governor’s Office of Economic Development’s Utah Business of the Year, Intermountain Electronics; Utah Department of Natural Resources’ Horizon Award, Valar Atomics; and Transformational Leader Legacy Award, Christine Watkins. Transformational Leader Award honorees are Nate McDonald, Clyde Cos.; Michelle Tullis, State Bank of Southern Utah; Larry Jensen, Carbon County; and Derrin Owens, state of Utah. Details are at https://oneutahsummit. utah.gov/gov-awards/.
SCHOLARSHIPS
• D.L. Evans Bank, based in Idaho, has announced the winners of the 2026 D.L. Evans Bank Scholarship Program. The program awards a total of $32,000 to graduating high school seniors in the bank’s service areas each year. Sixteen $2,000 scholarships have been awarded. The recipients include four Idahoans who will be attending Brigham Young University-Idaho: Carson Klingler of Kimberly, Isaac Higgins of Rexburg, Shaylee Taylor of American Falls, and Sky Emrie Wescott of Rigby; plus Caroline Powell of Twin Falls, who will be attending Brigham Young University.
TECHNOLOGY
• Expansion Capital Group (ECG), a South Dakota-based financial technology company providing working capital solutions to small businesses nationwide, has opened an office in Sandy. The company said the Utah location will operate as an extension of ECG’s headquarters “while enhancing collaboration, expanding operational capacity, and strengthening support for partners and business owners throughout the western United States.” Founded in 2013, ECG has helped more than 40,000 small businesses access over $1.5 billion in working capital.
PEOPLE on ON THE People the MOVE Move “People on the Move” information should be submitted at brice.w@thecityjournals. com. Submissions are for subscribers only.
HOSPITALITY
• Stein Collection, based in Park City, has promoted Jason Berrett to vice president of food and beverage and Jonathon Miller to director of culinary operations and corporate chef. The moves follow the announcement that Zane Holmquist, vice president of food and beverJason Berrett age operations and corporate chef, will retire at year-end. Berrett joined Stein Collection in 2001 as restaurant manager and advanced to director of food and beverage in 2016. Miller joined Stein Collection in 2005 as kitchen manager and Jonathon Miller was promoted to executive chef in 2016. Holmquist has more than 48 years of experience in the food and beverage industry, becoming synonymous with the reputation of Stein’s for more than two decades.
TECHNOLOGY
• Red Cat Holdings Inc., a Salt Lake City-based provider of drone and robotic solutions for defense and national security, has promoted Mitch McDonald to divisional chief executive officer of its UAS (unmanned aircraft systems) operations. He will oversee the strategic direction and operMitch McDonald ations of Red Cat’s Teal Drones business in Salt Lake City and FlightWave Aerospace in Torrance, California. As divisional CEO, McDonald will focus on operational integration, manufacturing scale and execution across Red Cat’s UAS platforms. Teal develops advanced small unmanned aerial systems for defense and national security missions. FlightWave expands Red Cat’s aerial capabilities with longer-range, fixed-wing vertical takeoff and landing systems. McDonald most recently served as president of Teal Drones. His experience spans advanced manufacturing, aerospace and defense operations, engineering leadership, supply-chain strategy and the development of high-performing technical teams.
CAREERS HAPPEN BANK NATIONAL ASSOCIATION Happen Bank National Association (fka LendingClub Bank National Association) seeks the following in Lehi, UT: Credit Risk Analytics Director – Commercial (17734): Provide reporting, monitoring, and risk management of assigned commercial loan portfolios, including commercial real estate, small business banking, and equipment leasing. Write complex queries to transform raw data and perform business analytics, identifying discrepancies, quality assurance activities and monitoring data integrity. Salary: $170,500 - $214,295/yr; Sr Compliance Testing Data Analyst (84991): Partner with the business to understand and assess design of controls utilized by the bank. Conduct process walkthroughs with the first line to understand risks and controls associated with business processes against regulatory requirements to evaluate design effectiveness. Salary: $112,000 - $132,760/yr; Senior Software Engineer (38702): Participate in building Scrum (software development) process and agile culture in the development team. Design, implement, and document new software components. Improve and maintain existing software. Salary: $182,520 – $214,295/yr; Senior Software Engineer (70138): Design, develop, and maintain scalable backend services using Java and object-oriented programming principles. Contribute to the architecture and implementation of distributed systems and microservices supporting customer-facing and internal applications. Salary: $186,000 – $214,295/yr Sumit resume at www.jobpostingtoday.com using the job # in parenthesis next to the job title. May telecommute from anywhere in the U.S. up to 100% of the time. Background check req’d.
14 | August 24, 2026
SALT LAKE BUSINESS JOURNAL
CALENDAR Calendar Information about upcoming events may be sent to brice.w@thecityjournals.com.
Aug. 24-25
“Ecom Elevated,” a Commerce Catalyst event focused on connection, learning and growth across influencer marketing, email marketing, paid media, creative strategy, retention and the channels driving revenue. Theme is “All Things Digital Marketing.” Event includes keynote presentations, creator matchmaking, workshops and breakout sessions. Location is Hilton Salt Lake City Center. Cost is $199 for e-commerce brand attendees, $25 for creator attendees, $399 for SaaS or service provider attendees, $349 for sponsor attendees. Details are at https:// www.ccatalyst.co/events/ecom-elevated-fall-2026/?utm_source=luma.
Aug. 24, 8 a.m.-2 p.m.
2026 The Point Challenge Golf Tournament, a Point of the Mountain Chamber of Commerce event. Location is Fox Hollow Golf Club, 400 N. 200 E., American Fork. Cost is $800 per member foursome, $1,000 for nonmember foursome. Details are at thepointchamber. com.
Aug. 24, 10-11:15 a.m.
“What Future Do Utahns Want?” a Silicon Slopes town hall. Clint Betts of Silicon Slopes will open with a presentation on the state of Utah and its tech community, followed by audience discussion. Location is Silicon Slopes, 2600 W. Executive Parkway, Lehi. Details are at siliconslopes.com.
Aug. 25, 8-9:30 a.m.
“Global Exchange: Vietnam,” a World Trade Center Utah event featuring Ambassador Hoang Anh Tuan, consul general of Vietnam, discussing Vietnam’s economic priorities, emerging industries, and where Utah companies can find opportunities for collaboration. Location is World Trade Center Utah, 60 E. South Temple, Salt Lake City. Free. Details are at wtcutah.com.
Aug. 25, 11 a.m.-1:30 p.m.
Annual Meeting, a Salt Lake Chamber event. Theme is “A Beacon of Opportunity.” Event will celebrate the power of leadership, partnership and vision in shaping Utah’s future. Location is Loveland Living Planet Aquarium, 12033 S. Lone Peak Parkway, Draper. Cost is $125 for members and $150 for nonmembers. Details are at slchamber.com.
Aug. 25, 11:30 a.m.-1 p.m.
Women in Business, an Ogden-Weber Chamber of Commerce event. Speaker Shelby Willoughby of Kimberly Clark will discuss “Risk Taking, Bold Decisions and Career Pivots.” Location is Jeremiah’s Lodge & Garden, 1329 W. 12th St., Marriott-Slaterville. Cost is $25 for members and first-time guests, $35 for nonmembers. Details are at ogdenweberchamber.com.
Aug. 25, 11:30 a.m.-1 p.m.
Women in Business, a South Valley Chamber of Commerce event. Speaker Lucy Cardenas, owner and president of Red Iguana, will discuss “Rooted in Resilience: Lessons in Leadership, Legacy & Family.” Location is Jordan Education Foundation, 3706 W. 9800 S., South Jordan. Cost is $23 for members, $35 for nonmembers. Details are at southvalleychamber.com.
Aug. 25, 2-5 p.m.
Aug. 27, 4-6 p.m.
Aug. 26, 9:30-10:30 a.m.
Aug. 27, 5-8:30 p.m.
Utah Valley Job Fair. Location is Utah Valley Convention Center, Exhibit Hall A., 220 W. Center St., Provo. Details are at thechamber.org. “Global Gateway: Rakuten,” a World Trade Center Utah event providing practical insights into reaching customers through one of the world’s largest digital commerce ecosystems. Event takes place online. Free (registration is required). Details are at https://www.wtcutah.com/ events.
Aug. 26, 11:30 a.m.-1 p.m.
“Chamber Connections,” a Davis Chamber of Commerce event. Location is Davis Chamber of Commerce, 450 S. Simmons Way, Suite 220, Kaysville. Free. No RSVP required. Chamber membership required for continued attendance. Details are at davischamberofcommerce.com.
Aug. 26, noon-1 p.m.
“Walkable Wednesday,” a ULI (Urban Land Institute) Utah event focused on Journeyman, a new apartment community in Salt Lake City’s Granary neighborhood. Location is Journeyman Apartments, 646 S. 400 W., Salt Lake City. Free for members, $20 for nonmembers. Details are at https://utah.uli.org/events-2.
Aug. 26, 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.
Aug. 26, 5-6:30 p.m.
“Connect After Hours,” a South Valley Chamber of Commerce event. Location is Utah State University Bastian Agricultural Center (formerly known as the Salt Lake County Equestrian Center), 2100 W. 11400 S., South Jordan. Cost is $15 for members, $25 for nonmembers. Details are at southvalleychamber.com.
Aug. 26, 6-7:30 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.
Aug. 27, 8 a.m.-4 p.m.
“Amplify Growth Summit,” presented by Ampleo. Theme is “Not Every Leader will thrive in the AI Era. Will You?” Location is Living Planet Aquarium, 12033 S. Lone Peak Parkway, Draper. Cost is $499. Details are at https:// luma.com/7v7067x3.
Aug. 27, 3-5 p.m.
“What’s Up in the Cottonwood Canyons,” a ULI (Urban Land Institute) Utah event focused on the future of the Cottonwood Canyons and how canyon leaders are balancing recreation, development, infrastructure and environmental stewardship. Speakers include leaders from Snowbird, Brighton and Alta ski areas, Silver Fork Lodge, and the town of Brighton. Location is the Summit at Snowbird, 9385 S. Snowbird Center Drive, Snowbird. Costs range from $25 to $45 for members, $45 to $65 for nonmembers. Details are at https://utah.uli.org/events-2.
“Healthtech Hub: Collider,” a BioHive event. Location is 1201 S. 4800 W., Salt Lake City. Details are at https://luma. com/biohive-vzi2. Annual Awards Gala, a ChamberWest event. Theme is “A Sapphire Celebration.” Activities include a cocktail hour at 5 p.m., followed by dinner and program 6-8:30 p.m., with recognition of ChamberWest Hall of Fame Award recipient and finalists in four business awards categories. Location is Salt Lake County Library, Viridian Event Center, 8030 S. 1825 W., West Jordan. Details are at chamberwest.com.
Aug. 27, 6-7 p.m.
Intellectual Property Clinic, a Small Business Development Center event that takes place online. Details are at https:// clients.utahsbdc.org/events.aspx.
Aug. 27, 6-7:30 p.m.
“AI Productivity and Marketing Workshop,” a Small Business Development Center event that takes place online. Details are at https://clients.utahsbdc.org/ events.aspx.
Sept. 1, 10-11:30 a.m.
“Business 101: Essential Steps for New Entrepreneurs,” a Women’s Business Center of Utah event that takes place online. Free. Details are at wbcutah.org.
Sept. 2, 8:30 a.m.-1 p.m.
2026 Innovation Awards Summit, a half-day event presented by the Nucleus Institute and Utah Business and is a gathering together innovators, founders and forward-thinking companies. Activities include presentations, an innovations fair, a speed pitch competition, and the Innovation Awards luncheon and ceremony. Location is Utah Cultural Celebration Center, 1355 W. 3100 S., West Valley City. Details to be announced.
Sept. 2, 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.
Sept. 2, 11:30 a.m.-1 p.m.
“Get Found First: Local Website Optimization, SEO & Google Business Tools,” a Wasatch Back Business University event. Location is Utah Valley University’s Wasatch Campus, 3111 College Way, Heber. Details are at parkcitychamber.com.
bers and officers, and awarding the Myles Rademan Spirit of Hospitality Award to an outstanding community member. Location is Pendry Park City, 2417 W. High Mountain Road, Park City. Cost is $65, or $520 for a table of eight. Details are at https://uk.eventsforce.net/parkcity/122/ register.
Sept. 3, 3-7 p.m.
“Exploring Possibilities Conference,” a Women’s Business Center of Utah event. Location is Courtyard by Marriott, 1294 S. Interstate Drive, Cedar City. Cost is $65. Details are at wbcutah. org.
Sept. 9
“Let’s Do Lunch,” a South Valley Chamber of Commerce event. Location to be announced. Cost is $23 for members, $35 for nonmembers. Details are at southvalleychamber.com.
Sept. 8, 1-3:30 p.m.
Advanced Manufacturing Network Meeting, a 47G event for investors. Register to receive address. Details are available at https://luma.com/47G_Utah.
Sept. 9, 11:30 a.m.-1 p.m.
“Chamber Connections,” a Davis Chamber of Commerce event. Location is Davis Chamber of Commerce, 450 S. Simmons Way, Suite 220, Kaysville. Free. No RSVP required. Chamber membership required for continued attendance. Details are at davischamberofcommerce.com.
Sept. 9, noon-2 p.m.
WBCUtah Loan Bootcamp, a Women’s Business Center of Utah event helping attendees understand what lenders look for and prepare to pursue financing confidently. The four-session bootcamp runs through Sept. 30. Event is designed for business owners who have at least two years in business, generate consistent revenue and have a clear growth opportunity. Registration deadline is Sept. 2. Free. Details are at wbcutah.org.
Sept. 9, 5-7 p.m.
“Business After Hours,” an Ogden-Weber Chamber of Commerce event. Location is ERA Realty, 215 25th St., Ogden. Free for members and first-time guests, $35 for nonmembers. Details are at ogdenweberchamber.com.
Sept. 9, 6-7:30 p.m.
“Online Marketing Fundamentals,” a Small Business Development Center event that takes place online. Details are at https://clients.utahsbdc.org/ events.aspx.
Sept. 2, 6-7 p.m.
Sept. 10-11
Sept. 3, 9-10:30 a.m.
Sept. 10, 11:30 a.m.-1 p.m.
“Driving Website Traffic for Free,” a Small Business Development Center event that takes place online. Details are at https://clients.utahsbdc.org/events. aspx. “Sweets & Strategies,” a Women’s Business Center of Utah event. Location is Roots Coffee, 774 S. 300 W., Salt Lake City. Free. Details are at wbcutah.org.
Sept. 3, 9-11 a.m.
2026 Annual Meeting, a Park City Chamber & Visitors Bureau event that will feature a look at the organization’s marketing plans for the upcoming fiscal year, recognition of outgoing board mem-
Golf Tournament, a South Valley Chamber of Commerce event. Location is Glenmoor Golf Club, 9800 S. 4800 W., South Jordan. Details are at southvalleychamber.com. Women in Business Lunch, a Davis Chamber of Commerce event. Location to be announced. Cost is $25 for members, $35 for nonmembers. Details are at davischamberofcommerce.com.
Sept. 10, 5:30 p.m.
Community Hike, a BioHive Women in Tech & Science (WITS) event. Register to see address. Details are at https:// luma.com/biohive-a5p9.
August 24, 2026 | 15
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The ribbon is cut at the Intermounta began welco in ming patien ts and famili Health Primary Childr es on Sept. en’s 6. (Photo courte Hospital Behavioral Health Cente sy Intermounta r-Taylorsvill in Health) e Campus, which
New childre n’s behavio opens in Ta ral health center ylorsville
Intermountai n Children’s veiled the Health unIntermountai school studen n Health Prima ry Children’s ts seriously Hospital Behav suicide. Nine contemplated Center-Tayl percent attemp orsville Camp ioral Health hope and promi and 37 percen ted suicide, ny on Aug. us t felt sad or 22. The 90,000 in a ceremoter is an impor se of the future. This hopeless. Intermountai facility was cen-square-foot made possib ically neede tant part of providing Hospital has n Primary Childr le by a $25 lion invest critd behavioral en’s ment from milto Utah’s childr health servic al health prograincreased its behav the and philan es en iorthropic donati state of Utah ms by 78 The new state-oand families.” has served percent and Promise, Interm ons to Prima 40 f-the art, family ry tered facilit past five years.percent more kids in paign to build ountain Health’s -ceny the camIn the nation’s 2024, Interm where parent features patient rooms Primary Childr system for model health ountain s can stay children. en’s Hospi their child, overnight al health tal behaviorwith spacio Built on the progra us waitin ms helped former Wasat a cafe, and 10,000 kids. campus in a new Crisis g rooms with ch Canyons They’re expec more than Taylorsville, that is alway Walk-In Cente even more ted opened to kids the new center to s open. The r this year. help and families cludes free “Each child Intermountai services such center also inSept. 6. in our comm n Health said assessment, as portant part unity is an that Utah, referral, consu the statewide in a releas of imlike line that conne ltation servic said Rob Allen,Intermountain’s missio is experiencing many states in the natione e cts families n,” president es, and the Intermountai crisis. In 2023, a pediatric mental health, Stabilization with resourcn Health, in and CEO of sponse progra and Mobile 23 percent ery child deserv a release. “Evof Utah high Rem, es the chanc als to the home which sends profes and live their sionof a child or healthiest life. e to thrive teen. They are the
Bill Gates-ba cked for site for Nanuclear energy firm loo king trium reacto r in Utah see HEA
LTH page
2
John Roge rs Salt Lake Busine ss Journal
TerraPower, in Bellevue, a nuclear energy develo pment compa Washington, Gates, is lookin ny based and backed plant in Utah. g for a spot to put a nucleaby billionaire Bill r power genera In late Augus ting t, the compa derstanding (MOU) with ny signed a memorandum opment (OED the Utah Office of un) and land the project. developer Flagsh of Energy Develip Cos. to According pursue to the MOU, search for a the three compa potential site nies will togeth energy storag suitable for er the nuclear e plant. The reactor and nary list by goal is to come the end of the up with a prelim year. TerraPower i- This conce seeks to build pt drawing one of its Natriu of TerraPower’s reactor power m reactors generating Wyoming in the Kemmerer, is likely what station, currently under Natrium nuclear when built. the construction Utah’s Office company’s project see NATR near in Utah will memo of Energy IUM page look like Developmen 3 for randum of understandi t is signat the reactor. ng that launc (Photo courte hed the search ory to a sy TerraPower) for a site
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SALT LAKE BUSINESS JOURNAL