www.slenterprise.com November 27, 2017 Volume 47, Number 18 $1.50 OF NOTE $50 million grant paves way for Provo med school is going to have another medical school — its third — according to an an- Storms good for Walmart nouncement last week from Wasatch Edu- cational, owner of Provo’s Rocky Moun- Wal-Mart Stores Inc. reported bet- tain University of Health Professions ter-than-expected U.S. third-quar- (RMUoHP). Scheduled to open to its fi rst ter sales last week, as custom- class of 150 students in August 2021, the ers stocked up on food and other institution will be named Noorda College supplies ahead of hurricanes and The Utah Offi ce of Tourism has undertaken a new strategy that aims to boost the quality of tour- of Osteopathic Medicine (NCOM). The ism visits to the state rather than the quantity. The plan calls for tourists to extend their stays school will enroll 150 students per year for online purchases soared, sending by getting off of buses and into rental cars and local business such Ruby's Inn at Bryce Canyon the fi rst four years and 175 each year there- its shares up more than 8.5 per- National Park (pictured). after, according to a release from Wasatch cent. The sales were the retailer's Educational. strongest since 2009. Named after the Ray and Tye Noorda Foundation, which has committed $50 mil- 'Red Emerald' initiative aims to lion toward the project, the Noorda College of Osteopathic Medicine will be an osteo- pathic medical and research school offer- • Sports Medicine Facilities give tourists 'quality experience' ing a curriculum and medical technology page 10 focused on preparing physicians who will fi ned, high-quality experience,” Vicki Va- provide healthcare services, including pre- Brice Wallace • Health Insurance Companies rela, managing director of tourism, fi lm and ventative care. The Enterprise page 11 global branding, told the Governor’s Offi ce The Noorda donation, along with a sig- of Economic Development (GOED) board nifi cant commitment from the Wasatch Ed- With Utah’s national parks bulging • Commercial Insurance Agencies at a recent meeting. ucational and other unnamed donors, will with visitors — to the point that reserva- page 12 The initiative was introduced at a Utah provide most of the funds needed for con- tions are being considered — the Utah Of- tourism conference this fall. Details are struction and operation of the Noorda Col- fi ce of Tourism has undertaken a strategy • Employee Benefits Brokers now posted at the offi ce’s website, https:// lege of Osteopathic Medicine, the press to boost the quality of visits rather than the page 14 travel.utah.gov/. The principles listed there statement said. quantity. are designed to be a guiding document for “We are honored to partner with the Called “Red Emerald,” the strategy • Vision Centers the tourism offi ce in prioritizing its promo- Noorda Foundation and our other partners looks to create Utah travel experiences that page 15 tional and product development efforts. to bring Noorda College of Osteopathic are special. The name comes from the red Varela noted that Utah has had “wild Medicine to Utah County,” said Dr. Mi- emerald, also known as red beryl, a prized success” in increasing overall visitation chael Skurja, president of Wasatch Edu- gemstone found in any substantial size only to its fi ve national parks, bolstered by the cational. “We believe the medical school in Utah. “Mighty 5” campaign, and that Red Emer- will inspire and motivate local students to “We named this new initiative ‘Red Emerald’ because that’s what we want the Utah tourism experience to be: a rare, re- see EMERALD page 4 see MED SCHOOL page 13 Utah consumer prices dip for fi rst time this year For the fi rst time since January, pric- within the state is still up 3.3 percentfrom month, housing prices have decreased 1.5 es along the took a small this time last year. percent statewide. According to historical step backward in October. The Zions Bank Meanwhile, the national Consum- Wasatch Front Consumer Price Index data, Wasatch Front Consumer Price Index (CPI) er Price Index decreased 0.1 percent from overall housing prices typically fall dur- decreased 0.4 percent from September to September to October and has increased 2.0 ing the month of October, as demand for October due mainly to seasonal changes in percent since October 2016. housing and hotel rooms decreases signifi - demand for apartment rentals and hotels and Much of October’s cost-of-living de- motels. Although the index has decreased crease can be explained by seasonal de- see CPI page 12 slightly since September, the cost of living creases in demand for rentals. Month-over- 2 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal Utah ski industry looks to enjoy third straight record season vember is hand-wringing month, people wanting to do business in in either 2026 or 2030. Valley Resort, Park City Moun- Brice Wallace especially if you’re in the ski Utah,” he said. “Our ski industry “Either way, Utah’s ski indus- tain, Resort and Snow- The Enterprise business. … We started a little bit has been on a tear — two record try is highly supportive of pursu- bird Resort. late last year, but I’ll remind you years of this being the place to be ing these Games,” he said. “We Upcoming openings will be Pardon the pun, but Utah’s that we ended up having a great, — so we’ve seen a lot of attention, saw a lot of great infrastructure Dec. 2 at Resort and ski resorts have been on a run. great ski season, with Brighton and I think it’s just going to bring improvements [and] we saw a big Solitude Mountain; Dec. 8 at Sun- And they want to see it con- kind of topping the charts at 633 a spotlight and some more atten- bump in skier-days for several dance Mountain Resort, Dec. 9 at tinue. Coming off two record sea- inches on the year and 200 inch- tion to our state, so, good things years after the Games in 2002, and Nordic Valley Resort, Dec. 18 at sons, the state’s resorts are hoping es of snow in the month of Janu- for our industry.” we’d be looking for the same after Cherry Peak Resort, and Dec. 21 that 2017-18 is a repeat. ary. We are excited, and there’s Looking at the longer term, the Games hopefully coming up.” at Eagle Point Resort. Opening “Last year was an all-time nobody more anxious than the he also said the industry would Among the Utah resorts al- dates for , Brian record,” Nathan Rafferty, Ski people in this room to get out back a potential bid for Utah to ready open for the season are Alta Head Resort and Powder Moun- Utah’s president, said at a recent and go skiing.” host the Olympic Winter Games Ski Area, Brighton Resort, Deer tain have not been set. season kickoff news conference. The industry has been in- “The season before that was an volved in marketing in Califor- all-time record as well. We’re nia, Texas, New York, Australia, crossing our fi ngers and looking the United Kingdom and France, forward to what we hope to be a while the Utah Offi ce of Tour- Merit Medical buys two BD product lines third record season in a row. ism has been running ads in Los Utah medical technology gi- wide along with a sales force of under its revolving credit facility. “We have a ton of momen- Angeles and New York. Utah’s ant Merit Medical Systems Inc. 290. It is based in South Jordan Merit’s management expects the tum. That’s always important in tourist attractions generate near- has agreed to buy two product and has plants in Pearland, Tex- acquisition to provide incremen- our industry. Skiers have short ly $8.2 billion annually in visitor lines from Becton, Dickinson & as; Richmond, Virginia; Malvern, tal annual revenues in the range of memories, and what they re- spending, including a $1.4 bil- Co., which operates under the Pennsylvania; Rockland, Mas- $42 million to $48 million. member of last season was pretty lion impact from the ski industry. trademark BD, for a reported cost sachusetts; San Jose, Califor- “We believe this is a perfect darned good. There was a lot of “That is important because of $100 million. BD proposed the nia; Maastricht and Venlo, The fi t for Merit,” said Merit’s chair- good skiing. So, momentum is on we use that funding,” Rafferty sale of the assets in conjunction Netherlands; Paris, France; Gal- man and CEO, Fred P. Lampro- our side, for sure.” said. “Tourism-related tax rev- with its acquisition of C.R. Bard way, Ireland; Beijing, China; Ti- poulos. “These products are well The Utah industry last season enue helps pave our roads, edu- Inc. and Merit has agreed to the juana, Mexico; Joinville, Brazil; established with an installed base had nearly 4.6 million skier days cate our kids. Over a billion dol- sale subject to BD closing the Markham, Ontario, Canada; Mel- and complement Merit’s CorVo- (defi ned as one person visiting a lars in local and state taxes come deal with Bard. The fi nal sales bourne, Australia; Tokyo, Japan; cet Full Core Biopsy System and ski area for all or any part of a day into the state because of tour- price is subject to adjustment for and Yishun, Singapore. our recently acquired bone biopsy or night for the purpose of skiing/ ism.” fl uctuations in the value of trans- The assets to be acquired products. snowboarding), topping the near- The ski industry also has ferred inventory. are soft tissue core needle biop- “There are also a number of ly 4.46 million level set the prior more than 20,000 employees, Founded in 1987, Merit is sy products currently sold by BD markets in which Merit has di- season. The lowest skier-day total part of the 142,000 people in a manufacturer and marketer of under the trade names of Achieve rect representation that will be in Utah during the past 10 years Utah working in the tourism in- proprietary disposable devices Programmable Automatic Biopsy expanded to include the acquired was about 3.8 million in 2011-12. dustry. used in interventional, diagnos- System, Temno Biopsy System products, as well as new markets At the brink of this season, During the news confer- tic and therapeutic procedures, and Tru-Cut Biopsy Needles. Ad- which we plan to develop,” Lam- some of Utah’s resorts have seen ence, Rafferty noted that many particularly in cardiology, radi- ditionally, Merit proposes to ac- propoulos said. “In summary, we snowfall and others have been Utah resorts have changed own- ology, oncology, critical care and quire the Aspira Pleural Effusion believe this transaction will pro- making snow. ership or consolidated in recent endoscopy. The fi rm employs Drainage Kits and the Aspira Peri- vide complementary high-margin “This reminds me a lot of last years, but he saw that as a posi- 4,700 in its development and toneal Drainage System currently products, increased use of our ex- year, where we had some ques- tive. manufacturing facilities world- marketed by Bard. isting facilities, market expansion tion, I think,” Rafferty said. “No- “I think it’s an indication of Merit said it intends to fi nance opportunities, accretive margins, the acquisition through borrow- profi ts and our existing sales force ings that are currently available utilization.” ADDICTION BioUtah honors seven with 2017 Life Sciences Awards PROBLEM? Seven individuals, compa- novation, education and building nies and organizations recently thriving new enterprises from the were presented with 2017 Life ground up right here in our state.” Sciences Awards at the Utah Life Honorees include: Unsure whether you Science Summit for their contri- • Outstanding Individu- have an addiction problem with butions to the industry. al Contribution Award: Ashok drugs, alcohol or sex? The awards were announced Khandkar, chief executive offi cer by BioUtah, a nonprofi t life sci- of Xenecor, and Kelly Powers, ence trade association. They rec- former vice president of science Worried you could lose ognize signifi cant contributions and technology for C.R. Bard, to medical innovation, industry, who were recognized for substan- all that’s important to you? Your and the life sciences community tial scientifi c, service and/or pro- spouse, children or career? at large. fessional contributions to Utah’s “We congratulate this year’s life sciences community. award winners. They are all Khandkar was recognized phenomenal success stories,” for his 30-year career in found- “I have helped hundreds of professionals just like you save said Kelly Slone, president and ing and capitalizing ventures and chief executive offi cer of BioU- launching groundbreaking prod- everything that is important to them. Let me help you too! tah. “Each person and organiza- ucts. He has 40 U.S. and inter- I am Dr. Steven Chen. For a FREE fully confidential session to tion being recognized has played national patents. In 2010, he won evaluate your needs, at no obligation, contact me today!” a signifi cant role in advancing the Utah Governor’s Science and Utah’s life sciences community. (P) 801.718.1609 (E) [email protected] (W) stevenjchen.com/addiction We’re honored to celebrate their contributions to life-saving in- see BIOUTAH pg. 11 The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 3 Zions announces restructuring, will petition to lose 'too big to fail' status Zions Bancorporation of Salt fi cation of its corporate structure, a threat to the global fi nancial sys- Donald Trump. Zions is the fi rst needs of investors.” Lake City announced last week Zions said it would fi le a petition tem. bank to openly petition the FSOC Zions said it expects to ini- that it will streamline its corporate with the Financial Stability Over- “There is much evidence to remove its SIFI designation. tiate the fi lings and other actions structure by merging the parent sight Council (FSOC) to challenge that a consensus exists among “Historically, Zions Bancor- required in connection with this company into its banking subsid- its “systemically important” sta- Washington policymakers that a poration operated as a multi-bank project, including fi ling a proxy iary, ZB NA, or one of its subsid- tus, a label that triggers heightened straightforward regional bank of holding company with separately statement and other proxy mate- iaries. The resulting entity will Zions’ size and lack of complexity oversight and forces banks to hold chartered banks in each of several rials with the Securities and Ex- bear the name Zions Bancorpora- does not warrant the ‘systemically more capital. western states,” Simmons contin- change Commission and schedul- tion, NA and will continue to op- important’ appellation,” said Har- ued. “In late 2015, we consolidat- ing a shareholder vote to approve The systemically important erate with its existing local brand ris Simmons, Zions' CEO. ed our seven banks under a single the combination, before the end of fi nancial institution (SIFI) des- names and management teams Wall Street bankers have been national bank charter as part of a the year. “Assuming a favorable in markets throughout the west- ignation — known as “too big to lobbying for regulatory relief un- larger effort to simplify our busi- result from the FSOC, receipt of ern United States. fail” — is given by the FSOC to der the business-friendly admin- ness operations. We now conduct required regulatory approvals and Concurrently with the simpli- companies whose failure can pose istration of Republican President essentially all our business under an affi rmative vote by sharehold- that single national bank charter. ers, Zions expects to consummate We believe the logical next step the transaction within six months in rationalizing and simplifying from the date the appeal request TaskEasy to grow, bring 191 new jobs our business is to eliminate our is fi led with the FSOC, provided ployees in . The $6.5 Development Corporation of Utah. holding company, an entity which that Congressional hearings are Brice Wallace million expansion is expected to “TaskEasy’s growth will continue is no longer necessary in serving not held under Section 117(c)(2) The Enterprise result in engineering and research to have a positive impact on Utah’s customers and providing for the (b)(ii) of the Dodd-Frank Act. and development jobs paying an economy.” Zions is represented in this mat-

average of $86,894 a year. The ter by the law fi rm of Sullivan & The Governor’s Office of project is expected to produce new Cromwell LLP,” the bank said in Economic Development board of- wages totaling more than $50 mil- Mortgage delinquency dropping a release last week. ten awards economic incentives lion over fi ve years and new state Fewer and fewer Utah home- compared with 0.3 percent a year Zions Bancorporation has to- to companies in financial technol- tax revenue of nearly $5.4 million owners are having trouble paying earlier. tal assets exceeding $65 billion ogy, medical innovation and other during that time. their mortgage payments, accord- Nationally, 4.6 percent of and operates under local manage- high-tech sectors. “TaskEasy is experiencing ing to information released this mortgages were in some stage of ment teams and distinct brands A company approved for an massive growth and is expanding month by property information delinquency (30 days or more past in 11 western states including incentive this month focuses on into new strategic markets across and analytics fi rm CoreLogic. In due including those in foreclosure) Arizona, California, Colora- mowing lawns. all 50 states,” Val Hale, GOED’s the Salt Lake City market, 2.9 per- in August. This represents a 0.6 do, Idaho, Nevada, New Mexi- Specifically, TaskEasy Inc. executive director, said in a pre- cent of mortgages were delinquent percentage point year-over-year co, Oregon, Texas, Utah, Wash- uses a website and mobile app pared statement. “We are pleased by at least 30 days (including those decline in the overall delinquency ington and Wyoming. to connect property owners with that they’ve chosen to stay in Utah. in foreclosure) in August compared rate compared with August 2016 contractors to get lawns mowed We are excited about the jobs with 3.4 percent in August 2016, when it was 5.2 percent. and snow cleared. The Salt Lake this expansion will create and the according to CoreLogic’s Loan In August the national fore- City-based company was ap- company’s contribution in mak- Performance Insights Report. closure inventory rate was 0.6 per- proved for a tax credit incentive ing Utah a premier destination for Local mortgages in serious de- cent, down from 0.9 percent in of $806,842 tied to the creation of USPS # 891-300 business.” linquency (90-plus days past due) August 2016. This was the lowest 191 jobs over fi ve years. Published weekly by: “We always love seeing Utah totaled 0.9 percent in August com- foreclosure inventory rate for the “Most companies coming re- Enterprise Newspaper Group companies grow in the state,” said pared with 1.3 percent in August month of August in 11 years, since cently [for GOED incentives] have 825 North 300 West, Ste. NE220 Theresa Foxley, president and 2016. The foreclosure inventory August 2006 when it was 0.5 per- Salt Lake City, Utah 84103 something to do with data analyt- chief executive of the Economic rate for this August was 0.2 percent cent. 801-533-0556 FAX 801-533-0684 ics. This has something to do with www.slenterprise.com something that really needs to be PUBLISHER & EDITOR done: either get your lawn mowed R. George Gregersen and cleaned up or get your snow PRESIDENT removed,” said Mel Lavitt, chair- Offi ce FuRniture David G. Gregersen [email protected] man of the GOED board’s incen- VP/GENERAL SALES MANAGER tives committee. “It’s ingenuous Dale Dimond to think of how to take something SALE [email protected] that everything thinks is ‘You’ve MANAGING EDITOR got to call Joe, who owns the lawn John M. Rogers [email protected] mower company,’ to take this and CONTROLLER bring everything together.” Richard Taylor Ken Davis, the company’s [email protected] chief executive offi cer, told the OFFICE MANAGER Dionne Halverson board that through 5,700 ser- [email protected] vice providers, the company has REAL ESTATE SECTION mowed a million lawns and ex- [email protected] pects 3 million to be added next CIRCULATION year. The company operates in Diana Rogers [email protected] more than 10,000 cities nation- ADVERTISING INQUIRIES wide. Special [email protected] “TaskEasy was founded in the Discounts TO CONTACT NEWSROOM uniquely entrepreneurial culture Every [email protected] ART SUBMISSIONS of Utah, and starting in this en- Week! [email protected] vironment has really helped sup- Subscription Rates: port our growth,” Karl Sowa, the Online only, $65 per year company’s chief operations and Print only, $75 per year 3330 S. Highland Dr. Online and Print, $85 per year marketing offi cer, said in a pre- Salt Lake City Any opinions expressed by the columnists are pared statement. “We’re pleased not necessarily the opinions or policy of The En- to double-down on our growth terprise, its owners or managers. Reproduction www.lindasfurniture.com or use of contents without written consent of the here in Salt Lake City, and this publisher is prohibited. All rights reserved. state of Utah investment will help © 2017 Enterprise Newspaper Group Inc. Periodical postage paid at Salt Lake City, Utah us achieve our job creation goals 801-487-3992 POSTMASTER: Send address corrections to: even faster.” P.O. Box 11778, Downtown Station The company has 170 em- Salt Lake City, Utah 84147 4 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal Utah Pickle Co. building wins $50,000 restoration grant through nationwide vote A Salt Lake City project is idents, business owners, patrons Mayor Jackie Biskupski. “Our local artists and entrepreneurs, building is now one step closer to among 11 historic sites nationwide and visitors to vote online in an at- city, and the Granary District, has and a community garden to trans- being a reality, I’m looking for- to win funding through a popular tempt to secure $150,000 in grant so much history and a great story form a part of 400 West between ward to cementing the Granary vote. funding for the project. to tell. I’m thrilled we’ve secured 700 South and 800 South into an District as a center for creative The $50,000 preservation Built in 1894, the former Utah this funding to save a piece of that aesthetically beautiful, commu- business in the city,” said Michael grant to restore the former Utah Pickle Co. warehouse is at 741 S. unique history as Salt Lake City nity destination that will help re- Ori, president and founder of Ori Pickle Co. building was secured 400 W. in the city’s Granary Dis- continues to grow, develop and vitalize the district through in- Media. “Every dollar towards the in a contest put together by Amer- trict, which recently received thrive as a city for everyone.” creased street activity, business preservation of such an iconic ican Express, the National Trust Utah’s first neighborhood busi- The proposed Granary Dis- growth and local spending. building ultimately benefits every- for Historic Preservation and ness district “Main Street Ameri- trict project from Ori Media in- “As the Studio Elevn ex- one who see the potential of this Main Street America. The 11 proj- ca” designation. cludes the expansion of the local pansion into the Utah Pickle Co. district.” ects will receive a total of $1.5 “This campaign was a city- creative business collective Studio million through the “Partners in wide effort, and the fact that Salt Elevn into a restored and revital- further our success in all elements Preservation: Main Streets” grant Lake City came out a winner — ized Utah Pickle Co. building to EMERALD of the Red Emerald Initiative,” campaign. Projects from 25 cities due to popular vote — shows how provide the Granary District with from page 1 the website states. competed for the funds. engaged and excited our residents event space, a media production • Prioritize quality, not quan- Salt Lake City asked for res- are for this proposed project,” said studio, flexible office spaces for ald is a way to build upon that suc- tity, of visitors. This is designed cess. to “guide visitors toward a slow- “We know you don’t build er pace of travel, staying longer Mountain States Steel sold to Phoenix firm on your existing success by do- and having a deeper connection ing all the same things,” she said. with the places they visit. In ad- Mountain States Steel of Lin- A structural steel fabrica- ing structural steel for many icon- “You innovate and figure out how dition to improving the quali- don has been sold to DBM Global tor founded in 1949 by the Ol- ic projects throughout the western to continue to build the tourism ty of the visitor experience, this Inc. of Phoenix, a family of com- sen family, Mountain States Steel United States, including the San economy with a quality offering. will increase travelers’ economic panies involved in structural and (MSS) operates a fabrication fa- Francisco-Oakland Bay Bridge, You’ll never hear our team, our impact through longer stays and steel construction services and cility located on approximately Alameda Corridor Transportation board, talk about the quantity of additional services, including an operating subsidiary of HC2 32 acres in Lindon where it em- visitors that we bring, because guides, classes and add-on expe- Holdings Inc. Terms of the trans- ploys approximately 175. MSS see MSS page 11 we’re not looking toward a larg- riences.” action were not disclosed. has an extensive record of deliver- er quantity. We’re looking toward • Distribute visitation state- quality visitation.” wide. The focus is on “hid- Varela cited as an example den gems” that exist for tourists Chinese tourists who visit Utah’s throughout the state. “While these national parks. Many come on alternative destinations do not yet tour buses, hop out for a brief ex- have the visitor amenities to be a cursion and hop back on. direct replacement for our busi- “Our goal … is that they est destinations, there are niche come and rent their own cars, travelers these destinations can spend more time, spend more welcome thanks to remarkable money, have a higher-quality ex- birding, fly-fishing, biking, arts, perience, and leave with a better- paleontology, stargazing, ATV quality feeling within the commu- riding and other experiences,” the nities that they visit,” she said. website states. “By matching the Rather than adhering to a right visitor with the right infor- schedule laid out by the tour bus mation and the right mindset to company, such a tourist could the right place, we can signifi- spend, say, five days visiting cantly broaden the range of des- southern Utah and have more flex- tinations and experiences we pro- ibility. They also would be more mote to distribute travelers to all likely to be influenced by informa- parts of Utah.” tion provided by the tourism of- • Refine customer service. fice, such as details regarding the This will include everything from best time of day to visit and other resources provided to potential experiences “off the beaten path tourists on the tourism office’s that will create a better-quality ex- websites to the frontline hospital- perience for the local community ity at travel destinations. and the visitor,” she said. • Embrace community-led No matter where or when emergency strikes– “We’re pretty excited. We vision. This principle calls on think it’s as exciting as the ‘Mighty communities to “take the lead 5’ campaign that we rolled out role in defining how they would ON THE ROAD PETS & PEEPS ADVENTURE HOME/OFFICE several years ago in terms of the like their community promoted, potential to build our tourism identifying whom they would be ready with GetReadyNow! economy in a way that leaves ev- like to attract and determin- eryone wanting more — the visi- ing how much tourism is right The perfect tor and the local communities.” for their economic development corporate The principles document says plans and community character.” award or gift! the initiative “seeks to maximize Tourism can contribute “to com- tax revenues generated by tourists munity character and quality of while creating a superior experi- life, supplementing a commu- ence for visitors and communities nity’s diversified economic de- alike by prioritizing six facets of velopment plans and helping to our work.” Those facets are: celebrate local traditions, crafts- • Continue powerful brand- people and artists.” ing. The office will continue the • Champion infrastructure Mighty 5 and “Greatest Snow on investment. They may include Earth” messages. “Because these trails and recreational facilities, Holiday Special !!!— FREE single color logo on orders of 75 kits or more. campaigns encompass the anchor roadways and bikeways, way- experiences and destinations in finding signage and proper fund- Utah, we will continue to capital- ing for national parks and public BUILD CULTURE SHOW APPRECATION EMPOWER PEOPLE TO BE THEIR OWN HERO EXTEND YOUR BRAND • • • ize on the equity in these brands to lands. The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 5

 _ MACU contracts for naming .x. c rights of South Towne center Long days. Late nights. Weekends. Salt Lake County officials Career Fair and Utah Depart- have announced a 10-year part- ment of Transportation Annual nership with Mountain America Conference. Since opening its Credit Union that grants naming doors in 2000, more than 11 mil- rights to the South Towne Expo lion people have visited the expo Center in Sandy. Beginning in center. The 258,000-square-foot January, the convention and venue hosts large consumer con- meeting venue will be known as ventions, community-based con- Mountain America Expo Cen- ferences, trade shows, career and ter. The venue will remain a Salt health fairs, training seminars, Lake County-owned facility and banquets and parties. will continue to be managed by As part of the deal, the part- SMG, a worldwide venue man- nership will allow Mountain agement group headquartered in America to host quarterly fi- Wells Fargo appreciates the passion and hard work you put into Learn more about West Conshohocken, Pennsylva- nancial seminars. The first fi- your business and is here to help you navigate change through our special offers nia. nancial education event open each business cycle, growing pain, and new opportunity. at wellsfargo.com/ “We’re pleased to partner to the public at the facility will When it comes to the financial side of running and growing appreciation with Mountain America Credit be held in January. Mountain your business, we can help. Stop by to speak to a local banker Union at our Sandy convention America members will receive today, or visit wellsfargo.com/appointments to make and meeting facility,” said Salt promotional benefits for select an appointment. Lake County Mayor Ben McAd- events. The agreement will also ams. “They are all about serving provide visitors access to mul- ©  Wells Fargo Bank, N.A. All rights reserved. Member FDIC. their members, just as Salt Lake tiple Mountain America ATMs NMLSR ID  SBS- ( _ ) County is all about serving the that will be added throughout the Wasatch Front community with venue. a premier facility for business “Mountain America is and family events, meetings, ex- pleased to partner with Salt Lake hibits and shows. It’s a great ex- County in the naming of the ample of a public/private part- Mountain America Expo Cen- nership.” ter,” saida Sterling Nielsen, CEO Which would you rather test drive? The venue hosts 700,000 vis- at Mountain America. “This itors and over 270 events annu- partnership will allow us to fur- ally, including numerous events ther support the community in for local businesses and organi- financial literacy efforts while zations, such as Primary Chil- maintaining our commitment to dren’s Festival of Trees, Utah being a strong financial provider Department of Veteran Affairs in the Intermountain West.”

Jobless insurance system honored Utah’s unemployed contin- Contributions collected ue to benefit from the best unem- from Utah employers, under the ployment insurance and appeals state unemployment insurance programs in the nation, the U.S. tax, are used exclusively to pay Department of Labor affirmed. benefits to unemployed workers a Super CAR or a Super CHAIR? Utah was recognized for its op- who are unemployed through no erational excellence in appeals fault of their own and are able TEST DRIVE COST = $399* TEST DRIVE COST = $0 decisions and tax operations at and available to seek and accept the National Unemployment In- full-time work. Sure, the car would be a thrill. But given the price, we think you’d also be thrilled surance Directors’ Conference “Our program and opera- test driving an Ignition chair by HON. And not only is the test drive FREE, we’re last week in Orlando, Florida. tional structure are well de- happy to bring our chairs to you so your employees can take them for a spin also! Utah was honored for its top- signed,” said Kevin Burt, direc- performing programs, which op- tor of the Utah Unemployment erate faster and more effective- Insurance Division. “But, in the ly than any other medium-sized end, this is an award recognizing Why an ergonomic chair? state in the nation, according to the dedication of Workforce Ser- the citation. vices’ staff. They work hard ev- • Take advantage of Section 179 • Avoid sitting-related injuries & “We set a high bar of ex- ery day to ensure the program is tax code deduction opportunity workman’s comp claims cellence for our service to both run with accuracy and integrity, the employers who fund Utah’s and this award validates their in- • Accelerated depreciation & • Higher worker productivity in a Unemployment Insurance Pro- credible effort nationally.” bonus depreciation still for 2017 quality ergonomic chair gram, and those individuals in The Utah Division of Adju- need of temporary financial sup- dication is an autonomous, qua- port,” said Jon Pierpont, execu- si-judicial agency whose prima- We’re your seating experts for every price point/budget! tive director of the Department ry function is to hear and decide of Workforce Services. “These appeals of Workforce Services’ honors highlight our commit- decisions concerning unemploy- (801) 974-1970 | ofsinteriors.com ment to exceptional customer ment insurance benefits, as well service and wise stewardship of as other temporary supportive IN STOCK FOR IMMEDIATE DELIVERY! *exoticsracing.com, Las Vegas, NV taxpayer dollars.” services. 6 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal Industry Briefs

Industry Briefs are provided as approved for a Utah state tax program will proactively deliver Title I schools across the U.S. a free service to our readers. credit incentive of $806,842 screening services to popula- The eight-week campaign will Company news information may tied to the creation of 191 jobs tions who are most vulnerable provide 74,880 school supplies. be sent to brice@slenterprise. over fi ve years. The company’s to developing diabetes. The PRMI Giving Network, com. The submission deadline is Everything for the one week before publication. website and mobile app • Kneaders Bakery & started in September, is part of Contractors connects property owners with Café has donated $218,884 PRMI, a Salt Lake City-based BANKING contractors to get lawns mowed to the Huntsman Cancer mortgage lender. • America First Credit We rent the best and snow cleared. Foundation to support child- • Larry H. Miller Sports Union has opened a location hood cancer research undertak- & Entertainment will donate inside the Kent’s Market in 4343 Century Drive MANUFACTURING en by Dr. Joshua Schiffman, a more than 1,200 winter coats Brigham City. It is the credit Salt Lake City, UT 84123 • Purple Innovation LLC, pediatric oncologist and cancer to students at 19 local elemen- union’s second location in the Alpine, has named Mark researcher at Huntsman Cancer tary, middle and high schools city. Randy Christensen will 801- 262-5761 Watkins as chief financial Institute at the University of as part of the “NBA Cares Utah. Schiffman’s lab is explor- Season of Giving” and to dem- serve as service center man- www.centuryeq.com officer. Watkins most recently ager of the Brigham City Kent’s served as the CFO of Traeger ing how a cancer-fighting gene onstrate the organization’s com- location. Christensen began Pellet Grills. helps to ward off cancer in mitment to service and com- his career with America First He previously elephants, and how this infor- munity outreach. Now in its five years ago as a teller at the held vari- mation might be used to help fifth year, Coats for Kids is West Jordan location and quick- ous positions children and adults who are hosted on behalf of the orga- ly moved up the ranks, most of increasing affected by the disease, among nization’s sports and entertain- other topics. During September, ment units and corporate part- recently serving as service cen- GOVERNMENT responsibil- ity at Nu Skin which was Childhood Cancer ners in lieu of holiday gifts. ter manager for the Salt Lake • The Trump administration Enterprises, Awareness Month, Kneaders More than 5,000 winter coats Hope Avenue Walmart branch. has appointed Bruce Richeson Mark Watkins including locations throughout the nation have been donated to those in as the state executive direc- vice presi- sold elephant-shaped sugar need since the program’s incep- DIVIDENDS tor of the U.S. Department dent of sales operations and cookies and “Hope Fights tion. In conjunction with the • The board of directors of of Agriculture Utah Farm vice president of finance, Childhood Cancer” campaign- United Way of Salt Lake, Huntsman Corp., with main Service Agency. He previous- and he began his career at themed retail items to benefit this year’s recipient schools offi ces in Texas and Salt Lake ly served in that position from PricewaterhouseCoopers. He Schiffman’s work. During the are Copperview Elementary City, has declared at 12.5-cent 2006-09. The Farm Service graduated with both a bache- past two years, the company has (Midvale), Cottonwood High per share cash dividend on its Agency serves farmers, ranch- lor’s degree and master’s degree raised about $360,800 for the School (Murray), David common stock. The dividend is ers and agricultural partners in accounting from Brigham research. Gourley Elementary (Kearns), payable Dec. 29 to stockholders through the delivery of effective, Young University. Purple • Dominion Energy, with East Midvale Elementary of record Dec. 15. efficient agricultural programs. designs and manufactures cush- operations in Utah, recently (Midvale), Granite Park • The board of directors of Richeson has worked in various ions, pillows and other comfort donated $550,000 to 11 non- Junior High (Salt Lake City), SkyWest Inc., St. George, has aspects of Utah’s agriculture products. profit organizations providing Guadalupe School (Salt Lake declared a quarterly dividend industry, and most recently was support services to active duty, City), Hillcrest High School of 8 cents per share. The divi- a civilian contract negotiator for veteran and military families (Midvale), Kearns Junior dend will be paid Jan. 5 to the U.S. Air Force at Hill Air in seven states served by the High (Kearns), Kearns High shareholders of record Dec. 29. Force Base. He graduated from BEST KEPT company. Each organization School (Kearns), Lincoln Weber State University. SECRET IN will receive $50,000 for initia- Elementary (Salt Lake ENERGY/NATURAL tives that help meet the needs City), Midvale Elementary RESOURCES INVESTMENT UTAH. of veterans and their families. (Midvale), Midvale Middle • LGCY Power, Lehi, • Collective Medical, Salt Wire rope is where we The grants are being made School (Sandy), Moss Greg Butterfield has named Lake City, has secured $47.5 started. through the Dominion Energy Elementary (Salt Lake City), as chairman of the board. million in Series A funding. One of the largest shops Charitable Foundation, the Oquirrh Hill Elementary Butterfield has The company said the invest- company’s philanthropic arm. (Kearns), Roosevelt Ele- more than 25 ment will be used to expand in the Intermountain The National Ability Center, mentary (Millcreek), Sandy years of stra- and advance the company’s West. Slings made Park City, was among the recip- Elementary (Sandy), South tegic experi- care team collaboration network to your specifications. ients for its adaptive sports and Kearns Elementary (Kearns), ence. He has accelerating efforts to drive bet- Our staff has over 60 recreational programs for tran- West Kearns Elementary served in mul- ter patient outcomes nationwide. years of experience. sitioning service members and (Kearns) and Woodrow Wilson tiple execu- The funding was led by Kleiner their families. Elementary (Salt Lake City). tive, board Perkins. Bessemer Venture • The PRMI Giving Greg Butterfi eld and advisory Partners Maverick Ventures , , Network recently part- REAL ESTATE roles, includ- Kaiser Permanente Ventures, nered with the Kids In Need • Cushman & Wakefield ing with Omniture, as chief Providence Ventures, Peterson Foundation to raise $89,000 to executive officer of software Ventures and Epic Ventures provide free school supplies to see BRIEFS next page firm Altiris, and most recently also participated in the round. as chief executive officer of The company plans to hire more Vivint Solar and chairman of than 100 people in the next PHILANTHROPY the Board of Trustees of Utah 12-18 months, with most being • The Larry H. and Gail Valley University. based at the Salt Lake City Miller Family Foundation headquarters. has donated $5.3 million to the • TaskEasy Inc., Salt Lake We carry more than EXPANSIONS University of Utah to establish City, has secured $21.3 million • Sundance — a Salt Lake a diabetesheavy construction prevention program in Series C fi nancing. The City-based retailer of apparel, called “Driving Out Diabetes: A round was led by River Cities equipment. footwear, jewelry, accessories, Larry H. Miller Family Wellness Capital, with participation art and home décor — has Initiative.”Light equipment The initiative in will from Camber Creek, Moderne opened a store near San Diego. incorporate a three-pronged Ventures, Grotech Ventures, stock. Mixers, saws, Since August 2015, the com- approach to attack diabetes Access Venture Partners and pany has opened stores in eight throughpumps, prevention generators, and out- Delta Electronics Capital. locations, adding to two legacy reach, clinical care, and research stores. The company this month was jumping jacks, and and training.much Additionally, more. the

The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 7 Industry Briefs from previous page as managing principal of the piled by The Princeton Review the graduate program No. 15. institutions’ undergraduate and/ Utah offices, will remain with and mark the seventh time for The Princeton Review surveyed or graduate programs made the Cushman & Wakefield in Salt the UofU to be in the top 25. more than 300 schools offer- roster of top schools for 2018. has named Gary Mangum Lake City. Led by the David Eccles School ing entrepreneurship studies Details are at princetonreview. as managing principal of the of Business and its Lassonde for the rankings. Thirty-eight com/best-business-schools. firm’s Utah offices, based in RECOGNITIONS Entrepreneur Institute, the Salt Lake City. Mangum has • The University of Utah UofU was ranked No. 15 for nearly 40 years of experience in has been ranked as one of the undergraduate and No. 23 for real estate and top 25 schools in the nation graduate programs. The year- related busi- for entrepreneurship educa- ago rankings had the undergrad- ness. Mangum tion. The rankings were com- uate program listed No. 18 and most recently served as the Why share? regional man- Get your own copy! ager and prin- Why share? cipal broker of Get you own copy of Utah's Gary Mangum the Salt Lake To Subscribe City office of Call:Why premier801-533-0556 businessshare? news source. Marcus & Millichap. Prior to When it comes to snow removal, WE HAVE IT. or go online to: slenterpirse.com that, he was partner and man- Both commercial and residential. Get yourCall own 801-533-0556 copy! aging director with Synergy or go online to www.slenterprise.com Real Estate Development, We have sold and serviced Western snow plows managing director and prin- and sanders for more than 30 years. cipal broker for NAI West, To Subscribe managing director and princi- Call: 801-533-0556 pal broker at Coldwell Banker or go online to: Commercial NRT, and a partner slenterpirse.com and principal broker at Prime Commercial. He was recently the president-elect of the Utah Chapter of NAIOP and on an 4285 West 1385 South advisory board position of the Salt Lake City, Utah 84104 Utah CCIM chapter. Trigger 1-800-442-6687 www.semiservice.com Reital, who previously served

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million, or 23 cents per share, for million, or 7 cents per share, for the quarter ended Oct. 28. That the same quarter a year earlier. CORPORATE FINANCIAL REPORTS compares with $10.5 million, or Revenue in the most recent 25 cents per share, for the same quarter totaled a company-record The following are recent officer, said in announcing the provides petroleum product quarter a year earlier. $64.7 million, up from $55.2 financial reports as posted by results. “In addition, we continue and crude oil transportation, Sales in the quarter totaled million in the year-earlier quarter. selected Utah corporations: to make material progress on our terminalling, storage and $218.1 million, up from $217.2 Control4 provides growth projects and programs throughput services to the million in the year-earlier quarter. automation and networking Dominion Energy and we’re on track for the best petroleum industry, including Sportsman’s Warehouse is systems for homes and businesses. Dominion Energy, based in safety record in the history of our HollyFrontier Corp. subsidiaries. an outdoor sporting goods retailer. “We continue to execute on Virginia but which acquired Salt company.” The partnership, through its “Our third-quarter results our strategy to enhance and deliver Lake City-based Questar Corp. subsidiaries and joint ventures, were largely in line with our industry-leading connected- last year, reported net income of Holly Energy Partners owns and/or operates petroleum expectations and reflected home solutions through our $665 million, or $1.03 per share, Holly Energy Partners LP, product and crude gathering continued softness in firearms expert channel,” Martin Plaehn, for the quarter ended Sept. 30. based in Dallas but with operations pipelines, tankage and terminals and ammunition as well as a shift chairman and chief executive That compares with $690 million, in Utah, reported net income of in Utah and nine other states and in the timing of a planned third- officer, said in announcing the or $1.10 per share, for the same $42.1 million, or 66 cents per refinery processing units in Utah quarter new store opening into the results. “Worldwide, we are quarter a year earlier. share, for the third quarter ended and Kansas. fourth quarter,” John Schaefer, seeing positive reception by our Operating revenue in the Sept. 30. That compares with “We are pleased with our chief executive officer, said in dealers and end-customers for most recent quarter totaled $3.18 $34.8 million, or 33 cents per solid financial performance in the announcing the results. our new products released this billion, up from $3.13 billion in share, for the same quarter a year third quarter, which allowed us to “We again navigated a September across our Control4, the year-earlier quarter. earlier. maintain our record of continuous difficult operating environment Pakedge and Triad brands.” Dominion Energy has a The company said the quarterly distribution increases but were pleased to deliver gross portfolio of approximately 25,600 earnings increase was primarily and achieve our distribution margin expansion of 110 basis Franklin Covey megawatts of generation, 15,000 due to increased operating income growth target of 8 percent,” points, pay down debt for a Franklin Covey Co., based miles of natural gas transmission, from its Woods Cross refinery George Damiris, chief executive quarter-ending leverage ratio of in Salt Lake City, reported net gathering and storage pipeline, processing units of $8.9 million officer, said in announcing the 2.78x, reduce inventory by 8.7 income of $4.7 million, or 33 and 6,600 miles of electric and increased earnings from equity results. percent on a per-store basis and cents per share, for the fiscal transmission lines. Dominion investments of $1.3 million. “We expect to complete our make continued progress against fourth quarter ended Aug. 31. Energy operates one of the Revenues in the most recent previously announced acquisition our key strategic priorities as we That compares with $7.7 million, nation’s largest natural gas storage quarter totaled $110.4 million, up of the remaining interests in SLC focus on driving further market or 55 cents per share, for the same systems, with 1 trillion cubic feet from $92.6 million in the year- and Frontier pipelines, which share gains.” quarter a year earlier. of storage capacity, and serves earlier quarter. The increase was supply crude to refineries in the Revenue in the most recent more than 6 million utility and mostly due to the $16.6 million in Salt Lake City area, very shortly.” Control4 quarter totaled $59.5 million, retail energy customers. revenue recorded for the Woods Control4 Corp., based in Salt down from $64.8 million in the “We are pleased with our Cross processing units acquired Sportsman’s Warehouse Lake City, reported net income prior-year quarter. financial results for the quarter,” in the fourth quarter of 2016, the Sportsman’s Warehouse of $5.2 million, or 19 cents per Thomas F. Farrell II, chairman, company said. Holdings Inc., based in Midvale, share, for the third quarter ended president and chief executive Holly Energy Partners reported net income of $9.8 Sept. 30. That compares with $1.8 see EARNINGS page 18 Choking On Your Health Care Premiums? PREDICTABLE, AFFORDABLE, & CONVENIENT HEALTHCARE with

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Calendar listings are provided Social Media,” a Small Business cheon, a Murray Area Chamber an Employers Council event. The Design Workshop, a Small as a free service to our read- Development Center (SBDC) of Commerce event. Speaker class assumes knowledge of basic Business Development Center ers. Information about upcoming event. Location is the Orem is Kevin Biagi of Unishippers. I-9 completion, and drills down (SBDC) event. Location is Salt events may be sent to brice@ SBDC, 815 W. 1250 S., Orem. Location is Soy’s Sushi Bar & to more specialized informa- Lake Community College’s Miller slenterprise.com. The submission Free. Details are at https://www. Grill, 4923 S. State St., Murray. tion, including audits and correc- Campus, Corporate Partnership deadline is one week before pub- lication. sba.gov/tools/events. Details are at murraychamber.org. tions; practices related to foreign Center, Room 333, 9690 S. 300 nationals; and re-verifications. W., Sandy. Cost is $20, $15 for Nov. 29, 7:30-9 a.m. Nov. 30, 4-6 p.m. Location is Employers Council, SBDC clients. Details are at Nov. 28, 9-10 a.m. Utah Office, 175 W. 200 S., Suite https://utahsbdc.org/trainings. SBA 8(a) Program, a U.S. CFO Forum, a Utah “Design Your Future,” a 2005, Salt Lake City. Cost is Small Business Administration Technology Council event for Women Tech Council event. $130. Details are at https://www. (SBA) event. Location is the UTC-member CFOs. Location Speakers are Donna Morris, exec- Dec. 6, 8 a.m.-noon employerscouncil.org/training- Wallace F. Bennett Federal to be announced. Details are at utive vice president of custom- “Finance for Success,” a Salt catalog. Building, 125 S. State St., Salt utahtech.org. er and employee experience at Lake Community College event Lake City. Free. Details are at Adobe, and Aaron Skonnard, chief focused on creating common https://www.sba.gov/tools/events. Nov. 29, 8-9 a.m. executive officer of Pluralsight. Dec. 5, 9-11 a.m. understanding and knowledge of Salt Lake Chamber Capitol Location is Adobe, 3900 Adobe “Cash Flow is King: Creating the language of finance, money Club Meeting. Jason P. Perry, Way, Lehi. Registration can be Cash Flow Projections,” a Small and key measurements. Event pro- Nov. 28, 10 a.m.-2:30 p.m. completed at Eventbrite.com. Business Development Center vides an overview of financial Women’s Business Leader- vice president for government (SBDC) event. Location is Salt statements, key ratios and expense ship Conference, a Utah Hispan- relations at the University of Utah, Lake Community College’s Miller classification to build participants’ ic Chamber of Commerce event. will discuss “What Happened Dec. 1, 7:30-8:30 a.m. Campus, Corporate Partnership confidence in understanding the Theme is “Women on the Move: in the 2017 Elections, and What Eggs & Issues, a Murray Area Center, Room 110, 9690 S. 300 financial health and environment A Strategic Path for Personal and Does It Mean for 2018?” Location Chamber of Commerce event. W., Sandy. Cost is $20, $15 for of a business. Location is Salt Business Success.” Location is the is the Utah Capitol. Details are at Murray Police Chief Craig Burnett SBDC clients. Details are at Lake Community College’s Miller Utah Cultural Celebration Center, slchamber.com. will discuss “Crime Prevention in https://utahsbdc.org/trainings. Campus, 9750 S. 300 W., Sandy. 1355 W. 3100 S., West Valley Murray City.” Location is Mimi’s Cost is $300 ($150 for qualified City. Registration can be com- Nov. 29, 10:30 a.m.-noon Café, 5223 S. State St., Murray. Point of the Mountain Free (pay if ordering from the Dec. 5, 11:30 a.m.-1 p.m. Salt Lake County companies). pleted at Eventbrite.com. “Navigating International Update, a Sandy Area Chamber of menu). Open to the public. Details Details and registration are avail- Privacy Laws,” a Parsons Behle Commerce and Southwest Valley are at murraychamber.org. able by contacting Debbie Patten Nov. 28, 11 a.m.-1 p.m. & Latimer event. Attorney Tomu at [email protected] or (801) Women in Business Holiday Chamber of Commerce event. Johnson will discuss how an 957-5244. Boutique, presented by the Speaker Robert Grow, president Dec. 1, 8-10 a.m. increasing number of countries South Jordan, West Jordan and of Envision Utah, will discuss the First Friday Face to Face, are enacting data privacy laws that Southwest Valley chambers of progress and plans for the area a business-to-business network- Dec. 6, 8:30-10 a.m. stifl e the international transfer of commerce. Location is Springhill over the next decade. Location is ing event. Location is the Salt “Jump Start: Intro to data, and what companies can do Suites, 11280 S. River Heights Salt Lake Community College’s Lake Community College Miller Entrepreneurship,” a Salt Lake to lawfully transmit data, avoid Drive, South Jordan. Cost is $10 Miller Campus, 9750 S. 300 W., Campus, 9750 S. 300 W., Sandy. Chamber seminar taught by Deb scrutiny from privacy regulators for chamber members, $15 for Sandy. Free. Details are at san- Free. Details and registration are Bilbao, business consultant at and avoid large fi nes. Location is nonmembers. Registration can be dychamber.com. at http://bit.ly/2pr57ya. the Women’s Business Center Silicon Slopes, 2600 Executive completed at southjordanchamber. (WBC). Event is designed for all Parkway, Lehi. Free. Registration org. Nov. 29, 11:30 a.m.-1 p.m. Dec. 1, 8:30-11:30 a.m. entrepreneurs: those looking to go Professionals Networking “Grow Your Business: Phase can be completed at Eventbrite. into business, early startup stage com. Nov. 28, 11:30 a.m.-1 p.m. Group, a ChamberWest event. 1,” a Small Business Development or those looking to improve an Women in Business Location is Golden Corral, 3399 Center (SBDC) event. Location is existing business. Location is the Luncheon, an Ogden-Weber W. 3500 S., West Valley City. No the Orem SBDC, 815 W. 1250 S., Dec. 5, 11:30 a.m.-1 p.m. Salt Lake Chamber, 175 E. 400 Business Alliance Chamber of Commerce event. RSVP required. Details are at Orem. Free. Details are at https:// S., Suite 600, Salt Lake City. Free. Networking Luncheon, a Location is Hub 801 Events, chamberwest.org. www.sba.gov/tools/events. Details are at slchamber.com. Davis Chamber of Commerce 3525 Riverdale Road, Ogden. event. Location is Boondocks Cost is $20. Details are at Nov. 30-Dec. 1 Dec. 1, 9 a.m.-noon Fun Center, 525 Deseret Drive, Dec. 6, 2-6 p.m. ogdenweberchamber.com. Summit 2017, a director “Pitch Perfect: Master Your “VentureCon” Student Kaysville. Free. Details are at and officer training conference Two-Minute Funding Pitch,” Business Trade Show, a UVU davischamberofcommerce.com. Nov. 28 designed for board chairs, corpo- a Salt Lake Chamber event. (Utah Valley University) Entrepre- Deal Forum, a VentureCapital. rate directors and senior executive Location is the Women’s Business Dec. 5, 6-7 p.m. neurship Institute event showcas- org event. Company presentations officers of publicly traded cor- Center, 175 E., 400 S., Suite 600, ing businesses and products devel- Legal Clinic, a Small are 3-5 p.m. Investors Choice porations and corporations grow- Salt Lake City. Cost is $14. Details oped by UVU students. Location Business Development Center Conference Cooperative Venturing ing toward publicly traded status. are at slchamber.com. is UVU Main Campus, Hall of (SBDC) event. Location is the kickoff reception is 5-6 p.m. Event Location is Montage Deer Valley Flags. Free. Registration can be SBDC Orem, 815 W. 1250 S., is a live-pitch event featuring Resort, 9100 Marsac Ave., Park Dec. 1, 11:30 a.m.-1 p.m. completed at Eventbrite.com. Orem. Free. Details are at www. entrepreneurs seeking capital for City. Cost is $600. Details are at WBN Christmas Luncheon sba.gov/tools/events. their ventures. Location is Access summitconf.org. 2017, a Utah Valley Chamber Dec. 6, 6-8 p.m. Salt Lake, 175 W. 200 S., No. 100, event. Location is Thanksgiving RSL and Startup Santa Dec. 6-7 Salt Lake City. Registration can be Nov. 30, 9:30 a.m.-2 p.m. Point Garden Room, 2002 Mixer. Location is Rio Tinto “Boots to Business,” a two- completed at Eventbrite.com. First-Ever Women in Thanksgiving Way, Lehi. Cost Stadium, Audi Executive Club, step entrepreneurial training Business Summit, a Davis is $30 for members, $35 for Sandy. Admission is through program offered by the U.S. Nov. 28, 5-7 p.m. Chamber of Commerce event. nonmembers. Details are at a requested $25 donation to Small Business Administration Holiday Open House 2017, a Theme is “Women Who Unite.” thechamber.org. Startup Santa children’s book (SBA) as a training track within Salt Lake Chamber event in part- Featured speakers are Ally Isom, drive. Event is for those age 21 the Department of Defense’s nership with the Women’s Busi- director of institutional messaging Dec. 1, 11:30 a.m.-1 p.m. and older. Details are at https:// Holiday Open House, a Transition Assistance Program ness Center, Women’s Leadership for the Church of Jesus Christ realsaltlakeandstartupsantamix. Sandy Area and Southwest Valley (TAP). Location is Hill Air Institute and Downtown Alliance. of Latter-day Saints, and Carine splashthat.com/. Location is the Salt Lake Cham- Clark, president and chief executive chambers of commerce event. Force Base, Airmen and Family ber, 175 E. University Blvd. (400 offi cer of Banyan. Location is Location is River Oak Golf Readiness Center, 5837 D Ave., S.), Suite 600, Salt Lake City. Davis Conference Center, 1651 Course, 9300 Riverside Drive, . Free. Details Dec. 7, 8-9:30 a.m. UTC Industry Breakfast, Free, but registration is requested. N. 700 W., Layton. Details are at Sandy. Free. Registration can be are at https://www.sba.gov/tools/ a Utah Technology Council Details are at slchamber.com. davischamberofcommerce.com. completed at Eventbrite.com. events. event. Location is Thanksgiving Nov. 28, 6-8 p.m. Nov. 30, 11:30 a.m.-12:30 p.m. Dec. 5, 8 a.m.-noon Dec. 6, 8 a.m.-noon “Maximum Exposure with Chamber Networking Lun- “Advanced I-9 Practice,” Intensive Human-Centered see CALENDAR page 14 10 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal

SPORTS MEDICINE FACILITIES Listed Alphabetically List Development Laneace Gregersen | [email protected]

Company Name Phone Address Web Primary Services Owner/Operator

Alpine Sports Medicine Orthopedic, sports rehab, back & neck, golf analysis & 435-645-9095 2645 E. Parleys Way conditioning, aquatic therapy, cardiac rehab, Michael Jennings 1 alpinesportspc.com SLC, UT 84109 neurological injury, etc. Our extensive experience & training allows for complete Alta View Sports Medicine 801-571-9433 coverage of all orthopedic conditions & work-related injuries. 74 E. Kimballs Lane, Ste. 230 altaviewsportsmedicine Anthony Gordon 2 We deliver leading-edge treatments for chronic pain & acute Draper, UT 84020 .com injuries Center of Orthopedic & Rehabilitation Excellence Physician Group of Utah, 385-877-7100 Hand & arm, elbow, shoulder, spine, hip, knee, foot & ankle, 13348 S. Market Center Drive Farley Sowards, Director 3 utahorthopediccenters.com sports medicine Riverton, UT 84065 of Orthopedic Services

Davis Orthopedics & Sports Medicine 801-820-3755 Physician Group of Utah Comprehensive range of surgical & non-surgical orthopedic 1407 N. 2000 W. utahorthopediccenters Farley Sowards, Director 4 and sports medicine care for patients of all ages Clinton, UT 84015 .com of Orthopedic Services

Endurance Orthopedics and Sports Medicine 801-424-5042 Injuries, rehabilitation & prevention, specialized care to 2645 E. Parleys Way., Ste. 500 Farley Sowards 5 enduranceortho.com recreationists & for general orthopedic issues SLC, UT 84109

Heiden Orthopedics 435-615-8822 6 6360 S. 3000 E., Ste. 210 heidendavidsonortho Knee, shoulder, hand, wrist & elbow, spine, hip, foot & ankle Eric Heiden SLC, UT 84121 .com

LiVe Well Center-Salt Lake 385-282-2700 Our services focus on improving the health & wellness of 389 S. 900 E. intermountainhealth Intermountain Healthcare 7 every individual regardless of age or condition SLC, UT 84102 care.org

Lone Peak Orthopedics 801-571-7061 Dr. Gordon R. Kimball We are dedicated to utilizing the best technology available for 9844 S. 1300 E., Suite 275 lonepeakorthopedics Dr. Donald A. Schmidt 8 treatment of your orthopedic problem Sandy, UT 84094 .com Bryan A. Clark

McKay-Dee Sports Medicine 801-387-2775 9 4401 Harrison Blvd. intermountainhealth Utah's premiere orthopedics & sports medicine clinic Intermountain Healthcare Ogden, UT 84403 care.org

Orthopedic Specialty Group-Alta View 801-501-6150 10 9450 S. 1300 E., Ste. 120 orthopedicspecialtygroup Sports-related injury treatment & supervision * Sandy, UT 84094 .com Orthopedic Specialty Group- 801-507-3475 Intermountain Medical Center Branch of medicine concerned with the musculoskeletal orthopedicspecialtygroup Intermountain Healthcare 11 5169 Cottonwood St., Ste. 430 system .com Murray, UT 84107 Orthopedic Specialty Group-LDS Hospital 801-408-8700 12 324 E. 10th Ave., Ste. 100 orthopedicspecialtygroup Sports-related injury treatment & supervision Intermountain Healthcare SLC, UT 84103 .com

Orthopedic Specialty Group-Riverton Hospital 801-285-4650 13 3723 S. 12600 S. orthopedicspecialtygroup Sports-related injury treatment & supervision Intermountain Healthcare Riverton, UT 84065 .com

Orthopedic Specialty Group-TOSH 801-314-2996 Wide variety of orthopedic, physical therapy, sports medicine, 5848 S. Fashion Blvd., Ste.120 Intermountain Healthcare 14 toshutah.com & sports training services, the highest quality of care Murray, UT 84107

Peak Physical Therapy and Sports Medicine 801-571-6600 State-of-the-art facility, positive & fun atmosphere, 12198 S. State St., Ste. 3 * 15 peakptdraper.com all insurances accepted Draper, UT 84020

Professional Physical Therapy and Sports Medicine 801-855-6841 155 W. Canyon Crest Rd., Ste. 100 Neck, shoulder, back, hip, knee * 16 physicaltherapists.com Alpine, UT 84004

Salt Lake Clinic Orthopedics Hip & knee replacement, sports medicine, hand & wrist, 385-282-2450 389 S. 900 E. physical therapy, spine, shoulder surgery, foot & ankle, * 17 saltlakeclinic.org SLC, UT 84102 physiatry

South Mountain Sports Medicine & Rehabilitation 801-523-3415 General physical therapy & pain management, post-surgical 18 12226 S. 1000 E., Ste. 1 southmountainrehab rehabilitation, sports injuries, outpatient orthopedics, neck & Kevin Shepherd Draper, UT 84020 .com back pain, general joint pain, chronic pain

University of Utah Healthcare Sports Medicine 801-587-2222 Rehabilitation, treatment & training process dedicated to 590 S. Wakara Way Bart Adams 19 healthcare.utah.edu getting you back on the fi eld of play in sports, work or life SLC, UT 84108 Utah Valley Orthopedics and Sports Medicine 801-357-1200 Wide variety of care including every-day injuries, 1157 N. 300 W. intermountainhealth Intermountain Healthcare 20 concussions, total joint replacement, etc. Provo UT, 84604 care.org

*Did not disclose. Please note that some fi rms chose not to respond, or failed to respond in time to our inquiries. All rights reserved. Copyright 2017 by Enterprise Newspaper Group. The Enterprise strives for accuracy in its list publications. If you see errors or omissions in this list, please contact us at [email protected]. The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 11

HEALTH INSURANCE COMPANIES Ranked by Number of Utah Individuals Covered 2016 List Development Laneace Gregersen | [email protected]

Company Name Phone Address Web Insurance Products Offered Top Local Executive No. of Utah Individuals Covered 2016 No. of Utah ces Offi No. of Utah Employees Est. Year

Regence BlueCross BlueShield A mix of traditional & innovative health insurance of Utah 801-333-2000 & well-being offerings, ranging from fully insured Jim Swayze 528,000 1 359 1944 1 2890 E. Cottonwood Parkway regence.com & self-insured health insurance to stop-loss, life President SLC, UT 84121 insurance & pharmacy transparency solutions UnitedHealthcare 801-982-4500 TPO, ASO, Choice Plus, Options PPO, 2525 Lake Park Blvd. 520,066 16 1,137 1973 Pam Gold 2 uhc.com HMO, Medicare West Valley City, UT 84120 EMI Health 800-662-5850 Steven C. Morrison 852 E. Arrowhead Lane 223,831 1 162 1935 Medical, dental and vision 3 emihealth.com President & CEO Murray, UT 84107 Humana 801-256-6200 Medicare Advantage, dental, vision, life, 9815 S. Monroe St. 46,100 1 90 1980 Sean Jolley 4 humana.com wellness (Go365) Sandy, UT 84070 Aetna 10150 Centennial Parkway 1-800-365-1334 Group health, individual health, group dental, Todd Trettin * 1 1,000+ 1853 5 Ste. 450 aetna.com group vision, group life & group disability Market President Sandy, UT 84070 Cigna 800-261-5731 Medical, dental, pharmacy, life, vision, disability 5295 S. 320 W., Ste. 280 * 1 * 1792 Kim Bimestefer 6 cigna.com & behavioral benefi ts SLC, UT 84107 SelectHealth 801-442-5000 5381 Green St. * 2 1,400+ 1984 Medical, dental, vision, pharmacy, life & disability Patricia Richards 7 selecthealth.org Murray, UT 84123

*Did not disclose. Please note that some fi rms chose not to respond, or failed to respond in time to our inquiries. All rights reserved. Copyright 2017 by Enterprise Newspaper Group. The Enterprise strives for accuracy in its list publications. If you see errors or omissions in this list, please contact us at [email protected].

BIOUTAH in Salt Lake City that will expand nership (UCAP) grant to develop cludes serving on the board of Year awards. Prior to the found- its device, design and manufactur- a Medical Innovations Pathways directors of USTAR and being ing of NPS in 1986, Jackson was from page 2 ing capabilities and accommodate pilot program that has now ex- awarded the 2002 Utah Gov- on the faculty of the University of more than 500 employees. Bio- panded to four additional school ernor’s Medal for Science and Utah School of Medicine, focus- Technology Medal for success- merics is also an employer partner districts. Technology and 1998 Ernst & ing his research in the area of de- fully pioneering a new class of in the Medical Innovations Path- • Medical Innovations Young Utah Entrepreneur of the velopmental neurobiology. biomaterials for orthopedics. ways program. Pathways Student Achieve- Powers was recognized for • Outstanding Corporate ment Award: Timothy “Cort” uniquely comprehensive set of his work at Bard Access Sys- Contribution Award: Nelson Olschewski was awarded this MSS services we provide to our cus- tems. During his tenure there, re- Laboratories, recognized for dem- fi rst-of-its-kind award and $1,500 from page 4 tomers, which in turn allows us search and development became onstrating the highest standards of scholarship after becoming one of to deliver increased value for our one of the company’s fastest- quality, commitment to communi- the fi rst students to successfully shareholders.” growing divisions. Powers holds ty-building and success that high- complete the pathways program Authority Bridge, Mile High Sta- “Our team is excited to join 50 U.S. patents, largely in medi- lights Utah as a desirable place to and earn a medical innovations dium (home of the NFL’s Denver Schuff Steel and the DBM Glob- cal devices, and more than 200 do business. Nelson dates back to certifi cate. Broncos), Paris Hotel & Casino al family of companies, includ- international patents. In 2011, its founders, Dr. Jerry R. Nelson In addition to his academic in Las Vegas, and many other ing DBM’s other complemen- he received the Utah Governor’s and Lynda S. Nelson. Son Jeffrey achievement, Olschewski, a 2017 bridges, athletic stadiums, com- tary businesses: BDS VirCon, Science and Technology Medal. Nelson, the company’s president, graduate of Hunter High, was rec- mercial buildings, hospitals and Candraft and PDC,” said Chris • Outstanding Entrepre- has carried on his parents’ lega- ognized for working part-time at power plants. Olsen, president of MSS. “We neurial Spirit Award: Travis cy, leading a 600-plus-employ- Merit Medical, where he’s gaining The MSS operation will be have a rich tradition of provid- Sessions, chief executive offi cer ee, global organization that helps practical experience while pursu- integrated into DBM’s subsidiary of Biomerics LLC and a found- ing the fi nest-quality product, life sciences manufacturers bring ing a mechanical engineering de- Schuff Steel Co. ing partner of Med Venture Hold- on schedule, to valued custom- products to market. gree at the University of Utah. “The acquisition of Moun- ings, recognized for starting Bio- Nelson is a business unit of Merit is an employer partner and ers and our team will continue tain States Steel will enhance merics in 2009 from a custom Sterigenics International LLC and mentor in the Medical Innova- to make that happen as part of Schuff Steel’s fabrication ca- contract injection molding com- is also an employer partner in the tions Pathways program, offer- Schuff Steel.” pabilities in the bridge and in- pany formerly known as Utah Medical Innovations Pathways ing Olschewski the opportunity to DBM said it will complete frastructure sectors and provide Plastics Group. Today, Biomer- program. earn while he learns. the acquisition with cash on hand ics has seven business units with • Outstanding Public Ser- • Willem J. Kolff Lifetime additional fabrication capac- and that the agreement is expect- operations in four U.S. locations. vice Award: Granite School Dis- Achievement Award: Hunter ity to support projects in Utah ed to close in the fourth quarter Biomerics has experienced trict, recognized for its initiative, Jackson, co-founder and chairman and across the western United of 2017. a 400 percent growth in sales in leadership and partnership in of the board of Navigen. Jackson States,” said Rustin Roach, CEO HC2 Holdings Inc. is a pub- its eight years of doing business helping to establish the Medical also was co-founder, chairman of DBM Global. “We are espe- licly traded diversifi ed hold- as a full-service polymer solution Innovations Pathways program. and CEO of NPS Pharmaceuticals cially excited about the addition ing company that acquires and provider and contract manufac- Superintendent Martin Bates ac- Inc., which developed products of MSS’s bridge fabrication ca- grows businesses across the turer for the medical device and cepted the award for the district. for patients with kidney disease pabilities, which builds upon our business sectors of construction, biotech industries. Sessions has Sandi Hemmert, CTE specialist and the rare diseases of short bow- recent acquisition of Candraft marine services, energy, tele- also demonstrated a home-grown for the district, along with several el syndrome and hypoparathyroid- VSI, a premier bridge detailer communications, life sciences commitment to entrepreneurship instructors, worked closely with ism. and 3D modeler. Through acqui- and insurance. Founded in 1994, as Biomerics will be relocating BioUtah in implementing a 2016 Jackson’s history of contrib- sitions of complementary compa- HC2 is headquartered in New to a new corporate headquarters Utah Cluster Acceleration Part- uting to the industry in Utah in- nies, we continue to enhance the York City. 12 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal

COMMERCIAL INSURANCE AGENCIES Listed by Premium Volume in Utah 2016 List Development Laneace Gregersen | [email protected]

Company Name Phone Address Web Specialties Owner/Offi cer Premium in Volume Utah 2016 Year Est. No. of Utah Licenced Agents No. of Utah Employees No. of Utah ces Offi No. of Worldwide ces Offi

The Leavitt Group Commercial property & casualty, 435-586-6553 Eric O. Leavitt 216 S. 200 W. $1.5B 1952 290 549 27 135 employee benefi ts consulting, risk 1 leavitt.com CEO Cedar City, UT 84720 management Marsh USA Inc./Mercer 801-533-3600 Health & Benefi ts Property, casualty, health & benefi ts Taylor Wray marsh.com $655.3M 1923 51 53 1 400 2 15 W. South Temple, Ste. 700 brokerage & consulting Kelly Esselman mercer.com SLC, UT 84101 Moreton & Company Commercial P&C, group employee 801-531-1234 101 S. 200 E., Ste. 300 $452M 1910 118 149 3 5 benefi ts, voluntary benefi ts, surety, William R. Moreton 3 moreton.com SLC, UT 84111 public entity, construction, healthcare Arthur J. Gallagher Risk Management Services Inc. 801-924-1400 Performance-based insurance, risk John Schlichte 6967 S. River Gate Drive $180M 1927 13 34 1 710 4 ajg.com management strategies, core 360 Area President Ste. 200 Midvale, UT 84107 Diversifi ed Insurance Group 801-325-5000 Focus on working with venture-backed 136 E. South Temple Spencer Hoole diversifi edinsurance. $155M 2001 44 60 2 2 companies at all growth stages from 5 Ste. 2300 President/CEO com startup to IPO & beyond SLC, UT 84111 The Buckner Co. Inc. 801-937-6700 Habitation, construction, surety, benefi ts, 6550 S. Millrock Drive, Ste. 300 $154M 1936 33 121 2 5 Terry Buckner 6 buckner.com transportation SLC, UT 84121 Beehive Insurance Trucking, construction, manufacturing, Agency Inc. 801-685-6860 Doug Snow $92M 1961 19 47 1 1 nonprofi ts, bonding, health & benefi ts, 7 302 W. 5400 S. beehiveinsurance.com President business insurance SLC, UT 84107 American Insurance & Investment 801-364-3434 Commercial property/casualty, employee $46M 1952 14 37 1 2 D. David Bradshaw 8 448 S. 400 E. american-ins.com benefi ts, personal insurance SLC, UT 84111 USI Insurance Services 801-713-4540 Risk management for middle-market 1100 E. 6600 S., Ste. 280 $30M 1994 15 20 1 150 Mike Sicard 9 usi.com businesses including employee benefi ts SLC, UT 84121 Reliance Risk Management & Insurance 801-755-2839 Matthew D. Hunter 6975 S. Union Park Avenue * 1986 8 12 2 2 * 10 reliancermi.com President Ste. 600 Cottonwood Heights, UT 84047 SentryWest Insurance Commercial insurance, personal Services 801-272-8468 insurance, property & casualty, condos, * 1976 14 28 5 5 Brayden Jessen 11 3860 S. 2300 E. sentrywest.com HOAs, apartments, building lessor's risk, SLC, UT 84109 manufacturing, Realtors Summit Risk Management 801-563-1131 George Swan & Insurance Commercial insurance, contractors, summitrisk * 2000 * * 1 2 Mark Hunter 12 7430 S. Creek Road trucking, manufacturing management.com Brent Koplin Sandy, UT 84093 Trustco 801-278-5341 Greg T. Kingdon 2063 E. 3900 S., Ste. 100 * 1973 41 35 1 * * 13 trustcoinc.com CEO SLC, UT 84124

*Did not disclose. M=million, B=billion. Please note that some fi rms chose not to respond, or failed to respond in time to our inquiries. All rights reserved. Copyright 2017 by Enterprise Newspaper Group. The Enterprise strives for accuracy in its list publications. If you see errors or omissions in this list, please contact us at [email protected].

CPI Utah’s economy has had a large lowing sectors witnessed slight substantial price increases for full- likely that infl ationary pressures impact on the cost of living in- price increases: service meals. will continue in certain sectors from page 1 creases that Utahns are seeing • Education and telecommuni- Food at home, utilities, med- such as housing,” said Randy Shumway, chairman and part- statewide,” said Scott Anderson, cation prices increased 1.2 percent ical care and recreation prices all cantly following the busy summer ner at Cicero Group, a Salt Lake Zions Bank president and CEO. in October and 4.8 percent since remained unchanged from Sep- months. Prices in other areas of City market research fi rm that “It’s encouraging to see price sta- last year, as prices for Internet pro- tember. Continued price stability the economy remained relative- does data collection and analy- ly stable in October, a good sign bility within many s ectors of the viders continue to increase slight- should be a key component to a sis for the CPI. “The easing of for an economy that has witnessed economy, a trend that I anticipate ly. healthy statewide economy in the these pressures in the housing relatively high levels of infl ation continues in future months.” • Food-away prices increased future, Anderson said. sector, as we saw in October, is in recent months. Although prices in October 0.8 percent in October, and are up “As the Utah economy contin- a good sign that Utah’s growth is “This year, growth within remained relatively fl at, the fol- 5.2 percent year-over-year due to ues to grow at its historic pace, it is healthy and sustainable.” The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 13 MED SCHOOL According to a recent inde- and bring more than 121 medical breaking for NCOM would be in feasibility study and started to be- pendent economic impact study by school jobs to the county. It may March 2019 with an estimated come a reality about three years from page 1 Bonneville Research, the Noorda attract other health, medical, bio- completion date in January 2021, ago. The school expects to receive College of Osteopathic Medicine medical, biotechnology, retail and Wasatch Educational said. provisional accreditation through pursue a career in medicine and will provide more than $62 mil- related spin-off businesses. The process of bringing a the American Osteopathic Associ- provide a community choice for lion in construction business, pro- If the proposal submitted to medical school to Utah Coun- ation Commission on Osteopathic those already committed to a vide 236 construction-related jobs Provo city is approved, ground- ty started seven years ago with a College Accreditation. medical career while providing an increase in the quality of life for the people of Utah. It should also attract people to Utah Coun- ty from other states and countries who are interested in becoming physicians.” 5K Run or Walk • Kids Fun Run Wasatch Educational is con- sidering several Utah County Corporate Teams and Sponsorships Available! sites for NCOM and has submit- ted a proposal for its preferred location — a site that would dis- place 24 acres of Provo’s city- owned East Bay Golf Course — to the Municipal Council for consideration. The propos- Jolly for a Reason al drew strong criticism from golfers and a group led by Pro- vo Councilman Kay Van Buren, Jingle Bell Run is a fun way to get your employees and customers out, moving who organized a protest when word leaked out about the pos- and raising awareness and funds to conquer arthritis – the nation’s leading sible sale of the land to Wasatch cause of disability. Whether you prefer to walk or run, wear last month. A public hearing on the proposal is scheduled on your ugly Christmas sweater or tie Dec. 5. During its fi rst 50 years of jingle bells to your shoes, this 5K is operation, NCOM expects to graduate more than 8,750 phy- sure to spread smiles, holiday cheer sicians who may have an es- and a winning spirit! timated 1.4 billion patient en- counters and possibly affect the •Timed and untimed 5K run/walk lives of more than 4 billion fam- ily members over the course of a •Kids fun run standard 40-plus-year career, the company said. •VIP sponsor breakfast “Noorda College of Osteo- pathic Medicine graduates will • Indoor festivities become some of the best-educat- •Elf Village for kids ed physicians available,” said Dr. Richard P. Nielsen, vice president •Costume contests of Wasatch Educational. “Over time, the good they will perform •Raffle and awards will help millions of people, in- cluding many hundreds of thou- sands right here in Utah.” NCOM and RMUoHP will have an affi liated relationship but will remain independent in- stitutions overseen by separate boards. or call 801-713-5720 NCOM expects to join other Register online at JBR.org/SaltLakeCity Utah medical schools in address- 100% of your ing a growing physician short- age. Research from the Utah registration fee Medical Association Council and fundraising estimates the state will need ap- efforts go to a proximately 375 new physicians great cause. each year to meet medical needs. Locally sponsored by In 2015, the American Medical Association ranked Utah 49th in primary care physicians-to-pop- ulation ratio and 43rd in overall physicians-to-population ratios. Media sponsor And according to data from Utah universities, approximately 400 students leave the state each year to attend medical school in other states. 14 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal

BENEFITS BROKERS Ranked by Utah Premium Volume 2016 List Development Laneace Gregersen | [email protected]

Company Name Phone Address Web Specialties Owner/Managing Principal Premium in Volume Utah 2016 Est. Year No. of Utah Licensed Agents No. of Utah Employees No. of Utah ces Offi No. of Worldwide ces Offi

HUB International 6440 S. Wasatch Blvd. 801-943-2600 Medical, dental, life, disability, $400M 1998 5 25 1 400+ * 1 Ste. 235A hubinternational.com reinsurance, vision, ancillary SLC, UT 84121 Employee benefi ts, compensation, Gallagher consulting, international, well-being, 801-559-2929 6330 S. 3000 E., Ste. 670 $250M 1927 15 41 3 600+ benchmarking data, compliance J. Patrick Gallagher Jr. 2 ajg.com SLC, UT 84121 tools, technology, executive benefi ts, international, retirement Employee benefi t consulting/brokerage, Fringe Benefi t Analysts LLC 801-546-6004 private insurance pools, data analytics, 393 W. 1000 N. $57M 1970 66 38 7 8 Scott Deru 3 fbabenefi ts.com association plans, healthcare benchmark Layton, UT 84041 survey Ventris 10913 S. River Front Parkway 385-355-0000 Joel Mills $50M 1999 8 24 1 1 Insurance, employee benefi ts, consulting 4 Ste.100 ventris.com Marc Hale South Jordan, UT 84095 FirstWest Group of Benefi t & retirement plan consulting, Companies 801-224-9600 * 1987 28 40 2 2 wealth management, risk management, Dave Jackson 5 1139 S. Orem Blvd. fi rstwestcompanies.com HR solutions Orem, UT 84058 Employee benefi ts consulting services GBS Benefi ts Inc. 801-364-7233 highlighting population health strategies, 465 S. 400 E., Ste. 300 * 1989 37 147 4 9 Richard K. Fielding 6 gbsbenefi ts.com compliance & providing a superior SLC, UT 8411 employee experience Hays Companies Employee benefi ts, risk management, 801-505-6500 201 S. Main St., Ste. 2100 * 1994 * 20 1 37 data analytics, consulting, David Knoop 7 hayscompanies.com SLC, UT 84111 communications, technology, wellness

Poulton Insurance Services P&C insurance, commercial insurance, 801-484-4477 Steve Poulton 2137 E. 3300 S. * 1956 16 9 1 1 workers compensation insurance, 8 poultoninsurance.com Mike Poulton SLC, UT 84109 personal lines

RBI Benefi ts 801-298-5020 Individual & group health insurance, 655 E. Medical Drive, Ste. 102 * 2001 15 6 1 1 Blake Izatt 9 rbibenefi ts.com employee benefi ts Bountiful, UT 84010

Spectra Management 801-727-6000 Employee benefi ts, investments & 11650 S. State St., Ste. 200 * 1986 7 31 2 2 Brent Bennett 10 spectrabenefi ts.com retirement Draper, UT 84020 Utah Business Insurance Co. A strong emphasis on providing 10421 S. Jordan Gateway Blvd. 801-432-8121 * 2006 * 16 1 2 outstanding customer service & results- Ronald E. Nielsen 11 Ste. 400 utahbic.com oriented risk management programs South Jordan, UT 84095

*Did not disclose. Please note that some fi rms chose not to respond, or failed to respond in time to our inquiries. All rights reserved. Copyright 2017 by Enterprise Newspaper Group. The Enterprise strives for accuracy in its list publications. If you see errors or omissions in this list, please contact us at [email protected].

Dec. 7, 8 a.m.-2:30 p.m. Registration can be completed at Dec. 7, 11:30 a.m.-1 p.m. Registration can be completed at CALENDAR “Managing the Ill or Injured Eventbrite.com. Holiday Social, a West Eventbrite.com. from page 9 Worker Under the ADA, FMLA Jordan Chamber of Commerce and Workers’ Compensation,” Dec. 7, 9:30 a.m.-3:30 p.m. event. Location is West Jordan Dec. 7, 6-7:30 p.m. Point, 3003 N. Thanksgiving an Employers Council event. The “UHPP Annual Conference: City Hall, 8000 S. Redwood Road, “Start Smart,” a Small

Way, Lehi. Free. Other details class will provide a roadmap to Health Care Solutions for West Jordan. RSVPs can be sent Business Development Center guide employers through the intri- to [email protected]. to be announced. Details are at Utahns 2017,” a Utah Health (SBDC) event. Location is the cate compliance issues involved Policy Project event. Location is Details are at westjordanchamber. utahtech.org. Orem SBDC, 815 W. 1250 S., in managing an employee with Utah Cultural Celebration Center, com. Orem. Free. Details are at https:// a medical condition. Location is 1355 W. 3100 S., West Valley www.sba.gov/tools/events. Dec. 7, 8 a.m.-5 p.m. Employers Council, Utah Office, City. Cost is $30. Details are at Small Business Employer Dec. 7, noon-1:30 p.m. 175 W. 200 S., Suite 2005, Salt http://events.r20.constantcontact. “The Future of Point of Tax Withholding Workshop, Dec. 7, 6-7 p.m. Lake City. Cost is $185. Details com/register/event?oeidk=a07eeb the Mountain,” a Silicon Slopes a Small Business Development Accounting Clinic, a Small are at https://www.employer- om6g5c719bdbc&llr=buafl dxab. Town Hall Meeting presented Center (SBDC) event. Location is Business Development Center scouncil.org/training-catalog. by the Point of the Mountain Salt Lake Community College’s (SBDC) event. Location is the Dec. 7, 11:30 a.m.-1 p.m. Development Commission and Miller Campus, Corporate SBDC Orem, 815 W. 1250 S., Christmas White Elephant Envision Utah. Representatives Dec. 7, 8-9:30 a.m. Orem. Free. Details are at www. Partnership Center, Room 333, SLC Pacifi c Island Business Luncheon, a Murray Area of the commission will discuss sba.gov/tools/events. 9690 S. 300 W., Sandy. Cost Alliance December Breakfast Chamber of Commerce event. four scenarios for potential is $15, $10 for SBDC clients. Meetup. Location is SuperSaver Location is Brio Tuscan Grille, future development in the region. Details are at https://utahsbdc. by Albertsons, 1585 W. 3500 6173 S. State St., Murray. Details Location is Silicon Slopes, org/trainings. S., West Valley City. Free. are at murraychamber.org. 2600 Executive Parkway, Lehi. see CALENDAR next page The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 15

VISION CENTERS Listed Alphabetically List Development Laneace Gregersen | [email protected]

Company Name Phone Address Web Services Offered Owner/Offi cer No. Full- Utah Time Employees Onsite Optical Shop?

Broadway Eye Clinic 801-322-0467 Eye disease, eye conditions, contact lenses, Karri Buresh 250 E. Broadway, Ste. 110 visionsource-broadway 7 Yes 1 eyewear, vision therapy, dry eye Terry Berner SLC, UT 84111 .com

Clair Optical 801-466-3937 1025 E. 3300 S. 5 Yes Glasses, sunglasses, contacts Alan Seyboldt 2 clairoptical.com SLC, UT 84106

Cottonwood Eye and Laser Center Eye exams, tear duct procedures, eyelid surgery, 801-268-6600 201 E. 5900 S., Ste. 101 5 Yes eye muscle surgery, cataract surgery & LASIK Alan E. Jackson 3 cottonwoodeye.com Murray, UT 84107 surgery

The Eye Institute of Utah Cataracts, LASIK/PRK, ICL surgery, corneal inlays, 801-266-2283 755 E. 3900 S. 65 No glaucoma, retina, dry eye, cornea, eyelid & facial Robert J. Cionni 4 theeyeinstitute.com SLC, UT 84107 plastics, comprehensive eye care

Hoopes Vision 801-568-0200 LASIK, PRK, cataract surgery & many other 11820 S. State St. 60+ No Phillip C. Hoopes Sr. 5 hoopesvision.com vision-correction procedures Draper, UT 84020

John A. Moran Eye Centers Cataract, corneal disease & refractive surgery, 801-581-2352 65 S. Mario Capecchi Drive 565 Yes LASIK, glaucoma, pediatric ophthalmology, retinal Randal J. Olson 6 moraneyecenter.org SLC, UT 84132 diseases & surgery, urgent care, etc.

The LASIK Vision Institute 801-266-2010 Traditional LASIK, custom wavefront LASIK, PRK 7440 S. Creek Road, Ste. 150 lasikvisioninstitute 5 No The LASIK Vision Institute 7 laser eye surgery, bleph-EX, eye exams Sandy, UT 84047 .com

Salt Lake Eye Associates 801-281-2020 Complete eye exams, cataract surgery, LASIK, 1025 E. 3300 S., Ste. B 6 Yes Rachel S. Benator 8 saltlake-eye.com treatment for dry eyes, diabetic eye exams SLC, UT 84106

Standard Optical Comprehensive eye care, optometry, 801-886-2020 Aaron Schubach 11514 S. 4000 W., Bldg. H, Ste. 103 135 Yes ophthalmology, medical/surgical, LASIK, cataracts, 9 standardoptical.net Stephen Schubach South Jordan, UT 84095 pediatrics, corneal transplants, glaucoma

Utah Eye Centers General ophthalmology, LASIK, laser cataract 801-476-0494 440 D St. 90+ Yes surgery, KAMRA inlay, retina specialists, pediatric Jimmy Smith 10 utaheyecenters.com SLC, UT 84103 specialistS, cosmetic specialists

*Did not disclose. Please note that some fi rms chose not to respond, or failed to respond in time to our inquiries. All rights reserved. Copyright 2017 by Enterprise Newspaper Group. The Enterprise strives for accuracy in its list publications. If you see errors or omissions in this list, please contact us at [email protected].

Ogden. Free for WIB members. City. Cost is $249. Details are at Equity Crowdfunding,” an 175 E. 400 S., Suite 600, Salt CALENDAR Details are at ogdenweberchamber. www.pryor.com. EquityTrack.net event. Attendees Lake City. Cost is $10. Details from previous page com. will learn about the various ways are at slchamber.com. Dec. 12, 11:30 a.m.-1 p.m. to raise capital for a startup, Dec. 7, 6-7 p.m. Dec. 8, 8:30-11:30 a.m. Women in Business Holiday whether through an initial raise Dec. 13, 6-8 p.m. Health Insurance Clinic, “Grow Your Business: Phase Soiree, a Sandy Area Chamber of or a later round of fi nancing. “Starting Your Business a Small Business Development 2,” a Small Business Develop- Commerce event. Location is La Location is Silicon Slopes, 2600 101,” a Small Business Center (SBDC) event. Location is ment Center (SBDC) event. Loca- Caille, 9565 Wasatch Blvd., Sandy. Executive Parkway, Lehi. Free. Development Center (SBDC) event. Location is Salt Lake the SBDC Orem, 815 W. 1250 S., tion is the Orem SBDC, 815 W. Other details and registration are Registration can be completed at Community College’s Miller Orem. Free. Details are at www. 1250 S., Orem. Details are at available at Eventbrite.com. Eventbrite.com. sba.gov/tools/events. https://utahsbdc.org/trainings. Campus, Corporate Partnership Center, Room 114, 9690 S. 300 Dec. 13, 8:30 a.m.-1:30 p.m. Dec. 13, 5-7 p.m. Leadership and Culture W., Sandy. Free. Details are at Dec. 8, 7:30-8:30 a.m. Dec. 9, 9 a.m.-noon Business After Hours, “Simple Steps for Starting Conference, a Utah Valley https://utahsbdc.org/trainings. Eggs & Issues, a Murray an Ogden-Weber Chamber of Your Business,” a SCORE event. Chamber event. Location is Area Chamber of Commerce Commerce event. Location is Location is Main Library, 210 E. Corporate Alliance, 746 E. 1910 event. Speaker is from Habitat Myers Mortuary, 845 Washington Dec. 14, 11:30 a.m.-1 p.m. for Humanity. Location is Mimi’s 400 S., Conference Room E, Salt S., Suite 2, Provo. Cost is $125. Networking Lunch, a Blvd., Ogden. Cost is $10 for Café, 5223 S. State St., Murray. Lake City. Free. Details are at Details are at thechamber.org. Murray Area Chamber of chamber members and guests. Free (pay if ordering from the https://www.sba.gov/tools/events. Commerce event. Speaker is from menu). Open to the public. Details Dec. 13, 11:30 a.m.-1 p.m. Details are at ogdenweberchamber. Utah Media One. Location is are at murraychamber.org. Dec. 11 CEO Forum, a Utah com. Soy’s Sushi Bar & Grill, 4923 S. “Leadership, Team- Technology Council event for State St., Murray. Cost is $15 for Dec. 8, 7:45-9 a.m. Building and Coaching Skills UTC-member chief executives. Dec. 13, 3-5 p.m. members, $20 for guests. Details Women in Business for Managers and Supervisors,” Location to be determined. Details “The CEO Who Also Buys are at murraychamber.org. Networking, an Ogden-Weber presented by Fred Pryor Seminars are at utahtech.org. the Toilet Paper: Managing Chamber of Commerce event. & CareerTrack. Location is Multiple Roles,” a Salt Lake Location is the chamber, 2380 Holiday Inn Hotel & Suites, 5001 Dec. 13, 4-5 p.m. Chamber “Business Essentials” Washington Blvd., Suite 290, W. Wiley Post Way, Salt Lake “Raising Capital Through event. Location is the chamber, see CALENDAR page 19 16 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal Opinion Garrett just the type of guy to keep the Export-Import Bank honest Recently, Boeing confi rmed the pur- of the bank a grave injustice. Yet though his in loans to companies in these same coun- imposing costs on unsubsidized U.S. com- chase by China of 300 planes for the list- nomination would put Ex-Im back in busi- tries. For instance, Mexico’s state petroleum panies. He could also alert Congress of any ed price of $37 billion. This deal occurred ness entirely, they still hope to block him. conglomerate, Pemex, is by far the biggest wrongdoing by Ex-Im employees, something without any backing from the infamous You see, Garrett was a staunch opponent of borrower of Ex-Im’s largesse — with $8.5 previous presidents of the institution failed Export-Import Bank of the United States the Ex-Im Bank when he was in Congress, billion in loans backed by American taxpay- to do until it had become headline news. — an outfi t that lowers the cost of bor- so he’s exactly the kind of guy who could ers. The scandal-plagued company is also It’s still hard to argue that when the rowing for foreign companies bring much-needed accountabili- rich (98th on the Fortune Global 500 list). bank meets its board quorum and is al- when they buy some American ty and transparency to the agency. I’m sure the Mexican government is de- lowed to operate fully, business as usual goods, such as Boeing aircraft. As a reminder, during the hey- lighted to know that many in Congress are should prevail. Yet that’s what Boeing and This is interesting because day of the Ex-Im Bank, just 10 working hard to restore its line of credit. others are demanding. It will be instructive anyone listening to many lawmak- massive domestic companies ben- This is why Garrett’s nomination mat- to see which senators agree to do their bid- ers and the special interests that efi ted from 65 percent of the agen- ters. Make no mistake; I’m not happy that his ding and let the bank’s dysfunction persist. used to benefi t from the Ex-Im cy’s activities, which subsidized appointment would put Ex-Im back in busi- On a happier note, a failure of the com- Bank (e.g., Boeing, General Elec- VERONIQUE loans to equally massive and often ness. But at least he understands the many mittee to get Garrett through the confi rma- tric and the National Associations de RUGY state-owned foreign companies. problems with the institution — including tion process could allow a few of his sup- of Manufacturers) wouldn’t know Boeing alone benefi ted from 40 fraud, abuse and mismanagement. In fact, porters on that same committee to run the that such trade is possible in an era percent of Ex-Im’s activities. The even if you are an Ex-Im supporter, Garrett clock and prevent all other nominees from when the agency has been incapacitated. company shows no signs of slowing down is still the kind of guy you should want there. getting through. The upside to this — for Indeed, for well over two years now, and its profi t and market caps are much high- For one thing, there’s really nothing he those of us who understand Ex-Im’s hand- Ex-Im hasn’t been able to subsidize for- er than when Ex-Im’s charter expired. Yet could do to destroy the bank from the inside. outs to big companies — is that it would eign companies abroad or at home because somehow, these facts are happily ignored However, he could fl ag inappropriate loans, maintain the agency’s inability to lend mil- its charter expired for fi ve months. Even by those who want to see their crony win. making sure that when Iran buys Boeing lions of your tax dollars to foreigners for just once it was reauthorized, the bank didn’t Other irrational arguments are made planes, taxpayers aren’t subsidizing the deal. a few months longer. have enough members on its board to autho- to justify the existence of the bank. For in- Keep in mind that economists have shown rize deals over $10 million. That was over stance, it’s supposed to level the playing these export subsidies to boost the profi ts of Veronique de Rugy is a senior research fel- 85 percent of Ex-Im activities in the past. fi eld against countries that are hurting us Ex-Im benefi ciaries while hurting the coun- low at the Mercatus Center at George Ma- During a recent confi rmation hearing on trade, such as China and Mexico. Yet try as a whole. He could make sure the mis- son University in Virginia. for former Rep. Scott Garrett as the head of the agency used to subsidize — and will go sion of the bank is honored with as little eco- the agency, many senators deemed the state back to subsidizing — billions of dollars nomic distortions as possible, without unduly COPYRIGHT 2017 CREATORS.COM Trump now invested in a strategy that could destabilize Saudi Arabia

Donald Trump gave a speech recent- sons given seem suspect. He said, “Every that while taking on this bold and risky do- backed Shiite group Hezbollah from its ly grading his Asia trip. Not surprisingly, prince in Saudi Arabia has partaken in the mestic agenda, the crown prince has made position of power in Lebanon and pun- he thought it was a “tremendous success.” institutionalized corruption that is embed- a series of aggressive moves abroad. He ish Qatar for its alleged ties to the group. “Our great country is respected again in ded into the system. If this was really about has escalated Saudi intervention in Yemen, But for several years now, the Saudis and Asia,” he tweeted. All recent polling data corruption, Alwaleed is the last Saudi prince with bombing strikes and air, land and sea Americans have been in an unspoken al- from the region suggests the opposite. A you would go after.” blockades. He has tried to quarantine Qatar, liance with Hezbollah against the Islamic core focus of Trump’s trip was Japan and If fi ghting terrorism were a paramount hoping to turn it into a submissive satellite State, which is being defeated largely by South Korea, but only 17 percent concern, you would not humili- state. He apparently forced the Lebanese American-backed Kurdish forces and Ira- of South Koreans and 24 percent ate Mohammed bin Nayef, who prime minister to resign, hoping to desta- nian-backed Shiite militias. Iran’s infl u- of Japanese express confi dence in was crown prince until he was bilize the Shiite-dominated government. ence has been nefarious in some areas and him, down from 88 percent and 78 replaced by Mohammed bin All these are part of an effort to fi ght back helpful in others. percent who expressed confi dence Salman in June, and whose bank against Iran’s growing regional infl uence. In any event, the Saudi strategy does in President Obama during his accounts have now been frozen. These are blunt tools for the complex not seem to be working. The war in Ye- second term. Trump’s rhetoric of For the last decade, Nayef worked challenge that is the Middle East. The Sau- self-interest and “America First” closely with Washington in pros- dis are attempting to dislodge the Iran- was seen by Asians as a sign of re- FAREED ecuting the war against al-Qaida see ZAKARIA next page treat, in contrast to Chinese Presi- ZAKARIA and similar terror groups and was dent Xi Jinping’s more open, out- routinely and lavishly praised by ward-looking and ambitious agenda. American offi cials. But far from speaking However, Trump’s foreign policy faces out for this longtime ally, Trump actually a new challenge that could further disrupt tweeted his support for the purge, which the Middle East, already the most unstable has so far been carried out without specifi c part of the world. Trump has given the green charges or due process. light to an extraordinary series of moves in Saudi Arabia has historically rested on Saudi Arabia that can only be described as a three pillars of stability. There’s the royal revolution from above. Some of them sug- family, a large, loose group with 15,000- gest real and long-needed reforms. But all 30,000 members, which has intermarried appear to have the risk of destabilizing Sau- with a second pillar of Saudi society, the di Arabia and the Middle East. tribes. The two ally with the fi nal pillar, the Saudi Arabia’s new crown prince, Mo- country’s ultra-orthodox religious estab- hammed bin Salman, has moved to consoli- lishment, whose power has grown over the date power in all directions, jailing conser- last four decades. Mohammed bin Salman vative clerics on the one hand and advocates has been saying the right things about reli- of political reform on the other. His most gious moderation and has taken on all three recent targets have been some of the king- pillars. In doing so, he is altering the very dom’s most powerful princes, including structure of the Saudi regime, from a pa- the head of the National Guard as well as tronage state based on consensus to a police the billionaire investor Alwaleed bin Talal, state based on centralized control. on allegations of corruption. A senior Arab Time will tell whether it will work. statesman and businessman told me the rea- But the greater puzzle and danger is The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 17 Opinion There's a lot that the Democrats don’t want you to know about socialism My wife and I had our fi rst brush with supporters of big government liberalism. Chiang Kai-Shek in China and Russia under I have harped over and over that the 6 socialism/communism on a business trip to They are pushing socialized medicine, free the czars. million small-business owners who have China many, many years ago. We were fl y- public college, universal child care and paid Socialistic countries such as France and employees must become politically active in ing on a Chinese-owned airline from Canton family leave. But I am most saddened by Denmark are doing OK but the piper has order to get their employees to understand to Hangzhou and I could not get my seat to their policy of using regulations to control come calling and now they’re having trou- why it’s so important for them to vote their lock in an upright position. A per- the American public. ble paying their bills. Remember Margaret pocketbook. The small-business electorate, son behind me then made the fol- I have been reading the num- Thatcher’s memorable statement: “The trou- the American dream, is the most powerful lowing comment: “Don’t worry ber of interesting columns that ble with socialism is that eventually you run political party in our country and now it is about your seat; worry about the suggest that the American elector- out of other people’s money.” time for them to exercise their votes in an pilot because he only makes $99 a ate is not concerned with ideology. The Republicans are now in the throes organized and intelligent way. month.” For instance, in a New York Times of trying to pass tax reform and after reading “What is the American dream? The Both communism and social- essay written by Philip Converse, the comments about their bill, it looks like American dream is one big tent. And on that ism are based on theory of equal- “The Nature of Belief Systems the middle class is going to get some relief. big tent you have four basic promises: equal ity for all. There is a difference, ROBERT in Mass Politics,” the author said PEMBROKE But trust me, folks, it is not going to help protection under the law, equal opportunity, though. In pure communism, the that only 17 percent of American them enough. If the bill passes as is, the Re- equal access and fair share.” - Jesse Jackson state owns everything. People do voters could correctly assign the publicans will temporarily win a few elec- not have money to spend. In socialism, the terms “liberal” and “conservative” to the na- Robert Pembroke is chairman of Pem- tions but, watch out, Republicans, soon the state also owns everything but an individu- tion’s two major political parties. broke’s Inc. and considers himself on a per- middle class will realize that they’ve been al earns money and can spend it the way he After pondering these articles and col- manent sabbatical. He can be reached at taken to the cleaners again. wants. Both societies believe in free educa- umns, I came to the conclusion it’s all a [email protected]. tion, free healthcare, universal child care and bunch of hogwash and the American public paid family leave. The operative word here is couldn't care less. All people are interested ZAKARIA Middle East, tensions are rising, sectarian- “free.” in is whether they have enough money to put ism is gaining ground and, with a couple of Folks, nothing is free and this is where food on the table and the opportunity for a from previous page miscalculations or accidents, things could communism and socialism start to become better life for themselves and their families. spiral out of control. With Trump so fi rm- unhinged. History is a great predictor of the future men has turned into a disaster, creating a ly supporting the Saudi strategy, America Historically the Democrats used to be of and we should all take notice of what’s been failed state on Saudi Arabia’s border that could fi nd itself dragged further into the is seething with anger against Riyadh. Qa- a “center-left” ideology. Some of their major going on in socialist countries, past and pres- deepening Middle East morass. . supporters were the blue-collar union mem- ent. China has now gone to a one-man rule tar has not surrendered and doesn’t seem bers who now seem to be leaving the party in for the foreseeable future. This is dynamite likely to anytime soon. So far, the Shiites Fareed Zakaria’s email address is com- signifi cant numbers. and many societies that have tried it ended in Lebanon have acted responsibly, refus- [email protected]. Even The New York Times now is com- up in violent revolutions. Just check out Ger- ing to take the bait and plunge the coun- menting that the Democrats have become many under Hitler, Rome under the Caesars, try into civil war. But everywhere in the (c) 2017, Washington Post Writers Group

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18 • Nov. 27-Dec. 3, 2017 • The Enterprise - Utah's Business Journal

reported and economic growth our global distributor force and tables, rehabilitation equipment, room to grow,” Ryan Oviatt, EARNINGS in fiscal 2018, fiscal 2019 and customers regarding our key custom athletic training chief financial officer, said in from page 8 beyond.” initiatives. We have already made treatment tables and equipment, announcing the results. “What good progress on several of our institutional cabinetry, we have put in place has allowed For the full fiscal year, the LifeVantage 2018 initiatives, each of which is orthopedic soft goods and other us to enjoy significant year-over- company reported a net loss LifeVantage Corp., based focused on accelerating our global specialty products and supplies. year increases in revenue. of $7.2 million, or 52 cents per in Salt Lake City, reported net growth and further developing “The 56.8 percent increase “This quarter, we continued share. That compares with net income of $800,000, or 6 cents per our biohacking culture.” in sales for the quarter reflects our revenue growth trajectory and income of $7 million, or 47 share, for the first fiscal quarter the execution of the acquisition remained focused on positioning cents per share, for the prior ended Sept. 30. That compares Dynatronics strategy we have outlined to our the company for the future. fiscal year. Revenue in the most with $1.2 million, or 8 cents per Dynatronics Inc., based in shareholders,” Kelvyn Cullimore Profire has been able to manage recent fiscal year totaled $185.3 share, for the same quarter a year Cottonwood Heights, reported Jr., chairman and chief executive costs throughout the downturn million, down from $200 million earlier. net income applicable to common officer, said in announcing the and initial recovery, and will in fiscal 2016. Revenue in the most recent stockholders of $12,000, or zero results. “During the next several continue to do so as the company Franklin Covey creates quarter totaled $49.1 million, cents per share, for the fiscal quarters, we will continue to invests in additional products, and distributes content, training, down from $54.9 million in the first quarter ended Sept. 30. see the positive impact of our technology and people to keep up processes and tools that year-earlier quarter. That compares with a net loss of acquisition strategy through the with demand.” organizations and individuals LifeVantage offers health, $375,000, or 13 cents per share, addition of Hausmann sales, as use to transform their results. wellness and anti-aging products. for the same quarter a year earlier. well as sales from our acquisition Park City Group “We were very pleased “We generated strong Net sales in the most recent of Bird & Cronin that closed on Park City Group Inc., based by the momentum of the sequential earnings per share quarter totaled $12.8 million, Oct. 2, 2017.” in Salt Lake City, reported net business in the fourth quarter, growth during the first quarter up from $8.2 million in the income to common shareholders when compared to the fourth same quarter a year earlier. The and by the magnitude of the ClearOne of $214,000, or 1 cent per share, quarter and believe we are on increase was driven mostly by economics generated during ClearOne, based in Salt for the fiscal first quarter ended track to achieve our guidance the acquisition of Hausmann the quarter as shown by the Lake City, reported a net loss Sept. 30. That compares with for the full year,” Darren Jensen, Industries in August, which added growth in our deferred revenue of $9.3 million, or $1.09 per $428,000, or 2 cents per share, president and chief executive $4.7 million in revenue in the and unbilled deferred revenue,” share, for the third quarter ended for the same quarter a year earlier. officer, said in announcing the most recent quarter. Bob Whitman, chairman and Sept. 30. That compares with Revenues in the most recent results. Dynatronics designs, chief executive officer, said in net income of $1.2 million, or quarter totaled $4.7 million, up “I remain excited about the manufactures, markets and announcing the results. 13 cents per share, for the same from $4.2 million in the year- work we are doing to transform distributes medical devices, Whitman said the company quarter a year earlier. earlier quarter. expects to achieve “both strong our business and engaging with therapeutic and medical treatment Revenue in the most recent Park City Group is a quarter totaled $10.6 million, software-as-a-service provider down from $12.9 million in the focusing on helping retailers and year-earlier quarter. their suppliers increase sales and ClearOne designs, lower costs while simultaneously develops and sells conferencing, reducing compliance risks. collaboration and network streaming and signage Superior Drilling Products solutions for voice and visual Superior Drilling Products communications. Inc., based in Vernal, reported net “In the third quarter, we income of $586,000, or 2 cents delivered several sequential per share, for the third quarter improvements,” Zee Hakimoglu, ended Sept. 30. That compares president and chief executive with a net loss of $1.2 million, officer, said in announcing or 7 cents per share, for the same the results. “The total revenue quarter a year earlier. increase was driven by a large Revenue in the most recent order that included a mix of quarter totaled $4.4 million, up video and pro-audio products from $2.3 million in the year- with video products dominating earlier quarter. the mix, demonstrating our total The company designs solution strategy.” and manufactures drilling tool Hakimoglu said company technologies. officials “remain very confident “We delivered another in our product set, which quarter of solid growth as continues to receive awards. our Drill-N-Ream well bore Going into the fourth quarter, we conditioning tool continued to are confident 2018 will shape up gain market share combined to be a better year.” with the effectiveness of our go to market strategy and the year- Profire Energy over-year improvement in the oil Profire Energy Inc., based and gas industry,” Troy Meier, in Lindon, reported net income chairman and chief executive of $1.2 million, or 3 cents per officer, said in announcing the share, for the quarter ended Sept. results. 30. That compares with $74,000, “We believe the market or zero cents per share, for the appreciates the value of the same quarter a year earlier. unique capabilities of the DnR Revenue in the most recent and as a result we are seeing it quarter totaled $10 million, up being used in a widening scope from $5 million in the prior-year of applications. Importantly, our quarter. results clearly demonstrated the Profire creates, installs and significant operating leverage services burner and chemical we gain on higher volume. We management solutions in the oil plan to use the cash we generate and gas industry. to develop new technologies “The cost and company designed to lower the costs to structures we now have remain drill and complete oil and gas scalable and provide us with wells.” March 6, 2017

The Enterprise - Utah's Business Journal • Nov. 27-Dec. 3, 2017 • 19

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davischamberofcommerce.com. Associates will discuss changes CALENDAR to Social Security. Location to from page 15 Dec. 20, 3-5 p.m. be announced. Cost is $15 for “Jump Start: Intro to members, $20 for nonmembers. Details are at murraychamber.org. CLASSIFIED Dec. 14, 11:30 a.m.-12:30 p.m. Entrepreneurship,” a Salt Lake Annual Holiday Luncheon Chamber seminar taught by Deb and Awards, a Holladay Bilbao, business consultant at Dec. 21, 11:30 a.m.-1 p.m. CAREERS Chamber of Commerce event. the Women’s Business Center “Multiplying Lasting Location is Holladay City Hall, (WBC). Event is designed for all Profitable Relationships,” 4580 S. 2300 E., Holladay. entrepreneurs: those looking to go a West Jordan Chamber of FINANCE Cost is $35. Details are at into business, early startup stage Commerce event. Speaker is Visa U.S.A. Inc., a Visa Inc. company, currently has holladaychamberofcommerce. or those looking to improve an Clay Neves of Personal Sales openings in our Lehi, Utah location for: org. existing business. Location is the Dynamics. Location is West Senior Financial Analysts (Job# REF5924M) to cre- Salt Lake Chamber, 175 E. 400 S., Jordan City Hall, Community ate and maintain billing and operational data models to Dec. 14, 5:30-6:30 p.m. Suite 600, Salt Lake City. Free. Room, 8000 S. Redwood Road, Details are at slchamber.com. West Jordan. Free for members, support business decision making process during project WordPress Workshop, a life cycle. To apply, please reference Job# above when Small Business Development $15 for nonmembers. Details are Center (SBDC) event. Location Dec. 20, 5:30-6:30 p.m. at westjordanchamber.com. mailing resume to: LJ, Visa, Inc., MS: M1-12 SW, 900 is the Orem SBDC, 815 W. 1250 Tax Planning Clinic, a Small Metro Center Blvd., Foster City, CA 94404. EOE S., Orem. Details are at https:// Business Development Center Jan. 4, 11:30 a.m.-1 p.m. utahsbdc.org/trainings. (SBDC) event. Location is the Monthly Luncheon, a Murray Orem SBDC, 815 W. 1250 S., Area Chamber of Commerce Dec. 14, 6-8 p.m. Orem. Free. Details are at https:// event. Speaker Marlin Clark will TECHNICAL “Business Essentials,” a www.sba.gov/tools/events. discuss “Customer Service: Being Oracle America, Inc. has openings for Technical Small Business Development Nice is Not Enough.” Location is Analyst-Support positions in Lehi, UT. Job duties Center (SBDC) event. Location Dec. 20, 5:30-6:30 p.m. Cottonwood Country Club, 1780 include: Deliver solutions to the Oracle customer base QuickBooks Workshop E. Lakewood Drive, Holladay. is the Orem SBDC, 815 W. 1250 , while serving as an advocate for customer needs. S., Orem. Details are at https:// a Small Business Development Details are at murraychamber.org. utahsbdc.org/trainings. Center (SBDC) event. Location Offer strategic technical support to assure the highest is Orem SBDC, 815 W. 1250 S., Jan. 4, 6-7:30 p.m. level of customer satisfaction. Travel to various unan- Dec. 15, 7:30-8:30 a.m. Orem. Free. Details are at https:// “Start Smart,” a Small ticipated sites throughout the United States required. Eggs & Issues, a Murray www.sba.gov/tools/events. Business Development Center Apply by e-mailing resume to [email protected], Area Chamber of Commerce (SBDC) event. Location is the referencing 385.17625.7. Orem SBDC, 815 W. 1250 S., event. Location is Mimi’s Café, Dec. 21, 7:30-9 a.m. Oracle supports workforce diversity. 5223 S. State St., Murray. Free Monthly Coffee Social and Orem. Free. Details are at https:// (pay if ordering from the menu). Networking, a Holladay Chamber utahsbdc.org/trainings. Open to the public. Details are at of Commerce event. Location is 3 murraychamber.org. Cups Coffee, 4670 S. Holladay Jan. 5, 7:30-8:30 a.m. to the public. Details are at mur- Jan. 5, 8:30-11:30 a.m. Village Plaza, No. 104, Holladay. Eggs & Issues, a Murray raychamber.org. “Grow Your Business: Phase Free. Details are at holladaycham- Area Chamber of Commerce Dec. 19, 11:30 a.m.-1 p.m. 1,” a Small Business Develop- Business Alliance berofcommerce.org. event. Murray Police Chief Craig Jan. 5, 8-10 a.m. Networking Luncheon, a Burnett will discuss “Crime Friday Forum, a Utah Valley ment Center (SBDC) event. Loca- Davis Chamber of Commerce Dec. 21, 11 a.m.-noon Prevention in Murray City.” Chamber event. Location is Utah tion is the Orem SBDC, 815 W. Location is Mimi’s Café, 5223 Valley Convention Center, 220 event. Location is Boondocks Lunch & Learn, a Murray 1250 S., Orem. Details are at Fun Center, 525 Deseret Drive, Area Chamber of Commerce S. State St., Murray. Free (pay if W. Center St., No. 200, Provo. https://utahsbdc.org/trainings. Kaysville. Free. Details are at event. Speakers from Thorne & ordering from the menu). Open Details are at thechamber.org. 20 · Nov. 27-Dec. 3, 2017 · The Enterprise - Utah's Business Journal

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