www.slenterprise.com March 18, 2019 Volume 48, Number 34 $1.50 Transportation Weber & Davis CountiesTravel & Recreation leads largest CPI pages 15-18 PAGE 15 Sponsored by: drop in 3 years The cost of transportation includes the price of both gasoline and vehicles and both took a slide in February. Local trans- portation costs fell 3.6 percent last month, pages F1-F8 leading to the largest one-month drop in consumer prices in over three years. The Chad Heath (left), managing director at Endeavour Capital, makes a point during a panel discussion at last week’s ACG (Association for Corporate Growth) Utah Intermountain Growth Zions Bank Wasatch Front Consumer Price Conference and Capital Connection. Listening are (from left) Greg Warnock, co-founder and Index (CPI) fell 0.5 percent from January managing director of Mercato Partners; LeGrand Lewis, managing director at Sorenson Capital; to February, the biggest month-to-month and Bill Hunscher, partner at TZP Group. drop in 39 months. In the past 12 months, the CPI has Sponsored by: grown 3.9 percent, while the national Con- sumer Price Index has increased 1.5 per- 'Vibrant market' results in nearly cent. Gasoline prices — the primary con- tributor to the falling CPI — are at their 100 Utah acquisitions per year lowest point since December 2016. The ACG (Association for Corporate Growth) drop in overall transportation costs is the Brice Wallace Utah Intermountain Growth Conference largest since last March. The Enterprise and Capital Connection. “The decrease in gas prices has rip- “Utah is a very vibrant market,” said ple effects in the economy as shipping and Utah companies remain strong targets Geoffrey Loos, director of investment transportation costs decrease,” said Ran- for acquisitions, with a variety of factors banking at D.A. Davidson & Co. and pres- dy Shumway, chairman and partner at Ci- working in the state’s favor. ident of ACG Utah. “It’s generally in that cero Group, a Salt Lake City research fi rm Three of the past six years, the number 90-100-transaction range.” that does data collection and analysis for of acquired Utah companies has been 100 During the past decade, the number the CPI. “Overall goods prices tend to or more, and the 2018 fi gure of 91 trans- become cheaper as transportation costs actions followed a 102-deal 2017, accord- decrease.” see GROWTH page 4 ing to statistics discussed last week at the Housing and recreation costs both inched up in February, by 0.3 percent and 1.1 percent, respectively. Both housing and medical care prices have experienced Biskupski takes unilateral action, large year-over-year leaps, with housing prices increasing 8.3 percent and medi- cal care prices growing 11.7 percent since sues over Inland Port Authority February 2018. Comparatively, transpor- port was created and had threatened to sue tation prices saw their fi rst year-over-year John Rogers to stop it since the law passed during the drop since April 2017, ticking down 1.6 The Enterprise 2018 general session. Her action last week percent. was prompted by legislation that was mov- “The average Utahn spends 38.7 per- In a move that came as no surprise to ing through the 2019 session of the legisla- cent of their monthly expenditure on hous- most observers, Salt Lake City Mayor Jack- ture that would have banned a mayor from ing costs, which is the highest percent- ie Biskupski last week fi led a lawsuit in the unilaterally taking legal action against the age measured since July 2010,” Shumway 3rd Judicial District Court of Utah ques- port board by requiring full city councils to said. “The clearest cause remains Utah’s tioning the legality of creation of the Inland take such a move. The bill, HB433, passed strong and steady job market.” Port Authority by Utah’s Legislature. The late last week but only after the provision The Bureau of Labor Statistics report- mayor has objected to the way the board that would have prohibited Biskupski’s suit ed that Utah’s 12-month job growth has was formulated, saying it usurps “taxing was removed. been higher than 3 percent every January and land use authority over one-third of Salt since 2014. And unemployment, similarly, Lake City.” has stayed below 4 percent since March Biskupski has opposed the way the see BISKUPSKI page 4 2014. 2 • March 18-24, 2019 • The Enterprise - Utah's Business Journal Women Tech Council addresses tech gender gap - and ways to improve it “In order for a company to at- tech companies make cultural in- programs and cultures to create in- (in alphabetical order) 3M Health Brice Wallace tract and retain the best talent while clusivity a priority,” the report con- clusivity. WTC said the list moves Information Systems, Adobe, An- The Enterprise driving innovation and bottom-line cludes. “Gender inclusivity can be beyond hiring or human resource cestry, Chatbooks, Clearlink, Con- success, inclusive cultures must be more than the exception or an out- measures and instead “reviews and trol4, Cotopaxi, Dealertrack, De- Women Tech Council wants rooted in the organization’s DNA,” lier in the tech community. It can rates the development and success- greed, Dell EMC, Domo, eBay, to address the gender gap in the said Cydni Tetro, WTC’s president. and will have to become the stan- ful implementation of holistic, or- ExpertVoice, ForgeDX, Franklin technology sector and has issued a “By moving beyond single-fac- dard for any tech company that ganization-wide practices to create Covey, Goldman Sachs, Health report outlining ways to close it. tored solutions to deeper measures wants to compete in the industry inclusive cultures where women Catalyst, HealthEquity, Hire- The national organization, that anchor gender inclusivity fi rm- long term. Tech companies have can contribute and succeed.” Vue, IM Flash, inContact, InMo- based in Utah’s Silicon Slopes ly into an organization, the practic- the amazing opportunity to accel- “No matter the size or type of ment, Instructure, Intermountain area, also released a list of com- es outlined in this research can help erate gender inclusion and their technology company, having high- Healthcare, L-3 Technologies, panies it says are “accelerating re- increase the number of women profi ts by committing long-term to performance teams where men and Listen Technologies, Lucid Soft- moving the glass ceiling for wom- across the technology sector today WTC’s defi ned metrics.” women can contribute and succeed ware, MarketStar, MX, Myriad, en in tech” through programs and and ensure that diverse workforces The organization also released drives success at every level of the Northrup Grumman, O.C. Tanner, cultures to create inclusivity. are sustained in the future.” the fi rst series of best practices organization,” Tetro said. “High- Oracle, Overstock. Pluralsight, The report, titled “The Gen- The report says technology from its Diversity & Inclusion Fo- lighting and explaining these prac- Qualtrics, Recursion Pharmaceu- der Gap in Tech and How to Fix companies can speed the creation rum that details programs imple- tices accelerates progress for the ticals, RizePoint, SaltStack, Tesla, It,” cites a slew of statistics indi- of more inclusive and diverse mented by technology companies entire tech industry by amplifying Veracity Solutions, Vivint Smart cating that fi rms having women teams and cultures for women in to close the gender gap and cre- the programs that are making real Home, WCF Insurance, Workday, leaders have seen increases in net tech through: ate more inclusive cultures. It lists strides in creating more gender- Workfront and Zions Bancorpora- revenue, women-led private tech • Executive engagement, in Adobe’s policy to support parental inclusive cultures and propelling tion. companies achieve a 35 percent the form of active support from the leave, Pluralsight’s work to facili- their impact further to help organi- WTC released the report, best higher return on investment, and CEO, executive team and all lead- tate more-diverse tech hiring, and zations throughout the tech sector practices and Shatter List on Inter- having women on boards or in se- ership. Workfront’s efforts to close the pay grow closer to breaking the glass national Women’s Business Day. nior management and other factors • Company programming, by gap. ceiling.” Details are at www.womentech- have boosted companies’ market having women in executive lead- “Regardless of product or ver- The 2019 Shatter List includes council.org. share and profi tability. ership positions and proactively tical, research shows creating in- However, women account for implementing programs to support clusive environments that leverage only 16 percent of the members of women in technology. the talent of diverse teams propels executive teams in the U.S., with • Community investment, with a company’s overall revenue and Overstock still facing problems the fi guring being smaller in the active participation with the broad- profi tability,” Tetro said. “Identi- tech industry. “While making up Overstock Inc., the par- ery to GSR Capital of retail prod- er community to learn from and fying and disseminating the prac- almost half the U.S. workforce, ent company of Salt Lake City’s uct from Overstock for the inves- share best practices regarding cul- tices that are making real impact women hold less than 20 percent Overstock.com online retailer and tor’s online retail operations in the ture and inclusion. towards gender inclusion helps ac- of U.S. tech jobs,” it said. Many tZERO, a security token trading Far East. The deal stalled when the • Women’s or diversity and in- celerate adoption across the tech- women leave tech jobs because subsidiary, continues to struggle goods were not delivered. clusion groups, through formal pro- nology industry to build a more of poor workplace climates and as an anticipated equity invest- Overstock and the Hong grams to support women internally. robust, competitive and diverse mistreatment by managers and ment in the fi rm has stalled. Kong fi rm did sign a memoran- Research reveals that when community.” outlining an coworkers, as well as dissatisfac- Patrick Byrne, CEO of Over- dum of understanding woven together and implemented The organization also released investment of up to $100 million tion with pay and promotional op- stock, issued a statement recent- simultaneously, those four areas its second annual “Shatter List,” in common stock. This portunities, and only 38 percent ly in which he addressed the sta- tZERO “drive talent retention and high highlighting 46 tech companies investment is set to of U.S. companies set targets for tus of a $404 million investment close in April performance,” WTC said. that are accelerating removing the gender representation, according he previously announced would after due diligence and regulatory “Given the presented data and glass ceiling for women in tech by to the report. be coming from GSR Capital, approval, Byrne said. The invest- outcomes, WTC recommends that creating and enacting impactful a Hong Kong-based private eq- ment is a signifi cant drop from uity fi rm. In Byrne’s statement, Overstock’s initial $404 million in- he said that “the previously an- vestment announcement in which nounced GSR equity investment GSP Capital would purchase up in Overstock and tZERO has not to $270 million in tZERO equity, been completed” and that Over- $30 million in tZERO security stock is in discussions with GSR tokens and up to $104.55 million Capital and Makara Capital, a key in shares of Overstock.com. Civil Engineering partner of GSR Capital, regarding Meanwhile, Overstock.com a potential transaction. has laid off an additional approxi- Structural Engineering According to sources within mately 100 employees, adding to Overstock, the large investment the 100 employees let go earlier Missing a Piece? Laser Scanning & Land was contingent, in part, on deliv- this year. We Have You Covered Surveying Paving & Roofing Consulting Fusion BPO buys Ohio fi rm Landscape Architecture Fusion BPO Services of vant to our clients today and to- Draper has acquired Canton, morrow with a portfolio of capa- Ohio-based Ameridial Inc. Fu- bilities and capacities.” sion BPO is a global outsourc- In addition to its Ohio op- ing services provider that also has eration, Ameridial has addition- an operation in Kolkata, India. al call centers in North Caro- Ameridail provides telemarket- lina and Maine. It also has a ing services to the healthcare, re- subsidiary that provides telefun- tail, e-commerce and automotive draising services to nonprofi t or- dealer sectors. ganizations. It employs about 270 “The acquisition of Ameridi- people. al reinforces our commitment and Founded in 2004, Fusion strategy to deliver best-in-class, BPO’s 200 employees offer ser- value-creation customer engage- vices across eight countries: the Follow Us On: ment services to U.S. clients,” U.S., Canada, U.K., India, Phil- 801-255-7700 said Pankaj Dhanuka, CEO and ippines, El Salvador, Jamaica founding director of Fusion BPO. and Albania. This transaction rep- www.mcneilengineering.com “Both companies have a common resents the ninth acquisition that mission centered on being rele- Fusion has made in the industry. The Enterprise - Utah's Business Journal • March 18-24, 2019 • 3 Utah business organizations applaud decision to delay tax bill, create task force The Salt Lake Chamber, the tural imbalances among revenue upon the governor and the Legis- Days earlier, Miller issued a on services.” Utah Technology Council and oth- sources.” The task force, with five lature to allow for more time for statement saying the current ver- Many service-based busi- ers have hailed the Legislature’s House members and five senators, deliberation on efforts to modern- sion of the bill was “neither per- nesses, it said, predict that taxing delay on acting on a tax reform will get public feedback and pres- ize Utah’s tax code,” said Derek fect nor final.” services “will threaten their via- bill that would have decreased the ent its study recommendations to Miller, president and CEO of the Miller said the Salt Lake bility, create a barrier to business state sales and use tax rate but im- legislative committees by August. Salt Lake Chamber and Down- Chamber still wants to see tax development, and potentially lead posed a sales and use tax on ser- The task force creation oc- town Alliance. modernization. “We are confident to unintended consequences that vices. curred after HB441, the Tax “We recognize a policy a robust process of collaboration, could result in an economic slow- Meanwhile, during the gen- Equalization and Reduction Act, change of this magnitude requires coordination and dialogue will re- down and/or inflation,” the cham- eral session’s final day last week, passed in the House of Represen- a robust public process and ample sult in a policy that broadens the ber said. the Legislature approved a bill tatives, but the Senate announced discussion. For this reason, we’ve base, lowers the rates and mod- Among those testifying creating the Task Restructuring it would not take action on the bill been working around the clock ad- ernizes our tax system to secure against HB441 before the House and Equalization Task Force. The during the general session. vocating on behalf of our mem- Utah’s long-term economic suc- Revenue and Taxation Commit- group will study state and local “After hearing from a number bers in calling for more time to cess,” he said. tee — which advanced the bill to revenue systems and make rec- of our member businesses and lis- allow for the review and dialogue After the delay was an- the full House with a 12-2 vote ommendations “to address struc- tening to their concerns, we called this complex issue requires.” nounced, the Utah Technology — were representatives of Morris Council emailed a “thank you” to Murdock Travel, two television its members, saying that HB441 stations, the Utah Education As- would have taxed “services heav- sociation, the Utah State Bar and WTC Utah hosts Women’s Day celebration ily impacting our industry.” the Utah Land Title Association, World Trade Center Utah panelists and shared insights on lo- cess in meeting the commercial The council earlier had said as well as another representative (WTC Utah) co-hosted an Inter- cal resources to help your compa- and cultural demands of an ever- the state’s tech sector, much of of the broadcast industry, an in- national Women’s Day celebra- nies go global. WTA also honored evolving global marketplace.” which involves providing servic- vestment broker, a small-busi- tion on March 8 in cooperation Mary Beckerle, CEO of Huntsman Last year, the Utah Export es, would face a new tax burden ness owner and a private attorney. with the Women’s Business Cen- Cancer Institute, as International Acceleration Grant, which is made of 3.1 percent to 3.9 percent. That, A representative of Zions Bank ter of Utah (WBCUtah) and the Woman of the Year for her dedi- possible through a contribution by it said, would force businesses to spoke in favor of the bill. Salt Lake Chamber. The event, cation to advancing science across JPMorgan Chase & Co., enabled choose among several options: moderated by EDCUtah presi- the world. WTC Utah to award 36 grants to pass on the new taxes to consum- dent and WTC Utah board mem- “As the state’s oldest non- small to medium-sized businesses, ers, absorb the taxes as a “new profit organization dedicated to including 10 women-owned busi- cost of doing business in Utah,” ber Theresa Foxley, featured a UTAH’S BUSINESS JOURNAL advancing international trade and nesses. The 2018 Utah Pitch Com- or leave the state. panel of internationally success- USPS # 891-300 ful women who all shared their commerce, we are proud to cel- petition first-place winner, Harvest It also contended that HB441 Published weekly by: experiences and insights as well ebrate the global leadership of Lane Honey, is a women-owned would hurt self-employed people Enterprise Newspaper Group as the obstacles they had to over- Utah’s businesswomen in trans- business. “Winning the WTC Pitch in rural economies and “anyone come while conducting business forming our economy into a ma- Competition has allowed us to in- who relies on the Internet econo- 825 North 300 West Ste. NE220 jor player on the world stage,” said vest in our packaging to be compli- my,” including those involved in Salt Lake City, Utah 84103 abroad. 801-533-0556 FAX 801-533-0684 “The Women’s Business Meghan Stettler, vice president ant with our Canadian neighbors’ engineering, programming, cod- of WTA and communications di- language laws,” said Mindy Waite, www.slenterprise.com Center of Utah is proud to cele- ing and computer science “if not rector for the Governor’s Office CEO of the Utah-based beekeep- performed in-house.” brate the importance of women in PUBLISHER & EDITOR of Energy Development. “As the ing company. “This will allow us The Ogden-Weber Chamber R. George Gregersen our society by highlighting their number of women-owned busi- to expand into the Canadian mar- of Commerce also had pushed PRESIDENT accomplishments,” said Robbi D. nesses continues to rise, we are ket where we currently have a for the Legislature to postpone David G. Gregersen Richter, WBCUtah program di- committed to providing a forum of demand. WTC [Utah] has been HB441 “until further data can be [email protected] rector. “It is a day to reflect on the practical tools, solutions and con- a great resource for growing our collected and analyzed to better VP/GENERAL SALES MANAGER vital role women play in Utah’s nections to drive ever-greater suc- business internationally.” determine the impact of taxation Dale Dimond overall flourishing economy and [email protected] employment vitality growth.” MANAGING EDITOR In 2015, the McKinsey Glob- John M. Rogers [email protected] al Institute reported that advanc- ing women’s equality in trade, CONTROLLER Richard Taylor investment and commerce could [email protected] add $12 trillion to $28 trillion to OFFICE MANAGER global gross domestic product by Dionne Halverson 2025, Richter said. [email protected] “WTC Utah would like to be CLASSIFIED AND REAL ESTATE a part of the solutions that address [email protected] the challenges facing women as CIRCULATION they pursue global economic op- Dionne Halverson portunities,” said Suzette Alles, [email protected] COO of WTC Utah. “Increasing LIST DEVELOPMENT Laneace Gregersen international trade, and support- [email protected] ing women in their efforts to do ADVERTISING INQUIRIES so, helps companies grow, create [email protected] wealth and become more resil- TO CONTACT NEWSROOM ient.” [email protected] On March 7, WTC Utah also ART SUBMISSIONS participated in the 10th anniversa- [email protected] ry of the Women in International Subscription Rates: Online only, $65 per year Business Conference organized Print only, $75 per year by the World Trade Association Online and Print, $85 per year of Utah (WTA). The event fea- Any opinions expressed by the columnists are not tured approximately 30 business, necessarily the opinions or policy of Enterprise, government and educational lead- it’s owners or managers. Reproduction or use of contents without written consent of the publisher is ers representing Utah’s diverse in- prohibited. All rights reserved. ternational economy sharing their © 2013 Enterprise Newspaper Group Inc. perspectives and strategies for Periodical postage paid at Salt Lake City, Utah success in a global marketplace. POSTMASTER: Send address corrections to: P.O. Box 11778, Downtown Station Nicole Sherwood, grant manager Salt Lake City, Utah 84147 for WTC Utah, was among the 4 • March 18-24, 2019 • The Enterprise - Utah's Business Journal Employers Council named 2019 2019 science & tech medals announced ChamberWest small-biz honoree Utah Gov. Gary R. Herbert, along with the Olson, chair of the University of Utah Health De- ChamberWest, the trade or- the area,” said Ryan D. Nelson, Utah Science Technology and Research Initia- partment of Ophthalmology and Visual Sciences ganization that represents West president of Employers Coun- tive (USTAR), have announced the winners of the and CEO of the John A. Moran Eye Center. Valley City, Taylorsville, West cil’s Utah office. 2019 Governor’s Medals for Science and Technol- • K-12 Science Education Award: Diane Jordan and Kearns, named Em- Employers Council serves ogy. The medals will be presented to the four hon- Crim, Salt Lake Center for Science Education. ployers Council as its Small more than 4,500 employers with orees at the Utah Technology Innovation Summit • Industry Award: Intermountain Precision Business of the Year for 2019 over 70 human resource, organi- at the Grand America Hotel in Salt Lake City on Genomics. during its annual awards gala cel- zational development and survey April 1. The Utah Governor’s Medal for Science and ebration held late last month. professionals and 60 staff attor- This year’s winners are as follows: Technology is the highest civilian award bestowed “We congratulate Employ- neys out of offices in Salt Lake • Lifetime Achievement Award: Fred Lamp- by the state in those fields. The award was initiated ers Council on their well-de- City; Scottsdale, Arizona; and ropoulos, chairman and CEO, Merit Medical Sys- in 1987 and nominations are reviewed by a selec- served recognition as Chamber- Denver, Colorado Springs, Love- tems Inc. tion panel of industry experts and educators before West’s 2019 Small Business of land and Grand Junction, Colora- • Academic/Research Award: Dr. Randall J. being presented to the governor for final approval. the Year,” said Barbara S. Riddle, do. ChamberWest’s president and CEO. “Their tremendous contri- Port Authority board and Gov. GROWTH business climate here is fantas- butions have positively impacted BISKUPSKI Gary Herbert. tic,” he said. The state being con- countless employers and employ- The Utah Inland Port Au- from page 1 sistently ranked in the top three among best states for business ees throughout our community.” from page 1 thority was created on the last day of Utah companies acquired has also “helps, a lot,” Lewis added. ChamberWest’s Small Busi- of the 2018 session of the Utah ranged from 79 to 102 and the Chad Heath, managing di- ness of the Year award is given Biskupski has been at odds Legislature. It created a massive state has a five-year average of rector at Endeavour Capital, to the company with fewer than with most members of the Salt transportation and distribution 95 transactions. The figures from which has four offices in the 100 employees that demonstrates Lake City Council over the cre- center of over 22,000 acres in Salt 2009-10 are “not that much lower West, all outside Utah, cited oth- all-round excellence in business, ation of the port since the legisla- Lake City’s Northwest Quadrant. In a special session late last year, than it was last year or especial- er factors benefiting Utah. ChamberWest said in a news re- tion was first proposed. The bit- the bill saw several revisions, in- ly 2017, so growth investing is a “It’s consistent with any lease. The judging focuses on ter rift between the mayor and the cluding an increased size and sev- great countercyclical investment market that you’re looking for, unique or innovative approaches council came to a head in Septem- eral concessions to Salt Lake City. thesis,” Loos said. but what Utah has particularly towards growth, customer ser- ber when Biskupski walked out of While the city council negotiated In North America and Eu- is it has a very consistent labor vice, community involvement discussion of the port during a with the state for changes it saw rope, global mergers and acquisi- force, and it’s a labor force that and involvement in the cham- regular city council meeting. She addressed supporters and port op- necessary to mitigate what some tions (M&A) has remained steady is pretty dependable and doesn’t ber. Winners must have been es- saw as a “land grab,” Biskupski but the number of deals has de- move out. There are more jobs tablished for a minimum of four ponents in the hallway outside the council chambers and promised, boycotted the talks. The council clined a bit. The number of trans- coming to Utah. It’s known con- years, demonstrating staying voted in June to prohibit the may- actions was as low as 12,896 in sistently as a top five place to power, adaptability and response “Our day in court will happen.” In her statement last week an- or from suing the state without 2009, reached a high of 26,887 live, a place to work and for busi- to adversity, the statement said. in 2015 and slipped to 19,501 last ness climate,” Heath said. nouncing the lawsuit against the permission from the council. Other awards announced at year, although dollar volume has One element helping Utah is Inland Port Authority, Biskupski James Rogers, council vice the gala included Exodus Health- been relatively steady during the trouble in nearby states, he said. said, “I have been clear since last chairman who also sits on the In- care, Business of the Year Award; past four years. “We talk about how great this year that I believe the state of Utah land Port Authority board, said Summit Vista, Best New Busi- “That is still a very good [state] is, but they’re getting so has violated the firmly established Biskipski had not consulted the ness Award; Wasatch I.T., Best council about last week’s action number, a very healthy market,” bad that we’re seeing portfolio role of municipal governments. Place to Work Award; and Kim and characterized her move as a Loos said of the 19,501 number. companies actually moving out Rather than work to correct this Gilbert of Cyprus Credit Union; “campaign tactic.” Biskupski fac- “So, [there are] no real concerns of the state of California, for ex- error, the state is preparing to dou- Volunteer of the Year. Chamber- es re-election in the fall and sev- from a volume standpoint.” ample, just to find a better busi- ble down on the worst parts of this West had previously announced eral members of her party have In North America, the most ness climate.” legislation, seizing even more tax that Kenworth Sales was its an- announced plans to oppose her. dominant activity location, there Endeavour also has discov- dollars and taking steps to close nual Hall of Fame Award recipi- “After listening to the com- were 11,208 transactions in 2018, ered that Utah fares well com- the courtroom door to me and oth- ent. munity and conversations with down from 14,452 in 2015. Mid- pared to other places when it “Employers Council is tru- er mayors who may be impacted city attorneys and outside coun- dle-market M&A in the U.S. saw comes to recruiting strong man- ly honored to be named Cham- by this gross state overreach.” sel, I believe we must move for- 4,971 transactions in 2018, slip- agement teams, he said. berWest’s Small Business of the The lawsuit names as defen- ward with this lawsuit today, be- ping since 2015. “A lot of companies that Year. We are proud to be a part of dants the Utah Inland Port Au- fore this year’s legislation takes Members of a breakout panel we’ve found, over time, if you’re the community and flattered to be thority, Derek Miller in his formal effect,” Biskupski said in her pre- at the event said Utah has several trying to recruit a high-quali- recognized as a driving force in capacity as chair of the Inland pared release. “As mayor, I took attributes fostering small-compa- ty management team to a small, an oath to protect Salt Lake City ny growth and attractiveness for small town, it’s a challenge. I in every action I take.” investors. think Salt Lake has a wonderful “The Inland Port represents “It’s been a fantastic place to airport and schools — everything one of the greatest threats to Salt put money to work,” said LeGrand that’s there that has families that Lake City — and frankly, to the Lewis, managing director at Lehi- want to come and relocate here, rights of cities and towns, the based Sorenson Capital. “Unfortu- which is a big boon for building form of government closest to the nately, a lot of other people have quality business teams and man- people,” she continued. “While I discovered that over the last de- agement teams,” Heath said. Why share? do not take this action lightly, I cade. Utah, I think, when I first Bill Hunscher, partner at Why share? take it with full confidence that I started in this business, was a bit New York-based TZP Group, ref- GetGet your you own own copy of Utah'scopy! am doing what is right for the res- of a flyover state for investors and erenced Utah’s lower business idents of Salt Lake City.” now it is a destination for inves- costs, noting the effects of Uber Whypremier business share? news source. Biskupski’s lawsuit asks the tors.” and Lyft going public. To Subscribe court to find specific provisions Sorenson has worked on “The last thing San Fran- GetCall: your 801-533-0556Call own 801-533-0556 copy! in the legislation creating the in- 15-16 deals in Utah since it was cisco needs — which is actually or go onlineor to: go online to www.slenterprise.com land port to be contrary to the founded in 2003. “It’s home field going to be a benefit, I think, to slenterpirse.com Utah Constitution. She asks the and we love to invest here,” he Salt Lake and Denver and Vegas To Subscribe court that declaratory judgment said. — is another thousand multimil- Call: 801-533-0556 be made against the “removal of “What makes Utah a great lionaires,” Hunscher said. “It’s or go online to: Salt Lake City’s administrative place to invest in? It’s a hotbed of just going to price that city — as slenterpirse.com land use authority” and “the tak- entrepreneurial activity, there are wonderful as it is — out of busi- ing of property tax increment,” very good educational institutions ness existence. I’m very bullish among other complaints. that produce a lot of talent, and the on Salt Lake.” The Enterprise - Utah's Business Journal • March 18-24, 2019 • 5

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Industry Briefs are provided as dent of Gruve PR & Marketing serve on the safety activity task debuted three model homes at its Schlenker and Richard Garcia a free service to our readers. Communications, deputy direc- group, property and outdoor con- Wildflower community at 1927 as vice presidents of business Company news information may tor of communications at Utah’s ference committee, and was a host N. Elderberry Drive, Saratoga development. In 2010, Schlenker be sent to [email protected]. Department of Environmental council lead for the 2014 GSUSA Springs. The homes include ranch co-founded Ordoro, a company The submission deadline is one Quality, and co-owner of Dare to National Convention in Salt Lake and two-story floor plans of three that delivers a SaaS e-commerce week before publication. Dream Sports Marketing. City. She began her career with to seven bedrooms and up to logistics platform and led strategic GSU as outdoor program special- approximately 2,930 square feet. business devel- BANKING ist. Hardin-Reynolds earned a opment and • Bank of Utah has hired CONTESTS social work degree from Weber managed vital Lori Bourassa and Tarlok Verma • The deadline is March 26 RECOGNITIONS State University. partnerships, as senior mortgage loan officers at 11:59 p.m. to enter the Second • The Utah State Bar including in northeastern Utah and Sandy. Annual RevRoad Entrepreneur Commission has awarded the the relation- Bourassa will Competition, which has a Dorathy Merrill Brothers Award ship between have an office $10,000 grand prize. The top 24 to Jacey Skinner, who is of coun- Ordoro and in the bank’s contestants will advance to the sel in Ballard Spahr’s Salt Lake Naruby Shlenker Visible. Garcia new Heber semifinal round, where they will City office. The award, which Everything for the has over a City branch and be divided into six groups of four is named for decade of will service a companies each and present to a Contractors one of Utah’s experience Wasatch Front panel of judges. One finalist will first female in business and northeast- advance from each group to the We rent the best attorneys, is development ern Utah territo- final round and present in front of bestowed in Lori Bourassa and logistics. ry. Bourassa has the entire audience. The champion recognition 4343 Century Drive Before joining more than 20 will receive $10,000, the runner- of efforts to Salt Lake City, UT 84123 Visible, Garcia years of experi- up will receive $2,500 and the Fan advance women served as the ence, including Favorite — getting the most votes in the legal Richard Garcia 801- 262-5761 Jacey Skinner director of four years in the from the crowd — will receive profession. business development at Shippo. same position $1,000. The finals are April 13 at www.centuryeq.com Prior to joining for First Utah RevRoad’s headquarters in Provo. Ballard Spahr, Skinner advised Bank. Verma Last year, more than 65 companies Utah Gov. Gary Herbert in his will work in were in the competition. Details judicial appointment process for BEST KEPT Tarlok Verma Bank of Utah’s are at https://ecomp.revroad.com/. more than eight years. She also Sandy mortgage advised Herbert as he appointed SECRET IN office. He has assisted homebuy- ECONOMIC judicial nominating commissions ers with their loans for nearly 20 INDICATORS that reflected the makeup of the UTAH. REAL ESTATE bar, as he appointed the Board years. Prior to joining Bank of • Summit County leads all • Alturas Capital Partners, Wire rope is where we Utah, Verma worked 12 years for Utah counties as the “best place of Pardons and Parole — which based in Boise, Idaho, has now has a female majority — and started. First Utah Bank in the same posi- to save money,” based on a rank- Alturas Real Estate announced many other boards and commis- tion. ing compiled by financial tech- Fund One of the largest shops ’s expansion into Utah with sions. Skinner also has spent her nology company SmartAsset. The Shops at the purchase of career helping to advance policies in the Intermountain The criteria included median Decker Lake CONSTRUCTION , 2200 W. 3500 S., to address issues of discrimina- West. Slings made • Jacobsen Construction household income, cost of living, West Valley City. Financial terms tion and harassment for women, Co., Salt Lake City, has appoint- purchasing power and estimated to your specifications. were not disclosed. The retail cen- minorities and juveniles. She has ed Gary Ellis as executive vice tax rate. Summit was followed, Our staff has over 60 ter consists of two parcels of land worked closely with the Women president of business develop- in order, by Morgan, Daggett, with two multi-tenant buildings Lawyers of Utah and spent time years of experience. ment and sales, Tommy Auger as Davis, Wasatch, Uintah, Utah, and four stand-alone pad build- mentoring young lawyers and Amy Tooele, Duchesne and Salt Lake chief financial officer, and ings totaling 52,250 square feet. women interested in applying for Christensen counties. Details are at https:// as vice president of Notable tenants include Beans & judicial positions. She is also a corporate com- smartasset.com/checking-account/ Brews, Kid to Kid, Greek Souvlaki bank-reviews#Utah. member of the Board of the Utah munications and Saigon Oriental Market & Center for Legal Inclusion. and brand mar- Deli. Working closely with Chris keting. Ellis NONPROFITS Monson and Kyle Bloomfield of has served as • Girl Scouts of Utah (GSU) Mountain West Commercial RESTAURANTS • Evergreen Devco Inc., a Jacobsen’s chief has appointed Lisa Hardin- Real Estate, Alturas was able to financial officer Reynolds as chief executive offi- achieve significant leasing activ- retail and multifamily develop- SPORTS • U.S. Ski & Snowboard, the for the past 18 cer. The orga- ity prior to closing, including two ment company, has announced Olympic national governing body Gary Ellis years. Auger nization serves additional signed leases which that Mo’ Bettahs Hawaiian Style of ski and snowboard sports in the joins Jacobsen more than 6,200 took the occupancy from 70 per- restaurant and Beans & Brews We carry more than U.S., has selected Deer Valley after serving as girls and 2,000 cent when the property was put Coffee House have opened at the Resortheavy to serve as an official train- construction CFO at Athletic adult volun- under contract to 77 percent at Pleasant Grove Town Center, ing site of American freestyle ski Republic Inc. teers. A Salt closing. 855 W. State St., Pleasant Grove. athletes through 2022. The agree-equipment. and eight years Lake City native • Hamilton Zanze & Co., San Dough Co., the third and final ment will see U.S. ski and snow- as CFO of and mother Francisco, has sold The Overlook anchor tenant, is scheduled Light equipment in board athletes training on Deer AlphaGraphics of two Girl at Sunset Point, a 430-unit gar- to open its third Edible cook- Lisa Valley’s stock. moguls Mixers, and aerials saws, sites Inc. His expe- Scouts, Hardin- den-style multifamily property ie dough shop this spring. The Hardin-Reynolds through the 2022 Olympic Winter rience also Reynolds has at 2955 N. 400 W., Layton, to Pleasant Grove Town Center is pumps, generators, Tommy Auger Games in Beijing, China. Deer includes posi- been with GSU for 29 years, Denver-based Capital Real Evergreen Devco’s first Utah proj- Valley jumping is an annual jacks, stop and on the tions with most recently as the vice presi- Estate LLC. Managing Director ect. It acquired the land last June. FIX Freestyle World Cup circuit several Utah dent of program. In her tenure Greg Barratt of Berkadia’s Salt The development site was built by and has much been hosting more aerials . and real estate and with the council, she served as Lake City office completed the Rimrock Construction, Draper, moguls since 1999, including the chief operations officer as well as sale on behalf of the seller. Senior and designed by the Farnsworth development 2002 Olympic Winter Games. companies. interim CEO, and has provided Director Brian Huff of Berkadia’s Group. Christensen oversight and leadership in the Denver office secured $28.62 joined Jacobsen areas of program, membership, million in acquisition financing SERVICES TECHNOLOGY/LIFE volunteer support, information SCIENCES in 2017 as the through Freddie Mac for Capital • Visible Supply Chain Amy Christensen company’s technology, finance, property, out- Real Estate LLC. Management, a Salt Lake City- • RainFocus, a Lehi-based marketing com- door program and product sales. • Richmond American based shipping and fulfillment ser- events marketing platform com- munications director. Her expe- Nationally, she was appointed by Homes of Utah Inc., a subsid- vices company for small to mid- rience includes roles as presi- the Girl Scouts of the USA to iary of M.D.C. Holdings Inc., has size businesses, has hired Naruby see BRIEFS next page The Enterprise - Utah's Business Journal • March 18-24, 2019 • 7

Industry Briefs Every day is a great day . . . from previous page spent three years as executive vice president of global sales for pany, has hired Kevin O’Rourke SiteMinder. He also spent five MMMM… TASTY WOW years as an artillery officer in the as executive vice president of Mondays! Tuesdays! Wednesdays! global sales. O’Rourke, who has U.S. Army. an established background A SUCCESSFUL LIFE MUST INCLUDE TWISTY FRITTER SPRINKLES in the events passion for your work. MThursdays! industry, will Fridays! Saturdays! drive the sales strategy behind the company’s go-to-market Donuts Brownies Fritters Kevin O'Rourke plan, as well as expansion into new markets. O’Rourke’s career, Turnovers Muffins which spans 18 years of sales leadership, started with 10 years Family Owned & Operated at Dell EMC taking on positions We help people do work they of increasing responsibility in are passionate about with North America. He later joined 2278 So. Redwood Road companies they love. Active Network as vice presi- dent of sales. After the acquisition 801-975-6381 of Active Network and merger M-F 5:00 am – 2:30 pm & Sat. 7:00 am – noon with Lanyon, he assumed the CONTACT PEG NEWMAN: role of senior vice president of [email protected] | 801.716.5926 global sales at Lanyon, and then WWW.SANFORDROSE.COM/NEWMANGROUP with Darla’s Donuts!

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HaightBey.com or call (888) 379-0509 8 • Marchucu-400-newmember-enterprise-halfpage.pdf 18-24, 2019 • The Enterprise 1 3/12/19 - Utah's 3:43 PM Business Journal

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Calendar listings are provided bers the day of the event, $20 for March 21-22 nity to meet and learn about March 22, 11:30 a.m.-1 p.m. as a free service to our read- nonmembers. Details are at south- Intermountain Sustainab- new County Commission mem- Monthly Luncheon Series, a ers. Information about upcoming jordanchamber.org. ility Summit, a Weber State bers Lorene Kamalu and Bob Holladay Chamber of Commerce events may be sent to brice@ University Sustainability Practices Stevenson. Location is Boondocks event. Location is Fav Bistro, slenterprise.com. The submission Fun Center, 525 Deseret Drive, deadline is one week before pub- March 19, noon-1:30 p.m. and Research Center event. 1984 E. Murray Holladay Road, “Doing Business with lication. Keynote presenter is Paul Hawken, Kaysville. Cost is $20 for mem- Holladay. Details are at holla- Hungary,” a World Trade Center entrepreneur, environmental- bers, $25 for guests. Details are at daychamber.com. Utah event in partnership with the ist and author. Summit-affiliated davischamberofcommerce.com. March 18, 11:30 a.m.-1 p.m. Governor’s Office of Economic Free Business Coaching, workshops offer half- and full-day March 22, noon-1 p.m. Development. Event is a diplo- sessions on March 22. Workshops March 21, 11:30 a.m.-1 p.m. Women in Business Lunch- a West Jordan Chamber of matic luncheon welcoming Laszlo “Multiplying Lasting Pro- Commerce event. Greg Cassat of include “The Art of Convening: eon, part of the West Jordan Szabo, ambassador of Hungary to Methods and Frameworks for fitable Relationships,” a West Chamber Women in Business the Zions Bank Resource Center the U.S. Location is World Trade Jordan Chamber of Commerce will be available for consulta- Working Skillfully in Complexity Brown Bag Lunch Series. Speaker Center, 60 E. South Temple, Salt and Community,” “Science, event. Presenter is Clay Neves of is Amber Griffiths, CEO and tion in 30-minute appointments. Lake City. Cost is $20. Details are Personal Sales Dynamics. Location is West Jordan Chamber Stores and Sustainability: The branding expert of Your Brand by at wtcutah.com. National Climate Assessment Location is West Jordan City Design. Location is West Jordan office, 8000 S. Redwood Road, Hall Community Room, 8000 S. West Jordan. Details are at west- and Opportunities in Utah” and Chamber office, 8000 S. Redwood March 19, 7-9:30 p.m. “Intermountain Living Future.” Redwood Road, West Jordan. Free Road, West Jordan. Details are at jordanchamber.com. Pillar of the Valley Gala, Location is Shepherd Union for members, $10 for nonmem- westjordanchamber.com. a Utah Valley Chamber event. Building, Weber State University, bers. Details are at westjordan- March 19-21 Award recipients are John Ogden. March 21 summit cost chamber.com. Healthier Rural West Valentine and Ray and Janette March 25-27 is $105 for professionals (early- 2019 Site Selectors Guild Summit, a Healthier WE event Beckham. Location is Utah Valley March 21, 11:30 a.m.-1 p.m. bird), $125 for professionals (reg- Annual Conference, a gather- (along with founding spon- Convention Center, 200 W. Center Lunch & Learn, a Murray ular) and $30 for students. March ing of location strategists hosted sor Intermountain Healthcare) St., Provo. Cost is $250 for mem- Area Chamber of Commerce 22 workshops have various costs. by the Economic Development designed to find innovative health- bers, $300 for nonmembers, event. Speaker is from Employer Details are at https://www.weber. Corporation of Utah. Keynote care solutions for residents living $2,000 for a table of eight. Details Support of the Guard and Reserve edu/issummit. speaker is Aaron Skonnard, CEO in the rural American West. Theme are at thechamber.org. (ESGR). Location is Soy’s Sushi of Pluralsight. Attendees also is “Transitioning from Crisis to Bar & Grill, 4927 S. State St., March 21, 8-9:30 a.m. will learn about Amazon’s HQ2 Well-Being.” Event will feature Murray. Cost is $20 for members, March 20, 8-10 a.m. Chamber Launch, a Salt site selection process from Holly presentations, interactive sessions, M.A.C.H. Speed Network- $30 for guests. Details are at mur- Lake Chamber networking event. Sullivan, the head of Amazon’s panel discussions and networking. ing, a Murray Area Chamber of raychamber.org. Location is the chamber, 175 E. worldwide economic development, Speakers include Lt. Gov. Spencer Commerce event. Location is The University Blvd. (400 S.), Suite and Stephen Moret, president and Cox; Dr. Marc Harrison, presi- Art Factory, 193 W. 2100 S., Salt 600, Salt Lake City. Free. Details March 21, 3-4:30 p.m. CEO of the Virginia Economic dent and CEO of Intermountain Lake City. Free. Details are at “Jump Start: Intro to Ent- are at slchamber.com. Development Partnership, who Healthcare; David Kennedy, co- murraychamber.org. repreneurship,” a Salt Lake was involved in Amazon’s selec- founder of the Bill Lane Center Chamber seminar. Event is tion of Arlington, the company’s for the American West at Stanford March 21, 8-10 a.m. designed for all entrepreneurs: March 20, 11:30 a.m.-1 p.m. Digital Marketing Academy, second headquarters in North University; Lynn Gallagher, cabi- those looking to go into business, “Branding Lunch: Why a Sandy Area Chamber of America. Event also will feature net secretary of health in New early startup stage or those look- Brunch Took Off and Linner Commerce three-week course discussion panels, breakout ses- Mexico; and Hilary Franz, com- ing to improve an existing busi- Never Did,” a Utah Technology taught by experts from Firetoss. sions and networking opportuni- missioner of public lands for the ness. Presenter is Clancy Stone, Council (UTC) event. Speakers March 21 topic is “Pay-Per-Click ties between Guild members and state of Washington. Location is business advisor at the Women’s are Alysha Smith, managing Advertising, Google AdWords, the professional economic devel- Little America Hotel, 500 S. Main Business Center of Utah. Location director; Peter Stevenson, brand Facebook Ads and Programmatic opers; and guild members will St., Salt Lake City. Cost is $695 is the Women’s Business Center, strategist; and Randall Smith, cre- Display Advertising.” Location is also take tours of Salt Lake City, ($349 for early-bird registrants). 175 E. 400 S., Suite 600, Salt Lake ative director, all from Modern8. Salt Lake Community College’s meet with local businesses and Details are at https://healthierru- City. Free. Details are at slcham- Location is the UTC, 13693 S. 200 Miller Campus, Miller Free dine at local restaurants. Location ralwestsummit.org/events/2019/. ber.com. W., Suite 120, Draper. Free for Enterprise Center, Room 223, is Grand America Hotel, 555 S. UTC members. Registration can March 19, 11 a.m-1:30 p.m. 9750 S. 300 W., Sandy. Cost is Main St., Salt Lake City. Details be completed at Eventbrite.com. $75 for members, $150 for non- March 22, 7:30-8:30 a.m. are at siteselectorsguild.com. “Rock Your LinkedIn Pro- Eggs & Issues, a Murray members. Registration can be file with An Updated Bio and Area Chamber of Commerce March 20, 3:30-5 p.m. completed at Eventbrite.com. March 26, 8:30-11 a.m. Headshot,” a Business Women’s Business Connections, a event. Speaker is Debbie Hall, Forum event. Speaker is Monte regional manager, discussing the Digital Marketing Hack ChamberWest event. Location is March 21, 8 a.m.-noon Series: “Pinterest: Creating Ads Wylie, group talent acquisition Crystal Inn, 2254 W. City Center Alzheimer’s Association. Location manager for Enterprise Holdings. “Americans with Disabilities is Anna’s Restaurant, 4770 S. 900 That Convert,” a Salt Lake Small Court, West Valley City. Free for Act Essentials,” an Employers Business Development Center Head-shot photos will be taken ChamberWest members, $5 for E., Salt Lake City. Free unless for $45 by Melissa Majchzrak. Council event. Location is the ordering from the menu. Open (SBDC) event. Location is Salt nonmembers. Details are at cham- Employers Council, Utah office, Lake Community College’s Larry Location is 50 West Club & Café, berwest.com. to the public. Details are at mur- 50 E. Broadway, Salt Lake City. 175 W. 200 S., Suite 2005, Salt raychamber.org. H. Miller Campus, Corporate Lake City. Cost is $145. Details Partnership Center, Room 101, Cost is $27 for members, $35 March 20, 5:45-6:45 p.m. for nonmembers. Details are at are at employerscouncil.org. 9690 S. 300 W., Sandy. Cost is “Grow Your Business: Phase March 22, 8-9 a.m. $20. Details are at https://www. slchamber.com. Silicon Slopes Breakfast, I,” a Small Business Development sba.gov/tools/events. Center (SBDC) event. Location is March 21, 8:30-11:30 a.m. a Silicon Slopes event featuring “Google: Get Your Business March 19, 11:30 a.m.-1 p.m. the Orem SBDC, 815 W. 1250 S., Curtis Calder, CEO and co-found- Online,” a Women’s Business Business Alliance Network- Orem. Details are at https://utahs- er of Anson Calder. Location is March 26, 10-11 a.m. Center of Utah event. Presenter “The Art of Negotiation,” ing Luncheon, a Davis Chamber bdc.org/trainings. Silicon Slopes 2600 W. Executive of Commerce event. Location is Corissa St. Laurent. Location Parkway, Suite 140, Lehi. Details a West Jordan Chamber of is Boondocks Fun Center, 525 is the Women’s Business Center are at siliconslopes.com. Commerce event. Presenter is March 20, 6-9 p.m. of Utah, 175 E. 400 S., Suite 600, Marty Gale. Location is West Deseret Drive, Kaysville. Free. Annual Vision Dinner, Salt Lake City. Free. Details are at Jordan Chamber office, 8000 S. No RSVP required. Details are at a South Jordan Chamber of slchamber.com. March 22, 9-10 a.m. Redwood Road, West Jordan. davischamberofcommerce.com. Commerce event. Location is Pitch Clinic, a West Jordan Free. Details are at westjordan- Embassy Suites, 10333 South Chamber of Commerce event. chamber.com. March 19, 11:30 a.m.-1 p.m. Jordan Gateway, South Jordan. March 21, 11:30 a.m.-1 p.m. Location is West Jordan Chamber Southwest Valley Women Cost is $60. Sponsorships are Chamber Luncheon, a office, 8000 S. Redwood Road, in Business. Location to be available. Details are at southjor- Davis Chamber of Commerce West Jordan. Details are at west- announced. Cost is $15 for mem- danchamber.org. event featuring an opportu- jordanchamber.com. see CALENDAR page 11 10 • March 18-24, 2019 • The Enterprise - Utah's Business Journal Succeeding in Your Business Got a college graduate in your basement? Time to call the 'den mothers' Do you have a recent college lege graduates take positions out • Student debt is at an all-time ates brand themselves for success percent of college students make graduate living in your basement? of school that don’t require a de- high of $1.5 trillion. in the job marketplace, based on use of those services,” said Spina. Is your child getting close to grad- gree. • For college grads, it’s a the founders’ 38 years combined But a growing part of the problem uating from college with • It takes the av- scary world out there. Making it experience as adjunct profes- has to do with the way students few or no job prospects erage college student worse is that career service spe- sors, marketing experts and (in have grown accustomed to inter- on the horizon? Has your 7.4 months to fi nd a job cialists on most college campuses Trelease’s case) mother of two acting with one another. son or daughter boomer- if he or she doesn’t have are overwhelmed, with 1,765 stu- college students. “Today’s millennials spend anged back to you after one lined up upon grad- dents for every one career place- “For me the wake-up mo- virtually all of their time online, some time living on his uation. ment advisor in American colleg- ment was when I ran a profes- and don’t know how to ‘brand’ or or her own? • Another 16 es and universities. sional development workshop last package themselves for in-person If so, you are not percent will take a year Cue the “Den Mothers,” Ran- year at a local university,” said job interviews,” said Trelease. alone. CLIFF or more after graduation dye Spina and Frances Trelease, Spina. “Most of those in atten- “Believe it or not, the typical re- ENNICO Here are some so- to fi nd one. founders of the Millennial Den dance had no idea that recruiters cent college graduate has no idea bering statistics: • More than online career coaching service. existed, or that you could proac- how to properly shake someone’s • Only 27 percent of college one-third of recent college gradu- Millennial Den offers a range tively write a letter to a company hand, or how important it is to graduates have a job waiting for ates who took a year or more to of online programs and one-on- and enclose your resume. They all look someone in the eye when them when they graduate. fi nd work after graduation make one consulting designed to help felt that they could just go online speaking to them.” • More than 40 percent of col- less than $24,000 a year (pretax). new and recent college gradu- and land a $100,000 job without The prevalence of social me- any effort. We were shocked by dia can also create problems for that.” potential job hunters. The Den “They also were uninformed Mothers have published a free e- about the salaries different jobs book (available on their website) JOHN BITNER, MD pay,” added Trelease. “They on ways students and graduates Dr. Bitner is the only physician in Utah weren’t aware you can go on web- can clean up their social media fellowship-trained in both Facial Plastic Surgery sites like salary.com and do re- profi les before they look for jobs. and Hair Restoration Surgery. search on what the typical salary “Any pictures or videos of you ranges are for various entry-level drinking, or otherwise just act- positions.” ing like a silly teenager need to be Further research and expe- scrubbed completely from your rience with students on several social media,” said Spina. “You campuses in the Northeast con- have to look like a professional, UTAH HAIR RESTORATION.com vinced the pair that just teaching one that belongs in a certain en- basic job-search skills or offer- vironment and fi ts the employer’s ing help with resumes and cover corporate culture.” letters wouldn’t be enough. In- For example, students look- stead, the Den Mothers developed ing for engineering jobs may have a comprehensive personal mar- to present themselves somewhat keting strategy for college grads differently than students looking using the traditional fi ve P's of for marketing jobs, and law stu- marketing: product, promotion, dents may have to brand them- packaging, place and price. selves differently than students Hair Restoration for Men and Women Part of the problem — and looking for tech jobs in Silicon this hasn’t changed in decades Valley. Being fashion-forward is Transplant and Non-transplant Treatments — is that college students are so great if you are looking for an in- focused on getting their degrees ternship on Madison Avenue but Hairline Advancement and Reverse Browlift that they don’t take the time nec- won’t help you score points if essary to focus on career planning you’re looking for a laboratory until it’s too late. “Some don’t job. Call today for your free consultation: even know the career services of- The Den Mothers stress that fi ce exists until they are halfway Individual results may vary. 801.525.8727 through their senior year. And, our research shows that just 40 see ENNICO next page

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owner and editor of Utah Valley CALENDAR Magazine and community leader; from page 9 and Michelle Kaufusi, mayor of Provo and former school board March 26, 11:30 a.m.-1 p.m. member. Location is Utah Valley Women in Business Lunch- University’s Clark Classroom eon, an Ogden-Weber Chamber Building Lecture Hall, 800 W. of Commerce event. Location is University Parkway, Orem. Free. Hub 801 Events, 3525 Riverdale Registration can be completed at Road, Ogden. Cost is $20 for wwww.utwomen.org. members, $30 for guests. Details are at ogdenweberchamber.com. March 27, 7:30-8:30 a.m. “Coffee Connection,” a March 26, 11:30 a.m.-1 p.m. Holladay Chamber of Commerce Women in Business, a Sandy event. Location is Great Harvest, Area Chamber of Commerce 4699 S. Holladay Blvd., Holladay. event. Speaker is Dell Loy Details are at holladaychamber. Hansen, owner of Real Salt Lake. com. Location is Rio Tinto Stadium, Audi Executive Club, 9256 S. March 27, 8 a.m.-noon State St., Sandy. Details are at Cybersecurity Conference sandychamber.com. 2019, a Salt Lake Chamber event for people to learn practical skills March 26, noon-1 p.m. and foundational knowledge they “Privacy Trends at Home need to do their jobs well in and Abroad,” a World Trade the modern economy. Location Center Utah event. Presenter is to be announced. Cost is $80 for Tomu Johnson, a privacy attorney members, $100 for nonmembers. at Parsons Behle & Latimer and Details are at slchamber.com. CEO of Parsons Behle Lab, a software company that provides March 27, 8-9:30 a.m. automated legal documenta- “LGBT Legal Issues in tion for complying with privacy the Workplace,” an Employers laws such as the GDPR and the Council event that is part of its CCPA. Location is World Trade Legal Breakfast Briefing Series. Center Utah, 60 E. South Temple, Location is the Employers Salt Lake City. Free. Details are at Council, Utah office, 175 W. wtcutah.com. 200 S., Suite 2005, Salt Lake City. Cost is $99. Details are at employerscouncil.org. March 26, noon-12:50 p.m. Spring 2019 Silicon Slopes see CALENDAR page 13 Lecture Series at Utah Valley University, a 14-week UVU Entrepreneurship Institute ENNICO event. Topic to be announced. from previous page Speaker is Danielle Ackles, CEO of Merkle. Location is they are personal career coaches, Utah Valley University, Clarke not recruiters, and do not get in- Building, Room 101A, 800 W. volved directly in the job-hunting University Parkway, Orem. Free. process (by recommending spe- Registration can be completed at cifi c employers, for example), Eventbrite.com. although they will help students avoid wasting valuable time look- March 26, 6 p.m. ing for jobs that don’t fi t their aca- “Agile Leadership: The demic background or credentials. Future of Leading,” a Silicon So, time for the big question: Slopes event. Speaker is Brian M. Is it possible for a humanities ma- Rabon, president of the Braintrust jor with no background in STEM Consulting Group and founder of (science, technology, engineering the Center for Agile Leadership. and mathematics) to get a job in Location is Progressive Leasing, today's world? 256 W. Data Drive, Draper. Free. “There are myriad careers Details are at siliconslopes.com. available to humanities graduates, including marketing, advertising, March 26, 6:30-8:30 p.m. business, public relations — the “Raising Girls to Become list goes on,” said Trelease. “With Leaders: Competence, Confid- the right professional packaging, ence & Courage,” a Utah non-STEM graduates can have Women & Leadership Project that same high rate of success.” (Utah Valley University) event. For example, those like yours Activities include a 30-min- truly, who majored in history and ute keynote by Susan Madsen, philosophy (with a minor in reli- Orin R. Woodbury professor of gion), might someday become a leadership and ethics and profes- world-famous small-business col- sor of organizational leadership umnist. at UVU; and panelists Rebecca Cliff Ennico (crennico@gmail. Chavez-Houck, retired Utah state com) is a syndicated columnist, representative and public affairs author and former host of the PBS consultant; Abby Cox, communi- television series “Money Hunt.” ty volunteer and wife of Lt. Gov. COPYRIGHT 2019 CLIFFORD R. ENNICO Spencer Cox; Jeanette Bennett, DISTRIBUTED BYCREATORS.COM 12 • March 18-24, 2019 • The Enterprise - Utah's Business Journal Opinion New rent-control laws cannot escape the law of supply and demand In February, Oregon became the fi rst work. Rent control didn’t provide more af- sell them as condos. Former George Ma- lowering the threshold to the point where it state in the nation to adopt a mandatory fordable housing when it was implemented son University Chairman of the Department does take a bite out of the rental market and statewide rent-control policy. Yet, rent con- in various regions back during the 1970s, of Economics Donald Boudreaux summed prevents growth. trol never delivers on the promise that it will and it hasn’t worked since. It didn’t work it up nicely in a 2006 letter to the editor of Now, there is something that legislators multiply the affordable housing in high-val- when they tried it in Paris, and it isn’t work- The New York Times: “By decreasing the in Oregon can do if they truly want to slow ue markets to serve middle- and ing now in New York City, Wash- profi tability of supplying units occupied by down the growth of rents, Hamilton tells me. lower-class families. It also al- ington, Los Angeles or San Fran- renters, these controls spawn condo con- First, they could eliminate — or, at the very ways has negative consequences, cisco where rent controls are versions and prompt builders to construct least, reform — the zoning laws that restrain and this time will be no different. currently in place. It won’t work in fewer rental units and more units for sale to development in the state. There’s a bill go- The new statewide law ap- Portland, either. owner-occupiers. People who can’t afford ing through the state legislature that would plies to landlords who have at Brookings Institute as- to buy housing are unnecessarily disadvan- take a stab at terminating zoning restric- least four units, one of which is sociate professor of economics taged.” Landlords may also stop investing in tions that allow only single-family homes in at least 15 years old. It prohibits VERONIQUE Rebecca Diamond did a recent maintenance, which, over time, may lead to many neighborhoods. Second, they must re- them from increasing rent more de RUGY review of the literature on rent neighborhoods with many run-down proper- form the state growth boundary requirement, than 7 percent over infl ation an- control, fi nding that “Rent control ties. The bottom line is that rent control nev- which creates boundaries around urban re- nually. The bill also prohibits no- appears to help affordability in the er increases the supply of affordable rented gions outside of which no development can cause evictions after the fi rst year of resi- short run for current tenants, but in the long- housing. take place. That reduces the supply of devel- dency, in addition to the protections against run decreases affordability, fuels gentrifi ca- The good news is that the rent control opment and, in turn, jacks up the rents. Mak- eviction already on the books. tion and creates negative externalities on the legislation in Oregon may not be as punish- ing matters worse, the regulation has formu- The change comes after the median rent surrounding neighborhood.” The reason is ing as we fear. Looking at Zillow’s data on las that allow the boundaries to grow only in the state increased by 14 percent over simple and boils down to the law of supply neighborhood rents from 2010 to 2017, my slowly. three years during the population boom. The and demand. While some of the people rent- colleague Emily Hamilton only found seven Slow development opportunities and largest hike took place in Portland, where, ing may benefi t from rent control by remov- neighborhoods out of 98 — all of them in high rents go hand in hand. Time for a new according to The New York Times, rents have ing some of their risk, it also gives landlords Salem and Bend — where the median rent approach. grown by 30 percent since 2011. an incentive to alter their supply of rental increased by more than 7 percent annually. The Beaver State’s new law is quite property. It means that a small number of neighbor- Veronique de Rugy is a senior research fel- a stunning move, as 37 other states actu- They have several options based on the hoods will be affected and the negative im- low at the Mercatus Center at George Ma- son University in Fairfax, Virginia. ally prohibit cities from implementing rent circumstances. First, they may withdraw pact of the law will be limited. That is, of control. There’s a reason for that: It doesn’t their properties from the rental market to course, until legislators get pressured into COPYRIGHT 2019 CREATORS.COM

How America handles the Mueller report will be a test of our democracy Special counsel Robert Mueller’s re- Department — have demonstrated that they ma notes that the dominant reality of Indian Indian elections has been that the incum- port, which is expected to be delivered to serve the country and Constitution above the politics is its diversity. India is comprised of bent will be tossed out. In the upcoming the attorney general soon, will end up be- current occupant of the White House. The dozens of different linguistic communities, national election, Modi has immense ad- ing a great test of American democracy. press has, by and large, been able to with- ethnic groups, castes, tribes and classes. vantages — money, a large parliamentary How will we handle it? In a nakedly par- stand the extraordinary pressure of a presi- And these identities are meaningful, shap- majority, a fawning media and a slew of ex- tisan fashion — or as a way to bolster our dent who almost daily attacks and threatens ing people’s perspectives on everything pansive populist spending programs to buy constitutional system? its freedom and independence. from daily life to political preferences. people’s votes. Even then, recent polls in- It has been much noted that But the greatest check on Trump Sharma cites the head of a large consumer dicated his coalition would fall short of a we are now in an era of illiber- has surely been the public itself, products company who explained that his majority. al democracy. Popularly elected placing some limits on the presi- company divides India into 14 sub-regions Things have changed because of In- governments and leaders — in dent’s behavior by voting in the because of its dizzying diversity, compared dia’s military tit-for-tat with Pakistan, countries as varied as Venezuela, midterms and expressing itself with the 20 countries of the Middle East, which Modi has used to push an aggres- Poland, Hungary, Turkey and the through opinion polls and pro- which get put by the company into just four sively nationalist line. With no evidence, Philippines — are undermining tests. And ultimately this has to groups. he has labeled all opposition parties as be- independent institutions, violating FAREED be the hope for the health and This diversity has proved to be India’s ing anti-national and pro-Pakistan. This important norms and accumulat- ZAKARIA strength of any democracy — that greatest strength as a democracy, ensuring strategy might work, but still, he will like- ing unbridled power. In most of in the words often attributed to that no one party gets too big for its boots. these nations, checks and balanc- Abraham Lincoln, “you can’t fool For 40 years, the single best prediction in see ZAKARIA next page es have buckled as institutions that protect all the people all of the time.” rights have been weakened, political parties My faith in people power has been have been craven, courts have been compli- strengthened in watching events 7,000 miles ant and the press has been subdued. away in India. There, too, a democratically In America, the story is mixed. The po- elected leader, Narendra Modi, has accumu- litical system has functioned poorly, check- lated power in ways that were at times au- ing Pres. Trump’s excesses only along thoritarian. In this case, the pressure he ex- partisan lines. This is largely because the erted on the bureaucracy and the judiciary Republican Party has capitulated to Trump, often worked. So did his intimidation of the even when party leaders have believed that press, which while once fi ery and free has he was undercutting democracy itself. Sena- essentially become a handmaiden of the rul- tors who had spent a lifetime railing against ing party. Businessmen were coerced into the executive branch’s power grabs have supporting Modi’s party, the BJP, and load- meekly endorsed Trump’s national emer- ing it up with cash. gency. They have quietly accepted that Con- And yet, the BJP recently received a gress’ central power, to spend money, can be drubbing at the ballot box. Despite com- subverted at will by the White House. manding advantages with media coverage, On the other hand, some American in- money and local offi cials, India’s dominant stitutions have pushed back. The judiciary party lost several key state elections a few has maintained its independence. The vari- months ago. Why? In a word, diversity. ous branches of investigative authority — In a new book on his quarter-century the FBI and the other organs of the Justice of observing Indian politics, Ruchir Shar- The Enterprise - Utah's Business Journal • March 18-24, 2019 • 13 CALENDAR Capital; an afternoon keynote is the Dixie Convention Center, cuss “The Media Landscape Has Learning; Karmel Larson, found- address by Scott Watterson, co- 1835 S. Convention Center Drive, Changed (And That’s Great News er of Momni; and Jill Dempsey, from page 11 founder of Icon Health & Fitness; St. George. for Local Businesses).” Location is CEO and co-founder of Wedding breakout sessions; “power” pre- Jordan Valley Water Conservancy Line. Location is Kiln, 2701 N. March 27, 9-10 a.m. sentations; awards presentations; Thanksgiving Way, Suite 100, “Breakfast with the March 28, 8:30-10:30 a.m. Garden Park, 8275 S. 1300 W., and a networking lunch. Location Lehi. Details are at siliconslopes. President,” a West Jordan “CEO Leadership Xchange: West Jordan. Cost is $20 for mem- in USU’s Huntsman Hall. Cost com. Chamber of Commerce event fea- Better Relationships, Better bers, $30 for nonmembers. RSVP is $45. Registration can be com- turing Aisza Wilde, president and Business,” a Utah Technology deadline is March 25. Registration pleted at https://huntsman.usu. CEO of the chamber. Location is Council (UTC) event. Speaker can be completed at https://www. edu/venture-forum/registration. Jim’s Family Restaurant, 7609 Jodi Hildebrandt of ConneXions southjordanchamber.org/event- ZAKARIA S. Redwood Road, West Jordan. will discuss rigorous personal 3138138. from previous page Free (pay for what you order on March 28-29 responsibility, and how each one Leading HR Executive the menu). Details are at westjor- of us can contribute to build- Summit, a Utah SHRM March 28, 5-7 p.m. danchamber.com. ing a company culture dedicated (Society for Human Resource Business After Hours, a Salt ly return to offi ce with a reduced to honesty, humility, connec- Management) event featuring Lake Chamber event. Location majority. tions and success. Location is the March 27, 4-8 p.m. keynote sessions and small-group is Spencer F. Eccles Junior In their book How Democ- UTC, 13693 S. 200 W., Suite 120, 14th Annual Wasatch “think tanks” to help develop Achievement City, 444 W., 100 racies Die, Steven Levitsky and Draper. Free. Registration can be Front Materials Expo, present- strategies to address common, S., fourth floor, Salt Lake City. Daniel Ziblatt make the case that completed at utahtech.eventbrite. ed by the Utah SAMPE Chapter. and critical, business decisions in Cost is $7 for early-bird members, diversity helps forge the culture Location is Salt Lake Community com. of compromise and tolerance that your organization. Location is the $10 for members the week of College’s Miller Campus, Karen is crucial to democracy’s success. Dixie Convention Center, 1835 the event, $15 for nonmembers. Gail Miller Conference Center, March 28, 10 a.m.-noon They argue, for example, that the S. Convention Center Drive, St. Details are at slchamber.com. Room KGMC 150, 9750 S. 300 George. Cost is $550. Details are “Government Contracting,” Republican Party has become so W., Sandy. Registration can be at www.utahshrmconference.org. a Small Business Administration rigid, intolerant and abusive of completed at Eventbrite.com. (SBA) event. Location is Wallace March 29, 7:30-8:30 a.m. this norm in part because it has Eggs & Issues, a Murray March 28-29 F. Bennett Federal Building, 125 become an ethnically and racially Area Chamber of Commerce March 28-29 Utah Plumbing & Heating S. State St., Room 2222, Salt Lake homogeneous party. Huntsman Venture For- Contractors Association City. Free. Details are at https:// event. Speaker to be determined. Most Western countries are um, presented by the Jon M. (UPHCA) Annual St. George utahsbdc.org/trainings. Location is Anna’s Restaurant, going to become more diverse. Huntsman School of Business Conference. Speakers include 4770 S. 900 E., Salt Lake City. That is simply demographic real- at Utah State University. March George Hedley, a construction March 28, 11:30 a.m.-1 p.m. Free unless ordering from the ity. India demonstrates how that 28 features a 6 p.m. dinner and business coach. Class topics Multi-Chamber Lunch, menu. Open to the public. Details diversity — if embraced and cele- 7 p.m. keynote address by Eric include HR subjects and market- presented by the Murray Area, are at murraychamber.org. brated — could actually help res- Jacobsen, managing partner at ing and legal issues. State legisla- South Jordan, Southwest Valley cue and strengthen democracy. Dolphin Capital. March 29 fea- tors will participate in a round- and West Jordan chambers of March 29, noon-1 p.m. Fareed Zakaria’s email address tures a morning keynote address table discussion with industry pro- commerce and ChamberWest. “Startup Conversation,” a is [email protected]. by Amy Rees Anderson, founder fessionals. Event also will feature Speaker Cyndi Brown, president Silicon Slopes event with Sunny of MediConnect Global and Rees more than 30 vendors. Location of Fabrica Creative, will dis- Washington, CEO of Because (c) 2019, Washington Post Writers Group PAY ATTENTION Gain additional new business OR PAY We’ll buy your inventories and services TODAY! 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20 Years Experience in Utah 14 • March 18-24, 2019 • The Enterprise - Utah's Business Journal

and leverage our portfolio,” he was driven by sustained positive said. “We also remain opportunis- sales trends in NSP China, Syn- CORPORATE FINANCIAL REPORTS tic in an M&A strategy that seeks ergy Asia Pacific and NSP Rus- to find other ‘super-fan brands’ in sia, Central and Eastern Europe. The following are recent fi- “Our efforts in this past year loss of $700,000, or 2 cents per which we can deploy our unique We are pleased with how our op- nancial reports as posted by se- paid off and we are now able to share, for 2017. brand strategy playbook.” erations in China are developing, lected Utah corporations: conclude that our internal con- Sales in 2018 totaled $212.1 and continue to invest ahead of trol environment is operating ef- million, up from $170.7 million in Nature’s Sunshine the growth. NSP China net sales Profire Energy fectively,” said Ryan Oviatt, the 2017. Nature’s Sunshine Products increased 60 percent during the Profire Energy Inc., based in company’s chief financial offi- Clarus is a developer, manu- Inc., based in Lehi, reported a fourth quarter and rose 46 per- Lindon, reported company-record cer. “Profire’s focus on improv- facturer and distributor of outdoor net loss attributable to common cent for the full year.” net income of $6 million, or 12 ing controls over financial re- equipment and lifestyle products stockholders of $2.9 million, or Moorehead said the com- cents per share, for the full year porting, cash management and focused on the climb, ski, moun- 15 cents per share, for the fourth pany is “working to reinvigorate 2018. That compares with $4.4 internal investments are help- tain and sport markets. Its prod- quarter ended Dec. 31. That com- our NSP Americas region with million, or 9 cents per share, in ing us to achieve our long-term ucts are principally sold under the pares with a net loss of $17.4 mil- multiple specific initiatives that 2017. goals and five-year growth plan. Black Diamond, Sierra, PIEPS lion, or 92 cents per share, for the support our strategic objectives Revenue in the most recent Throughout 2019, we plan to in- and SKINourishment brand quarter a year earlier. to become more modern, more year totaled $45.6 million, up vest in current products, next-gen names. Sales in the most recent quar- flexible and more profitable. We from $38.3 million in 2017. product development, internation- “As indicated in our prelimi- ter totaled $97.3 million, up from see further opportunity to gener- The company creates, installs al expansion, M&A activity and nary results, our brand momentum $88.3 million in the year-earlier ate growth and capture market and services burner and chemical other areas that we believe will led to a record fourth quarter and quarter. share, while improving the profit management solutions in the oil add significant growth potential full year that well-exceeded our For the full year 2018, the profile of the organization with and gas industry. and opportunity.” outlook,” John Walbrecht, presi- company reported a net loss at- the ultimate goal of enhancing “2018 was a banner year for dent, said in announcing the re- tributable to common sharehold- shareholder value.” Profire as we were able to achieve Clarus sults. “Our brands and products ers of $854,000, or 4 cents per our most profitable year in compa- Clarus Corp., based in Salt continue to resonate with our share. That compares with $12.9 Superior Drilling Products ny history,” Brenton Hatch, pres- Lake City, reported net income consumers across all markets, million, or 69 cents per share, Superior Drilling Products ident and CEO, said in announc- of $3.5 million, or 12 cents per and this was driven by innova- in 2017. Sales in 2018 totaled Inc., based in Vernal, report- ing the results. “We believe that in share, for the fourth quarter ended tion throughout our entire product $364.8 million, up from $342 mil- ed a net loss of $1.4 million, or spite of present market volatility, Dec. 31. That compares with $6 portfolio, an accelerated go-to- lion in 2017. 5 cents per share, for the fourth the future of Profire is exciting. million, or 20 cents per share, for market strategy and the execution The company is a direct-sales quarter ended Dec. 31. That com- Enabling our five-year growth the same quarter a year earlier. of our growth strategy.” company focused on the manu- pares with a net loss of $786,000, plan requires investing some of Sales in the most recent quar- Walbrecht said the company facture and sale of nutritional and or 3 cents per share, for the same our cash reserves in 2019. We ter totaled $57.3 million, up from expects to introduce about 300 personal care products. quarter a year earlier. made hires throughout 2018 in or- $52.7 million in the year-earlier new products in 2019. “We concluded 2018 on a Revenue in the most re- der to augment our efforts to pro- quarter. “We believe that our current strong note, generating over 10 cent quarter totaled $3.5 million, vide superior products and unpar- For the full year 2018, the playbook of ‘innovate and ac- percent net sales growth dur- down from $3.7 million in the alleled customer experience and company reported net income celerate’ will continue to provide ing the fourth quarter,” Terrence plan to continue making strategic of $7.3 million, or 24 cents per us with strong organic growth in Moorehead, CEO, said in an- see EARNINGS page 23 hires and investments in 2019.” shares. That compares with a net 2019, enabling us to further scale nouncing the results. “The growth

$9 The Enterprise 15 February 11, 2019 Travel & Recreation INSIDE

There's an app for that Whether you're dealing with a fear of fl ying or looking for a clean restroom along your road trip, you can fi nd help on your smartphone. Bahar Ferguson gives you some suggestions for apps that will make your trip more enjoyable. Last Spike page 22

Travel & Recreation Lists This spring, the Golden Spike National Historic Site commemorates the 150th Recreation Equipment Dealers anniversary of the completion of the transcontinental railroad. The celebration page 17 provides a good excuse to take in all Northern Utah has to offer. Ski Resorts page 18 what was then the “Far West” with 1845, the Pacific Railroad Act wasn’t Randy Henricks Sacramento in the largely still-myste- formally proposed until 1860 and Travel Agencies The Enterprise rious state of California. signed into law by Abraham Lincoln page 20 Prior to the completion of the in 1862. The Civil War delayed major “All aboard!” was the call of the railroad, a trip from New York to San construction on the line, but it’s amaz- conductor to those boarding the pas- Francisco could take six months and ing to realize that the linking of East senger trains that crisscrossed the Issue Sponsor: cost $1,000. By land it was an ardu- and West by rail occurred just four country for many years in the late ous journey fraught with challenge years after Lincoln’s assassination. 1800s and early 1900s. and danger. An alternative was a This summer an “all aboard” But in the years following the torturous voyage by sea around Cape invitation is again being issued to Civil War, the words “all aboard” Horn. But after the railroad came, people in Utah to remember the past were also a call to explore a nation the trip was reduced to just days and and explore the future for themselves rapidly expanding west- by commemorating this sig- ward. It was an invitation nificant event in our nation’s to the people of the land history. to expand their vision and On May 10, 1869, fulfill their perceived des- the final rails linking the rail- tiny, to join in exploring a roads coming from the East new country which spread and from the West met at out before them to the west. Promontory Summit on the The United States was a north end of the Great Salt vast country, little known Lake where a commemorato- but filled with promise for ry Golden Spike was driven the future. Many held a by financier Leland Sanford vision of a land stretching to mark the occasion. from “sea to shining sea” To honor the original and brimming with oppor- Golden Spike ceremony, tunity help people fulfill cost a much more affordable $150. In Utah’s Transcontinental Railroad 150th their biggest dreams. addition, the trip was far less danger- Celebration Commission was formed Few things captured the spirit ous and was accomplished in relative by the Utah State Legislature and Gov. of that vision for the United States comfort compared to what people had like the first continental railroad join- previously experienced. ing the country from Missouri in Although originally conceived in see SPIKE page 16 16 · March 18-24, 2019 · The Enterprise - Travel & Recreation FOCUS

per forged in Arizona and originally created SPIKE for the 1869 ceremony, will be re-united and from page 15 on display to the public at the Utah Museum of Fine Art in an exhibit titled “The Race to Gary Herbert in 2017 to honor and commemo- Promontory: The Transcontinental Railroad rate that 1869 event. The Commission will cel- and the American West.” ebrate the 150th anniversary of the “wedding Three other exhibits highlighting the rela- of the rails” and the driving of the Golden tionship of Utah to the railroad and the rail- Spike at Promontory Summit on the weekend road to Utah are on display at the Utah State HILL AFB AEROSPACE MUSEUM of May 10-11. The Commission is also pro- Capitol Building. moting many other commemorative events “Tracing the Path,” a photographic and activities that “inspire, unify, educate and journey through time tracing the historic advance the legacy of this historic moment.” race across the West, will be presented by Events commemorating the driving of the Chinese Railroad Workers Descendants the Golden Spike include numerous celebra- Association. Perhaps as many as 14,000 tions being held throughout the state, from Chinese immigrants labored on the west a re-enactment of the trains from East and Central Pacific line. Construction through the West meeting at Promontory Point, to con- Sierra Nevada Mountains was the most dif- certs by the Choir at Temple Square, the Utah ficult stretch of the railroad line and many lost OGDEN UNION STATION Symphony and a special concert by Brian their lives during construction. Following the Stokes Mitchell and Megan Hilty. Other completion of the railroad, many Chinese con- events include plays written to highlight the tinued to work for the railroad, some for 30 or event, exhibits and special displays, as well as 40 years. frontier villages reminiscent of the 1869 time Along with the Chinese, many Civil War period, parties and speakers. veterans and Irish immigrants help move the In outlining the role of the Celebration two ends of the rail line. Once the construc- Commission, Herbert called the completion of tion neared Utah, Brigham Young recruited the railroad “one of the greatest accomplish- local members of The Church of Jesus Christ ments in the history of America and indeed the of Latter-day Saints to assist. Commemorating world. Even today the transcontinental railroad the role of these railroad workers is also BEAR RIVER BIRD REFUGE stands as a pinnacle of human achievement. important, according to Herbert. With the completion of the railroad, Utah “They accomplished a remarkable engi- became the 'Crossroads of the West' and it neering and construction feat and we will remains even so today.” give them the recognition they so rightfully “I hope these celebrations can again help deserve,” the governor said. unify our country and serve as inspiration for The second exhibit is titled “A World our next great American pursuit,” Herbert con- Transformed: The Transcontinental Railroad cluded. and Utah.” It is a joint endeavor of the Merrill- Major events planned for the 150th anni- Cazier Library at Utah State University and versary of the driving of the Golden Spike the Utah Division of State History. It tells the BRIGHAM CITY PEACH DAYS will take place May 10-12 at the Golden Spike story of the railroad in pictures, diary entries National Historic Site, which is located 32 and artifacts. This exhibit will travel to sev- miles west of Brigham City via Utah Highway eral other sites this year. 83. Tickets are required and can be obtained “The impact that the transcontinental through the Spike 150 website, spike150.org. railroad had on the history of Utah cannot be The site will be open from 8 a.m. to 7 p.m. for underestimated,” according to Todd Welch, the three days of the event. Park hours typical- associate dean of special collections at USU. ly are 9 a.m. to 5 p.m. (except Thanksgiving, “Death, Taxes and an Unexpected Christmas and New Year’s Day). Windfall” is the third Capitol Building exhibit The Golden Spike National Historic Site and tells the interesting tale of how the estate draws nearly 60,000 people per year and has of a railroad mogul, Union Pacific’s E.H. WESTERN HERITAGE CENTER permanent exhibits about the railroad and its Harriman, transformed the art and architecture history as well as video presentations and fre- of the Utah State Capitol Building. It is spon- quent special events and re-enactments. sored by the Utah Department of Heritage and Events at the historic site on May 10 include the Utah Capitol Commission. the arrival of Jupiter and No. 119 replica For a complete review of statewide events steam engines; remarks by dignitaries from commemorating the 150th anniversary of the Congress, the National Park Service and Golden Spike, go to spike150.org. the state of Utah; and a keynote address by The 150th anniversary ceremony at the renowned presidential scholar Jon Meacham, Golden Spike is only a small sample of the who will share his historical perspective on the interesting, educational and fun things to do importance of the completion of the transcon- this summer in the northern end of the state. CACHE VALLEY CRUISE IN tinental railroad Other popular activities and sites to visit It is expected that the May 10 Golden include (but are certainly not limited to): Spike commemoration may draw between Hill Aerospace Museum 10,000 and 20,000 people and greatly impact The museum has large display (70-plus) the area economy. of aircraft, from a Wright brothers replica In addition to the human participants, to the B-1 Bomber. Highlights include the three of the original “spikes” will also be in B-17 Flying Fortress, the SR-71C Blackbird, Utah this summer. The most famous of the the A-10 Thunderbolt II and one of the first spikes is the golden one normally housed at operational F-16 Fighting Falcons which Hill the Cantor Arts Center at Stanford University. Air Force Base has been associated with. The BEAR LAKE RASPBERRY DAYS But that spike, together with two others, one of silver from Nevada and one of iron and cop- see SPIKE page 20 The Enterprise - Travel & Recreation FOCUS · March 18-24, 2019 · 17

RECREATION EQUIPMENT DEALERS Ranked by Gross Sales 2018 List Development Laneace Gregersen | [email protected]

Year Company Name Phone Major Brands Carried Est. Address Web Gross Sales 2018 Business Category No. of Utah Employees No. of Utah Locations

Rockwood, Attitude, Cyclone, Salem, Iconic, Parris RV 801-268-1110 Powerlite, Sandsport, Vortex, Columbus, Mesa 4360 S. State St. $55.6.M RVs 92 2 2011 1 parrisrv.com Ridge, T@B, T@G, Lance, Avalanche, Alpine, XLR, Murray, UT. 84107 Vortex, Shadow Cruiser, Stryker, Wilderness, Wildcat

Power Weller Recreation Inc. sports, ATV, Polaris 435-783-4718 936 W. 200 S. $19.6M motorcycle, 35 1 BRP (Ski-Doo, Can-Am) 1962 2 wellerrec.com Kamas, UT 84036 sideXside, Yamaha snowmobile

Ray Citte RV 801-773-4951 1677 W. Riverdale Road $18.5M RVs 32 1 Forrest Rive, K-Z, Outdoors, Heartland 1946 3 raycitte.com Roy, UT 84067

Executive Boat & Yacht 801-288-0545 4 3600 S. Main St. executiveboatandyacht $6M Watercraft 9 1 All makes and models of used watercraft 1999 SLC, UT 84115 .com

Monarch Honda Motorcycles, 801-224-4070 398 W. 800 N. $4M ATVs 20 1 Honda 1976 5 monarchhonda.com Orem, UT 84057 sideXsides

Robertson Marine LLC Watercraft, 801-534-1111 Ranger Boats, Crestliner Boats, Mercury 2033 S. Main St. $3.4M fi shing boats 8 1 2010 6 robertson-marine.com Outboards,Yamaha Outboards, Minn Kota Motors SLC, UT, 84115 & outboards

Monarch Powersports 385-988-7000 Electric 7 350 W. 800 N. monarchpowersports. $1M motorcycles 4 1 Zero, Husqvarna, OneWheel 2016 Orem, UT 84057 com & rideables

Motorcycles, Southpaw Motorsports ATV, SXS, 801-849-0913 Honda, Yamaha, Polaris, Kawasaki, Suzuki, 7586 S. Redwood Road $400K snowmobile, 4 1 2013 8 southpawmoto.com Can-Am West Jordan, UT 84084 service & used sales

Access RV 801-936-1200 550 S. Redwood Road * RVs 40 1 Cherokee, Flagstaff, Cardinal, Palomino, Arctic Fox 1995 9 accessrv.com North Salt Lake, UT 84054

Dearden Equipment ATV, UTV, 435-743-5761 125 S. Main St. * lawn mowers, 3 1 Polaris, Toro, Dolmar 1942 10 deardenequipment.com Fillmore, UT 84631 chain saws

Marine Products Hyperlite, Byerly, LiquidForce, Ronix, CWB, 801-209-4823 Watersports, 949 W. 1700 S. * 20 1 O'Brien, SlingShot, Straight Line, Connelly, HO 1970 11 marine-products.com lifestyle SLC, UT 84060 Skis, Moomba Boats, Supra Boats, Alumacraft

Motor Sportsland Winnebago, Keystone, Thor, Forest River, 801-262-2921 4001 S. State St. * RVs 65 1 Heartland, Pacifi c Coach, KZ, Starcraft, Columbia 1968 12 motorsportsland.com SLC, UT 84107 Northwest, Aliner

*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 2019 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] 18 · March 18-24, 2019 · The Enterprise - Travel & Recreation FOCUS

SKI RESORTS Ranked by Skiable Acres List Development Laneace Gregersen | [email protected]

Resort Name Phone Address Web Snow Conditions Phone Number Skiable Acres Number of Ski Runs Number of Lifts Average Annual Snowfall Base Elevation Summit Elevation Drop Vertical Miles to Airport SLC

Park City Mountain Resort 435-649-8111 1 1345 Lowell Ave. parkcitymountain 800-222-PARK 7,300 336 41 360" 6,800' 10,000' 3,200' 32 Park City, UT 84060 .com Powder Mountain Resort 801-745-3772 2 6965 E. Powder Mountain Road powdermountain 801-745-3771 8,464 167 9 500" 6,900' 9,422' 2,205' 55 Eden, UT 84310 .com Alta 801-359-1078 10010 Little Cottonwood Canyon Road 801-572-3939 4,700 116 12 560" 8,530' 10,550' 2,020' 32 3 alta.com Alta, UT 84092 Snowbasin Resort 888-437-5488 3925 E. Snowbasin Road 801-620-1100 3,000 107 11 300" 6,450' 9,350' 2,900' 45 4 snowbasin.com Huntsville, UT 84317 Snowbird Ski & Summer Resort 801-933-2222 9385 S. Snowbird Center Drive 801-933-2100 2,500 170 14 500" 7,760' 11,000' 3,240' 29 5 snowbird.com Snowbird, UT 84092 Deer Valley Resort 435-649-1000 2250 Deer Valley Drive 800-424-3337 2,000 101 21 300" 6,570' 9,570' 3,000' 37 6 deervalley.com Park City, UT 84060 Solitude Mountain Resort 801-534-1400 12000 Big Cottonwood Canyon 801-536-6777 1,200 77 9 500" 7,994' 10,488' 2,494' 35 7 skisolitude.com Solitude, UT 84121 Brighton Ski Resort 800-873-5512 8302 S. Brighton Loop Road 801-532-4731 1,050 66 7 500" 8,755' 10,500' 1,745' 35 8 skibrighton.com Brighton, UT 84121 Brian Head Ski Resort 435-677-2035 329 S. Highway 143 435-677-2035 650 71 10 360" 9,600' 10,970' 1,548' 35 9 brianhead.com Brian Head, UT 84719 Eagle Point 435-438-3700 9 P.O. Box 151 eaglepointresort 855-324-3615 650 40 5 400" 9,100' 10,600' 1,500' 217 Beaver, UT 84713 .com Beaver Mountain 435-946-3610 1351 E. 700 N. 435-753-4822 464 48 5 400" 7,232' 8,600' 1,600' 114 11 skithebeav.com Logan, UT 84321 Sundance Mountain Resort 801-255-4510 12 8841 N. Alpine Loop Road sundanceresort 801-223-4510 450 45 5 320" 6,100' 8,250' 2,150' 55 Provo, UT 84064 .com Cherry Peak 435-200-5050 11000 N. 3200 E. skicherrypeak 435-200-5050 200 20 4 322" 5,775' 7,050' 1,265' 99 13 Cherry Creek Canyon .com Richmond, UT 84333 Nordic Valley 801-745-3511 3567 Nordic Valley Way 801-745-3511 140 23 4 300" 5,440' 6,400' 960' 51 13 nordicvalley.com Eden, UT 84310

*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 2019 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 - Travel & Recreation FOCUS · March 18-24, 2019 · 19

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TRAVEL AGENCIES Ranked by Total Sales 2018 List Development Laneace Gregersen | [email protected]

Company Name Phone

Address Web Percentage Specialties President/CEO Vacation/ Total Sales Sales Total 2018 Percentage Business Travel Liesure Travel Number of ces Utah Offi Number of Utah Employees Year Established

Christopherson Business Travel Business travel 801-327-7700 5588 S. Green St., Ste. 300 $682M 91% 9% 1 213 management, corporate 1953 Mike Cameron 1 cbtravel.com SLC, UT 84123 travel technology Hess Corporate Travel 801 292-8687 Business travel 150 N. Main St. $134M 95% 5% 1 40 1985 Alan H. Hess 2 hesstravel.com management Bountiful, UT 84010 Morris Murdock Travel Cruises, leisure vacations, 801-888-6699 101 S. 200 E. $110M 70% 30% 5 100 incentives, meetings, 1958 Brian Hollien 3 morrismurdock.com SLC, UT 84111 private charters Julie Smith Get Away Today Discount vacations to 855-GET-AWAY CEO 1650 E. 5700 S. $105.5M 0% 100% 1 55 Southern California, 1990 4 getawaytoday.com Chuck Smith South Ogden, UT 84403 cruises, Hawaii & beyond President Columbus Travel 801-295-9568 Vacations & cruises 563 W. 500 S., Ste. 180 $36.8M 0% 100% 1 34 2001 Mark Faldmo 5 columbusvacations.com incentive & group travel Bountiful, UT 84010 Ocean & river cruises, international travel, Cruise & Travel Masters 801-268-4470 honeymoons, destination 4376 S. 700 E. cruiseandtravelmasters. $21M 35% 65% 1 40 1984 Toby Nash 6 weddings, anniversary trips, SLC, UT 84107 com family vacations, family reunions, group incentives Snelgrove Travel Centers Inc. 801-544-1800 Vacations, cruises, Disney, 145 W. Gentile St. $17.9M 0% 100% 1 19 1991 Richard Snelgrove 7 snelgrovetravel.com ski trips Layton, UT 84041 Clawson Travel 801-582-0303 Corporate, international, 216 S. 1300 E. $15M 80% 20% 1 10 1933 Brad Clawson 8 * airline, cruise, hotel, car SLC, UT 84102 Wren International 801-364-4481 Purveyors of fi ne travel, 320 E. 900 S. $10M 90% 10% 1 7 1996 Douglas Wren 9 wrenintl.com incentives & groups SLC, UT 84111 Thomas Travel Leisure packages, 801-266-2775 535 E. 4500 S., Ste. D200 $7M 10% 90% 2 10 European river cruises, 1951 Robert Guymon 10 thomastravel.com SLC, UT 84107 theater groups All Points Travel Destination & group 801-466-1101 Marjorie Donoghue 141 E. 5600 S., Ste.100 $3.8M 5% 95% 1 4 specialists 1992 11 allpointstravelonline.com Corina Johnson Murray, UT 84107 full-service agency Destinations Inc. 801-446-5000 Group, meeting 1194 W. South Jordan Pkwy., Stes. B&C * 98% 2% 1 28 1990 Rick Lambert 12 destinationsinc.com & incentive travel 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 2019 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]

SPIKE has preserved the history of the era uge is an excellent place to observe to be missed for the kids are “Baby from page 16 and the area and captured many stories wildlife along a 12-mile auto tour Animal Days,” April 3-6, 10 a.m. to 6 of the station and the past. Included is route. There are also 1 1/2 miles of p.m. museum attracts over 265,000 visitors the Utah State Railroad Museum, the trails around the world-class Wildlife Logan “Cruise In” annually. Admission is free (contri- John M. Browning Firearms Museum, Education Center located one-quarter The 37th Cache Valley Cruise In butions appreciated). The museum the Browning-Kimball Classic Car mile west of I-15 at Exit 363. will take place July 4-6 in Logan. It is is open Monday through Saturday Museum and the Utah State Cowboy Brigham City Peach Days the largest three-day car show in Utah, except Thanksgiving, Christmas Eve, and Western Heritage Museum. Peach Days began in 1904 as an with over 800 cars. There is also an Christmas Day and New Year’s Day, Bear River Migratory Bird Refuge event to celebrate a “day off” during indoor area showing specialty cars. from 9 a.m. to 4:30 p.m. In the 1920s, due to the loss of the peach harvest. The annual event Activities include a “show and shine” The museum also supports on- marshes and huge bird die-offs from attracts approximately 35,000 people sock hop, concert and Main Street going research and educational pro- botulism, local individuals and organi- with a variety of events. This year’s Cruise of classic cars. Tickets are grams. zations urged Congress to protect this event is Sept. 6-7. required for some events. Ogden’s Union Station valuable resource in Northern Utah. In Western Heritage Center Bear Lake Raspberry Days It was once said “You can’t get 1928 the Bear River Migratory Bird Located about 20 minutes from Raspberry Days at Bear Lake anywhere without going through Refuge was created. It is now one Brigham City on Highway 89 in are Aug. 1-3. Events include arts and Ogden!” In its heyday, nearly 120 of over 550 refuges in the National Wellsville, the center shows pioneer crafts shows, a parade, the Laketown trains per day would stop at Ogden’s Wildlife Refuge System. Of the more life in the Old West through interactive Rodeo, live concerts, a 5K run, a pan- Union Station carrying business and than 200 bird species that use the exhibits, period buildings and farm cake breakfast, a golf tournament and leisure travelers alike. Union Station refuge, 67 species nest there. The ref- implements and seasonal festivals. Not fireworks. The Enterprise - Travel & Recreation FOCUS · March 18-24, 2019 · 21 22 · March 18-24, 2019 · The Enterprise - Travel & Recreation FOCUS Love to travel - or hate it ... there's an app for that Traveling is different for every- Waze and all of the data pooled from it was “awesome” or “stylish,” add a Knowing what to expect will one. Some people love it and some its users is a quicker trip with fewer detailed review and even post photos. make your flight much more enjoy- people hate it. Some people do it to surprises. You’ll know about an acci- Thanks to the users, there are new able. This application has turbulence get to work every day and dent ahead and be able to restrooms constantly being added and and storm map forecasts that you can some people do it for “work” avoid the traffic from it existing ones being reviewed. So, if check on while by vacationing every day. No before it becomes an issue. you HAVE to go, make flying. You can matter the reason behind your Users also report the current it more enjoyable. see the potential traveling, it could always go state of traffic where they Now that you turbulence and more smoothly than it does. are at that moment. So, you have the mobile apps its severity for Traffic, lack of amenities can know what to expect to handle any road the next hour, and fear are just some of the BAHAR and see if a different route trips you may go on, FERGUSON six hours and things that can get in the way would be better for you. let’s focus on handling 12 hours. Like of smooth traveling. While Need proof that this is flights and any anxiety all of the apps I there is no app that can completely an extremely effective tool? Well, just you or a loved one have eliminate traffic or last month, police in New on a plane. Considering have mentioned instantly rid you of York City demanded more than half of the in this article, your fear of flying, that Waze remove the population has some sort SOAR is free. there are apps that feature of marking of flight anxiety, odds are However, it can help with all police locations. This that someone you know does have in- these things and alert to other Waze driv- and fly with faces these app purchases more. ers was clearly working struggles. SOAR is a fan- available that Since driving as police noticed driv- tastic mobile application consist of is the most com- ers avoiding their hiding that helps you overcome a additional mon form of trav- spots. The Waze commu- fear of flying. anxiety con- el (for either work nity is strong and users are SOAR tackles every trol courses. or pleasure), it proud to help one another aspect of flight anxiety. This Getting to would be the have a more enjoyable app has techniques to curb your vaca- most beneficial drive. anticipation anxiety, airport tion spot is to make smooth- You may be hav- anxiety and in-the-air fear. only half of er. One of the ing a quick and ticket-free You can find countless facts the journey. best apps to drive thanks to Waze, but regarding the takeoff, climb Once you get there, you have for driving imagine your worst fears and cruise and landing. The most need to make sure you make the most is called Waze. being realized. Despite your helpful inflight tool is the G-Force of your time. The best way to do this Waze offers well-planned departure, it reader. is by using the Trip Advisor app to turn-by-turn looks like you will have This help you find fantastic restaurants, fun navigation to pull over to use a gas G-Force with help from station bathroom. Yikes! chart things to do in your area and tourist its millions of users. Users on No matter how well you shows the traps to avoid at all costs. the navigation app report traffic, road dehydrate yourself prior to driv- level of Wherever you are, there will hazards, speed traps and more. ing, or how well you plan your Gs (gravi- be unique activities and restaurants The end result of trip, this can always become a tational that Trip Advisor will help you find. problem. The solution to this pull) in You can easily schedule your days by dilemma is the Sit or Squat app real time. booking some of the best-kept local by Charmin (yes, the toilet paper It also secrets. Depending on where you are, company). explains you can book sightseeing tours, cook- Sit or Squat shows all the that planes ing classes, canyon yoga lessons, boat restrooms in your area and can take rides and more. whether or not you would want up to five Every mobile app discussed in to sit to use them, meaning they Gs of force this article was designed to solve a are clean, or squat to use them, without tak- problem that you will run into while meaning you’ll want to keep ing damage. traveling. Thanks to the advance- a clean distance. You can also This makes ments of technology, your traveling quickly identify if the restroom the little will accommodate your needs. bumps you has become much easier and cheaper. For instance, the app identi- feel seem The cool thing about all of these apps fies if the restroom is handi- a lot less is that their users power them. It isn’t cap accessible, has a diaper threatening just a single app creator helping you changing table and if a fee or key is when you see how low they are regis- navigate a new area; it is millions of required for use. tering. A helpful tip on this is to keep supportive users using this technology Like Waze, the content and use- the phone level on your table. If you to help others. fulness of this app is thanks to the hold it in your hand and make a quick community of users. Users of this movement with the bump, you’ll see Bahar Ferguson is the president of Wasatch app can say whether a restroom was a much larger number than it actually I.T., a Utah provider of outsourced IT servic- for sitting or squatting, identify if was. es for small and medium-sized businesses . 23 • March 18-24, 2019 • The Enterprise - Utah's Business Journal Revolutionizing Real Estate No matter what you are looking for, I can help you nd it!

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reported a net loss attributable to loss of $118.6 million for the EARNINGS common stockholders of $12.9 fourth quarter ended Dec. 31. from page 14 million, or 11 cents per share, for That compares with a net loss of CLASSIFIED the fourth quarter ended Dec. 31. $135.4 million in the 2017 fourth year-earlier quarter. That compares with net income quarter. For the full year 2018, the of $183.9 million, or $1.60 per Revenues in the most recent company reported a net loss of share, for the same quarter a year quarter totaled $276.5 million, up VOLUNTEER $58,000, or zero cents per share. earlier. from $235.8 million in the year- That compares with a net loss of Revenue in the most recent $279,000, or 1 cent per share, earlier quarter. quarter totaled $63.5 million, for 2017. Revenue in 2018 to- For the full year 2018, the down from $66.8 million in the taled $18.2 million, up from company reported a net loss of prior-year quarter. $15.6 million in 2017. $467.9 million, compared with For the full year 2018, the The company designs and a loss of $410.2 million in 2017. International Relief Teams Seeks Skilled company reported a net loss at- manufactures drilling tool tech- Revenues in 2018 totaled $1.05 tributable to common stockhold- Construction Volunteers nologies. billion, up from $882 million in ers of $15.6 million, or 13 cents International Relief Teams (IRT) is seeking volunteers with construc- “2018 was a year of many 2017. per share. That compares with tion skills (handypersons or licensed contractors) for one week de- successes and significant prog- APX is the parent holding ployments to U.S. flood affected areas to help those families who can- net income of $209.1 million, or ress for SDP,” Troy Meier, company and owner of Vivint not financially recover on their own, get back into their homes. $1.85 per share, for 2017. chairman and CEO, said in an- Inc., a provider of smart home Our construction teams are currently working in Louisiana in the af- Revenue in 2018 totaled termath of last year’s record floods, and anticipate we will be needed nouncing the results. “Of note, technology. $290.3 million, up from $268 in Texas in the near future. our Drill-N-Ream, a strongly “At the beginning of 2018, Although skilled construction volunteers are our first priority, we will million in 2017. patented and unique well bore Vivint established a number of be adding a limited number of unskilled volunteers to each team. All Vivint Solar is a residen- conditioning tool, continued key initiatives to deliver dur- volunteers accepted for this assignment will be flown commercially tial solar provider in the United from an airport near their home to an airport near the job site, leav- to gain ground in both North ing the year, including aggres- States. ing on a Sunday and returning the following Sunday. IRT will provide America and the Middle East. sive growth targets, cash-flow minivans for volunteers to use to for local transportation to and from We believe that our accomplish- improvements, and broad tech- the arrival airport and to and from the job site. Lipocine ments strengthen the foundation Teams will be housed at local churches or other suitable facilities. Vol- Lipocine Inc., based in Salt nology enhancements within our unteers are responsible for bringing their own bedding, towels, and from which we can drive further Lake City, reported a net loss of smart home platform,” Todd Ped- toiletries. There is a $150 volunteer participation fee to help cover growth.” ersen, CEO, said in announcing airfare and local transportation costs, and volunteers are responsible $11.7 million, or 55 cents per Meier said 2019 “has start- the results. for their own meals while on assignment. ed out strong in both the Mid- share, for the full year 2018. That Work is performed Monday through Friday (full days) and a half day “As we look back upon the dle East and North America. compares with a net loss of $21 on Saturday. Job assignments generally include installing windows, million, or $1.05 per share, in year, we believe we’ve made sig- doors, kitchen cabinets; laying tile, linoleum, or wood flooring; build- The DNR’s market acceptance nificant progress in each of these ing handicap ramps to the home; roofing; drywall and mudding; finish in the Middle East is expand- 2017. areas. Our year-over-year growth carpentry work, finishing plumbing; and other related tasks. We ask ing quickly and we believe we Revenue in 2018 totaled each volunteer to bring basic hand tools, such as a tool belt, hammer, in new subscribers and total rev- are positioned to address a rapid $428,031, compared with no rev- pliers, putty knives, tape measure, etc. Power tools, generators, com- enue was robust at 15.3 percent increase in demand. We contin- enue in 2017. pressors, and other large specialty tools are provided by IRT and our and 19.1 percent, respectively; local agency partners. ue to engage in productive dia- Lipocine is a specialty phar- our Flex Pay program continued For more information, contact Brett Schwemmer (bschwemmer@ logue with our North American maceutical company developing irteams.org), or to apply for an assignment, fill out an online volunteer to define a best-of-breed capabil- DNR distributor to pursue op- innovative products using its pro- application (www.irteams.org). prietary drug delivery technolo- ity within our industry; and our About IRT: Since 1988, IRT has been actively involved in helping fam- tions and opportunities to in- ilies in need in 68 international disasters, and 24 U.S. disasters. IRT crease domestic market penetra- gies. software, firmware and hardware construction teams worked for more than six years repairing and re- tion.” releases in mid-2018 have led building homes in Mississippi after Hurricane Katrina, and four years APX Group to material improvements in the in New Jersey after Superstorm Sandy, and is now working in Louisi- Vivint Solar APX Group Holdings Inc., quality of service and functional ana after last year’s record floods. Vivint Solar, based in Lehi, based in Provo, reported a net capabilities.” 24 · March 18-24, 2019 · The Enterprise - Utah's Business Journal

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