www.slenterprise.com August 5, 2019 Volume 49, Number 3 $1.50 OF NOTE Utahns a little less optimistic than last year Although economic optimism remains strong for Utah residents, July saw enough of a drop in the Zions Bank Utah Consumer Attitude Index (CAI) to result in a slight downturn in the index for the past year. The There's an app for that? CAI decreased 2.4 points to 113.3 in July, Technology — such as in place at a data center like this — throughout the Utah economy contributed Pampers is introducing an bringing the year-over-year CAI down $29.7 billion to the Utah GDP in 2018, according to a study by the University of Utah’s Kem C. slightly by 0.3 points. Internet-connected device called Gardner Policy Institute. The state has more than 310,500 tech-related jobs paying $20.4 billion. By comparison, the national Consum- Lumi that attaches to a baby's er Confi dence Index increased 11.4 points diaper to alert parents about the to 135.7 in July. child's activities. A sensor sends Report: Impressive present and The Utah Present Situation Index, a alerts when the diaper is wet or sub-index of the CAI, dropped 3.6 points messy as well as information to 124.8 in July. Utahns’ attitude on cur- about the baby's sleep and wake rent job availability worsened as 5 per- times. It also reminds parents promising future for Utah tech cent fewer Utahns feel jobs are plentiful of feeding times. Pampers' par- ings and generated $29.7 billion in GDP. (down to 61 percent) and 1 percent more Brice Wallace ent company, Proctor & Gamble, “Utah’s tech economy features a fas- feel that jobs are hard to get (up to 9 per- The Enterprise hasn't said yet how much Lumi will cinating past, impressive present and prom- cent). Yet compared to July 2018, 5 percent cost. It is due in stores this fall. ising future,” the report states. more Utahns feel that business conditions Strong and getting stronger. Utah tech companies that year are good (up to 64 percent). Another sub- Industry News Briefs That describes technology’s impact employed 118,600 people. When added index, the Utah Present Situation Index, is pages 8-11 on the Utah economy, based on figures to jobs the tech industry generated in up 0.8 points since July 2018. and analysis in a recent report compiled by other industries, the impact of 310,500 jobs The Utah Expectations Index dipped Business Calendar the University of Utah’s Kem C. Gardner equated to 15 percent of Utah employment, 1.5 points to 105.5. Slightly more Utahns page 13 Policy Institute. or one in seven jobs in the state. The state’s feel that business conditions will get worse The state-funded report indicates Opinion tech industry accounted for 6.4 percent in six months (up 1 percent to 9 percent) that in 2018, tech’s total economic effect and that their household income will be page 20 accounted for more than 310,500 jobs at lower in the next six months (up 3 percent see TECH page 21 companies that paid $20.4 billion in earn- to 6 percent). The Expectations Index has decreased 1.1 points since July 2018. Even so, many Utahns are optimistic about their income outlook: 38 percent feel their in- Jobless rate inching on down come will increase in the next six months. Utah has been a national leader for its “The Utah economy remains strong and That’s the highest level reached since low unemployment rate for several years and continues to absorb and employ labor at a March 2018. it got a little bit lower in June, according to fast pace,” said Mark Knold, senior econo- Though Utahns’ confi dence is moder- fi gure released by the state’s Department of mist at the Department of Workforce Servic- ating somewhat, their expectations on job Workforce Services. June’s rate was 2.8 per- es. “The unemployment rate has lowered to security is at one of the highest points of cent, down from 2.9 percent in May. 2.8 percent, the lowest in more than 12 years. the past two years, with 81 percent feeling Meanwhile, the national unemployment It is remarkable that Utah can still grow the it is unlikely they will lose a job they want rate ticked up one –tenth of a point to 3.7 per- employment base by 3.0 percent given this to keep. The highest recorded level of job cent. extremely tight labor market.” security expectations since this index be- Utah’s nonfarm payroll employment Utah’s private-sector employment grew gan in January 2011 is 84 percent, set in has grown by an estimated 3 percent, adding by 3.2 percent year-over-year with the addi- November 2016. 45,200 jobs to the economy since June 2018. tion of 40,200 positions. All 10 of the pri- “There have been debates about the Utah’s businesses currently employ about vate-sector industry groups measured in the future of the economy, with some express- 1,561,400 people. survey posted net job increases in June. The ing very positive outlooks and others pre- The unemployment rate translates to largest private-sector employment increases dicting another turndown,” said Scott An- approximately 45,500 Utahns being unem- were in education and health services (9,900 ployed and actively seeking work during the jobs), professional and business services June. AFCU-Business-Strip.pdf 3 5/7/19 5:02(8,600 PM jobs) and manufacturing (6,300 jobs). see CAI page 14 C

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Chargeback names John Munro new CEO Ag department names fi rst 8 Chargeback, a developer of ronment,” said Munro. “I joined and engineering teams. Kent has software for fi nancial dispute Chargeback as COO as a result worked as a sales and strategy cannabis cultivation licensees management based in Salt Lake of the organization being poised leader at Domo and Oracle. Utah has selected the fi rst eight companies that will be City, has named John Munro as Before joining Chargeback, to build an unrivaled dispute licensed to grow medical marijuana under the state’s Med- its new CEO. Munro moves up Munro led organizations like platform that produces ROI well ical Cannabis Cultivation Program. A combination of lo- from his previous position as Impact Discovery, OrangeLT beyond simply defl ecting or re- cal and out-of-state companies, the eight were chosen from chief operating and Lighthouse eDiscovery. His sponding to disputes. Now as among 81 applicants. The program allows up to 10 licens- offi cer. focus is on improving the cus- CEO, I’m committed to execut- es. Chargeback tomer experience. ing our strategy and supporting “I want to personally thank all the businesses and in- also announced “This new executive team growth and innovation with the dividuals who participated in this process,” said Kerry W. other changes and leadership puts Chargeback right operational framework.” Gibson, commissioner of the Utah Department of Agricul- in its executive in a better position than ever Mitchell brings over 15 ture and Food. “Our committee spent hundreds of hours re- team with the to further itself as the leader in years of experience in build- viewing 81 applications to make sure they selected the top appointments SaaS-driven dispute manage- John Munro producers who will deliver a high-quality, safe product for of Daniel Mit- ing businesses, managing inter- ment,” said Scott Stone, chief Utahns. Half of the awardees already have existing busi- chell as chief fi nancial offi - nal and external reporting, as strategy offi cer and founder of nesses in Utah and the other half are out of state but have cer, Scott Schlegel as chief tech- well as risk and liquidity man- Chargeback. “The combination Utah ties. All grows will be located in Utah. Seven of the nology offi cer and Colin Kent as agement for both startups and of extensive knowledge and var- proposed sites are in rural areas and one is in an urban area.” vice president of sales. investment banks, including ied viewpoints has already al- The eight companies selected to receive licenses are “The disputes and charge- Goldman Sachs and Morgan lowed us to make changes that Dragonfl y Greenhouse, Harvest of Utah, Oakbridge Green- backs industry has heated up in Stanley. Schlegel, formerly of impact the ultimate trajectory of houses, Standard Wellness Utah, True North of Utah, Tryke the last year, with card networks Nav, O.C. Tanner and LinkedIn, our business. We’re all excited Companies Utah, Wholesome Ag., and Zion Cultivars. moving to streamline an increas- has spent the past decade help- to see what the future holds for “The decision to only award eight licenses was made ingly challenging dispute envi- ing companies build product Chargeback.” to avoid an oversupply of product, while still maintaining a healthy diversity of cultivators for purposes of competition of product quality and patient pricing,” said Andrew Rigby, the department’s director of medical cannabis and industrial hemp programs. Health Catalyst closes 8.05M-share IPO “While these eight have been selected, the fi nal approv- Health Catalyst Inc., a Salt and fully exercised the option, the offering as representatives of al of their licenses are still pending the completion of the Lake City provider of data and resulting in total gross proceeds the underwriters. Piper Jaffray, background checks and compliance with other aspects of analytics software and service to of $209.3 million, before deduct- Evercore ISI and SVB Leerink the law and rules,” said Melissa Ure, senior policy analyst the healthcare industry, has an- ing underwriting discounts and acted as passive book-running at the Department of Agriculture and Food. nounced the closing of its ini- commissions and other offering managers. SunTrust Robinson Last week, six of the unsuccessful bidders met the tial public offering of 8,050,000 expenses payable by Health Cat- Humphrey acted as a co-manag- deadline to appeal the department’s decision to award only shares of common stock. The alyst. er for the IPO. eight licenses. In addition to its demand that all 10 licenses shares were sold to the public at Health Catalyst’s common Health Catalyst provides be awarded, the challenge also says that the state had inap- $26 per share, the company said stock began trading on the Nas- cloud-based data and analyt- propriate interactions with the successful applicants. That in a statement last week. daq Global Select Market under ics technology and services to claim arises from a provision in the law that prohibited of- Health Catalyst said that the the symbol HCAT on July 25. healthcare organizations. The fi cials from the Department of Agriculture involved in the offering underwriters held an op- Goldman Sachs, J.P. Mor- company’s software currently selection process from discussing submissions with the ap- tion to purchase 1.05 million ad- gan and William Blair acted as handles more than 100 million plicants during the application period that began in May. ditional shares of common stock joint book-running managers for patient records.

The Enterprise - Utah's Business Journal • August 5-11, 2019 • 3 Civica Rx contracts with British pharmaceutical giant for 14 medications Civica Rx, the nonprofi t cor- The 14 drugs are in addition Salt Lake City’s Intermountain Hikma has launched more than poration founded in Salt Lake to two medications Civica has Healthcare was a leader in the 20 medications into U.S. short- membership includes a govern- City last year with the stated goal announced it will purchase from formation of Civica in association age situations and in 2016 the ing board and founding and part- of reducing chronic generic drug Copenhagen-based Xellia Phar- with hospitals and medical pro- company received a Drug Short- nering members. It will establish shortages in the U.S., and Hikma maceuticals. Those drugs are the viders across the United States. age Assistance Award from the long-term contracts with health Pharmaceuticals PLC, a multi- broad-spectrum antibiotics van- Intermountain’s Dan Liljenquist U.S. Food and Drug Adminis- system members as well as its national generic pharmaceutical comycin and daptomycin, Civica is the company’s chairman of the tration (FDA) for its role in pre- manufacturing partners in or- company based in London, have said in May. All of the medica- board. Civica opened its national venting or alleviating drug short- der to assure fair and sustainable announced a fi ve-year headquarters in Lehi ages. Hikma has manufacturing prices to its member hospitals. It agreement that calls for in April. The Univer- and sales facilities throughout will seek to ensure it has dedi- Hikma to produce 14 sity of Utah’s health the United States, the Middle cated manufacturing capacity drugs to supply Civica’s system is a partner East, Europe and North Africa. It for the medications that are most growing membership. member of Civica. employs 8,400 worldwide. needed in hospitals across the Although names of To date, more than country through redundant man- “Hikma is thrilled to be the actual drugs to be 30 health systems are ufacturing and strategic stock- partnering with Civica to reduce produced will not be Civica members, rep- piling of medications to prevent drug shortages and we share their announced for several resenting more than drug shortages in the future, the commitment to providing hospi- weeks, the companies said that tions are expected to be available 900 hospitals and approximate- company said. It will specifi cally they include 14 essential sterile for distribution to Civica mem- ly 30 percent of all licensed U.S. tals and doctors with a steady focus on a supply of antibiotics, injectable medications used daily bers before the end of the year hospital beds. and reliable supply of high-qual- anesthetics, cardiac medications, by hospitals in emergency care, with the antibiotics available as Hikma is the third-largest ity injectable medicines needed pain management medications surgery, pain management and in soon as the end of the summer. U.S. supplier of generic injectable for successful patient care,” said and other essential sterile inject- treating hypertension. The medi- Civica was announced in Jan- medicines, with a growing port- Daniel Motto, Hikma’s execu- able medicines used in hospitals cations will carry Civica’s private uary 2018 by leading U.S. hos- folio of more than 100 injectable tive vice president of commer- daily. The organization hopes to label and will use Hikma’s Ab- pital systems concerned about products. Today, one in every six cial and business development. eventually establish its own man- breviated New Drug Applications generic drug shortages and phil- generic injectable medicines used “This agreement recognizes both ufacturing facilities. (ANDAs) and Civica’s labeling anthropic organizations passion- in U.S. hospitals is a Hikma prod- our ability to deliver a large and and National Drug Code (NDC). ate about improving healthcare. uct. During the past three years, consistent supply of quality med- icines and the signifi cant invest- ments we have made to expand UTAH’S BUSINESS JOURNAL New U Life moves from California to Lehi our injectable manufacturing ca- USPS # 891-300 pacity and capabilities.” Published weekly by: New U Life Corp., a formu- timeframe, I am very proud of tive suites, open work spaces and “We applaud Hikma’s clear lator and direct-sale marketer multiple conference rooms. Enterprise Newspaper Group New U Life’s rapid growth and commitment to reducing drug of health supplements, is mov- “New U Life’s decision to 825 North 300 West Ste. NE220 am now looking forward to scal- shortages,” said Martin VanTri- ing its corporate headquarters ing and continued growth with relocate its headquarters to the Salt Lake City, Utah 84103 este, president and CEO of Civi- 801-533-0556 FAX 801-533-0684 from Pleasant Hill, California, to our new executive team and fa- Thanksgiving Point development Thanksgiving Point in Lehi, the of Silicon Slopes was strategic in ca Rx. “Our partnership will help www.slenterprise.com cilities,” said New U Life founder us make an impact as quickly as company announced in a recent and CEO Alexy Goldstein. “We solidifying the company’s foot- PUBLISHER & EDITOR possible. We specifi cally chose R. George Gregersen release. The move was effective reinvest our profi ts into people, hold in the newly dubbed mec- Hikma because of their strong PRESIDENT Aug. 1. and our newly opened Lehi head- ca of the direct selling industry,” New U Life has 94,000 di- the company said in its statement. manufacturing capabilities and David G. Gregersen quarters are poised to house our [email protected] rect-sale distributors that market “New U Life’s new state-of-the- believe their excellent quality brand as we continue to drive products such a transdermal hu- art facilities will house the com- and supply record will be key VP/GENERAL SALES MANAGER innovation in the nutraceutical Dale Dimond man growth hormone gel and a pany’s product development, to our success in ensuring vi- [email protected] ketone drink mix. The company and direct selling industries.” creative, in-house legal counsel, tal medications are consistently The new headquarters hous- MANAGING EDITOR expects to have an open house at marketing and sales teams who available for hospitals and pa- John M. Rogers its new facility in September. es New U Life’s executive team will bring the vision of New U tients who need them.” [email protected] led by its chief operating offi cer, “Having amassed over Life to fruition as its team of dis- Civica was established as CONTROLLER 94,000 distributors within a short Bryan Sweeney. It has execu- tributors continues to expand.” non-stock corporation and its Richard Taylor [email protected] OFFICE MANAGER Dionne Halverson [email protected] CLASSIFIED AND REAL ESTATE YOUR PERFECT [email protected] CIRCULATION Dionne Halverson [email protected] PATIO IS CALLING LIST DEVELOPMENT Laneace Gregersen Ask us how a Home Equity Line of Credit can help [email protected] ADVERTISING INQUIRIES you be the boss of your assets. [email protected] TO CONTACT NEWSROOM [email protected] ART SUBMISSIONS [email protected] Rates as low as Subscription Rates: Online only, $65 per year Print only, $75 per year % Online and Print, $85 per year APR Any opinions expressed by the columnists are not 1.99 necessarily the opinions or policy of Enterprise, it’s owners or managers. Reproduction or use of contents without written consent of the publisher is prohibited. All rights reserved. University Credit Union HELOC's have a 10 year draw period followed by a 10 year repayment period. Minimum line of credit is $5,000 with a $100 minimum advance. Fees will © 2013 Enterprise Newspaper Group Inc. be incurred if HELOC is closed within 24 months of its origination date. Homeowner insurance will be veri ed. Rate may vary. Federally insured by NCUA. Limited time Periodical postage paid at Salt Lake City, Utah promotion. Afer the promotional rate the APR may vary between 3.74% APR and a NMLS #654272 POSTMASTER: Send address corrections to: maximum of 18.00% APR. Minimum payment will not be less than $50. P.O. Box 11778, Downtown Station Salt Lake City, Utah 84147 Ads-8.375x10.875_v1.pdf 2 11/12/18 11:02 AM 4 • August 5-11, 2019 • The Enterprise - Utah's Business Journal

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As an America First business BUSINESS ACCOUNTS member, you’ll have access to SMALL BUSINESS LOANS outstanding financial products, services, tools and our dedicated COMMERCIAL LENDING americafirst.com team of industry experts. BUSINESS VISA FEDERALLY INSURED BY NCUA. EQUAL OPPORTUNITY LENDER. The Enterprise - Utah's Business Journal • August 5-11, 2019 • 5 Santa Clara Council approves huge new resort development USU study: Ostracism on the job The Santa Clara City Coun- Knolls Pasture project, which is cil has paved the way for a new no longer being pursued due to leads to signifi cant troubles at home residential resort community to the 2008 recession. Similar zone New research from Utah State University’s Their research shows that of the respondents be built in the Southern Utah changes are being pursued with Jon M. Huntsman School of Business indicates who said they had experienced some form of community. In its meeting in Ivins offi cials. 66 percent of employees experience some form workplace ostracism, 68 percent reported feeling July, the council voted to amend Santa Clara City Planner of ostracism at work, which can create a signifi - burned out at home. Interestingly, 82 percent of the city’s general plan land-use Bob Nicholson said the San- cant negative impact on both the employee and their spouses reported that the worker engaged map to allow for the mixed-use ta Clara general plan stresses the employee’s family. in family undermining at home (e.g., acting in project. The project — called the importance of preserving “When a person feels ostracized at work, he an unpleasant or angry manner when they came Black Desert — includes an 18- unique, sensitive areas, like the or she is even more likely to feel emotionally ex- home from work, or taking out work frustrations hole golf course, hotels, trails lava fi elds. He said that Enlaw hausted by their job than someone who has ex- on family members). What’s more, 70 percent of and housing located near the En- has shown an effort to preserve perienced really egregious behaviors like sexual those spouses indicated that they then felt burned trada at Snow Canyon develop- the ridges and many of the high harassment or an abusive boss,” said Merideth out by family life. ment between Santa Clara and points of the lava fi elds. Black Thompson, management department professor “We’ve learned through this study and oth- Ivins. Desert includes 178 acres of at USU’s Huntsman School. “If your supervisor ers that work and family life are completely inter- The development of the open space in Santa Clara, in- yells at you, at least it signals you’re worth the woven; when a person feels ostracized at work, Black Desert project is being cluding mostly lava beds. Al- time and energy. But feeling unnoticed in meet- it’s contagious,” Thompson said. “They’re more managed by Enlaw, an Alpine- though some pristine lava beds ings or being the only person sitting alone in the likely to feel dissatisfi ed with their job, which based real estate development will be removed as part of the offi ce lunchroom signals you aren’t. You begin triggers them to act out toward their family. This fi rm. It consists of 600 acres of proposal, the project does meet to wonder what’s wrong with you or whether leads to their spouse also feeling unhappy in their development, with 298 acres the general pPlan’s requirement you’re intentionally being overlooked.” home life, potentially causing the spouse to take in Santa Clara and 302 acres of lava bed preservation. Because people tend to ruminate more on out those frustrations at their own workplace.” in Ivins and will include about Enlaw said it is currently feeling ignored or snubbed at work, it can cre- Although ostracism fl ies under the radar in 1,937 low-to-medium-density working with a golf course de- ate psychological distress that crosses over into most organizations, companies can take extra residential units, Enlaw said. signer to work on the layout of home life, Thompson said. steps to prevent it. Managers should be aware of The next step for develop- the course. More details will Thompson and colleagues at Baylor Univer- how they treat others and the culture they mod- ers is applying for a zone change become available as the rezon- sity, Temple University and Texas State Univer- el, Thompson said. Preventing ostracism could from planned development resi- ing application is considered, sity authored an article titled “The Cost of Being also be integrated into organizational policies, dential to mixed-use. The San- including what the housing Ignored: Emotional Exhaustion in the Work and for example, considering collegiality and respect ta Clara City Council rezoned will look like and what types Family Domains,” which was recently published as part of the recruiting, onboarding and perfor- the land to planned develop- of housing will be available, in the Journal of Applied Psychology. mance appraisal processes. ment residential in 2007 for the Nicholson said. 6 • August 5-11, 2019 • The Enterprise - Utah's Business Journal Johnson is Woman Entrepreneur of the Year DWS to award $1 million in The Women’s Business Cen- business.” 1/2 years but really it took a life- ter of Utah has selected Kamea The Women’s Business Cen- time to get here,” said Johnson. Talent Ready Utah grants Jonnson, owner of Salt Lake City ter of Utah is an organization “The setbacks, mistakes and les- The Utah Department of Workforce Services has announced stationery company Chosen Cre- within the Salt Lake Chamber sons learned were only part of my $1 million in grants designed to better meet the state’s skilled ative, as its 2019 Woman Entre- with the stated mission “to help journey to this celebrated event. workforce needs. Talent Ready Utah grants are designed to preneur of the Year. Utah women build confi dence, The Women’s Business Center of strengthen collaboration between industry, education and eco- “We are thrilled to honor a create opportunities and experi- Utah helped changed my life and nomic development leaders to create talent pipelines for high- woman business owner who is ence success in business owner- I can only hope to inspire other demand, high-wage occupations. an example of the female entre- ship.” women to never give up on their “With today’s hot economy, more than ever it is essential for preneurial spirit,” said Ann Ma- Johnson’s business, Chosen dreams and reach for the impos- education and industry to work together to solve workforce chal- rie Wallace, state director of the Creative, sells cards, wall art, vin- sible every chance they get.” lenges,” said Jon Pierpont, executive director of the Department Women’s Business Center of tage paper goods, custom wed- Johnson will be honored on of Workforce Services. “This year’s grant winners have demon- Utah. “Kamea is a standout client ding invitations, business and Aug. 15 at the 19th annual Wom- strated a spirit of collaboration between industry and education who deserves to be applauded for wedding logos, various notepads en in Business Summer Social. with the overall objective to build Utah’s workforce.” her passion and perseverance in and paper goods. Event details can be found at wb- The grants will bolster programs sponsored by Salt Lake starting and growing a successful “I have been in business for 2 cutah.org. Community College, Carbon High School, Davis Technical Col- lege, Southern Utah University, Tooele Technical College, Utah State University and Weber State University, as well as an intern- ship program with the Rural Water Association of Utah. One of Young Living acquires Nature's Ultra the featured grants went to the Salt Lake Community College- sponsored Horizonte Instruction and Training Center’s project on Young Living Essential Oils kets Young Living essential oil- Zest CBD roll-ons; a range of fl a- creating a pathway to healthcare professions. of Lehi has acquired Nature’s infused products, include its vored CBD oils; and a CBD mus- Talent Ready Utah supports the state’s strategy for a quali- Ultra, a Draper-based market- brands Boost, Calm, Soothe and cle rub. fi ed workforce in creating a public and post-secondary education er of CBD products that oper- system that is more responsive to industry needs. Key initiatives ates 1,500 acres of hemp farms focus on increasing the number of employers who invest in pro- in Colorado. Nature’s Ultra will viding high-quality, work-based learning opportunities and by continue to operate independent- Some things you just developing a pipeline of talent. Talent Ready Utah grants support ly, producing its products which the development of these partnerships between industry and edu- are certifi ed natural and organic, cation. Young Living said in a release. don’t share. “Our goal is to provide more opportunities for our students “The pristine conditions in Your Enterprise is one of them. to succeed,” said Joshua Bell, principle at Horizonte Instruc- the Rocky Mountains allows Na- tion and Training Center. “By creating a pathway program in the ture’s Ultra to source pure CBD Stop sharing TODAY and call for your special discount offer! healthcare industry where we know there are high-skilled and from Colorado hemp fi elds that high-demand jobs, our students will be on a path to a successful are grown without the use of pes- Call career.” ticides,” said Mike Buch, Young 801-533-0556 Talent Ready Utah grants are administered through the De- Living’s chief science offi cer. today! partment of Workforce Services with state funds. “By adding our oils to this high- quality isolate, we are able to of- fer a product that doesn’t com- promise on quality.” Nature’s Ultra already mar-

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Industry Briefs are provided as tunities by pro- Ocotea Farm, the newest corpo- will hold the position of assistant vice president of sales. a free service to our readers. viding asset- rate-owned farm. The 120-acre professor of teacher education for • Empiric Health, a Salt Company news information may based and fac- farm, located in Ecuador’s Pastaza the Jerry & Vickie Moyes College Lake City-based service company be sent to brice@slenterprise. toring working Province, is expected to produce of Education. Most recently, Wang that identifies unwarranted clinical com. The submission deadline is capital facilities harvests of ocotea starting as early served as executive director of variation, has hired Alycia Parker one week before publication. to commercial as 2023. With the founding of this INTO Illinois State University as vice presi- entities in the latest farm, Young Living seeks to (ISU). She previously worked at dent of market- ARTS/ENTERTAINMENT northeastern go beyond its goal of adding no ISU as associate director for the ing. Parker will • The Void, a Lindon-based Gina Mackenzie United States fewer than five farms every year. Office of International Studies and be responsible immersive virtual reality expe- with annual Programs. for marketing riences company, has opened revenues of $2 million to $150 strategy and locations in three cities this sum- A SUCCESSFUL LIFE MUST INCLUDE million. Her experience in the planning, sales mer: Atlanta; Minneapolis; and passion for your work. ENERGY financial services arena including operations Washington, D.C. The Void has • Vivint Solar, a Lehi-based working to help small and medi- Alycia Parker and sales sup- 11 locations: six in the U.S., three solar systems company, has named um-sized businesses secure work- port, including in Canada, and one each in Dubai Bill Blodgett as vice president of ing capital needed to grow. Prior opportunity analyses and product/ and Malaysia. customer oper- to her experience in the working service development. Parker has • EdgeFive Group, an ations. He will capital space, she served in vari- more than 15 years of experience event production company, has oversee Vivint ous roles at investment banking in sales, consulting and opera- opened a second location in Solar’s cor- and commercial lending firms, tions in the healthcare industry, downtown Salt Lake City. Its porate groups including Credit Suisse First most recently serving as a senior new sales and marketing office responsible for Boston, CIBC World Markets and director at Huron Consulting is in the recently remodeled his- customer care Prudential Finance. Group. toric Orpheum Theatre at 132 S. We help people do work they and experi- • CenExcel Clinical State St. The building is home are passionate about with Bill Blodgett ence. Blodgett Research Inc. has created its to CommonGrounds, a shared DIRECT SALES companies they love. has more than Centers of Excellence company, office space provider. EdgeFive • Nature’s Sunshine 25 years of experience special- which unites four clinical research Group opened in late 2018 in the Products Inc., Lehi, has restruc- izing in operations and customer units to design and executive West Valley area. That facility will tured its global business units by relations, having held roles in both Phase I-IV trials to help phar- remain open and serve as a ware- creating four regional operating CONTACT PEG NEWMAN: small and large companies across [email protected] | 801.716.5926 maceutical companies improve house facility for all event pro- business units (OBUs) “to fur- a wide variety of industries. Prior WWW.SANFORDROSE.COM/NEWMANGROUP the time and cost of new therapy duction gear, as well as Corporate ther align and target its regional to joining Vivint Solar, Blodgett development for better patient Staging Resources’ (CSR) head- strategies driving synergies in served as vice president and gen- care. CenExel operates facilities quarters. product, organizational and go-to- eral manager at Conduent. He market capabilities across both the DIVIDENDS also served as group president for in Utah, California, Georgia and Nature’s Sunshine and Synergy • The board of directors of Xerox and spent 14 years working Maryland. The CenExel Centers BANKING brands.” In conjunction with the Zions Bancorporation NA, Salt at Affiliated Computer Services of Excellence include JBR • Bank of Utah, Ogden, has new operating structure, the com- Lake City, has declared a regular (ACS) as managing director and Clinical Research, Atlanta Center hired Leonel E. Castillo as a pany has realigned its executive quarterly dividend of 34 cents per chief operating officer of several for Medical Research, Anaheim senior vice president relationship leadership. Dan Norman has been common share. The dividend is business units. Clinical Trials and CBH Health. manager and Shawn Choate as appointed as executive vice presi- payable Aug. 22 to shareholders CenExel was formed in 2018 human resourc- dent and president of Asia/Pacific of record Aug. 15. It represents with the merger of JBR Clinical es manager. HEALTHCARE (APAC), and Bryant Yates has an increase of 13 percent from the Research, a Salt Lake City facility Castillo previ- • Marketware, a Cottonwood been appointed executive vice dividend paid in the year-earlier specializing in analgesia research ously was CEO Heights-based healthcare relation- president and president of Europe. period and in the second quar- and vaccine testing, with ACMR, and president ship management and analytics Latin America will report directly ter of 2019. The board also has an Atlanta-based psychiatric of AMBank. technology company, has pro- to the president and CEO until approved a plan to purchase up to research facility. BOU Bancorp moted Carrie Bennett to chief an OBU leader is appointed. The $275 million of common shares Inc., the hold- operating officer and hired Kelly appointments follow the recent during the third quarter of 2019. ing company Skeen as vice president of sales. INSURANCE Leonel Castillo appointment of Eddie Silcock as The board also declared regular • The Buckner Co., a Salt for Bank of Bennett previ- executive vice president and presi- quarterly cash dividends on the Lake City-based insurance bro- Utah, purchased ously served as dent of North America. Norman company’s various perpetual pre- kerage, has hired Brad Kupfer as AmBancorp, the company’s will continue to play a leadership ferred shares. The cash dividend the holding vice presi- role in Synergy Worldwide’s glob- on the series A, G, H, and J shares company for dent of client al strategy as president of Synergy are payable Sept. 16 to sharehold- see BRIEFS next page American Bank strategy. She Worldwide, a position he has held ers of record Sept. 1. The cash of Commerce will continue since September 2007. Norman’s dividend on the Series I shares is (AmBank), to lead client prior roles with the company payable Dec. 16 to shareholders of in Dec. 2018. Carrie Bennett implementation BEST KEPT Shawn Choate include vice president of opera- record Dec. 1. Castillo served and success, tions and vice president of infor- SECRET IN in several leadership capacities while driving mation systems. Prior to joining for AMBank, including president EDUCATION/TRAINING Marketware’s Synergy, he was a senior manager Weber State University UTAH. and CEO of American Bank and • has overall vision of European operations at Tahitian selected Yimin Wang as senior for new prod- CEO of AMBank and American Wire rope is where we Noni International from 1998- international officer for interna- uct develop- Bank of Commerce. Choate previ- started. 2004. Yates most recently served tional programs. In addition to ment and cli- ously served as deputy director of as president of Russia, Central and leading the ent expansion. One of the largest shops management services and human Eastern Europe and wholesale. He International Prior to joining in the Intermountain resources and risk manager for Kelly Skeen has 20 years of global experience. Student Marketware in West. Slings made 12 years for Ogden City. She has He previously served as execu- & Scholar 2016, Bennett spent 12 years with to your specifications. also held positions in the manufac- tive director of international of Center, Wang LifePoint Health in system-lev- turing and hospitality industries. Nature’s Sunshine, director of will oversee el and hospital-based leadership Our staff has over 60 She is a graduate of Weber State international-Europe/Middle East the Learning roles. Bennett also served as a years of experience. University. and general manager of Nature’s English for service line administrator for St. • TAB Bank, Ogden, has Sunshine Products of Russia, an Yimin Wang Academic Joseph’s/Candler. Skeen has more hired Gina Mackenzie as vice affiliate of the company. Yates Purposes than 20 years of experience in president and business develop- has been with the company since (LEAP) program and the Study healthcare IT, including 15 years ment officer. Based in New York 1999. Abroad office, as well as uni- as the vice president of ambula- City, Mackenzie will responsible • Young Living Essential versity-wide internationalization tory sales for NextGen Healthcare. for sourcing new business oppor- Oils, Lehi, has added the Mera strategies and efforts. Wang also He also served as SONIFI Health’s

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The Enterprise - Utah's Business Journal • August 5-11, 2019 • 9 Industry Briefs from previous page Public Accountant and business cies in Utah. She graduated from MarketStar employees based in REAL ESTATE consultant. He has 28 years of the University of Utah in the two Ogden offices partnered with • Olympus Property, experience in “Big 4” accounting, David Eccles School of Business. Weber County officials to reno- chief sales officer of employee based in Texas, has acquired with nearly 20 years as a partner Manwaring has eight years of vate various areas of the Weber benefits. Kupfer will be manag- Promenade at the District, a and senior leader at KPMG LLP, experience working in web design County Fairgrounds, where they ing Buckner’s sales process for Class A, 170-unit, garden-style including as KPMG’s chief data and branding, including work- refurbished a softball complex, employee benefits in six offices. community built in 2012 at 11391 transformation officer. ing for companies across Utah. planted trees, painted and made Kupfer has more than 30 years S. River Heights Driver, South • Parsons Behle & Latimer She graduated with a bachelor of other improvements. In Salt Lake of experience in the employee Jordan. The community has has hired Leslie A. Gallacher science degree in digital media City, MarketStar partnered with benefits sector. His experience been renamed Olympus at the for its corporate transactions and from Utah Valley University. the Rescue Mission of Salt Lake includes both self-funded and District. Olympus said it plans securities group. Smith served many years in the to paint fences, plant trees, clean fully insured medical and den- to spend $800,000 on top of the She will practice customer service industry. up outdoor areas, and add weath- tal plans, stop-loss contracts and existing finish-outs. Olympus from the firm’s erstripping to doors. In addition high-deductible health plans with Property owns and manages Lehi and Salt to its Utah offices, MarketStar health savings accounts. NONPROFITS more than 17,000 units across 10 Lake City offic- • Sutherland Institute, a Salt encouraged field employees states. Financial terms of the sale es. Gallacher Lake City-based nonprofit, con- and groups operating in satellite were not disclosed. Greg Garratt, INVESTMENTS specializes in servative, nonpartisan think tank, offices around the world to find managing director of Berkadia’s • Recursion Pharma- domestic and has announced that Stan Swim causes they are passionate about Salt Lake City office, represented ceuticals, Salt Lake City, has Leslie Gallacher international has stepped down from its board and contribute to their local com- Olympus Property. closed a $121 million Series C compliance. She of directors after 12 years of ser- munities. financing. The round was led by previously was general counsel vice and will be succeeded by Ron • Nearly 500 employees of Baillie Gifford’s flagship invest- RECOGNITIONS for a large, Utah-based direct Daw, who co- Imagine Learning, a Provo- ment trust, Scottish Mortgage • Maile Keone has been sales company. Outside the direct founded Daw based edtech company, recently Investment Trust PLC, with accepted into the Forbes sales and marketing industry, Technologies. volunteered at 36 schools in the participation by new institu- Communications Council, an Gallacher maintained a private Swim recently Alpine, Provo and Nebo school tional investors Intermountain invitation-only community for practice, representing multiple accepted the districts doing a variety of ser- Ventures, Regents of the executives in health and wellness companies, position of vice projects for teachers and University of Minnesota, Texas communica- acting as strategic advisor and vice president staff as part of the company’s Tech University System, and tions, market- assisting with company growth of programs annual Vision Conference. The select angel investors. All prior ing and pub- strategies, international expansion Stan Swim and partner- 497 volunteers, which included institutional investors also par- lic relations. and global compliance. ships at the Bill over 200 remote employees who ticipated in the round, including Keone is presi- of Rights Institute. He previ- traveled to Provo from across Lux Capital, Data Collective, dent of Listen MOVING FORWARD. ously served as the president of the country, participated in proj- Mubadala Ventures, Two Sigma Technologies, TOGETHER. GFC Foundation, a Utah-based ects such as painting classrooms, Ventures, Obvious Ventures, Maile Keone a Bluffdale- grantmaking building desks, organizing librar- Felicis Ventures, Epic Ventures, based assis- foundation. He ies, moving rocks and weeding Menlo Ventures, AME Cloud tive-listening solutions company. was senior ana- schoolyards. In all, the volunteers Ventures and CRV. Recursion Keone was vetted and selected lyst for Probity contributed 1,491 hours of work, said the new financing will sup- by a review committee based on Advisors and or the equivalent of 184 eight- port its continued build-out of the depth and diversity of her worked in hour days. its machine learning-enabled the technol- • AvantGuard Monitoring experience. Criteria for accep- drug discovery platform along- ogy industry Centers, Ogden, in partnership tance include a track record of side new capabilities designed to Ron Daw as a software with the AG Cares Foundation, successfully impacting business radically accelerate new chemi- engineer and is sponsoring its seventh annual growth metrics, as well as person- cal entity chemistry and predict database developer. His edu- 5K benefit race. The “AG Run al and professional achievements safety pharmacology. In addi- cation includes a B.S. in com- For A Reason” benefit is held and honors. As a council member, tion, the company will continue puter science from Utah Valley to help a family in the commu- Keone will connect and collabo- to advance its growing pipeline University. Daw is a founding nity who is experiencing finan- rate with other local leaders in a of pre-clinical and clinical assets, 1380 S. Distribution Dr., SLC partner of Viaggio Resorts, which cial strains from medical issues. private forum and be invited to including clinical-stage programs 801-262-7441 is developing a network of high- This year, the 5K is being held to work with a professional edito- for cerebral cavernous malforma- benefit the Jumper family from rial team to share her insights tion and neurofibromatosis Type end fractional owned properties MEDIA/MARKETING throughout Europe; a founding Farmington. Kenna and Tyler in original business articles on 2. Jumper are parents of 3-year-old • Love Communications, partner in Warboy Productions, Forbes.com, and to contribute to Charlie Jumper, who was diag- a Salt Lake City-based adver- which is producing an episodic published Q&A panels alongside LAW nosed with Stage 4 neuroblas- tising, digital, marketing and TV series; and a founding partner other experts. • Holland & Hart has hired toma this spring. The benefit run public relations firm, has hired of a Utah-based film production Burke Gappmayer for its com- will take place Sept. 14 at Big Amber Banks as controller, company making a series about mercial finance practice in its Salt Dee Sports Park in Ogden. see BRIEFS page 10 Lake City office and also hired Annie Studer as a member of the renovation of a 200-year-old Rob Lang for the account service team and as palace in Italy. Daw previously its Salt Lake a senior account manager, Kat was chief financial officer of The City office. Fedorova as a media buyer, Chosen LLC, which produced a Gappmayer Emily Manwaring as a web multi-season TV series on the life has a decade designer, and Ian Smith as office of Jesus Christ; and a co-found- of specialty manager. Banks has nearly three er, CEO and chairman of Daw finance indus- decades of financial experience Technologies Inc. try experience, from her time working as a con- Burke Gappmayer including serv- troller with a number of agencies PHILANTHROPY ing as general in Utah. She graduated from Salt • Employees of MarketStar, counsel and Lake Community College with an an Ogden-based sales accelera- chief legal offi- associate degree in business man- tion company, recently contrib- cer for Summit agement. Studer has experience in uted more than 3,000 hours of Financial marketing, management, and pub- service to complete more than a Resources. lic and media relations. Her edu- dozen projects in the Ogden and Lang’s experi- cation includes an MBA from the Salt Lake City areas during its ence includes University of Utah. Fedorova has July 12 “Global Day of Service.” being a law- worked as a media buyer for the A total of 650 employees partici- Rob Lang yer, Certified past five years at other agen- pated in the fourth annual event. 10 • August 5-11, 2019 • The Enterprise - Utah's Business Journal Industry Briefs from page 9 RURAL UTAH those in the construction, retail, division as manager. • The Governor’s Office staffing and public utility indus- • Superior Lube Inc., a • Blair Jensen, a teacher at of Economic Development tries are eligible to apply. franchisee of Valvoline Inc., has Jordan Academy for Technology (GOED) recently announced acquired a quick-lube location and Careers in Riverton, and enhanced features to the Rural SERVICES now operating as a Valvoline his skilled-trades program are Economic Development Incen- • Cicero Group, a Salt Lake Instant Oil Change service cen- among 50 semifinalists for the tive (REDI) grant program. City-based management consult- ter at 55 W. 800 N., Orem. It is 2019 Harbor Freight “Tools for the company’s fifth service cen- Administered by GOED’s Office ing firm, has named Catherine Scott Collard John Lee Schools Prize of Rural Development, REDI Jaynes as a partner. Based in ter in the Salt Lake market and for Teaching gives a post-performance grant Dallas, Jaynes is among 1,300 company-owned Excellence.” of $4,000 to $6,000 to local and will help and franchised quick-lube loca- A total of $1 urban businesses for creating develop Cicero tions. million in cash new, high-paying jobs in 21 rural Group’s social • U-Haul Company of Utah prizes will be counties. Among the changes impact and Inc. has announced that Oquirrh awarded in are raising the incentive cap of education prac- View Storage has signed on as the program. $25,000 (per business) total per tice areas. She a U-Haul neighborhood dealer Jensen teaches to serve the West Jordan com- Blair Jensen fiscal year to $250,000; lowering has extensive welding and the required wage from 125 per- Catherine Jaynes experience in Brian Parkin Eric Ward munity. Oquirrh View Storage, agriculture mechanics. Finalists cent to 110 percent of the county’s the public and at 6088 W. 9790 S., will offer Transmission Line and Substation were chosen by a panel of judges average wage; adding Box Elder, social sectors in program design, U-Haul trucks, trailers and mov- Division. Collard is a journeymen from a field of 749 skilled-trades Iron and Uintah counties to the implementation and evaluation. ing supplies. lineman who began his career in teachers who applied for the list of eligible locations; allowing In some of her most recent work 1985 as an apprentice through prize. Semifinalists advance to businesses to potentially obtain at the George W. Bush Institute, Mountain States Line. In his 10 SPORTS a second round of competition. the grant after six months of full- she was responsible for the devel- • Utah Olympic Legacy years with CVE, Collard has been Three first-place and 15 second- time employment; and allowing opment and execution of nation- Foundation has hired Luke a line division manager and a line place winners will be announced the grant to be used concurrently al and international programs, Bodensteiner as general manager department manager, which he Oct. 24. with other GOED incentives. The including Presidential Leadership of Soldier Hollow and chief of has held for the past eight years. REDI grant incentivizes busi- Scholars. She also led the design sport development. Bodensteiner Lee is now vice president and RESTAURANTS nesses on the Wasatch Front or and implementation of measure- will oversee all aspects of the manager of CVE Technologies • The Gateway in Salt Lake elsewhere to hire remote online ment and evaluation strategies daily operation of the Nordic Group. Lee has been with CVE City has announced a pair of new employees, set up a satellite hub/ across the institute and previ- venue in the Heber Valley. The for 15 years, starting as a sys- restaurants. Chedda Burger has office space, or locate a facility in ously for the U.S. Department of Soldier Hollow Nordic Center tems engineer and advancing to opened a location at 190 S. 400 rural Utah. Businesses other than Education. was added to the foundation’s account manager, senior account W. The restaurant previously • Cache Valley Electric, operational oversight in 2016. manager and, most recently, direc- was on 600 South. Chef Nick Logan, has appointed Bryan Bodensteiner previously was tor. Ward is now vice president Watts founded The Chedda Truck Webb to chief operating officer the chief of sport of U.S. Ski and manager of the Signal and in 2012 and the company now has and appointed four vice presi- & Snowboard, where he led the Utility Division. Ward began his locations in Foothill, Lehi and dents: Scott R. Collard, John U.S. Ski & Snowboard teams, Everything for the Lee Brian Parkin Eric career with an IBEW Electrical The Gateway. Mr. Shabu will , and the national training and educa- Ward. Webb comes to CVE from Apprenticeship. He joined CVE open a 5,000-square-foot loca- Contractors tion Center of Excellence in Park tion this fall at 159 S. Rio Grande Layton Construction, where he 27 years ago as a laborer, then City, its sport science and medical St. It will serve shabu-shabu, an spent 15 years, 10 of those as worked as an operator, foreman, We rent the best programs, coach education and Asian hot pot dish gaining popu- executive vice president. After apprentice, journeyman, field club development, athlete identi- larity in the United States and four years as executive vice presi- superintendent, department man- fication and development, athlete Europe. dent of Layton’s Interior Con- ager, and division manager for 4343 Century Drive career and education program- struction Specialist group, he the past five years. Parkin is now Salt Lake City, UT 84123 ming, and club-level competition spent the past vice president and manager of the RETAIL and ranking systems. Prior to Old Navy six years lead- Teledata, Multimedia and DAS • , an apparel and 801- 262-5761 joining U.S. Ski & Snowboard, accessories company, has opened ing Layton’s (distributed antenna systems) he was a cross-country racer for at Valley Fair in West Valley www.centuryeq.com Construction Division. CVE hired Parkin 14 the U.S. Ski Team, competing in City. The 12,400-square-foot Services Group. years ago as a project manager the Olympics in 1992 and 1994. store is near the center’s west Collard is now for special projects. Parkin later entrance. Old Navy has more vice president was multimedia director and for and manager of the past eight years has led the than 1,100 stores worldwide. see BRIEFS next page Bryan Webb the company’s teledata, multimedia and DAS

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MOBILE SOLUTIONS bankofutah.com/merchant-services The Enterprise - Utah's Business Journal • August 5-11, 2019 • 11 es, has promoted Shawn Burrell district managers with a clearly strategic part- of VSL membership strategies and BRIEFS to regional vice president. He will defined goal of increasing sales nerships with goals; and directing and manag- from previous page oversee Pilot’s western region in the region while continuing to Salt Lake busi- ing the organization’s advertising from Salt Lake City. A 27-year vet- reach new levels of operational nesses engaged sales, partnership revenue pro- TECHNOLOGY/LIFE eran of the transportation industry, success. in the hospi- grams and cooperative marketing SCIENCES Burrell began tality tour- agreements. Cullen’s hospitali- his career at • Axcend, a Provo-based TRAVEL & TOURISM ism industry. ty-based career began with Salt Pilot Salt Lake Visit Salt Lake liquid chromatography systems • has appoint- Judy Cullen She also will Lake’s Gastronomy Inc. as com- City as a dis- ed Judy Cullen as managing company, has hired Ross Hansen oversee VSL’s munications director, followed by as vice president of sales. He trict manager in director of partner development, governance programs, including serving as director of marketing will be respon- 2003. In his new following the retirement of Pat communication to the board of at Salt Lake Brewing Co. and sible for lead- role, Burrell will Holmes after 32 years with VSL. ing and direct- work to enhance Cullen will be responsible for the directors and standing commit- marketing director of the Tsunami Shawn Burrell ing worldwide and support development and management of tees; development and execution Restaurant Group. sales efforts for Axcend, both domestically and around Ross Hansen the globe, including both direct and channel sales pro- grams. Hansen has more than 30 years of experience in sales and sales management of scien- tific instruments, with a specific emphasis on high-performance liquid chromatography (HPLC) and mass spectrometry, includ- ing sales management, sales and field sales/support positions with Thermo Fisher Scientific, Agilent (and Hewlett Packard/ Agilent) and Perkin Elmer. He also spent four years with the Monroe County Regional Crime Lab in New York as a forensic scientist and more than two years with Schenectady Chemicals as a synthetic organic chemist. • MasterControl, a Salt Lake City-based company focused on compliance software for life sci- ences and other regulated compa- nies, has hired Michelle Tanner as chief financial officer. Tanner has more than 20 years of finan- cial expertise and leadership experience, most recently holding execu- tive positions at InsideSales and Venafi, Michelle Tanner two other SaaS companies based in Salt Lake City. Tanner earned a bachelor’s degree in accounting from the University of Utah. • ReliaQuest, a Florida- based cybersecurity company, has opened a cybersecurity tech- nology center outside Salt Lake City. The company said the cen- ter will accelerate its engineering and development capabilities in support of the company’s first- of-its-kind platform, GreyMatter. It also will house ReliaQuest’s fourth security operations center, joining existing brick-and-mor- tar locations in Tampa, Florida; Las Vegas; and Dublin, Ireland. ReliaQuest plans to hire a team of 50 in this new office by 2021.

TRANSPORTATION • Pilot Freight Services Inc., a Pennsylvania-based provider of transportation and logistics servic- 12 • August 5-11, 2019 • The Enterprise - Utah's Business Journal

CORPORATE FINANCIAL REPORTS

The following are recent fi - our core downstream portfolio,” nancial reports as posted by se- Peter R. Huntsman, chairman, lected Utah corporations: president and CEO, said in an- nouncing the results. “In spite of Zions challenging economic conditions, Zions Bancorporation NA, we generated $240 million of free based in Salt Lake City, reported cash fl ow in the quarter and reaf- net earnings applicable to com- fi rm our stated objective of gen- mon shareholders of $189 mil- erating 40 percent free cash fl ow lion, or 99 cents per share, for the to adjusted EBITDA (earnings be- second quarter. That compares fore interest, taxes, depreciation with $187 million, or 89 cents and amortization). per share, for the same quarter a “Regardless of second-half year earlier. economic uncertainties, we will Net interest income rose 4 continue to control our costs, percent year over year to $569 protect our margins and focus million. Average loans held for on maintaining a strong balance investment were up 7 percent, sheet and cash generation. We while average deposits were up 3 will continue to follow a balanced percent. approach to capital allocation be- Zions, with total assets of tween maintaining a competitive $70 billion, operates in 11 west- dividend, ongoing share repur- ern states. chases and strategic organic and “Net earnings available to inorganic growth in our down- common shareholders was up stream portfolio.” only slightly from last year, re- fl ecting relatively strong loan Extra Space Storage growth coupled with margin Extra Space Storage Inc., compression resulting from a based in Salt Lake City, reported challenging interest rate envi- funds from operations (FFO) at- ronment,” Harris H. Simmons, tributable to common stockhold- chairman and CEO, said in an- ers and unit holders of $165.8 nouncing the results. million, or $1.21 per share, for the “Second-quarter earnings quarter ended June 30. That com- per share of 99 cents increased pares with FFO of $153.8 million, 11 percent from the prior-year or $1.14 per share, for the same period, largely the result of a quarter a year earlier. share count that was 9 percent The company reported net lower than last year. Operating income attributable to common expenses continued to be well- stockholders of $104.8 million, or controlled, rising less than 1 per- 81 cents per share. That compares cent from the prior-year’s second with $95.2 million, or 75 cents per quarter, and credit quality re- share, for the year-earlier quarter. mained very clean with annual- Same-store revenues totaled ized net charge-offs totaling only $258.3 million in the most recent 0.12 percent of average loans quarter, up from $248.6 million in and leases, as economic condi- the year-earlier period. tions remain strong throughout Extra Space Storage is a self- the western United States.” administered and self-managed real estate investment trust that Huntsman owns and/or operates 1,752 self- Huntsman Corp., with main storage stores in 40 states; Wash- offi ces in Salt Lake City and Tex- ington, D.C.; and Puerto Rico. It as, reported net income of $118 is the second-largest owner and/or million, or 47 cents per share, for operator of self-storage stores in the second quarter ended June the United States and is the largest 30. That compares with $623 self-storage management compa- million, or $1.71 per share, for ny in the United States. the same quarter a year earlier. Revenues in the most recent People’s Utah Bancorp quarter totaled $2.2 billion, down People’s Utah Bancorp, from $2.4 billion in the year-ear- based in American Fork, report- lier period. ed net income of $11 million, or Huntsman manufactures 58 cents per share, for the second and markets differentiated and quarter ended June 30. That com- specialty chemicals. It operates pares with $10.5 million, or 55 more than 75 manufacturing, cents per share, for the same quar- research and development and ter a year earlier. operations facilities in approxi- Return on average assets was mately 30 countries and employs 1.96 percent for the second quar- approximately 10,000 associates ter of 2019 compared with 1.93 within four business divisions. “We are pleased with the rel- ative resilience of the margins in see EARNINGS page 16 The Enterprise - Utah's Business Journal • August 5-11, 2019 • 13 Calendar

Calendar listings are provided Commerce event. Location is Aug. 9, 11:30 a.m. Ave., Suite A, Salt Lake City. Free. is $1,800. Details are at https:// as a free service to our read- Spudtoddos, 7251 Plaza Center Second Friday Casual Registration can be completed at business.slchamber.com/events/ ers. Information about upcoming Drive, No. 120, West Jordan. Free Lunch, a ChamberWest event. Eventbrite.com. details/university-of-utah-pres- events may be sent to brice@ (pay for what you order from the Location is Sweeto Burrito, 1732 ents-women-s-leadership-master- slenterprise.com. The submission menu). Details are at westjordan- ing-public-speaking-11373. deadline is one week before pub- W. 5400 S., Taylorsville. Only cost Aug. 14, 8 a.m.-noon lication. chamber.com. is lunch purchase. Details are at “Frontline Leadership Train- (801) 977-8755, chamber@cham- ing: Speaking Up and Down Aug. 15, 8:15 a.m.-3:30 p.m. Aug. 6, 11:30 a.m.-1 p.m. Aug. 8, noon-1 p.m. berwest.org or www.chamberwest. the Organization,” a Small Utah Employers Summit, Business Alliance Network- E-Commerce Platform com. Business Development Center an Employers Council event ing Luncheon, a Davis Chamber Showdown, a Silicon Slopes (SBDC) event. Location is Tooele designed for leaders, managers of Commerce event. Location event featuring a discussion Aug. 9, noon-1 p.m. Technical College, Board Room, and compensation and HR pro- is Boondocks Fun Center, 525 about e-commerce platforms, Silicon Slopes Town Hall, 88 S. Tooele Blvd., Tooele. Cost is fessionals at all levels. Location Deseret Drive, Kaysville. Free. including Magento, Shopify featuring Vivien and Fernanda $98. Details are at https://clients. is Radisson Hotel Salt Lake City No RSVP required. Details are at and WooCommerce. Location is Bohme, founders of Bohme. utahsbdc.org/events.aspx. Downtown, 215 W. South Temple, davischamberofcommerce.com. Silicon Slopes, 2600 W. Executive Location is Silicon Slopes, 2600 Salt Lake City. Cost is $199 for Parkway, Suite 140, Lehi. Free. W. Executive Parkway, Suite 140, Aug. 14, 9:30-11 a.m. members, $239 for nonmembers. Aug. 6, 11:30 a.m.-1 p.m. Details are at siliconslopes.com. Lehi. Free. Details are at silicon- Jumpstart Training, pre- Details are at employerscouncil. org. “Let’s Do Lunch,” a South slopes.com. sented by Murray Women in Jordan Chamber of Commerce Aug. 8, 6-9 p.m. Business. Clancy Stone, business event. Location is Legacy “Podcasting, YouTube and Aug. 12, 1-3 p.m. advisor at WBCUtah, will dis- Aug. 15, 11:30 a.m.-1 p.m. Retirement, 1617 Temple Lane, Social Media,” a Silicon Slopes “25 Costly HR Mistakes cuss how to efficiently do market Chamber Luncheon, a South Jordan. Details are at south- event. Location is Silicon Slopes, and How to Avoid Them,” a West research, write a winning business Davis Chamber of Commerce jordanchamber.org. 2600 W. Executive Parkway, Suite Jordan Chamber of Commerce plan and make plans to offer a event. Location is 525 Deseret 140, Lehi. Details are at silicon- workshop. Location is Mountain product or service. Location is Drive, Kaysville. Cost is $20 for Aug. 7, 8 a.m.-noon slopes.com. America corporate offices, 7181 S. Columbia College — Salt Lake members, $25 for guests. Details City, 5250 Commerce Drive, No. are at davischamberofcommerce. “Family and Medical Leave Campus View Drive, West Jordan. 300, Murray. Free. Registration com. Act Essentials,” an Employers Aug. 8, 6-8 p.m. Details are at westjordanchamber. can be completed at Eventbrite. Council event. Location is “Business Essentials Train- com. com. Employers Council’s Utah office, ing,” a Small Business Dev- Aug. 15, 11:30 a.m.-1 p.m. 175 W. 200 S., Salt Lake City. Cost elopment Center (SBDC) event. Aug. 13, 8 a.m.-4 p.m. “Multiplying Lasting Pro- is $145. Details are at employer- Location is the Orem/Provo “Practical Leadership,” a Aug. 14, 11:30 a.m.-1 p.m. fitable Relationships,” a West scouncil.org. SBDC, Utah Valley University, Frontline Leader workshop pre- Networking Lunch, a Sandy Jordan Chamber of Commerce 815 W. 1250 S., Orem. Details sented by Salt Lake Community Area Chamber of Commerce event. Presenter is Clay Neves of Aug. 7, 3:30-5 p.m. are at https://clients.utahsbdc.org/ College. Location is SLCC’s event. Location is All Star Bowling Personal Sales Dynamics. events.aspx. Entertainment, 12101 S. State St., Location is Mountain America “Business Connections,” a Miller Campus in Sandy. Also Draper. Cost is $20 for members, corporate offices, 7181 S. Campus ChamberWest event. Location is offered Aug. 20, 8 a.m.-4 p.m., $25 for nonmembers. Registration View Drive, West Jordan. Free for Residence Inn by Marriott, 7558 S. Aug. 9, 7:30-8:30 a.m. at the Westpointe Campus in Salt can be completed at Eventbrite. members, $10 for nonmembers. Plaza Center Drive, West Jordan. “Eggs & Issues,” a Murray Lake City. Cost is $250. Details com. Details are at westjordanchamber. Free for members, $5 for non- Area Chamber of Commerce are at slcc.edu/workforce. com. members. Details are at (801) 977- event. Speaker is Rosalba 8755, [email protected] Dominguez, candidate for Murray Aug. 13, 9-10 a.m. Aug. 14, noon-1 p.m. or www.chamberwest.com. City Council’s District 3. Location “Foundations for Business “Startup Stories,” a Kiln Aug. 15, 5:30-8 p.m. is Anna’s Restaurant, 4770 S. 900 Success,” a West Jordan Chamber event. Presenter is Alex Bean, 19th Annual “Celebrating Aug. 7, 5-7 p.m. E., Salt Lake City. Free unless of Commerce event. Speaker is co-founder and CBO of Divvy. Women in Business: Summer ordering from the menu. Open Location is Kiln Lehi, 2701 N. Social,” a Women’s Business Business After Hours, Clive Winn of Dale Carnegie. to everyone. Details are at mur- Thanksgiving Way, Suite 100, Center Utah event. Location is an Ogden-Weber Chamber of Location is Location is Mountain raychamber.org. Lehi. Details are at kilnspace.com/ Clubhouse SLC, 850 E. South Commerce event. Location is America corporate offices, 7181 S. events. Temple, Salt Lake City. Cost is Weber County Fairgrounds, Campus View Drive, West Jordan. $60 through Aug. 8, $80 after Aug. Golden Spike Event Center, 1000 Aug. 9, 7:30 a.m.-noon Free for members, $10 for non- 9. Details are at slchamber.com. N. 1200 W., Ogden. Free for Small Business Nine-Hole members. Details are at westjor- Aug. 14, 6-8 p.m. chamber members and first-time Golf Tournament, a Salt Lake danchamber.com. “Starting Your Business guests, $10 for nonmember guests. Chamber event. Location is 101,” a Salt Lake Small Business Aug. 16, 7:30-8:30 a.m. Details are at ogdenwebercham- Stonebridge Golf Course, 4415 Aug. 13, 10-11 a.m. Development Center (SBDC) Eggs & Issues, a Murray ber.com. Links Drive, West Valley City. “Silicon Slopes Town Hall: event. Location is Salt Lake Area Chamber of Commerce Cost is $75, $30 for brunch only. Tax Reform.” Speakers include SBDC, Salt Lake Community event. Speaker is Jake Pehrson, Aug. 8-9 Sponsorships are available. Details Lt. Gov. Spencer Cox. Location is College, MCPC 110, Sandy. Free. Murray City Council candidate “Innovation Mindset,” a are at slchamber.com. Silicon Slopes, 2600 W. Executive Details are at https://clients.utahs- (District 3). Location is Anna’s University of Utah event. Loc- Parkway, Suite 140, Lehi. Free. bdc.org/events.aspx. Restaurant, 4700 S. 900 E., ation is University of Utah Aug. 9, 7:45-9 a.m. Details are at siliconslopes.com. Murray. Free unless ordering Executive Education, 1731 E. Women in Business Aug. 14, 6:30-8 p.m. from the menu. Open to everyone. Campus Center Drive, Salt Lake Networking, an Ogden-Weber Aug. 13, 10-11:30 a.m. “Simple Steps: Marketing/ Details are at murraychamber.org. City. Cost is $1,800. Details are at Chamber of Commerce event. “How to Become a Leader Sales,” a Small Business Dev- https://eccles.utah.edu/programs/ Location is Weber Center, 2380 People Will Follow,” a West elopment Center (SBDC) event. Aug. 16, 8-10 a.m. executive-education/product/ Washington Blvd., Ogden. Free Jordan Chamber of Commerce Location is the Orem/Provo Utah County Speednet, creating-a-culture-of-innovation/. for WIB members. Details are at event. Location is Mountain SBDC, Utah Valley University, a Utah Valley Chamber speed ogdenweberchamber.com. America corporate offices, 7181 S. 815 W. 1250 S., Orem. Details networking event. Location is Aug. 8, 11:30 a.m.-1 p.m. Campus View Drive, West Jordan. are at https://clients.utahsbdc.org/ SCERA Center for the Arts, 745 WIB Luncheon, a Davis Aug. 9, 8:30-11:30 a.m. Free for chamber members, $10 events.aspx. S. State St., Orem. Free. Details Chamber of Commerce event. “Grow Your Business: for nonmembers. Details are at are at thechamber.org. Location is 850 N. 2200 W., Business Foundation,” a Small westjordanchamber.com. Aug. 15-16 Layton. Cost is $20. Details are at Business Development Center “Women’s Leadership: Mas- Aug. 16, 9-10 a.m. davischamberofcommerce.com. (SBDC) event. Location is the Aug. 13, 3-5 p.m. tering Public Speaking,” a Pitch Clinic, a West Jordan Orem/Provo SBDC, Utah Valley “Google Analytics,” a Utah University of Utah event. Location Chamber of Commerce event for Aug. 8, 11:30 a.m.-1 p.m. University, 815 W. 1250 S., Orem. Microloan Fund event. Presenter is University of Utah Executive Strictly Networking Lunch, Details are at https://clients.utahs- is Paula Sageser. Location is the Education, 1731 E. Campus a West Jordan Chamber of bdc.org/events.aspx. Utah Microloan Fund, 154 E. Ford Center Drive, Salt Lake City. Cost see CALENDAR page 16 14 • August 5-11, 2019 • The Enterprise - Utah's Business Journal Succeeding in Your Business Starting - and succeeding in - a business on eBay or Amazon As my readers know, I trav- For help with specific topics, ebay (fair and balanced), https:// com/amazon-seller-meetups to sales tax in your home state. el the country talking to people new eBay sellers should book- www.sellerapp.com/blog/ama- find the nearest meetup group Search “(your state) Department who make a living selling stuff mark the “Seller Central” page on zon-fba-vs-ebay (pro-Amazon) (many of these folks sell on eBay, of Revenue” online to find the on eBay, Amazon and the other the eBay website. and https://www.wheretosellon- too). For one-on-one consulting, website for your state tax author- online e-commerce platforms. If you are not a do-it-yourself line.com/amazon-vs-ebay (pro- some of my favorite Amazon ity. Many local accountants will As a lawyer and sort of person and you eBay). people are Bob Willey (www. help you register for sales taxes business consultant, want human help set- Like eBay, Amazon offers sellercoaching.com), Karen free of charge if you ask them I’m not always able to ting up your accounts, an online tutorial for newbie sell- Locker (www.solutions4ecom- nicely for help (and offer to help answer the more tech- your best bet is to join a ers at https://services.amazon. merce.com) and Chris Green them clean out their attic). nical questions people meetup group of eBay com/selling/getting-started.html. (www.amazon.com/Mr.-Chris- A recent U.S. Supreme Court have about starting and sellers. To find the As part of the startup process, Green/e/B005PPUPX2). decision may require you to pay maintaining their online group nearest you, go you will need to decide between What If I Get Into Trouble? sales tax in other states if you EBay and Amazon each have have a significant volume of accounts. But as we CLIFF to https://www.meetup. Amazon’s “Fulfillment by used to say in the Bronx ENNICO com/topics/ebaysell, Amazon” (FBA) and “Fulfillment their own rules and regulations sales there (generally $50,000 to when I was a kid grow- or search “eBay seller by Merchant” (FBM) programs. for sellers and it’s easy to make $100,000 per year). For an up-to- ing up, “I know a guy meetup group (your For help in deciding which is mistakes. Sooner or later, your date listing of each state’s rules, who knows a guy who knows a state)” online. right for your business, check out account is likely to be suspend- check out https://www.avalara. guy.” Finally, if you need one-on- https://feedvisor.com/university/ ed because someone (usually a com/us/en/blog/category/sales- Here are some of the best one consulting from a pro seller, fbm-or-fba. competitor) thinks you are sell- and-use-tax.html. If you find you guys and gals I know who can search online for “eBay consul- Next, sign up for Skip ing counterfeit merchandise or need to register for sales tax in help you get your online retail tant (your state).” You will pay McGrath’s weekly Amazon sell- trademarked merchandise with- multiple states, Taxjar (www.tax- business off to a solid start — and by the hour, but the job will be ers’ blog at https://www.skipm- out authorization from the manu- jar.com) offers resources that will who will be there for you when done right. Some of my favorites cgrath.com/blog1. Skip is a top- facturer. help you keep track of returns and payments. the going gets rough. are Stephanie Inge (https://www. ranked Amazon seller who has For eBay’s rules, go to If you sell internationally, How Do I Get linkedin.com/in/stephanieinge), been offering advice and resourc- https://www.ebay.com/help/poli- you may be subject to laws in Started on eBay? Kathy Terrill (https://iloveto- es for Amazon sellers since the cies/member-behaviour-policies/ other countries requiring you to EBay offers an excel- beselling.com), Deena Quilty very beginning. If you want to user-agreement?id=4259. For protect data you receive about lent online tutorial for newbie ([email protected]) and Danna learn about the latest seller soft- Amazon’s rules, go to https://sell- your customers there, such as the eBay sellers. You can find it Crawford (https://powerselling- ware, deal with difficult custom- ercentral.amazon.com/gp/help/ European Union General Data external/G521?language=en_US. here: https://www.ebay.com/ mom.com/ebay-consignment- ers or sourcing merchandise in Protection Regulation (GDPR) If your account is suspend- help/selling/selling/start-selling- selling). Kazakhstan, you want Skip’s (see https://gdpr-info.eu). Also, ed or shut down, it’s best to ebay?id=4081. How Do I Get blog in your inbox every Monday things you can sell legally in the get expert advice before you EBay also offers a weekly Started on Amazon? morning. United States may not be legal podcast for sellers hosted by one Selling on Amazon is a much If you’re looking for more deal with eBay’s or Amazon’s to sell in countries with differ- of its senior executives, which different experience than selling personalized help in getting customer service personnel. A ent laws and cultural traditions. you can find here: https://com- on eBay. To understand the dif- started on Amazon, go to https:// cottage industry of people has As with any business, knowing munity.ebay.com/t5/eBay-Pod- ferences, go to https://crazylister. www.meetup.com/topics/ama- sprouted up in recent years offer- a good lawyer and keeping him cast/ct-p/eBay_podcast. com/blog/selling-on-amazon-vs- zonseller or https://amzsummits. ing to help suspended eBay and or her informed as your business Amazon sellers get back on track. grows, is the best way to stay out My favorites are Cynthia Stine of legal trouble. (www.egrowthpartners.com) and attorney C.J. Rosenbaum (www. Cliff Ennico ([email protected]) amazonsellerslawyer.com). is a syndicated columnist, author How Do I Deal with Sales and former host of the PBS televi- Taxes When I Sell Online? sion series “Money Hunt.” Civil Engineering As a newbie online seller, you COPYRIGHT 2019 CLIFFORD R. ENNICO are legally required to register for DISTRIBUTED BY CREATORS.COM  Missing a Piece? Structural Engineering Laser Scanning & Land CAI home, Utahns plan to spend an Surveying average of $830 on summer ac- We Have You Covered from page 1 tivities (day camps, lessons, etc.) Paving & Roofing Consulting for their children, or an average derson, Zions Bank president and of $406 per child. Landscape Architecture CEO. “We see some evidence of “Helping build up the future the polarization among Utahns, generation is an investment in but to a much smaller extent than the future of Utah,” said Randy nationally. Mostly, Utahns are Shumway, chairman and part- very positive about their state’s ner of Cicero Group, a Salt Lake economy and have been that way City research fi rm that does data for several years.” collection and analysis for the During the summer months CAI. “It’s a positive sign of both (June to August), 36 percent of the current and future state of the Utahns spend more than they economy when parents are will- normally do the rest of the year (an average of $742 per month). ing to spend on activities that en- Among those who spend more courage the learning and growth during the summer, 48 percent of their children. It shows that point to vacation or recreational parents have the confi dence to Follow Us On: spending as the biggest area of spend in discretionary areas for 801-255-7700 increase. their children and that kids are www.mcneilengineering.com Among the 44 percent of being given opportunities to pre- Utah households with children at pare for the future.” The Enterprise - Utah's Business Journal • August 5-11, 2019 • 15 Learn to distinguish opportunity risks from hazard risks in your business I have had a lifelong curi- Several years ago, I arranged the opportunity — that it would grateful they took. Those hazard risks include osity regarding the trails and for a group of young men to be better to forego the experience Entrepreneurs are the epit- an incredible array of possi- byways of areas throughout the accompany me on a hike into than to risk injury or death for her ome of opportunity risk-takers. bilities, including partner risk, world, and have enjoyed regular Havasupai in the Grand Canyon. son and the other boys. She was They see possibilities for chang- undercapitalization, risk of liti- hikes that have allowed This is one of the pre- right to be concerned. This trek ing the world with new tech- gation, competition, compliance me to explore high mier hikes in the world. was scheduled for the summer nologies, new approaches to solv- risk, etc., etc., etc. Like the rattle- Rocky Mountain vis- It includes swimming with temperatures routinely above ing problems or ways to more snake that might be under the tas, deep slot canyons, in pools adjacent to 100 degrees Fahrenheit. The can- effectively or efficiently meet the next rock in the Grand Canyon, sandy desert pathways some of the most beau- yon is home to rattlesnakes and a needs and/or wants of a select there are endless ways you can leading to incredible tiful waterfalls on the variety of other nasty critters. And group of consumers. get bitten. arches and long expan- planet, incredible climbs there have been some who were As we look back on the his- So what is the answer? sive beaches on both and scrambling and badly injured jumping off cliffs tory of commerce, it is the entre- Should you simply decide that U.S. coasts and Hawaii. RICH rare exposure to the near the waterfalls. Havasupai has TYSON preneurial opportunity risk-taker the inherent hazard risks associ- The opportunity to get Havasupai Indian cul- more than a few hazard risks. that has given us virtually every ated with your opportunity are into the backcountry ture. My challenge was to share advancement we enjoy today. The too scary to proceed? Or should has always beckoned to me. Without any equivocation, how we had eliminated or sub- light that illuminates my office you adopt the “no fear” mantra My life is richer for having I can say that this is an expe- stantially mitigated those risks. came from an opportunity risk- and forge ahead, ignoring the seized these opportunities. They rience that you shouldn’t miss. I shared each of our efforts in taker named Thomas Edison. The hazards? have expanded my appreciation It is an opportunity risk worth this regard, not minimizing the American author John A. Shedd for the incredible beauties of our taking. Even so, I required each inherent dangers but assuring this aircraft that will soon transport wrote, “A ship in harbor is safe — planet, have contributed to my fit- of the young men involved to dear mother that I had personally me to Europe came from a couple but that is not what ships are ness and health and have provided receive parental permission for taken this opportunity risk with- of opportunity risk-takers, the built for.” The implications of critical life lessons. One of the his participation. This wasn’t hard out serious accidents or incidents Wright brothers. The list is almost his statement are clear: Build most essential lessons has to do for most; indeed, several of their multiple times. Finally, with some endless. your ship (or your venture) with risk. dads volunteered to come along. lingering reservations, she agreed For every great story of a There are two distinct types However, one mother balked. to allow her son (and her hus- successful opportunity risk-taker, meticulously so that it is of risk in backcountry exploring. Quite correctly, she identified the band) to join us. however, there are hundreds of seaworthy (as hazard-proof as The first is “opportunity risk.” second type of risk that accompa- The outcome was wonder- generally untold stories of those possible) — and then set sail. This is the risk of failing to grasp nied this — and every opportunity ful! Both father and son look who have failed. More often than the opportunity, thereby losing the risk — namely “hazard risk.” back on the experience as one of not, these are the individuals and Richard Tyson is the founder, principal owner and president companies that were destroyed chance of enjoying the growth and This good woman felt that the most incredible adventures of CEObuilder, which provides inherent lessons that the opportu- the hazard risks of the Grand of their lives. It was an opportu- by the hazard risks associated forums for consulting and coaching nity has to offer. Canyon outweighed the value of nity risk that they will be forever with their ventures. to executives in small businesses.

SMALL BUSINESS 9-HOLE GOLF TOURNAMENT HOSTED BY THE SALT LAKE CHAMBER PRESIDENT’S AMBASSADORS Augt2019 9

AUGUST IS A GREAT TIME TO TAKE THE MORNING OFF, NETWORK WITH OUR LOCAL BUSINESS COMMUNITY AND ENJOY NINE HOLES OF GOLF. COME SEE HOW FUN NETWORKING ON THE GREEN CAN BE AT OUR 9TH ANNUAL SMALL BUSINESS GOLF TOURNAMENT.

YOU DON’T HAVE TO BE A GOLF-PRO TO BENEFIT FROM THIS EVENT!

STONEBRIDGE GOLF CLUB 4415 Links Dr, West Valley City, UT 84120

7:30 AM Registration | 8:30 AM Shotgun Start | 11:00 AM Brunch

Sponsorships available | Contact Jackie Sexton: [email protected] or 801-328-5053 | slchamber.com/smallgolf 16 • August 5-11, 2019 • The Enterprise - Utah's Business Journal

CALENDAR Aug. 20, 11:30 a.m.-1 p.m. EARNINGS Williams said the company’s Merit manufactures and mar- Southwest Valley Women lower marketing and advertising from page 13 from page 12 kets disposable devices used in in- in Business. Location to be costs are the result of it deciding terventional, diagnostic and thera- determined. Details are at south- to simplify its branding strategy peutic procedures, particularly in business development profession- percent for the second quarter of jordanchamber.org. to a single, unified name for the cardiology, radiology, oncology, als to hone their skills in deliver- 2018. Return on average equity bank, a new logo and a more-con- critical care and endoscopy. ing a powerful elevator pitch. was 14.33 percent for the sec- Aug. 20, 3-5 p.m. temporary look. “We expect to roll “There were a number of fac- Location is Mountain America ond quarter, compared with 15.6 “Creating a Content out our new single-brand strategy tors affecting revenues and gross corporate offices, 7181 S. Campus percent for the second quarter of Strategy Guide for Your around the end of the year and an- margins during the second quar- View Driver, West Jordan. Free 2018. Business,” a Utah Microloan ticipate higher marketing and ad- ter,” Fred P. Lampropoulos, chair- for chamber members, $10 for Net interest income grew Fund event. Presenter is Sara vertising costs over the next sev- man and CEO, said in announcing nonmembers. Details are at west- 2.8 percent, from $20.7 mil- Day. Location is the Utah eral quarters,” he said. the results. jordanchamber.com. lion to $27.7 million, during the Microloan Fund, 154 E. Ford “The shortfall in revenue in- 12-month period. Noninterest in- Ave., Suite A, Salt Lake City. USANA volved foreign exchange, slower- Aug. 16, noon-1 p.m. come was $3.6 million during the Free. Registration can be com- USANA Health Sciences Inc., than-anticipated conversion and Silicon Slopes Live, a live quarter, down from $4.1 million pleted at Eventbrite.com. based in Salt Lake City, reported uptake of acquired products such recording of a Silicon Slopes pod- in the year-earlier quarter. To- net earnings of $21.4 million, or as the Vascular Insights product cast featuring Joe Megibow, CEO tal deposits grew $105 million Aug. 21, 7 a.m.-3 p.m. 91 cents per share, for the second line and some products from the of Purple. Location is Silicon to $1.98 billion at the end of the 2019 Chamber Golf Clas- quarter ended June 29. That com- BD acquisition. Additionally, we Slopes, 2600 W. Executive most recent quarter, compared sic, an Ogden-Weber Chamber pares with $33.9 million, or $1.36 saw sales of legacy products in- Parkway, Suite 140, Lehi. Free. with $1.78 billion at the end of of Commerce event. Breakfast per share, for the same quarter a crease more than expected. Of Details are at siliconslopes.com. the year-earlier quarter. starts at 7 a.m., followed by year earlier. course, the combination of lower- People’s Utah Bancorp is the shotgun start at 8 a.m. (four- Sales in the most recent quar- than-expected revenues and the holding company for People’s In- Aug. 20, 8:30 a.m.-1 p.m. man scramble format) and lunch ter totaled $256 million, down mix resulted in lower gross mar- Minority-Owned Business termountain Bank, which has 26 and awards at 1 p.m. Location from $301.5 million in the prior- gins. The silver lining is the core Workshop, presented by the locations in three banking divi- is Mount Ogden Golf Course, year quarter. growth and the management of Women’s Business Center of Utah sions, Bank of American Fork, 1787 Constitution Way, Ogden. USANA develops and manu- SG&A expenses, which were in and the Procurement Technical Lewiston State Bank and Peo- Sponsorships are available. factures nutritional supplements, line with our expectations.” Assistance Center (PTAC) for Details are at ogdenwebercham- ple’s Town & Country Bank; and healthy foods and personal care minority-owned businesses in a mortgage division, People’s In- ber.com. products that are sold directly to Utah Medical Products need of assistance to start/grow a termountain Bank Mortgage. associates and preferred custom- Utah Medical Products Inc., business, how to obtain financing “People’s Utah Bancorp Aug. 21, 8-9:30 a.m. ers. based in Salt Lake City, report- and how to successfully contract achieved another strong quarter “Addiction at Work,” part “The continuing challeng- ed net income of $3.5 million, or with the government. Location with a return on average equity of the Legal Breakfast Briefing ing market environment in China 94 cents per share, for the quar- is the Miller Business Resource of 14.3 percent as we continue Series presented by Employers was the major factor that impacted ter ended June 30. That compares Center, 9690 S. 300 W., Sandy. to position, strengthen and for- Council. Location is Employers our second-quarter results,” Kevin with $4.3 million, or $1.15 per Cost is $12. Details are at wbcu- tify our balance sheet,” Len Wil- Council, Utah office, 175 W. Guest, CEO, said in announcing share, for the same quarter a year tah.org. liams, president and CEO, said in 200 S., Suite 2005, Salt Lake the results. earlier. announcing the results. City. Cost is $99. Details are at “During the second quarter, Sales in the most recent quar- “We have increased our aver- Aug. 20, 11:30 a.m.-1 p.m. employerscouncil.org. we offered promotions and incen- ter totaled $11.8 million, up from age equity to average assets from Business Alliance Network- tives in China that have histori- $11 million in the year-earlier 12.4 percent a year ago to 13.7 ing Luncheon, a Davis Chamber cally generated meaningful sales quarter. Aug. 21, 8-9:30 a.m. percent for the second quarter of of Commerce event. Location Chamber Launch, a and customer growth. However, Utah Medical Products de- 2019, while increasing our allow- is Boondocks Fun Center, 525 Salt Lake Chamber network- the contribution of these promo- velops, manufactures and markets ance for loan losses from 1.3 per- Deseret Drive, Kaysville. Free. tions was significantly lower than disposable and reusable specialty cent a year ago to 1.7 percent at No RSVP required. Details are at we anticipated, which we believe medical devices. see CALENDAR next page the end of the second quarter.” davischamberofcommerce.com. is due to the low consumer sen- The company said it “at- timent toward health products in tained results which reflect that China.” the company remains on target to Guest said it could take sev- achieve its financial goals for year eral months for consumer senti- 2019 despite the apparent nega- ment and company momentum to tive comparison with” second- improve in China. quarter and first-half 2018 results. “We will continue to execute our 2019 strategy during the sec- Instructure ond half of the year, which in- Instructure Inc., based in Salt cludes introducing new products Lake City, reported a net loss of and planned promotional activity $20.7 million, or 56 cents per across our markets,” he said. “We share, for the second quarter end- have tailored our plan to ensure ed June 30. That compares with a that we have strategic offerings loss of $12.5 million, or 36 cents in the appropriate markets at the per share, for the same quarter a appropriate times to generate mo- year earlier. mentum in the business. Overall, Revenue in the most recent we remain confident in the strate- quarter totaled $62.9 million, up gies we are pursuing for the long- from $50 million in the year-ear- term health of our business.” lier quarter. Instructure produces a learn- Merit Medical ing management platform for Merit Medical Systems Inc., schools and an employee devel- based in South Jordan, report- opment platform for businesses. ed net income of $6.9 million, or “Q2 was another solid quar- 12 cents per share, for the second ter for Instructure as we deliv- quarter ended June 30. That com- ered $62.9 million in revenue,” pares with $10.9 million, or 21 Dan Goldsmith, CEO, said in an- cents per share, for the same quar- nouncing the results. “Our mis- ter a year earlier. sion of helping people grow from Revenue in the most recent the first day of school to the last quarter totaled $255.5 million, up day of work is resonating with our from $224.8 million in the year- growing customer base of more earlier period. than 30 million people.” The Enterprise - Utah's Business Journal • August 5-11, 2019 • 17 CALENDAR from the menu. Open to every- Aug. 28, 7:30 a.m.-1 p.m. Sept. 4, 8 a.m.-noon Sept. 6, 8-10 a.m. one. Details are at murraycham- “Chicks with Sticks 2019,” “Basic I-9 Compliance,” First Friday Face-to- from previous page ber.org. presented by NAWBO Salt Lake. an Employers Council event. Face, a West Jordan Chamber of Location is River Oaks Golf Location is Employers Council, Commerce business-to-business ing event. Location is the Salt Aug. 23, 7:30 a.m.-2 p.m. Course, 9300 S. Riverside Drive, Utah office, 175 W. 200 S., Suite networking event. Location is Lake Chamber, 175 E. University Sandy Area Chamber Sandy. Cost is $80, $300 for a 2005, Salt Lake City. Cost is $145. the Megaplex Theatres at The Blvd. (400 S.), Suite 600, Salt Executive Golf Tournament, foursome; $35 for lunch only. Details are at employerscouncil. District, 3761 W. Parkway Plaza Lake City. Free. Details are at a Sandy Area Chamber of Details are at (801) 487-4600 or org. Drive, South Jordan. Free. Details slchamber.com. Commerce event. Registration [email protected]. are at http://firstfridaysnetwork- begins at 7:30 a.m., followed by Sept. 5, 7:30-9 a.m. ing.com/. Aug. 21, 1-2 p.m. 8:30 a.m. shotgun start. Location Aug. 29, 7 a.m.-2 p.m. Chamber Speaker Series, “Running a Successful is River Oaks Golf Course, 14th Annual Scholarship an Ogden-Weber Chamber of Sept. 6, 8-10 a.m. Crowdfunding Campaign,” a 9300 Riverside Drive, Sandy. Golf Tournament, a South Jordan Commerce event. Location is Friday Forum, a Utah Silicon Slopes event. Speaker is Sponsorships are available. Chamber of Commerce event. Weber Center, 2380 Washington Valley Chamber event. Location Weston Kay, founder of Rose Details are at sandychamber.com. Location is Glenmoor Golf Club, Blvd., Ogden. Free for chamber is Utah Valley Convention Anvil. Location is Vivint Smart 9800 S. 4800 W., South Jordan. members and first-time guests. Center, 220 W. Center St., No. Home, 1400 N. 635 E., Logan. Aug. 23, 9 a.m.-6:30 p.m. Details are at southjordanchamber. Details are at ogdenwebercham- 200, Provo. Details are at the- Free. Details are at siliconslopes. 2019 Utah DMC Annual org. ber.com. chamber.org. com. Conference, a Utah Digital Marketing Collective event. Sept. 3-4 Sept. 6, 8 a.m.-noon Sept. 6, 8-9 a.m. Aug. 21, 4:30-5:30 p.m. Location is Megaplex Theatres at Utah Rural Summit, present- “Presentation Skills,” a Salt Silicon Slopes Breakfast, Tax Planning Clinic, a Jordan Commons, 9335 S. State ed by Southern Utah University’s Lake Chamber two-part event tak- featuring Andrew Joiner, CEO Small Business Development St., Sandy. Cost is $449. Details Utah Center for Rural Life and ing place Sept. 6 and Oct. 4. of Inmoment. Location is Silicon Center (SBDC) event. Location are at http://www.utahdmc.org/ featuring leaders in industry, edu- Speaker is Beth Levine, found- Slopes, 2600 W., Executive is the Orem/Provo SBDC, Utah dmc-2019. cation and government discussing er and principal at SmartMouth Parkway, Suite 140, Lehi. Free. Valley University, 815 W. 1250 innovation through entrepreneu- Communications. Location is Salt Details are at siliconslopes.com. S., Orem. Details are at https:// Aug. 23, noon-1 p.m. rism and partnership. Location Lake Chamber, 175 E. 400 S., clients.utahsbdc.org/events.aspx. Women in Business Brown is Southern Utah University’s Suite 600, Salt Lake City. Early- Sept. 10, 10-11:30 a.m. Bag Lunch, a West Jordan Hunter Conference Center, 351 bird price for each event is $149 “How to Become a Leader Aug. 21, 5:30-6:30 p.m. Chamber of Commerce event. W. University Blvd., Cedar City. for members, $199 for nonmem- People Will Follow,” a West QuickBooks Workshop, Location is Huntington Learning Cost is $125. Registration can be bers. Cost of Oct. 18 one-on-one Jordan Chamber of Commerce a Small Business Development Center, 5474 W. Daybreak completed at Eventbrite.com. video feedback session is $75 for event. Location is Mountain Center (SBDC) event. Location Parkway, Suite G5, South Jordan. members, $99 for nonmembers. America Credit Union, 3065 W. is the Orem/Provo SBDC, Utah Free. Details are at westjordan- Sept. 3, 11:30 a.m.-1 p.m. Details are at slchamber.com. 5400 S., Taylorsville. Free for Valley University, 815 W. 1250 chamber.com. Business Alliance Network- chamber members, $10 for non- S., Orem. Details are at https:// ing Luncheon, a Davis Chamber Sept. 6, 8 a.m.-4:30 p.m. members. Details are at westjor- clients.utahsbdc.org/events.aspx. Aug. 27, 8:30-11:30 a.m. of Commerce event. Location “PHR/SPHR Study Pro- danchamber.com. “Disaster Preparedness & is Boondocks Fun Center, 525 grams,” an Employers Council Aug. 21, 6:30-8 p.m. Business Recovery Program,” Deseret Drive, Kaysville. Free. event focused on preparation for Sept. 11-12 “Simple Steps: Financing,” a ChamberWest event in partner- No RSVP required. Details are at those exams and taking place Leadership Institute, a a Small Business Development ship with the Utah Department davischamberofcommerce.com. over five consecutive Thursdays. ChamberWest series of 10 Center (SBDC) event. Location of Public Safety’s Division of Location is Employers Council, one-day programs taking place is the Orem/Provo SBDC, Utah Emergency Management. Part 1 Sept. 3, 11:30 a.m.-1 p.m. Utah office, 175 W. 200 S., through June 11 that are designed Valley University, 815 W. 1250 is Aug. 27, with Part 2 being “Let’s Do Lunch,” a South Suite 2005, Salt Lake City. Cost to challenge and engage lead- S., Orem. Details are at https:// Oct. 29. Location is Jordan Valley Jordan Chamber of Commerce is $1,395 for members, $1,595 clients.utahsbdc.org/events.aspx. Water Conservancy, Garden Park, event. Location to be determined. for nonmembers. Details are at see CALENDAR page 18 8275 S. 1300 W., West Jordan. Details at southjordanchamber.org. employerscouncil.org. Aug. 22 Free for ChamberWest members, ACG (Association for $49 for nonmembers ($100 for Corporate Growth) Utah Golf three people from the same com- Tournament. Activities begin pany). Details are at chamber- with 7:30 a.m. breakfast and west.com. Every day is a great day . . . registration. Shotgun start is at 8:30 a.m. Lunch and awards fol- Aug. 27, 11:30 a.m.-1 p.m. low play. Location is Englewood Women in Business Lunch-

Golf Course, 1110 E. Eaglewood eon MMMM… TASTY WOW , an Ogden-Weber Chamber Drive, North Salt Lake. Cost is of Commerce event. Location is Mondays! Tuesdays! Wednesdays! $250 for ACG members, $300 for Ogden Eccles Conference Center, nonmembers, $1,000 for a four- 2415 Washington Blvd., Ogden. some. Sponsorships are available. Cost is $20 for members, $30 TWISTY FRITTER SPRINKLES Details are available by contact- for nonmembers. Details are at MThursdays! ing Linda Blake at linda@acgu- ogdenweberchamber.com. Fridays! Saturdays! tah.org. Aug. 27, 6-8 p.m. Aug. 22, 7-8:30 p.m. “Basic SEO Strategy Contactos, a Utah Hispanic and Skills,” a Small Business Donuts Brownies Fritters Chamber of Commerce net- Development Center (SBDC) working event. Location to be event. Location is the Orem/Provo announced. Free for members, SBDC, Utah Valley University, Turnovers Muffins $10 for nonmembers. Details are 815 W. 1250 S., Orem. Details at http://www.utahhcc.com/. are at https://clients.utahsbdc.org/ Family Owned & Operated events.aspx. Aug. 23, 7:30-8:30 a.m. 2278 So. Redwood Road “Eggs & Issues,” a Murray Aug. 28, 7:30-8:30 a.m. Area Chamber of Commerce “Coffee Connection,” a 801-975-6381 event. Speaker is Dave Davis Holladay Chamber of Commerce of the Utah Food & Retail event. Location is 3 Cups, 4670 M-F 5:00 am – 2:30 pm & Sat. 7:00 am – noon Association. Location is Anna’s Holladay Village Plaza, Suite Restaurant, 4770 S. 900 E., Salt 104, Holladay. Details are at hol- Lake City. Free unless ordering ladaychamber.com. with Darla’s Donuts!

18 • August 5-11, 2019 • The Enterprise - Utah's Business Journal

Sept. 11, 8 a.m.-noon Sept. 11, 5-7 p.m. Details are available by contact- Ads and Programmatic Display CALENDAR “Lean Pit Crew Challenge,” Business After Hours, ing Tim Cooley at (801) 957- Advertising.” Each class is 8:30- from page 17 an Employee Development an Ogden-Weber Chamber of 5441 or timothy.cooley@slcc. 10:30 a.m. Location is Salt Lake program offered by Salt Lake Commerce event. Location is edu. Community College’s Miller ers in professional and personal Community College. Open Weber State University, Stewart Campus, MFEC 223, 9750 S. growth while inspiring an entre- to the public, the challenge is Stadium Sky Suites, 3870 Stadium Sept. 12, 19, 26 300 W., Sandy. Registration can preneurial spirit in building a an experiential learning event Way, Ogden. Free for chamber Digital Marketing Acad- be completed at Eventbrite.com. better community. Location is that incorporates pit stops as a members and first-time guests, emy, a Sandy Area Chamber of the Homestead Resort, 700 N. tool for teaching the concepts $10 for nonmembers. Details are Commerce Business Institute Sept. 12, 7:30 a.m.-4 p.m. Homestead Drive, Midway. of continuous improvement, at ogdenweberchamber.com. event. Sept. 12 course is Water Innovation Summit Cost is $925 before Aug. 15 for effi ciency, preparation and “Developing a Comprehensive 2019 “BusinessH20,” presented ChamberWest members, $1,025 teambuilding. Location is Sept. 11, 6-9 p.m. Online Marketing Strategy.” Sept. by the Salt Lake Chamber and thereafter and for nonmembers. Westpointe Campus, Salt Lake Official Launch of The Mill 19 course is “SEO & Maximizing U.S. Chamber of Commerce. Details are at (801) 977-8755, City. Cost is $325. Details are at at Miller Campus. Location is Web Traffic.” Sept. 26 course Theme is “Promoting Innovative [email protected] or http://www.slcc.edu/workforce/ The Mill at Miller Campus, 9690 is “Pay Per Click Advertising, Solutions to Water Scarcity: Water www.chamberwest.com. courses/index.aspx. S. 300 W., third floor, Sandy. Google AdWords, Facebook Management Best Practices from the United States and Israel.” Location is Snowbird Center, Tram Building, 9385 S. Snowbird Center Drive, Snowbird. Cost is $85. Sponsorships are available. Details are at slchamber.com.

Sept. 12, 8 a.m.-2:30 p.m. “Strategic Talent Acquis- ition,” an Employers Council event. Location is Employers Council, Utah office, 175 W. Back-To- 200 S., Suite 2005, Salt Lake City. Cost is $205. Details are at School employerscouncil.org. Sept. 12, 11:30 a.m.-1 p.m. WIB Luncheon, a Davis Chamber of Commerce event. T-Shirt Make Location is 850 N. 2200 W., Layton. Cost is $20. Details are at davischamberofcommerce.com.

and Take Day Sept. 13, 7:30-8:30 a.m. Eggs & Issues, a Murray Area Chamber of Commerce Join us on August 15 in Brigham City to make a custom t-shirt event. Speaker is Dave Niponski, Murray City Council candidate and learn about a cool process. We will be printing the shirts (District 1). Location is Anna’s on-site from artwork you create right there! Great project for Restaurant, 4700 S. 900 E., Murray. Free unless ordering kids (or adults)!! Sign up by Aug 9! from the menu. Open to every- one. Details are at murraycham- bassett.design/make-and-take-t-shirt ber.org. Sept. 13, 7:45-9 a.m. Women in Business Net- working, an Ogden-Weber Chamber of Commerce event. Location is Weber Center, 2380 Washington Blvd., Ogden. Free for WIB members. Details are at ogdenweberchamber.com.

Sept. 13, 8 a.m.-4 p.m. “Effective Interpersonal Communication,” a Frontline Leader workshop presented by Salt Lake Community College. Location is SLCC’s Miller Campus in Sandy. Also offered Sept. 17, 8 a.m.-4 p.m., at the Westpointe Campus in Salt Lake City. Cost is $250. Details are at slcc.edu/workforce.

Sept. 17, 8 a.m.-noon “Working with Multiple Generations,” an Employers We are a true one-stop print shop! Council event. Location is Employers Council, Utah office, Located in Cleareld since 2017, 175 W. 200 S., Suite 2005, Salt in business since 2013. WE PRINT IT! see CALENDAR next page The Enterprise - Utah's Business Journal • August 5-11, 2019 • 19 Sept. 19, 11:30 a.m.-1 p.m. eon, an Ogden-Weber Chamber is the Utah Microloan Fund, 154 increase their knowledge and CALENDAR “Multiplying Lasting Pro- of Commerce event. Location is E. Ford Ave., Suite A, Salt Lake improve their strategies in global from previous page fitable Relationships,” a West Ogden Eccles Conference Center, City. Free. Registration can be business practices. Details are Jordan Chamber of Commerce 2415 Washington Blvd., Ogden. completed at Eventbrite.com. available by contacting Deb Lake City. Cost is $145. Details event. Presenter is Clay Neves of Cost is $20 for WIB members, Bilbao at (801) 957-5336 or deb. are at employerscouncil.org. Personal Sales Dynamics. first-time guests and Athena recip- Sept. 25-Dec. 4, 6-9 p.m. [email protected]. Location is Mountain America ients; $30 for nonmembers. Details Executive Certificate of Sept. 17, 11:30 a.m.-1 p.m. Credit Union, 3065 W. 5400 S., are at ogdenweberchamber.com. Global Business Management Sept. 25, 7:30-8:30 a.m. Business Alliance Network- Taylorsville. Free for members, Course, a Salt Lake Community “Coffee Connection,” a ing Luncheon, a Davis Chamber $10 for nonmembers. Details are Sept. 24, 3-6 p.m. College course offered 6-9 p.m. Holladay Chamber of Commerce of Commerce event. Location at westjordanchamber.com. “Financial Statements for Wednesdays. Designed for busi- event. Location is Great Harvest, is Boondocks Fun Center, 525 the Small-Business Owner,” a ness executives, professionals, Deseret Drive, Kaysville. Free. Sept. 20, 7:30-8:30 a.m. Utah Microloan Fund event. working staff, entrepreneurs and No RSVP required. Details are at Eggs & Issues, a Murray Presenter is Eric J. Marx. Location qualified students who wish to see CALENDAR page 22 davischamberofcommerce.com. Area Chamber of Commerce event. Speaker is Brett Hales, Sept. 17, 11:30 a.m.-1 p.m. Murray City Council candidate Southwest Valley Women (District 5). Location is Anna’s in Business. Location to be Restaurant, 4700 S. 900 E., determined. Details are at south- Murray. Free unless ordering jordanchamber.org. from the menu. Open to everyone. Details are at murraychamber.org. Sept. 18, 7:15 a.m.-3 p.m. 2019 Fall Business Con- Sept. 20, 8-10 a.m. ference, a ChamberWest event Utah County Speednet, featuring two keynote presenters, a Utah Valley Chamber speed nine breakout sessions, exhibitor networking event. Location is tables and more. Location is Utah SCERA Center for the Arts, 745 Cultural Celebration Center, S. State St., Orem. Free. Details 1355 W. 3100 S., West Valley are at thechamber.org. City. Cost is $99 for early-bird ChamberWest members (through Sept. 20, noon Aug. 30) and $125 thereafter, Silicon Slopes Live, a lunch $125 for nonmembers. Details and live recording of a Silicon are at chamberwest.com. Slopes podcast and featuring SimpleNexus executives Matt Sept. 18, 8 a.m.-2 p.m. Hansen, founder and CEO; Dave “CO — Salt Lake City: A Stevenson, founder and CTO; and Forum for Small and Growing Ben Miller, president and COO. Businesses,” presented by the Location is Silicon Slopes, 2600 U.S. Chamber of Commerce, W. Executive Parkway, Suite 140, MetLife and the Salt Lake Lehi. Free. Details are at silicon- Chamber. Location to be deter- slopes.com. mined. Details are at slchamber. com. Sept. 24, 11:30 a.m.-1 p.m. Women in Business Lunch- Sept. 19, 8 a.m.-4 p.m. “Supervisory Skills: Tak- ing It to the Next Level,” an Employers Council event tak- ing place over two consecu- tive Thursdays. Location is Employers Council, Utah office, 175 W. 200 S., Suite 2005, Salt Lake City. Cost is $345. Details are at employerscouncil.org.

Sept. 19, 11:30 a.m.-1 p.m. Annual Mayoral Round- table Discussions, a Davis Chamber of Commerce event featuring conversations with Dais County mayors about business and community issues. Location One in three women in Utah is Fountain View Events Center, will experience domestic Station Park, 164 W. Promontory, violence in their lifetime. No. 200, Farmington. Cost is $20 for members, $25 for guests. Details are at davischamberof- commerce.com. What We Do: Making a Di ference: South Valley Services (SVS) I 2,057 Hot Line Calls Sept. 18, 7-10 p.m. provides options through I 1,606 Hours of Child Care “Strategic Planning and counseling, case management, I 1,647 Hours of Case Mgmt. Analysis for Your Growing I Business,” a Utah Microloan prevention and shelter to women, 413 Community Outreach Events Fund event. Presenter is Brenner children and men who have I 1,864 Volunteer Hours Adams. Location is the Utah experienced domestic violence I 1,472 Hours of Crisis Therapy Microloan Fund, 154 E. Ford to live life free from violence. I 14,702 Nights of Safe Shelter www.svsutah.org Ave., Suite A, Salt Lake City. Free. Registration can be com- pleted at Eventbrite.com. To donate, volunteer, or if you need help, call 801-255-1095. 20 • August 5-11, 2019 • The Enterprise - Utah's Business Journal Opinion Unemployment, underemployment and the comprehensive jobless rate When he testified before Congress Economics, the low U.S. rate isn’t really But BLS estimates don’t count people employment. But the U-6 metric is less use- recently, Federal Reserve Board Chairman unique. The United Kingdom has a 3.8 who have full-time jobs and who would ful as a measure of joblessness because it Jerome Powell made an interesting com- percent unemployment rate. Germany has a like to work more hours or switch jobs. conflates ‘unemployment’ with ‘underem- ment: “We don’t have any basis or any evi- 3.1 percent rate in spite of suffering through It doesn’t account for some important ployment’ by counting part-time workers as dence for calling this a hot labor market.” a bout of slow growth. Japan’s rate is a nuances, like an older population. That’s if they didn’t have a job at all.)” He added that “to call something hot, you mere 2.4 percent. Singapore is at 2.2 per- why many economists, from the University The CJR (or U-5b) uses the same BLS need to see some heat.” Come cent, while Qatar has a reportedly of Maryland’s John Haltiwanger and data but counts people who otherwise fall again? The unemployment rate is minuscule rate of 0.10 percent. Katharine Abraham to Dartmouth College’s through the cracks of the official BLS 3.7 percent, and this is somehow The problem with the headline David Blanchflower to the University of unemployment measures: those who gave a lukewarm market? unemployment rate produced by Stirling’s David Bell in the U.K. to econo- up looking for work more than 12 months An inability to perceive this the Bureau of Labor Statistics mists at the Dallas Fed, are all coming up ago or are currently unavailable to take alleged lukewarmness of the (BLS) — called the “U-3 rate” — with new metrics. a job but are still actively searching for labor market may be explained is that it only counts people who My colleague Michael Farren is push- future work opportunities (like graduating by the fact that the main metrics aren’t working but want to work, ing for new metrics that would give a more VERONIQUE students). It’s not intended as a replacement we use to report the health of the de RUGY defined as having made an effort accurate picture of the labor market, too. for the other unemployment measures; labor market — this 3.7 percent, over the past four weeks to find a Originally designed by economist Scott rather, it’s useful as a benchmark to better unemployment rate — captures job and being available to start a Winship in a paper for the Mercatus Center, understand the unemployment metrics and only one aspect of the employment story. job. Farren embraces the idea and is doing the fact-check politically motivated exaggera- That said, whatever this metric implies, The BLS does publish other unem- hard work to make the case for a metric tions. it probably makes most governments ployment metrics. There’s the “discour- to government officials and journalists. The CJR is about 3.3 percent higher, around the world drool with envy. Many aged worker” unemployment rate (U-4), He calls it the Comprehensive Jobless on average, than the headline unemploy- African countries face unemployment rates which includes job-wanters who, while they Rate (CJR). It’s comprehensive because it ment rate. But don’t feel too bad about that of 20 percent, or above. The rate in Greece haven’t searched for employment in the past counts all adults who say they want jobs, because this higher CJR hit an all-time low is 17.6 percent. The French unemploy- month because of economic reasons (e.g., regardless of whether they are or aren’t last April at 6.5 percent! Whether that’s a ment rate stands at 8.7 percent. In Italy, it’s believing that they don’t have the training actively looking for work. 9.9 percent. The Euro Area unemployment for the available jobs), have actively pursued Farren tells me, “The comprehen- hot market or not, I’ll let you be the judge. rate is 7.5 percent — and that’s its lowest employment in the last year. Then there’s sive jobless rate could be referred to as Veronique de Rugy is a senior research rate since 2008. Sweden is at 6.8 percent. the U-5 rate, including those who similarly the ‘U-5b’ because conceptually, it falls fellow at the Mercatus Center at George Australia is 5.2 percent and in Canada, it’s haven’t looked for work because of “non- between the U-5 and U-6 unemployment Mason University in Fairfax, Virginia. 5.5 percent. economic reasons,” such as caring for family rates. (U-6 adds in people who are work- Yet, according to the website Trading members or lacking transportation. ing in part-time jobs but want full-time COPYRIGHT 2019CREATORS.COM

The cancerous consensus in today’s hyper-politicized Washington, D.C. You often hear that in these polar- of the total waste, fraud, abuse and failed you would expect that, over time, defense keeps spending billions on aircraft carriers ized times, Republicans and Democrats are efforts.” spending as a percentage of a growing and tanks. deadlocked on almost everything. But the Outside war zones, there are the usual economy should decline.” There are even more fundamen- real scandal is what both sides agree on. The examples of $14,000 toilet seat lids, $1,280 The United States faces a world in tal questions about the structure of the best example of this might be the defense cups (yes, cups) and $4.6 million for crab flux, to be certain, but surely not a more Pentagon. Why do we have an Air Force budget. Recently, the Democratic House, and lobster meals. Remember when then- dangerous world than during the Cold War. if the Army, Navy and Marines all have which Republicans say is filled Secretary of Defense Robert Gates The U.S. now spends more than the next their own air forces? Why does each with radicals, voted to appropri- noted that the Pentagon had about 10 countries in the world put together, six service have its own representatives to ate $733 billion for 2020 defense as many people in military bands of which are close allies — Britain, France, essentially lobby Congress? When he spending. The Republicans are as the State Department had active Germany, Japan, Saudi Arabia and South was defense secretary in the early 2000s, outraged because they — along foreign service officers? Well, it’s Korea. And the real threats of the future — with President Trump — want still true today. cyberwar, space attacks — require different that number to be $750 billion. Donald Trump says he is strategies and spending. Yet Washington see ZAKARIA page 22 In other words, on the largest FAREED a savvy businessman. Yet his atti- item of discretionary spending ZAKARIA tude toward the Pentagon is that in the federal budget, accounting of an indulgent parent. “We love for more than half of the total, and need our military and gave Democrats and Republicans are divided by them everything — and more,” he tweeted 2.3 percent. That is the cancerous consen- last year. Far from bringing rationality to sus in Washington today. defense spending, he has simply opened the America’s defense budget is out of piggy bank, while at the same time trying to control, lacking strategic coherence, utter- slash spending on almost every other gov- ly mismanaged, ruinously wasteful and ernment agency. The Pentagon is the most yet eternally expanding. Last year, after a fiscally irresponsible government agency, quarter-century of resisting, the Pentagon but the Republicans’ response has been to finally subjected itself to an audit — which simply give it more. itself, in true Pentagon style, cost more The much deeper danger, however, is than $400 million. Most of its agencies spotlighted by Jessica Tuchman Mathews — Army, Navy, Air Force, Marines — in a superb essay in the New York Review failed. “We never expected to pass,” admit- of Books. Mathews points out that we tend ted then-Deputy Defense Secretary Patrick to think about the defense budget as a Shanahan. percentage of the country’s gross domestic The Special Inspector General for product, which is fundamentally erroneous. Afghanistan Reconstruction has identified The defense budget should be related to $15.5 billion of waste. But that is after the threats the country faces, not the size reviewing only $53 billion of the $126 bil- of its economy. If a country’s GDP grows lion appropriated for Afghan reconstruction by 30 percent, she writes, it “has no reason through 2017. He wrote in a 2018 letter, to spend 30 percent more on its military. “[We] have likely uncovered only a portion To the contrary, unless threats worsen, 118,621 Jobs 49,513 30,329 28,919 9,860 (41.7%) (25.6%) (24.4%) (8.3%) (100.0%)

Earnings $4.1 $3.0 $1.3 $1.0 $9.5 (Billions) (43.4%) The Enterprise - Utah's Business(31.8%) Journal • August(14.2%) 5-11,(10.6%) 2019 • (100.0%)21 TECH 0% 20% 40% 60% 80% 100% from page 1 Figure 1.15: UtahUtah Tech Industry TechTechnology Economic Industry Support Impacts,Information 2018 Economic Services Trade Impact, Manufacturing 2018

118,600 $9.5 $13.0 of the state’s total workforce — fifth-highest in the nation and n Direct impact above the 4.4 percent nation- 310,500 jobs 20.4 billion 29.7 billion (Tech industry) wide average. Between 2008 and 12.0% 11.6% $2.0 15.2% 19.0% $1.8 18.0%$1.7 2018, Utah’s tech industry saw 10.0% 9.3% of Utah of Utah $1.6 of Utah n Indirect and 4.9 percent job growth per year, 8.0% third-highest in the U.S. Employment6.4% Earnings $1.4 GDP induced impacts 6.0% $1.0 4.4% $1.2 (Other industries) “For the past 15 years, the 4.0% $1.0 $0.8 tech industry has been a reliable 2.0% 191,900 $11.0 $0.8 $16.7 job creator for Utah, even dur- 0.0% $0.6 $0.5 Employment Wages ing the economic downturn from Note: Employment includes the number of full- and part-time jobs rounded to the nearest hundred. $0.4Earnings include employee$0.7 compensation (with bene ts) and income from self- 2007 to 2009,” the report said. employment. Totals may not match exactlyUtah due to rounding. U.S. $0.2 $0.3 “The volatility and retrenchment TheSource: study, Kem C.hailed Gardner as Policy the Institute first analysisindustries of data fromand the states.” Utah Department of Workforceinformed Services$0.0 anddecisions.” U.S. Bureau of Economic Analysis using the REMI PI+ economic model. State of Utah “We liveLocal inGovernments a time of dra- the industry experienced in the of its kind, indicated that tech The annual job growth rate Other components of the matic technological change that first few years of the century Other Industries Tech Industry economyFigure activity 1.16: in Tech 2018 Industry gen- Indirectin Utah tech and is Induced 4.9 percent, ahead study1.6.2 show Which that: Other Utah Industriesimpacts Depend all facets on ofthe our Tech lives,” have not recurred.” erated over $2.5 billion in tax of the national figure of 1.4 per- • The tech-related job total Employment, Share of Total Utah Jobs in Each Sector, 2018 Industry? said Natalie Gochnour, director The Gardner Institute in revenue to help fund schools and cent. That compares with 1.9 per- includes 118,600 Utah jobs in the of the Gardner Institute. “Utah’s February released preliminary other government services. That cent for other industries in Utah tech industry;The economic 50,100 jobs impact at tech- of Utah’stech tech sector industry stands extends at the forefront beyond results of the study and the new total included $1.7Construction billion in state and 0.9 percent for other indus-20.8% nology-relatedthe industry firms itself. that Besides over- its directof this economic change not activity, only provid-the tech report updates figures for 2018 taxes and $800 million in local tries in the nation. lapped with aerospace, defense, Tech-related companies in Business services 13.3% industry supported indirect anding inducedjobs and activity income outside for Utah the aerospace, life sciences, and and other information. The Tech taxes. “In terms of total employ- life sciences and other industries; families, but bringing innovative Retail trade 11.9% tech industryTech company that amounted to 191,939 jobs, which contributed Industry Advisory Council — Employment in technology ment and wages in the private and 43,800 jobs in tech occupa- productsother and industries: services to a global $11.0 billionemployees: in earnings and $16.7 billion in GDP in 2018 (see with participation from industry jobs equated to Other4.7 percent services of all sector, no state11.9% with an economy tions at non-tech companies. economy37,594 and jobsmaking (employees) Utah a cen- 83,892 jobs! trade associations Silicon Slopes, Utah jobs, Leisureoutpacing & hospitality the national of Utah’s10.2% size had a larger tech Table • Tech 1.18). jobs Wein willUtah explore paid indirectter of innovation.” and induced impacts by

Utah Technology Council and figure of 5 percent.Real estate industry10.1% in 2018,” said Levi Pace, an averagesector offor $106,100 the rst intwo 2018, measures, employment “As Utah’s economy and earnings, con- Women Tech Council — and the “Tech companies employ a senior research economist at the over 80 percent higher than the Transportation & utilities 9.5% bothSelf-employment of which are more in tech tangible tinues than to 12,498GDP soar, forjobs so Utah does residents. our tech- Governor’s Office of Economic larger share of the workforce in Gardner Institute and lead author $58,500-per-job compensation in nology industry,” said Val Hale, Wholesale trade 9.4% Everycompanies: major 34,729 sector jobs of Utah’s economy(self-employment) bene tted from tech Development and Economic Utah than nationwide,” the report of the report. “While we focus other industries. executive director of the Utah Professional services 8.2% 16 Development Corporation of states. “The industry’s generous on jobs and earnings of the tech industry • Eighty activitypercent ofin Utah’s2018 (seeGovernor’s Figure 1.16). Office Ofof 15Economic sectors, Tech-related (50,060 jobs) Utah contributed to the research pay, comparedHealth with & education other indus- industry7.9% itself, our research also tech constructionindustry jobsTech industrydependedand wages (118,621 theare jobs) mostDevelopment. on the tech industry. “The Utah Just Tech over Section 1.7 by providing data, sharing exper- tries, attractsFinance workers. & insurance Even with explores7.1% the workforce in tech in Saltone- fth Lake and Sectionsof construction Utah 1.1 counties.to 1.6 jobs wereEconomy supported report bywill tech be industrya great tise and reviewing results. Utah’s strongNatural wage resources growth in occupations,6.6% regardless of indus- Utah County led the state in tech- resource and help companies The report is avail- activity in Utah. The other 14 sectors fell between 2.6 percent recent years, techGovernment companies find try.6.2% This comprehensive approach nology jobs, employing 10.2 per- looking at Utah better under- able at https://gardner. labor costs in Utah well below results in a first-of-its-kind and cent, (informationand ranked secondservices) among and 13.3stand percent our (businessinformation services), technol- in Manufacturing 4.9% utah.edu/wp-content/ the national average. Job growth landmark report on Utah’s tech countiesterms for of its the employment share of jobs level from ogy the industry. tech industry’s We look indirect forward andto Information services 2.6% uploads/2019TechReportVol1. in Utah’s tech industry has been economy that will help industry with inducedmore than impacts. 25,300 jobs17 Nine in the sectors the werefuture belowimpact thetechnology 9.7 percent will pdf. remarkable compared with0.0% other leaders 5.0% and 10.0% policy makers 15.0% make 20.0% industry.state average, and six sectors werehave above on Utah the and average. its economy.”

Note: Indirect and induced employment represents tech industry economic impacts outside The two sectors with the most indirect and induced STEM only o ccupations: the industry itself. employmentTech only from Otheccupations tech industry in 2018 were retail trade Source: Kem C. Gardner Policy Institute analysis of data from the Utah Department of occupations: in both Tech 34,300 jobs (32.0% of STEM jobs) Workforce Services and U.S. Bureau of Economic Analysis using the REMI PI+ economic model. and10, 82construction,0 jobs whichand STEM combined for over one-fourth of total JOIN THE(12.9% ofFIGHT AGAINST indirecttech jobs) and induced72,840 jobs jobs (see Table 1.19). The tech industry

supported more than 26,000 Utah jobs in each sector. Three Utah’s tech industry contributed more than one-sixth of theSEX TRAFFICKING other sectors created or retained more than 17,000 Utah jobs state’s earnings and GDP in 2018. Total direct, indirect, and Our corporateeach partners because work of thehand-in-hand tech industry: with business us around services, health induced impacts were 15.2 percent of Utah employment,the 19.0 world to help put an end to modern-day slavery. and education, andTech leisure occupations and hospitality.STEM The occupations remaining ten percent of earnings, 12.9 percent of personal income, and 18.0 (83,660 jobs total) (107,140 jobs total) These partnershipssectors collectively are essential received in helping 42.6 percent Operation of the indirect and percent of GDP (see Figure 1.15). For example, 19.0 percent of Undergroundinduced Railroad employment accomplish from our the mission.tech industry. We are all earnings by Utah workers that year came either from tech dedicated to buildingFor 13 of long-termUtah’s 15 economic and mutually sectors beneficialin 2018, earnings shares companies or from other companies supported by purchases strategicfrom alliances tech industry with corporateindirect and sponsors. induced impacts were larger tech companies and workers made. For non-tech companies, Through the generositythan employment of businesses shares (see ranging share of from sector family columns in Table we counted only whatever fraction of their jobs, earnings, and owned local1.19). enterprises Among all to sectors, some anof averagethe world’s of 10.3 largest percent of all worker GDP depended on the tech industry. corporations,earnings we will came put froman end the toindustry’s modern-day indirect slavery. and induced impacts, We invite yoursomewhat company higher to partnerthan the with9.7 percent us and average support for employment our mission.outside Youthe techcan getindustry. involved Earnings through: include employee wages and bene ts, as well as self-employment income. Financial support INFORMED DECISIONSTM 23 Grants and awards programs gardner.utah.edu I July 2019 Raising public awareness

In return, we provide our partners with a wealth of benefits, including public relations, tax deductions and a positive e€ect on company morale.

JOIN THE FIGHT TODAY Visit www.ourrescue.org and www.ourrescue.org/partnerships WE EXIST TO RESCUE CHILDREN FROM SEX TRAFFICKING Find us on @ourrescue 22 • August 5-11, 2019 • The Enterprise - Utah's Business Journal Open to the public. Location is Sept. 26, 3-5 p.m. a powerful elevator pitch. Location Oct. 1, 11:30 a.m.-1 p.m. CALENDAR SLCC’s Miller Campus, Sandy. Public Policy Forum, a Utah is Mountain America Credit Union, Business Alliance Network- from page 19 Cost is $1,950. Details are at Technology Council event focus- 3065 W. 5400 S., Taylorsville. Free ing Luncheon, a Davis Chamber http://www.slcc.edu/workforce/ ing on important issues regarding for chamber members, $10 for of Commerce event. Location courses/index.aspx. nonmembers. Details are at west- 4655 S. 2300 E., Suite 105, government’s impact on business. is Boondocks Fun Center, 525 Location is NICE inContact, 75 jordanchamber.com. Deseret Drive, Kaysville. Free. Holladay. Details are at holla- Sept. 25, 3-5 p.m. daychamber.com. W. Towne Ridge Parkway, Sandy. No RSVP required. Details are at “Developing Your Business Free. Registration can be com- Sept. 27, noon-1 p.m. davischamberofcommerce.com. Women in Business Brown Systems,” a Utah Microloan Fund pleted at Eventbrite.com. Sept. 25, 8 a.m.-5 p.m. event. Presenters are Ethan White Bag Lunch, a West Jordan “Lean Six Sigma and Jonathan Engle. Location is Sept. 27, 9-10 a.m. Chamber of Commerce event. Oct. 2, 3-5 p.m. “Starting Your Business Black Belt,” an Employee the Utah Microloan Fund, 154 Pitch Clinic, a West Jordan Location is Residence Inn, 7558 101,” a Salt Lake Small Business Development program offered by E. Ford Ave., Suite A, Salt Lake Chamber of Commerce event for S. Plaza Center Drive, West Development Center (SBDC) Salt Lake Community College City. Free. Registration can be business development profession- Jordan. Free. Details are at west- event. Location is Salt Lake on Wednesdays through Nov. 13. completed at Eventbrite.com. als to hone their skills in delivering jordanchamber.com. SBDC, Salt Lake Community College, MCPC 110, Sandy. Free. Details are at https://clients. utahsbdc.org/events.aspx.

Oct. 3, 7:30-9 a.m. Chamber Speaker Series, an Ogden-Weber Chamber of Commerce event. Location is Weber Center, 2380 Washington Blvd., Ogden. Free for chamber members and first-time guests. Details are at ogdenwebercham- ber.com.

Oct. 3, 8 a.m.-noon “Americans With Disab- ilities Act Essentials,” an Employers Council event. Location is Employers Council, Utah office, 175 W. 200 S., Suite 2005, Salt Lake City. Cost is $145. Details are at employer- scouncil.org.

see CALENDAR next page

ZAKARIA from page 20

Donald Rumsfeld tried to force some coherence onto the depart- ment (a legacy overshadowed by his disastrous handling of the Iraq War), but he was mostly outmaneuvered by the Pentagon and Congress. “You refer to clos- ing unneeded bases,” Rep. Rob Simmons of Connecticut said to Rumsfeld. “I only have one base, and I do need it.” Multiply this response by 535 members of Congress to understand the depth of the problem. Dwight D. Eisenhower was the kind of Republican who had a pragmatic skepticism about government. He was the kind of seasoned general who understood that peace came from a combina- tion of military strength and dip- lomatic engagement. That was why in his presidential farewell address he spoke about the dan- gers of the “military-industrial complex.” Sixty years later, it looks like one of the most pro- phetic warnings any president has ever made.

Fareed Zakaria’s email address is [email protected].

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CALENDAR from previous page CLASSIFIED Oct. 4, 8-10 a.m. First Friday Face-to- CAREERS VOLUNTEERS Face, a West Jordan Chamber of Commerce business-to-business networking event. Location is TECHNICAL the Megaplex Theatres at The Oracle America, Inc. has openings for Technical Ana- District, 3761 W. Parkway Plaza Drive, South Jordan. Free. Details lyst positions in Lehi, UT. Job duties include: Deliver are at http://firstfridaysnetwork- solutions to the Oracle customer base while serving as International Relief Teams Seeks Skilled ing.com/. an advocate for customer needs. Apply by e-mailing re- Construction Volunteers sume to [email protected], referencing International Relief Teams (IRT) is seeking volunteers with construc- Oct. 4, 8 a.m.-3 p.m. 385.22347 Oracle supports workforce diversity. tion skills (handypersons or licensed contractors) for one week de- Executive Summit, a Utah ployments to U.S. flood affected areas to help those families who can- Valley Chamber event featuring not financially recover on their own, get back into their homes. more than 20 speakers. Location Our construction teams are currently working in Louisiana in the af- Chamber of Commerce event. termath of last year’s record floods, and anticipate we will be needed is Sundance Resort, Rehearsal Oct. 9, 5-7 p.m. Location is Lagoon, 375 N. in Texas in the near future. Hall, 8841 N. Alpine Loop Road, Business After Hours, Lagoon Drive, Farmington. Cost Although skilled construction volunteers are our first priority, we will Sundance. Cost is $295 for mem- an Ogden-Weber Chamber of is $20. Details are at davischam- be adding a limited number of unskilled volunteers to each team. All bers, $350 for nonmembers. Commerce event. Location is volunteers accepted for this assignment will be flown commercially berofcommerce.com. Details are at thechamber.org. Earl’s Lodge, Snowbasin Resort, from an airport near their home to an airport near the job site, leav- 3925 E. Snowbasin Road, ing on a Sunday and returning the following Sunday. IRT will provide Huntsville. Free for chamber Oct. 11, 7:45-9 a.m. minivans for volunteers to use to for local transportation to and from Oct. 8, 8 a.m.-4 p.m. members and first-time guests, Women in Business the arrival airport and to and from the job site. “Project Management Teams will be housed at local churches or other suitable facilities. Vol- $10 for nonmember guests. Networking, an Ogden-Weber Essentials,” a Frontline Leader unteers are responsible for bringing their own bedding, towels, and Details are at ogdenwebercham- Chamber of Commerce event. workshop presented by Salt Lake toiletries. There is a $150 volunteer participation fee to help cover ber.com. Location is Weber Center, 2380 Community College. Location is airfare and local transportation costs, and volunteers are responsible Washington Blvd., Ogden. Free for their own meals while on assignment. SLCC’s Miller Campus in Sandy. for WIB members. Details are at Work is performed Monday through Friday (full days) and a half day Also offered Oct. 15, 8 a.m.-4 Oct. 10, 8 a.m.-4 p.m. ogdenweberchamber.com. on Saturday. Job assignments generally include installing windows, p.m., at the Westpointe Campus “Supervisory Skills doors, kitchen cabinets; laying tile, linoleum, or wood flooring; build- in Salt Lake City. Cost is $250. Program,” an Employers ing handicap ramps to the home; roofing; drywall and mudding; finish Details are at slcc.edu/workforce. Council event over four consecu- Oct. 11, 8:30 a.m.-1 p.m. carpentry work, finishing plumbing; and other related tasks. We ask tive Thursdays and providing a BEST (Business and each volunteer to bring basic hand tools, such as a tool belt, hammer, foundation of critical skills nec- Economic Summit and pliers, putty knives, tape measure, etc. Power tools, generators, com- pressors, and other large specialty tools are provided by IRT and our Oct. 8, 10-11:30 a.m. essary to become an effective Training), a Davis Chamber of “How to Become a Leader local agency partners. workplace leader. Location is Commerce event. Location is People Will Follow,” a West For more information, contact Brett Schwemmer (bschwemmer@ Employers Council, Utah office, Weber State University’s Davis Jordan Chamber of Commerce irteams.org), or to apply for an assignment, fill out an online volunteer 175 W. 200 S., Suite 2005, Salt Campus, 2750 University Park application (www.irteams.org). event. Location is Mountain Lake City. Cost is $740. Details Blvd., Building D-2, Room 110- About IRT: Since 1988, IRT has been actively involved in helping fam- America Credit Union, 3065 W. are at employerscouncil.org. 111, Layton. Cost is $50 for ilies in need in 68 international disasters, and 24 U.S. disasters. IRT 5400 S., Taylorsville. Free for construction teams worked for more than six years repairing and re- chamber members, $70 for non- chamber members, $10 for non- building homes in Mississippi after Hurricane Katrina, and four years members. Details are at davis- members. Details are at westjor- Oct. 10, 11:30 a.m.-1 p.m. in New Jersey after Superstorm Sandy, and is now working in Louisi- chamberofcommerce.com. danchamber.com. WIB Luncheon, a Davis ana after last year’s record floods. 24 · August 5-11, 2019 · The Enterprise - Utah's Business Journal

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