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www.slenterprise.com March 15, 2021 Volume , Number 34 $1.50 5O OF NOTE Jazz purchase is top 2020 Utah acquisition person in the state should realize they have a started with Lucidchart, a web-based, pro- Brice Wallace stake in the Jazz, too. While acknowledging prietary platform that allows users to col- The Enterprise that the team is a business, Smith stressed it laborate on drawing, revising and sharing also is a community asset. charts and diagrams. Their names are at the top of the orga- “You’re part of this. You’re part of Utah. Smith took a different route in build- nizational chart, but the new owners of the You’re part of building this. You’re part of ing Qualtrics, an experience management Utah Jazz see every Utahn as part of the the Jazz,” he said. “We want you to laugh, franchise. and cry when we cry, and it’s going to be “We’re all in this together,” Ryan Smith hard and there’s going to be good times, so see DEALSOURCE page 15 said as he and his wife, Ashley, were present- we just want to enjoy it all together because I can't find my phone ed the M&A Award at the ACG (Association it’s what we need. It’s what we need in the for Corporate Growth) Utah’s 17th annual world right now.” The average Utahn could last Intermountain DealSource Summit, for their The summit also included a presenta- only 1.8 days without their cell- acquisition last year of the majority stake tion of the Growth Capital Award to Lucid, Still falling: Utah phone, according to a survey in the Jazz for $1.66 billion from the Miller founded by Ben Dilts and Karl Sun in 2010. by GearHungry.com, a resource family. Last year, the company secured $52 million for reviews of men’s gear, gad- Smith said everyone involved in the in a Series D funding round on an evaluation unemployment gets and gifts. The U.S. aver- transaction, every business owner and every of more than $900 million. The company age is 1.6 days. Nationally, device usage has increased by down to 3.1% one-third since the start of the Utah’s unemployment rate fell to 3.1 COVID-19 pandemic. percent in January, just behind South Dako- ta’s 3 percent for the second-lowest in the Innovate Utah nation. The jobless rate means that just over page 7 50,000 Utahns are still actively looking for work, according to the Utah Department of Industry News Briefs Workforce Services. pages 8-9 The national unemployment rate sits at Business Calendar 6.3 percent, according to the Bureau of La- bor Statistics. page 11 “The winter months have decelerated but not stopped the Utah economic recov- ery,” said Mark Knold, chief economist at the Department of Workforce Services. “With end-of-year adjustments, December’s employment estimate has been scaled back and the January estimates refl ect a slight Rio Tinto has announced plans to build a tellurium extraction plant at its Bingham Canyon Kennecott improvement over the revised December copper mine. Tellurium is a component of cadmium telluride, a semiconductor used to manufacture numbers. Yet private-sector employment thin fi lm photovoltaic solar panels such as these at a solor power generating facility in Rich County. has returned to employment expansion. It is government employment that is curbing the overall picture — in particular, education employment.” Rio Tinto to build new tellurium Utah’s January private-sector employ- ment recorded a year-over-year expan- sion of 0.3 percent, the department report- extraction facility at Utah mine ed. Five of Utah’s 10 private-sector major Rio Tinto will begin construction on a Rio Tinto expects to begin production industry groups posted net year-over job new plant that will recover tellurium, a criti- of tellurium in the fourth quarter of 2021, gains, led by professional and business ser- cal mineral used in solar panels, from cop- creating a new North American supply vices (9,900 jobs); trade, transportation and per refi ning at its Kennecott mine near Salt chain for the mineral. utilities (8,100 jobs); and fi nancial activities Lake City. Rio Tinto is investing $2.9 mil- Tellurium is a component of cadmium (4,100 jobs). Five industry groups remain lion to set up the plant, which will recover telluride, a semiconductor used to manu- with year-over employment declines, led tellurium as a byproduct of copper smelting, facture thin fi lm photovoltaic solar pan- by leisure and hospitality services (down extracting the mineral from waste streams. 12,400 jobs), education and healthcare The plant will have a capacity to produce (down 7,600 jobs) and information (down see TELLURIUM page 14 approximatelyAFCU-Business-Strip.pdf 20 tons of tellurium 2 per 5/7/19 year. 5:02 PM 1,500 jobs). C

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K 2 • March 15-21, 2021 • The Enterprise - Utah's Business Journal COVID-19 AND UTAH - NEWS AFFECTING YOUR BUSINESS & YOUR EMPLOYEES

Last Monday, the Centers for Disease Control elements, all built around variations on the message, State enlists three more healthcare and Prevention (CDC) released highly anticipated “This Is Our Shot. Let’s Take It.” The concept is to providers to help vaccination effort guidance on practices considered safe for those who promote COVID vaccination awareness and provide are fully vaccinated against the COVID-19, relating the most up-to-date information available to Salt Lake As the number of doses of COVID-19 vaccine in- to gatherings, quarantine and testing. Most notably, County residents. creased in Utah with the availability of the new John- the CDC said that those who are fully vaccinated can All creative messages will drive visitors to the son & Johnson one-dose medication, the Utah Depart- spend time with unvaccinated people indoors, with no county’s new website, thisisourshot.com, for the latest ment of Health enlisted additional healthcare providers mask, so long as those who are unvaccinated are at details on who’s eligible for vaccines, where to get a to give the shots. Intermountain Healthcare and Uni- low risk for severe COVID-19. vaccination when the time is right and other facts about versity of Utah Health joined Nomi Health as pri- “As vaccinations increase, this guidance repre- the vaccine and Utah’s efforts to meet a 70 percent herd vate companies helping to vaccinate Utahns under the sents a fi rst step toward returning to everyday activi- immunity goal. agreement with the state. ties in our communities, and CDC will update these “We’ve been working quickly and have put a lot of All three contractors have operations ongoing recommendations as more people are vaccinated, time and resources behind our efforts,” said Salt Lake throughout the state and said they would expand op- rates of COVID-19 in the community change and as County Mayor Jenny Wilson. “It’s important we inform erations as state vaccine allotments increase. The new additional science and evidence become available,” the residents of Salt Lake County and others in our vaccination locations will not replace existing state and the CDC said in a press release regarding the guid- community in a timely, upfront manner as details and county sites or the pharmacies currently giving shots. ance. information change frequently.” “These partners will increase our reach through- Dr. Rochelle Walensky, the director of the CDC, Though the campaign was assembled in a relative- out the state. They will be able to offer large-scale vac- said that two weeks after the second dose, or the sin- ly short amount of time, the thinking behind the cam- cination clinics in some areas where we’re currently gle dose for those receiving a vaccine developed by paign is based on extensive research—both quantitative unable to do so,” said Tom Hudachko, spokesperson Johnson & Johnson, fully vaccinated persons can and qualitative, Wilson said. Salt Lake County Health for the Utah Department of Health. “They have estab- safely gather inside with other fully vaccinated people Department staff and representatives conducted online lished relationships with many residents in the state without wearing face masks or physical distancing, surveys and focus groups to determine what miscon- who have underlying medical conditions, so we will the CDC said, calling these indoor gatherings “likely ceptions exist about COVID vaccines and where fur- rely on them to help with those populations. We al- low risk.” ther information and education might be most effective. ways intended to activate additional [locations] once As the size of gatherings increase and involves The campaign is produced in both English and Spanish. we had surpassed the capacity of the health depart- additional households, the risk also increases. In gath- “Our primary goal is to encourage people who live ments to administer vaccines.” erings with fully vaccinated people and unvaccinat- in Salt Lake County and surrounding areas of the im- Intermountain Health has begun giving vaccina- ed people from multiple households, everyone should portance of getting a COVID vaccination through out- tions at Logan Regional Hospital, McKay-Dee Hos- wear a mask and practice distancing, per the guidance. reach, education and awareness,” said Gary Edwards, pital in Ogden, Park City Hospital, Riverton Hospital, Further, regardless of vaccination status, every- executive director of Salt Lake County Health Depart- St. George Regional Medical Center, The Orthopedic one should avoid medium-to-large-sized gatherings ment. Speciality Hospital in Murray and Utah Valley Hospi- indoors and follow local guidance on related restric- tal in Provo. Anyone eligible for the vaccine can set tions. If fully vaccinated people decide to partake, up an appointment by going to https://intermountain- they should wear masks, practice distancing and wash State lowers vaccination eligibility healthcare.org. hands often. The CDC also said that going to the gym Nomi Health is administering vaccinations at and dining inside poses a smaller infection risk for age to 50, adds more comorbidities Megaplex Theaters in Lehi, Vinyard, West Valley City, fully vaccinated people. The number of Utahns eligible to receive the coro- Centerville and South Jordan with other location addi- navirus vaccine is growing. Last Monday, eligibili- tions pending. Details are at getmyshot.utah.gov. ty was expanded to include people age 50 and older. University of Utah Health vaccination locations 'This Is Our Shot': Salt Lake County's Some with underlying conditions, including those 16 are at the University of Utah Hospital in Salt Lake City and older who have Type 1 or Type 2 diabetes, a body and the Redwood Health Center at 1525 W. 2100 S. in campaign to encorage vaccination mass index above 30 or chronic kidney disease, also Salt Lake City. The Salt Lake County Health Department has un- became eligible. The new newly eligible group num- veiled a new public awareness campaign and website bers about 700,000, according to state estimates. CDC says vaccinated and 'low risk' built around the theme “This Is Our Shot” to promote “This is a huge addition to eligibility,” Gov. Spen- the importance of county residents getting their neces- cer Cox said. He estimated that every Utah adult who individuals can now safely gather sary COVID vaccinations. wants a vaccine will be able to get one by the end of The fi rst shoe has fallen in the nation’s journey The campaign, which launched earlier this month, April. toward normalcy following the coronavirus pan- features radio, TV, billboards, bus shelters, transit ad- Full details about vaccine eligibility are available demic. vertising, direct mail, digital marketing and collateral at coronavirus.utah.gov/vaccine.

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MOBILE SOLUTIONS bankofutah.com/merchant-services The Enterprise - Utah's Business Journal • March 15-21, 2021 • 3 Orgill to almost double its Hurricane footprint, add 157 jobs over 10 years Hurricane-based Orgill Inc. a 540,000-square-foot distribu- quartered in Collierville, Ten- the local economy, and we look ricane in 2004, in part due to a has announced plans to expand its tion center. Orgill plans to build a nessee. Orgill serves more than forward to the future impact Or- state of Utah incentive. This cur- operations. The company made 427,000-square-foot addition and 11,000 retail hardware stores, gill will have here.” rent expansion did not involve a the announcement in conjunction hire 157 new employees over the home centers, pro lumber deal- “It has been amazing to watch state incentive but did receive in- with the Utah Governor’s Offi ce next 10 years, the organizations ers and farm stores throughout our customer base in the West centives through a local redevel- of Economic Development said in a joint release. The expan- the United States and Canada and grow over the years,” said Darin opment agency. (GOED), the St. George Area Eco- sion includes capital expenditures over 50 countries worldwide. Houskeeper, Orgill’s vice presi- This has been a complex, nomic Development (SGAED) of $20 million. “We’re pleased that Orgill dent of distribution-West. “This retention-oriented effort from council, and the Economic De- Orgill is the world’s largest is expanding in a rural part of expansion will allow us to serve August 2020 on, when the com- velopment Corporation of Utah independent hardlines distributor, Washington County,” said Dan our existing customers more ef- pany’s site selection consultant (EDCUtah). with annual sales of $3 billion. Hemmert, executive director of fi ciently and help us prepare for fi rst approached us,” said Gregg The company has a current The privately owned company GOED. “The company has been further growth in the future.” McArthur, SGAED director of footprint of 234 employees and was founded in 1847 and is head- a steady, long-term contributor to Orgill fi rst located in Hur- economic development. “Nevada was our main competition. We had help from multiple partners, including GOED, taxing enti- Zions Bank launches initiative to add diversity to supply chain ties, real estate experts, the city Salt Lake City-based Zions and to be successful we must be chain managers. The database only to his family and his small of Hurricane, EDCUtah and oth- Bank has launched a supplier di- representative of the communities raises the visibility of diverse business, but also to the larger ers. We’re grateful for the help of versity program aimed at bringing we serve,” said Zions Bank pres- vendors — including existing economy. everyone involved.” more diverse businesses to its ident and CEO Scott Anderson. vendors like Salt Lake City-based “Promoting the inclusion of “We are delighted that Orgill supply chain, the bank said in a “This program levels the playing catering company LUX Catering these under-utilized entrepreneur- has elected to expand their op- release. The program helps iden- fi eld so more businesses can suc- & Events. Because LUX is more ial groups allows for new ideas erations in Hurricane City. They tify businesses as owned by peo- cessfully compete for Zions Bank than 51 percent owned and oper- and creates a unique business have been a great corporate part- ple in traditionally underrepresent- procurement opportunities.” ated by individuals who identify community fi lled with innovation ner in our community, providing ed groups — including minorities, Anderson said that to be in- as LGBTQIA, it qualifi es to par- and competition,” Sanchez said. quality jobs for our residents for women, LGBTQIA individuals, cluded in the program, business- ticipate in Zions’ supplier diversity “Corporate America can be a the past 15 years,” said Mayor veterans and people with disabil- es must complete an online reg- program. champion for equality and diver- Bramall of Hurricane. “We wel- ities — that may be able to offer istration and company profi le. LUX managing partner Chris sity when they demonstrate their come the opportunity to support products and services needed by Qualifying businesses are then Sanchez, who identifi es both as true commitment through not only Orgill in their expansion and the bank. added to a supplier database, gay and LatinX, says support for external practices but also inter- continued future success.” “Banking is a local business which is made available to supply supplier diversity is a benefi t not nal practices and policy,” Sanchez said. “It requires the full and trans- parent commitment of a company to be true to the community it be- HealthEquity buys commute management co. longs to.” UTAH’S BUSINESS JOURNAL HealthEquity Inc. of Draper vironment. They require the uni- HealthEquity and its subsid- To participate in the suppli- USPS # 891-300 has purchased Luum, a technol- fi ed system that puts their benefi t iaries administers health savings er diversity program, a business Published weekly by: ogy platform for employee com- policies into practice. In support of accounts (HSAs) and other con- must be at least 51 percent owned, Enterprise Newspaper Group mute management, compliance employee experience to real estate sumer-directed benefi ts for our operated and controlled by indi- 825 North 300 West Ste. NE220 and sustainability. HealthEquity asset optimization to workforce more than 12 million accounts in viduals in the following groups: Salt Lake City, Utah 84103 is one of the nation’s largest inde- racial/ethnic minorities, women, 801-533-0556 FAX 801-533-0684 equity to corporate sustainability, partnership with employers, bene- www.slenterprise.com pendent health savings account the Luum and HealthEquity com- fi ts advisors and health and retire- LGBTQIA individuals, veterans custodian companies. or people with disabilities. PUBLISHER & EDITOR bination is that solution.” ment plan providers. R. George Gregersen “This acquisition strength- PRESIDENT ens the HealthEquity commut- David G. Gregersen er offering, delivering a critical [email protected] toolset HR and facilities pro- VP/GENERAL SALES MANAGER THINGS WITH FEWER YEARS OF SERVICE THAN FABIAN VANCOTT: Dale Dimond fessionals need to implement [email protected] fl exible return-to-offi ce and MANAGING EDITOR hybrid-workplace strategies,” From Harold Fabian’s efforts founding Sugarhouse Park to standing John M. Rogers HealthEquity said in announc- up for local businesses in antitrust cases, we’ve been making Utah a [email protected] CONTROLLER ing the acquisition. “Combining better place for 100 years—or since inner-city intersections were more Richard Taylor technology and deep integrations [email protected] Wild West than wait-your-turn. with parking providers and IT in- OFFICE MANAGER tegrations into HR and Payroll Dionne Halverson fabianvancott.com [email protected] systems, employers can now of- CLASSIFIED DISPLAY fer safe, affordable commute al- [email protected] ternatives and fl exible remote- CIRCULATION work benefi ts.” Dionne Halverson “Luum’s enterprise com- [email protected] mute platform and connected LIST DEVELOPMENT [email protected] ecosystem of third-party mo- ADVERTISING INQUIRIES bility solutions enable employ- [email protected] ers to design benefi ts for every TO CONTACT NEWSROOM commute, or no commute at all,” [email protected] ART SUBMISSIONS said Sohier Hall, CEO of Luum. [email protected] “Adding Luum’s powerful plat- form to HealthEquity’s existing Subscription Rates: Online only, $65 per year commuter offering and reach, we Print only, $75 per year expect to help our clients offer Online and Print, $85 per year their workforce the most fl exible, Any opinions expressed by the columnists are not necessarily the opinions or policy of Enterprise, useful and sustainable way to get it’s owners or managers. Reproduction or use of to and from work. The timing contents without written consent of the publisher is prohibited. All rights reserved. of this acquisition could not be Traffic Signal © 2020 Enterprise Newspaper Group Inc. more perfect as employers across Garrett A. Morgan, 1923 Periodical postage paid at Salt Lake City, Utah the country gear up for a new POSTMASTER: Send address corrections to: P.O. Box 11778, Downtown Station commuting and work access en- Salt Lake City, Utah 84147 4 • March 15-21, 2021 • The Enterprise - Utah's Business Journal StorageCraft merging with Minn. company Square opens industrial bank Arcserve, a disaster recovery of our combined businesses will edge infrastructures, and next-gen- San Francisco-based Square Inc. has opened a Utah-chartered and data protection company in allow us to bring a dramatically eration cloud data centers. and FDIC-insured industrial bank in Salt Lake City. Square Finan- Eden Prairie, Minnesota, and Drap- broader portfolio of solutions to “Companies in every sector cial Services is the state’s 16th industrial bank. The new bank is a er data protection firm StorageCraft market,” said Douglas Brockett, are looking to modernize their in- wholly owned subsidiary of Square Inc., a publicly traded finan- have signed an agreement to merge president of StorageCraft. “At the frastructures amid unabated cy- cial services company best known for its smartphone and tablet their operations. same time, it expands the resourc- ber threats and global changes that credit card reading devices and applications. Square was founded Once completed, the merger es with which we can serve our have altered the way they must by Twitter CEO Jack Dorsey. of the “two highly complementa- customers and ensures we grow protect and manage data,” said On Sept. 17, 2017, Square submitted an application to the Utah ry companies will form the most hand in hand with our channel Tom Signorello, CEO of Arcserve. Department of Financial Institutions to establish the new bank. The comprehensive global provider of partners.” “This merger will place us at the application was materially amended in December 2018 and the data management and protection Arcserve and StorageCraft forefront of filling a massive mar- state commissioner of financial institutions granted conditional ap- solutions for organizations span- will continue to fully support ket gap by supporting all work- proval of the application in an order dated March 17, 2020. After ning from SMBs to the Fortune and invest in their existing solu- loads in every environment with satisfying all opening requirements, the department authorized the 500,” a statement from the new tions, the firm said. In addition, one ecosystem. No longer will bank to open for business effective earlier this month. Square Fi- company said. both companies will increase in- organizations require ad-hoc so- nancial Services is the second new industrial bank to open in Utah “The combination of Storage- vestments in research and devel- lutions that only add to the com- since 2008. Craft’s leadership in the small and opment and combined IP, which plexity they are trying to solve. We The bank will offer banking products and services, including medium-sized business and man- will strengthen both companies’ will be better placed than any other deposits, primarily to a nationwide market of small businesses, in- aged service provider market com- product portfolios, as a result of vendor to be ready as new work- cluding those who operate as merchants on Square’s payment pro- bined with Arcserve’s strength in the merger. Channel partners and loads arise and infrastructures cessing platform. the enterprise and [value-added re- end-users alike will see rapid in- evolve — providing certainty to- Utah industrial banks have total assets of $171 billion, a large seller] ecosystem, is game- chang- novation for continuous data avail- day and in the future.” portion of the $365 billion in assets held by all Utah-chartered ing for the data protection and ability across every platform and Following the merger, Stor- banks, credit unions and other depository institutions. recovery market,” said Matt Me- location. This will enable a seam- ageCraft will be branded as Stor- deiros, chairman and CEO of Stor- less evolution from current to next- ageCraft, an Arcserve Compa- ageCraft. generation infrastructures and data ny, and the merged company will “Following the completion workloads, including hyper-con- be led by Signorello as CEO and Cycle co. opens Utah HQ of the merger, the scope and scale verged, multi-cloud, containers, Brockett as president. Serial 1 Cycle Co., an electric Silicon Slopes,” said Jason Hunts- bicycle brand formed in partner- man, president of Serial 1. “Plus, ship with American motorcycle Utah is an incredible place to en- manufacturer Harley-Davidson joy the outdoors and we’re look- Inc., has established its west- ing forward to exploring the many ern United States headquarters in bike paths and bike lanes on our Lehi. The company’s main office, e-bicycles.” including its engineering depart- Serial 1 anticipates hiring at ment, will remain in Milwaukee. least 20 additional staff members Recent hires Brandon Proc- in sales, customer service, ecom- tor, vice president of sales and ser- merce and web development at vice, and Jon Ward, vice president the Utah office. of marketing, will be relocating to The company takes its name Salt Lake City to oversee the of- from “Serial Number One,” the fice. nickname for Harley-Davidson’s “We are inspired by the en- first motorcycle. The company ergy, growth and passion for en- will deliver its first bicycles later trepreneurship in the burgeoning this spring.

RoadSafe Traffic Systems acquires Innovative Marking Systems Inc. RoadSafe Traffic Systems current management team. Inc, a Chicago-based provider “We are excited to join the of traffic control and pavement RoadSafe family,” said Cheever. marking services, has acquired “By joining RoadSafe, we will Innovative Marking Systems continue to provide our custom- (IMA) of Bluffdale. Innovative is ers with excellent service while a supplier of roadway striping and investing in our resources and our removal, epoxy and waterborne team. RoadSafe’s focus on com- paint pavement marking, and sign pany culture, safety and customer installation services. service aligns well with our val- RoadSafe said he acquisi- ues and makes this a seamless tion of IMS will further estab- choice for IMS.” lish its position in the Mountain “The addition of IMS ex- West region and expansion into pands our service offerings while the Utah market. The transaction establishing our geographic pres- follows RoadSafe’s recent growth ence in attractive, high-growth re- in the Pacific Northwest and West gions,” said David Meirick, CEO Coast, which has become an in- of RoadSafe. “Under the lead- creasingly active region for the ership and direction of Paul and company as part of its western Mary Cheever, IMS has a strong U.S. strategy. reputation in the industry, and IMS founder and CEO Paul their level of service, combined Cheever will continue to lead the with their expertise, make them a Utah operation along with the strong fit for RoadSafe.” The Enterprise - Utah's Business Journal • March 15-21, 2021 • 5 6 • March 15-21, 2021 • The Enterprise - Utah's Business Journal Strike team investing over $250,000 in Utah coal country projects The Utah Coal Country said Geri Gamber, director of the ate a more well-rounded econo- ism. • Tourism Infrastructure Strike Team, an initiative to aid Southeastern Utah Association my moving forward.” • Coal Country Scholar- Improvements for the Green development in communities of Local Governments, which The team assesses its suc- ship. Provide scholarships for River. Assist with Green Riv- in the state’s coal country, has leads the strike team. “This ad- cess through a custom-built students at Utah State University er City’s tourism infrastructure announced a $251,185 invest- ditional funding from Schmidt model that measures income Eastern for training and re-train- project, including river access, ment in nine projects that sup- Futures will help us fulfi ll that gains in coal country compared ing in needed fi elds. interpretive signs, an ADA ac- port small businesses, affordable potential and invest in new op- to that of other coal communi- • Culinary Entrepreneur- cessible ramp and a watercraft housing, tourism infrastructure portunities for all Utahns living ties in the United States. Using ship Commercial Kitchen In- launch site. and student scholarships in Car- in the region.” a synthetic control approach, the cubator for Tourism. Remodel • Tourism Infrastructure bon and Emery counties. This The Strike Team, which was model compares actual income an existing kitchen at the Busi- Improvements for the Price new investment, which is lever- a fi nalist in 2019 national com- in Utah’s coal country on a quar- ness Technical & Assistance River. Support Helper City’s aged with an over four-to-one petition sponsored by Schmidt terly basis to the trend incomes Center to meet commercial stan- Price River restoration project to dards and serve as an incubator allow for additional tourism and match, will help diversify the Futures to raise incomes for in 150 benchmark coal commu- for local food entrepreneurs. a launching point to the city’s economy in Utah’s coal coun- America’s middle class, pursues nities. The model helps investors • Small Business Global center. try and help residents achieve a four-fold strategy that includes see whether their investments Marketing. Assist small busi- • Main Street Revital- a more economically stable fu- workforce training, housing re- achieve desired outcomes. nesses in the region to develop ization. Support the façade ture, the organizations said. The vitalization, tourism infrastruc- “Public universities like the new contribution brings the total new global markets and revenue improvement program on Main ture and economic development University of Utah embrace a amount invested by the locally service mission to help our states streams. Street to improve tourism incentives, Gamber said. The ef- led team to $1.3 million. prosper,” said Natalie Gochnour, • Business Outreach. Further infrastructure in Price City. fort serves as a national model Funding for the invest- director of the Kem C. Gardner digital infrastructure efforts by The investment in these for how a public university can ment comes from Schmidt Fu- Policy Institute. “We recognize the Carbon County Chamber of projects is matched by $1.14 organize a multi-disciplinary, da- tures, a philanthropic initiative the economic hardship faced Commerce to organize and unite million in secured matching ta-driven and mission-focused formed to benefi t societal out- right now by the very people and the local business community as grants from the Utah Gover- “strike team” to help coal-depen- comes through the development communities that helped build the economy diversifi es. nor’s Offi ce of Economic Devel- dent communities struggling in of emerging science and tech- the Utah economy. As public pol- • Ground-Up Housing Con- opment, Utah State University nologies. The Kem C. Gardner a dynamic energy environment icy leaders we share our exper- struction Program. Support Eastern, U.S. Department of Ag- Policy Institute at the University shifting away from fossil fuels. tise with a locally led effort, and the ground-up construction pro- riculture, U.S Economic Devel- of Utah is the research partner “Utah’s coal country is a lot in doing so, provide a national gram, which works with local opment Administration, Carbon of the Utah Coal Country Strike like the other 150 coal commu- example of how universities can contractors to provide land and County, Emery County, City of Team. nities scattered around the coun- serve.” materials to build new homes for Green River, Utah Department Utah Coal Country Strike try,” said Mike Kourianos, may- The new funding supports participants who contribute with of Wildlife Resources, Helper Team also announced that it has or of Price, the economic center nine projects and investments, sweat equity. City,and Price City. reached its goal to secure a 10 of Utah’s coal region. “We have a which are: percent increase in incomes for vision to diversify and invest in a • Silicon Slopes East Co- residents of the region. bright future for our children and Working Spaces. Support the “Despite the challenges we grandchildren. As we do so we creation of two coworking spac- CORPORATE face, Carbon and Emery coun- value partnerships like we have es, one in Carbon County and ties have signifi cant potential with Schmidt Futures and the one in Emery County, for remote FINANCIAL REPORTS for future economic success,” University of Utah to help us cre- workers and local entrepreneur- The following are recent fi - and executed successfully, includ- nancial reports as posted by se- ing this holiday season, identify- lected Utah corporations: ing and capitalizing on market op- portunities while at the same time Purple Innovation investing in future growth.” Purple Innovation Inc., based Megibow said the company in Lehi, reported a net loss of $2.1 has doubled its share of the U.S. premium mattress market over the Civil Engineering million, or 3 cents per share, for the fourth quarter ended Dec. 31. past two years. “Fiscal 2021 is off to a solid  That compares with a loss of $12.7 Structural Engineering million, or 29 cents per share, for start and we believe we are well- Missing a Piece? the same quarter a year earlier. positioned to build on our recent Laser Scanning & Land Revenue in the most recent accomplishments and intend to Surveying quarter totaled $173.9 million, up continue investing in capacity ex- We Have You Covered from $124.3 million in the year- pansion, innovation and company Paving & Roofing Consulting earlier quarter. showrooms to further expand our For the full year 2020, the market share for years to come.” Landscape Architecture company reported net income of $10.9 million, or 8 cents per share, Clarus which compares with a net loss Clarus Corp., based in Salt of $12.4 million, or 40 cents per Lake City, reported net income of share, for 2019. $7.1 million, or 22 cents per share, Revenue in 2020 totaled for the fourth quarter ended Dec. $648.5 million, up from $428.4 31. That compares with $12.4 mil- million in 2019. lion, or 40 cents per share, for the Purple designs and manufac- same quarter a year earlier. tures comfort products, includ- Sales in the fourth quarter to- ing mattresses, pillows, cushions, taled $75.9 million, up from $61 frames and sheets. million in the year-earlier quarter. “We concluded an amaz- For the full year 2020, the ing year of profi table growth for company reported net income of Purple with a strong fourth-quar- $5.5 million, or 18 cents per share, Follow Us On: ter performance,” Joe Megibow, which compares with $19 million, 801-255-7700 CEO, said in announcing the re- www.mcneilengineering.com sults. “Despite the many challeng- es in 2020, our teams leaned-in see EARNINGS page 10 The Enterprise - Utah's Business Journal • March 15-21, 2021 • 7 Innovate Utah NEW IDEAS, PRODUCTS AND SERVICES FROM UTAH COMPANIES

moment’ when you see a treasured family photo The solution allows consumers to easily allow data come to life with Deep Nostalgia,” said Gilad access so lenders can verify assets, income and Japhet, founder and CEO of MyHeritage. “Seeing employment in a single interaction with borrowers our beloved ancestors’ faces come to life in a that takes minutes instead of days, the company video simu- said. The verification is accepted by both Freddie lation lets Mac and Fannie Mae in place of manual loan us imagine documenta- how they tion. “We are might have streamlining been in reality and provides a profound new way mortgage lend- of connecting to our family history.” ing significantly, reducing costs and shortening the time needed for Provo-based Qualtrics, a provider of software for the overall loan origination process,” said Finicity the way businesses deal with customers, employ- CEO and co-founder Steve Smith. “With Finicity ees, products and brands, has introduced Health Lend, our ultimate goals are to help mitigate risk Connect, an automated integration connecting for lenders, create an improved consumer expe- KT Tape, an American Fork company that manu- electronic medical record (EMR) systems directly rience and ultimately increase overall financial factures drug-free pain relief products, has released to the Qualtrics XM Platform. EMR systems like inclusion by helping borrowers better prove their a wearable electromagnetic product to treat muscu- Epic, Cerner and others can now integrate into creditworthiness.” loskeletal pain. The battery-powered KT Recovery+ the Qualtrics system to help healthcare organiza- Wave (KT Wave) has been clinically proven and has tions improve the patient experience. The product Ivanti Wavelink, the supply chain business received FDA approval to deliver electromagnetic gives healthcare providers an easy way to reach unit of Lehi-based internet security and IT asset technology traditionally found only at a clinician’s out to patients and deliver more personalized care management company Ivanti, has introduced Ivanti Wavelink Velocity Solutions Directory. offi ce. at scale, The new directory enables device manufacturers KT Tape said the new device brings relief to Qualtrics said. offering solutions for the supply chain and ware- those who suffer from sports injuries, knee pain, ar- housing industries to now rapidly validate their thritis, back pain, carpal tunnel, sprains and other af- “Greater interop- solutions for the Ivanti Wavelink Velocity platform. fl ictions of muscles and joints. It uses sensation-free erability It also provides a centralized portal where Ivanti electromagnetic pulses, known clinically as pulsed between experience data and EMR operational Wavelink solution partners and customers can shortwave ther- data will empower clinicians to deliver personal- gain access to information on validated devices. apy (PSWT), ized and compassionate care to every patient,” “Ivanti Wavelink is to reduce nerve said Patty Riskind, Qualtrics’ head of global proud to be the first hypersensitiv- healthcare. “With Health Connect, healthcare pro- to offer this type of ity and relieve viders can customize and personalize outreach solutions directory pain. Utilizing technology 17 years in the making, to patients, gaining unique and relevant insights to our partners and KT Wave is a miniaturized, non-prescription product about individual care experiences.” customers,” said Brandon Black, vice president that makes PSWT portable and affordable, KT Tape and general manager of Ivanti Wavelink. “This is a competitive advantage we extend to device said. Cardagraph, a Lehi provider of products for manufacturers that accelerates engagement and The device itself is a lightweight, discreet, fl ex- the business productivity analytics market, has announced that its new SaaS platform has improves their time-to-revenue by eliminating what ible loop that uses adhesive tabs to attach it to the is typically a lengthy validation process.” affected area. Its pulsing non-thermal, low-energy emerged from two years of development and electromagnetic signals are sensation-free. KT Wave beta customer use. The Cardagraph Platform bridges the data visibility gap plaguing business Lehi’s Podium, a customer messaging platform, has a suggested retail price $34.99 and a guaranteed has added Podium Campaigns to its existing leaders, especially those in operations, product, battery life of 250 hours. suite of interaction management tools, allowing financial and marketing roles, the company said. “Reversal of nerve hypersensitivity requires a local businesses to launch short message service Cardagraph (SMS) text message marketing campaigns directly sustained stimulus over days or weeks and so an ef- solves this from the Podium platform. SMS averages 4.5 fective intervention must be convenient to use, low- problem by times the rate of email and Podium Campaigns cost and not interfere with activities of daily liv- connect- enables easy creation, management and reporting ing,” said bioelectromagnetics researcher Dr. Ken ing to the of campaigns in line with a business’ messaging McLeod. “KT Wave meets all of these requirements data systems used by teams, such as Salesforce, and so provides an optimal approach to chronic pain strategy. “Creating a tailor-made solution for local Slack, Google, Hubspot, Workfront, Jira and oth- businesses to market to their customers via text prevention.” ers. “For business leaders who are being asked to has been one of the biggest requests we have had drive growth and manage teams better, our plat- from our customers Lehi-based online genealogy service MyHeritage form is a dream come true,” said Bentley Wilson, for years and was the has released Deep Nostalgia, a new feature co-founder and CEO of Cardagraph. “The oppor- next logical step in the on its family history website that animates faces tunity to solve big problems for business leaders expansion of Podium’s in still photos. The feature produces a realistic is what’s driving our teams and our focus. It’s all platform,” said Eric depiction of how a person could have moved and about making our customers’ lives better.” Rea, co-founder and looked if captured on video. The application pro- CEO at Podium. duces a video animation of a face that can smile, Murray-based Finicity, a provider of software for “We’re excited to roll blink and move. MyHeritage now offers a suite of the financial sector, has launched its one-touch out this feature to further enable local businesses features for colorizing, restoring, enhancing and mortgage verification service, Finicity Lend, to better serve their customers via channels they

animating historical photos. “You’ll have a ‘wow which simplifies the mortgage origination process. already use.”

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E MABR.COM V I 2011 • N N 2021 A YEAR 801.297.1851 PROTECTING YOUR IDEAS AND YOUR BUSINESS. 8 • March 15-21, 2021 • The Enterprise - Utah's Business Journal Industry Briefs Industry Briefs are provided as CONTESTS nities and cost of living, accord- global co-head of the firm’s 11 Red Hanger locations distrib- a free service to our readers. • Gabb Wireless, Lehi, ing to a study by TheSeniorList. Securities Division and as a mem- uted 59,000 Scouting for Food Company news information may has announced the “Gabb com. It analyzed data from the ber of Goldman’s management bags in communities throughout be sent to brice@slenterprise. Bureau of Labor Statistics, Census committee; serving as CEO and the state. Bank of Utah branches, com. The submission deadline is Ambassador Search,” a con- one week before publication. test open to youngsters age 15 or Bureau and Zillow Rent Index. co-founder of Kiodex; and serving Red Hanger Cleaners and local younger who live in the United The rankings were determined as chief technology officer and pantries and food banks served ARTS/ENTERTAINMENT States. The winner will receive by comparing each state across co-founder of Quorum Software as donation sites throughout the • Construction has begun on a $10,000, a billboard in their home- nine categories and scoring them. Systems. He also has served as food drive, and more than 50 local major renovation of the Larry H. town, and a year-long contract as Massachusetts was the highest- a senior advisor at Sixth Street Smith’s Food & Drug stores and Miller Megaplex Theatres loca- a Gabb ambassador. Details are at ranked best state. Oklahoma was Partners and as a board member a few rural grocers allowed local tion at The Gateway in Salt Lake gabblife.com. The contest is the ranked last. for Paige, Banco Santander SA Scouts to collect donations from City. The project is a joint ven- finale in a series of six contests • Salt Lake City is ranked No. and Sema4. shoppers on Scouting for Food ture between the Larry H. Miller over six months leading up to the 5 among “Best Cities for Electric Day on Feb. 6. Group of Companies and Vestar, discovery of the next ambassador. Car Owners,” a list compiled INVESTMENTS • Mountain America Credit owners of The Gateway. The reno- by LawnStarter. It compared the • TaxBit, a Salt Lake City- Union, Sandy, has donated nearly vated theaters complex will fea- ECONOMIC 200 largest U.S. cities across 11 based cryptocurrency tax and $30,000 to location charities in ture heated luxury recliners, in- INDICATORS key factors, including the num- accounting automation software connection with its college bas- seat dining, premium snack and • Utah is the top state in the ber of state electric vehicle laws company, has raised $100 million ketball three-point shot programs. beverage service, elegant décor, nation for remote-job growth by and incentives, average insur- in a Series A funding round led It donated $50 to a local charity private meeting and event space, 2028, according to CareerCloud. ance premium and the number by Paradigm and Tiger Global, for every successful three-point state-of-the-art technology and It used the most recent data from of charging stations per capita. with additional participation from shot made by Brigham Young more. It will occupy the same gen- the Bureau of Labor Statistics and Salt Lake City was ranked No. 2 PayPal Ventures; Coinbase University, Idaho State University eral area as the original Megaplex the Census Bureau. The rankings for infrastructure and No. 3 for Ventures; Winklevoss Capital; and Boise State University during location that dates back to 2001. were determined by analyzing most electric vehicle charging sta- investor Bill Ackman; Ryan the 2020-21 men’s college basket- three metrics in each state: remote tions per 100,000 residents. Irvine, Smith, Qualtrics co-founder and ball season. BYU’s recipient char- ASSOCIATIONS job opportunities, projected California, topped the overall list. chairman; Anthony Pompliano; ity is the American Red Cross, growth rates in these jobs through • Eddie Canaday has Midland, Texas, was bottom- Michael Vaughan, former Venmo which received $11,500. 2028, and broadband access. Utah been appointed to serve on the ranked. Details are at https://www. COO; Galaxy Digital; Valar topped the overall rankings. Utah International Gay & Lesbian lawnstarter.com/blog/studies/best- Ventures; Collaborative; Global remote-job growth through 2028 Travel Association Foundation’s cities-to-own-an-electric-car/. Founders Capital; Album is projected at 41.7 percent. Next- • Utah is ranked sixth-best Ventures; TTV Capital; Original board executive committee. highest is Colorado at 30.8 per- Canaday is Visit Salt Lake’s overall and Salt Lake City is Capital and more. cent. The lowest projection is for ranked No. 2 among larger cit- • Traverse, Mercato Partners’ Everything for the director of convention sales in Mississippi at 2.2 percent. Remote its Washington, D.C., office and ies in a study of “Places with growth equity fund, has announced work in the U.S. grew by 30 the Best and Worst Nursing a $20 million investment as part of Contractors diversity market development percent in the past decade. It is Homes in America,” compiled an $80 million Series E round for director. The association works to projected to grow by 16 percent by by DNP Program Studies. It ana- Beam Dental, a dental insurer We rent the best advance LGBTQ+ travel by pro- 2028. Details are at https://www. lyzed Google and Yelp reviews of based in Ohio. Also participating viding information and resourc- careercloud.com/news/best-states- more than 10,000 facilities nation- in the round were Drive Capital, es for LGBTQ+ travelers and for-remote-jobs. 4343 Century Drive wide. Vermont led the state rank- Georgian, Nationwide Ventures, expand LGBTQ+ tourism globally • Utah is the No. 6-worst Salt Lake City, UT 84123 by demonstrating its significant state for nurses and aides when ings. Nevada was bottom-ranked. Ainge Advisors and Breakout social and economic impact. factoring in wages, job opportu- Arlington Heights, Illinois, led the Capital. Beam plans to use the larger-cities rankings. Details are proceeds from the round to extend 801- 262-5761 at https://www.dnpprogram stud- its distribution system as well as www.centuryeq.com HONNEN ies.com/news/the-places-with-the- the continued expansion of its EQUIPMENT best-and-worst-nursing-homes-in- technology platform and product america/. offering. • KetoNatural Pet Foods, HONNEN.COM HEALTHCARE a Salt Lake City-based pet food • Recursion, a Salt Lake startup, has closed a $2 million City-based digital biology compa- seed financing transaction led by ny industrializing drug discovery, Chicago-based fund Corazon REAL ESTATE has announced the appointment of Capital. KetoNatural makes • KBS, an investor in com- R. Martin Chavez as chairman Ketona, hailed as a first-of-its- mercial real estate, recently signed of its board of directors. Chavez, kind dry pet food with the low car- 102,928 square feet in leases at its who joined Recursion’s board in bohydrate and high protein con- Millrock Park, a four-building, 2020, will serve as the compa- tent previously only found in raw Class-A office plaza in Holladay. ny’s first independent chairman. or fresh pet food products. The $2 The transactions included five In this role, he million will be used for marketing, new leases and two renewals will oversee expanding the product line, grow- with expansions. The five new the organiza- ing the team and investing in new companies to sign leases include tion’s goals scientific work. Dyno Nobel, involved in com- with regard to mercial explosives, and WSP investor rela- PHILANTHROPY USA, a global engineering pro- tions and apply • Utah’s 35th annual “Scouting fessional-services firm. Other new his career- for Food” Drive resulted in dona- tenants at the property include Martin Chavez long innova- tions of an estimated 142,000 Kensington Capital, Insperity * tion expertise pounds of food at donation drop- and Banyan Venture Partners. to support Recursion’s mission off sites across the state. Four Clene Nanomedicine, a pharma- 0% for 48 to decode biology and radically hundred BSA Cub Scout Packs, ceutical company, and Buckner NO PAYMENTS FOR 90 DAYS* ON ALL COMPACT EQUIPMENT improve lives. His experience Scouts BSA troops and Venturing Insurance Services also recently includes serving in a variety of Crews across Utah, 40 commu- renewed and expanded their leases senior roles at Goldman Sachs, nity food pantries and food banks, at Millrock Park. Jordan Wall, SALES - RENTALS - PARTS - SERVICE including chief information offi- 35 Arctic Circle Restaurants, cer, chief financial officer and 18 Bank of Utah locations and see BRIEFS next page The Enterprise - Utah's Business Journal • March 15-21, 2021 • 9 Industry Briefs

from previous page lending products approached Pocket Garden (Hillcrest High technology programs. Details chief financial officer. Prior to $900 million. These figures only School), Polaris Printing (Park are at https://vschool.io/schol- joining MX, Dotter was the vice senior executive vice president represent the traditional loan City), Ringo Leveling the arships/tech-moms/?utm_ president of finance and operations of Colliers International, repre- programs and do not include the Testing Field (West), The Orca campaign=wit&utm_ at XANT, formerly InsideSales. sented KBS in the leases. PPP or EIDL lending program (West Jordan High School), and source=email. com; and president and founder results. Recipients of the SBA Voltage Electric Kart Systems of Provinti. Kinnion will oversee RECOGNITIONS Utah District Office FY 2020 (Park City). TECHNOLOGY/ the company’s finance organiza- • Peak Awards were recent- Lender Recognition Awards • My College Laptop, a LIFE SCIENCES tion, including investor relations, • Code Corp., a Salt Lake financial planning and analysis, ly presented by Riverton City are Zions Bank, Top 7(a) Lender Lehi-based education resource City-based company focused on accounting, compensation and and the South Valley Chamber by Number of Approvals and website that advocates for tech- barcode scanning and data cap- deal desk. Kinion has more than to recognize outstanding busi- Top 7(a) Rural Lender; America nologyBEST immersion KEPT in college, ture technologies, has promoted 30 years of experience, includ- nesses and individuals for their First Credit Union, Top 7(a) has compiled a list of commu- Jessica Johnson to director of ing taking four companies public success in business and con- Lender by Dollars Approved and nity SECRETcolleges that are IN aggres- manufacturing. Johnson has been and leading financial departments tributions to the community. Top National 7(a) Credit Union sively addressing the technology UTAH. with the com- at private and public companies, Earning Riverton Peak Awards Lender by Dollars Approved gap for their students. The list Wire rope is where we pany for 10 including Upwork, Marketo and for business were Chamber – Nationally; Mountain West is at mycollegelaptop.com/ and started. years, starting SuccessFactors. Ambassador of the Year, David Small Business Finance, Top includes Houston Community as an intern and Khwaja, owner of First Touch 504 Lender, Top Lender to OCollege,ne of theClovis largest Community shops steadily work- TRANSPORTATION Consulting; Business Man of the Minority-Owned Businesses and Collegein the Intermountainin California, ing her way up • The Utah Transit Year, Monte B. Peterson, presi- Top Lender to Women-Owned ShorelineWest. CommunitySlings made College to greater levels Authority (UTA) recently cel- Businesses; Celtic Bank, Top into Washington,your specifications. Mount San dent and chairman of Peterson’s of leadership ebrated the completion of the first Fresh Market; Business Woman 10 National 7(a) Lender – Antonio College in California, Our staff has over 60 Jessica Johnson and respon- phase of construction on its new Nationally; Mountain America Western Iowa Tech Community of the Year, Leslie Mulford- years of experience. sibility. She bus operations, maintenance and Credit Union, Top 504 Third College, Montgomery College in Reiser, owner of Elite Academy; earned a Bachelor of Science in administration facility, known as Party Lender and Top National Maryland, Portland Community and Business of the Year, Salsa mechanical engineering in 2013 the Depot District Clean Fuels 7(a) Credit Union Lender by College in Oregon, Los Angeles Leedos Mexican Grill. City from the University of Utah. Technology Center (DDCFTC). Number of Loans Approved – Community College District, awards include Outstanding • Pluralsight Inc., a Draper- Once the project is complete, the Nationally; Central Bank, Top Everett Community College City Employee Award, Todd based technology workforce facility will have the capacity Community Lender Based on in Washington, and Harrisburg Stewart, facilities maintenance development company, has pro- to store, operate, maintain and Number of 7(a) Loans Approved; Area Community College in manager, Riverton City; Mayor’s moted Lindsay Bayuk to chief service its current fleet of com- Rock Canyon Bank, Pennsylvania. Service Award, Linda Abel, and Top marketing officer. Bayuk has pressed natural gas and electric chair, Riverton City Historic Community Lender Based on been with the vehicles with room for future Preservation Commission; and 7(a) Dollars Approved. company since expansion. Global architecture Excellence in Public Safety • The top 20 teams have We carry more than 2016, serving and design firm Stantec is pro- Award, Chief Wade Watkins, been named in the 2021 High heavy construction as the compa- viding project management, plan- Unified Fire Authority. Sandy School Utah Entrepreneur ny’s first vice ning, architecture, interior design, Peak Awards included South Challenge, a competition hosted equipment. president of lighting design and sustainability Valley Chamber Sandy by the Lassonde Entrepreneur Light equipment in product mar- design on the $95 million project. Ambassador of the Year, Pro Institute, a division of the David keting and During Phase I, the project team Syaysith, BBSI; Business Eccles School of Business at the stock. Mixers, saws, Lindsay Bayuk later expand- delivered the new wash building, Person of the Year, Tom University of Utah, and spon- pumps, generators, ed to include a parking lot for employees and Steele and Stephanie Carter; sored by Zions Bank. Teams jumping jacks, and all brand and content market- visitors, satellite fueling facilities Developer of the Year, Synergy from high schools across the ing, social, integrated marketing, for UTA’s non-revenue vehicle Development; Innovative state are competing for $25,000 much more. analyst relations and customer fleet, and diesel fueling for transit Company of the Year, Vascular in cash and scholarships. More advocacy. She later served as buses. Phase II of construction Access Devices BD Medical; than 130 teams applied. Each interim CMO. Prior to joining recently started and will com- Public Private Partnership team faced the challenge of Pluralsight, she was a product plete the project, with 132,892 Award, Costco Wholesale identifying a problem and pro- marketing and product manage- square feet of new administra- Sandy No. 487; Business posing a creative solution. The ment leader at several SaaS start- tion, operations and maintenance of the Year, Slackwater; next step is online voting, which ups. facilities, and canopied parking Community Service Award, is open to the public through • MX, a Lehi-based con- for 135 buses. Phase II is expect- Children and the Earth Inc.; March 26. The 20 finalists will RETAIL nectivity and data enhancement ed to be complete in the spring of Residents’ Choice Award, The give a virtual presentation to • Reliable Auto Sales, 410 company serving financial insti- 2023. The project is replacing a Honeysuckle Coffee Co.; and judges March 27. The final- W. 2100 S., Suite 9, Salt Lake tutions and fintechs, has named 45-year-old facility. Mayor’s Excellence Award, ist teams are Acti-Vest (Juan City, has become a U-Haul James Dotter as the company’s • Keystone Aviation, Salt Rush Cycle Sandy. Diego Catholic High School), neighborhood dealer. It will first chief business officer and Lake City, has again secured • The U.S. Small Business Alteration Annie’s (West offer services like U-Haul hired Brian its designation of Wyvern Administration’s Utah District High School), Bayern Auto trucks, moving supplies and in- Kinion as Wingman Certified Operator Office has named the leading (American Fork High School), store pickup for boxes. chief financial following an audit conducted lenders who assist small-busi- Branch Bomb (Woods Cross officer. Dotter by Wyvern in November. The ness owners in securing the capi- High School), Busy Bee Box SCHOLARSHIPS will oversee Wyvern Wingman Standard, the tal they need through SBA’s tra- (Woods Cross), ConnecTeen • Applications are being the company’s first air charter audit standard ditional loan programs. SBA data (Waterford School), Eggshell accepted through April 30 for strategic initia- in the aviation industry, pro- shows that the lending communi- Remover (Springville High tives and drive vides a safety benchmark that two full-tuition-paid Women James Dotter ty in Utah approved almost 1,100 School), Floura (Taylorsville in Tech Scholarships to help interdepartmen- allows air charter customers to traditional SBA loans. Certified High School), FoodFinds (Park women launch careers in tal alignment, assess performance expectations development companies made a City High School), Ivy Health the tech industry, to be pre- along with cor- against recognized industry best record number of 504 loans in (American Fork), Jesperson Inc. sented by V School, in part- porate devel- operating practices before pur- terms of dollars in fiscal year (American Fork), Lazorback nership with RizeNext Tech- opment, legal chasing air charter services. This 2020, providing over $205 mil- (Blue Peak High School), Moms. The first scholarship is and business is Keystone’s 18th consecutive lion in debentures and total Lending Lions (Rowland Hall- available for V School’s web operations. For time to attain the designation. projects representing over $520 St. Mark’s), LitFit (West), development or UX/UI design the past seven Keystone Aviation provides pri- million. Overall, the economic Mighty Mist (Academy for online programs. The second years, Dotter vate jet charter, aircraft manage- Brian Kinion impact through traditional SBA Math, Engineering and Science), scholarship is for TechMoms. has served as ment and aviation maintenance. 10 • March 15-21, 2021 • The Enterprise - Utah's Business Journal Succeeding in Your Business How to destroy a thriving medical practice “I am a young (mid-30s) phy- terminated my relationship with otherwise smooth the transition practicing lawyer with zero expe- that rarely lasted for more than a sician who has just completed his my personal care physician after process. rience in managing a medical few seconds but generated more residency and wants to buy a sub- almost 15 years. I had been a There Was No Commun- practice — as the practice’s office than $100 each for the practice. urban general medicine patient of the physi- ication with the Patients. The manager and hired only part-time If a patient refused the calls, he (internist) practice. cian whose practice he seller’s longtime patients were nursing and office staff. Employee or she was required to visit the “I have been a fan acquired 15 years ago never notified of their doctor’s turnover soared, to the point where practice at least once a month or of your YouTube videos and I stayed with the retirement and became aware of it patients never saw the same nurse else the doctor wouldn’t approve for years and wonder practice despite a very only when they called to schedule or physician’s assistant more than prescription renewals. The doc- if you have any advice rocky transition in which an appointment and a total strang- once. tor’s bills to Medicare frequently for me — not so much I understand almost 50 er answered the phone. There was He Made Lifestyle Changes included services the patients on how to buy the prac- CLIFF percent of patients went no letter from the retiring doctor the Practice Couldn’t Keep Up didn’t recall receiving during their tice but how to keep the ENNICO elsewhere within a year. announcing the sale and encour- With. Shortly after buying the office visits. patients on board after I Here are some aging patients to stay with the new practice, he bought a $2 million He Ignored His Reviews do.” of the things he did doctor. house in a wealthy neighborhood on Social Media. Patients com- First of all, let me congratu- wrong which you should avoid: He Changed Too Much, Too and proceeded to have three chil- plained, even to the point of ques- late you on making the difficult He Didn’t Have a Good Fast. He fired the seller’s office dren in almost as many years. tioning whether the doctor was decision to become an internist; Attorney Representing Him. He staff and moved the practice from But that’s not all. After set- engaged in Medicare/Medicaid far too many young doctors are bought the practice without the a convenient ground-floor loca- tling into the practice, he began fraud, but the doctor never seduced by the siren call (and assistance of an attorney experi- tion (preferred by senior citizens) doing things that at first were responded. He ended up with the higher income) of specialty prac- enced in business sales. By con- to a cramped office on the fifth merely irritating but ultimately lowest ratings on social media of tices, to the point where in many ceding too quickly to the seller’s floor of a nearby building with cost him many more patients. any doctor in the county. parts of the country, there is a demand for an “all-cash” deal, he only one creaky elevator. He Withdrew into An Don’t get me wrong: I under- shortage of general practitioners. left the seller without any incen- He Made His Spouse His Ivory Tower and Became stand completely that a medical This is an extremely time- tive to stick around, introduce Office Manager. To save money, Unresponsive. His voice message practice is a business and that ly message for me: I recently patients to the new doctor and he appointed his wife — a non- discouraged patients from calling physicians should be entitled to after hours, saying that if they had a decent living after the grueling an emergency, they should call apprenticeship they go through. 911. There was no answering ser- But always remember that most vice or other means of contacting patients still see you as a profes- the doctor directly after noon two sional, not an entrepreneur. They days a week or during the staff’s expect you to care about them as daily lunch break. If a patient went human beings and to make deci- into the hospital, the doctor never sions based on what you think is visited on his rounds and did not medically right for them. This is call to ask how the patient was especially true of older people, doing. who account for most of a typical When the COVID-19 pan- medical practice’s revenue. demic hit, instead of sending This doctor is highly compe- out information bulletins to his tent and (when you finally get to Managed I.T. patients with advice and reassur- see him) has a good bedside man- ance, he changed his voice mes- ner. But by sending his patients sage to say, “If you suspect you strong signals that he cares more Services have COVID-19, please don’t about his practice’s revenue than visit the office.” his patients’ well-being (inten- He Went into an Unrelated tionally or not), he continues to Specialty That Ate Into His struggle after 15 years by driving On-Site Technical Support Along Utah's Wasatch Google Workspace Practice Time. He began offering patients away. Including — finally Front, Southern Utah, Mesquite and Boise. Botox treatments and marketed — me. VoIP them aggressively as a higher- Remote Technical Support Across margin service. Cliff Ennico ([email protected]) the United States and Beyond. O site Backups He Performed Unnecessary is a syndicated columnist, author and former host of the PBS televi- Services to Maximize Medicare sion series “Money Hunt.” Desktop Support Cyber Security Reimbursement. When a patient turned 65, the doctor insisted on COPYRIGHT 2021 CLIFFORD R. ENNICO Server Support Strategic Consulting making monthly “wellness” calls DISTRIBUTED BY CREATORS.COM

Network Maintenance One-Stop I.T. Support EARNINGS the strength of our brand portfo- lio and the resilience of our ‘su- Cloud Computing from page 6 per-fan’ brand strategy,” John Walbrecht, president, said in an- Microsoft 365 or 61 cents per share, for 2019. nouncing the results. Sales in 2020 totaled $224 “The strong year-over-year million, down from $229.4 mil- sales growth we generated dur- lion in 2019. ing the fourth quarter of 2020 Clarus develops, manufac- outperformed our previously tures and distributes outdoor stated outlook and drove an even equipment and lifestyle products more robust improvement in our focused on the climb, ski, moun- fourth-quarter adjusted EBITDA tain and sport markets. Its brands (earnings before interest, taxes, include Black Diamond, Sierra, depreciation and amortization). Barnes, PIEPS and SKINourish- This performance in a dynamic ment. retail environment is a testament Contact Wasatch I.T. Today “Our momentum from the to the hard work of our team and 801-983-3671 [email protected] third quarter carried through to our commitment to our strategic the end of the year, demonstrating priorities.” The Enterprise - Utah's Business Journal • March 15-21, 2021 • 11 Calendar

Calendar listings are provided SLCC’s Westpointe Campus, 1060 Luncheon, a Davis Chamber March 17, 9-10 a.m. March 18, 7:45-9:15 a.m. as a free service to our read- N. Flyer Way, Salt Lake City. of Commerce event. Location “How to Protect and Grow “Coffee and Connections,” ers. Information about upcoming Virtual participation is available. is Boondocks Fun Center, 525 the Value of Your Business a Murray Area Chamber of events may be sent to brice@ Cost is $250. Details are at http:// Deseret Drive, Kaysville. Cost is During a Pandemic,” a Women’s slenterprise.com. The submission Commerce event that takes place www.slcc.edu/workforce/courses/ $12 with lunch. Details are at deadline is one week before pub- Business Center of Utah event the first Thursday of each month lication. NOTE: Because of con- index.aspx. davischamberofcommerce.com. that takes place online (available at Kings Peak Coffee Roasters and cerns with the coronavirus, events statewide). Free. Details are at the third Thursday of each month listed here may be postponed or March 16, 9-10 a.m. March 16, noon-1 p.m. wbcutah.org. online via Zoom. Details are at canceled. Check with organizers to “Pitching Investors Like “Can You Build a Better murraychamber.org. determine if individual events are a Pro,” a “Bagels & Business” Utah? Addressing Utah’s March 17, 10 a.m.-noon taking place. event presented by The Mill at Housing Crisis,” part of the “China’s Geopolitical Ambi- March 18, 8 a.m.-5 p.m. SLCC (Salt Lake Community “Ethics Week” series presented tions & What It Means for the “Intermediate Excel,” a March 15, 10-11 a.m. College). Event features informa- by the Hinkley Institute at the United States,” part of the “China Salt Lake Community College “Monday Mashup with tion about how to approach inves- University of Utah, in partnership Paradox” series presented by Employee Development Work- Amber,” a Women’s Business tors in the most effective way, how with the Kem C. Gardner Policy World Trade Center Utah, the Orrin shop focusing on organizing, Center of Utah open discussion to understand the most important Institute and the David Eccles G. Hatch Foundation and the U.S.- formatting and calculating data event taking place each Monday. elements of a pitch, and how to School of Business’ Daniels China Business Council. Other Moderator is Amber Murray, using Microsoft Excel software. craft a pitch deck. Presenter is Tim Fund Ethics Initiative. Speakers sessions are “China’s Economic & This course builds upon “Intro WBCUtah business advisor and Cooley, vice president of product are Ivis Garcia Zambrana, assis- Trade Policy and What It Means owner of See Your Strength. Event to Excel” concepts. Location is and investor relations at ViaCap tant professor, University of Utah for U.S. Businesses,” March SLCC’s Miller Campus, 9750 takes place online via Zoom. and general manager at Park City City and Metropolitan Planning 24, 10-11 a.m.; and “Actionable S. 300 W., Sandy. Cost is $249. Details are at wbcutah.org. Angels. In-person location is Salt Department; Beth Martial, 211 Advice on What U.S. Businesses Virtual participation is available. Lake Community College’s Miller managing director, United Way Should Do About China,” April Details are at http://www.slcc.edu/ March 15, noon-1 p.m. Campus, Corporate Partnership of Salt Lake; Michael Parker, vice 7, 10-11 a.m. Free. Details and workforce/courses/index.aspx. “The Ethics of Employment: Center, Building 5, third floor, president of public affairs, market- registration are available at https:// COVID-19 and Utah’s Work- 9690 S. 300 W., Sandy, with reg- ing and senior economist, Ivory wtcutah.formstack.com/forms/ March 18, 10-11 a.m. force,” part of the “Ethics Week” istration through constantcontact. Homes; Jim Wood, Ivory Boyer china_paradox. Summit Speaker Series, an series presented by the Hinkley com. Event also is available online Senior Fellow, Kem C. Gardner extension of the Utah Outdoor Institute at the University of at https://www.youtube.com/ Policy Institute; and Dejan Eskic March 17, noon-1 p.m. Utah, in partnership with the watch?v=y1BCDQkbXao. (moderator) senior research fel- Recreation Summit and pre- “The Moral Imperatives sented by the Utah Office of Kem C. Gardner Policy Institute low, Kem C. Gardner Policy of Health: Creating Equitable and the David Eccles School of Institute. Event takes place online. Outdoor Recreation, in partner- March 16, 10 a.m. Healthcare in Utah,” part of the ship with Snowsports Industries Business’ Daniels Fund Ethics “Performance Management,” Details are at https://gardner.utah. “Ethics Week” series presented America (SIA), the Economic Initiative. Speakers are Silvia part of the 2021 Employers Council edu/events/. by the Hinkley Institute at the Development Corporation of Utah Castro, executive director, Suazo and Paylocity Online Training University of Utah, in partner- (EDCUtah) and the Utah Outdoor Business Center; Theresa Foxley, Series. Free. Details are at http:// March 16, noon ship with the Kem C. Gardner Association (UOA). Session president and CEO, the Economic info.employerscouncil.org/2021- “Building Women Up” Vir- Policy Institute and the David is titled “The Outdoors, Mental Development Corporation of Utah; paylocity-webinar-series. tual Women’s Conference Series Eccles School of Business’ Health & Suicide Prevention.” Peter Philips, professor and labor presented by V School, Silicon Daniels Fund Ethics Initiative. Panelists are BreeAnn Silcox, sui- economist, University of Utah March 16, 11 a.m.-1 p.m. Slopes and Tech-Moms. Speaker Speakers are Dulce Díez, direc- cide prevention coordinator Economics Department; Heidi Business Women’s Forum Trina Limpert, CEO and founder, tor, Utah Department of Health’s Walker, chief operating officer, 2021. Kristen Edwards, executive RizeNext, will discuss “Women in Office of Health Disparities; at the Salt Lake County Health Salt Lake Chamber; and Natalie director of Better Days 2020, will the Tech Industry.” Details are at Lisa Nichols, AVP of community Department (moderator); Kristy Gochnour (moderator), director of discuss “She Started It For All of https://vschool.io/blog/building- health, Intermountain Healthcare; Jones, senior consultant for the Gardner Institute. Event takes Us: Looking to the Past to Inspire women-up-virtual-conference- Dr. José Rodríguez, AVP for mental well-being at Community place online. Details are at https:// Our Future.” Event takes place series/. health, equity, diversity and inclu- Health/Intermountain Healthcare; gardner.utah.edu/events/. online via Zoom. Cost is $10 for sion, the University of Utah; Melissa Hansen, executive direc- members, $20 for nonmembers. March 17, 8-9:30 a.m. Laura Summers, senior healthcare tor of Continue Mission; and March 16-17 Details are at slchamber.com. Executive Forum, a South advisor, Kem C. Gardner Policy Josh Allred, co-founder and Utah Safety Conference & Valley Chamber event. Location is Institute; and Dr. Sam Finlayson, guide with Pivot Adventure. Expo, a Utah Safety Council event. Mountain America Credit Union, associate vice president for clini- Event takes place online. Free. The fifth annual conference will March 16, 11:25 a.m.-1 p.m. Leadership Luncheon, a 9800 S. Monroe St., 11th floor, cal affairs and chief clinical offi- Registration can be completed at feature breakout sessions, keynote Cache Valley Chamber of Com- Sandy. Details are at southval- cer, University of Utah Health. Eventbrite.com. speakers, and an expo highlight- merce event. Speaker Heidi leychamber.com. Event takes place online. Details ing the latest in safety products Nebeker Bullock, president and are at https://gardner.utah.edu/ March 18, 11 a.m.-1 p.m. and services. Keynote speakers are CEO of The Bullock Agency, events/. Women in Business, a Murray Lorraine M. Martin, president and March 17, 8-10 a.m. will discuss “Everything You M.A.C.H. Speed Networking, Area Chamber of Commerce CEO, National Safety Council; Wanted to Know About Women a Murray Area Chamber of event. Speaker Heather Ferrari Jack Jackson, senior safety con- March 17, 3:30-4:30 p.m. in the Workplace and Were Commerce event that takes place “Business Connections,” a will discuss “Navigation: sultant, SafeStart; Col. Janise M. Afraid to Ask.” Location is The online via Zoom. Free. Details are ChamberWest event that takes Speaking the Language Your Carroll, commander, 75th Air Riverwoods Conference Center, at mufrraychamber.org. place online. Free, but registration Client Will Understand.” Location Base Wing, Hill Air Force Base; 615 Riverwoods Parkway, Logan. is required. Details are at cham- is Prohibition, 151 E. 6100 S., and Danny Smith, senior safety Cost is $20 for members and $22 berwest.com. Murray. Cost is $30. Details are at consultant, SafeStart. Event takes March 17, 8 a.m.-4 p.m. for nonmembers; $16 for members place online. Cost is $200 for “Lean Office with Sim- murraychamber.org. and $17 for nonmembers preregis- members, $300 for nonmembers. ulation,” a Salt Lake Community March 17, 5:30-6:30 p.m. tered. Details are at cachechamber. Details are at https://web.cvent. College Employee Development Tax Planning Clinic, a Small March 18, 11:30 a.m.-12:30 p.m. com. com/event/46b1ef12-a856-401a- Workshop focusing on a strategic Business Development Center “Legislative 2021 Updates,” 8424-98295545b784/summary. business approach for improving (SBDC) event that takes place a Davis Chamber of Commerce March 16, 11:30 a.m.-1 p.m. overlooked processes that have an online. Details are at https://cli- event featuring Sen. Todd Weiler. March 16, 8 a.m.-4 p.m. Southwest Valley Women in impact on every system, activity, ents.utahsbdc.org/events.aspx. Event takes place online via Zoom. “Business Writing,” part of Business. Location is Incline & employee and customer within an Free (no registration required). the Salt Lake Community College Anthem, 11901 Freedom Park organization. Location is SLCC’s March 17, 5:30-6:30 p.m. Details are at davischamberof- Frontline Leader Workshop Series Drive, Herriman. Details are at Westpointe Campus, 1060 N. QuickBooks Webinar, a commerce.com. and focusing on critical writing southvalleychamber.org. Flyer Way, Salt Lake City. Cost Small Business Development skills to achieve clarity, organiza- is $300. Details are at http://www. Center (SBDC) event that takes tion, readability and accuracy in March 16, 11:30 a.m.-1 p.m. slcc.edu/workforce/courses/index. place online. Details are at https:// see CALENDAR page 12 business messaging. Location is Business Alliance Networking aspx. clients.utahsbdc.org/events.aspx. 12 • March 15-21, 2021 • The Enterprise - Utah's Business Journal CALENDAR place both online and in-person Commerce event. Location is The March 23, 3:30-4:30 p.m. March 25, noon-1 p.m. at the Brigham Academy Center, Monarch, 455 25th St., Ogden. “Panel Discussion: Benefit Women in Business Meet- from page 11 58 N. Main St., Brigham City. Cost is $20 for WIB members, Company Why (and How),” an ing, a Box Elder Chamber of Cost is $40 in-person, $20 online. $30 for nonmembers. Details are Impact Hub Salt Lake event, in Commerce event taking place Registration can be completed at at ogdenweberchamber.com. partnership with P3 Utah and March 18, 1:30-2:30 p.m. online. Cost is $10. Details are at Eventbrite.com. part of a monthly series on ben- boxelderchamber.com. “Salt Lake Chamber-Bus- March 23, 11:30 a.m.-1 p.m. efit companies in Utah. Event iness Live!” a virtual networking March 22, 1-1:30 p.m. Women in Business Lunch- focuses on benefit corporations event. Free for members, $10 March 25, 5:30-7 p.m. “Preferred Stock Explained: eon, a South Valley Chamber and how to build a purpose-driv- for nonmembers. Details are at Chamber Mixer, a West What VCs Forgot to Tell You,” event. Speaker is Patricia W. en business. Panelists are Lewis slchamber.com. part of the Startup Ignition Jordan Chamber of Commerce Jones, CEO of the Women’s “Smokey” Peck, president and Express series. Presenter is John event. Location to be determined. Leadership Institute. Location is co-owner of Pro Group Recycling March 19, 7:30-8:30 a.m. Richards, Startup Ignition instruc- Cost is $5 for chamber members, Gail Miller Conference Center, Solutions; Steve Klass, executive $10 for nonmembers. Details are “Eggs and Issues,” a Murray tor, founder and CEO. Event takes Salt Lake Community College, director of P3 Utah; and Keven at westjordanchamber.com. Area Chamber of Commerce place online. Free. Registration 9750 S. 300 W., Sandy. Cost Stratton, managing partner at event. Details to be announced at can be completed at Eventbrite. Stratton Law Group and general is $20. Details are at southval- murraychamber.org. com. counsel at Stratton & Brett LLC. March 25, 6-7 p.m. leychamber.com. Event takes place online. Free. Legal Clinic, a Small March 19, 8 a.m.-12:30 p.m. March 23, 11 a.m. Registration can be completed at Business Development Center (SBDC) event that takes place Box Elder Business “The Powerful Significance March 23, noon Eventbrite.com. “Building Women Up” online. Details are at https://cli- Summit, a Box Elder Economic of One,” an Urban Land Institute Virtual Women’s Conference ents.utahsbdc.org/events.aspx. Development Alliance event that (ULI) Utah event. Speaker is Amy Series presented by V School, March 24, 10-11 a.m. is focused on the manufacturing Wilde, author, marketing profes- “China’s Economic & Trade Silicon Slopes and Tech-Moms. industry in Box Elder County. sional and motivational speak- Policy and What It Means for March 25, 6-7 p.m. er. Event takes place online via Speaker Tara Spaulding, president Speakers include representatives U.S. Businesses,” part of the Intellectual Property Clinic, Zoom. Details are under “Events” and founder, Hen House Ventures, from P&G, Storm Bowling and “China Paradox” series presented a Small Business Development at utah.uli.org. Nucor Steel. Event will include will discuss “Entrepreneurship & by World Trade Center Utah, the Center (SBDC) event that takes an update on the Utah Inland Port Business Resources.” Details are Orrin G. Hatch Foundation and place online. Details are at https:// and a workforce/economy update March 23, 11:45 a.m.-1 p.m. at https://vschool.io/blog/build- the U.S.-China Business Council. clients.utahsbdc.org/events.aspx. from the Utah Department of Women in Business Lunch- ing-women-up-virtual-confer- Speakers are Craig Allen, presi- Workforce Services. Event takes eon, an Ogden-Weber Chamber of ence-series/. dent of the U.S.-China Business March 25, 7-9 p.m. Council; Gary Rieschel, found- Ladies in Business Net- ing managing partner of Qiming working Night, a Women’s Venture Partners; and Matthew Business Center of Utah event. Turpin, visiting fellow at the Location is Kendra Scott at City Hoover Institution and former Creek Center, 50 S. Main St., Suite 271, Salt Lake City. Free. and the communities national security council direc- #WeBuildUtah tor of China affairs at the White Details are at wbcutah.org. where families and business live, work, and thrive. Join our industry and engage in House. Remaining session is a promising and fulfilling career as you make a difference in your own community. Scan to watch a short video “Actionable Advice on What U.S. March 26, 7:30-8:30 a.m. Businesses Should Do About “Eggs and Issues,” a Murray China,” April 7, 10-11 a.m. Free. Area Chamber of Commerce Details and registration are avail- event. Details to be announced at able at https://wtcutah.formstack. murraychamber.org. com/forms/china_paradox. March 29, 4:30-5 p.m. March 24, noon-1 p.m. “How to Pitch to Investors,” “Solve the Business Puzzle: part of the Startup Ignition Customer Management Sys- Express series. Presenter is tems,” a Women’s Business John Richards, Startup Ignition Center of Utah event that takes instructor, founder and CEO. place online via Zoom. Free. Event takes place online. Free. Details are at wbcutah.org. Registration can be completed at Eventbrite.com. March 24, 1-5 p.m. Defense Manufacturing Research Symposium, a World March 30, 11 a.m. “Building Women Up” Trade Center event hosted by Virtual Women’s Conference the Utah Advanced Materials Series presented by V School, and Manufacturing Initiative Silicon Slopes and Tech-Moms. (UAMMI) and Utah Defense Speaker at 11 a.m. is Sarah Manufacturing Community and Vaughn, founder and CEO, featuring defense manufactur- Melanin Squad, discussing ing research opportunities in “Finding Your Voice & Building which manufacturing compa- Your Community.” Speaker at nies can participate. Speakers noon is Robyn Cohen, director include Angie L. Tymofichuk, of client relationships, Search deputy assistant secretary of the Group Partners, discussing “The Air Force for logistics and prod- Power of Networking & Building uct support; Col. Nathan Diller, Relationships.” Speaker at 1 p.m. director of AFWERX (future Air is Tessa White, reformed human Force Programs for Agility Prime capital executive, discussing and Space); Robert O’Brien, “The Lies That Got You Here: director, advanced design and How to Reframe and Reclaim manufacturing, Idaho National Your Workplace Satisfaction.” Laboratory; and Tom Lockhart, Details are at https://vschool.io/ director of engineering, Air Force blog/building-women-up-virtual- Nuclear Weapons Center. Event conference-series/. takes place online. Free. Details are at https://www.uammi.org/ events/defense-mfg-symposium- see CALENDAR next page mar2021. The Enterprise - Utah's Business Journal • March 15-21, 2021 • 13 CALENDAR Chamber China Center. Free. Community College Employee Luncheon, a Davis Chamber www.slcc.edu/workforce/courses/ Details and registration are avail- Development Workshop focus- of Commerce event. Location index.aspx. from previous page able at https://wtcutah.formstack. ing on organizing, formatting and is Boondocks Fun Center, 525 com/forms/china_paradox. calculating data using Microsoft Deseret Drive, Kaysville. Cost is April 21, 8-10 a.m. Excel software. This introduction $12 with lunch. Details are at M.A.C.H. Speed Networking, April 1, 9-10 a.m. discusses the ribbon, mini toolbar, davischamberofcommerce.com. Morning Speaker Series, April 7, 3:30-4:30 p.m. a Murray Area Chamber of ranges, formulas, charts and basic an Ogden-Weber Chamber “Business Connections,” a Commerce event that takes place spreadsheets. Location is SLCC’s April 20, 1-5 p.m. of Commerce event that takes ChamberWest event that takes online via Zoom. Free. Details are Miller Campus, 9750 S. 300 W., Business to Business Expo, place online via Zoom. Free for place online. Free, but registra- at murraychamber.org. Sandy. Cost is $249. Virtual par- a Davis Chamber of Commerce chamber members and first-time tion is required. Details are at ticipation is available. Details are event. Keynote speaker Rob Ferre guests. Details are at ogdenwe- chamberwest.com. April 21, 3:30-4:30 p.m. at http://www.slcc.edu/workforce/ will discuss “Be the First One on berchamber.com. “Business Connections,” a the Dance Floor: How to Create courses/index.aspx. ChamberWest event that takes April 9, 8-9 a.m. a Movement in Your Business.” Women in Business Net- place online. Free, but registration April 1, 7:45-9:15 a.m. April 20, 8 a.m.-4 p.m. Location is Davis Conference working, an Ogden-Weber is required. Details are at cham- “Coffee and Connections,” “Coaching For Results,” Center, 1651 N. 700 W., Layton. Chamber of Commerce event berwest.com. a Murray Area Chamber of part of the Salt Lake Community Free for attendees. Details are at that takes place online via Zoom. Commerce event that takes place College Frontline Leader davischamberofcommerce.com. the first Thursday of each month Free for WIB members. Details Workshop Series and focusing April 22, 8 a.m.-5 p.m. are at ogdenweberchamber.com. “Intermediate Excel,” a at Kings Peak Coffee Roasters on developing coaching relation- April 21, 8 a.m.-4 p.m. and the third Thursday of each ships to help the people on your “Lean Manufacturing Salt Lake Community College month online via Zoom. Details April 13, 7:30 a.m.-noon team improve performance and 101,” a Salt Lake Community Employee Development Work- are at murraychamber.org. Women & Business Spring ensure productivity and profit- College Employee Development shop focusing on organizing, Conference, a ChamberWest ability for your organization. Workshop focusing on gaining formatting and calculating data April 1, 1:30-2:30 p.m. event. Keynote presenters are Location is SLCC’s Westpointe a clear understanding of eight using Microsoft Excel software. “Salt Lake Chamber- April Townsend of Townsend Campus, 1060 N. Flyer Way, Salt wastes in manufacturing and This course builds upon “Intro Business Live!” a virtual net- Consulting; Aimee Winder Lake City. Cost is $250. Details real-world approaches for reduc- to Excel” concepts. Location is working event. Free for members, Newton, Salt Lake County coun- are at http://www.slcc.edu/work- ing wastes in a factory simula- SLCC’s Miller Campus, 9750 S. $10 for nonmembers. Details are cilwoman and 2020 gubernato- force/courses/index.aspx. tion. Location is SLCC’s Miller 300 W., Sandy. Virtual participa- at slchamber.com. rial candidate; and Michelle Campus, 9750 S. 300 W., Sandy. tion is available. Cost is $249. McCullough of DreamBoard April 20, 11:30 a.m.-1 p.m. Cost is $300. Virtual participation Details are at http://www.slcc.edu/ April 1, 6-8 p.m. Media. Location is the Utah Business Alliance Networking is available. Details are at http:// workforce/courses/index.aspx. “Start Smart,” a Small Cultural Celebration Center, Business Development Center 1355 W. 3100 S., West Valley (SBDC) event that takes place City, as well as online. In-person online. Details are at https://cli- cost is $75 through April 6 and ents.utahsbdc.org/events.aspx. $95 thereafter and for nonmem- bers; virtual cost is $50. Details SOUTH VALLEY CHAMBER are at chamberwest.com. April 6, 10 a.m. “Terminated Employees,” Retirement Solutions part of the 2021 Employers April 13, 4:30-6 p.m. Council and Paylocity Online “YEA Shark Tank,” a South Training Series. Free. Details are Valley Chamber event. Location at http://info.employerscouncil. is Loveland Living Planet org/2021-paylocity-webinar- Aquarium, 12033 S. Lone Peak series. Parkway, Draper. Details are at Offer Competitive southvalleychamber.com. April 6, 11:30 a.m.-1 p.m. 401(k) Benefits Business Alliance Network- April 14, 11:30 a.m.-1 p.m. ing Luncheon, a Davis Chamber “Let’s Do Lunch,” a South for Your Business of Commerce event. Location Valley Chamber event. Location is Boondocks Fun Center, 525 to be determined. Details are at No matter how big or small, your Utah southvalleychamber.com. Deseret Drive, Kaysville. Cost business now has more support when is $12 with lunch. Details are at davischamberofcommerce.com. April 15, 7:30-10 p.m. offering your employees a retirement 2021 Annual Gala, an Ogden- package—thanks to the South Valley April 6, 6:30-8 p.m. Weber Chamber of Commerce Chamber Retirement Solution. WordPress Workshop, a event that was originally the 2021 Annual Gala & After Party Small Business Development The program, administered by TAG Resources, scheduled for Feb. 17, 5:45-10 Center (SBDC) event that takes is designed to provide an easy-to-administer p.m. Annual chamber awards will place online. Details are at https:// option for 401(k) plans. clients.utahsbdc.org/events.aspx. be presented. Official change in Ogden-Weber Chamber board You’ll be able to work with well-known and officers also will take place. prominent 401(k) plan providers, April 7, 10-11 a.m. Location is Peery’s Egyptian “Actionable Advice on and as an extra layer of security, TAG Theater, 2415 Washington Blvd., Resources has taken on the highest level of What U.S. Businesses Should Ogden. Cost is $25. Details are at fiduciary liability. Do About China,” part of the ogdenweberchamber.com. “China Paradox” series presented Perhaps the most important benefit of by World Trade Center Utah, the the program is that it follows an aggregate RETIREMENT Orrin G. Hatch Foundation and April 15, 7:45-9:15 a.m. “Coffee and Connections,” model, allowing your business to provide the U.S.-China Business Council. 401(k) options at a discount, which then a Murray Area Chamber of SAVINGS Speakers are Tim Stratford, chair- allows you to reinvest saved money into Commerce event that takes place man emeritus at the American better options for your employees. Fees are Chamber of Commerce in the first Thursday of each month also less expensive, saving you even more China and managing partner at Kings Peak Coffee Roasters money in administrative costs. at Covington & Burling LLP and the third Thursday of each Beijing; Bill Zarit, chairman of the month online via Zoom. Details American Chamber of Commerce are at murraychamber.org. SouthValleyChamber.com in China and senior counselor at The Cohen Group; and Jeremie April 15, 8 a.m.-5 p.m. Waterman, president of the U.S. “Intro to Excel,” a Salt Lake 14 • March 15-21, 2021 • The Enterprise - Utah's Business Journal TELLURIUM from page 1 CLASSIFIED els. Thin films made of this com- pound can efficiently convert sunlight into electricity. Tellu- CAREERS CAREERS rium can also be used as an ad- ditive to steel and copper to im- prove machinability, making TECHNICAL RELIABILITY ENGINEERS these metals easier to cut. It can also be added to lead to increase Micron Technology, Inc. has openings for Reliability Oracle America, Inc. has openings for Technical resistance to sulfuric acid, vibra- Engineers in Lehi, Utah. Responsible for performing and Analyst positions in Lehi, UT. Job duties include: tion and fatigue. analyzing wafer level process reliability tests and experi- “The minerals and metals we Deliver solutions to the Oracle customer base while ments. Using data from reliability tests to drive changes to produce are essential to acceler- serving as an advocate for customer needs. Some posi- manufacturing processes or testing procedures in order to ate the transition to renewable tions may allow for telecommuting. Apply by e-mailing energy,” said Gaby Poirier, Rio meet product reliability requirements. Mail resume to Nate Tinto Kennecott managing di- resume to [email protected], referencing Burt, 4000 N Flash Drive, MS 2-702, Lehi, Utah 84043. rector. “Adding tellurium to our 385.24924. Oracle supports workforce diversity. Please reference Job #10878.3118. product portfolio provides cus- tomers in North America with a secure and reliable source of tel- lurium produced at the highest en- MANAGERS, SMALL BUSINESS SOLUTIONS vironmental and labour standards SENIOR SOFTWARE DEVELOPER with renewable energy. Rio Tinto CyberSource Corporation, a Visa Inc. company, is committed to using innovation currently has openings in our Lehi, UT location for: Senior Software Developer (Overstock.com Inc., Mid- to reduce waste in our production vale, UT) Multiple openings available. Work on significant process and extract as much value Managers, Small Business Solutions (REF31142Q) critical projects & responsible for all phases of dev process. as possible from the material that Responsible for ensuring all products and solutions are Participate in evaluation, change, & tracking of project reqs. we mine and process.” fully enabled and ready for market. Collaborate with Plan & design software components, services, & processes. “With abundant natural re- Product and Product Marketing teams to understand the Min Reqs: Bachelors degree or US equiv in Comp Apps, sources, Utah is ideally posi- product roadmap and go-to-market plans, and with the Comp Eng, Comp Sci, Info Sys, Info Tech, Elec Eng or rel, plus 5 yrs exp in software dev in system design &/or dev tioned to help supply the critical Sales and partner teams to enable these teams to sell new minerals essential to maintain phases. Must also have: 3 yrs prof exp in Java, Scala or American manufacturing com- products and solutions. 10% domestic and international Python; 3 yrs prof exp using SQL/NoSQL databases; any petitiveness,” said Gov. Spencer travel required. To apply, please reference Job#s above prof exp building web services (incl using REST or SOAP); Cox. “Rio Tinto’s smelter at Ken- when mailing resume to: LJ, Visa, Inc., MS: M1-12 SW, any prof exp using build systems (incl Jenkins), build tools necott is one of only two that is 900 Metro Center Blvd., Foster City, CA 94404. EOE. (incl Gradle or Maven), security frameworks, Spring & ORM capable of producing copper and frameworks (incl Hibernate) & building enterprise web other critical minerals. The new systems; any prof exp performing software dev using Unix/ tellurium plant is another valu- Linux; any prof exp using Source code mgmt tools (incl GIT, able contribution to critical min- SVN or CVS); any prof exp using messaging systems (incl eral independence and energy se- Kennecott’s smelting process also recovered from the Copperton RabbitMQ); any prof exp using container tech (incl Tomcat curity in the U.S.” recovers gold, silver, lead car- concentrator. In total, nine prod- or Jetty) & using containers (incl Docker); any prof exp in Along with producing al- bonate, platinum, palladium and ucts are currently recovered from performing Agile Development; any prof exp using Unit/ most 20 percent of U.S. copper, selenium, while molybdenum is the ore extracted at Kennecott. Integration Testing Tools (incl JUnit or TestNg); any prof exp using Enterprise Architecture, Data Structures & Algorithms, & Object Oriented Design; any prof exp in multi threading, concurrent programming, Scaling apps for performance & availability & engaging in Peer programming/ Code review; Every day is a great day . . . any prof exp using CI/CD for continuous integration, con- tinuous delivery, & continuous deployment; any prof exp using Cache tech. In lieu of Bachelors degree plus 5 yrs exp, will accept Masters degree or US equiv in Comp Apps,

MMMM… TASTY WOW Comp Eng, Comp Sci, Info Sys, Info Tech, Elec Eng or rel,

Mondays! Tuesdays! Wednesdays! plus 3 yrs exp in software dev in system design &/or dev phases. Must also have: 3 yrs prof exp in Java, Scala or Python; 3 yrs prof exp using SQL/NoSQL databases; any TWISTY FRITTER SPRINKLES prof exp building web services (incl using REST or SOAP); any prof exp using build systems (incl Jenkins), build tools M Thursdays! Fridays! Saturdays! (incl Gradle or Maven), security frameworks, Spring & ORM frameworks (incl Hibernate) & building enterprise web systems; any prof exp performing software dev using Unix/ Linux; any prof exp using Source code mgmt tools (incl GIT,

SVN or CVS); any prof exp using messaging systems (incl Donuts Brownies Fritters RabbitMQ); any prof exp using container tech (incl Tomcat or Jetty) & using containers (incl Docker); any prof exp in Turnovers Muffins performing Agile Development; any prof exp using Unit/ Integration Testing Tools (incl JUnit or TestNg); any prof exp using Enterprise Architecture, Data Structures & Algorithms, Family Owned & Operated & Object Oriented Design; any prof exp in multi threading, concurrent programming, Scaling apps for performance & 2278 So. Redwood Road availability & engaging in Peer programming/ Code review; any prof exp using CI/CD for continuous integration, contin- 801-975-6381 uous delivery, & continuous deployment; any prof exp using Cache tech. Submit resume online at: https://overstock.wd5. M-F 5:00 am – 2:30 pm & Sat. 7:00 am – noon myworkdayjobs.com/Overstock_Careers/job/Midvale-Utah/ Senior-Software-Developer_R0004628 or via email: [email protected]. Specify ad code NKWM. with Darla’s Donuts! EOE. MFDV.

19 • March 15-21, 2021 • The Enterprise - Utah's Business Journal

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DEALSOURCE … We have so much going for from page 1 us. We just need to unite and say, ‘Hey, this is what we want Utah to company where he is founder and be.’” executive chairman. The two-de- Lucid was launched in 2010 cades-old company did not take with Lucidchart and in 2020 venture capital or outside capital passed $100 million in annual re- for its fi rst 10 years. In 2018, the curring revenue; launched new founders sold the company to SAP, product LucidSpark in only four but last year worked with SAP to months; and opened its second take Qualtrics public in Utah’s global offi ce in Melbourne, Aus- largest initial public offering on re- tralia. Lucid is also the creator of cord — all while Smith was work- Lucidpress, a web-based desktop ing out the transition of the Jazz publishing software app used to ownership. create brochures, fl yers, newslet- Now Smith hopes the Jazz ters, magazine layout and design, deal will be a model for teams in and more. the NBA and other leagues when Sun, co-founder and CEO, they transition ownership, legacy noted that the idea for the compa- and stewardship. As for the Jazz, ny began when Dilts and his team he said he wants to make Utah were struggling on a complicated proud, continue the legacy left by product when using a diagram- the Miller family “and hopefully ming software available at the we’ll have it for the next 35 years, time. right?” “Over the last decade, we’ve During that time, Smith said realized that that struggle that Ben he wants to use the Jazz as a plat- had to working with his team to form to effect change in the com- really get on the same page and munity. “Qualtrics is 15 times to really distill complicated, com- 20 times bigger than the Jazz, but plex ideas and processes into clar- the Jazz are much more visible ity, was something that they were Keep your business'a andnd y yourour than enterprise software. That’s struggling with but it’s what a lot just the way it is,” he said. of teams struggle with,” Sun said. customer's informationon s safeafe The goal is to set a standard “And that’s where we’ve come. by shredding documentsents for the rest of the now-fractured That’s why our mission is to help with NAID-certified world to follow. teams see and build the future.” pprofessionals. “I think that if we can look While those two award-win- back 30 years from now and say, ners were highlighted during the ‘Whoa, Utah managed the world summit, ACG Utah also under- differently, we all rallied behind scored the successes of the Utah one common goal of unity and deal community last year despite https://rmshred.com love,’ like, man, that would be the impacts of the COVID pan- worth it all,” Smith said. demic. In 2020, more than 300 “We want to be the most lov- transactions were completed, in- ing, inclusive, friendly place. Ev- cluding more than two dozen pub- eryone tells me Utahns are happy; lic offerings, as well as nearly 100 let’s go be happy. We’re full of mergers and acquisitions and near- love; let’s go be that to everyone. ly 200 private placements. 16 · February 15-21, 2021 · The Enterprise - Utah's Business Journal

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