In case you missed one or more of the Salt Lake Chamber’s Utah Business Reports on KSL News Radio, here is a recap of what we talked about this week.
Victims affected by Hurricane Sandy at the end of October saw a lot of relief in the form of solar power from a Utah company.
Goal Zero donated nearly $600,000 dollars in portable solar-powered equipment to New York. A team of employees also went to the disaster zone to distribute the product to power cellphones, emergency lights and critical home and health machines.
From November 1 to 15, Goal Zero tracked all sales made at participating retailers and matched the same in the form of additional donations.
Goal Zero also packed a second truck of rechargers and lights with the help of the Small Business Association’s Global Logistic Services to send over to those affected by the storm.
Goal Zero is the industry leader for renewable and reliable portable solar powers systems that power a variety of devices.
November 24 of this year marked the 15th anniversary of the opening of the Women’s Business Center. For a decade and a half, the WBC has provided counseling, training and encouragement to thousands of people to help nurture and develop entrepreneurial endeavors.
In this past year alone, the WBC has provided nearly 500 hours of training to over 2,200 people. These trainings focus on marketing, finance, business plan development, sales, management and procurement.
This effort has resulted in 36 new business plans, 35 new marketing plans, 15 new business start-ups and 23 jobs created.
While those numbers are impressive, they are more than just numbers. Each of those numbers represents an individual who took a risk and stepped out of their comfort zone to pursue a dream. Some find success, some may not, and some continue to thrive.
The WBC led by Pam Okumura and her team, Ann Marie Thompson and Mariam Paul, help dreamers become entrepreneurs… and those entrepreneurs make Utah’s economy one of the strongest in the nation.
The IT industry in Utah continues to expand.
With the help of the Governor’s Office of Economic Development, Qualtrics will expand its existing operations in Provo. This expansion will create over one thousand jobs, and each job will pay a minimum of 125 percent of Utah County’s average yearly wage.
In the seven-year expansion project, Qualtrics will pay out nearly $30 million in wages, over $43 million in new state taxes and will invest $2.4 million in capital.
Qualtrics is a rapidly growing research and online survey company. It has seen triple-digit growth in the past four years. The company was recently featured in the June 2012 issue of Forbes magazine with the headline “Tech’s Best-Kept Secret is in Utah.”
Utah’s Information Technology and Software Development industry cluster has been a part of Utah’s economy for nearly 30 years.
Qualtrics expansion in Utah County further confirms Utah’s status as one of the best places to do business, especially in the IT sector.
The National Ready Mix Concrete Assocation recently honored Jack B. Parson Companies with the Producer Excellence in Quality award for the second consecutive year. The company won in the largest producer category.
Jack B. Parson Companies is one of the state’s largest aggregate, ready mix concrete, asphalt, paving and construction materials suppliers.
According to the NRMCA, the Producer Excellence in Quality award goes to companies who demonstrate outstanding performance in customer focus, materials management, testing and other criteria. Companies are recognized in three categories ranging from small-scale production to large-scale production.
President and CEO Scott Parson credits the company’s outstanding employees and customers for maintaining their high quality products and service.
2012 marks the company’s 60th anniversary of safely building the preferred source of quality sand, rock and landscape products, ready-mixed concrete, asphalt, paving and construction services.
Ground was recently broken for the first phase of Eaglewood Village, a new 96-acre mixed-use community located in North Salt Lake City.
Strategic Capital Partners and Compass Development Group are developing the property in a joint agreement on Eaglewood Village. The property is located at the corner of Eagle Ridge Drive and Highway 89, at the base of the Eaglewood area.
The first phase of Eaglewood Village development includes Eaglewood Lofts, a Class A 214 unit apartment project. The apartments will have an urban yet classy feel and will have desirable features like walk-in closets and balconies. The project is scheduled to be complete by June 2013.
The Village will ultimately include office, retail, apartments and for-sale homes. Henry Walker Homes will build a majority of the homes on-site in the $200 to $500-thousand price range.
Because of proximity to downtown Salt Lake City and affordable pricing, the mixed use of Eaglewood Village is anticipated to see quick success and be a welcome new part of southern-Davis County.
For the full reports from this week and weeks past, visit KSL Radio online. Remember to tune in between 12:30 and 1 p.m. to KSL News Radio every week day on 102.7 FM or 1160 AM. If your business is doing something great, let us know and we may just feature it on the Utah Business Report.