Utah’s nonfarm wage and salaried job count for April 2011 expanded by 1.6 percent compared to April 2010. This is a 12-month increase of 18,900 jobs, and raises total wage and salary employment to 1,200,400. The seasonally adjusted unemployment rate, Utah’s other primary indicator of current labor market conditions also generated by BLS, registered 7.4 percent.
Even as it continues to achieve significant milestones at home, USTAR is becoming nationally recognized and finding that other states are using it as a model for their own programs to increase research and commercialization.
In a Capitol Gold Room ceremony, Governor Gary R. Herbert and Lieutenant Governor Greg Bell joined legislative and business leaders from across the state for ceremonial signings of several key pieces of job growth and economic development legislation from the 2011 legislative session.
Goods and materials produced by firms in several states are in high demand as world trade markets continually evolve, says a new ranking of international exporting by Ball State University. "U.S. Export Adaptability at the State Level" by Ball State's Center for Business and Economic Research (CBER) finds the top five are Nevada, West Virginia, Delaware, Utah and Indiana.
The 2011 Utah Innovation Awards, presented by Stoel Rives and the Utah Technology Council, honor the modern-day pioneers who venture to change the future with their new ideas. Richard Nelson, UTC founder and CEO, says Utah continues to lead the way in innovation. “Innovation is alive and well. We continue to get more applicants and the level of their accomplishment continues to seem to be more than the last year and in prior years. The number and quality is up.”
Utah Valley University’s Woodbury School of Business will bring together Chinese officials, international experts and the business community for a one-day conference developed to provide an educational and networking resource for those interested in conducting business in the Asian Pacific. The inaugural “Doing Business with China” conference will take place on Thursday, May 12, from 8:30 a.m. to 1:30 p.m. in the Sorensen Student Center.
This event is essential for Utah companies currently doing business or who are planning on doing business in Europe. Participants will benefit from key industry presentations by Utah Cluster directors in the Aerospace, Energy, Life Sciences, Information Technology and Outdoor Products Recreation industries.
Utah experts in building energy efficiency, UBEES, gathered in Washington D.C. to accept the Energy Star Partner Award from the EPA. UBEES, a public/private partnership is working with business, schools, churches, utilities, and residents to reduce energy use in buildings in Utah.
University of Utah Health Care is the only academic health-care system in the Intermountain West, providing some of the world’s most specialized medical care to the people of Utah and five surrounding states.
Utah is on its way to generate energy and produce biofuels from algae grown in wastewater ponds. Kevin Shurtleff, the director of the Utah State Energy Dynamics Lab says that wastewater from coal-fired power plants or municipal sewage could serve as an excellent source of carbon dioxide and nitrogen, which algae require.
Utah Governor Gary R. Herbert says Utah businesses are already starting to see the benefits of his five-day trade mission to China, and he expects to see an economic impact of $50-60 million from the visit to one of the world’s economic powers. The governor recently returned from a including stops in Beijing and Shanghai. During his visit, the governor met with a member of the Chinese cabinet and signed an agreement with the mayor of the Jinshan district.
The Professional MBA program at the University of Utah's David Eccles School of Business has been recognized in U.S. News and World Report as one of the top part-time MBA programs in the country. U.S. News & World Report ranks the program as No. 23 among Public Universities, No. 1 in the state of Utah, and No. 45 overall - up 14 positions from No. 59 last year.
No machetes needed for this jungle survey. Thanks to technology developed at Utah State University, Tridex Solutions, a Salt Lake City-based company in the geomatics market, has begun a comprehensive 3D survey of the west central African country of Gabon.
At a luncheon hosted by World Trade Center Utah, GOED and the Salt Lake Chamber, Ambassador Vieira said Utah has the highest number of Portuguese speakers in the U.S. and is an excellent source of future economic investment in Brazil.
The Utah Fund of Funds presents a 6 part entrepreneur training series on fund raising.
The Utah Medical Device and Bio Med Symposium will be May 12 at the Marriott City Centre.
Alex Lawrence, a serial entrepreneur, has been named vice provost for Innovation & Economic Development at Weber State University. In this role he will lead the Technology Outreach Center on campus that supports the Utah Science Technology and Research (USTAR) technology economic development initiative.
Published quarterly by the Utah Department of Workforce Services, the latest issue provides valuable information on streamlining the way employers can do business with the state.
The Princeton Review recently placed Video Game studies at the University of Utah very high in its annual rankings. The U of U’s undergraduate program received the #2 spot behind the University of Southern California, while the Entertainment Arts and Engineering graduate program took the #6 spot nationwide.
What happened at Utah after it overhauled its strategy for bringing university inventions to market? Last year the University of Utah spun off the highest number of start-ups based on licensed university technology in the nation — but that fact has already been talked to death.
At the recent Utah Consular Corps meeting, the Honorable Gary Neeleman, Brazilian Honorary Consul for Utah, was installed as the new president of this prestigious group by the current Past President, the Honorable Bjorn Ablad, Swedish Honorary Consul for Utah.
Mr. Suresh Kumar, Director General of the U.S. & Foreign Commercial Service visited Utah to speak on the President’s National Export Initiative. While in Utah, Mr. Kumar saw firsthand what Utah is doing to successfully foster the nexus of innovation, education, and commercialization, which the Administration considers critically important to creating globally competitive and sustainable job growth, thereby, “winning the future” for the U.S. economy.
The Governor will lead a trade mission to China, with trade mission events being held April 11-15, 2011. Arrival and departure dates will be coordinated with participants and the International Trade Office in GOED. The trade mission will focus on matching Utah businesses with businesses in China, promoting Utah’s tourism offerings, meeting with key Chinese government agencies, and showcasing the State’s business friendly environment.
The number of Utah businesses supporting the renewable energy sector continues to grow.
The Utah Valley Business Quarterly has published its 2011 review of the fastest growing companies in Utah County.
The “Life Elevated”, scenic calendar from Utah for 2011 has been honored with 13 awards in the National and World Calendar Awards competition hosted by the Calendar Marketing Association.
With the goal of sharing knowledge about the global status of women in mountain communities worldwide, and a focus on women in leadership roles working to advance sustainable development, UVU hosted the Second International Women of the Mountains Conference.
Brain Awareness Week (BAW) is a worldwide campaign organized by the Society for Neuroscience and the Dana Alliance for Brain Initiatives to elevate public awareness about the benefits of brain research. University of Utah Program in Neuroscience graduate students have brought BAW to the Wasatch Front every March since 1997; the Brain Institute has provided administrative and financial support for BAW activities since 2005.
USTAR is helping the state’s energy industry develop natural resources more efficiently, with lower economic and environmental costs. With USTAR’s assistance, the University of Utah is spearheading ways to increase the competitiveness of Uintah Basin “black wax” oil.
U of U innovator starts company to create wireless health devices. Your Bluetooth earpiece may someday save your life, by monitoring your EEG, EKG, cardiovascular performance and other measurements, and alerting your doctor or caregiver, particularly if there’s an emergency.
Mayor John Curtis announced in a Provo Municipal Council meeting last night that Frontier Airlines has agreed to begin new service at the Provo Municipal Airport beginning in June. The service will consist of a daily 8:30 a.m. outbound and 9:15 p.m. inbound flight to and from its Denver hub.
It is especially significant that Utah was the only state where exports doubled in the past five years. In 2010 Utah shipped $13.57 Billion in merchandise exports.
The Bureau of Land Management (BLM) has determined that it will offer approximately 125,762 acres of the surface of the Sevier Dry Lake, about 30 miles southwest of Delta, Utah for competitive leasing of potassium-rich brines to produce potash. The maximum lease size for a potash lease parcel under Federal rules for leasing solid minerals other than coal and oil shale is 2,560 acres.
Small businesses looking to grow should look beyond the U.S. borders to find new customers. Learn about government resources to help you begin or expand exporting.
“With hard work and good ideas” agriculture can survive, Lt. Gov. Greg Bell told the eighth annual Diversified Agriculture Conference Monday at the Sevier County Fairgrounds. Statistics from a 2008 Utah State University study showed that Utah’s agricultural sector creates an economic output of $15.5 billion annually, nearly 14 percent of Utah’s economy, providing over 66,000 jobs and contributing 350 million in state and local taxes.
The Emery County Business Chamber is planning its March Lunch and Learn meeting. It will be held on March 15 at noon at the Museum of the San Rafael. The featured speaker for this lunch will be Alan Christensen who is an expert on marketing your business on the web and making sure your business has a web presence and email.
One of the major goals of the USTAR initiative, as set forth in legislation passed in 2006, was to build two new state-of-the-art research facilities. The building at USU was completed on time, within budget. The U of U building is on schedule and within budget. Both facilities strive for Leadership in Energy and Environmental Design (LEED) Gold Certification and will be among the most sustainable, energy-efficient research centers in the nation.
The Energy Dynamics Lab is devoted to finding high-tech solutions to provide improvements in United States energy security. The lab was founded in 2009 under the USU Research Foundation and employs dozens at locations in Salt Lake City, Park City and Vernal.
Utah and the nation are recovering from the 2007 recession, only to find ourselves on a collision course with the future: Not enough Utahns continue their education and training after high school. Governor Gary Herbert and Dr. Anthony P. Carnevale, director of the Georgetown University Center on Education and the Workforce, raised that warning Tuesday morning.
JBS USA Holdings, Inc. will invest over $30 million in the development of a new and expanded meat packing and processing facility in Hyrum. The expansion when completed will employ 420 new full time staff in addition to the nearly 1,000 current employees at the location. The new positions will offer wages in excess of 100% of the Cache County average wage.