Utah Business
Two new productions approved for film incentives in Utah
— The Utah Board of Tourism Development approved state film incentives for two new local productions, "Houseboat Heroes" and "Prepare for the End," through the Community Film Incentive Program.Cole West launches new home sales at theLANA in Provo, Utah
— Cole West, a Utah-based real estate developer, launched home sales at theLANA, a 32-townhome community in Provo starting in the mid $400Ks, marking its first residential project in Utah County.New Huntsman Cancer Institute campus begins to rise in Utah City
— Huntsman Cancer Institute marked a construction milestone with a cornerstone celebration for its new cancer campus in Vineyard's Utah City development, with vertical construction beginning and patients expected by…
Obsessing over comfort from fiber to finish
— Utah Business profiles Cozy Earth founder Tyler Howells, detailing his relationship-driven sourcing of bamboo fabrics from Chinese factories and the company's growth from a startup into a lifestyle brand with over 500…
Meta boosts Eagle Mountain investment to more than $3 billion
— Meta announced expanded investment in its Eagle Mountain data center, pushing its total Utah capital investment past $3 billion, alongside new donations including $600,000 for a school site, $450,000 for an…More: ABC 4 , KJZZ , KSL , KUTV 2News All 5 reports
Newmark Mountain West facilitates Burlington in eastern Idaho
— Newmark Mountain West brokered a lease for Burlington's first Eastern Idaho store, a 20,062-square-foot location in Idaho Falls' Teton Spectrum Shopping Center, with more Idaho stores planned for Twin Falls and Chubbuck.New NFIB survey: Main Street optimism cools in August but holds above long-term average
— NFIB's Small Business Optimism Index dipped slightly to 98.7 in August, still above the long-term average, as owners cited weakened sales, supply chain issues, and inflation, while a Utah NFIB official urged Congress…Integrator Community Management partners with American Momentum Bank to support growth, provide specialized service
— Lehi-based Integrator Community Management, which manages 21 Utah HOA communities, has partnered with American Momentum Bank's association banking division for specialized financial services to support its planned…U.S. Air Force and Northrop Grumman assemble inert missile, progress toward Sentinel flight testing
— Northrop Grumman and the U.S. Air Force fully assembled an inert Sentinel intercontinental ballistic missile at Vandenberg Space Force Base, marking a key milestone toward a planned 2027 flight test and early-2030s…
One of Utah’s greatest economic advantages is still slipping: Birth rate
— Utah's total fertility rate has fallen to 1.8 births per woman in 2024, below replacement level, prompting concerns about future workforce shortages, school closures, and economic growth. Experts and advocacy groups…More: Cedar City News (Iron County) , St George News (Washington County) All 3 reports
Peterson raises $510M continuation vehicle for Kelso Industries
— Draper-based Peterson Partners closed a $510 million continuation vehicle for Kelso Industries, an MEP contractor, with NorthSands Capital as lead investor committing over $450 million to restructure Peterson's stake…Utah’s Dendric Estate cider now available to ship to six new states
— Utah-based Dendric Estate, a Kamas cidery, is now shipping its Dry Cut cider directly to consumers in six new states—California, Florida, Illinois, Massachusetts, Pennsylvania, and Texas—via its online store.KIHOMAC expands manufacturing operation in Layton
— KIHOMAC, a veteran-owned aerospace manufacturing company, announced an expansion in Layton expected to create 177 new jobs and bring $36 million in capital investment, aided by state and local economic development…More: ABC 4 All 2 reports
Promontory Homes’ Picasso model receives 2026 Gold Nugget Award for Best Single Family Detached Home
— Promontory HOMES' Picasso model won a 2026 Gold Nugget Award for Best Single Family Detached Home from the California Building Industry Association, recognizing the 2,800-square-foot single-story luxury mountain home…
How Utah’s top CEOs are navigating high growth without losing what matters
— Utah Business hosted a KeyBank-sponsored roundtable of local CEOs and executives discussing how they scale companies while preserving culture, deciding whether to accept outside investment, and distinguishing…
USDA guarantees $25M loan to grow Milford Mining in Utah
— The USDA is guaranteeing a $25 million loan to Milford Mining Company Utah to expand copper mining and processing in Beaver County, a deal expected to create about 100 jobs and double copper throughput by 2027.Retro Fitness announces territory development agreement with Kerry Holt Group
— Retro Fitness signed a territory development agreement with the Kerry Holt Group to expand the gym franchise across Utah, building on an existing Cedar City location run by franchisees Greg Harris and James Davidson.Study finds health benefits of Great Salt Lake restoration could outweigh costs
— A new NBER working paper estimates that dust from the shrinking Great Salt Lake causes $1.1 billion to $2.3 billion in annual health costs, and finds that the health benefits of adding water to the lake could exceed…Utah’s economy shows resilience amid slower national growth
— The Utah Chamber and University of Utah's Kem C. Gardner Policy Institute released their August 2026 Roadmap to Prosperity dashboard, showing Utah employment growth of 1.4% year-over-year, rising consumer sentiment…More: Moab Sun News , TownLift , Utah Policy , Utah Policy All 5 reports
InfuseMed is rethinking how complex knowledge gets transferred from expert to learner
— Salt Lake City-based InfuseMed, a medical education company, describes its 'SEE → TRY → DO' methodology using immersive tech, XR/VR and simulation to improve knowledge retention and application in professional…
A Utah-made bionic hand moves with your thoughts — and actually feels what it touches
— BIOS, in collaboration with University of Utah researchers, has developed a bionic hand that uses brain signals to move and provide sensory feedback to amputees. The company expects the device, paired with theMessagePay launches AI Pay+ to help credit unions predict when borrowers will pay
— Lehi-based MessagePay, a payments platform for credit unions and community banks, announced it has signed its 400th financial institution customer and launched AI Pay+, a predictive analytics tool to forecast borrower…