Regional Business News

"I always feel that I work with people, they don’t work for me. They work with us. I couldn’t do without any of them," she said, then smiled. "Well, one or two of them I could do without."

In its heyday, the Canopy Group was Utah’s prime technology incubator. Using the fortune of technology legend Ray Noorda, it launched, funded and inspired the creation of thousands of new, high-paying jobs.

"I had no idea what a venture capital company did, except somehow they screw you," Berger said. "Nothing could be further from the truth."

"International markets provide an important source of revenue for Idaho companies, which gives our economy an extra boost," Madsen said. "Governor Kempthorne is leading trade missions to Asia and Mexico this year that will open up additional export opportunities for Idaho companies." Kempthorne’s mission to Asia is scheduled for May 14 to 28 and includes stops in Tokyo, Japan; Seoul, South Korea; Beijing and Shanghai, China; and Taipei, Taiwan. The Mexico mission, set for Oct. 22 to 29, will visit Monterrey, Mexico City, and Guadalajara.

This contract follows a $4.8 billion DOE contract awarded to Battelle Energy Alliance in November to manage the INL. The two contractors are separate, but according to the DOE, they will work together.

This is Highway 12 Venture’s ninth investment with the current fund.

"Hopefully," Kemp said, "aerospace will be Ogden’s economic engine now."

"From our perspective, this is a springboard to what we have passion for," King said.

"At the same time, we grew earnings by more than 137 percent, increased net sales and more than doubled our operating margin compared with the prior fiscal year, while continuing to develop the infrastructure needed to further position the company as one of the premier specialty apparel retailers."

"Our goal is to keep reaching out to new markets and expand our business," Johnson said. "Our Mexico sales have been increasing considerably."