UTAH

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2005 a ‘big deal’ for Entrepreneurs in Utah. Big venture capital, big mergers, big acquisitions, and big offerings boosted transaction figures

According to the Utah Deal Flow report, venture capital and private equity fundings in 2005 made up 84 deals valued at $417.3 million. The 2005 report included deals not historically categorized as venture capital, such as angel investments, so a comparison to last year’s 85 venture deals valued at $399.4 million may not be valid.

Grow Utah Ventures invests in Salt Lake-based Revinetix

Salt Lake-based Revinetix said Tuesday that private equity fund Grow Utah Ventures has invested an undisclosed amount in the company "and spurred additional investment through Grow Utah’s network of formal and informal angel investors throughout the state."

New Utah slogan ’embodies heart and soul of state’ – "Life Elevated."

"The new slogan embodies the heart and soul of our state," Gov. Jon Huntsman Jr. said. "It captures the essence of life in America’s greatest state."

About a dozen Utah companies jump aboard state’s trade mission to Mexico in April

"For a small business, the idea of trying to enter a foreign market is pretty overwhelming," "It would be practically impossible for us to make the contacts necessary to begin doing business on our own."

Happy to succeed. Omniture co-founder has fun but is serious about business

In 2005, Omniture was the state’s leading recipient of venture capital investment, raking in $40 million. The deal was the 10th-largest nationwide, according to PricewaterhouseCoopers.

11 Utah firms are top manufacturers

When Lanny Smith moved his manufacturing business from California to Utah, he enjoyed affordable real estate, talented labor and lower taxes. Thursday he reaped another benefit: recognition.

Spanish Fork, Utah weapons maker, Klune Industries expands with $400 million contract

"That means more jobs for us, and it’s a great technology that not only saves lives but is also able to detonate with minimal collateral damage," said Spanish Fork Mayor Joe Thomas.

Utah jobs going unfilled causing frustration among small employers and pushing average wages higher

In metropolitan Utah, the average advertised wage for job openings surveyed climbed to $12.20 an hour, up from $11.20 an hour a year earlier.

Utah schools, state workers find raises too low. Proposed pay package bears no sign of good economy, critics say

"Every poll has said public education is the priority,"

Qwest taps Cache, Utah for new call center

Jerry Fenn, Qwest president for Utah, said the company put customer call centers in Iowa and South Dakota the past two years and could have placed a third anywhere, particularly anywhere in the company’s 14-state local-service area.