MasterControl moves into new headquarters

MasterControl Inc., a Utah-based provider of enterprise software solutions for the life science industry, has moved into its new corporate headquarters in Cottonwood Heights. The completely renovated six-floor, 154,000-square-foot office building is located in the Old Mill Corporate Center.

Although 300 MasterControl employees will work in the new building initially, company officials said the new offices were chosen with longevity in mind. MasterControl foresees future growth that will double its workforce in Utah to more than 600 in the coming years.

“We are proud to be a Utah-based company and when choosing a new office space to accommodate our growth, we wanted a location that offers the best of Utah,” said Jon Beckstrand, CEO of MasterControl. “The Old Mill Corporate Center is a premier business facility close to downtown Salt Lake, but just minutes away from some of the finest ski resorts and outdoor recreation activities in the nation. This location and building will provide an environment that is conducive to innovation, but has the nearby amenities to also enable a happy work-life balance, which is an important part of our company culture.”

Applications Being Accepted for the Goldman Sachs 10,000 Small Businesses Program

 
The Goldman Sachs 10,000 Small Businesses program at Salt Lake Community College is accepting applications.
 
This program is for small businesses that links learning to action. Participants will gain practical skills in negotiation, marketing, and employee management. They will receive the tools and professional support they need to develop a strategic business growth plan to take their company to the next level. Across the U.S., 10,000 Small Businesses graduates are increasing their revenues and creating new jobs in their communities:
 
69% Reported increasing revenues just 6 mo. after graduating.
 
48% Reported creating new jobs just six months after graduating.
 
85% Are doing business with each other.
 
99% Completed the program.
 

Best Place for Business and Careers/Healthy City

Utah continues to get noticed for its great business environment. Two cities in the state made the Top Ten on the Forbes Best Places for Business and Careers list!

Check it out!

Salt Lake was also listed as the second healthiest city in the country by WalletHub. Using data from the Center for Disease Control and Prevention and the U.S. Census Bureau, cities were evaluated across numerous metrics, such as health care, fitness and access to green space.

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Cottonwood Heights Economic Development Department Wins Best of State

Cottonwood Heights Economic Development Department Wins Best of State

City recognized for business-friendly programs

April 26, 2017. Cottonwood Heights, UT. The City of Cottonwood Heights and its Economic and Business Development Program is changing the way cities engage with businesses and business owners. Its efforts have paid off as the city was announced the winner of the 2017 Best of State Award for Economic Development Management in the Public Sector.

The award recognizes the city’s endeavors to streamline processes, explore a variety of business engagement options, create educational opportunities for business owners, and build an environment of collaboration and connection with businesses that is beneficial to the current and future growth in the city. 

“It was our goal to create a business-friendly organization for everything from land-use applications and building permits to inspections and business licensing,” said Brian Berndt, Cottonwood Heights Community and Economic Development Director. “The department went through all its processes, looking for ways to improve service.  As the organization continues to grow, new ideas and new ways to engage business owners are offered in a wide range of activities.”

Part of the business program includes the organization of the Cottonwood Heights Business Association (CHBA), in lieu of a Chamber of Commerce. Every business in the city is an automatic member of the CHBA, which charges no fees for membership and offers low- or no-cost luncheons, business workshops, expos and networking opportunities.

In September 2016, Cottonwood Heights was recognized as a Business Friendly Community as part of the Governor’s Utah Business Friendly Cities Initiative.

Cynthia L. McHenry is the new VP of Operations at Dynatronics

Cyndi’s appointment concludes an extensive search process conducted by the company as it continues to execute on its strategic plans and initiatives. Her hiring will facilitate a more aggressive approach to our expansion plans through acquisitions and better focus on improving operating efficiencies.

For close to 20 years, Cyndi worked for St. Jude Medical (now Abbott), an industry leader providing artificial heart valves, pacemakers, and other disease-management medical devices. Cyndi worked as their Senior Director of Global Operations Integration and Site Optimization from 2013 – 2015, where she defined strategy and led business integrations and site consolidations in the US and internationally.  Before this position, she served as the Director of Product Development (2008-2013) and Director of Engineering Operations and Services (2002-2008).

“Cyndi’s experience in manufacturing, distribution, purchasing and integration brings significant depth to the Dynatronics’ management team,” said Kelvyn H. Cullimore, Jr., Dynatronics’ Chairman and CEO.  “Given Cyndi’s extensive background across all areas of production and change management, as well as her experience at St. Jude Medical for nearly 20 years, I am confident in her ability to lead our operations.  I believe she will be a strong leader in all aspects of our manufacturing, distribution and purchasing.  I look forward to the ideas and perspectives she will bring to Dynatronics.”

In her role at Dynatronics, Cyndi will serve on the company’s executive management team and will also play a key role in the planning and integration of acquisitions.  Her predecessor in the role, Doug Sampson has been appointed Vice President of Research, Development and Quality Systems for Dynatronics, focused on accelerating the development of new products and driving Dynatronics’ commitment to quality and compliance.

“I am very pleased to join Dynatronics,” said Ms. McHenry.  “This is a company with a great reputation and momentum in the physical medicine industry. I am excited to join the management team and to contribute to the success of the business as we continue to evolve into a profitable and growing company.”

Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, sports medicine, chiropractic, podiatry and related markets.

Written by PR Newswire

2019 Site Selectors Guild Conference To Be Held in Utah

Every year EDCUtah brings five or six site selectors to Utah to introduce them to the state and educate them about doing business here.

Leveraging the Sundance Film Festival, EDCUtah’s “Site Selection & Cinema” event is one of the premier economic development familiarization tours in the country and regularly draws leading consultants from around the world. In 2019, EDCUtah will have the opportunity to bring 50-60 of the world’s top site selectors to Utah when Salt Lake City plays host to the Site Selectors Guild’s annual conference.

“Hosting the Site Selectors Guild (SSG) 2019 annual conference is a huge win for EDCUtah,” says President and CEO Theresa Foxley. “SSG is the world’s largest group of senior site selectors. Having them spend three days in Salt Lake City for the conference, with exclusive opportunities for networking, face-to-face time and marketing, will be phenomenal for our economic development efforts.”

EDCUtah’s extensive research has found that site selectors are more likely to recommend Utah for a project if they have visited the state. Bringing the annual conference to Utah will provide the EDCUtah team with opportunities to build relationships with the site selectors and will lead to more projects added to the pipeline. “Hosting SSG 2019 will be equivalent to us conducting 10 Site Selection & Cinema events at once. The exposure for Utah will be tremendous,” says Foxley.

Chief Operating Officer Michael Flynn notes that members of the Site Selectors Guild typically represent some of the largest companies in the world in their expansion and relocation efforts. “Guild members are extremely well-connected, have stellar resumes and vast experience with the site selection process. Having 50-60 guild members in Utah all at the same time will be an incredible opportunity for us,” he adds.

As part of its annual conference, the Site Selectors Guild also invites a select number of economic developers from across the country to participate in discussions focused on improving their economic development efforts. Topics often include best practices, tools site selectors use in conducting due-diligence, incentives, workforce/talent, sites and facilities, changes in supply chains and their impact on site selection, and organizing and deploying tech and innovation centers.

“SSG is really an economic developer’s best opportunity for education, high-level networking, and best practice analysis,” says Flynn.

“The activities of the site selectors truly are a great barometer for our industry,” says Foxley. “Hosting the Site Selectors Guild in Salt Lake City is relevant to our mission to bring companies and jobs to the state, and we expect to cover a lot of ground in the two to three days they are here. As we prepare over the next year and a half, we’ll plan a variety of marketing and partner events to best leverage the time of the site selectors, to introduce them to Utah, its government, business, education and civic leaders, and our fantastic business climate. We want to host a conference that will be better than anything they have ever experienced.”

What State is #1 For Business?? Utah!!

Forbes magazine named Utah the 2016 Best State for Business and Careers. Utah has ranked no. 1 on the list six out of the last seven years, with 2016 marking the third consecutive year in the top spot.

“Utah leads by consistently adhering to a conservative economic approach,” said Gov. Gary R. Herbert. “Reducing regulation, spending within our means and finding innovative solutions are important to maintaining our business-friendly environment and benefits Utah residents for years to come.”

Utah has been ranked no. 1 for economic outlook every year since 2008 and currently has the fourth most diverse economy in the country. Forbes listed Utah’s regulatory climate, job growth and fiscally sound government as a few of the reasons the state earned such high marks. In addition, the magazine points to the state’s rapidly growing tech sector as a major boon to its economy. The study, now in its 11th year, incorporates 40 metrics from 17 sources in six categories.

“Utah’s unprecedented partnerships between business, government, education and our communities ensure a winning economy,” said Val Hale, executive director of the Governor’s Office of Economic Development. “Forbes’ intricate methodology highlights our successes, which we achieve through collaboration. It’s only in working together that we’ll continue to see steady, sustainable economic growth.”