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Government

Providing perspective and contextual insights on the monetary aspects of Government within Utah that impacts the citizens of the state, from local to international, including agencies and contractors.

SLC-based Zanskar Geothermal & Minerals has Raised $30 Million in New Funding to Accelerate its Efforts to Uncover Likely Productive Geothermal Sites in the U.S.

SLC-based Zanskar Geothermal & Minerals has Raised $30 Million in New Funding to Accelerate its Efforts to Uncover Likely Productive Geothermal Sites in the U.S.

Zanskar plans to deploy the funds to accelerate technology development and advance its portfolio of greenfield power projects to serve new partnerships.

Utah's Top 17 Business News Nuggets from April 2024 that You Might have Missed

Utah's Top 17 Business News Nuggets from April 2024 that You Might have Missed

{AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are still significant and should be acknowledged as such. Hence, this write-up is designed to specifically focus on Utah's business "news nuggets" from the

Work on $2.74 Billion in Utah Road Projects is Underway (or About to Be), So Start Gritting Your Teeth Now

Work on $2.74 Billion in Utah Road Projects is Underway (or About to Be), So Start Gritting Your Teeth Now

UDOT's plans include "... building new projects to help meet growth demands, maintaining our aging roads and bridges, and building out our transportation network to accommodate drivers, pedestrians and bicyclists.”

Southern Utah University Breaks Ground on its New $37.5 Million, 44,000-Square-Foot Music Center

Southern Utah University Breaks Ground on its New $37.5 Million, 44,000-Square-Foot Music Center

Construction is slated to start in June 2024, with completion targeted in time to host classes beginning with the fall 2026 semester.

The Underwriters of the PACS Group IPO have Exercised their Option to Purchase ~3.21 Million Shares of Common Stock from the Company's Co-Founders

Yesterday evening, Farmington, Utah-based PACS Group (NYSE:PACS) announced that the underwriters of the company's just completed initial public offering have exercised their 30-day option to purchase ~3.21 million shares of PACS common stock from the firm's co-founders at the offering price of $21.00/

Boeing has been Awarded a New Hill Air Force Base Contract Valued at $559 Million over a Five-Year Period

Boeing has been Awarded a New Hill Air Force Base Contract Valued at $559 Million over a Five-Year Period

Under the agreement, Boeing will continue to "operate, maintain and perform testing at the Little Mountain Test Facility at Hill Air Force Base (in westernmost Ogden) Utah. The state-of-the-art site is designed to test functionality of the nation’s current and future intercontinental ballistic missile force, nuclear modernization programs

Texas Instruments Proves it's Quite Serious as it Breaks Ground on its $11 Billion Fabrication Plant in Lehi, Utah

Texas Instruments Proves it's Quite Serious as it Breaks Ground on its $11 Billion Fabrication Plant in Lehi, Utah

With first production slated to start in 2026, TI expects its two semiconductor fabrication plants in Lehi will produce millions of analog and embedded processing chips daily once full production begins later this decade. It's one thing to tell the world you're going to do something,