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Miscellaneous

Through our Miscellaneous category, Utah Money Watch provides perspective and contextual insights on subjects ranging from Clothing to Media and from Science to Transportation as viewed through the lens of finance.

In a Tragic Holiday Accident, A Utah Family Loses its Daughter and Father/Husband, While a Company Loses its President and CEO

In a Tragic Holiday Accident, A Utah Family Loses its Daughter and Father/Husband, While a Company Loses its President and CEO

The summary of the fatal accident is so absurd, it's hard to believe it actually happened in real life. And yet it did. According to the official announcement from the Utah Highway Patrol, "On Saturday, July 6, 2024, at approximately 12:49 pm, a tow truck carrying

Murray, Utah-based KindlyMD Raises $6.8 Million in Gross Proceeds Through a "Nano Cap" Initial Public Offering

Murray, Utah-based KindlyMD Raises $6.8 Million in Gross Proceeds Through a "Nano Cap" Initial Public Offering

Self-described as a "pain management clinic and healthcare data company," KindlyMD "... is also one of the largest providers of medical evaluation and management services related to treatment recommendations within (Utah's) medical cannabis program ..." Five-year-old KindlyMD "... offers direct health care to patients integrating prescription

Top 12 Financial and Business News Nuggets from the Second Half of May 2024 that You Might have Missed

Top 12 Financial and Business News Nuggets from the Second Half of May 2024 that You Might have Missed

{NOTE: This writeup includes news about 12 Utah-based firms and five executives.}

Utah's Top 10 Monetary, Financial, and/or Business Stories of May 2024

Utah's Top 10 Monetary, Financial, and/or Business Stories of May 2024

In our opinion, these 10 stories represent Utah's Top 10 Newsmakers in May 2024 across the monetary / financial / business ecosystem.

NEWS BRIEF: A Global Leader in French Pastries and Breads Will Spend $220 Million to Build a New Manufacturing Plant in Brigham City, Utah

NEWS BRIEF: A Global Leader in French Pastries and Breads Will Spend $220 Million to Build a New Manufacturing Plant in Brigham City, Utah

Given the size of its Vineland, New Jersey and Canadian manufacturing facilities, I anticipate that Bridor's Utah plant will clock-in at somewhere between 150,000- to 200,000-square-feet when it opens in early 2026.

NEWS BRIEF: Two Utah Firms have been Awarded Multiyear U.S. Military Contracts Worth a Combined $56.6 Million

NEWS BRIEF: Two Utah Firms have been Awarded Multiyear U.S. Military Contracts Worth a Combined $56.6 Million

Two Utah-based firms have recently been awarded multiyear contracts by two branches of the U.S. military worth a combined $56.6 million. The first is Ogden, Utah-based Automotive and Industrial Supply Company (AIS), which was recently awarded a three-year contract by the U.S. Air Force worth $46.6

Utah Set a New Record of at Least $39.2 Billion in Equity Deals in 2023 vs. the Previous High of $31.2 Billion Set in 2021, the Latest "Deal Flow Report" Says

Utah Set a New Record of at Least $39.2 Billion in Equity Deals in 2023 vs. the Previous High of $31.2 Billion Set in 2021, the Latest "Deal Flow Report" Says

M&A activity in Utah in 2023 represented over 91.3% of ALL known equity transactions that occurred in the state last year.