UV50 Economic Engines: Peg Companies
LET’S GET REAL (ESTATE) — PEG companies is taking things up a peg. The Provo powerhouse has a thousand employees across the country investing, developing, and managing various properties. From hospitality to multi-family housing to student housing (and many, many sectors in-between), PEG has developed more than $1.2 billion in real estate and is building […]
No. 10 Economic Engines: Peak Capital Partners
CITY Provo FOUNDED 2006 EMPLOYEES 1,000 INDUSTRY Real estate/private equity WEBSITE PeakCapitalPartners.com FOUNDERS Jeff Burningham, 44; Jamie Dunn, 44; Jeff Danley, 47 THE COMPANY An owner and manager of conventional, affordable, and student apartment communities in growth markets in the U.S. LIME OF THEIR LIFE 1. Peak has acquired and managed $4.1 billion of apartment […]
No. 9 Economic Engines: Young Living
CITY Lehi FOUNDED 1993 EMPLOYEES 3,200 INDUSTRY Essential oils/direct sales WEBSITE YoungLiving.com FOUNDER Mary Young, 71 THE COMPANY An essential oils company distributed through a direct sales model. LIME OF THEIR LIFE 1. Young Living earned more than $2.2 billion in sales last year and has 6 million brand partners. It has more than 270 […]
No. 8 Economic Engines: MX
CITY Lehi FOUNDED 2010 EMPLOYEES 700 INDUSTRY Financial technology WEBSITE MX.com FOUNDER Ryan Caldwell THE COMPANY A provider of money management software. LIME OF THEIR LIFE 1. MX raised $300 million in Series C funding this year — the largest single round of funding for a private company in Utah. This increased MX’s market share […]
No. 7 Economic Engines: Nu Skin
CITY Provo FOUNDED 1984 EMPLOYEES 4,900 INDUSTRY Beauty/wellness/direct sales WEBSITE NuSkin.com CEO Ryan Napierski THE COMPANY A developer of skin care and nutritional products. LIME OF THEIR LIFE 1. Nu Skin is forever young and forever fierce — it did $2.58 billion in sales in 2020. 2. The company is publicly traded on the NYSE […]
No. 6 Economic Engines: Colliers
CITY Pleasant Grove FOUNDED 1999 EMPLOYEES 250 INDUSTRY Commercial Real Estate WEBSITE Colliers.com FOUNDER Brandon Fugal, 48 THE COMPANY A real estate services and investment company. LIME OF THEIR LIFE 1. Colliers International is the No. 1 commercial real estate firm in Utah — as well as No. 1 in the Intermountain West. 2. Colliers […]
No. 5 Economic Engines: Domo
CITY American Fork FOUNDED 2010 EMPLOYEES 850 INDUSTRY Enterprise software WEBSITE Domo.com FOUNDER Josh James, 48 THE COMPANY A cloud-based software company for digital transformation that puts data into the hands of everyone across an organization. LIME OF THEIR LIFE 1. Domo is publicly traded on the NYSE and has watched its stock catapult this […]
No. 4 Economic Engines: Clyde Companies
CITY Orem FOUNDED 1926 EMPLOYEES 4,612 INDUSTRY Construction/materials/insurance/land development WEBSITE ClydeInc.com FOUNDER Wilford Clyde THE COMPANY An administrative agency that supports the needs of subsidiary organizations that span the construction, building materials and insurance industries. LIME OF THEIR LIFE 1. Since 1926, Clyde has been building Utah. Literally. It’s subsidiaries are W.W. Clyde, Geneva Rock, […]
No 3. Economic Engines: Savory
CITY Lehi FOUNDED 2008 EMPLOYEES 2,750 INDUSTRY Food and beverage WEBSITE SavoryFund.com FOUNDERS Shauna Smith, 43; Andrew Smith, 46 THE COMPANY A restaurant investment, development and management company focused on emerging, growth-ready brands. LIME OF THEIR LIFE 1. In the past year, Savory closed on not just one — but two! — $100-million funds. […]
No. 2 Economic Engines: Peg Companies
CITY Provo FOUNDED 2003 EMPLOYEES 1,000 INDUSTRY Real estate development WEBSITE PegCompanies.com FOUNDER Cameron Gunter THE COMPANY A vertically integrated commercial real estate firm focused on investment, development and asset/property management. LIME OF THEIR LIFE 1. PEG’s growth is expansive and rapid. They now encompass six entities under the PEG Companies umbrella: PEG Capital Partners, […]
No. 1 Economic Engines: Qualtrics
CITY Provo FOUNDED 2002 EMPLOYEES 4,000+ INDUSTRY Technology WEBSITE Qualtrics.com FOUNDER Ryan Smith, 43 THE COMPANY An enterprise platform that organizations use to collect, manage and act on experience data. LIME OF THEIR LIFE 1. The headline may be a repeat — but it never gets old: Qualtrics Makes History. In January 2021, the Provo […]
2021 UV50: Economic Engines
Let’s turn the spotlight to the companies powering our local economy. These 10 green giants are employing thousands, garnering fame, giving back, and sharing the light.
2020 UV50: 10 Economic Engines
This is some legendary luck. Meet 10 local leprechauns powering the pot at the end of Utah Valley’s rainbow. THE FINE PRINT The Economic Engines list is selected by BusinessQ’s editorial board and is ranked based on factors including annual revenue, number of employees, contributions to Utah County’s economy and community, as well as timely […]
UV50 Startups To Watch: No. 3 Route
FOUNDED 2019 CITY Lehi EMPLOYEES 65 INDUSTRY Technology/Consumer Application WEBSITE Route.com FOUNDER Evan Walker, 39 THE COMPANY An app that allows customers to visually track packages from anywhere, all in one place. HAPPY GO LUCKY Well, it’s a Route time! Founder Evan Walker ordered some rare antiques when he was traveling through Italy, but he […]
UV50 Economic Engines: No. 10 Xactware
CITY Lehi FOUNDED 1986 EMPLOYEES 550 INDUSTRY Technology WEBSITE Xactware.com PRESIDENT Mike Fulton, 58 THE COMPANY A provider of estimating software, building cost data and workflow management solutions to the property insurance, remodeling, real estate and property management industries. MANY HAPPY RETURNS Xactware is the No. 1 provider of property insurance estimating tools and data […]
UV50 Economic Engines: No. 1 Colliers
CITY Pleasant Grove FOUNDED 1999 EMPLOYEES 260 in Utah INDUSTRY Commercial Real Estate WEBSITE Colliers.com CHAIRMAN Brandon Fugal, 46 THE COMPANY A real estate services and investment company. MANY HAPPY RETURNS Colliers International closed more than $3.1 billion in transactions over the past year in Utah. Colliers International has 14,000 professionals in more than 500 […]
UV50 Economic Engines: No. 9 Clyde Companies
CITY Orem FOUNDED 1997 EMPLOYEES 3,100 INDUSTRY Construction WEBSITE ClydeInc.com FOUNDER Wilford Clyde, 65 THE COMPANY An administration agency that supports the needs of subsidiary organizations that span the construction, building materials and insurance agencies. MANY HAPPY RETURNS Since 1926, Clyde has been building Utah. Literally. Its subsidiaries are W.W. Clyde & Co., Sunroc Building […]
UV50 Economic Engines: No. 5 Four Foods Group
CITY American Fork FOUNDED 2008 EMPLOYEES 5,325 INDUSTRY Food and Beverage WEBSITE FourFoodsGroup.com FOUNDERS Andrew K. Smith, 44; Shauna K. Smith, 41 THE COMPANY A restaurant investment, development and management company focused on emerging brands looking for hyper growth. MANY HAPPY RETURNS Here is the taste of the town. Four Foods Group breached $1 billion […]
UV50 Economic Engines: No. 4 Nu Skin
CITY Provo FOUNDED 1984 EMPLOYEES 1,600 INDUSTRY Beauty/Wellness/Direct Sales WEBSITE NuSkin.com CEO Ritch Wood, 53 THE COMPANY A developer of skin care and nutritional products primarily in the anti-aging market. MANY HAPPY RETURNS Nu Skin is forever young and forever fierce — it did $2.68 billion in sales in 2018. Through its Nourish the Children […]
UV50 Economic Engines: No. 6 doTERRA
CITY Pleasant Grove FOUNDED 2008 EMPLOYEES 2,000 INDUSTRY Health and Wellness/Direct Sales WEBSITE doTERRA.com FOUNDER David Stirling, 56 THE COMPANY A producer and distributor of essential oils, including personal care products, nutritional supplements and healthy living products. MANY HAPPY RETURNS doTERRA is an essential leader in essential oils and is a $1.5 billion company with […]
UV50 Economic Engines: No. 2 Qualtrics
CITY Provo FOUNDED 2002 EMPLOYEES 2,800 INDUSTRY Technology WEBSITE Qualtrics.com FOUNDER Ryan Smith, 41 THE COMPANY An enterprise platform that organizations use to collect, manage and act on experience data, also called X-data™. MANY HAPPY RETURNS Remember that time Qualtrics sold to SAP in January 2019 for $8 billion, the largest private enterprise software acquisition […]
UV50 Economic Engines: No. 8 Ancestry
CITY Lehi FOUNDED 1983 EMPLOYEES 1,600 INDUSTRY Technology/Family History WEBSITE Ancestry.com CEO Margaret Georgiadis THE COMPANY The world’s largest online resource for family history and consumer genetics. MANY HAPPY RETURNS Ancestry has good genes — and the records to prove it. It hosts the world’s largest online collection of family history records — 20 billion […]
UV50 Economic Engines: No. 7 Adobe
CITY Lehi FOUNDED 1982 EMPLOYEES 22,000 INDUSTRY Software WEBSITE Adobe.com THE COMPANY A provider of digital marketing and digital media solutions. MANY HAPPY RETURNS It’s been 10 years since Adobe purchase Orem-based Omniture for $1.8 billion, ultimately leading the $8.725-billion global giant to set up shop in Utah Valley. In 2012, it built a 280,000-square-foot […]
2018 UV50 Winners: Mind Your Business
By Briana Stewart + Jeanette Bennett Prepare to have your mind blown, because we think the world of these 50 Utah Valley companies. They’re speedy. They’re strong. They’re self-starters. But the best part? Great minds don’t all think alike. These genius companies have all achieved success by thinking outside their own dang box. Ready to […]
Josh James and Andrew Smith hit all three lists of BusinessQ’s UV50 with their respective companies and sass (not SaaS)
Josh James and Andrew Smith both grew up in Chicago — just one school away from each other. They wrestled and played soccer (and there’s a prize for anyone finding a pic of them in uniform going against each other). These two are known for their flowing locks, and they both say “freaking.” They’ve each […]
UV50 Economic Engines: No. 1 Young Living
Young Living President Jared Turner was 16 when the company opened in 1993 with Gary and Mary Young’s vision to distill oils from the earth and share them across the globe. With Gary’s passing earlier this year, this Lehi company is now co-led by Mary and Jared, who first joined the Young Living family as […]
UV50 Economic Engines: No. 3 Colliers International
City Pleasant Grove Founded 1999 Employees 12,000 (215 in Utah) Industry Commercial Real Estate Website Colliers.com CEO Brandon Fugal, 45 The Company A real estate services and investment management company. Brains + Brawn Mind Their Business 1. Colliers International facilitates over 85 percent of all commercial transactions in Utah Valley. 2. It is the fastest-growing publicly-listed […]
UV50 Economic Engines: No. 2 Qualtrics
CITY Provo FOUNDED 2002 EMPLOYEES 1,500 INDUSTRY Technology WEBSITE Qualtrics.com FOUNDER Ryan Smith, 40; Scott Smith; Jared Smith; Stuart Orgill THE COMPANY An enterprise survey platform provider. BRAINS + BRAWN MIND THEIR BUSINESS 1. Survey says Qualtrics is dominating, starting with its most recent valuation of $2.7 billion in July 2018. While the company is […]
UV50 Economic Engines: No. 1 Young Living
City Lehi FOUNDED 1993 EMPLOYEES 3,500 (2,600 in Utah) INDUSTRY Direct Sales WEBSITE YoungLiving.com CEO Mary Young PRESIDENT Jared Turner THE COMPANY An essential oils company distributed through a direct sales model. BRAINS + BRAWN MIND THEIR BUSINESS 1. Young Living is on pace to make $2 billion in sales this year and has 5.6 million […]
UV50 Economic Engines: No. 4 Nu Skin
City Provo Founded 1984 Employees 1,600 Industry Beauty + wellness/direct sales Website NuSkin.com CEO Ritch Wood, 52 The Company A developer of skin care and nutritional products primarily in the anti-aging market. BRAINS + BRAWN MIND THEIR BUSINESS 1. Nu Skin did $2.28 billion in revenue in 2017. 2. 600 million meals have been donated […]