May 26, 2004
This is Fred Ball for Zions Bank, speaking on
business.
When I think of Cache Valley, I almost always
think of cheese — until now. Inovar, Inc., a
high-tech electronic company in the heart of Cache
Valley, is cashing in on Logan's resources and is
recognized as one of the 100 fastest growing
companies in Utah.
When Inovar was operating six years ago with 15
employees in an old converted garage, no one would
have guessed it was on its way to becoming a
leader in its industry. Today, with 140 employees
and a new 25,000-square-foot facility, Inovar has
managed to keep its small-town company feel, while
still attracting top names in the electronic
industry. Inovar President Blake Kirby tells me he
believes in the old proverb, "If you build it,
they will come." And now the company has 35
clients, each specializing in different products
for the medical, industrial, computer, wireless or
consumer markets.
Inovar doesn't manufacture its own products,
but specializes in providing electronic
manufacturing services to companies looking to
outsource. This way, other companies can hire
Inovar to build the electronic brain of their
products. For example, Inovar is responsible for
the blenders used in many juice and coffee bars
and is the genius behind many medical computers.
Inovar relies on Utah State University's
top-notch engineering and business graduates to
join its staff. In fact, when Inovar considered
relocating to Salt Lake City, its relationship
with the university was weighed and deemed
important enough to stay in Cache Valley.
Although far from Silicon Valley, Calif., this
once small, but innovative, electronic company has
taken its own chunk of the industry. Restructuring
the company five years ago and moving into a new
facility has attracted nationwide clients,
including Merit Medical, Qualcomm, Edge Products
and Maxstream. Inovar has been innovative in
finding its niche and, like so many good ideas, it
all started in an old converted garage.
For Zions Bank, I'm Fred Ball. I'm speaking on
business.
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