The online family history website Ancestry.com said it has added its 2 millionth active subscriber. The milestone was reached when Yvonne Ocheltree of Collierville, Tenn., signed up to solve a long-standing family mystery about the identify of her maternal great-grandfather. The company was launched in 1996.
buyout of POC
Black Diamond, Inc. has completed the purchase of POC Sweden, a Stockholm-based developer and manufacturer of protective gear for action sports athletes. Black Diamond acquired POC for $44.9 million, with the purchase price made up of 460,065 shares of stock and $40.6 million in cash.
A pair of Utah
get ag grants
The U.S. Department of Agriculture has awarded grants to two Utah firms to conduct feasibility studies designed to reduce energy consumption and costs. Salt Gulch Electric LLC has received $15,000 to review a small hydro power project in Garfield County. The second study will be conducted by Time Energy Associates LLC, which received a $50,000 grant to explore the benefits of constructing a wind farm in rural Utah.
Robert C. Gross has been elected president of the Utah chapter of NACD, the National Association of Corporate Directors. Gross, owner of the Salt Lake City-based mediation firm Robert C. Gross Associates, succeeds Ronald S. Poelman, who will serve as board chair. Gross, a former president of First Interstate Bank and state government leader, practices, advises and teaches the principles of corporate governance to boards, business owners and executives.
Airbus to build
In the battle to dominate the global aviation industry, European aerospace giant Airbus announced its first assembly plant in the United States on Monday, a symbolic and significant step in the competition with archrival Boeing. The French-based company said the Alabama plant is expected to cost $600 million to build and will employ 1,000 people when it reaches full production in 2017.