This is Fred Ball for Zions Bank, speaking on business.
I had a unique opportunity to have lunch with the "Silver Spoons," in Vernal, Utah.
Now, the Silver Spoons are businessmen in the Unitah Basin who are all second-generation business owners. They laughingly gave themselves the name because they inherited their businesses from their fathers, or they had silver spoons in their mouths when they were born.
I heard some great stories as we ate in Zizzi's Restaurant. Wayne Jones told me how his family has been in the transportation business since 1895. His grandfather started in the timber industry and used horses to transport the timber. In 1940, the company began using trucks and became involved with the oil and gas business in the Rangley Field.
The office of R. W. Jones Trucking is like a museum of early transportation industry in the Basin. I loved the photographs of Jones family members and the early equipment that was used. I spent 17 years of my life in the trucking business and have always been interested in equipment and progress of the trucking industry.
The company is a specialized carrier serving customers in Utah, western Colorado, southern Wyoming and Nevada. They move heavy drilling rigs from site to site. They not only move the rigs; they also do tear down and assemble.
Because the equipment is so big and so heavy, special tractors and trailers are needed. I marveled as I walked through the yard to see how huge this equipment is. It was also interesting to see how the tractor/trailers are designed to move over the fields where frequently there are no roads.
R. W. Jones has 45 employees and Wayne and Rose Mary Gondek, his sister, are both optimistic about the future of the oil and gas business in Eastern Utah and for the company.
Wayne and his fellow "Silver Spooners" may have inherited their companies, but I can attest that under the current ownership, those companies are really flourishing.
For Zions Bank, I'm Fred Ball. I'm speaking on business.