Jon M. Huntsman School of Business

learn about the latest and greatest from the School of Business

Friday, November 4, 2011

School's namesake featured in SL Trib today

Today, the Salt Lake Tribune published an interview with our school’s namesake, Jon Huntsman Sr., as he was getting ready to dedicate a $100 million expansion at the Huntsman Cancer Institute in Salt Lake City. Throughout the interview, Huntsman speaks “candidly about the state of the nation’s economy, the effect the downturn is having on charitable giving and the role he sees private enterprise playing in the battle to help relieve human suffering around the world.”

Some highlights:

• “…When we talk about the (downturn in the) economy, I have to ask myself what does that mean? It means I will have to raise more money. I have to give more money and find more avenues to tap into to keep this facility and others going and productive. “

• “We’ve been building our business for 41 years and now produce 12,000 products. We help make plastics that go into airliners. They replace metal parts so the planes are more fuel efficient and safer. We are one of the world’s largest producers of soaps and detergents to make the world cleaner and people happier and more beautiful.”

• “I’m totally lost as to why people don’t either give their money away like we are trying to do to help those who are suffering, or investing it in something that will create jobs.”

• “My wife and I started contributing to charitable causes when we were first married and only making $300 a month. As we were able to make more money we were able to continue to give to charity, while at the same time keeping our businesses sufficiently supplied with capital for growth and expansion. We’ve been able to give over $1 billion away, and our business is stronger than ever.”

To read the full interview, click here.

No comments:

Post a Comment