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Salt Lake's Gillham Advertising Inc., 102 W. 500 So., has been sold to local businessman Tom Owens, a native of Ogden who holds an equity position in local Broadway Productions, 10 W. Broadway a firm which produces videos, commercials and training and marketing films.
Finalization of Owens' purchase of the 11-employee business from Lon Richardson hinged on the U.S. Dept. of Housing and Urban Development's approval of Owens as owners of Gillham. That approval was just recently received, after months of waiting.
Gillham landed a sizable contract with HUD last July to conduct all marketing efforts involving HUD homes in Utah, Colorado, Wyoming and North and South Dakota, Owens explained.
Richardson, whom Owens said sold the business in anticipation of retirement, is remaining at Gillham "sort of as a consultant"...