Monday, February 6, 2012

Former Flying J donates millions to Utah business schools

The Jon M. Huntsman School of Business at Utah State University and the David Eccles School of Business at the University of Utah each will receive $1.75 million, FJ Management Inc. said Monday.
Each school will receive $1 million to fund new career services centers that will bear the Flying J name. Each will get an additional $750,000 over a 15-year period for FJ Management employees who apply for scholarships.
The donation will help students pay for their higher education, Douglas Anderson, dean of Utah State’s business school, said.
FJ Management is the new name of Flying J adopted after the restructured company emerged from bankruptcy in 2010. FJ Management was converted from an oil company whose main business was a network of travel plazas and truck stops in the U.S. and Canada into a holding company for financial services and energy businesses. Salt Lake Tribune