Tucked into the growing business landscape of Murray is a company with an unusual name and an even better story behind it. I got to catch up with Dillon Conklin, Peloton’s marketing brass to learn more about the company’s roots, current operations, and where they’re headed.
The name itself is a piece of local trivia worth sharing. Pentalon was founded in 1993 by five turkey farmers, and the name reflects exactly that: “pen,” meaning five, and “talon,” a nod to the farmers’ poultry roots. Three decades later, that small partnership has grown into a company with 65 employees completing roughly $155 million in work each year, primarily multifamily apartment communities across Utah. Pentalon is even building its own new office, right here in Murray, expected to open around spring 2027.
At the helm is CEO Carl Tibbetts, one of the company’s original founders, alongside a leadership team of five that includes Shay Johansen, Justin Torman, Sean Carley, and Andy Mayer. Together, they’ve guided Pentalon under a simple but intentional tagline: ethical, reliable, and respected.
So what makes a company like Pentalon stand out in an industry known for its scale and complexity? According to the team, it comes down to staying personal as they grow. “I would like to probably say it like we’re a Smedium company,” Dillon explained, describing that sweet spot between small and medium-sized businesses. That size means clients get boutique-style attention: direct access to leadership, and the confidence that comes from working with a team where “you’re not just a number on a spreadsheet.”
That philosophy extends to how Pentalon treats its own people, too. Every other year, the company takes employees with five or more years of tenure on an anniversary trip. Next year, roughly 65% of the entire company qualifies. It’s a detail that speaks volumes in an industry where turnover can be high. “You don’t see a lot of people staying at companies for very long,” Dillon noted, “but how many companies can say they have 65% of their employee base earning tenure incentives?”
Pentalon’s fingerprints are also on some meaningful projects close to home. The company is currently building two HUD-funded, tax-credit-supported housing developments aimed at affordability — one downtown and one in Sugar House, across from Fairmont Park. That Sugar House project, a 55-plus senior community, will be named Irma’s at Fairmont, honoring a beloved longtime Sugar House resident known for her lifelong support of the community.
Closer to Murray, Pentalon recently wrapped up The Focal, its largest project to date at 371 units, a project valued at more than $90 million. They’re finishing another development known unofficially as 4410 on Main, just down the street from the company’s own offices near 4400 South State Street.
For a company that started with five turkey farmers and a clever name, Pentalon has built a reputation for staying close to the communities it builds in, one relationship at a time.
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