Would you pull over and take a picture next to a sign designating North Dakota’s shortest highway? The citizens of Harvey are betting at least a few would, and any little thing that gets people into and through town for a few[...]
Tag: Economic Development
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How oil helped save North Dakota’s largest coal-fired power plant
It’s not that long ago that the news regarding Coal Creek Station was dire. The plant South of Minot was going to close; the 650 jobs it delivered would go with it. But thanks in part to resources and financing opportunities made[...]
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Bakken Energy’s plans for Beulah hydrogen hub fizzle
For now, the project between Basin Electric and Bakken Energy to deliver a hydrogen hub near Beulah is shelved; negotiation between the two companies has ended. The State Industrial Commission had been a big supporter of the project, and the situation leaves[...]
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Creighton University’s Mid-America Economy Survey Releases December Results, Economic Confidence Waning
Creighton University produces a monthly economic report for nine states they have defined as middle America. The survey looks at economic indicators like production, inventories, employment, delivery lead times, prices, etc and puts them all together into a score. In December, that[...]
Curio |
Minnesota businesses get creative amid worker shortage
From pet insurance to flexible scheduling, business owners in Minnesota are innovating out of need, and the need is to adapt and survive amidst a challenging market for employees. It matters in Minot because our economy and businesses are facing the same[...]
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North Dakota partners with O’Leary Ventures on direct investment program
Bismarck, ND — The North Dakota Department of Commerce announced today that the North Dakota Development Fund (NDDF) selected the nationally acclaimed generalist venture capital investment platform, O’Leary Ventures (OLV) as a partner to manage a $45 million direct investment program aimed[...]
Curio |
Dollar Stores Are the ‘Fastest-Growing’ Food Retailers In US, Study Finds
Food is one of those items we all need. But in communities across the country, access to fresh, local grocery stores is increasingly difficult to find. The trend is measurable, and the food source making up the difference — dollar stores. The[...]
Curio |
Montana beef processing ramps up, but more butchers are needed (Is there an Opportunity for Minot Here?)
Since the start of the pandemic, the amount of meat processed in Montana has grown by 75%. The number of cows processed annually is still a drop in the bucket compared to the national numbers, but it’s a small pushback against the[...]
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ND Main Street Initiative reaches 100th community milestone
The Main Street Initiative (MSI) officially reached 100 designated MSI communities last week with Sheyenne becoming the newest community. “We are grateful for everyone across the state who has contributed to these ongoing efforts to create healthy, vibrant communities through the Main[...]
Curio |
Downtown Fargo Developments Expand to Riverfront and Former Parking Lots
The renaissance of downtown Fargo shows no signs of slowing down. Two projects were recently approved by the City Commission. Kilbourn Group will be delivering a $28 million 114-apartment unit development along the riverfront, the goal is to bring that area to[...]
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Curio |
Firm seeks to build solar panel plant in Manitoba
The first phase of a possible solar industry cluster is in the works in southeast Manitoba. Companies of the same industry often cluster together because they benefit from proximity to each other. Sio Silica makes the first ingredient — pure quartz silica[...]
Curio |
North Dakota rancher creates leatherwork ranging from functional to fashionable for clients across U.S.
A SW North Dakota rancher has turned a passion for working leather into a successful side business. It’s a story of quality workmanship, the use of new technology to reach an audience wider than the one in Bowman County and embracing product[...]
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North Dakota Development Fund approves $870K for Q4 2022
The North Dakota Department of Commerce announced today that two companies were approved for a total of $870,000 in loan funds through the North Dakota Development Fund (NDDF) during the fourth quarter of 2022. “Businesses across North Dakota continue to thrive due[...]
Curio |
Relocation Programs Continue to Grow in Numbers in Rural America
One story down in our home page news feed, you’ll read about Finding the Good Life in North Dakota, it’s our state’s effort at telling the story that will attract people to fill all the open jobs that are holding our economy[...]
Curio |
Souris-Glenwood Manitoba seeks place health-care workers can stay
For communities in need of essential workers, all solutions are on the table. And across the border in Manitoba, the small town of Souris needs healthcare workers. They also need places for them to stay. So they’re putting the two problems together[...]
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Trinity rejects MAGIC Fund loan
Toward the end of last year, Trinity Health made a request to the MAGIC Fund, the City of Minot’s economic development resource, for proposed improvements to the soon-to-open new hospital. City Council amended the request for a grant and converted it to[...]