John Hageman covers local business and Grand Forks' legislative delegation. Get more business news at aroundtown.areavoices.com.
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An emotional meeting about an unpaid $510,000 economic development loan ended Tuesday with no formal action from the East Grand Forks City Council . The joint meeting between the City...
The East Grand Forks City Council and the Economic Development and Housing Authority board will hold a joint meeting Tuesday night to discuss their next steps over an unpaid $510,000 economic development loan. The meeting will be open to the public, unlike two recent meetings that took place behind closed doors. The city loaned $510,000 to Boardwalk Enterprises in 1999, with payments to begin in 2003, to help construct the Boardwalk building downtown.
Over the past 20-plus years, Advanced Engineering and Environmental Services has had a hand in some of the largest water-related infrastructure projects in the state. So it's perhaps fitting that the first cramped office Steve Burian and Charlie Vein shared included its own, albeit makeshift, water system. "One wall had a trough on it that we didn't quite understand until spring came and the water would percolate right through the wall, fall into that trough and then go out the building," said Burian, the company's CEO. The two moved out of those digs long ago, and they've added a lot of he
Antonina Kuznetsov took an interest in the beauty products she was using at an early age. And after doing some research, she found many of the ingredients in those products were potentially unhealthy.
Q. How did G.F. Truss get its start? A . After working at this location for 26 years, I purchased the business, land and buildings. Q. What services do you...
The Valley Prosperity Partnership will give a status report to local stakeholders in Fargo today. The meeting comes after the group released a plan in May to work on issues that affect the Red River Valley. The partnership, which includes business and higher education leaders, began in 2012 with a $100,000 investment by William C.
Members of the East Grand Forks Economic Development and Housing Authority board interviewed candidates for the vacant director position Monday night, including one of their own. The board interviewed Mark Olstad, a current East Grand Forks City Council and EDHA board member, Tom Rerick, chief financial officer of Altendorf Transport in Minto, N.D., and Paul Gorte, an assistant director of planning for the city of Eagle Pass, Texas. Almost 20 people applied for the position.
Falling oil prices are on the minds of many in North Dakota, where the industry has brought unprecedented wealth and state revenue. And while government officials and economist anticipate some sort of effects, it remains to be seen how long it might take for prices to rebound. A Moody's Analytics report from October provided by state Sen. Ray Holmberg said North Dakota "will navigate through lower oil prices gracefully" in the near term.
The city of East Grand Forks received word this week that an appraisal of the Boardwalk building has been completed, which will be used in coming discussions over an unpaid $510,000 economic development loan. City Administrator David Murphy said the report was received Thursday.
Manufacturing is making a comeback. As the global recession hit in late 2007, manufacturers across the country and locally shed jobs. Both North Dakota and Minnesota have added thousands of jobs since the summer of 2009, when the economic recovery officially began, but still remain below pre-recession employment levels. That could change next year.