BUSINESS NEWS: AE2S launches new division ... EAPC marks 10 years ... etc.
AE2S launches new division Regional engineering consulting firm, AE2S, has launched a new financial/ asset management division, AE2S Nexus, which grew out of the need to assist public and private clients with issues beyond traditional engineering...
AE2S launches new division
Regional engineering consulting firm, AE2S, has launched a new financial/
asset management division, AE2S Nexus, which grew out of the need to assist public and private clients with issues beyond traditional engineering services.
AE2S Nexus is led by financial consultant, Brian Osowski, who previously provided commercial financial services, including tax-exempt financing, at Bremer Bank and bond adviser services as a private consultant.
EAPC marks 10 years
EAPC, listed among the top 200 fastest growing architecture, engineering and consulting firms in the U.S., recently celebrated 10 years of business in Fargo.
The Fargo office opened in 2000 after a merger with Geston Duffy and has grown from six original employees to 20 in just the past 10 years. EAPC has offices in Grand Forks.
Altru releases annual report
Altru Health System gave more than $21.6 million back to the community of Grand Forks in 2009, according to Altru's 2009 annual report, available at altru.org/financialreports.
The amount includes more than $20.4 million to charities, $551,000 in education and research initiatives, $352,000 to community health improvement and $290,000 in financial and in-kind donations to community organizations in the region.
Altru employees gave more than 68,000 hours to community benefit efforts. This translates to more than $1.6 million in service to the community. Altru's volunteers provided patients with 22,214 hours of service. According to the Independent Sector, this equals $427,773 worth of contributed time.
U.S. rig count increases by 12
The number of rigs actively exploring for oil and natural gas in the U.S. increased by 12 this week to 1,539.
Houston-based Baker Hughes Inc. said Friday that 953 rigs were exploring for natural gas and 574 for oil. Twelve were listed as miscellaneous. A year ago this week, the rig count stood at 899.
Of the major oil- and gas-producing states, Texas gained 12 and Colorado, Pennsylvania and Wyoming each gained four. California gained three and West Virginia gained two. New Mexico and North Dakota each gained one. Louisiana lost six, Oklahoma lost five, and Alaska and Arkansas each lost one.