Archives for August 2012

Save our Country in November: It’s Up to You

As we are bombarded this summer by political ads and robo-calls, it’s tempting to tune it all out and ignore politics altogether. After all, we have more important things to do, don’t we? The answer to that question is “No!” There is nothing more important than finding out which candidates support conservative causes and convincing… [More…]

Banking on a Boom: North Dakota’s Banking Industry

Banks move in cycles just like any other business, flexing and changing with the boom and bust cycles of regional economies. North Dakota’s current boom economy with oil, natural gas, housing and construction is presenting banks with challenges – some of them quite welcome, some of them frustrating. The Banking Environment: “Hello, My Name Is” For… [More…]

Land Issues: Developing the Amber Waves of Grain

It was Will Rogers who famously recommended that people invest in land because “they ain’t makin’ any more.” Well, they ain’t makin’ any more in North Dakota, either, which is why legislators and residents are grappling with a variety of issues relating to its limited supply of what is, in many cases, highly profitable land.… [More…]

Industry Focus: Commercial Real Estate

Several leaders met at the Bismarck offices of the North Dakota Department of Commerce for a roundtable discussion to examine the issues facing commercial real estate:

Lee Fundanet, Complete Hospitality Management; Jeff Manning, Alliance Building Group; Matthew Reichert, Aspen Group Real Estate Services; Bill Daniel, Daniel Companies; Skip Duemeland, Duemelands Commercial Real Estate; Roger Thomas, Burke Construction Group; Roger Cymbaluk, Basin Brokers; Neil Gush, Coldwell Banker and 1st Minot Management; and Michael Fladeland, North Dakota Department of Commerce [More…]

Government Regulations: A Balancing Act

With a production of more than one-half million barrels of oil everyday, North Dakota’s robust oil and gas industry remains a prime target of interest for environmentalists as well as regulators at all levels. “The regulations just continue to pile up,” explains Ron Ness, president of the North Dakota Petroleum Council. “They have people whose… [More…]

August 2012: Around the State

Mercy Medical Center Receives Grant to Expand Patient Access; Disability Health Project Receives Three-Year Federal Grant; Companies Develop Plans for New Refineries; Housing Agency Pledges $4.25 Million to Incentive Fund Projects; Target Logistics Completes Stanley Hotel; BenchMark Energy Corporation Extends Research Agreement with UND; North Dakota State University Receives Endowment from Gate City Bank; Valley City State University’s Online Master of Education Program Ranked “Best Buy” [More…]

Healthcare Reform: Choosing What’s Best for Your Business

In 2014, the Patient Protection and Affordable Care Act (PPACA) will require companies who employ more than 50 full-time equivalent employees to make a choice regarding health insurance coverage. Business owners have several options: to provide health insurance coverage, send employees to an Exchange and pay a penalty of $2,000 per employee per year (excluding… [More…]

Bakken Provides Opportunities and Challenges

With oil production on a steady upswing, opportunities to grow North Dakota’s economy, attract new businesses and expand existing businesses are abundant. However, with these new opportunities come challenges. It is now more important than ever for state and local officials to work together to capitalize on this growth, meet these new challenges, and create… [More…]

Showing You the Money: North Dakota’s Treasurer Speaks Out

It is no secret; the Office of State Treasurer is all about finances.  We manage the state’s checkbook to ensure the availability of sufficient funds while optimizing investment returns.  We invest in North Dakota through our BidND program, keeping our dollars in North Dakota helps our communities.  We distribute over 31 tax distributions to our… [More…]

Telecommunications

Meet Mike Steffan, General Manager/CEO, Northwest Communications Cooperative (NCC); Steve Lysne, General Manager/CEO, SRT Communications Inc.; and Jeff Wilson, General Manager, Dickey Rural Networks [More…]

August 2012: Business Indicators

The national economy continues to languish between recovery and recession. Employment is stable, but lacks the robust growth needed to move the economy forward into recovery. Unemployment is down from a year ago, but remains above 8 percent. Consumer confidence is lacking. Retail sales are up modestly over a year ago, but down in recent… [More…]

What’s your favorite gadget or app?

Six executives share their answers:

Brad Haugeberg • General Manager, Sun Prairie Grain; Jane P. Priebe • Economic Development Director, Wahpeton Economic Development; Wendy Howe • Execuitve Director, Minot Convention and Visitors Bureau; Ellen Huber • Business Development & Communications Director, City of Mandan; Reed Reyman • President/CEO, St. Joseph’s Hospital & Health Center; Marci Seamples • Executive Director, Williston Area Chamber of Commerce [More…]