Archives for November 2012

Let them Eat … The Importance of Passing the 2012 Farm Bill Now

The Farm Bill is legislation that governs an array of agricultural and food programs. The importance of such a bill is evident to a state whose major industry is agriculture. The most recent farm bill, The Food, Conservation, and Energy Act of 2008, was enacted in June of that year and is overdue for renewal.… [More…]

Building the Roughrider State

The Bakken Continues to Develop North Dakota’s powerhouse economy, fueled by the millions of barrels of oil gushing out of the Bakken formation, is capturing the attention of the world. What is less obvious is the construction that has both spurred and resulted from the oil boom — and which is sorely needed to keep… [More…]

They’re Good Challenges to Have: Meeting the Needs of North Dakota’s Economic and Population Boom

“We are blessed in North Dakota, and oil and gas development is a big part of our good fortune,” said Governor Dalrymple in a statement. North Dakota is seeing growth in all its industries, including energy, technology, tourism, agriculture and manufacturing. According to news releases from the governor’s office, the state has kicked off the… [More…]

Industry Focus: Bankers

Recently, executives representing banking interests from around the state met at the Bismarck offices of the North Dakota Department of Commerce to discuss the banking boom and its impact on the state.

Paul Rechlin, Lewis & Clark Regional Development Council; Dennis Rodin, USDA – Rural Development; Bob Humann, Bank of North Dakota; Craig Larson, Starion Financial; Tim Hennessy, U.S. Bank; Dean Reese, North Dakota Development Fund; Bon Wikenheiser, North Dakota Small Business Development Center; Robert J. Entringer, North Dakota Department of Financial Institutions; Steven Swiontek, Gate City Bank; Rob Landblom, Roosevelt Custer Regional Council for Development; Dale Pahlke, Dakota Community Bank; Jerry Hauff, Cornerstone Bank; Dale Van Eckhout, Small Business Administration North Dakota; Rick Clayburgh, North Dakota Bankers Association, Ernest Strube, Goose River Bank [More…]

Oil Wells & Water: The Demand Rises

As oil development continues to both enrich and challenge the state of North Dakota, providing access to water for both domestic and industrial use has become one of the most urgent issues that commands the attention of private enterprise as well as government entities. “The main challenge is just the water supply in general,” explains… [More…]

State Revenue and the Tax Department

The mission of the North Dakota Office of State Tax Commissioner is to fairly and effectively administer the tax laws of North Dakota. In other words, the Tax Department serves as the state’s primary revenue collection agency. For instance, during the 2009-2011 biennium, the State General Fund revenue from all sources was about $3.2 billion,… [More…]

Attorneys

Meet Randall Sickler, Ebeltoft, Sickler, Kolling, Grosz, Bouray; John Morrison, Partner, Crowley Fleck; and Jane Dynes, Managing Partner, Serkland Law Firm
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November 2012: Around the State

KKR to Develop Housing in Williston KKR & Co. has announced plans to develop a housing community in Williston. The company has teamed with Pfeffer Capital Advisers LP and CP Realty LLC to invest up to $150 million in the project. The development will cover 164 acres, including as many as 810 apartments and 737… [More…]

November 2012: Business Indicators

The North Dakota economy continues to grow at a phenomenal pace. In sharp contrast with the rest of the nation, the North Dakota construction industry is booming – residential building permits are up nearly 40 percent from last year. The labor market remains the strongest in the nation. Personal income growth is outpacing the national… [More…]

How has your business adapted to North Dakota’s changing business environment?

Six executives share their answers:

Tanner Overland • Owner, Commercial Pilot and Flight Instructor, Overland Aviation, LLC; John A. Brown • Executive Vice President, Independent Community Banks of North Dakota; Eric Ditter • Owner and President, White Dog Development Group; John Leach • Vice President, Loenbro; Joe Rothschiller • President and COO, Steffes Corporation; and Dave Bussard • Leader and General Manager, Staybridge Suites [More…]