Category Archives: Business News

UND research arm gets $10.7M from NIH
The UND Center of Biomedical Research Excellence (CoBRE) in Host-Pathogen interactions (HPI) has learned that it will continue to receive National Institutes of Health (NIH) funding through the projec...
Pat Sweeney Sep 21, 2021

Lorenson named new president of Alerus Financial
Katie Lorenson has been named the next President and CEO of Alerus Financial, effective Jan. 1st. Lorenson will succeed Randy Newman, who will transition to the role of Executive Chairman of the Board...
Pat Sweeney Sep 21, 2021

GF schools plan info push before election
Grand Forks voters go to the polls one week from today (Tuesday) to decide the fate of the school district's ten mill ask of taxpayers. The increase will generate around $2.5 million dollars annually ...
Doug Barrett Sep 21, 2021

Corporate Center II sale approved
Sold! The Grand Forks Jobs Development Authority last night (Monday) accepted a $2.5 million dollar offer for the downtown Corporate Center II building. Grimsley Consulting submitted the high bid for ...
Doug Barrett Sep 21, 2021

Navy awards $17M contract to GF aerospace firm
Senator John Hoeven today announced that the Office of Naval Research (ONR) has awarded a $17 million contract to Ideal Aerosmith in Grand Forks. Under the contract, Ideal Aerosmith will develop an Ex...
Pat Sweeney Sep 20, 2021

Latest bout over ND royalties goes to oil industry
The latest bout of legal wrangling over the collection of North Dakota oil and gas royalties has been won by the energy industry, over a bill it promoted and was passed by the 2021 state Legislature. ...
Pat Sweeney Sep 20, 2021

GF Corporate Center II sale under review
The potential sale of the Corporate Center II building in downtown Grand Forks will be reviewed by both the Growth Fund and Jobs Development Authority tonight (Monday). Written bids on the potential s...
Doug Barrett Sep 20, 2021

GF Business News: Jobs...car wash & beer
The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that worsening COVID-19 infections may have slightly increased layoffs. Applications for...
Doug Barrett Sep 19, 2021

North Dakota oil production slips to No. 3 behind New Mexico
North Dakota regulators say the state has officially lost its status as the nation's second-biggest oil producer to New Mexico. North Dakota produced just over 1 million barrels of oil per day in July...
Doug Barrett Sep 18, 2021

Enbridge ordered to pay $3M for Line 3 groundwater leak
Minnesota regulators have ordered Enbridge to pay more than $3 million for allegedly violating state environmental law by piercing a groundwater aquifer during construction of the Line 3 oil pipeline....
Pat Sweeney Sep 17, 2021