Category Archives: Business News

Norsk Hostfest takes over management of its Scandinavian festival in Minot
(AP) - Norsk Hostfest's Board of Directors has moved to take over management of the annual festival in Minot. The board thanked financially troubled Epic Companies based in West Fargo for managing the...
Jim Johnson May 30, 2024

State Mill and Elevator reports strong third-quarter profits
(KNOX) - North Dakota's state-owned Mill and Elevator reported good results for the third quarter of its fiscal year. Manager Vance Taylor says The mill reported profits of nearly $5.2 million - up 8 ...
Jim Johnson May 29, 2024

Bank of North Dakota reports record profits in 2023
(KNOX) - The state-owned Bank of North Dakota reported record profits of $192.7 million at year-end 2023 that put total assets over the $10 billion mark. The bank's profits are used to support loan pa...
Jim Johnson May 28, 2024

Grand Sky has its first DOD UAS contract
(KNOX) - Project ULTRA... or UAS Logistics, Traffic, Research and Autonomy... has its first Department of Defense Task Order as part of the unmanned aircraft project at Grand Sky. The Grand Forks Coun...
Jim Johnson May 28, 2024

GFK visits the JumpStart Air Service Development Conference
(KNOX) - The executive director of the Grand Forks Airport Authority just returned from the Jump Start Air Service Development Conference in Washington, DC. Ryan Riesinger says the object is to meet w...
Jim Johnson May 23, 2024

Berntsen named chief legal and compliance officer for Xcel Energy
(KNOX) - Xcel Energy has named Rob Berntsen as the company's executive vice president and chief legal and compliance officer. Berntsen takes over the role from Amanda Rome, who held the position on an...
Jim Johnson May 20, 2024

GFK reports decrease in monthly passenger boardings during April
(KNOX) - Grand Forks International Airport was the only one of North Dakota's eight major airports to report a decrease in monthly passenger boardings. The North Dakota Aeronautics Commission says 7,0...
Jim Johnson May 14, 2024

Xcel Energy breaks ground for new service center
(KNOX) - Xcel Energy officials and community leaders kicked off construction of the company's new Grand Forks Service Center. The company is building its new facility at its existing property off Deme...
Jim Johnson May 08, 2024

Groundbreaking set for Xcel Energy Service Center
(KNOX) - Xcel Energy officials and Grand Forks community leaders will formally kick off construction of the new Xcel Energy Service Center on Wednesday. The new center will be about 30 percent larger ...
Jim Johnson May 07, 2024

GFK gets $2.9 million for runway reconstruction
(KNOX) - The Federal Aviation Administration (FAA) is awarding $2,918,323 to the Grand Forks Regional Airport Authority for the reconstruction of 4,206 feet of runway. The Cavalier Municipal Airport A...
Jim Johnson Apr 25, 2024