We told you recently about plans by Coburns to build near the YMCA in Minot -- now the grocery store chain has announced plans to expand all across the western part of North Dakota. Stores are planned in not only Minot -- but Dickinson, Stanley, Tioga, and Watford City as well.
A company that received MAGIC Fund money from the city of Minot has closed. InfoTech was located in downtown Minot, but has now shut its doors -- citing the slowdown in the national economy as the culprit. Infotech worked to develop software mainly for the US Department of Defense. A Grand Forks office will remain open for InfoTech.
Two companies that have become extremely busy thanks to the energy sector of the economy has joined together. Prairie Truck Equipment and Dakota Fluid Power are now under one ownership group from Sioux Falls. That said...customers should expect to see very little change...
(Curt Schall - Prairie Truck Equipment) "The new owners have told us that the intention is to keep all the same employees, keep the business doing the same type of work and the same products. Pretty much status quo." (Jeff Collings - Dakota Fluid Power) "With the combination of the two companies the customers will gain from what Prairie Truck offers and what Dakota Fluid offers and there will be more value added."
The sale of Prairie Truck became official about a month ago.
With Business Beat, I'm Perry Olson.