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2009
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'Rendered image of planned 80,000 sq ft canola processing plant to be located in Minot's Value-Added Agricultural Complex.' |
BioExx announces canola processing plant expansion into Minot
by the Minot Daily News
Posted on 8/23/2009
Canadian ag processing company BioExx has announced its intent to expand an 80,000 metric-ton per year canola processing facility into Minot's Value-Added Ag Complex and is in the process of completing the necessary financing.
The Toronto-based company is a great match for North Dakota - combining advanced technology with North Dakota-grown canola to generate a high-value end product. The North Dakota Department of Commerce identified Minot to BioExx executives as the ideal location for the expansion of the company.
BioExx states that the company considered several domestic and international locations before deciding on Minot. The major deciding factors were reportedly infrastructure availability and competitive costs, feedstock supply, availability of favorable funding programs, discussions with local utilities, design engineers and contractors and local, regional and national support.
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"US Senator Byron Dorgan praises ING for their 10 years of service in the Minot community". |
ING Celebrates 10 Year Anniversary
by the Minot Daily News
Posted on 8/20/2009
In its ten years conducting business out of Minot, financial services giant ING has grown from several hundred employees when it opened in August 1999 to become the company's largest servicing center in the U.S. at around 900 employees to date.
ING CEO of the Americas Tom McInerney attributed the center's amazing growth and success over the past 10 years to Minot's high-quality and well-educated workforce. "The growth of our Minot facility is a testament to the high-quality work performed by our employees here. It clearly shows that the Greater Minot community offers companies like ING a high-caliber employment base, which is critical to our business success," said McInerney. "We're proud to be part of the Minot community, and plan to be here for many years."
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"Minot's Great Plains Energy Park" |
$1.5 million EDA infrastructure grant awarded to Minot
by the Minot Daily News
Posted on 8/19/2009
Governor Hoeven and North Dakota's US Congressional Delegation announce the awarding of a $1.5 million grant by the US Department of Commerce's Economic Development Administration (EDA) to the City of Minot for the expansion of water infrastructure in east Minot.
As a result of the funding, businesses and residents in east Minot will benefit from an increase in water availability and water pressure. Minot's Great Plains Energy Park™ will also benefit with looped water infrastructure around the second phase of construction at the Park.
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"Minot Mayor Curt Zimbelman and MADC visited Washington D.C." |
$4.3 million requested for Minot's knowledge-based industry
by the Minot Daily News
Posted on 8/1/2009
Minot Mayor Curt Zimbelman and MADC visited Washington, D.C. May 6-9, 2009, to meet with North Dakota's Congressional Delegation to request and garner support for $4.3 million for a local Department of Defense (DoD) related project.
When fulfilled, the funding would help to initiate a business function with a DoD contractor in Minot. This has the potential to grow into four different lines of business activities in Minot that include software development, embedded software development, manufacturing functions, and data center operations.
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Minot's Future is Bright
Posted on 2/23/2009
Over 170 members of the Minot community, business leaders, and local leadership gathered at the Holiday Inn for Minot Area Development Corporation's (MADC) annual Board of Director's meeting to celebrate the success of the past year and listen to keynote speaker James T. Brown, Senior Vice President of Whiting Petroleum Corporation.
Minot's vision to be an oil center in the great Plains and the community's desire to learn more about the petroleum industry led MADC to invite Brown as keynote speaker for the meeting. Brown's message for the Minot community was this: "Plant the crop now!" It is important for Minot to sew the seed, to continue planning by making sure necessary infrastructure is in place. Brown said, "We're going to continue to drill in the Bakken in ND and we're going to be producing oil here for a long, long time."
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