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First Western Bank & Trust, the only locally owned hometown bank in Minot, N.D., has been a household name in that city since 1964. In recent years, the bank has expanded, and a four-story building now being built by Northwest Contracting in downtown Bismarck will replace the bank’s temporary location there.
GRAND FORKS, N.D. – Let’s think short term, medium term and long term. Short term, industrial robots today play only a modest role in manufacturing in Prairie Business magazine’s readership area, as an attached chart from the Brookings Institution suggests. Our region’s metros have only a few robots per thousand workers, compared to the Chicago and Detroit areas and the upper South, where such robots are two to 10 times more common.
Since 2015, Sheri Grossman has been chief executive officer of the Bismarck-Mandan Convention & Visitors Bureau. In this Q&A, she talks about the challenges of North Dakota tourism and the joy of convincing people to visit the community she loves.
Time and again as editor of Prairie Business, I’ve felt an emotion I hadn’t expected when I started the job: optimism. There’s just so much ability in our region, and it’s channeled by so much ambition into so much achievement, that I can’t but think the following when I consider our area’s future: The best is yet to be.
So you missed your chance to get in on the ground floor at Microsoft, eh? And you’ve been kicking yourself for years, ever since you neglected to buy Apple stock when the price was low? Then this is your lucky day. Because now’s your chance to ride the next wave. And best of all, you can catch this particular wave right here the Midwest.
Prairie Business makes a couple of bets in this issue. Cybersecurity is one; the growth potential for this area of the technology industry seems assured. The Bakken is another. One geologist said there’s enough oil there to fill Lake Sakakawea – twice.
When you're recruiting, what's your community's biggest asset -- in other words, the feature that candidates are most impressed by? What tends to be its biggest liability? Once people visit, they are often pleasantly surprised by both the city of Grand Forks and the health system. It’s rarely what they pictured or expected.
What’s the biggest weakness in most people’s insurance armor? For business clients, it is cyber liability coverage. All businesses need this coverage and may not be aware of how vulnerable they are, not only when storing client data and employee records and doing online banking, sales or purchases, but also to ransom, extortion or other cyber attacks.
Across the region, colleges are trying to raise graduation rates — and some are having notable success By Tom Dennis At their Convocation ceremony this fall, University of Minnesota Twin Cities freshmen will be given graduation tassels with the year 2021 on them. The cost of each tassel? Two or three bucks. Don’t be fooled.