NATIONAL — Outdoor gear companies Cabela’s and Bass Pro Shops are getting the green light to merge. Cabela’s shareholders voted yes on the deal and will be paid $61 a share. The entire merger is worth about $4.2 billion. Combined, the company will have 177 locations nationwide. Amazon is in the midst of its annual Prime Day, which is…
NATIONAL — Arts and crafts chain Hobby Lobby has settled a civil action lawsuit and is being fined $3 million dollars by the federal government for smuggling ancient Iraqi artifacts. The Justice Department accused the company of smuggling cuneiform tablets and clay artifacts from modern-day Iraq into the U.S. They say a supplier shipped falsely labeled items to Hobby…
NATIONAL — While many people are raising a glass today to toast the United States, only a few are probably doing it with tequila that costs thousands of dollars a bottle. Clase Azul is a company that specializes in luxury tequilas that are hitting the market. It costs $30,000 a bottle and comes in a hand-sculpted, hand-painted ceramic decanter. The…
MORTON COUNTY, ND — The dispute over American Indian artifacts and the construction of the Dakota Access pipeline will not be over any time soon. North Dakota’s Public Service Commission filed a complaint in November of 2016 saying Energy Transfer Partners, the company behind the pipeline, improperly reported the discovery of the artifacts. They proposed a $15,000 fine. They…
RED RIVER VALLEY — American Crystal Sugar employees are preparing to vote on a new five year labor contract that will cover 1,300 employees in Moorhead, East Grand Forks, Crookston and other areas. Company officials met with the union at least eight times and are offering base pay increases and a one-time incentive offer pertaining to a signing bonus…
FARGO, ND — You can soon buy your favorite local beer at the store! Starting Monday, Drekker Brewing Company will begin selling four packs of 16 ounce cans you can take home from their north Fargo location. On the 24th, you’ll start to see them on the shelves of local liquor stores. The brewery added two fermenting tanks to make…
FARGO, N.D. — A Midwestern distributor of industrial electric supplies opens its 13th location right here in Fargo. Werner Electric held a grand opening this morning at 100 36th Street South, meeting with many potential clients. They’re a full-line distributor of electric supplies, mainly for manufacturers, industrial contractors and machine builders. The company’s president is excited to open in Fargo…
ARDEN HILLS, Minn. — Minnesota-based Land O’ Lakes has purchased Vermont Creamery. The company will continue to make goat cheese, cultured butter and fresh dairy in Websterville, Vermont. Co-founders Allison Hooper and Bob Reese said the company has experienced growth and it needs a partner that will help it realize its business potential. The president and CEO of Land…
RED RIVER VALLEY — As JCPenney prepares to announce a list of closings around the country, the stores in Wahpeton and Thief River Falls are expected to be closed. Employees have been told the Thief River Falls location will be closing in June after over 80 years in business. An online petition backed by the chamber to save the…
FARGO, N.D. — If you’re not sure what direction your company is headed, there’s a prescription for small business success. A local group of professionals with years of experience hosted a Business Owner’s Strategic Solutions Luncheon at the Holiday Inn. Members of Small Business Rx Alliance talked everything from rewarding employees to tax deductions to retirement. The business leaders shared…
