Grand Forks Economy

[ChadR]

On 10/17/2022 at 12:38 PM, SIOUXFAN97 said:

was wondering what was going in here...

 Developers are eying an eight room inn called The Artisan at 408 DeMers Avenue.

Who is owner of this boutique hotel?

[Goon]

31 minutes ago, ChadR said:

Who is owner of this boutique hotel?

Quote

The Grand Forks Committee of the Whole is set to review on Monday a tax increment financing “pre-application” from Edgewood Development Group LLC, which hopes to add to an existing downtown building. The proposal calls for a 104,000-square-foot addition to the existing 60,000-square-foot building at 322 DeMers. City staff recommend that the committee invite the developer to submit a full application.

here's the link

[SIOUXFAN97]

1 hour ago, ChadR said:

Who is owner of this boutique hotel?

not sure...gonna be pretty cool when it's done tho

[northernraider]

Edgewood Development, the Kilbourne of Grand Forks

[forksandspoons]

I believe that's a different project than the Olive Ann Hotel, which is a new building being built connected to Edgewood and much larger. Maybe they're both being done by the same group, but there are two hotel projects underway downtown.

[forksandspoons]

New soybean crushing plant coming to Grand Forks expects to add 50-60 permanent jobs: 

https://www.grandforksherald.com/business/grand-forks-chosen-as-new-location-for-epitome-energy-soybean-crushing-plant

[fightingsioux4life]

28 minutes ago, forksandspoons said:

New soybean crushing plant coming to Grand Forks expects to add 50-60 permanent jobs: 

https://www.grandforksherald.com/business/grand-forks-chosen-as-new-location-for-epitome-energy-soybean-crushing-plant

Better check to make sure they aren't owned by someone from China. 

[andtheHomeoftheSIOUX!!]

16 minutes ago, fightingsioux4life said:

Better check to make sure they aren't owned by someone from China. 

It is in the article. 

[The Sicatoka]

17 minutes ago, fightingsioux4life said:

Better check to make sure they aren't owned by someone from China. 

If you had "in 30 minutes or less" on a China reference please proceed to a window and cash your tickets. 

[nd jg]

Tried to go to Famous Dave's for lunch today.  Sign on door said closed until further notice,  due to staffing shortage.

[Bison Dan]

No one talking about the Fufeng project debacle?

[homer]

10 minutes ago, Bison Dan said:

No one talking about the Fufeng project debacle?

I assume you mean debacle in regards to federal government? 

[Bison Dan]

5 minutes ago, homer said:

I assume you mean debacle in regards to federal government? 

Anyone surprised on how this played out with the federal govt.

[Shawn-O]

11 minutes ago, Bison Dan said:

Anyone surprised on how this played out with the federal govt.

Nope. But it's Grand Forks.  Had the Air Force not chimed in, they would have found another way to chase them away.   

[homer]

1 hour ago, Bison Dan said:

Anyone surprised on how this played out with the federal govt.

The amount of time it took them to respond…….No.  

[tnt]

Just curious if Fufeng will be allowed to build elsewhere in the U.S., as if they are that dangerous, you would think they shouldn’t be in the country at all.  

[Nodak78]

Grand forks dodged a bullet.  Could had great implications with the AF base, UAV, and aerospace.  Probably more to follow down the.  US is in the process of cleaning up the of CCCP involvement in the US.

[Kab]

Now China has a balloon flying over Montana spying on Missile silos

billings airport was shut down for awhile 

[gfhockey]

16 minutes ago, tnt said:

Just curious if Fufeng will be allowed to build elsewhere in the U.S., as if they are that dangerous, you would think they shouldn’t be in the country at all.  

That’s the interesting part

 

some say if they don’t it was meant for espionage 

[90siouxfan]

if the chinese project was a financial positive, why didn't or doesn't the GOBC make it happen?

[Oxbow6]

14 hours ago, Bison Dan said:

No one talking about the Fufeng project debacle?

Guess the proposed expansion of China Garden is on hold now.......

[The Sicatoka]

If you don't know China has satellite capabilities and electronic interception capabilities as good or better than the US you've not been paying attention. They didn't need an antenna at a corn plant to spy on GFAFB. ... or a balloon over Montana. They can sit up in geosynchronous orbit and listen and watch all day. 

The next obvious question is Cirrus ... owned by a subsidiary of the Chinese government-owned AVIC.  

[The Sicatoka]

One more thought:

When a potential adversary is doing something so obvious and overt ... why?
Because it's a distraction to what else they're doing. 

[N of GF]

15 hours ago, tnt said:

Just curious if Fufeng will be allowed to build elsewhere in the U.S., as if they are that dangerous, you would think they shouldn’t be in the country at all.  

There is new legislation being considered at the federal level that would ban companies tied to foreign governments from buying property in the U.S. I haven't looked into the details, so I'm not sure if this would cover all foreign governments, or just those that we consider to be potential adversaries.

[N of GF]

2 hours ago, The Sicatoka said:

If you don't know China has satellite capabilities and electronic interception capabilities as good or better than the US you've not been paying attention. They didn't need an antenna at a corn plant to spy on GFAFB. ... or a balloon over Montana. They can sit up in geosynchronous orbit and listen and watch all day. 

The next obvious question is Cirrus ... owned by a subsidiary of the Chinese government-owned AVIC.  

Devil's Advocate here. I'm not entirely convinced either direction on the national security issue:

We know when they are orbiting directly above us. We wouldn't know if they set up some surveillance equipment on nearby property. We could do counter surveillance by doing an "OSHA inspection" on the factory, but what's to stop them from removing that equipment when they know the inspection is coming?

Cirrus was a wholly owned American company when it was established in GF. The building was built by Americans, and the admin staff was hired by Americans. Has there been unusually large amount of admin staff turnover since it was sold to a Chinese company? I don't know. The difference with Fufeng would be that a brand-new building is being built by China, which would make it much easier to conceal things, and the admin staff would be hired by China which would put their people in key positions that could help hide such things from inspections. 

edit: also, the tall factory building would have line-of-site surveillance opportunities that the existing cirrus building does not