GF Business News: Delta…Journey Home and Bernie’s Update
Consumers increased spending from May to June, underscoring their resilience despite painfully high prices at the gas pump and in grocery store aisles and allaying fears that the economy was on the verge of a recession. Retail sales in the United States rose 1% in June, after falling 0.1% in May.
Panasonic Corp. claims the company has chosen the state of Kansas as the location for a multi-billion dollar mega-factory to produce electric vehicle batteries for Tesla and other automakers. The company was lured to Kansas by taxpayer-funded incentives worth $829 million over 10 years. The company says it will invest about $4 billion, and state officials expect the new plant to have about 4,000 workers.
The Labor Market Information Center has released the latest Online Job Openings Report (OJOR), a monthly summary of online job openings and active CVs from the Job Service labor exchange system. North Dakota. North Dakota had a total of 18,113 online job openings open and available in June 2022, a change of -6.6% (-1,283) from the previous month. In Grand Forks County, there were 1,646 online job postings, down 176 from May.
The North Dakota Department of Commerce has announced the latest campaign to help those interested in relocating to North Dakota. The Good Life in North Dakota is the latest talent attraction and marketing campaign dedicated to informing people out of state about employment opportunities. The initiative also includes strategic marketing that will target four personalities: boomerangs, young families, recent college graduates and veterans to drive traffic to the refreshed website.
Summer is off to a good start for Delta Air Lines. The airline says it earned $735 million in the second quarter as planes were packed with vacationers. Still, earnings per share fell short of Wall Street expectations. Delta attributes this to high fuel prices and several thousand canceled flights in May and June.
The Grand Forks Planning and Zoning Commission has approved a conditional use permit for a pet boarding facility at 728 Red Dot Place. Journey Home Animal Rescue is looking to occupy 3,300 square feet of space in an industrial office building. The group plans to temporarily house 20 or fewer animals. The site comes with an outdoor space. The code would allow up to 66 animals.
East Grand Forks council will consider an application for a liquor license for Bernie’s restaurant on Tuesday. The restaurant owned by Food Network’s Molly Yeh will be located in the former location of Whitey’s and Sickies at 121 Demers Avenue. Sickies closed in August 2021. Bernie’s is expected to open later this year.
The U.S. Department of Transportation has selected United Airlines for an Essential Air Service (EAS) contract serving Dickinson’s Theodore Roosevelt Regional Airport. Under the contract, United will continue to operate 12 nonstop round trips per week to Denver until September 30, 2024.
Minnesota Department of Agriculture Commissioner Thom Petersen and Deputy Commissioner Andrea Vaubel will join Minnesota agriculture industry leaders on a USDA Agribusiness trade mission to the Philippines this week (from 17 to July 21). The Philippines is Minnesota’s eighth-largest agricultural export market, worth more than $144 million annually to the state.
Kevin Hatcher recently joined the Grand Forks Region Economic Development Corporation (EDC) as a business developer. Hatcher will develop and implement strategies to support the recruitment and expansion of primary sector businesses in Grand Forks County. Hatcher comes to EDC from the East Grand Forks Department of Water and Lighting where he served as an energy and customer service specialist.
The City of Grand Forks has issued a $610,000 building permit for a new commercial building at 3151 32nd Avenue South. The permit mentions a new Caribou Coffee at this location.
UnitedHealth Group raised its 2022 guidance after lifting both growing health insurance enrollment and its new care delivery business to a better-than-expected second quarter. The healthcare giant said a nearly 9% increase in Medicare Advantage customers pushed its total enrollment to more than 51 million people. UnitedHealth Group operates UnitedHealthcare, one of the nation’s largest insurers.
Rydell completed the acquisition of Lithia Toyota last week. The store will be called Rydell Toyota of Grand Forks. “It’s a very exciting time for us,” Rydell general manager Ben Cahalan said.