News
Categories: Bank of North Dakota, Industrial Commission
BISMARCK, N.D. – The state-owned Bank of North Dakota (BND) reported total record assets of $10.2 billion at year-end
2022. The growth enabled the Bank to increase its loan portfolio to a record $5.4 billion in loans to the state’s farmers and
ranchers, business owners and students in North Dakota. In addition, the Bank reported a record profit of $191.2 million in
2022, up $47 million from 2021.
Categories: Clean Sustainable Energy Authority, Industrial Commission, Oil & Gas Research Program, Outdoor Heritage Fund, Press Release, Renewable Energy Program
Industrial Commission Announces Summer 2023 Grant Round Schedule for Clean Sustainable Energy Authority, Outdoor Heritage Fund, Renewable Energy Program, and Oil and Gas Research Council.
Categories: Industrial Commission, Lignite Research Program
This order issued on the basis that the Governor is vested with the Executive authority pursuant to Article V, Section 1 or the North Dakota Constitution, and pursuant to NDCC 54-17.5-02. This order shall be effective Immediately and supersedes and replaces Executive Order 2013-05; accordingly, Executive Order 2013-05 is hereby rescinded.
Categories: Housing Finance Agency, Industrial Commission, Press Release
BISMARCK, ND – The North Dakota Industrial Commission has approved North Dakota Housing Finance Agency’s (NDHFA) planned distribution of $200,000 through its Helping Housing Across North Dakota (Helping HAND) program.
Categories: Industrial Commission, Lignite Research Program, Press Release
The next meeting of the Lignite Research Council has been scheduled for 1:30 pm on May 11, 2023. The meeting will be held in Room 335, Bismarck State College National Energy Center of Excellence, 1200 Schafer Street, Bismarck, ND. The Council will consider grant applications for its 102nd grant round. The deadline for submitting applications for consideration at the May 11th meeting is April 3, 2023. Applications may be submitted via email at ndicgrants@nd.gov.
Categories: Industrial Commission, Oil & Gas Research Program, Press Release, Renewable Energy Program
The North Dakota Industrial Commission approved $2.8 million in Oil and Gas Research and Renewable Energy Program matching grants for six new research projects. The funding, generated from oil and gas production tax revenue, supports the growth of North Dakota’s oil and gas industry through research and education. The Renewable Energy Program supports the research and development of industrial technologies such as renewable energy, biofuels, biomass, biomaterials, geothermal and renewable hydrogen.
Categories: Industrial Commission, Lignite Research Program, Press Release
The North Dakota Industrial Commission approved funding last week for a new lignite research project, titled "Lignite Resource Evaluation for Advanced Utilization Opportunities," that focuses on evaluating the potential for extracting rare earth elements and other critical minerals from North Dakota lignite.
Categories: Housing Finance Agency, Industrial Commission, Press Release
The North Dakota Industrial Commission announced five affordable housing projects received conditional funding commitments from North Dakota Housing Finance Agency (NDHFA) in November.
Categories: Bank of North Dakota, Industrial Commission, Press Release
Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as A+/Stable in its annual review released Oct. 27, 2022.
Categories: Industrial Commission, Mill & Elevator, Press Release
The North Dakota Industrial Commission joined employees of the North Dakota Mill, local officials, customers and suppliers today to celebrate the completion of 100 years in operation at the Grand Forks facility, as well as the recent commissioning of the new H and I milling units and the conversion of the D milling unit, resulting in a 22% increase in total milling capacity.