AGP Executive Report
Last update: an hour agoRefining: CVR Energy agreed to buy Marathon Petroleum’s Mandan refinery and St. Paul Park facility for $4.2 billion. The deal would nearly double CVR’s crude-processing capacity and bring North Dakota’s 72,000-barrel-a-day plant into a larger Upper Midwest network. Hiring: Securitas is recruiting in Ellendale and the Fargo area to cover more than 2,000 additional work hours weekly, with positions starting at $25 an hour. Economic Development: Lawmakers are weighing the future of the North Dakota Development Fund after an audit found nearly $4 million in loans and grants lacked complete paperwork. A follow-up performance audit may require legislative action. Hospitality: An investor group is pursuing the Canad Inns destination center in Grand Forks, with plans for Radisson branding, room upgrades and a restaurant reopening if the sale proceeds. Business Expansion: Fargo-based Eide Bailly is adding Texas accounting firm JTaylor, extending its growth strategy after a private-equity investment.
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