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Posts tagged as “Aberdeen”

HB 1177 Hoghoused into Texting-Driving Ban, Still Stifles Local Control

House Judiciary hoghoused HB 1177, the distracted driving bill this week. Legislators kept the "We're not really Republicans!" part about trumping local control with state authority: HB 1177 now deems the Legislature "the exclusive regulator of all matters relating to…

White Oak Moves for Section 363 Sale of Northern Beef Packers Assets

Has White Oak already found a sucker buyer for Northern Beef Packers? An eager reader catches notice of a motion filed in bankruptcy court by White Oak Global Advisors on Monday, January 20, seeking authority to sell Northern Beef Packers…

State Cancels Last Chunk of Loan Guarantees to Northern Beef Packers

While economic development dominated Governor Dennis Daugaard's State of the State address yesterday, the Daugaard Administration continued to scramble back from its emblematic economic development failure, the EB-5-visa-backed Northern Beef Packers plant in Aberdeen. Bob Mercer reports that the state…

GOED Reviewer Eide Bailly Lost $48K to Northern Beef Packers

The Aberdeen American News looks at missing state documents and balky Republican legislators and wonders if the reviews and audit the Governor has ordered will produce the answers we South Dakotans deserve. I offer one shred of hope that a…

Going Dutch: Bollen Incorporated Four Nethercorps on Same Date

Joop Bollen, the director of South Dakota's now-scrutinized EB-5 visa investment program, has a proclivity for murky incorporation. Bollen formed separate legal entities to handle each of the EB-5 loan pools that his state-contracted firm solicited for South Dakota businesses.…

NBP Business Plan Low-Balled Costs, Exaggerated Jobs

A January 2008 business plan prepared by Agrifood Solutions International for Northern Beef Packers in Aberdeen offered this estimate of the construction costs then anticipated to put a slaughterhouse in operation by August 2012: As we well know, Northern Beef…