Canadian Pacific Railway Ltd. (TSX:CP) is expanding in the U.S. Midwest by paying at least US$1.48 billion for the Dakota, Minnesota & Eastern Railroad Corp., a move that will help CP Rail extend its coal and agriculture business.
“It complements what we do and creates a new footprint for growth,” chief executive officer Fred Green told [...]
The coal industry took another hit when the U.S. Federal Railroad Administration denied Dakota Minnesota & Eastern Railroad’s loan request.
DM&E had requested a $2.3 billion federal loan for its Powder River Basin project, originally proposed in 1998, the Argus Leader reported. Federal Railroad Administrator Joseph Boardman said the loan was too high-risk for taxpayers.
“It’s obviously [...]
Powertech Uranium Corp. has received a state permit to drill 155 exploratory holes to look for uranium in the southwestern corner of South Dakota.
Approval of the permit Wednesday by the state Board of Minerals and Environment is the first uranium exploration permit issued in more than 25 years.
Powertech president Richard Clement said his company hopes [...]
From major economic development announcements and projects in terms of two ethanol plants to the nearly completed expansion of the Wells County Library and state accolades to Norwell students, Wells County experienced good times in 2006.
From the untimely and tragic deaths of several Wells County residents to the closing of an Ossian manufacturing plant that [...]
A project announced Monday would make Emmetsburg the home of the first commercial-scale ethanol plant in the United States to use corn waste — stalks, leaves and cobs — as the raw material to make fuel.
The $200 million project is headed by Broin Companies of Sioux Falls, S.D., which already operates six ethanol plants in [...]
Sioux Falls-based Broin Cos., the nation’s largest dry mill ethanol producer, announced Tuesday that the grand opening for its latest plant will be Dec. 2.
The opening of Prairie Ethanol near Loomis, north of Mitchell, will begin with the Vanguard Squadron, the world’s only 100 percent ethanol-powered aerobatic fleet, performing flyovers at 10:15 a.m. The speaking [...]
South Dakota company said Monday it plans to build the first commercial scale cellulosic ethanol plant in the U.S., meaning it will use corn stalks and leaves — not just the kernels — to produce the renewable motor fuel.
With an investment of about $200 million, Broin Companies plans to expand the capacity of an existing [...]
South Dakota’s top elected officials joined business leaders Tuesday to urge approval of a $2.3 billion federal loan for the Dakota, Minnesota & Eastern Railroad’s expansion plan.
The project, which would haul coal from Wyoming’s Powder River Basin to Midwest power plants, also would create thousands of jobs and boost the rural economy in South Dakota [...]
Trains rumble slowly through downtown about three times a day, blocking traffic for a few minutes on the threshold of the Mayo Clinic.
The inconvenience isn’t a big deal to many of this city’s 95,000 residents. “Trains are romantic” and played a key role in the area’s history, says John Hunkele, 50, a baker.
But a plan [...]
