Saturday, September 23, 2017

Agreement Reached: MDU To Supply Bobcat With Natural Gas -- September 23, 2017

See this post first. Now the update. From West Fargo Pioneer, data points:
  • Gwinner, ND, home of Bobcat
  • 700,000-square-foot Bobcat manufacturing plant in Gwinner
  • company signed 15-year agreement to buy natural gas from MDU
  • in turn, MDU will build a $14 million pipeline to deliver natural gas to the plan
  • pipeline will be in service by later summer, 2018
  • 21 miles long, from a tap in the Alliance Pipeline northeast of Minot, running SW to Gwinner
  • Success has many parents: even ND Senator Heidi Heitkamp applauded this announcement
Thank goodness, ND's governor is not named Cuomo.

The Newest Bobcat

Time Inc To Sell Some Assets

Link, data points:
  • Time Inc will sell several assets, including Time Inc UK
  • will also sell Time Customer Service and a majority stake in the Essence magazine
  • assets to be sold produce about 17% of Time's revenue
  • softness in ad revenue for New York-based publisher of Sports Illustrated, People and namesake Time
I haven't seen a Time magazine in a long time but the last time I looked, a very, very thin publication and selling for about $6.

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