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  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

North Dakota Resources Page
Inward Investment Guides

Shale Oil & Gas Development Changing the Way the Nation Does Business

Charlotte Batson, Owner and Principal, Batson & Company (Q1 2015)
The development of oil and gas resources is driving infrastructure and manufacturing location decisions, while boosting U.S. competitiveness. More

Regional Report: Tax and Incentives Advantages in Plains States’ Encourage Investment in Renewable Energy and Life Sciences

Karen Thuermer (Directory 2015)
In the Wizard of Oz, Dorothy’s Kansas home is blown away by a powerful tornado. Today, this prairie state is harnessing its wind power for economic development gain. And, the generally low tax environment and plentiful incentives are encouraging investment in renewable energy, life sciences, other R&D throughout all of the plains states. More

Shale Gas Revitalizing U.S. Manufacturing Industry…While Environmentalists Have Their Say

Geraldine Gambale, Editor, Area Development Magazine (Directory 2015)
Although some states are rolling back or banning fracking due to potential environmental impact, overall, U.S. shale gas development and production is surging and helping to trigger a resurgence in manufacturing. More

Front Line: Preparing for Takeoff in the Drone Industry

Craig Guillot (Q4 2014)
As drones become smaller, more affordable, and easier to operate, they’re being eyed for use in everything from agriculture to construction and real estate. The Federal Aviation Administration (FAA) says there could be 30,000 of them in American skies by 2020, and according to the Association for Unmanned Vehicle Systems International (AUVSI), the business of manufacturing and flying drones could become an $82 billion industry within 10 years. More

Critical Site Selection Factor #5: Advanced ICT - Companies Look to Visionary Locales

Dale D. Buss, Staff Editor,  (Q4 2014)
The rise of “big data” in nearly every industry vertical has promoted continued importance of a robust information and communications technology (ICT) infrastructure as a site selection factor. More

Energy-Rich States Growing U.S. Economy, Shifting Global Balance

Geraldine Gambale, Editor, Area Development Magazine (Q3 2014)
States with plentiful energy resources exhibited the fastest rates of economic growth last year; nationwide growth in energy-related jobs was more than twice the national average of overall job growth. More

Domestic Oil Production Spurs Regional and Manufacturing Industry Renaissance

Bruce Rutherford, International Director, Global Energy Practice Leader, JLL (Q3 2014)
Today's thriving domestic energy industry is stimulating local economies across the map, from major cities like Denver and Houston, to small towns at the epicenter of shale plays like Williston, North Dakota. More

Leading Locations for 2014: Economic Strength and Year-Over-Year Growth MSAs

Dale D. Buss, Staff Editor,  (Q2 2014)
Nine of the top-10 cities in the Area Development 2014 “Economic Strength” ranking benefited greatly from boom times for oil and gas development and refining, or from their area’s historic and growing position at the forefront of a burgeoning area of the global economy. More

NORTH DAKOTA at a glance

POPULATION:723,393 (2013 estimate)

LABOR FORCE: 400,588 (2013)


TRADITIONAL INDUSTRIES:Agricultural production, mining

EXPANDING INDUSTRIES: Information technology (computer programming services, shared service centers-back offices, manufacturing software, electronic commerce), food processing, industrial and agricultural equipment manufacturing, electronics manufacturing, energy, renewable energy

COLLEGE GRADUATES: (Age 25 and over) 41.0% (2013 ACS estimate)

Corporate Income Tax: The corporate income tax rate was lowered effective January 1, 2013. The current corporate income tax rate range is 1.48 to 4.53 percent with exemptions.

Sales Tax: 5 percent on retail sales of tangible personal property and certain services; more than 100 cities levy local tax, ranging between 1 and 2.5 percent

Property Tax: Administered, levied (at different levels), collected, and expended at the local level to support schools, counties, cities, townships, and other local government units; state does not levy a property tax for general government operations (with exemptions); five-year property tax exemption for new and expanding businesses with two extensions available

Unemployment Tax: 1.22 percent of the first $33,600 of wages per employee for new businesses, nonconstruction Workers' Compensation Tax: Rates apply to only the first $33,600 of wages per employee. Employers may be eligible for a discount on their premium.

North Dakota Department of Commerce — Economic Development & Finance Division:
• North Dakota Development Fund (gap financing)

Bank of North Dakota:
• PACE (interest buydown program)
• MATCH (low-interest loans)
• Business Development Loans
• Micro Business Loan Program

Job Service North Dakota:
• Workforce 20/20
• North Dakota New Jobs Program

Principal Manufacturing industries

  • Machinery
  • Food & Beverages
  • Transportation Equipment
  • Fabricated Metal Products
  • Wood Product/Printing
  • Nonmetallic Mineral Products
  • Computer & Electronic Products
  • Plastics & Rubber Products
  • Furniture & Related Products
  • Other Manufacturing Industries
Source: Job Service North Dakota