In addition to tapping the wealth of its abundant energy and human resources, locating in North Dakota will allow your business to maximize profits and minimize costs. And here’s why:

• Real estate costs are the second lowest in the country. A typical 1,200 to 1,500 square foot home in the area sells for between $85,000 and $120,000. Commercial real estate sells for $500 to $1,000 per acre, but most industrial site leases are negotiable, particularly adjacent to existing facilities.
• Tax incentives are available on property, corporate, sales and use, as well as exemptions and subsidies for developingagricultural processes, ethanol and wind energy. A study comparing the comprehensive 10-year tax costs of a 66,000-square-foot manufacturing facility found that North Dakota’s would be lowest among 10 competing locations.
• Electricity costs average 4.1 cents per kWh for industrial users, compared to a national average of 5.2 cents per kWh. Three investor-owned utilities, five generation and transmission cooperatives and 17 distribution cooperatives operate in the state.
• Workers compensation premiums are the lowest in the nation