REDI, eCobalt get national trade award

Basham

A leading national trade publication has honored a local mining company and economic development organization.

Trade and Industry Development, which is dedicated to site selections, presented eCobalt’s mining operation in Salmon and its proposed refining facility in Blackfoot, along with Regional Economic Development for Eastern Idaho (REDI), with the Corporate Investment and Community Impact award.

REDI and eCobalt were recognized for eCobalt’s investment in eastern Idaho for cobalt mining and refining. According to a release, out of hundreds of submissions the two organizations were among only 15 finalists in the Community Impact of the Trade and Industry’s Annual CiCi Awards.

The Community Impact category recognizes projects that make big impacts in their respective communities, and local economic development organizations that work with the companies to attract this development.

In a release, Jan Rogers, CEO of REDI, said this distinction can help draw even more attention to the region’s economic growth.

“It’s an honor to receive a CiCi award and it speaks highly of the region’s strong business climate,” she said. “Site selectors are likely to draw their attention to Blackfoot and Salmon as a result of this significant economic development achievement.”

I.F. Power awarded utility designation

Idaho Falls Power recently received two distinctions from national and regional organizations.

The utility company was awarded renewal of its Reliable Public Power Provider designation by the American Public Power Association. In addition, Idaho Falls Power received the 2018 Northwest Public Power Association Safety Award.

The Reliable Public Power Provider designation is based on industry recognized practices for public power utilities in reliability, safety, workforce development and system improvement. According to a news release, only 235 of the more than 2,000 public power utilities hold this distinction.

The safety award is based on the number of recordable injury or illness cases, and lost work days in 2017. Idaho Falls Power came in second in the nation in the category with 125,001 to 200,000 hours of exposure.

Safety awards are based upon a review of each utility company’s entry and the incident and severity rate of accidents over the past year.

Tribes hire new general contractor

A Salt Lake City contractor has been named to work on a casino expansion project at the Shoshone-Bannock Hotel and Event Center.

The Shoshone-Bannock Tribes officially ratified an agreement May 8 with Big-D Construction for Phase II of the Casino Expansion Project.

The project adds an85,000-square-foot casino that will include new amenities such as a 240-seat bingo hall, a new buffet restaurant called The Painted Horse, a 24-hour deli, and a new lounge called The Stampede.

Montana &Idaho CDC is now MoFi

Montana &Idaho Community Development Corporation, a business financing and consulting corporation, has changed its name to MoFi, according to a release.

The company, described as “a double bottom line, non-bank lender that provides loans to individuals, businesses and communities outside the financial mainstream,” has contributed to projects in eastern Idaho.

In 2017, MoFi provided more than $11 million in small-business financing to businesses that were unable to access traditional bank capital, with roughly half that amount going to Idaho borrowers, according to a release. It expects that amount to increase in 2018.

Dave Glaser, president of MoFi, said in a release that the decision to change the name came after recent expansions into Wyoming, eastern Washington and eastern Oregon. Glaser said the name MoFi better represents its expanding geographic footprint and product line.

To learn more about MoFi and the services it provides, visit mofi.org.

Workshop set for Falls Water Co. sale

A public workshop has been scheduled with staff from the Idaho Public Utilities Commission regarding the proposed sale of Falls Water Company.

The workshop is set for 6 p.m. to 8 p.m. May 21 at Ammon City Hall, 2135 S. Ammon Road.

Customers attending will receive information from the commission on its process of approving or denying the proposed sale of Falls Water to Oregon-based NW Natural Water Company LLC. No public testimony will be taken by the commission, but its staff will accept comments and answer questions from attendees after a short presentation.

Falls Water serves approximately 5,500 customers in Bonneville County.

According to a news release, NW Natural Water’s application said no changes would be made to Falls Water’s corporate structure, employees, customer base or service area. The application also said the transaction would not cause an increase in rates, but that the two companies have identified capital improvements “that will be necessary to maintain safe and reliable water service.”

To view NW Natural Water’s application, visit puc.idaho.gov/fileroom/cases/summary/FLSW1801 .html.

To comment on the proposal, visit puc.idaho.gov/forms/casecomment.aspx, and include case number FLS-W-18-01.

ISC(2) hosting two meetings this week

ISC(2), an international nonprofit information security organization that provides certification courses and seminars to industry professionals, is hosting two events in eastern Idaho this week.

The organization is hosting an event today in Pocatello at 5:30 p.m. at Portneuf Valley Brewing, 615 S. 1st Street. Thursday, an event will be held at 5 p.m. in Idaho Falls at Stockman’s Restaurant, 1175 Pier View Drive.

A third event is also scheduled in Pocatello on May 29 at the Marshall Public Library, 113 S. Garfield Ave.

Thursday’s event will feature a presentation on cybersecurity from Donovan Nichols, a member of Idaho National Laboratory’s assessment team.

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Reporter Marc Basham can be reached at 208-542-6763.


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