Dave Olson, Published May 04 2012
TRADE TALK: Quaker Steak & Lube bound for Fargo
Quaker Steak & Lube is a motorsports-themed casual dining family restaurant with more than 45 locations in the United States and Canada.
The Fargo restaurant, which is scheduled to open in August, will be operated by High Peaks Hospitality, which has Quaker Steak locations in Syracuse and Rochester, N.Y.
High Peaks Hospitality plans to develop 16 Quaker Steak locations in the next four years.
The Quaker Steak franchise is known for its unique décor, which includes race cars suspended from ceilings and motorcycle, Corvette and gas station memorabilia decorating the walls.
Hither and yarn
The Boucle yarn studio is planning a move.
Owner Sue Kuhn plans to relocate from her current location at 311 Broadway to 616 Main Ave. in Fargo.
The business will move at the end of June and open in its new spot in early July, Kuhn said.
“We’re excited about the move. We really like the neighborhood and feel we fit in well there,” Kuhn said of the new location, which at one time was home to a DeLendrecie’s store.
Kuhn said that 50 years ago, she was a fifth-grader taking a class at the store.
“It’s where I learned to knit,” she said.
The yarn studio’s phone number, (701) 356-9276, will remain the same, she said.
The Growth Initiative Fund is providing $2 million to support North Dakota State University’s Center for Biopharmaceutical Research and Production.
The funding is part of
$9 million worth of in-kind and cash participation, including a $3 million North Dakota Centers of Excellence grant.
The money will be used to build a state-of-the art wet lab and office space in the Batcheller Technology Center in the NDSU Research and Technology Park.
Some of the funds will also be used to recruit top talent.
The Growth Initiative Fund is a community revolving loan fund managed by the Greater Fargo Moorhead Economic Development Corp.
The Lift’n Buddy, an electric hand truck that is designed, distributed and manufactured by Ergologistics in Fargo, was recently named a 2012 Gold Edison Award winner at a ceremony in New York.
The Edison Awards honor the best in innovation and excellence in the development of new products and services.
Designed to reduce injuries from repetitive lifting, lowering and moving, the Lift’n Buddy combines the best of a standard two-wheeler’s durability with automatic lifting capabilities.
Readers can reach Forum business reporter Dave Olson at (701) 241-5555