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Economic Development

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MANISTEE, Mich. — Eugene Magnuson has been named the chief executive officer of Little River Holdings, the Little River Band of Ottawa Indians’ economic development corporation. Magnuson began his new position effective January 1, 2020.

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The business investment arm of the Navajo Nation reportedly is taking another run at acquiring the assets of legacy firearms manufacturer Remington Arms Co.

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BLUE LAKE, Calif. — Mad River Brewing Company has rebranded with a new look that honors the craft beverage maker’s deep roots in Humboldt County, while clearly identifying it as a distinctly Yurok Tribe-owned entity.

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MOUNTAIN CENTER, Calif. — The Santa Rosa Band of Cahuilla Indians has opened its first convenience store in a bid to help boost the Tribe’s economy. 

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CHEROKEE, N.C. — Kituwah LLC, the economic development organization for the Eastern Band of Cherokee Indians, acquired a company that makes modular homes earlier this year. 

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CHOCTAW, Miss. — A process that started off with identifying ways to encourage youth members of the Mississippi Band of Choctaw Indians to get more interested in STEM education eventually led to a new business strategy for the tribe. 

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ANCHORAGE, Alaska — Afognak Native Corp. has acquired the Brown Jug chain of retail liquor stores throughout Alaska with 21 locations. 

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Here’s a round-up of business news involving tribes and Native-owned businesses.

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WASHINGTON — The Department of the Interior – Indian Affairs announced on Monday an extension for the National Tribal Broadband Grant program (NTBG) grant application deadline.