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Published March 11, 2010, 09:12 AM

Shuttered N.D. canola plant looking to reopen

A defunct Northwood canola processing plant wants to reopen, about a year after it went broke and left $810,000 in unpaid bills.

BISMARCK, N.D. (AP) — A defunct Northwood canola processing plant wants to reopen, about a year after it went broke and left $810,000 in unpaid bills.

North Dakota's Public Service Commission is considering whether to issue a new grain warehouse license to Northwood Mills LLLP.

Normally the warehouse would need only a $50,000 bond. But the commission has authority to demand a larger amount.

Commissioner Brian Kalk says Northwood Mills should outline its plans for avoiding future money problems.

Commission Chairman Kevin Cramer says the reopening proposal is worth a look. He says the Northwood community may be better off if the business reopens, even with its checkered history.

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