We o er
Once the provider places the order and prior authorization is completed, we'll schedule you right away!
MRI scans
provide highly detailed images of soft tissues, making them one of the most accurate tools for diagnosing conditions related to the brain, spine, joints, and organs.
At The Williston Graphic, we believe in the power of community. Every month, we deliver this newspaper to every home and business in the Williston area, ensuring local stories, businesses, and voices are heard. And none of it would be possible without our advertisers.
Our advertisers are the backbone of this publication. Their support keeps the Williston Graphic free and accessible to everyone. These businesses understand the value of reaching local customers in a tangible, trusted, and time-tested medium—print. Unlike fleeting digital ads that disappear with a scroll, a print ad lingers on a kitchen counter, is shared among friends, and remains a visible reminder of the services and businesses that keep our community thriving.
We are proud to be the region's only locally owned media company, standing firm in our commitment to delivering trustworthy, community-driven journalism. While national and digital platforms may come and go, we are here, rooted in Williston, dedicated to serving our neighbors with the stories and information that matter most. There is no better reach than with the Williston Graphic—a publi-
J.C. & Susan LaBar Owners/Publishers
Karolyn Moltzan General Manager/Lead Design
McKenna Layne Design/Social Media
Erica Kingston Editorial/Copy Editor
Zechariah LaBar Sales
Sarah Wilson Writer
cation that makes it into every home and business, ensuring our advertisers’ messages are seen, read, and remembered.
We ask our readers for your help in keeping this support cycle going. When you visit a business that advertises with us, let them know you saw their ad in the Williston Graphic A simple mention goes a long way in showing our advertisers that
Become a member! Visit us online at www.willistongraphic.com
Find us on Facebook and Instagram: @willistongraphic & @willistonconnections
info@vocella.com
news@vocella.com
advertising@vocella.com
billing@vocella.com
their investment in local media is worthwhile.
Supporting local media means supporting local businesses, and supporting local businesses means strengthening our entire community. Thank you for reading, supporting, and choosing print.
We’ll keep delivering.
— The Williston Graphic
Contact Us
701.572.4851
PO Box 389 1411 West Dakota Parkway, 2A Williston, ND 58801
Office hours are by appt. only. Reach us by phone or email: Monday - Thursday | 9:00am to 5:00pm & Friday | 9:00am - Noon
On Thursday, February 13, Williston will join communities nationwide to celebrate Giving Hearts Day, a 24-hour fundraising event supporting local charities and nonprofits. Initially launched in 2008 by the Dakota Medical Foundation and Impact Foundation, Giving Hearts Day has grown into one of the region’s most significant charitable giving initiatives, raising over $90 million since its inception.
In just 24 hours last year, $29 million was raised to support nonprofits across North Dakota and western Minnesota. In Williston, the event brings together local businesses, nonprofits, and community members to raise funds and awareness for organizations making a real impact.
Make a financial contribution to a cause that speaks to you. Whether $10 or $1,000, every dollar makes a difference.
Early giving is now open!
Visit GivingHeartsDay.org to donate.
“This is more than just a fundraiser — it's a movement. Every dollar donated stays right here in Williston, helping those in need.”
John Harper, Eckert Youth Homes
Many organizations rely on volunteers to operate effectively. If you want to volunteer, contact participating nonprofits directly or visit GivingHeartsDay.org for opportunities.
Several local nonprofits are joining forces this year to make Giving Hearts Day successful in Williston. The funds raised will stay within the community, ensuring local organizations continue their essential work.
McKenzie Health
Bethel Lutheran Foundation
CHI Health at Home
Make-A-Wish America
North Dakota Association for the Disabled (NDAD)
Clay Target League
To see the full list of participating organizations and their Giving Hearts Day campaigns, visit GivingHeartsDay.org.
Whether it’s time, money, or a helping hand, every contribution makes a difference.
Giving Hearts Day funding is a lifeline for many local nonprofits. For example, Eckert Youth Homes provides critical treatment services for youth struggling with substance abuse, mental health challenges, and trauma.
“We never turn a child away,” Harper said. “Many of the kids who come to us have nowhere else to go. These donations help provide housing, therapy, and support for them to rebuild their lives.”
In addition to residential treatment, Eckert also offers outpatient services at local middle and high schools, helping students learn about drug prevention, mental health, and recovery options.
To donate or learn more about local participating organizations, visit GivingHeartsDay.org. Don’t forget to share your Giving Hearts Day experience on social media using #GivingHeartsDay and #WillistonGives. Together, we can make Giving Hearts Day 2025 the most impactful yet. Let’s show Williston’s heart to the world!
Forget the winter blues— things are about to heat up in Williston! The 10th Annual Bras for a Cause Gumbo Cookoff & Mask-R-Aid Party is back on Saturday, Feb. 22, and it’s serving up steamy bowls of gumbo, stiff drinks and a lot of community spirit—all for a great cause.
Hosted at the New Armory, this event brings together local teams ready to battle it out for gumbo glory. It also raises serious cash for Bras for a Cause, a local nonprofit that supports individuals diagnosed with cancer.
Bras for a Cause has supported cancer patients in the Williston community, raising funds to help cover medical expenses, travel, lodging and food costs for those undergoing treatment, alleviating some of the financial burdens that come with a cancer diagnosis.
“This money we raise is crucial for those struggling with cancer,” said board member Michele Nelson. “It takes some of the stress off when the patient knows they have a little financial support.”
While Bras for a Cause hosts multiple fundraisers annually, the Gumbo Cookoff is its second-largest, raising between $30,000 and $40,000 annually.
What’s on the Menu?
2 p.m. – Doors open to the public 4:30– 5 p.m. – Judges sample the gumbo
5 p.m. – The public gets to dig in 8 p.m. – Silent auction winners announced
Josey and The Whalers will provide live music and Buster’s Bar will provide alcohol for the evening. To
raise additional funds, attendees will enjoy a silent auction, carnival-style games and raffles.
Calling All Chefs
There’s still time to register a team until Feb. 15. Here’s what you need to know:
Teams must have four members (including a captain)
All participants must be 21+
The entry fee is $100 per team
Setup begins Friday, Feb. 21 from 4–8 p.m. and resumes at 9 a.m. on event day
Prizes for the Best Booth, People’s Choice and Best Gumbo are all at stake. But the most coveted honor is the "Breadwinner" Traveling Trophy, given to the team that raises the most money.
“There’s really some very good
gumbo,” said Nelson. “The teams always have a great time, and by the end of the night, things can get pretty lively. We encourage a good time but ask everyone to please be responsible.”
Get Involved
Whether a gumbo enthusiast, a generous donor or someone who loves a good party, the Bras for a Cause Gumbo Cookoff is the perfect way to support a great cause.
To sign up, contact Cheryl Donovan at cdonovan@nemont.net or call 701-770-0045. To donate, send checks to Bras for a Cause, PO Box 315, Williston, ND 58802.
For more details, visit ndbrasforacause.com or follow Bras for a Cause on Facebook.
Let’s face it, the dating scene in Williston sucks; it’s a town shaped by the oil industry, where dating is challenging due to the transient workforce, long shifts, an uneven gender ratio, and a lack of entertainment. But love isn’t impossible—it just requires effort, patience, and the right mindset. Whether you are searching for a relationship or just hoping to meet new people, this guide offers practical strategies for navigating the local dating scene.
Harnessing the Power of Being Single
Single life in Williston isn’t a setback—it’s an opportunity! Focus on personal growth, friendships, and community involvement.
Build a fulfilling life: Don’t wait for love to find happiness—make it yourself.
Engage in hobbies: Join groups that align with your interests to expand your social circle.
Invest in friendships: Whether you're dating or not, a strong support system makes life richer.
Even in a small town, relationships can stay exciting with effort and creativity.
Prioritize shared hobbies: Learning and growing together strengthens connections.
Make time for your partner: Even in demanding jobs, small gestures matter.
Set realistic expectations: Life in a boomtown has unique challenges, so communication is key.
Navigate long-term success: Know when to commit and when to move on.
Keep dating fun: No matter how long you’ve been together, keep the spark alive with new experiences.
Sex is easy; love takes effort. One is instantly gratifying but fleeting, while the other builds lifelong happiness and security. In a town with diverse perspectives on relationships, understanding your values and setting clear expectations can help you navigate dating.
Recognize the difference: Sex fulfills a primal urge, but love requires emotional investment.
Set personal boundaries: What are you looking for—casual dating or long-term commitment?
Be mindful of safety: Women, in particular, should prioritize meeting in safe environments and staying aware.
Respect different cultural and religious beliefs: Williston has a mix of traditional and modern views on relationships.
Finding the right person requires taking action. Here are the best spots to meet people in Williston:
Local hangouts: StrikeZone, Williston ARC, Meg-a-Latte, Rivers Edge.
Community events: Summer Nights on Main, Chokecherry Festival, Holiday Lights Parade.
Interest-based groups: Book clubs, CrossFit/yoga studios, church groups, Rotary Club, and Williston State College events.
Outdoor adventures: Fishing, hiking, hunting, Theodore Roosevelt National Park.
Dating in Williston isn’t without challenges, but love can happen anywhere with effort and intention. By embracing the local dating scene, staying open to new experiences, and maintaining a strong sense of self, finding a meaningful connection is well within reach.
Whether you're single, dating, or in a relationship, happiness starts with the life you build for yourself. And who knows? The right person might be waiting for the next community event or outdoor adventure.
Love isn’t a fairytale—it’s a state of being cultivated by effort and understanding. True love isn’t about instant chemistry but shared values and mutual care.
Know yourself first: Understanding your own needs and values is key before seeking a partner.
Love isn’t just romance: It’s about caring for someone’s well-being, even beyond your own.
Challenges for men: High competition, demanding work schedules, and earning trust in a transient town.
Challenges for women: More dating options, but finding long-term commitment is tough.
The oilfield lifestyle factor: Long shifts, financial instability, and frequent relocations affect relationships.
Looking for something beyond the usual dinner-anddrinks routine? Try these:
Active dates: Bowling, axe-throwing, escape rooms.
Cultural dates: Local theater, trivia nights, wine tastings. Classic dates with a twist: Ice skating, shooting range, food truck nights.
Q: Where do you recommend meeting new people in Williston?
Share your best spots, groups, or events in the comments of our Williston Connections poll! Let’s help each other out.
Williston native, and owner of Bonetraill Historical Consulting, is a U.S. Army combat veteran and local historian.
Fort Buford, located near the confluence of the Missouri and Yellowstone Rivers, 23 miles west of Williston, holds a pivotal place in the annals of American frontier history. Established in 1866, the fort served as a strategic military outpost during the turbulent years of westward expansion. While much has been documented about the officers and major campaigns associated with Fort Buford, one of the most illuminating accounts of daily life comes from the diary of Private Wilmot P. Sanford, a member of Company D, 6th Regiment United States Infantry. The Diary: A Unique Perspective
Sanford’s diaries that are in existence are dated Sept. 26 1874 to May 23, 1875. Then there is a gap, and the other diary dates March 25, 1876- March 31, 1877. These original notebook diaries are currently at the Beinecke Library at Yale University. Sanford’s diary, meticulously transcribed by local historian Ben Innis in the “North Dakota History Quarterly” in Volume 3 of 1966 and Volume 52 of 1985 offers an extraordinary glimpse into the experiences of an enlisted man at Fort Buford during the 1870s. Unlike officer reports or official documents, Sanford’s entries provide a candid and unvarnished look at the routine, challenges and camaraderie of military life on the frontier.
Sanford’s military career began on April 15, 1872, when he enlisted in Boston, Mass., at the age of 23. He served for five years, receiving an honorable discharge in 1877.
Sanford's everyday activities, such as army work, inspections, illnesses, discharges, numerous library trips, his appointment as assistant librarian on April 19, 1875 and letter writing are all detailed in the diaries. Sanford's co-ownership of a photographic studio at Fort Buford, Dakota Territory, is mentioned in the diary entries for 1876–1877.
Sanford's personal cost records are likewise included in each diary. The final diary was written in a printed diary by an unidentified publisher that included numerous printed time and measurement tables, lunar phases, postal rates, etc. The first two diaries were written in little notebooks. All of this gives insight into the education and knowledge of Sanford during a time when literacy among adults was not always top-rate.
Early Life and Civil War Service
Recent research has revealed more about Sanford’s life before and after his
service at Fort Buford. Born in Amherst, N.H, Sanford was the eldest of five siblings. Drafted in September 1864, he served in the 7th New Hampshire Infantry during the last nine months of the Civil War. His regiment participated in the Assault on Fort Fisher in January of 1865 and the capture of Wilmington, N.C., in February of 1865. He was honorably discharged in July of 1865.
Sanford’s decision to reenlist in 1872 remains speculative, but likely stemmed from the economic hardships of the early 1870s, a period of financial instability in the United States. For many men, the military offered steady pay, meals and shelter. A Life Beyond the Frontier
Through digital archives and family records, researchers have pieced together Sanford’s personal connections and post-mili-
tary life. During his time at Fort Buford, Sanford corresponded with Sarah Belle Leighton, sister of Alvin Leighton, one of the post traders. The two married in 1877 after his discharge and eventually settled in Nebraska, where they raised five children. Sanford passed away in 1889 at the age of 40, leaving a legacy preserved through his writings.
Military Service at Fort Buford
Sanford’s diary and accompanying post returns illuminate his participation in several key military campaigns: The 1873 Yellowstone Expedition: This operation supported the Northern Pacific Railroad's survey of a route through Dakota and Montana Territories, reflecting the Army’s role in facilitating westward expansion. Sanford is mentioned in Post Returns as to his participation.
The Northern Boundary Expedition (1873): Sanford assisted in establishing the permanent boundary between the United States and Canada. Again, Sanford is mentioned in Post Returns.
Detached Service (1874): Records indicate Sanford was stationed along the Yellowstone River during this period. Sanford describes in his diary his time helping to “Set the stone,” which were the boundary marker of the 30 mile square Fort Buford Military Reservation.
Summer Campaign of 1876: While stationed at Powder River Cantonment, Sanford participated in guarding supplies and pursuing Native American bands following the Battle of the Little Bighorn. Sanford describes his duties on the Powder River, and recent digital archives show a letter he wrote in which he describes the Battle of the Little Big Horn, information he must have gathered from survivors while passing through back to Fort Abraham Lincoln.
Significance
The biggest question is why did Sanford keep a diary? Did Sanford desire to keep a permanent record of an adventure in the American West? Sanford’s diary, though at times understated, is invaluable for understanding military life at Fort Buford and beyond. It provides a rare perspective on the daily routines, personal relationships and broader historical events that defined the frontier experience. His accounts of expeditions, furloughs and interactions with fellow soldiers and civilians enrich our understanding of this period. From that we can make the determination that he may have wanted a record to one day remember the names, places, hardships or the monotony of military service in what was a far off land.
The recent discovery of Sanford’s only known photograph, and the confirmation of his identity through descendants like John Sanford show the enduring impact of his life and service. Modern tools such as Find A Grave, Ancestry and Family Search have allowed historians to deepen their understanding of Sanford’s story, connecting the past with the present. It has allowed historians to have instant access to documents that once required many hours, phone calls and appointments at such places as the National Archives in Washington D.C. Private Wilmot Sanford’s life, as recorded in his diary, serves as a poignant reminder of the individuals who shaped the American frontier. His detailed accounts continue to inspire historians, educators and enthusiasts, offering a window into a world that is both distant and familiar. Through his words, the legacy of Fort Buford and the soldiers who served there lives on.
The Old Armory, a cherished landmark in Williston, North Dakota, is a testament to our community's rich history and enduring spirit. Built in 1915 and listed on the National Register of Historic Places in 1985, this iconic structure has served as a hub for military, governmental, and civilian activities, bringing together diverse public sectors.
The Old Armory, designed by Robert B. Stacy-Judd and constructed by J.G. Harding, is a two-story brick building with medieval-inspired architecture. Its castle-like forms, including enlarged buttress piers and a prominent turret, suggest strength and security, reflecting its original military purpose. Inside, wooden roof trusses span a large drill hall, which has hosted numerous community events over the years.
The Veterans and Friends of The Old Armory have embarked on the "Step Up Campaign," a fundraising initiative to restore and preserve this historic building. The campaign focuses on essential renova-
tions, particularly the reconstruction of the main staircase, to ensure safety and accessibility for all visitors.
Alan Billehus, a campaign representative, noted that donors have mainly been businesses, financial institutions, individuals with personal ties to the Old Armory, and those who love old buildings in Williston. Various organizations have also provided grants to develop architectural plans for the stairs and monetary support for their construction.
Thanks to the community's generous support, the campaign is only $100,000 away from reaching its goal. Achieving this milestone will allow the organization to put out bids and complete the renovation work this summer. The restored Old Armory will continue to host community events, preserving its legacy as a gathering place for Williston residents.
The Old Armory's historical significance and unique architectural character make it vital to Williston's heritage. By supporting the "Step Up Campaign," community members can help preserve this land-
mark and ensure it remains a vibrant center for public life for generations.
As the campaign approaches its final phase, the Veterans and Friends of The Old Armory call upon the public to help cross the finish line. Every contribution brings the project closer to completion, honoring the building's storied past and securing its
future as a cherished community asset. Please visit willistonoldarmory.com for information on contributing to the "Step Up Campaign" and learning more about the Old Armory's history and planned renovations.
The Veterans and Friends of The Old Armory extend heartfelt gratitude to our incredible community for your generous support of our "Step Up Campaign." Thanks to your contributions, we are only $100,000 away from our goal. With your continued assistance, we can put out bids and complete the renovations this summer! Let's cross the finish line and preserve this historic landmark for future generations.
JEFF ZARLING jzarling@dawasg.com
For nearly two decades, from the late 1980s to the early 2000s, few young people graduating from high school expected career opportunities in Williston Most planned to go to college and then off to somewhere else to build a career.
Gabe Gratz was born and raised in Williston and graduated from high school in 2001, part of a class of around 200 students. He attended a year at Williston State College while contemplating his career path.
“My dad was a pharmacist. I was thinking about becoming an eye doctor or dentist, but the idea of eight years of schooling and the associated debt turned me off,” Gabe reflected. “I decided on pharmacy as I saw a growing demand nationally.” Off to College
Gabe transferred to North Dakota State University to pursue a pharmacy degree. While there, he started dating Tara Watterson, another Williston High School class of 2001 graduate. Also born and raised in Williston, Watterson was completing her undergraduate studies at Minnesota State University Moorehead with plans to complete her master’s degree in Speech Therapy at the University of Minnesota – Duluth. Completing their programs entailed quite a bit of travel. Gabe’s summer internships in Alaska and Las Vegas included visits from Tara.
“After Tara transferred to UMD, I burned up the pavement between Fargo and Duluth,” Gabe shared with a chuckle. Off to the Twin Cities
As expected, opportunity abounded in the Minneapolis and St. Paul metro area while Williston’s economy remained anemic. After graduating in 2007, Gabe and Tara married, he pursued a career with a national pharmacy store chain and she joined
a regional rehabilitation provider that serves patients in skilled nursing facilities.
Gabe and Tara settled into careers and life in the metro area, and started a family with their first child born in 2010.
“We took vacations to visit family and friends back home,” reflected Gabe. “But we never thought about moving back to Williston. It just didn’t seem a possibility.” Opportunity Knocks – In Williston
Around 2011, Gabe recalls seeing a story on a Minneapolis television station about the oil boom in Bakken in Western North Dakota.
“I called my dad, ‘Is it really like that?’” Gabe recalled with surprise. “’Yeah, it is.’ He went on to talk about all that was going on.”
When the Gratz’ left for college in 2001, North Dakota State GDP was an inflation-adjusted $25.3 billion. At the time of these conversions, it was $43.3 billion and on its way to $60.2 billion in 2014.
While growing up, his dad, Jerry, owned Western Dakota Pharmacy which he sold to White Drug in 2006. A few years later, Gratz the senior helped as a relief pharmacist at Service Drug. Around 2011, he was approached by Mitch Fearing, a local optometrist, about the idea of starting a new pharmacy as an anchor in a building he was planning to develop, the Vision 20/20 Professional Center.
“Dad wasn’t interested in doing a startup alone and asked what I thought about being partners,” stated Gabe. “We were certainly tired of ten-hour drives over the holidays, and the market was intriguing.”
After much research, planning and contemplation, they committed to the project and the move sometime in 2012.
Launching
They dove into the development process working through facility design, systems and processes.
“I learned so much from the corporate pharmacy including things that worked well and things that I saw as flaws,” Gabe
reflected. “I knew we wanted to incorporate a drive-thru, design clear views from the back to the front counters and provide service seven days a week, among other things.”
Jerry also notified Service Drug that he and Gabe intended to open a new pharmacy. Turns out the owner was divesting his real estate holdings and thinking about getting out of the pharmacy business.
Gabe and Tara moved home to Williston in October of 2013 and Gabe and Jerry acquired Service Drug in November of 2013. The Gratz’s worked on the Service Drug transition to a new wholesaler and backend systems to align with those to be used at G&G while also moving the new pharmacy project forward.
In September of 2014, Gabe and Jerry opened G&G in the 20/20 Professional Center with Gabe as the operator and Jerry more the silent partner.
“Our business plan showed we had to do about 100 scripts a day to ‘make it,’” said Gabe. “Our first day we did nine. We didn’t average our 100/day goal until somewhere in 2016, but then our volume started doubling each year.”
In the past decade, the business has experienced mostly steady growth and occasional jumps associated with changes in the market. They experienced a bump in sales
in the fall of 2015 when The Prescription Center closed, around the same time Jerry sold his interest in the business to Gabe and rode off into retirement.
The pharmacy continued to experience steady incremental growth for the next nine years until another closure in May of 2024 of White Drug and the acquisition of Market Pharmacy in Minot, now rebranded as G&G Pharmacy Minot.
Gabe described the changes in technology and services as they strive to meet the needs of their customers.
“I say that Tara is our quality assurance person,” shared Gabe. “She provides the customer perspective, always asks, ‘What does a mom want? What do our customers expect?’ Some customers tell us Sunday is their only day off. Before us, the closest access on Sunday was Glendive, Dickinson or Minot.”
Technology also plays an important role in meeting customer needs. They have a mobile app, text notifications and the ability to take call-in scripts after hours.
In September of 2024, G&G Pharmacy celebrated a decade of growth and opportunity in Williston, something the pair couldn’t have dreamed of growing up in the 1990s North Dakota economy.
G&G Pharmacy
https://ggpharmacynd.com/
•
•
•
JEFF ZARLING jzarling@dawasg.com
When company founders look to sell the business, typical options to consider include succession to a family member or key employee, management buyout, outside investor or buyer, strategic partner or winding down the business. A lesser-known option is conversion to an Employee Stock Ownership Plan.
Traditional Business Sales
Succession to a family member or key employee transfers ownership to someone who has played a key role and can take over the business. The employee pays the purchase price in installments over time with a loan, secured by the business assets or through seller-financing.
A management buyout is similar to a family member or key employee sale but involves key managers and often includes more capital or equity contributed by the managers along with debt financing – a bank loan, seller financing or both.
An outside investor or buyer is an individual or company that has capital to invest in a business seeking a return on that capital. These private equity investors are not interested in running the business day-today but rather set the vision and direction and oversee company management.
A strategic partner is a company in a similar line of business that finds strategic value in the acquisition. The acquiring company may or may not require a portion of seller-financing.
The ESOP Option
Under the United States Tax Code, an ESOP is an IRC section 401(a) qualified defined contribution retirement plan. An ESOP is comprised of an ESOP trust as the legal entity that holds the ownership assets, a board of directors responsible for legal policy, funding and the business plan, executive leadership appointed by the board to run the company, and employee owners as beneficiaries.
The fundamental process involves a team of professionals including an advisor, trustee, attorney, accountant and banker. An ESOP can be structured in innumerable ways from the type of company – S-Corp or C-Corp, the sales transaction – partial shares, all shares, some owners, all owners, phased over time and more. The ESOP can be funded by existing company cash, asset-based loans, cash flow-based loans, seller financing or a combination thereof.
With the structure defined, the trustee acts as a captive buyer on behalf of the employee owners, hires a valuation company to provide a fairness opinion and negotiates with the seller ensuring the transaction passes the US Department of Labor scruti-
ny.
Commonly, the seller agrees to the purchase price and to carry a portion as a seller’s note with the balance paid in cash which the trustee borrows from a lender. The trust buys the owner’s stock at its appraised value. The company now has two forms of debt on the balance sheet. As the company pays down the debt, it increases the value of the company and releases stock into employee accounts.
The ESOP is valued annually to determine the market prices for the shares. Debt retirement and business growth usually results in increased stock valuation, increasing the value of each employee’s account. Employees receive annual ESOP statements showing their individual account valuation. The ESOP distributes a participant’s benefits during retirement or due to termination, death or disability.
Advantages and Disadvantages
Some advantages according to the National Center for Employee Ownership include:
• Deferred taxation for sellers
• Selling owners can sell any amount, and more later
• If multiple owners, the ESOP can buy only from those who want to sell
• Selling owners can retain a role in the company
• Only an ESOP can use pretax dollars to buy out owners
• The company retains its identity
• Employees who helped build the company own it
• Increased employee retention
According to an NCEO study, turnover from 2014-2017 at ESOPs was 10.8% vs 27.1% at non-ESOPs, less than half.
Disadvantages include:
• ESOPs can be expensive, costing a minimum of $125,000 to setup and $20,000 - $60,000 per year to administer
• ESOPs are often complex
• An ESOP cannot pay above fair market value or match higher prices from a strategic or private equity buyer
• ESOPs have ongoing cash demands GO Wireline Sold
“The rumors are true, we have sold GO Wireline,” Lucas Gjovig, company CEO posted on social media. “Who’s the buyer? Well, I am, along with all of the rest of our team.”
Founded in 2011 by nine partners of varying ages and skill sets, GO Wireline grew and matured into a sizable company. After about a decade, some owners were looking toward retirement or otherwise exiting the business while others wanted to remain. The group engaged an advisor to explore their options.
“We explored the typical options of a leveraged management buyout, strategic
buyer and outside investors,” shared Gjovig. “Our advisor from Fieldstone Partners brought up the idea of an ESOP and introduced us to ButcherJoseph, a firm with expertise in that area.”
They discovered that in addition to meeting their primary goals, ESOP offered significant tax advantages for the sellers, the company and the employees as well as a vehicle for company growth and employee recruiting and retention.
“The remaining partners would get the additional benefit of still being owners,” stated Gjovig. “Our research showed that ESOP employees develop a ‘true sense of ownership,’ and ESOP companies outperform their non-employee-owned peers. We also see the value in employee retention in an industry that has high turnover.”
AE2S Realizes ESOP Benefits
AE2S, Advanced Engineering and Environmental Services, was founded in 1991 by Charlie Vein and Steve Burian as a water engineering and consulting firm specializing in surface water systems in North Dakota. Over the years, the company expanded into additional services and geographic markets, and the ownership expanded to nearly fifty with varying amounts of shares. In 2017, as the founders were contemplating retirement and other endeavors, the leadership team considered the future of the firm and its ownership, an exercise that had occurred during strategic planning before. While they considered other options, this was the third time they researched an ESOP.
“I remember discussions around controlling our own destiny. We had a great company, a great future and great clients,” stated Grant Meyer, current CEO who has been with the company since joining as an intern in 1997. “A lot of people helped get us to here and had an interest in our future
success. ESOP allowed them to share in that success and maintain our strong company culture.”
Nearly seven years since the ESOP conversion, Meyer describes a growing appreciation for the ESOP.
“2018 didn’t feel different,” he reflected. “It took longer to build enthusiasm than I had anticipated. There’s no annual dividend. The benefits are distant. But now, when employees see their statements, the growth and their projections, they are really beginning to appreciate being an Employee-Owner.”
Additional resources: National Center for Employee Ownership
https://www.esop.org/
The ESOP Association
https://www.esopassociation.org/
GO Wireline
https://www.gowireline.com/
AE2S
https://www.ae2s.com/
Workforce: Employment Trends
Williams County Unemployment
Up 2.1% (up from 1.5%)
ND Unemployment
Up 2.1% (up from 1.4%)
US Unemployment:
4.0% (up from 3.5%)
Jobless rates rose slightly across all levels, reflecting a cooling labor market.
Sales & Economy: Financial Activity
Williston Sales Tax Revenue
$2.44M (down from $2.59M)
Williams County Sales Tax Revenue
$3.24M (down from $3.26M)
Taxable Sales & Purchases (Q3 2024)
$373.2M (down 11.34%)
$428.1M (down 3.76%)
Tax collections dropped slightly in November, but year-to-date revenue remains strong.
Real Estate: Housing Market
Homes Sold in Williston 36 (up from 28 in Nov. 2023)
Average Home Price
$396,126,379 (up from $364,493)
Home sales rose 28.6%, and prices climbed 8.7%, continuing a strong market trend.
Passenger traffic remains on an upward trend, up 22% year-to-date. Transportation: Airport & Mobility
Passengers
Construction & Development: Building Permits
New Residential Permits (YTD)
60 (up from 29)
New Commercial Permits (YTD)
21 (up from 12)
Total Permit Valuation
$88.1M (up from $80.2M)
Overall construction spending remains high, despite limited new residential and commercial permits in November.
(up from $164K)
5,366 (up from 5,259)
Births (CHI St. Alexius Williston) 48 (down from 57 in Nov. 2023)
School enrollment continues to rise, though birth numbers dipped slightly.
Economic activity in Williston and Wil liams County showed moderate shifts in November. The unemployment rate increased slightly, and sales tax revenues dipped, but home sales and prices continued to rise. The airport saw strong passenger growth, and lodging tax revenue increased, reflecting stable tourism and business travel. Construction activity remained steady, with total permit values surpassing $88 million year-to-date.
Workforce: Employment Trends Williams County Unemployment
2.1% (up from 1.5%) ND Unemployment
Employment rates are slightly up, reflecting economic shifts. Williston
2.5% (up from 1.8%)
Unemployment: 3.8% (up from 3.5%)
$1.96M (down from $2.16M)
$2.8M (down from $3.23M)
Sales & Purchases
$373.2M (down 11.34%)
$428.1M (down 3.76%)
Sales tax revenues dipped, but year-todate revenue is still higher than 2023.
December brought key sectors despite minor dips in sales tax revenue. Unemployment remained stable, while home sales increased significantly alongside rising home prices. Airport travel surged, marking a 12.7% year-over-year increase in enplanements. The restaurant and lodging tax saw a major boost, signaling strong consumer activity. Construction saw fewer new permits, but total valuations continued an upward trend.
Williston Basin International (XWA) 14127 Jensen Ln
Williston (701) 875-8594
Williston Housing Authority 1801 8th Ave. W
Williston (701) 572-2006
APPLIANCES
Ekblad Appliance 22 W Broadway
Williston (701) 572-3769
Red Rock Ford 410 32nd Ave W
Williston ..................... (701) 577-2142
Books on Broadway 121/2 West Broadway
Williston (701) 572-1433
The TRUNK 4315 9th Ave W St 426, Badlands Town Center (503)-991-4599
CONSTRUCTION
Williston Roofing 904 2nd St. W
Williston (701) 339-2345
DRY CLEANERS & LAUNDRY
Model Cleaners 1129 2nd Ave W
Williston (701) 572-3734
ENTERTAINMENT
Strike Zone 1804 2nd Ave W
Williston (701) 572-33344
FINANCIAL
American State Bank & Trust
223 Main St
Williston (701) 774-4165
Stifel Nicolaus 322 Main St.
Williston (701) 572-4527
Western Cooperative Credit Union 1300 Bison Drive
Williston (701) 572-4000
Everson-Coughlin Funeral Home 112 4th St E
Williston (701) 577-3738
Fulkerson Stevenson Funeral Home 218 W Highlan Drive
Williston (701) 572-6329
Handy Andy's Nursery 3515 W Front St.
Williston (701) 572-6083
HEALTHCARE
CHI St. Alexius 1301 15th Ave W
Williston (701) 572-7651
McKenzie Health 3-4th St. E
Williston (701) 577-6377
HEATING & PLUMBING
Braaten Plumbing 5237C 134th Ave NW
Williston .................... (701) 774-0070
Haskin Heating & Cooling 2407 2nd Ave W, Suite D
Williston (701) 770-4516
Williston Home & Lumber
320 26th St E
Williston (701) 572-8356
HYDRO-VAC TRUCK SERVICE
VAC-U-JET
5979 US - 85
Williston (701) 572-0826
INDUSTRIAL SERVICES
IESS
314 42nd St West
Williston (701) 572-2393
Ritter Brothers 319 Main St
Williston (701) 572-2051
49th Latitude Land Survey 1411 West Dakota Pkwy, Unit 111 & 112, Suite 2b, Williston (701) 580-2651
Williams County Williston (701) 577-4500 (Auditor)
Advanced Filtration 4502 139th Ave W
Alexander, ND (701) 770-2275
Finesse Painting Williston (205) 441-0009
VAC-U-JET 5979 US - 85
Williston .................... (701) 572-0826
Lucas Natwick | eXp Realty Williston (701) 580-0564
Rugby Homes & RV Center 321 Gate Ave Williston (701) 572-2250
Arnie's Powersports & Cycle 413 2nd St W Williston (701) 572-3382
Spicy Mexican Food 2605 19th Ave W, Site 101, Williston
26th Street Liquor 105 26th St. E. Williston (701) 572-2954
Cooks on Main 224 Main St. Williston (701) 572-2665
Nodak Nutrition 424 32nd Ave W #6 Williston (701) 609-5511
Second Opportunity ReStore 2124 2nd Ave W Williston (701) 774-2537
Talon Smoke Shop 1804 W Trenton, ND (701) 572-5110
The TRUNK 4315 9th Ave W St 426, Badlands Town Center (503)-991-4599
Braaten Plumbing 5237C 134th Ave NW Williston (701) 774-0070
VAC-U-JET
5979 US - 85
Williston (701) 572-0826
TRANSPORTATION
Northwest Dakota Public Transit Williston (701) 577-6753 Watford City (701) 842-3440
Mountrail-Williams Electric Coop Williston, ND (701) 577-3765
Sheridan Electric Co-op Medicine Lake, MT (406) 789-2231
VAC-U-JET
5979 US - 85
Williston (701) 572-0826
Master of None LLC Williston, ND (701) 580-5664
Sign up today at WILLISTONGRAPHIC.COM for more events and to make sure your event gets the attention it deserves.
Looking for a unique venue to host your next event? The Historic Old Armory o ers a timeless setting perfect for creating unforgettable memories.
To inquire about pricing, and availability, or to schedule a walk-through, contact our o ce at 701-577-0278. Our team will be delighted to assist you every step of the way.
We can’t wait to help make your event truly special!
320 1st Ave. E. | Williston, ND 58801 Monday - Friday | 9:00 AM - 1:00 PM
