Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Shakopee Mdewakanton Sioux invests in national engineering firm

 

January 26, 2021

David Joles • david.joles@startribune.com

Rebecca Crooks-Stratton, secretary/treasurer of the Shakopee Mdewakanton Sioux Community, said the deal "is exciting."

The Indian tribe that owns Mystic Lake and Little Six casinos is buying a stake in a national engineering services firm with nine offices, including the headquarters in Minneapolis.

The Shakopee Mdewakanton Sioux Community (SMSC) acquired 47% of Windward Engineers & Consultants, marking the first time the tribe has co-owned an engineering firm, tribal officials announced Monday.

The deal, which was in the making for two years, closed Jan. 1. The tribe would not disclose financials but confirmed the Windward Engineers investment exceeds $1 million.

https://www.startribune.com/shakopee-mdewakanton-sioux-invests-in-national-engineering-firm/600014965/

 

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