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IBI terminates operations; building for sale

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Loss of business and a down economy have resulted in the closure of IBI, a manufacturer of electrical wire harness for Arctic Cat snowmobiles and other customers.

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IBI, located in a 25,000-square-foot building at 1219 Naylor Drive S.E. in the Bemidji Industrial Park, is owned by Fargo Assembly Co. headquartered in Fargo, N.D.

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