Feb. 3, 2010
BusinessNorth sale pending
Two veteran journalists with deep roots in the
region and close ties to BusinessNorth are buying the news monthly
and its online edition in a sale scheduled to close April 1.
The new owners will be former managing editor
Ronald Brochu, 55, and BusinessNorth reporter Beth Bily, 42.
"Ron and Beth have highly complementary talents
related to news management, reporting and advertising sales,"
said owner Wayne Nelson, who founded BusinessNorth in 1992 and launched
its online Web edition, businessnorth.com, in 1999.
"I think we've built a solid reputation as
a watchdog and advocate for the region's economy, its entrepreneurs
and the overall business community. There have never been more opportunities
to build on that record. With their deep knowledge of this region,
this is the perfect team to take BusinessNorth into that future,"
Brochu and Bily said Nelson, 65, will remain as
editor through the transition.
"Ron and I are excited to take the reins of what has evolved
into a highly respected business news organization serving Northeastern
Minnesota and Northwestern Wisconsin," Bily said. "Wayne
will continue to provide his insights and nose for news, and the
transition will be a smooth one."
The Indiana native served as editor of the Grand
Rapids Herald-Review during the period 2002-2006, and has worked
as a freelance writer and editor for several newspapers and other
publications in the region. She has become a full-time BusinessNorth
reporter with the pending purchase.
Brochu edited trade journals at Harcourt, Brace,
Jovanovich and later was managing editor at BusinessNorth from 1995-97.
The Duluth native and UMD School of Business graduate moved on to
serve as Northwest Wisconsin business reporter and then city editor
at the Duluth News Tribune. He was transferred to the Superior Daily
Telegram as newsroom trainer and executive editor in 2006.
"Beth and I are bullish on this region's
economic future, and it will continue to need this sort of journalism,"
he said. "We want BusinessNorth to play a larger role in covering
and helping to shape the region's business climate."
In addition to the online edition, and a print
edition reaching 21,000 readers in 17 area counties, BusinessNorth
publishes an annual Directory of Business & Industry.