Word: knobe
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Dates: during 1980-1989
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...bankingest town in the U.S.," declares Herb Bowden, president of Sencore Inc., a manufacturer of electronic-testing equipment. The town's mayor is more precise. "Citibank," Mayor Rick Knobe says proudly, "moved us from a known regional entity to a newcomer on the national and international scale...
Bowden and Knobe do not live in Miami or Chicago, Dallas or Los Angeles. Their improbable new financial capital: Sioux Falls, S. Dak. "We used to have such an image of cowboys and Indians," recalls Bowden, "when I would go to New York, the guys in the bar would give me a big war whoop. Now they say, 'Oh, you're from South Dakota, where you have good tax laws and where industry is moving in.' " Kind of stilted talk for bar chatter, perhaps, but apt. Sioux Falls (pop. 81,000) and the rest of South Dakota...
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