Cherokee Nation Businesses

CNB is a wholly owned subsidiary of the Cherokee Nation, the largest Native American tribe by population in the United States.

CNB operates in the following industries: aerospace and defense, hospitality and entertainment, environmental and construction services, information technology, healthcare, and security and safety.

[2] At its establishment, pursuant to the Cherokee Nation of Oklahoma Corporation Reform Act of 2002, 25% of all CNB profits were to be reinvested with the Tribal Government as dividend payment.

[5] In August 2010, in order to implement the provisions of the Jobs Growth Act of 2005, CNB consolidated its various internal support and administrative service operations into a single structure located in Tulsa, Oklahoma.

[12] In November 2011, at the request of Principal Chief of the Cherokee Nation of Oklahoma Bill John Baker, the Cherokee Nation of Oklahoma enacted the Corporate Health Dividend Act of 2011, which increased CNB's annual dividend payment to the Tribal Government from 30% to 35% of a total profits.

CNB purchased a 298,000 square foot building in Tahlequah, Oklahoma, in November 2012 in order to allow for future expansion of its manufacturing operations.

Chief Operating Officer: Mark Fulton CNB's Hospitality Division oversees the company's portfolio of retail, hotel, gaming, and entertainment assets.

CNE was formed in the late 1980s and is the holding company for all gambling, gaming, entertainment, and hospitality operations of the Tribe.

CNE operates ten casinos, three hotels, a horse racing facility with electronic gaming machines, retail and convenience shops, entertainment venues, golf courses, and cultural tourism programs.

IGRA mandates that all Class III gaming operations can only be conducted on Tribal land held in trust for the tribe by the Bureau of Indian Affairs.

[buzzword] The Division's predecessor was initially formed in 1969 as the first business entity owned by the Cherokee Nation of Oklahoma.

The division is the holding company for several subsidiaries under the umbrella Cherokee Nation Industries (CNI) brand: Cherokee Nation Businesses' Federal Solutions companies provide information technology, management, consulting, medical, professional, environmental, and construction services.

[buzzword] It offers management and support of programs, projects, professionals and technical staff, with a primary focus on information technology, mission support, and research and development In 2011, Cherokee Nation Businesses began the process to expand its business operations in renewable energy operations.

In December 2011, the Cherokee Nation Tribal Council authorized CNB to seek a grant from the United States Department of the Interior in order to construct a $144 million hydroelectric dam along the Arkansas River in Sequoyah County, Oklahoma.