Featured Articles in Business

ComEd to get $50 million grant from taxpayer funds for Rockford grid expansion

(The Center Square) – Tens of millions of federal tax dollars are coming to Illinois to further support Rockford’s electric grid. During an event in front of a banner saying “Biden-Harris Administration; Investing in America,” Gov. J.B. Pritzker announced the $50 million in federal tax funds coming to the community to help achieve his “ambitious Read More…

Montana State University Extension to Host Inaugural Cattle Academy in Miles City

Montana State University (MSU) Extension is set to launch the first Cattle Academy, a biennial regional conference for beef cattle producers, on November 19-20 at the Custer County Event Center, located at 72 Garryowen Road. The Cattle Academy aims to equip beef cattle producers with valuable insights on contemporary topics, current research, and innovative technologies Read More…

Daines Criticizes Biden Administration’s Mining Regulations as “Cynical”

U.S. Senator Steve Daines today condemned new guidance issued by the U.S. Department of the Treasury regarding the Advanced Manufacturing Production Credit (45X), labeling it a “cynical and desperate attempt to get votes before the election.” Daines’ remarks came after the Treasury made minor adjustments to its draft guidance, which he had previously criticized for Read More…

Gianforte Celebrates $700 Million Investment in Montana’s Energy Infrastructure

Governor Greg Gianforte joined community leaders today to announce a $700 million investment aimed at enhancing affordable and reliable energy in Montana through the North Plains Connector Interregional Innovation project. This initiative will establish the first high-voltage transmission line connecting Montana’s eastern and western power grids. “Access to affordable and reliable energy is a top Read More…

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ComEd to get $50 million grant from taxpayer funds for Rockford grid expansion

(The Center Square) – Tens of millions of federal tax dollars are coming to Illinois to further support Rockford’s electric grid. During an event in front of a banner saying “Biden-Harris Administration; Investing in America,” Gov. J.B. Pritzker announced the $50 million in federal tax funds coming to the community to help achieve his “ambitious Read More…

Montana State University Extension to Host Inaugural Cattle Academy in Miles City

Montana State University (MSU) Extension is set to launch the first Cattle Academy, a biennial regional conference for beef cattle producers, on November 19-20 at the Custer County Event Center, located at 72 Garryowen Road. The Cattle Academy aims to equip beef cattle producers with valuable insights on contemporary topics, current research, and innovative technologies Read More…

Daines Criticizes Biden Administration’s Mining Regulations as “Cynical”

U.S. Senator Steve Daines today condemned new guidance issued by the U.S. Department of the Treasury regarding the Advanced Manufacturing Production Credit (45X), labeling it a “cynical and desperate attempt to get votes before the election.” Daines’ remarks came after the Treasury made minor adjustments to its draft guidance, which he had previously criticized for Read More…

Gianforte Celebrates $700 Million Investment in Montana’s Energy Infrastructure

Governor Greg Gianforte joined community leaders today to announce a $700 million investment aimed at enhancing affordable and reliable energy in Montana through the North Plains Connector Interregional Innovation project. This initiative will establish the first high-voltage transmission line connecting Montana’s eastern and western power grids. “Access to affordable and reliable energy is a top Read More…

California may lose two more refineries, would have to rely on gas from abroad

(The Center Square) – Short on the heels of another major refinery closure, Valero signaled it is considering closing its two California refineries that produce over 14% of the state’s gasoline. Refinery closures already have the state importing 8% of its gasoline supply, which means the state could soon have to significantly increase its imports Read More…

Wyoming Business Council Launches Job Board

The Wyoming Business Council (WBC) is proud to announce the launch of a new Job Board through Wyoming Venture Capital (WYVC), aimed at enhancing support for its portfolio companies and partners. This initiative addresses the ongoing challenges of recruiting qualified talent in Wyoming while providing job seekers with a streamlined resource to explore employment opportunities Read More…

Montana State University to Host 18th Annual Agricultural Economics Conference

Montana State University’s Department of Agricultural Economics and Economics, in collaboration with MSU Extension, will host the 18th Annual Agricultural Economics Conference from 9 a.m. to 3 p.m. on Friday, November 8. The event will take place at the Best Western GranTree Inn, located at 1325 N. Seventh Ave. in Bozeman. This year’s conference is Read More…

Red Lobster Appoints New CEO Amid Bankruptcy and Menu Overhaul

After closing over 100 locations and filing for Chapter 11 bankruptcy protection in May, Red Lobster has announced the appointment of Damola Adamolekun as its new CEO. The seafood restaurant chain, which has been a staple for 56 years, has faced significant challenges, including a leadership shake-up with five CEOs since 2021. Adamolekun, 35, expressed Read More…

Montana Launches New Grant Program to Boost Rural and Tribal Agritourism

The Montana Department of Commerce has announced the launch of a new grant program aimed at supporting rural and tribal agricultural businesses while promoting economic diversification throughout the state. The funding will be provided through the newly established Agritourism Grants Program. Paul Green, Director of the Montana Department of Commerce, stated, “This new grant program Read More…

Boeing’s ‘Final Offer’ Falls Short for Striking Workers, Says Union

Boeing announced Monday that it had made a “best and final offer” to its striking machinists, including bigger pay raises and larger bonuses. However, the workers’ union quickly rejected the proposal, stating it wasn’t sufficient, and no ratification vote would occur before Boeing’s deadline at the end of the week. The union criticized Boeing for Read More…

Governor Celebrates Opening of Ultimate Defense Technologies Headquarters in Billings

Governor Greg Gianforte cut the ribbon  on the new headquarters and production facility for Ultimate Defense Technologies in Billings, a weapons safety manufacturer expected to create nearly 90 jobs for Montanans. “Thanks to our pro-business policies and strong Second Amendment heritage, businesses like Ultimate Defense Technologies are choosing to relocate to Montana,” Gov. Gianforte said. Read More…

GTUIT Secures Two Key Patents for Gas Processing Technologies

In July, GTUIT was awarded two significant patents that enhance its gas processing capabilities. The first patent, 12,025,373, titled “System and Method for Treating Associated Gas,” is central to GTUIT’s innovative technology. It features a liquid chiller designed to maintain a stable thermal reservoir, allowing for consistent treatment of associated gas, even amid rapid fluctuations Read More…

Gianforte Celebrates Multi-Generation Montana Family Businesses

Governor Greg Gianforte visited two prominent multi-generation family businesses in Missoula and Jefferson counties on  as part of his 56 County Tour, highlighting the enduring spirit of the American Dream in Montana. “The American Dream is alive and well in Montana thanks to our hardworking job creators committed to carrying on their family legacy,” Gov. Read More…

Governor Highlights Small Business Successes During 56 County Tour

Continuing his 56 County Tour, Governor Greg Gianforte visited Sweet Grass, Stillwater, and Carbon counties today to showcase local small business achievements and discuss how pro-business policies are supporting Montana’s rural economies. “It’s great to spotlight our small business owners who are building community and fueling our rural economies,” Gov. Gianforte said. “Through our pro-business, Read More…

Glacier Bancorp Reports Strong Quarterly and First Half 2024 Results

Glacier Bancorp, Inc. (NYSE: GBCI) announced its financial results for the second quarter and first half of 2024, highlighting significant developments in earnings and operational performance. For the second quarter ended June 30, 2024, Glacier Bancorp reported a net income of $44.7 million, marking a notable increase of $12.1 million, or 37 percent, from the Read More…

Bridger Aerospace Acquires FMS Aerospace

BELGRADE, Mont. – Bridger Aerospace Group Holdings, Inc. (“Bridger Aerospace”), a prominent provider of aerial firefighting services, has completed the acquisition of FMS Aerospace (“FMS”), based in Huntsville, Alabama. This strategic move marks Bridger’s expansion into comprehensive airframe modification and integration solutions for government and commercial clients. The transaction, valued at $20.6 million in equity, Read More…

Glacier Bancorp Declares Quarterly Dividend

KALISPELL, Mont. – Glacier Bancorp, Inc. (NYSE: GBCI) announced that its Board of Directors, has approved a quarterly dividend of $0.33 per share. This declaration marks the Company’s 157th consecutive quarterly dividend payout and represents the 49th increase in its dividend history. The dividend is scheduled to be paid on July 18, 2024, to shareholders Read More…

NorthWestern Energy Seeks Rate Increases for Electric and Gas Customers in Montana

NorthWestern Energy has formally requested approval from Montana regulators to raise rates for its electric and natural gas customers, marking its first rate adjustment petition since its last review two years ago. NorthWestern Energy submitted its proposal to the Montana Public Service Commission (PSC) for an interim rate increase. The initial request outlines a $2 Read More…

Montana gets $40 million in federal funds for innovation research

(The Center Square) – Montana is receiving $40 million in federal funds due to legislation sponsored by U.S. Sen. Steve Daines. The “Endless Frontier Act” calls for increased investments in science and technology innovation as a way of strengthening the U.S. economy and national security to compete with China and other nations. “Montana continues to lead Read More…

Gianforte Celebrates Innovation at Belgrade Business

Governor Greg Gianforte recently attended the reopening ceremony of Big Sky Decon in Belgrade, highlighting Montana’s resilient economy and the ingenuity of its entrepreneurs. “Montana’s economy continues to thrive despite challenges like inflation and workforce pressures resulting from policies at the federal level,” Governor Gianforte remarked. “I was pleased to visit Big Sky Decon in Read More…

Gianforte, Chamber of Commerce Highlight Montana’s Business Climate

Governor Greg Gianforte underscored Montana’s thriving economy and recent initiatives to enhance the state’s business environment during his address at the Big Sky, Bright Futures Economic Summit in Bozeman, where he joined the Montana Chamber of Commerce. “With record business creation and a historically high employment rate, Montana’s economy is moving forward,” Governor Gianforte emphasized. Read More…

2024 Employer of Choice Award Winners

The Montana Department of Labor and Industry has announced the winners of the 2024 Montana State Employers Council Employers of Choice Award. This annual accolade celebrates employers who demonstrate exceptional dedication to attracting and retaining employees, thereby nurturing a vibrant workplace culture. “Montana’s small businesses are integral to our economy and our way of life. Read More…

BlueCross BlueShield of Montana to Continue as the State Plan’s Medical  Administrator

The Department of Administration (DOA) announced its intention to award the contract for the state’s health plan’s medical Third-Party Administrator (TPA) to BlueCross BlueShield of Montana (BCBSMT), the incumbent provider. In March 2024, the DOA issued a Request for Proposal (RFP) to solicit competitive bids for TPA services for the state’s medical plan serving employees Read More…

Billings airport adds new airline

Billings City and Billings Logan International Airport have jointly announced the commencement of seasonal air service to Minneapolis-Saint Paul International Airport, facilitated by Sun Country Airlines. The service is set to commence this Wednesday, June 19, and will operate through late August. The inaugural flight from Minneapolis-St. Paul is scheduled to arrive just after 12 Read More…

Comparing Biden’s Economy to Trump’s Economy

The economy is set to be a pivotal issue in the 2024 presidential election, highlighting the stark differences between President Joe Biden and former President Donald Trump. Consider the American economy as a bag filled with a variety of policies and economic indicators, with inflation being a prominent one. Although inflation has retreated from its Read More…

New Vermont law requires fossil fuel industry to pay for ‘climate change’ damage

(The Center Square) – Vermont is the first state to enact a law requiring the fossil fuel industry to pay for “climate change cost recovery.” The bill became law without Republican Gov. Philip Scott signing it. In a May 30 letter to the Vermont General Assembly, he explained why. “Vermont – one of the least Read More…

Governor Gianforte Hears Come Home Montana Story in Drummond

DRUMMOND, Mont. – Joining Montana Department of Agriculture (MDA) Director Christy Clark, Governor Greg Gianforte earlier this week continued his 56 County Tour visiting Farmer Boy Eggs in Granite County to highlight a true come home Montana story about the Verlanic family. “For too long, Montana’s most valuable export has been our kids and grandkids,” Read More…

Montana State American Marketing Association chapter wins awards at international conference

BOZEMAN — The Montana State University student chapter of the American Marketing Association earned a Top 10 designation out of more than 350 chapters at the annual AMA International Collegiate Conference, which was held in New Orleans this spring. In addition to the chapter’s Top 10 designation — its fifth straight — the MSU AMA Read More…

Missoula Business Owner Finds Success in UM’s MBA Program

MISSOULA – In early 2020, as the COVID-19 pandemic began to make people feel isolated, University of Montana alumna Syann Stevens created a platform to connect residents, businesses and organizations across Missoula. Stevens founded TAPMissoula, a local social-media hub that offers a safe, virtual space for individuals, existing networks and community groups to stay connected. Read More…

MSU graduate student venture nabs top award at fifth annual $100K Venture Competition

BOZEMAN — The finals of the fifth annual $100K Venture Competition, hosted by Montana State University’s Jake Jabs College of Business and Entrepreneurship and the MSU Blackstone LaunchPad, were held April 24 in Inspiration Hall at MSU. During the competition, the finalists pitched their innovative business ideas to a panel of five judges and answered Read More…

Lee Enterprises Adopts ‘Poison-Pill’ to Block Quint Digital

Lee Enterprises, Incorporated (NASDAQ: LEE),has announced that its Board of Directors  approved a limited-duration shareholder rights plan (“Rights Plan”). Effective immediately, the Rights Plan will remain in effect until March 27, 2025. However, the Board retains the option to terminate the Rights Plan earlier if deemed necessary. The decision to implement the Rights Plan comes Read More…