Featured Articles in Montana Business News

Montana Business Owners Notified to Report Equipment for 2025 Tax Year

The Montana Department of Revenue has issued a reminder to business owners with equipment reporting requirements to submit their reports for Tax Year 2025. Businesses and individuals owning business equipment with a total market value exceeding $1 million statewide as of January 1, 2025, must file their reports by March 1, 2025, to avoid a Read More…

Montana-Based Glacier Bank Declares 159th Consecutive Quarterly Dividend

Glacier Bancorp, Inc. (NYSE: GBCI), the parent company of Montana’s Glacier Bank, announced on November 20, 2024, that its Board of Directors declared a quarterly dividend of $0.33 per share. This marks the company’s 159th consecutive quarterly dividend and highlights its impressive track record of 49 dividend increases since its founding. The dividend will be Read More…

Bridger Aerospace Reports Record Q3 Results and Raises 2024 Revenue Guidance

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, has announced record financial results for the third quarter of 2024, marking a strong performance driven by high demand for its Super Scooper fleet. As a result, the company has raised its revenue guidance for the year and narrowed Read More…

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Montana Receives $3.5 Million Grant to Support Laid-Off Sibanye-Stillwater Mine Workers

Gov. Greg Gianforte, U.S. Senator Steve Daines, U.S. Representative Ryan Zinke, and the Montana Department of Labor & Industry (DLI) announced that Montana has secured a $3.5 million federal grant to assist workers recently laid off from the Sibanye-Stillwater Mine in the state’s largest recent mining workforce reduction. “This grant is a vital step in Read More…

Montana Allocates $37 Million in Federal Housing Tax Credits to Build Affordable Homes

The Montana Department of Commerce announced today the allocation of more than $37 million in federal housing tax credits to support the construction of new affordable housing in five Montana communities. The funding will help address the growing need for affordable housing in the state, with 136 new homes planned in Billings, Bozeman, Dillon, Missoula, Read More…

Montana State University Students Win Big at Annual Big Idea Challenge

Montana State University students showcased their entrepreneurial spirit at the annual Big Idea Challenge on Nov. 7, earning $10,000 in prize money for innovative projects ranging from sustainable food products to medical equipment. The competition, hosted by the Jake Jabs College of Business and Entrepreneurship and MSU’s Blackstone LaunchPad, featured 12 finalist teams selected from Read More…

Montana Business Owners Notified to Report Equipment for 2025 Tax Year

The Montana Department of Revenue has issued a reminder to business owners with equipment reporting requirements to submit their reports for Tax Year 2025. Businesses and individuals owning business equipment with a total market value exceeding $1 million statewide as of January 1, 2025, must file their reports by March 1, 2025, to avoid a Read More…

Montana Department of Commerce Opens Applications for 2024 Big Sky Film Grant

The Montana Department of Commerce has announced the opening of the 2024 Big Sky Film Grant (BSFG), offering financial support to filmmakers creating projects that showcase Montana’s unique landscapes, culture, and talent. The grant program is open for applications until February 7, 2025 and is designed to foster growth and opportunities for Montana-based film and Read More…

Montana-Based Glacier Bank Declares 159th Consecutive Quarterly Dividend

Glacier Bancorp, Inc. (NYSE: GBCI), the parent company of Montana’s Glacier Bank, announced on November 20, 2024, that its Board of Directors declared a quarterly dividend of $0.33 per share. This marks the company’s 159th consecutive quarterly dividend and highlights its impressive track record of 49 dividend increases since its founding. The dividend will be Read More…

Bridger Aerospace Reports Record Q3 Results and Raises 2024 Revenue Guidance

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER, BAERW), one of the nation’s leading aerial firefighting companies, has announced record financial results for the third quarter of 2024, marking a strong performance driven by high demand for its Super Scooper fleet. As a result, the company has raised its revenue guidance for the year and narrowed Read More…

Bridger Aerospace Group Holdings to Announce Third Quarter Financial Results

Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”) (NASDAQ: BAER, BAERW), one of the largest aerial firefighting companies in the United States, has announced that it will release its financial results for the third quarter ending September 30, 2024, on Monday, November 11, 2024, after the market closes. Management will host an investor conference 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…

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…

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…

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…

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, 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…

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…

Governor Gianforte Tours Hi-Country Snacks in Lincoln

GREAT FALLS, Mont. – As part of his celebration of Montana Agriculture Week, Governor Greg Gianforte  visited Hi-Country Snacks in Lincoln to learn more about how the company supports agricultural producers. “Hi-Country Snacks is embracing the future of value-added agriculture with new technologies and processes,” Gov. Gianforte said. “Value-added agriculture allows our producers to capture Read More…