Featured Articles in Montana Business News

University of Montana economists tout Billings economy during stop

BILLINGS — Economists with the University of Montana touted Billings’ economic health during a Tuesday luncheon at the Northern Hotel. Patrick Barkey, the University of Montana Bureau of Business and Economic Research director, said Billings has had good construction activity, a healthy real estate sector and financial institutions that are doing well. “Billings is the Read More…

Berkadia Secures $30M for MF in Montana

Berkadia secured $30.3 million in financing for Talus Apartments, a 288-unit garden-style multifamily community in Great Falls, MT. Seattle-based Investors Capital Group, LLC, was the borrower. The 10-year Freddie Mac loan features a full-leverage loan with partial-term interest-only. Located at 2100 26th St. S, the community was constructed in two phases from 2015 to 2018. Read More…

‘An earthquake’: The deal that changed Montana’s insurance market

Two decades ago, four Montana hospitals tried something new. They bankrolled a company to compete with the most powerful insurer in the state. The hospitals wanted to challenge what they described as Blue Cross Blue Shield of Montana’s “dominating presence.” So they founded insurer New West Health Services in 1998 to cover hospital employees and Read More…

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University of Montana economists tout Billings economy during stop

BILLINGS — Economists with the University of Montana touted Billings’ economic health during a Tuesday luncheon at the Northern Hotel. Patrick Barkey, the University of Montana Bureau of Business and Economic Research director, said Billings has had good construction activity, a healthy real estate sector and financial institutions that are doing well. “Billings is the Read More…

Berkadia Secures $30M for MF in Montana

Berkadia secured $30.3 million in financing for Talus Apartments, a 288-unit garden-style multifamily community in Great Falls, MT. Seattle-based Investors Capital Group, LLC, was the borrower. The 10-year Freddie Mac loan features a full-leverage loan with partial-term interest-only. Located at 2100 26th St. S, the community was constructed in two phases from 2015 to 2018. Read More…

‘An earthquake’: The deal that changed Montana’s insurance market

Two decades ago, four Montana hospitals tried something new. They bankrolled a company to compete with the most powerful insurer in the state. The hospitals wanted to challenge what they described as Blue Cross Blue Shield of Montana’s “dominating presence.” So they founded insurer New West Health Services in 1998 to cover hospital employees and Read More…

Port of Northern Montana Confirms Significant Low Cost Renewable Electrical Power Availability at Shelby Data Center Development Park

SHELBY, Mont., Jan. 27, 2020 /PRNewswire/ — The Port of Northern Montana has recently confirmed that it has a significant amount of low-cost renewable electrical power available at its Data Center Development Park in Shelby. In particular, as a result of a cooperative arrangement with NaturEner USA, there is approximately 10 megawatts (MW) of renewable electrical power currently available at the Shelby Data Center Read More…

Bozeman airport brings first direct Nashville flights to Montana

BELGRADE, Mont. – Montanans are ready for takeoff to the country music capital Nashville, Tenn. for the state’s first direct flight to Music City, USA. Montana’s busiest airport, Bozeman Yellowstone International Airport, is getting ready for a new direct flight to Nashville through Allegiant Airlines. You can start booking flights now for nonstop service, with Read More…

Montana apprenticeship program graduates first brewer

To celebrate his graduation, Nicholas Balcken will likely raise a glass — of Blackfoot River Brewing Company beer. On Friday, Balcken became the first participant in the Montana Registered Apprenticeship Program to receive a Professional Brewer Certificate. With this credential, the Blackfoot River Brewing Co. employee said, “I hope to be able to develop better beers and improve my Read More…

Helena rancher representing Montana at 101st American Farm Bureau Federation’s Annual Convention

HELENA — A third-generation rancher from Helena, Montana won the Montana Farm Bureau Young Farmer and Rancher Discussion Meet back in November. The prize was a brand new Polaris Ranger and an all-expense paid trip to compete in the national competition in Austin, Texas coming up in January. Rocky Forseth says, “We can take a Read More…

CBD manufacturing company opens in Ronan

RONAN – The first hemp-processing license in the State of Montana was issued to a Ronan business in November from the Montana Department of Agriculture. Green Ridge Biosolutions moved into a 15,000 square-foot building at 63298 U.S. Highway 93, located near the Ronan arch, in September. Sam Belanger, chief operations officer, said he looks forward Read More…

Daines says he’ll introduce new agreement to settle CSKT water dispute

An agreement between the Confederated Salish and Kootenai Tribes and the federal government over long-disputed water rights took a major step forward Thursday when Montana Sen. Steve Daines said he plans to introduce a bill that would implement a new settlement framework. “Today is a really important step. We’ve reached a historic compromise on a Read More…

Montana clothing company sues over use of copyrighted camouflage design

BILLINGS — Montana clothing company All Season All Terrain (ASAT) Outdoors is suing New York-based fashion company Supreme for copyright infringement after Supreme sold clothing printed with a copyrighted camouflage design, according to court documents. Stevensville based ASAT Outdoors filed the suit on Nov. 11 in New York District Court. The Montana company claims to Read More…

Montana Apprenticeship Program signs 1st caregiver agency

BOZEMAN, Mont. — The first caregiver organization signed up for the Montana Apprenticeship Program Thursday. The program will provide 14 caregivers with dementia training at First Choice Home Health in Bozeman, where they say most of their patients are suffering from some form of dementia. In 2017, there were 287 deaths caused by dementia and Alzheimer’s Read More…

MSU’s Mamie Hertel becomes first woman from Montana selected as national FFA officer

The annual FFA National Convention is usually both an enjoyable and educational experience for the nearly 70,000 young agriculturalists who attend. But for one Montana State University student, the 2019 convention was life changing. Mamie Hertel is a sophomore financial engineering major, a multidisciplinary program in the Department of Agricultural Economics and Economics in the Read More…

Montana’s Small Business Development Centers Expand Access to Services and Rural Outreach

HELENA, Mont. – Three Small Business Development Centers are expanding access to services and outreach to rural areas by hiring additional staff to better serve small business owners and entrepreneurs across Montana. The Great Falls SBDC, based at the Great Falls Development Authority (GFDA), has hired a rural business adviser – a new position created to make business Read More…

Bidding open for 7 Montana alcohol beverage licenses

HELENA — Bidding is open for seven alcohol licenses in Montana, including Bozeman and Belgrade. According to a press release from the Montana Department of Revenue, on-premises beer licenses are available in Helena, Bozeman, Hamilton, Belgrade, and Polson. All-beverage floater licenses are available in Bozeman and Missoula. A “floater” license allows the applicant to purchase, Read More…

Montage To Bring First Ultra Luxury Resort And Residences To Big Sky Montana

Montage International, the hotel and resort management company behind the brand, Montage Hotels & Resorts, will open a resort with a hotel and residences in Big Sky, Montana. Currently under construction, Montage Big Sky will be the first ultra-luxury five-star resort in the entire state. Located at Spanish Peaks Mountain Club, a private ski and golf course community set on more Read More…

MSU to offer pest management tour across SW Montana

The Montana State University Pesticide Education Program, with assistance from the Montana Department of Agriculture, is offering a pest management tour for pesticide applicators at eight locations across southwestern Montana from Oct. 7 to Oct. 10. Speakers will present on a variety of topics, including managing rodents; invasive grass management; weeds and wildfire; crop insect Read More…

Under the Big Sky receives GMF Grant

Under the Big Sky, the Emmy Award-Winning storytelling series from the Montana Television Network, has received a $40,000 grant from the Greater Montana Foundation to continue to bring stories about life in Montana to audiences. The series premiered in February 2017 and recently finished production on its seventh episode. The quarterly program combines cinematic visuals Read More…