Featured Articles in Montana Business News

Governor Gianforte Welcomes Rivian as First Electric Vehicle Manufacturer in Montana

Governor Greg Gianforte joined Rivian officials and community leaders in Belgrade this week to celebrate the opening of the company’s new 20,000-square-foot service and demo center, marking Rivian as the first electric vehicle manufacturer to invest in Montana. “It’s great to welcome Rivian to Montana as the first electric vehicle manufacturer to invest in our Read More…

Gianforte Welcomes Semiconductor Firm to Montana

Gov. Greg Gianforte on Monday marked the opening of Eshylon Scientific’s new facility in Bozeman, cutting the ribbon on the semiconductor manufacturing solutions company’s relocation from California to Montana. The governor toured the site and highlighted the investment as part of Montana’s growing technology and semiconductor industry. “Montana is becoming a hub for entrepreneurship and Read More…

Montana Commerce Department Launches New Loan Program for Rural Businesses

The Montana Department of Commerce announced Monday that a new loan participation program aimed at expanding access to capital for rural businesses will open for applications on Oct. 1, 2025. The Opportunities in Rural Economies (ORE) Loan Participation Program will partner with local lenders to provide low-interest loans for projects that support job creation, strengthen Read More…

All in: Montana Business News

Hotels on the Rise

Since the beginning of 2016, in a two-and-a-half year span, Kalispell, Whitefish and Columbia Falls have added six new hotels with 500-plus rooms and more than 300,000 total square feet, counting four completed hotels and two scheduled for completion this summer. Now another new hotel is coming to Kalispell with the recent application of My Read More…

Montana to see $2.1 million investment from Union Pacific

The railroad’s planned investment will fund various initiatives, including a $1.4 million investment in the rail line between Butte-Silver Bow and near Lima to replace 10,000 crossties along our Montana Subdivision. UP also plans a $748,600 investment in the rail line between Moose Creek and Walkerville to replace curve rail along the railroad’s Montana Subdivision. Read More…

Eagle Bancorp Montana Earns $573,000 in the First Quarter; Highlighted by Ruby Valley Bank Acquisition; Declares Regular Quarterly Cash Dividend of $0.09 per Share

HELENA, Montana, April 24, 2018 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (NASDAQ:EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana, today reported net income was $573,000, or $0.11 per diluted share, in the first quarter of 2018, compared to $763,000, or $0.20 per diluted share, in the first quarter of 2017. Read More…

Top execs depart Kalispell Regional

Kalispell Regional Healthcare is undergoing a transition in its leadership team as three top executives, the director of its digestive health institute and a contingent of its internal design team have either departed or announced plans to retire. In recent weeks, three prominent members of the Kalispell Regional staff who also serve on the hospital Read More…

Signs of the Times

In the outside, Meissenburg Designs still looks a lot like it did when it was the site of Martin’s Peat, located southeast of Bigfork. Loyd and Laura Meissenburg acquired the property in 2013, with most of the changes occurring inside to accommodate their growing design and fabrication company. The magnificent Swan Mountains rise above the Read More…

TLAND TECH Montana’s high-tech companies pay almost double the state average but report hiring challenges

Montana’s high-tech businesses want to demonstrate that they can play a meaningful role in growing the state’s economy by offering higher wages than other businesses in the state, adding more jobs, and generating quick revenue growth. That’s according to a report out today from the Montana High Tech Business Alliance. The organization, with assistance from Read More…

Montana-based mapping startup onXmaps raises a round of funding fit for Big Sky Country

A mapping startup based in Missoula, Mont., which allows users to download sophisticated offline topographic maps outlining public and private lands and a number of other features geared towards hunting, fishing and camping, has pulled in its first major outside funding. onXmaps has closed a $20.3 million Series A round led by Summit Partners. Bessemer Read More…

BNSF Plans $135 Million Capital Program in Montana for 2018

WHITEFISH, Mont.–(BUSINESS WIRE)–BNSF Railway Company (BNSF) today announced that its 2018 capital expenditure program in Montana will be approximately $135 million. This year’s plan in Montana remains focused on maintenance projects to ensure BNSF continues to operate a safe and reliable rail network. The largest component of this year’s capital plan in the state will Read More…

Economic Outlook Seminar to Explore ‘The Future of Higher Education in Montana’

The University of Montana Bureau of Business and Economic Research’s 43rd annual economic outlook seminar will be held in Kalispell on Feb. 6, with this year’s program exploring the relationship between higher education and the state’s economy. The keynote speaker is Robert Nystuen, president of Glacier Bank and vice chair of the Montana University System Read More…

Leadership Montana meets in Helena

Growing tomorrow’s leaders today for Montana was the focus of a luncheon held at the Capitol rotunda. It was Leadership Montana’s fourth session with the class of 2018. Individuals involved were business leaders and government leaders that come from all corners of the state. Channel Schieffer, President and CEO of Leadership Montana said she is Read More…

Photonics company acquired, to move production facility to Bozeman

A Nebraska manufacturer has acquired a Bozeman-based photonics company and will relocate the company’s production facility from Singapore to Bozeman. Elemental Scientific, an Omaha company that specializes in spectroscopy technology — a method of identifying material using light — purchased the newly named Elemental Scientific Lasers, located on North Seventh Avenue across the street from Read More…