Featured Articles in Montana Business News

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…

All in: Montana Business News

MSU Extension and Stockgrowers announce 2023 Steer of Merit certifications

BOZEMAN — Montana State University Extension and the Montana Stockgrowers Association awarded 2023 Steer of Merit certifications at the association’s Dec. 7 convention in Billings. MSU Extension beef cattle specialist Megan Van Emon presented the top five winners of the carcass and ultrasound Steer of Merit contests at a Best of Beef Luncheon. MSU Extension Read More…

United Airlines adds more flights from Billings to Denver

United Airlines has expanded its flight offerings from Billings to Denver, introducing two additional daily flights and bringing the total to five. The announcement was made collaboratively by the city of Billings, Visit Billings, the Billings Chamber of Commerce, and Big Sky Economic Development in a news release. READ THE FULL STORY: https://montananewsroom.com/united-airlines-adds-more-flights-from-billings-to-denver/

Montana’s Outdoor Recreation Industry Grew 14% in 2022

In a report released last week, the U.S. Bureau of Economic Analysis (BEA) confirmed that Montana’s outdoor recreation industry continues to play a significant role in the state’s economy. According to the 2022 report detailing the industry’s economic impact, outdoor recreation contributed to 4.3% of Montana’s gross domestic product (GDP) last year. While this represents Read More…

Alpha Loading Systems Expansion

Governor Greg Gianforte made a visit to the newly expanded Alpha Loading Systems Facility in Stevensville, Montana. The governor’s visit came in response to the recent expansion of the company’s operations, driven by the increased demand for its American-made machinery and ammunition. This development underscores the vital role that small businesses play in Montana’s economy, Read More…

https://nbcmontana.com/news/local/montana-bear-spray-rental-business-marks-3rd-year-of-operation

 A bear spray rental business in southwest Montana is marking its third year of operation. TrailQuipt has locations in Gardiner, West Yellowstone and outside Bozeman. The business rents bear spray canisters for two days for $16, which they call a cost-effective alternative to buying bear spray. The company is implementing an online reservation system this Read More…

Montana Veterans Acquire Wyoming-based Irrigation Company

Mullinax Irrigation & Construction Supply, which provides irrigation solutions and construction products from their headquarters in Sheridan, WY, recently announced the sale of their business to a new generation of ownership. Kevin Beagle and Dustin Frost, an Army and a National Guard Veteran, both with connections to the Billings business community, have purchased the company Read More…

Keefe, Bruyette & Woods Maintains First Interstate BancSystem Inc. – (FIBK) Market Perform Recommendation

Fintel reports that on April 28, 2023, Keefe, Bruyette & Woods maintained coverage of First Interstate BancSystem Inc. – (NASDAQ:FIBK) with a Market Perform recommendation. Analyst Price Forecast Suggests 40.35% Upside As of April 24, 2023, the average one-year price target for First Interstate BancSystem Inc. – is 37.01. The forecasts range from a low of 31.31 to a high of Read More…

NorthWestern Energy Announces Election of Sherina Maye Edwards to the Board of Directors

NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that Sherina Maye Edwards has been elected by the company’s shareholders to the Board of Directors, bringing extensive regulatory, legal, utility infrastructure and executive experience to the independent board. Edwards is the former Chief Strategy Officer of MasTec, Inc., a NYSE-listed infrastructure construction company and former Read More…

Greg Gianforte

Gianforte Receives Praise for Tax Relief

Governor Greg Gianforte received praise from industry leaders, business owners, and business advocates for his  advocacy of a tax relief package, signed into law on March 13. Fulfilling  his campaign promise to address the priorities of Montanans by offering them the largest tax cut in the state’s history, which includes both immediate tax rebates and Read More…

University of Providence partners with Touro medical college

The University of Providence announced a partnership with Montana’s first medical school — Touro University of Osteopathic Medicine in Great Falls. The agreement with Touro will allow UP to offer students a Biology degree with a Health Professions concentration. Students enrolled in the program will be guaranteed an admissions interview (if GPA requirements are met) Read More…

Businesses react to surge in gas prices

The recent surge in gas prices is fueling operational adjustments across the Flathead Valley business landscape. Donny Stevens, who runs a Columbia Falls trucking company, said his biweekly bill increased by $5,000 from one statement to the next. “It’s affecting us big-time,” Stevens said. READ THE FULL STORY

Montana Rail Link has no specific branch line plans “at this time”

While Montana Rail Link will be getting out of the railroad business by shifting operations to Burlington Northern Santa Fe, the Missoula-based company will still control considerable real estate. That includes some important, but currently unused branch lines in Western Montana. During the most recent meeting of the Big Sky Passenger Rail Authority (BSPRA), spokesman Jon Bennion explained Read More…

Helena heavy equipment dealer is navigating supply chain and inflation disruptions

The road back to normal is still a bumpy one for many businesses. For Helena heavy equipment dealer Empire Equipment Company they’re taking on the challenges as they come. “It’s been pretty difficult,” Empire Equipment Company General Manager Krista Marshall told MTN. “Luckily our manufacturers have been well established at getting parts from Europe to North America. Read More…

National Restaurant Association asks Congress for more grant money as omicron hits industry

The National Restaurant Association is asking Congress to replenish the Restaurant Revitalization Fund as the Covid omicron variant hits operators’ businesses. Last year, lawmakers created the $28.6 billion fund to aid bars and restaurants struggling in the wake of the pandemic. The grants were designed to make up for a restaurant’s full pandemic losses of up Read More…

Montage Hotels & Resorts Announces the Opening of Montage Big Sky

BIG SKY, Mont., Dec. 15, 2021 /PRNewswire-PRWeb/ — Montage Hotels & Resorts today announced the opening of Montage Big Sky, a modern alpine retreat offering an elevated spirit of comfort and distinctive amenities that epitomize today’s sense of luxury, in an idyllic location for year-round adventures in Southwest Montana. The resort is located less than an hour from Yellowstone National Park and surrounded by Read More…

Kalispell Finalizes Ordinance to Restrict Marijuana to Industrial Zones

The Kalispell City Council voted to restrict marijuana dispensaries, cultivation and manufacturing to industrial zones after a second reading of the ordinance at the Oct. 18 council meeting, setting the city’s framework for facilities once operations can begin on Jan. 1, 2022. While marijuana operations are permitted in the city, they will be limited to Read More…

Montana company taps into new farming techniques to meet growing food demand

HAMILTON — It’s fall in Montana, with windswept mountain ranges and morning temperatures hovering in the 30s, and it’s not the ideal growing season. That is unless you’re inside Local Bounti. “This new type of growing is really exciting,” said Meaghan McGrath, director of product development. Local Bounti is a company specializing in growing facilities that Read More…

As Pressure Mounts on Private Timber Companies to Convert Forestland for Development, Many in Northwest Montana Choose to Conserve

If the growing scrum of land and development interests bearing down on the intermountain west were to attend a formal gala, the region’s swaths of privately owned forestlands would surely stand out as the belle of the ball. And yet, as America’s working forestlands endure an unprecedented degree of pressure to convert their traditional bases to Read More…