Featured Articles in Montana Business News

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…

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…

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…

All in: Montana Business News

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…

FAA proposes $339k civil penalty against Montana company for operating flights with underqualified pilots

HELENA, Mont. – The Federal Aviation Administration (FAA) is proposing a $339,716 fine against Helena-based Slice of the 406 LLC, and Minnesota-based 82 and Sunny LLC, for “allegedly conducting illegal charter flights.” The FAA alleges between July 2017 and November 2018, 26 passenger-carrying flights were conducted without having the required FAA operating or air carrier certificates. The Read More…

New brewery opens in Thompson Falls

After more than a decade in the making, Limberlost Brewing Co. is open in Thompson Falls. Two northwestern Pennsylvania natives — Zach and Kate Whipple-Kilmer — learned from a close friend how to brew beer more than a decade ago. They saved their money, bought their equipment and bided their time. In 2015, the couple Read More…