Featured Articles in Montana Business News

Scammers impersonate First Interstate

A new wave of phone scams is targeting bank customers, using sophisticated caller ID fraud, also known as “vishing.” Scammers are impersonating representatives from First Interstate Bank, deceiving customers into handing over sensitive financial details. According to reports, fraudsters manipulate caller ID to make it appear as though calls are coming from a legitimate First Read More…

Headwaters Hospice Expands, Bringing Compassionate Care to More Montanans

Just one year after earning CHAP Accreditation, Headwaters Hospice and Palliative Care has become a trusted provider of compassionate end-of-life care in the Helena Valley. Fueled by overwhelming community support, the locally and veteran-owned organization is now expanding its services to Butte and Silver Bow County, bringing in-home palliative care to the area for the Read More…

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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…

Study: Montana lost $240 million in tourist spending due to fires

The fires that charred large swaths of Montana over the summer discouraged hundreds of thousands of tourists from visiting the state, resulting in a $240 million loss in visitor spending, according to a new report. Preliminary data released by the University of Montana’s Institute for Tourism and Recreation Research estimates that tourists in Montana spent Read More…

Montana jobless rate at 4.0% in November

HELENA – Gov. Steve Bullock reports that Montana’s unemployment rate has remained steady for most of 2017, saying workers and families are heading into the holidays with a strong economy driving growth in local communities across the state. Gov. Bullock’s office says the unemployment rate was 4.0% for the month of November while the U.S. Read More…

Women-owned Businesses Increase 50% in Montana

Montana has an estimated 37,400 women-owned businesses, employing 35,000 and attributing to roughly $4,771,100,000 according to the seventh annual State of Women-Owned Businesses Report, commissioned by American Express OPEN. The report analyzes data from the U.S. Census Bureau’s Survey of Business Owners and factoring in relative changes in Gross Domestic Product (GDP). Montana is ranked Read More…

Blue Cross-Blue Shield Montana announces Dr. Monica Berner as next president

(HELENA) Blue Cross-Blue Shield of Montana announced Monday that Dr. Monica Berner will be its next president. “I am humbled and excited to build on our past successes and celebrate innovation as we continue to navigate the ever-changing health care environment,” Berner said in a press release. “We are dedicated to making the health care system Read More…

First Security Bank to Join First Bank of Montana

Inter-Mountain Bancorp, Inc., the Bozeman-based holding company for First Security Bank, has entered into an agreement to join the Glacier Bancorp family of banks.  Pending Board and regulatory approval, First Security will officially be under the Glacier Bancorp umbrella in early 2018. The new relationship will eventually lead to First Security Bank’s Golden Triangle locations Read More…

Economic Excitement Rises in Columbia Falls

COLUMBIA FALLS — The prominent hotel and convention center. The lineup of renovated and emerging storefronts and apartment buildings populating almost half of Nucleus Avenue. Even the aerial photo of the “Gateway to Glacier” placed front and center on the city government’s website. All courtesy of Mick Ruis. It’s impossible to walk through Columbia Falls Read More…

Boelter Joins Special Investment Bank Program

Kathy Boelter, Billings, founder and President of Arrow Solutions Group, was recently accepted into the Goldman Sachs 10,000 Small Businesses program, a very coveted award for small business owners who demonstrate dynamic leadership in business. The program, a co-investment between Goldman Sachs and Bloomberg Philanthropies, focuses on job creation and economic development. It offers participants Read More…

New Multi-Species Slaughter Facility Proposed In Montana

A Canadian livestock production and animal nutrition corporation is seeking to build Montana’s largest slaughterhouse and meat processing facility near Great Falls. According to the Great Falls Tribune, Friesen Foods has filed a Special Use Permit (SUP) with the Cascade County Planning Division for the proposed “Madison Food Park” complex, which could employ 3,000 people. Read More…

Town & Country Builds New Plant

The economics of unit trains and improving technology are making possible the building of a new mega fertilizer plant by Town & Country Supply Association near Lockwood. Construction began in February and is expected to be completed in December. It will be operational just in time to serve the needs of farmers for the 2018 Read More…