Featured Articles in Montana Business News

NorthWestern Energy Signs Massive Data Center Power Deals

NorthWestern Energy has announced agreements to supply significant amounts of electricity to two proposed data centers in Montana, with combined power demands set to exceed the capacity of the state’s newest gas-fired power plant. The development raises questions about Montana’s energy infrastructure and its ability to meet growing demand while maintaining reliable service. The larger Read More…

Montana Unemployment Rate Holds at Historic Low in November

Montana’s unemployment rate remained at 3.2% in November, continuing an unprecedented stretch of low unemployment that has persisted for 41 consecutive months, with rates at or below 3.4%. The state’s historic run surpasses the previous record set in 2006-2007 when unemployment rates stayed at or below 3.4% for 15 months. In November alone, Montana added Read More…

Montana Business Owners Notified to Report Equipment for 2025 Tax Year

The Montana Department of Revenue has issued a reminder to business owners with equipment reporting requirements to submit their reports for Tax Year 2025. Businesses and individuals owning business equipment with a total market value exceeding $1 million statewide as of January 1, 2025, must file their reports by March 1, 2025, to avoid a Read More…

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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…

REC Silicon in Butte lays off 30

BUTTE – REC Silicon in Butte announced Wednesday it is laying off 30 employees at its facility just south of Butte. The layoffs were made for efficiency improvements and cost-cutting initiatives, according to a news release issued by the company Wednesday morning. READ THE FULL STORY.

New narrative details CFAC’s history

A former Columbia Falls Aluminum Co. electrical planner has published a comprehensive online history of the Columbia Falls Aluminum Co. plant. From the geology, chemistry, and history of Earth’s aluminum, to the aluminum boom from the 1960s to the 1990s, Richard Hanners’ history tells the whole story, including the rise and fall of Anaconda Aluminum Read More…

Chasing the Sun

Advocates see great potential in Montana’s growing solar power industry, but a Public Service Commission decision has changed the landscape. Up the North Fork of the Flathead — one of the wildest valleys remaining in the lower 48 states — the Polebridge Mercantile acts as a tiny haven of modernity, offering visitors baked goods, cold Read More…

3 Montana Made: Tucker Family Farm

Hidden away from a smoky summer day, head cheese maker Allison Dembek looks over sheep milk cheeses aging in a cheese cave on the Tucker Family Farm, nestled between Victor and Hamilton. “Cheese making is beautiful in its science. This perfect match of exact scientific precision and also for the finish, it’s creative and it’s Read More…

MT small-business lobby supports repeal of `Obamacare’

HELENA – While U.S. Senate Republicans’ plan to repeal “Obamacare” has been criticized for potentially undercutting coverage for thousands of low-income Montanans, at least one group is firmly behind it: The state’s primary lobby for small businesses. “What we’re looking for is a health-care system that is affordable, flexible and predictable,” says Riley Johnson, state Read More…