Featured Articles in Montana Business News

SITKA Announces Sales Team Expansion and Territory Realignment

SITKA Gear, a leader in high-performance hunting and outdoor apparel, announced a series of strategic changes to its sales team aimed at aligning talent with the company’s evolving business priorities. The adjustments include the addition of three new sales representatives and a significant territory expansion for a veteran team member, all designed to strengthen retail Read More…

All in: Montana Business News

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…

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…