Featured Articles in Business

Governor Gianforte Welcomes Rivian as First Electric Vehicle Manufacturer in Montana

Governor Greg Gianforte joined Rivian officials and community leaders in Belgrade this week to celebrate the opening of the company’s new 20,000-square-foot service and demo center, marking Rivian as the first electric vehicle manufacturer to invest in Montana. “It’s great to welcome Rivian to Montana as the first electric vehicle manufacturer to invest in our Read More…

Warren Buffett Marks 95th Birthday With Reflection on Legacy, Berkshire’s Future

Warren Buffett, the legendary investor known as the “Oracle of Omaha,” celebrated his 95th birthday Tuesday in typically understated fashion, surrounded by close family and friends in his hometown. Buffett, chairman and chief executive of Berkshire Hathaway, has long avoided lavish celebrations. Instead, those close to him said the billionaire spent the day with a Read More…

Gianforte Welcomes Semiconductor Firm to Montana

Gov. Greg Gianforte on Monday marked the opening of Eshylon Scientific’s new facility in Bozeman, cutting the ribbon on the semiconductor manufacturing solutions company’s relocation from California to Montana. The governor toured the site and highlighted the investment as part of Montana’s growing technology and semiconductor industry. “Montana is becoming a hub for entrepreneurship and Read More…

All in: Business

Montana State Fund presents $540,000 return to MBIA

HELENA — Montana State Fund presented the Montana Building Industry Association (MBIA) with a $539,902 check Thursday morning for their efforts to improve workplace safety. MBIA instituted a Group Retention Insurance Program, or GRIP, which help foster safe workplaces for construction sites. “Montana State Fund applauds the efforts and determination of the Montana Building Industry Read More…

Struggling Nordstrom is banking on exclusivity to compete with Amazon and overcome sales woes

Though the Nordstrom Anniversary Sale officially opened to the public on Friday, July 19, the bargain hunting had already been well underway for an exclusive group of people — Nordstrom card holders. For several years, the department store has granted its most loyal shoppers special access to the annual sale, an effort to generate buzz and clout Read More…

New York gives green light for two huge offshore wind projects in waters off Long Island

New York State has awarded two offshore wind contracts with a combined capacity of almost 1,700 megawatts (MW) in waters off Long Island. The contracts were awarded to Norwegian firm Equinor and a joint venture between Danish company Orsted and U.S. business Eversource. The Empire Wind and Sunrise Wind developments were announced as the winners of New York’s Read More…

Walmart announces executive shuffle to further integrate stores and digital

Walmart is making further organizational changes as it continues to integrate its store and digital operations and leadership, according to a memo obtained by CNBC that was sent by CEO Doug McMillon to the retailer’s employees. “Our customers want one, seamless Walmart experience,” McMillon wrote to employees. “Earning more of our customers’ business in food and Read More…

REAL Montana announces class IV

BOZEMAN – Twenty current and emerging leaders from Montana’s natural resource industries have been selected to take part in Class IV of REAL Montana (Resource Education and Agriculture Leadership). Class IV will begin their leadership journey on September 12, 2019 at their first seminar in Bozeman. “REAL Montana continues to strengthen its mission of building Read More…

Bridger Brewing, Montana State University Send Beer Ingredients into Space

HARLOWTON, Mont. — Bridger Brewing, Montana Space Grant Consortium at Montana State University and Bozeman-based Crooked Yard Hops have partnered on a project that sent beer ingredients into space. The retrieved ingredients were then used to brew a commemorative beer celebrating the upcoming 50th anniversary of the Apollo 11 moon landing. While other breweries are Read More…

Montana solar project wins in court, will triple state’s capacity

Montana judge James A. Manley had previously ruled that the state’s Public Service Commission (PSC) had violated the rights of developer MTSUN by cutting both the rates paid for electricity and contract lengths under the Public Utility Regulatory Policies Act of 1978 (PURPA), for the express purpose of undercutting the viability of solar power. This was in Read More…

GTUIT Gets EcoStar Award

GTUIT, LLC, Billings, MT was awarded the EcoStar Pollution Prevention Award for 2019. The award was presented at a reception hosted by Governor Bullock at the State Capitol Rotunda in Helena. The award recognizes GTUIT for taking environmentally responsible steps to reduce air emissions in oil producing regions, maximize upstream oil and gas operation efficiencies, conserve Read More…

North Dakota April oil production numbers

BISMARCK, N.D. (KFYR)- April’s oil production numbers are in, and they remained almost flat from March. Natural gas production reached an all time high with 2.8 billion cubic feet produced per day. 81% was captured statewide,which is below the goal of 88%. Mineral and Gas Division director Lynn Helms gave examples of how some companies are Read More…

Leadership Montana Graduates Classes Of 2019

Forty-four Montanans Complete Premier Leadership Development Program, 19 Complete new Masters Class BOZEMAN – Leadership Montana announced the graduation of 44 community, business, education, healthcare, nonprofit and government leaders from across the state for the Class of 2019 of its flagship leadership program. Leadership Montana presents an annual seven session program of leadership development, education about Read More…

Saas Management startup Intello scores $2.5 million extended seed – TechCrunch

Intello, the New York City-based Saas management platform, announced a $2.5 million extended seed round today, along with some product enhancements. The round was led by Resolute Ventures . Harrison Metal and Magnetico Ventures also participated along with various individual angel investors including Zane Lackey from Signal Sciences, Chris Smoak from Atrium and Zach Sherman Read More…

U.S. Department of Labor cites Montana highway contractor after hot asphalt burns three workers in Laurel

BILLINGS, MT – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Nelcon Inc. – a highway contractor based in Kalispell, Montana – for exposing workers to burns and falls at a mobile asphalt-mixing plant in Laurel, Montana. The company faces $261,418 in penalties for 23 serious violations. Three workers suffered burns Read More…

Montana unemployment rate dips to 3.7%

MISSOULA – Montana’s unemployment rate decreased by 0.1 percentage points to 3.7% for the month of March. Total employment estimates indicate a gain of 326 jobs, while payroll employment posted no change over the month, suggesting that tight labor markets are constraining job growth, according to figures from the Department of Labor & Industry. Montana’s labor force Read More…

Montana judge rules PSC intentionally set PURPA rates to kill solar projects

Dive Brief: A Montana district court judge last week issued an order in favor of solar developers, ruling that the state’s Public Service Commission intentionally disadvantaged small solar projects in violation of the Public Utility Regulatory Policies Act (PURPA). The ruling comes after a June 2017 audio recording captured Commissioner Bob Lake acknowledging that cuts Read More…

Early Stage Montana seeks tech startups to apply for mentorship, grant program

A Montana-based organization is helping jump start high-tech startups through a business pitch competition held in Missoula, Billings and Bozeman to encourage tech industry development and job opportunities. Early Stage Montana, a nonprofit coalition, is looking for entrepreneurs who need help planning and growing their businesses. Participants will pitch their business plans and products to Read More…

KOA’s new Montana-based CEO ready to blaze new trails

BILLINGS –  Pitching a tent, enjoying the great outdoors, and gathering around a campfire: all things many people associate with Kampgrounds of America (KOA). Now, customers can also associate Toby O’Rourke as chief executive officer of the Billings-based company. Based in Billings, KOA just named Toby O’Rourke as the new CEO. O’Rourke has been the KOA president since March 2018 and Read More…