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, 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…
U.S. stocks slipped this week, closing out August on a mixed note as investors balanced encouraging inflation data, strong corporate earnings, and fresh trade developments against concerns of political and technological volatility. The S&P 500 finished the week down 0.1%, while the Dow Jones Industrial Average and Nasdaq Composite each shed about 0.2%. The Russell Read More…
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…
Renewable energy and Wyoming jobs received a boost Wednesday as the Bureau of Land Management (BLM) approved the first 500 wind turbines for the Chokecherry Sierra Madre (CCSM) Wind Energy Project. The BLM action followed the U.S. Fish and Wildlife Service (FWS) Record of Decision (ROD) indicating that it would issue an Eagle Take Permit Read More…
The problem with the iPhone is that the current design isn’t suited to wireless charging. Apple makes use of a metal rear cover, and metal and wireless charging just don’t go well together (although there are budding technologies that allow wireless charging through metal, none are yet ready for prime time). In order to add Read More…
A Missoula restaurant will soon be featured on the Food Network. The Notorious P.I.G. barbecue restaurant in downtown Missoula opened just about two years ago. Owner Burke Homes explained, “I’m from St. Louis, Missouri. I knew I wanted to live in Montana and catch fish and shoot ducks and drink good beer and hang out with Read More…
Amazon plans to hire 100,000 people across the U.S. over the next 18 months. The online retailer said Thursday that the jobs are full time and come with benefits. Many of the new jobs will be at fulfillment centers currently being built in a number of states, including California, Florida and Texas. From KULR 8
Final decisions on four Business Ready Community (BRC) grant and loan requests will be made by the Wyoming State Loan and Investment Board at its 8 a.m. meeting on Jan. 19 in Room 1699 in the Herschler Building. The Wyoming Business Council administers the Business Ready Community grant and loan program, which provides financing for Read More…
Fans of Cold Smoke beer should soon be able to pick up cans of the Missoula-based Scotch ale in Billings stores and bars. Billings-based Briggs Distributing announced Thursday that it has signed a partnership with Kettlehouse Brewing Co., which makes Cold Smoke and other beers, to distribute in a seven-county region surrounding Yellowstone this spring. Read More…
The Miles City Area Economic Development Council (MCAEDC) learned at its meeting Thursday that the small business development center (SBDC) will be moved from Colstrip to Miles City. The SBDC was created in 1989 to provide free one-on-one advising to business entrepreneurs. It offers financial analysis, business planning, operations assistance, marketing and social media assistance, Read More…
Though it remains on the same foundations upon which it was built more than 30 years ago, the Kalispell Center Mall is a place of constant activity and transition — stores come and go, mall walkers wander the halls, and local groups host community activities there. And while many malls in America are experiencing a Read More…
A business that started in an alley now ships custom metal work around the world. Over the course of seven years, Mick Thompson and his wife Alanna have brought their “back alley” business to the forefront of Red Lodge. From KTVQ
Lissie’s Luv Yums in Great Falls uses Treasure State ingredients to create gourmet dog biscuits for four-legged friends. But as MTN’s Julianne Dellorso reports in this week’s Montana Made, it provides a helping hand for humans, as well. From KBZK
Two of Montana’s neighbors are on the Forbes top ten Best States for Business list – North Dakota and South Dakota. Montana is ranked 23rd. Wyoming is ranked 35th and Idaho, 18th. Released in November, the 11th annual Forbes list puts Utah as the top ranking state, followed by North Carolina, Nebraska and Texas. West Read More…
The Wyoming Department of Environmental Quality (DEQ), Storage Tank Program (STP) reported the highest underground storage tank (UST) operational compliance rates in the country to the United States Environmental Protection Agency (USEPA) during federal fiscal year 2016. STP regulates the installation and operation of regulated storage tank systems (such as gas stations) and oversees cleanup Read More…
Oil climbed to an 18-month high in New York as output cuts by Kuwait and Oman signaled OPEC and its partners are delivering on their agreement to stabilize the market. Futures rose as much as 2.8 percent after adding 45 percent last year, the biggest annual gain since 2009. Officials from Oman and Kuwait told Read More…
A Montana company has been granted a license to build a $1 billion, 400-megawatt power storage project in the central part of the state that would supplement electricity from wind turbines and other sources, according to documents released Thursday by federal regulators. The 50-year license from the Federal Energy Regulatory Commission allows Absaroka Energy, Read More…
President-elect Donald Trump has promised to “save” America’s coal country and put long-suffering miners back to work. From KTVQ
Apple will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said. From CNBC
Billings based First Interstate BancSystem, Inc. has acquired Cascade Bancorp, parent company of Bank of Cascades. The transaction involved stock and cash of approximately $589 million. Cascade is a community bank based in Bend, Oregon with total assets of $3.2 billion, deposits of $2.7 billion, loans of $2.1 billion and 50 banking offices across Oregon, Read More…
The University of Montana School of Journalism will join other top-tier media schools in the launch of a new Google “News Lab University Network” in an effort to better train new and existing journalists in data, search and emerging technologies. The network is the latest effort by the School of Journalism to deploy technologies to Read More…
To be in business is noble and virtuous. To implement a plan for a good environment in Montana for business will cost Montana Chamber members a million dollars. Business people were called upon by Greg Gianforte to be proud of what they do in the private sector, and to do their part in planting “a Read More…
U.S. officials cancelled 15 oil and gas leases on Wednesday in an area bordering Glacier National Park that’s considered sacred to the Blackfoot tribes of the U.S. and Canada. The cancellation was aimed at preserving the Badger-Two Medicine area, a largely-undeveloped, 130,000-acre wilderness that is the site of the creation story for members of Montana’s Read More…
Frank Gazella Jr.—the founder of Creek to Peak Wear, a new Bozeman-based outdoor apparel brand—exudes an enthusiasm that is nothing short of infectious. A natural entrepreneur, Gazella’s passion and drive has served him, but is not self-serving. Rather, his energy is buoyed by a genuine desire to help other small startups make their vision a Read More…
xAd, the ad network that serves you ads in apps and mobile web pages based on your location, is today announcing another hefty round of funding, as well as its first acquisition in the world of consumer apps to grow its audience and dataset. The company has raised $42.5 million, and it’s buying WeatherBug, the popular weather Read More…
After taking the top spot at Disrupt San Francisco’s Startup Battlefield, Mobalytics has been hard at work preparing to roll out their analytics-driven competitive gaming coach to more and more of the nearly 20,000 users who have signed up for early access. In the six weeks since Disrupt SF, the company has been raising Read More…
CorEnergy Infrastructure Trust (CORR) has announced that a subsidiary of Ultra Petroleum has agreed to assume the lease on its Pinedale Liquids Gathering System without amendment, through a motion filed today in bankruptcy court. CORR is the first publicly listed real estate investment trust focusing on energy infrastructure. According to the CORR website, the Pinedale Read More…
Microsoft Corp. has announced its largest wind power deal to date: 237 megawatts (MW) that will power their data center outside of Cheyenne. This will bring Microsoft’s total investment in wind energy projects to more than 500 MW. This deal will combine a 178 MW from the Bloom Wind project in Kansas with a long-term Read More…
Made in Montana; it’s a slogan you see on everything from huckleberry jams, to jewelry, to films, and of course beer. For breweries, finding that authentic Made in Montana path is as challenging as it is rewarding. Mike and Greg Howard opened Missoula’s Great Burn brewery two and a half years ago. “We’ve been craft Read More…
The election of Donald Trump may mean a new bridge over the Clark Fork River for Missoula. After all, the real estate mogul likes to build stuff, and Trump talked about the need for infrastructure during his raucous campaign. That infrastructure is vital to Montana’s economy and those nurturing growth in the business sector, said Read More…
At Archie Cochrane Ford, a safe culture for its 115 employees led to a big payday Monday. At the Billings auto dealership, officials from the Montana State Fund distributed about $43,000 in dividends from Archie Cochrane workers’ compensation premiums. Archie Cochrane was among the largest recipients in Yellowstone County, which received $4.6 million Read More…
Joyce Kemph and Sue Miller have welcomed people into their Wyoming Home for many years. Now, the co-owners are ready to retire. They want to spend more time with their families and pursue other interests. The owners hope someone will buy the business. “Our dream is that a person or persons with an entrepreneurial spirit Read More…
Governor Bullock announced $1.3 million funding for Montana businesses to expand apprenticeship programs on Thursday morning. Collision Pro Owner Barry Reddick told MTN News that his company has been using the apprenticeship program since 1997. “The program’s helped out business bringing up people from an apprenticeship to a journey level position. It’s helped us, and it’s helped them,” said Reddick. Read More…
The Montana Chamber of Commerce recently released its 10-year strategic plan, which includes goals to increase wages, encourage business growth and improve the state’s infrastructure. The plan, titled Envision 2026, outlines five central objectives that it hopes to tackle over the coming years, as well as specific strategies to achieve the goals and metrics to Read More…
Stockman Asset Management (SAM), an independent Registered Investment Advisor (RIA) and provider of integrated wealth management solutions based in Billings has acquired Peak Investment Management, Ltd. Peak is also an RIA firm based in Missoula. The two firms now offer their services on a larger scale with locations in Helena, Missoula, Conrad and Billings. Peak Read More…
An entrepreneurship support center for Montana State University students, alumni and faculty has won a $50,000 award from the U.S. Small Business Administration to help enhance its business accelerator program, 406 Labs. The Blackstone LaunchPad at MSU was one of 68 programs selected nationwide as winners of the Growth Accelerator Fund Competition on Aug. 31. Read More…
For the first time since March of 2014, oil production in the state of North Dakota has slipped below the one million barrel a day mark. The latest production figures out this week show that in August, North Dakota production slipped to 981 thousand, 39 barrels per day. That represents a drop of some 49 thousand barrels per day, compared to July’s Read More…
Last month, several individuals and businesses in the Gallatin Valley won the lottery. Out of more than 600 applicants in Bozeman and Belgrade, four names were chosen by the Montana Department of Revenue as the winners of the state’s annual liquor lottery. The lottery is part of Montana’s population-based alcohol license quota system, which permits Read More…
General Electric Co. plans to buy a maker of wind-turbine blades for $1.65 billion, bolstering the renewable-energy business amid growing demand for clean power. The deal for Denmark-based LM Wind Power will enhance GE’s ability to serve customers in the onshore and offshore wind markets, the companies said Tuesday in a statement. LM Wind Read More…
Google and Facebook are teaming up to build a 120 Terabits per second (Tbps) submarine cable that will connect Los Angeles with Hong Kong. The two companies are working with Pacific Light Data Communication — a wholly owned subsidiary of China Soft Power Technology that’s relatively new to the sub-sea cable game. Once the Read More…
A man as unique as the Highland cattle herd he manages, Wally Congdon, is an accomplished Montana attorney and the owner and operator of Big Sky Natural Beef. From raising to finishing, Congdon does it all on his western Montana ranch, and has created a market for his grass-fed, all natural Highland beef around Read More…
As Dakota Access Pipeline opponents fanned out and stopped construction at multiple sites again Thursday, Oct. 6, the Morton County sheriff said he has assigned more resources to the area and will call in deputies from other states if necessary to respond to simultaneous protests. “We have basically tapped the resources to a level Read More…
Construction work on the Dakota Access Pipeline is nearly completed along the North Dakota portion of the project route. The September construction report from Dakota Access LLC, a partner of Energy Transfer Partners LP, shows that 87 percent of the project has been completed in the state through the end of the month. This Read More…