State Incentive Assists Two Montana Firms With Expansion
12/30/2015
Missoula, Montana, County Commissioners applied for grant funding on behalf of Harris Manufacturing and Agile Data Solutions. The Big Sky Economic Development Trust Fund is a state-funded economic development program designed to promote good-paying jobs and long-term, stable economic growth in Montana.
Harris Manufacturing in Bonner, Montana, is a custom fabricator of industrial equipment. Harris Manufacturing received $262,500. The company will utilize the grant funds to purchase additional equipment that will result in increased production capacity. The resulting business expansion activities will support the creation of 35 net new jobs.
Agile Data Solutions in Missoula is an innovative legal software development company. Agile Data Solutions received $105,000 which will be used for lease rate reduction and equipment purchases. The resulting business expansion activities will support the creation of 14 net new jobs.
In their grant application, representatives from Agile noted that the “grant is an important step toward creating high quality jobs for the region. It will help create up to 22 high quality jobs, provide local jobs for recent graduates and experienced technology and business services professionals, and draw substantial outside investment to Montana; all things that benefit the local economy.”
“Public-private partnerships are key components to growing Montana’s economy,” said Governor Steve Bullock. “Every project funded through the Big Sky Economic Development Trust Fund is helping to create opportunities for today’s workforce and to build a stronger and more competitive economy.”
“The Department of Commerce will continue to support economic development projects across the state and help businesses create good paying jobs for Montanans,” said Director Meg O’Leary. “The Big Sky Trust Fund is an important resource to help businesses chart the economic future for our beautiful state.”
Project Announcements
CF Industries Plans Ascension Parish, Louisiana, Compression-Dehydration Plant
08/08/2022
AFB International Establishes Columbus, Georgia, Operations
08/08/2022
Germany-Based American Rheinmetall Vehicles Opens Sterling Heights, Michigan, North American Headquarters
08/08/2022
Hilton Retains-Expands Fairfax County, Virginia, Headquarters
08/05/2022
South Korea-Based LOTTE Chemical Plans Elizabethtown, Kentucky, Manufacturing Center
08/05/2022
Hol-Mac Corporation Expands Bay Springs, Mississippi, Operations
08/05/2022
Most Read
-
In Focus: “Golden Age” of Spec Development
Q3 2022
-
Explosive Growth of Life Sciences Sector Comes with Challenges
Q3 2022
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The Evolution of the Megasite
Q2 2022