GFDA 2nd Quarter Index 2026

Numbers to Celebrate

Janicki Industries capital investment announced for Great Falls campus:  $850 million

Square feet of manufacturing space to be built in campus:  1.6 million

Number of aerospace jobs to be created:  2,000+

Electricity controlled 24/7/365 by new BHE Montana Great Falls operations center:  472.5 MW

Capacity of Westinghouse eVinci Microreactor announced for Malmstrom AFB:  5 MW

New homes being built in Meadowview Village development:  163

Units of new housing under construction in Great Falls:  315

Resident capacity of memory loss village development announced by Benefis Health System:  48

Grant won by Great Falls College MSU to expand it’s veterinary tech program:  $637,000

New light industrial-zoned sites created in Cascade County:  5 20-acre lots

Revenue increase by a local entrepreneur’s participation in Goldman Sachs small business program:  47%

Out-of-state visitors to Central Montana in 2025:  2.8 million

Estimated local spending by these visitors:  $370 million

Dollars spent by visitors to Montana in 2025:  $5.6 billion

Construction planned for Malmstrom AFB over next 10 years (on base only):  $1.2 billion

Construction planned for Montana Air National Guard over next few years:  $300 million

New miles of River’s Edge Trail being constructed by Great Falls Bicycle Club:  2.5

Redevelopment investment to create Sun River Health & Rehab:  $6 million

Montana ranking for Most Friendly State:  1st

New business openings and announcements in quarter’s Top 10:  19


GFDA Quarter Numbers

Successful female entrepreneurs recognized with The Fire Within Awards:  52

Community members recognized with GFDA Ally Awards:  19

Out-of-state lead generation trips:  3

Visits to out-of-state primary sector prospect companies:  2

Primary sector prospects who visited Great Falls:  2

Proposals submitted to primary sector Requests for Information (RFIs):  8

National defense related out-of-state trips:  3

Housing developer prospect site visits to region:  8

GFDA gap and bridge loans closed:  $1,485,476

Additional private investment leveraged by these loans:  $11,764,351

More gap and bridge loans approved:  $2,415,000

Additional private investment to be leveraged:  $9,233,484

SBA 504 loans approved:  $414,000

Additional private investment to be leveraged:  $600,000

Entrepreneurs and small business (SBDC) clients advised:  130

Rural clients advised:  54

Total client advising hours:  334

Capital secured by small business advising clients:  $1,433,000

Businesses started by advising clients:  3

Businesses purchased by advising clients:  3

Entrepreneur and small business trainings:  10

Number of training participants:  58

Government contracting (APEX) clients advised:  73

New government contracting clients advised:  14

Government contracting advising sessions:  141

Active government contracting clients at end of quarter:  357

Government contracts won by clients:  $12,108,834

Government contracting trainings:  2

Number of training participants:  68

Community participants in first River Activation Task Force meeting:  30

Ideas shared by participants:  60+

New loan capital secured by GFDA in FY2026:  $3 million

Great Falls AgriTech Park acreage put under sale agreement:  197 acres

Great Falls AgriTech Park acreage put under option agreement:  68 acres

New GFDA Investors in FY2026:  15

GFDA Investors who increased their investment in FY2026:  14

Central Montana Defense Coalition founding investors in FY2026:  23


Recent Economic Data

Average annual wage increase in Cascade County in four quarters ending 2025Q4:  4.7%

Dollar amount of average annual wage increase in Cascade County:  $2,552

Cascade County average annual wage in 2025Q4:  $57,197

Wage increase nationwide during same four quarters:  3.6%

Total wage earnings increase in Cascade County for those quarters:  $81 million


Interesting Factoids

Number of site selection factors ranked by more than three-quarters of

consultants as very important or important in siting decisions:  29

Critical site selection factor ranked top by 100% of consultants:  Availability of Skilled Labor

Missing from survey:  Availability of Housing & Childcare

Site selection factors ranked critical by 98% of consultants:  Site Readiness and Due Diligence Status

Also by 98% of consultants:  Electric Power Availability at Scale

By 96% of consultants:  Political and Regulatory Stability & Operating Cost Structure

USDA inspected meat processing facilities operating in Montana:  14

Projected annual solar generation growth rate each year from 2026-2030:  27 GW

Projected annual battery storage growth rate each year 2026-2030:  15 GW

Projected annual natural gas generation growth rate each year 2026-2030:  13 GW

Meetings of Montana Governor’s Energy Task Force:  28