Top Ten June 28

Congratulations to Sustainable Oils grand opening of its North American headquarters located in Great Fall Montana! Sustainable Oils is the world’s leading Camelina seed company for renewable diesel production. For more information on renewable bio-based processing opportunities, call our GFDA food, ag and bio-processing specialist, Justin Loch, at 406-590-1301.
GFDA’s Top 10
Here is our Top 14 for last week celebrating work and successes to grow and strengthen the Great Falls regional economy — Montana’s Golden Triangle. And, sharing business resources and skill-building opportunities to empower your success.
1) Proximity to Canada, supply chain options, workforce, lower cost of doing business, community – these were some of the reasons two top companies chose the Great Falls Montana Region to locate their businesses. Thank you Morgan Tweet, CEO, IND Hemp, and Edward Friesen, CEO, Friesen Nutrition, for sharing your site selection story during our annual Select Great Falls Montana, Select USA Spin Off Summit. You can view the hour session here.

2) The Cascade County Commission unanimously approved property tax abatements for the Great Falls Clinic hospital expansion and The Gibson boutique hotel development in downtown Great Falls.

3) The cost of living in the Great Falls MSA (Cascade County) dropped to 86.7% of the national average in 2022Q1, according to the Council for Community and Economic Research (C2ER).

4) Nine active duty military members participated in our second Boots to Business: An Introduction to Entrepreneurship course of 2022. Special thanks to Zach Huber, soon-to-be-owner of Action Plumbing and Construction, LTD, for coming to speak to the attendees. Since 2013, GFDA has trained over 500 veterans through the Boots to Business curriculum.

5) Alluvion Health announced it is expanding services to Choteau; see KRTV. Kids Education Yes launched a great new website. Northern Transit Interlocal (NTI) announced expanded service connecting Browning and Great Falls; see Cut Bank Pioneer Press.

6) We released the Industry Cluster Analysis put together by our strategic planning consultants, Barber Business Advisors.

7) What began as a home-based business has exploded into a full retail and design floral business for Karen Beeler at Life in Bloom. The business outgrew its current space in a year’s time. Find out what Karen at Life in Bloom has planned for her larger location in the Times Square Building located in downtown Great Falls in the announcement of the week.

8) The recent Housing Market Demand Assessment we commissioned has drawn several developers to consider the Great Falls market. We have the demand to support over 4,500 new units in the next 10 years. If you have creative solutions for development or think now might be the time to develop land you have been holding onto, please reach out to Jake Clark at Jake@GrowGreatFalls.org

9) Traci Rosenbaum with Great Falls Tribune features two Fire Within Award winners – Jade Hineman and Corinna Dahlin. Jade owns Hineman Coffee in Browning and Corinna Dahlin owns Corinna Dahlin Photography.

10) Downtown Great Falls is teeming with vibrancy. We received updates from our major projects this week and all of them are moving along nicely. Do you have an idea for a project in Downtown Great Falls? If so, contact Christian at 406.836.0136 and let’s discuss to tools we have available to bring your project to fruition.

11) The Otto Bremer Trust awarded GFDA a $50,000 operating grant to support our economic development efforts to create economic opportunity and improve quality of life in the 12-county Great Falls Montana trade area.

12) If you are trying to expand or start meat processing operations in the Golden Triangle and have unmet capital needs, please contact Justin Loch this week at Justin@GrowGreatFalls.org or 1-406-590-1301.

13) The Montana Indian Equity Small Business Grants to support start-up or expanding businesses grant application period opens on July 1 through August 31st. Rich Gannon of our Great Falls Regional Small Business Development Center can help you apply: RGannon@GrowGreatFalls.org or 1-406-845-4581.

14) Growing the economy takes smart strategy and support from local investors. Recent investments include: Pacesetter Division—Taylor’s Auto Max; Community Division—406 Attorneys. With the continued support from them and other investors, we are able to keep working towards bringing more high wage opportunities to the region. You can learn more about our investors HERE, and contact Investment Director Jenn Gallmeier at 406-781-9499 or Jenn@GrowGreatFalls.org if you want to join the team that is growing Great Falls.

Curious to see how these projects pencil out?For each of the vision projects we have project analysis that includes Project Descriptions, Cash Flow Projections, and Rent Roll Summaries.