Business Facilities magazine – State of the Year Award: Montana is #2 in the Nation

Interestingly, all of the Montana’s http://mt.gov/ State of the Year statistics revolved around one multifaceted industry: energy. The Many Stars coal-to-liquids facility, an investment worth $7 billion, will stimulate 4,000 to 5,000 new jobs and produce 50,000 barrels of diesel and other fuels per day. This mega-deal helped cement the runner-up nod for Montana.

TransCanada’s Keystone XL Pipeline will pump crude oil for 281 miles beneath Montana’s Big Sky country thanks to a $1-billion investment. Meanwhile, Signal Peak Energy’s new mining operation will create 191 jobs in Montana and bring $450 million to the state economy. Additionally, General Electric announced in May the creation of 125 jobs in Billings, MT. To counterbalance the state’s booming carbon-based resources, two wind power companies are pumping a total of $525 million into Treasure State’s alternative energy sector.

By Bill Trüb

Full Story: http://www.businessfacilities.com/bf_08_12_state_of_the_year.php

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"CONGRATULATIONS TO GOVERNOR SCHWEITZER http://governor.mt.gov/ , ALL STAFF INCLUDING G.O.E.D. STAFF http://business.mt.gov/ , DEPARTMENT OF COMMERCE http://commerce.mt.gov/ (INCLUDING THE ENERGY DIVISION) AND OTHER DEPARTMENTS INVOLVED http://mt.gov/business.asp AND LOCAL, REGIONAL AND TRIBAL ECONOMIC DEVELOPMENT EFFORTS. A SPECIAL THANKS TO CHRIS AAGESON, SHANNON HUGHES AND OTHER G.O.E.D. STAFF WHO ADVANCED MONTANA’S APPLICATION FOR THIS RECOGNITION." EVAN BARRETT – CHIEF BUSINESS DEVELOPMENT OFFICER