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[Clarification: Information regarding Denbury's failed plan for Elk Basin does not pertain to two other Montana projects -- Cedar Creek Anticline and Belle Creek -- while the company plans to divest itself of the Elk Basin property they are moving forward with the other two, with expectations of going into production as soon as they complete the construction of a pipeline, in early 2013.] By Evelyn Pyburn
Even though it hovers at the western edge of the Bakken, Baker, Montana is being focused upon as “the hub of the Williston Basin.” Baker is where oil companies are headquartering and where pipelines are intersecting.
What’s happening in the Bakken and the resurgence of eastern Montana oil fields dominated much of the discussion at the recent Montana Petroleum Association (MPA) Conference in Billings.
No doubt about the technology nature of IBM. Mary Olson as a local representative of the company is looking for ways to help other businesses apply education technology.
Through her business, CommuniBiz, Karen Campbell has for the past ten years worked as a consultant for telecommunication companies. Most of her clients are outside the state. She also teaches communication skills.
Custer Country, Montana’s largest tourism region, has released its 2010 Custer Country Vacation Guide. Newly-organized and containing new photos and articles, the 132-page guide covers events, attractions and historic information about the 34,000 square-mile region that covers 13 counties and two Indian reservations in southeastern Montana.
Those interested in the legend of Lieutenant Colonel George Custer, the Indian wars, Captain William Clark’s exploration of the Yellowstone River, hunting, fishing, biking, motorcycling, bird- and wildlife-watching and photography will enjoy this handy guide to what there is to see and do in Custer Country. Motorcyclists and RVers will also find the guide useful for pointing out the off-the-beaten-path routes to take to avoid traffic and crowds, and to find the most scenic routes from major cities to the small, friendly towns in the region.
Vision Net, based in Great Falls, is a low-profile company that serves high-profile clients. The company owns fiber optic lines on which capacity is sold to re-sellers who in turn sell it to their customers. Vision net is also the largest provider of video conferencing services to a wide range of businesses, organizations, and educational institutions. Corey Jensen is the operations manager in the Billings office, which has seven employees. State wide the company employs over 100 people.
Barkey, one of the state's top economists, responded, "We have enormous problems to work out. There are a lot of things to worry about... We are managing short term problems so they are no longer impeding short term growth. We would all feel better if we knew where Congress was going to land in regulatory reform."
The economists believe that Montana's economy actually turned around last summer, following a year of minus one percent negative growth, a dip that was about 1.5 percent worse than they predicted for the state last year. But, that's only if we don't have a "double-dip recession," warned Barkey. A double-dipper could happen if the monetary authorities decide to tighten the economy too early, he explained – or if there are more job losses, and the savings rates increase significantly, which will leave consumer spending weak.
Wood’s Powr-Grip of Laurel is a well-known and highly successful manufacturer of vacuum lifters, but the company’s market director, Joe Landsverk is looking for new opportunities. A decline in the building industry has had a direct impact on Wood’s Powr Grip sales, said Landsverk, leaving the company with a lot of manufacturing capacity. They have top machine shop space available and Landsverk is hoping to find an emerging or growing enterprise that can use it.
The Big Sky Business Journal
P.O. Box 3262
Billings, MT 59103