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MDU Resources Group, Inc. announced the acquisition of 20,000 additional acres of leaseholds in the Bakken oil play. The new leaseholds are in Richland County, Montana. The company now holds a total of approximately 90,000 net acres of leaseholds in the Bakken.
Montana Chamber of Commerce
Montana Goes to China in October
The Bakken is booming, and so are Billings businesses.
How much opportunity is there in the Bakken for businesses in Billings or other areas of the state?
That was the question for a group of people who went on tour of the Bakken recently, sponsored by the Big Sky Economic Development Authority (BSEDA).
They came away stunned.
Taylor-Leavitt Insurance Agency announced the hiring of Bryon Mayala as a licensed insurance agent. Mayala specializes in commercial insurance products and risk management. Most recently with Western States Insurance, Mayala specialized in servicing large commercial clients. Prior to Western States Insurance, he worked at SYSCO as a sales executive in the national accounts department for nine years. He attended Montana State University and was recently designated as an Accredited Advisor of Insurance (AAI) from the Insurance Institute of America.
Billings-based Rimrock Trailways is taking over intercity routes previously served by Greyhound. Starting June 21, Rimrock Stages, also known as Rimrock Trailways, will begin serving routes that Greyhound has provided in the past between Billings and Missoula. Rimrock Trailways is an intercity bus carrier based in Billings, founded by Thorm R. Forseth in 1972. According to Forseth, President of Rimrock, “We currently employ 50 people and estimate that with this change, we’ll be adding up to eight new jobs. We’re excited that Rimrock is making an increasingly positive economic contribution to the Billings area and across Montana. And most importantly, we believe this will improve our services for the traveling public.”
A new long-term plan for the winter use of Yellowstone National Park proposes to vary how many snowmobiles and snowcoaches would be allowed on each of the 90-day winter season and impose more strict emission standards in the park. After six public hearings, the agency plans to implement the new plan for the 2011-12 season.
As the alternative preferred by the National Park Service, it would vary the maximum number of oversnow vehicles allowed in the park for certain days and periods during the winter season.
In a meeting with company representatives from Berry Y & V of Billings, Yellowstone County officials concluded that they will not have to take any special action to accommodate the large loads that the company expects to be making in moving products to market.
County Commissioners pointed out that they already have a process in place to issue permits for any one moving a large load. All they will have to do is request a permit from the county when the company has a load to transport.
What are the best cities for job growth in 2011? Nationwide, among 243 small cities, Billings ranks 93rd, Great Falls ranks 48th and Missoula 152nd. All are ranked lower than last year, when Billings was at 44th and Great Falls was 15th and Missoula was 105th. Fort Hood, Texas was the top and Bismarck ND, second place.
The website, Newgeography, presented the survey. The rankings are derived from three-month rolling averages of U.S. Bureau of Labor Statistics “state and area” unadjusted employment data reported from November 1999 to January 2011.
The Big Sky Business Journal
P.O. Box 3262
Billings, MT 59103