AlphaGraphics announced the hiring of Randy Gerringa as Director of Sales and New Business Development at Billings premier
print communications firm. With over 25 years of sales and marketing experience, including the last eight years as Sales and
Marketing Director for the Northern Broadcasting System, Gerringa will lead the AlphaGraphics sales teams as they continue to
expand their print, design, direct marketing, web, and business communication services for customers throughout the region.
Before joining Alphagraphics, Gerringa was Director of Sales and Marketing with the Northern Broadcasting System, a regional
radio and TV Network. Randy also spent nearly 20 years with CARQUEST Auto Parts in various management and sales roles
throughout Montana and the Pacific Northwest.
Heliproz Inc., a designer and marketer of electronic helicopter kits, has moved from their location in Lockwood to 2341 1st Avenue South. A company called Telefrac, which is conducting fracing services in the Bakken, purchased the Lockwood property, a warehouse and 20 acres at 2885 Farley Lane, from owner Chris Nelson.
Nelson, who acquired Heliproz in 2006, said that the move not only fits well for the business, but serves to consolidate his property holdings in the downtown area. Nelson also owns the Northern Hotel, the former Montana Bank Building and the former Hart Albin Building.
Bruce Glennie, Eastern Montana Business Banking Manager, Wells Fargo, N.A., Billings, was elected Secretary Treasurer of the Montana Bankers Association at the 110th Annual Membership Meeting. Glennie will serve one year as a policy maker for the banking community. Also, Glennie currently represents Wells Fargo, N.A..
The Billings commercial real estate market is seeing "steady improvement" but it is being tempered by a "very conservative" cautiousness in the business community, according to two commercial real estate brokers from Coldwell Banker The Brokers.
"It's still a mixed bag, but it is definitely improving — in certain sectors more than others," said George Warmer, who was joined by fellow associate, Blaine Poppler, in a discussion with the Big Sky Business Journal, about what's been happening during the first six months of 2013.
EBMS Quality Assurance Director Vikki Fosjord has been reappointed for the seventh consecutive year to serve on the 2013 Board of Examiners for the Malcolm Baldrige National Quality Award. Out of 500 examiners nationwide, Fosjord is one of only two from Montana. The Board of Examiners provides advice and guidance to the Baldrige Panel of Judges in selecting Baldrige Award recipients. The Baldrige Awards are given by the U.S. President to business, education, healthcare, and nonprofit organizations that are judged to be outstanding in areas of performance excellence. Fosjord has worked for EBMS for eight years, and serves on numerous volunteer and professional boards of directors.
Part 3 of 3 Part Series
In a past column, we reviewed some high level considerations for a business owner who is thinking about a future ownership transfer. The article followed a conversation with Jim, who is a business owner wanting to make sure he has a valuable and sellable business when he decides to retire. In this article, we will look at some of the top factors that make a business valuable and sellable.
Value drivers are the business attributes that give a business real and perceived value. A buyer's questions will be centered on the value drivers in the business.
Montana Farm Bureau Vice President Bruce Wright recently attended the annual BNSF barbeque and listening session in Fort Benton. BNSF established the event five years ago to talk directly with farmer customers about the general economy, agricultural markets, and rail transportation. Kevin Kaufman, BNSF vice president for Agricultural Commodities, led the discussion with a presentation outlining rail industry trends.
One of Billings' most noted construction companies, High Tech Construction, 1201 4th Avenue North, has been acquired by another one of Montana's most noted construction companies, Dick Anderson Construction (DAC) of Helena. The deal closed June 30.
The transaction is of mutual benefit to both companies. It achieves the goal of DAC, with offices already in Helena, Great Falls and Bozeman, to enter the Billings market, making them a more regional firm reaching into eastern Montana, northern Wyoming and western North Dakota. And, High Tech will acquire the expanded resources and increased bonding capacity of DAC to take on bigger and more diverse projects, according to Jim Haar, Board Chairman for High Tech and a founding principal. "It is an exciting change for everyone concerned," said Haar.
The Big Sky Business Journal
P.O. Box 3262
Billings, MT 59103