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Top 11 for the week of Dec 23rd

1) MillersCoors publicly announced plans for their new elevator in Power.
2) The Alberta Utilities Commission ruled in favor of Enbridge, allowing for completion of the Montana Alberta Tie Line.
3) The City Commission approved PUD zoning on first reading for the Great Falls Agritech Park and scheduled a public hearing for January 15th.
4) The City Commission approved rezoning for Calumet Montana Refining and General Distributing on first reading and scheduled a public hearing also on January 15th.
5) SBA approved a $91,000 SBA 504 loan we plan to make to help a business expand into a new location.
6) We closed a $100,000 permanent financing loan for M&L Rental, the new apartments above the downtown Subway, using our Downtown Revolving Loan Fund. The Fund was capitalized with a grant from the City and a loan from lead bank, First Interstate Bank, and participating banks, Mountain West, Stockman, US Bank and Wells Fargo.
7) We reviewed a business plan for a local entrepreneur looking to expand operations, providing suggestions on how to focus on solid market analysis and develop monthly cash flow projections. We also assisted two local businesses with research on their properties to see if they qualified for Brownfields clean-up funding.
8) Participated in meetings in Helena and Great Falls along with Great Falls area legislative leaders in regard to securing funds for Great Falls College MSU to expand welding and industrial trades training and education.
9) The North Industrial Task Force met to discuss the Vick's light industrial park and ADF Group plans near MaltEurop.
10) GFDA's Public Policy Committee met to set state legislative priorities to recommend to GFDA's Board. The Committee's recomendations were reviewed and approved by GFDA's Executive Committee. As a diverse public/private partnership, GFDA focuses public policy efforts on a few issues critical to Great Falls economic development. This session we plan to focus on: 1) securing resources for the College to expand welding and industrial/agricultural trades programs; 2) protect two key economic development programs, the Primary Worker Training Program and the Big Sky Trust Fund; 3) make it possible to have an Agri-processing Development Center in Great Falls; and, 4) classify new hydroelectric capacity as renewable energy.
11) Employment data released this week for November shows the Great Falls metro area unemployment rate stayed at 4.9%, the same as October, but that the labor market and employment both rose by about 200 in November. The data shows an increase in 644 people employed from November 2012 to November 2012.
 
Merry Christmas and joyous holidays to all!

 

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