|Montana High Tech Business Alliance members have a starring role in the summer issue of the Montana Business Quarterly out this month. The cover article “High Growth for High Tech: Fast-Growing, High-Paying Industry Cluster is Outpacing Other Sectors of Montana’s Economy” written by Patrick Barkey, John Baldridge, Christina Henderson and Shannon Furniss features members Workiva, EDULOG, and ATG.
The article summarizes a UM Bureau of Business and Economic Research study that found that Montana’s high-tech industry is expecting growth rates eight to 10 times of statewide growth. The Montana High Tech Business Alliance asked BBER to collect information and insights from its members so that a better assessment of its economic footprint and its prospects for continued growth could be made.
“Montana high tech is not a contradiction in terms but now the fastest growing segment of our economy,” said Greg Gianforte, founder and chairman of the Montana High Tech Business Alliance. “I am excited to see our high-tech entrepreneurs creating jobs that on average pay double the state median, so fewer of our young people have to move away to find work.”
Other articles in the summer issue of the Montana Business Quarterly include a look at central Montana’s vibrant manufacturing center that supports nearly 500 manufacturing jobs in the Lewistown area and an outlook for Montana’s manufacturing industry. Member manufacturers featured include Century Companies, Allied Steel, Spika Welding,, and HCR as well as the Montana Manufacturing Extension Center.
The Montana Business Quarterly is published by BBER. Annual subscriptions are $35 and copies of individual issues are also available for sale. For more information or to subscribe, go to http://www.bber.umt.edu/ or call 406-243-5113.
Read a pdf of the cover article: “High Growth for High Tech” (full issue available in print only from BBER)
Read the full report on the Montana High Tech Business Alliance survey.
Read the full press release about the summer issue.