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Economic Partnership: Missoula poised to benefit from Bakken

July 15, 2013 /

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Missoula’s economy is poised to take advantage of opportunities in the Bakken, according to the Missoula Economic Partnership.

"We’re kind of positioning Missoula as the entry point, surprisingly enough, to the Bakken," president James Grunke said last week to members of the Missoula City Council.

Initiated by Mayor John Engen after the economy crashed, the Missoula Economic Partnership works on economic development. The city of Missoula invested $500,000 in the program when it launched in 2011, and Wednesday, Grunke and the MEP’s director of business development shared several updates with members of the council.

Grunke kicked off his report touting the opportunities in the Bakken, noting its potential despite being hundreds of miles away. The oil fields are of interest statewide, he said, and servicing the Bakken on the manufacturing front requires being several hundred miles away to tap an available workforce.

By Keila Szpaller

Full Story: http://missoulian.com/news/local/economic-partnership-missoula-poised-to-benefit-from-bakken/article_fc92d46a-ed00-11e2-ae68-001a4bcf887a.html

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