News

GFDA Quarter Index 2026Q2 Numbers to Celebrate

GFDA

Janicki Industries capital investment announced for Great Falls campus: $850 million

Square feet of manufacturing space to be built in campus: 1.6 million

Number of aerospace jobs to be created: 2,000+

Electricity controlled 24/7/365 by new BHE Montana Great Falls operations center: 472.5 MW

Capacity of Westinghouse eVinci Microreactor announced for Malmstrom AFB: 5 MW

New homes being built in Meadowview Village development: 163

Units of new housing under construction in Great Falls: 315

Resident capacity of memory loss village development announced by Benefis Health System: 48

Grant won by Great Falls College MSU to expand it’s veterinary tech program: $637,000

New light industrial-zoned sites created in Cascade County: 5 20-acre lots

Revenue increase by a local entrepreneur’s participation in Goldman Sachs small business program: 47%

Out-of-state visitors to Central Montana in 2025: 2.8 million

Estimated local spending by these visitors: $370 million

Dollars spent by visitors to Montana in 2025: $5.6 billion

Construction planned for Malmstrom AFB over next 10 years (on base only): $1.2 billion

Construction planned for Montana Air National Guard over next few years: $300 million

New miles of River’s Edge Trail being constructed by Great Falls Bicycle Club: 2.5

Redevelopment investment to create Sun River Health & Rehab: $6 million

Montana ranking for Most Friendly State: 1st

New business openings and announcements in quarter’s Top 10: 19

GFDA Quarter Numbers

Successful female entrepreneurs recognized with The Fire Within Awards: 52

Community members recognized with GFDA Ally Awards: 19

Out-of-state lead generation trips: 3

Visits to out-of-state primary sector prospect companies: 2

Primary sector prospects who visited Great Falls: 2

Proposals submitted to primary sector Requests for Information (RFIs): 8

National defense related out-of-state trips: 3

Housing developer prospect site visits to region: 8

GFDA gap and bridge loans closed: $1,485,476

Additional private investment leveraged by these loans: $11,764,351

More gap and bridge loans approved: $2,415,000

Additional private investment to be leveraged: $9,233,484

SBA 504 loans approved: $414,000

Additional private investment to be leveraged: $600,000

Entrepreneurs and small business (SBDC) clients advised: 130

Rural clients advised: 54

Total client advising hours: 334

Capital secured by small business advising clients: $1,433,000

Businesses started by advising clients: 3

Businesses purchased by advising clients: 3

Entrepreneur and small business trainings: 10

Number of training participants: 58

Government contracting (APEX) clients advised: 73

New government contracting clients advised: 14

Government contracting advising sessions: 141

Active government contracting clients at end of quarter: 357

Government contracts won by clients: $12,108,834

Government contracting trainings: 2

Number of training participants: 68

Community participants in first River Activation Task Force meeting: 30

Ideas shared by participants: 60+

New loan capital secured by GFDA in FY2026: $3 million

Great Falls AgriTech Park acreage put under sale agreement: 197 acres

Great Falls AgriTech Park acreage put under option agreement: 68 acres

New GFDA Investors in FY2026: 15

GFDA Investors who increased their investment in FY2026: 14

Central Montana Defense Coalition founding investors in FY2026: 23

Recent Economic Data

Average annual wage increase in Cascade County in four quarters ending 2025Q4: 4.7%

Dollar amount of average annual wage increase in Cascade County: $2,552

Cascade County average annual wage in 2025Q4: $57,197

Wage increase nationwide during same four quarters: 3.6%

Total wage earnings increase in Cascade County for those quarters: $81 million

Interesting Factoids

Number of site selection factors ranked by more than three-quarters of

consultants as very important or important in siting decisions: 29

Critical site selection factor ranked top by 100% of consultants: Availability of Skilled Labor

Missing from survey: Availability of Housing & Childcare

Site selection factors ranked critical by 98% of consultants: Site Readiness and Due Diligence Status

Also by 98% of consultants: Electric Power Availability at Scale

By 96% of consultants: Political and Regulatory Stability & Operating Cost Structure

USDA inspected meat processing facilities operating in Montana: 14

Projected annual solar generation growth rate each year from 2026-2030: 27 GW

Projected annual battery storage growth rate each year 2026-2030: 15 GW

Projected annual natural gas generation growth rate each year 2026-2030: 13 GW

Meetings of Montana Governor’s Energy Task Force: 28

For info contact Jolene Schalper at [email protected] or 1-406-750-4481

Thanks for reading!!

Brett

Brett Doney

President/CEO

[email protected]

1-406-750-2119

Our Mission

Grow diverse economic opportunities that enhance quality of life.

GFDA is a certified Community Development Financial Institution and a 501(c)3 charitable organization. High Plains Financial is a certified Community Development Corporation that offers SBA 504 loans statewide. GFDA and High Plains Financial are Equal Opportunity Employers, Lenders and Providers.

GFDA is proud to host a Montana Small Business Development Center, a Montana APEX Accelerator, and a Montana Food & Ag Development Center. GFDA is a certified Montana MicroBusiness Development Corporation.

GFDA was the first economic development organization in the Rocky Mountain West to earn accreditation from the International Economic Development Council.

For more info, click to our website.

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