Bozeman, Mont. – Governor Greg Gianforte joined the business leaders today to discuss his administration’s policies for employment, growth, fostering job creation, growth and prosperity in Montana. The discussions took place in today’s Montana “He IN Rise ”an economic summit hosted jointly by US Senator Steve Danes and the Montana House Foundation.
“Our unparalleled quality of life, cohesive communities and hard-working people make Montana an exceptional place to do business,” said Governor Gianforte. “When you combine these qualities with a friendlier and more competitive business environment, the result is better-paid jobs and increased prosperity for the people of Montana. ”
Gov. Ganforte hears from Will Lansing, CEO of FICO, about the company’s success in Montana
In the morning, the governor held a panel discussion with business managers who are expanding or are in the process of expanding their business in Montana.
Opening the discussion, William “Bill” TanonaChairman of SoFi Bank and Senior Vice President of Corporate Development for SoFi Technologies affected the company’s success in Montana.
“People always say, why did you choose Montana? This is a hidden gem. You have great people, great education, they want a different quality of life than living in a big urban area, so it was very, very successful for us. We have a very low turnover “, Tanona said.
Bill Mosley, CEO of GL Solutions, recently moved the company’s headquarters from Bend, Oregon, to Kalispel, Montana.
Asked what sets Montana apart, Mosley explained: “We were looking for places with a healthy business climate … We needed a healthy regulatory environment. I didn’t need the state to come all the time and tell me how to run my business, I could do it myself. And we needed a favorable tax climate. ”
Last year, Governor Gianforte passed one of the largest tax cuts in Montana’s history, providing more than $ 120 million in comprehensive tax breaks to Montana residents and making Montana’s tax code more competitive in the Western Rockies.
The governor also spoke with William Bill Bailey, Jr., CEO of Radiance Technologies, who praised Montana universities, particularly Montana State University, as a key attraction for their company to expand in Montana.
“You come here and find that everything we’re looking for from a university partner exists in Montana,” Bailey said. “Then you look at the vision of the university, the vision of Bozeman, the vision of the governor’s office and the vision of the federal offices, and you find alignment … superb alignment. Everything he adds, well, this is the place we want to be. ”
John Soo, CEO of Hyundai Motor Group’s New Horizons Studio, also took part in the panel. The governor joined Suh last month to announce to New Horizons Studio that he was moving his headquarters to Bozeman.
Reflecting on his engagement with the state of Montana and its partners as Hyundai Motor Group weighed in on the move to Montana, Sukh said: “We have this saying called Hyundai Speed. The idea is that we can make quick decisions … compared to our competitors. I must say that the speed of decision-making in Montana was the same, and maybe even faster. It was very funny to work with the speed with which the state works ”.
The panelists also highlighted the strength and quality of the Montana workforce. William “Lance”, FICO’s chief executive, said: “It’s a bit of a cliché – the ranch that went to MSU and then came to work for FICO – but it really works. It’s great. We have these very talented people who … do great things. ”
The governor later chatted with Todd O’Hare, president and chief executive of the Montana Chamber of Commerce, to discuss the governor’s efforts to reduce government-business friction and create more opportunities for Montana residents.
In the discussion, the governor pointed out the Law on the Entrepreneur’s Magnet, which the state uses as a tool to attract business and entrepreneurs in Montana.
Asked why the state is focusing on recruiting entrepreneurs, the governor explained: “Montana needs better– paid jobs. Well-paid jobs are created by businesses and businesses are created by entrepreneurs. We need more entrepreneurs. “
To strengthen Montana’s workforce and meet the needs of employers, the governor has made it a priority to create industry-specific human resources pipelines.
Under Governor Gianforte, overall employment in Montana is at its highest ever recorded, and five of the six months with the lowest unemployment rate in Montana’s history have been monitored by Governor Gianforte.