Hundreds Lose Jobs As Highway Co. Goes Bankrupt - ABC FOX Montana Local News, Weather, Sports KTMF | KWYB

Hundreds Lose Jobs As Highway Co. Goes Bankrupt

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MISSOULA -

A Houston-based highway products and safety services company files for bankruptcy, putting thousands of employees out of work across North America.

The Missoula location of Highway Technologies was the only branch in Montana. It serviced the highway system across the entire state.
Now, 180 employees are scrambling to find new jobs after the company-wide shut down of operations on Friday.

"We had no idea that this was about to happen," said Gary Pfister, the manager at Highway Technologies' Missoula branch.

Pfister said their CEO called him Thursday, and told him they were unable to secure the needed funding to keep the company running.

Pfister said, "The concern right away of course was for everybody's family and their welfare."

Pfister said the Missoula branch had been in business since the early 80s, hiring hundreds of seasonal workers every summer for highway construction jobs all over Montana.

"So, we have a lot of skilled laborers, general laborers, so it's a pretty diverse background of people," he said.

Pfister said those laborers did traffic control on site, concrete work, permanent signing and guardrail installation and steel fabrication.

"Well, we were all devastated by the news, you know, the people that have worked at this company for the most part have been here for 15-20 years," Pfister said.

Highway Technologies has 50 branch locations throughout North America, which have all closed their doors as of Monday.

"We're all just scrambling to try to pick up the pieces, and figure out what's going to happen next," he said.

Pfister said his employees were in the middle of 15 projects, held by subcontracts with the Montana Department of Transportation and other agencies.

"We've talked about it as a group and what we'd really like to do is try to stay together and we'd like to be able to offer our services and expertise to some company," Pfister said.

Pfister said his branch was the second-largest company of its kind in Montana, with several direct competitors.

"I'd just like to thank everybody here for their dedication and their years of service," Pfister said.

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