High Tech Company To Create Jobs And Boost Missoula Economy - ABC FOX MONTANA NEWS, WEATHER, SPORTS - KTMF/KWYB

High Tech Company To Create Jobs And Boost Missoula Economy

Posted: Updated:
MISSOULA -

A Montana-based metal purification company announces it's headquarters is coming to Missoula, creating more than 100 jobs, and bringing millions of dollars into the economy in the next few years.

Metals US has been testing out its products in Missoula, and now it's ready to open several metal purification facilities around town.

"We are in the metal purification industry, which is an over a trillion dollar industry,"  said Metals US CEO and president, John Hammen.

The company has been testing out columns, which purify old or toxic metals that can then be used to make high-tech devices, like cell phones or alternative energy.

Hammen said just one of the small, sample columns produces thousands of dollars in metal.

"We have new revolutionary technology that we think can completely change the metal separation, and metal processing space," he said.

The columns act like a water filter, separating water, metal and other materials, and purifying each of them.

"We can do it cleaner, faster and cheaper than other technologies," Hammen said.

The columns were discovered by Hammen's father, Rich Hammen, a former NASA chemistry lab professor, and the CEO of his own research and processing company.

"The kids have grown up and the technology has grown up, and John is bringing it commercial," Rich Hammen said.

Companies world-wide are showing interest in the devices, and Hammen hopes to open up several processing facilities in Missoula, creating at least 120 jobs.

"We think we have a technology that's truly revolutionary, and will have a big impact on state," Hammen said.

The Missoula Economic Partnership is working to bring high tech start ups to Missoula to create jobs.

"Having companies like this getting started in Missoula, that are going to bring back important high paying manufacturing jobs, is very important to us," said Missoula Economic Partnership President, James Grunke.

Grunke said this new start up is a sign the economy is headed in the right direction.

"Companies like that, who are starting up here, who want to be here and are choosing to be here, are all the right signs we're moving forward," Grunke said.

Hammen said within the first five years, the company's goal is to be making $500 million.

Metals US hopes to have several purification facilities up and running by 2016. They're eyeing several mill and industrial sites in the Missoula-area for locations.

 

  • NationalMore>>

  • Boston suspect's sister charged in NY bomb threat

    Boston suspect's sister charged in NY bomb threat

    Wednesday, August 27 2014 10:29 PM EDT2014-08-28 02:29:36 GMT
    Boston Marathon bombing suspect Dzhokhar Tsarnaev's sister was arrested Wednesday on suspicion she threatened to bomb a woman who previously had a romantic relationship with her boyfriend.
    Boston Marathon bombing suspect Dzhokhar Tsarnaev's sister was arrested Wednesday on suspicion she threatened to bomb a woman who previously had a romantic relationship with her boyfriend.
  • Hackerspaces help techies turn ideas into reality

    Hackerspaces help techies turn ideas into reality

    Wednesday, August 27 2014 9:38 PM EDT2014-08-28 01:38:46 GMT
    At HeatSync Labs, the tables are littered with computer chips, pens, pads and tools while the room is abuzz with the chatter of would-be inventors hoping to change the world - or just make cool things. They are...
    Inside a nondescript garage-like workshop nestled between restaurants, a flower shop and jewelry stores along Main Street, ideas are taking shape.
  • Cowabunga! Storm sends big waves to California

    Cowabunga! Storm sends big waves to California

    Wednesday, August 27 2014 9:38 PM EDT2014-08-28 01:38:44 GMT
    The surf was churning in Southern California, and even bigger waves were brewing.
    Thundering surf spawned by a Pacific hurricane pounded the Southern California coast Wednesday, causing minor flooding in a low-lying beach town while drawing daredevil surfers and body-boarders into churning, 20-foot...
  • Most Popular

  • Most Popular StoriesMost Popular StoriesMore>>

  • Authorities Get Dozens Of Tips & Narrow Search For Lucius Robbi

    Authorities Get Dozens Of Tips & Narrow Search For Lucius Robbi

    Tuesday, August 26 2014 11:55 PM EDT2014-08-27 03:55:50 GMT
    Dozens of tips pour into sheriff's departments in Montana and Idaho, but there's been no luck in finding missing University of Montana student Lucius Robbi.
    Dozens of tips pour into sheriff's departments in Montana and Idaho, but there's been no luck in finding missing University of Montana student Lucius Robbi.
  • Seven Arrested in Kalispell Sex Sting

    Seven Arrested in Kalispell Sex Sting

    Friday, August 22 2014 3:10 PM EDT2014-08-22 19:10:39 GMT
    A four-day online sex sting ends with the arrest of seven Flathead men for sexual abuse of children, and more arrests are pending.
    A four-day online sex sting ends with the arrest of seven Flathead men for sexual abuse of children, and more arrests are pending.
  • Cobell Settlement Checks Could Be Mailed By Fall 2014

    Cobell Settlement Checks Could Be Mailed By Fall 2014

    Friday, August 15 2014 9:03 PM EDT2014-08-16 01:03:47 GMT
    The people in charge of doling out money in the Cobell settlement want to put checks in the mail by this fall.
    The people in charge of doling out money in the Cobell settlement want to put checks in the mail by this fall.
  • PHOTOS: National Dog Day!

    PHOTOS: National Dog Day!

    Tuesday, August 26 2014 9:00 PM EDT2014-08-27 01:00:18 GMT
    August 26 is National Dog Day! National Dog Day was created back in 2004, and it gives us a chance to stop and appreciate those who offer us their unconditional love, support, and acceptance: our pups!
    August 26 is National Dog Day! National Dog Day was created back in 2004, and it gives us a chance to stop and appreciate those who offer us their unconditional love, support, and acceptance: our pups!
  • Benefit of Owning a Dog

    Benefit of Owning a Dog

    Wednesday, August 27 2014 12:24 PM EDT2014-08-27 16:24:52 GMT
    We have a Flag Day, a Grandparents Day, but why not have a day where we can celebrate our four-legged friends, a day to appreciate man's best friend; well that day does exist. Today is National Dog Day.
    We have a Flag Day, a Grandparents Day, but why not have a day where we can celebrate our four-legged friends, a day to appreciate man's best friend; well that day does exist. Today is National Dog Day.
  • OSHA Investigates Kalispell Walmart After Employee Death

    OSHA Investigates Kalispell Walmart After Employee Death

    Monday, August 25 2014 8:14 PM EDT2014-08-26 00:14:59 GMT
    An OSHA team investigates the death of a Kalispell Walmart employee who fell from a ladder on Friday.
    An OSHA team investigates the death of a Kalispell Walmart employee who fell from a ladder on Friday.
  • PHOTOS: National Dog Day!

    PHOTOS: National Dog Day!

    Wednesday, August 27 2014 2:02 PM EDT2014-08-27 18:02:10 GMT
    KHQ.COM - Tuesday, August 26th is when we celebrate man's best friend! It's National Dog Day! National Dog Day was created back in 2004, and it gives us a chance to stop and appreciate those who offer us their unconditional love, support, and acceptance: our pups! INSIDE>>>|Submit photos of YOUR dog!|
    KHQ.COM - Tuesday, August 26th is when we celebrate man's best friend! It's National Dog Day! National Dog Day was created back in 2004, and it gives us a chance to stop and appreciate those who offer us their unconditional love, support, and acceptance: our pups! INSIDE>>>|Submit photos of YOUR dog!|
  • August is General Aviation Month in Montana

    August is General Aviation Month in Montana

    Wednesday, August 27 2014 4:31 PM EDT2014-08-27 20:31:50 GMT
    Governor Steve Bullock names August ‘General Aviation Month' here in Montana. Often times when you think of an airport, you think of a commercial airport servicing the large airlines.
    Governor Steve Bullock names August ‘General Aviation Month' here in Montana. Often times when you think of an airport, you think of a commercial airport servicing the large airlines.
Powered by WorldNow

Features

  • More Features
  • Powered by WorldNow
    All content © Copyright 2000 - 2014 WorldNow and Cowles Montana Media. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.