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>>

  • US airstrikes and aid for Iraqi city under siege

    US airstrikes and aid for Iraqi city under siege

    Saturday, August 30 2014 10:10 PM EDT2014-08-31 02:10:41 GMT
    The Pentagon says the U.S. military has conducted airstrikes and dropped humanitarian aid to the beleaguered Iraqi city of Amirli, where thousands of Shiite Turkomen have been cut off from food and water for nearly...
    The Pentagon says the U.S. military has conducted airstrikes and dropped humanitarian aid to the beleaguered Iraqi city of Amirli, where thousands of Shiite Turkomen have been cut off from food and water for nearly two...
  • Barista-stand owner faces prostitution charge

    Barista-stand owner faces prostitution charge

    Saturday, August 30 2014 10:00 PM EDT2014-08-31 02:00:47 GMT
    Authorities say the owner of bikini coffee stands in Washington state banked more than $2 million in just three years because her baristas were also selling sex acts.
    The owner of bikini coffee stands in Washington state banked more than $2 million in just three years because her baristas were also selling sex acts, according to local prosecutors.
  • Feds: Plane with unconscious pilot goes into ocean

    Feds: Plane with unconscious pilot goes into ocean

    Saturday, August 30 2014 9:20 PM EDT2014-08-31 01:20:47 GMT
    The Coast Guard says the pilot of a small airplane lost consciousness while flying and the plane crashed into the Atlantic Ocean off the Virginia coast.
    A pilot lost consciousness and the plane drifted into restricted airspace over the nation's capital, scrambling fighter jets that stayed with the small aircraft until it ran out of fuel and crashed Saturday into the...
  • Most Popular

  • Most Popular StoriesMost Popular StoriesMore>>

  • 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.
  • UM Grads Invention Breaks Kickstarter Record

    UM Grads Invention Breaks Kickstarter Record

    Wednesday, August 27 2014 8:10 PM EDT2014-08-28 00:10:54 GMT
    A University of Montana graduate gets national attention, after his invention breaks a record on Kickstarter.com, a popular platform used to fund creative projects.
    A University of Montana graduate gets national attention, after his invention breaks a record on Kickstarter.com, a popular platform used to fund creative projects.
  • PHOTOS: Hobo Spider season has arrived

    PHOTOS: Hobo Spider season has arrived

    Friday, August 29 2014 5:37 PM EDT2014-08-29 21:37:17 GMT
    KHQ.COM - Mid August is about the time that we start to see spiders come into our homes, particularly the hobo spider. August and September is mating season for the hobo and that means you may be seeing more funnel-like webs in and around your home. Males are on a mission to find a female which is why they are a lot more active at this time.
    KHQ.COM - Mid August is about the time that we start to see spiders come into our homes, particularly the hobo spider. August and September is mating season for the hobo and that means you may be seeing more funnel-like webs in and around your home. Males are on a mission to find a female which is why they are a lot more active at this time.
  • So Good: Herbert Gamboa

    So Good: Herbert Gamboa

    Wednesday, August 13 2014 10:14 PM EDT2014-08-14 02:14:23 GMT
    There's some new faces lining up at linebacker for the Grizzlies this season. One of those guys is Herbert Gamboa, who has been killing it so far in fall camp."He is fast, he has gotten to be 220-222 pounds, he is strong, he had a great summer in the weight room and I think Herbert is going to have a breakout year I really do," said Griz Defensive Coordinator Herbert Gamboa.Gamboa played his first two seasons as a back up safety because the Griz were thin at that position. He is now back at l...
    There's some new faces lining up at linebacker for the Grizzlies this season. One of those guys is Herbert Gamboa, who has been killing it so far in fall camp."He is fast, he has gotten to be 220-222 pounds, he is strong, he had a great summer in the weight room and I think Herbert is going to have a breakout year I really do," said Griz Defensive Coordinator Herbert Gamboa.Gamboa played his first two seasons as a back up safety because the Griz were thin at that position. He is now back at l...
  • Police, Father Search for Missing Missoula Man

    Police, Father Search for Missing Missoula Man

    Tuesday, August 19 2014 2:03 PM EDT2014-08-19 18:03:46 GMT
    Missoula police help family members search for Monte Swanson, 24, a missing Missoula man who is known to hang out at transient camps.
    Missoula police help family members search for Monte Swanson, 24, a missing Missoula man who is known to hang out at transient camps.
  • Flying With The Thunderbirds

    Flying With The Thunderbirds

    Friday, August 29 2014 9:01 PM EDT2014-08-30 01:01:09 GMT
    I suited up yesterday and spent nearly an hour over Glacier National Park and Browning.
    I suited up yesterday and spent nearly an hour over Glacier National Park and Browning.
  • 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.
  • Priest Lake Auction: Saying goodbye to home

    Priest Lake Auction: Saying goodbye to home

    Wednesday, August 27 2014 10:50 PM EDT2014-08-28 02:50:23 GMT
    PRIEST LAKE, Idaho - After years of obstacles for 61 Priest Lake lot lessees, the end comes on Thursday, August 28th. 
    PRIEST LAKE, Idaho - After years of obstacles for 61 Priest Lake lot lessees, the end comes on Thursday, August 28th. People who have been leasing land from the state, some more than 40 years, will find out if they get to keep their property in an auction.Back in 2010, the State of Idaho decided to divest more than 300 lake lots on Priest Lake.
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.