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Gianforte Celebrates Multi-Generation Montana Family Businesses

August 31, 2024

Governor Greg Gianforte visited two prominent multi-generation family businesses in Missoula and Jefferson counties on  as part of his 56 County Tour, highlighting the enduring spirit of the American Dream in Montana.

“The American Dream is alive and well in Montana thanks to our hardworking job creators committed to carrying on their family legacy,” Gov. Gianforte remarked. “We will continue to support them through our pro-business, pro-jobs policies and efforts to strengthen our workforce.”

Diversified Plastics

In Missoula, Gov. Gianforte toured Diversified Plastics, a family-owned manufacturing business now led by the second generation, Brad Reid. Founded in 1976 by Rod Reid in his garage, the company has expanded into a large facility in Missoula and now employs over 75 Montanans in competitive, high-wage positions.

During his visit, the governor learned about Diversified Plastics’ wide range of products, which serve industries including ski lifts, car washes, food processing, and agriculture. The company operates around the clock, providing on-the-job training and running a two-year apprenticeship program through the Montana Department of Labor & Industry. They also offer training opportunities for local high school students.

“When I first started working for my dad, we had eight employees. Today, we have 75 employees in Missoula in high-wage jobs,” said Reid. “Thanks to state support through loan programs, we’ve been able to expand our operations, increase wages, employ more people, and contribute to a larger tax base.”

Smith Supply

Later in the day, Gov. Gianforte visited Smith Supply in Whitehall, where he met with the Smith brothers, who continue the family business started by their grandfather in 1959. Smith Supply provides essential feed, lumber, and other supplies for agriculture and ranching operations across Montana.

The governor toured the store and warehouse with the second-generation Smith brothers and their families, observing how the business has integrated the third generation into its operations. John Smith noted, “It’s good to see that now the third generation is coming into play, and even their kids are already out here helping out and riding in the equipment.”

Supporting Montana’s small businesses, family farmers, and ranchers has been a top priority for Gov. Gianforte. Since taking office, he has increased the business equipment tax exemption from $100,000 to $1 million, relieving over 5,000 small businesses, farms, and ranches from the business equipment tax burden.

 

By: DNU staff

Filed Under: Business

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