High Tech Company To Create Jobs And Boost Missoula Economy - KULR-8 Television, Billings, MT

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>>

  • CEO: Rivers to quit Clippers if Sterling stays

    CEO: Rivers to quit Clippers if Sterling stays

    Tuesday, July 22 2014 6:21 PM EDT2014-07-22 22:21:06 GMT
    Richard Parsons, the interim CEO of the Los Angeles Clippers, is due to step into the battle of billionaires going on in probate court over the proposed sale of the Los Angeles Clippers.
    Los Angeles Clippers interim CEO Richard Parsons testified Tuesday that coach Doc Rivers told him he'll quit if Donald Sterling remains the owner of the team.
  • Beretta: Gun law forcing move out of Maryland

    Beretta: Gun law forcing move out of Maryland

    Tuesday, July 22 2014 6:07 PM EDT2014-07-22 22:07:20 GMT
    Beretta U.S.A. Corp. says concerns about a gun-control bill that passed in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.
    Beretta U.S.A. Corp. says concerns about a gun-control bill that passed in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.
  • Georgia man pleads guilty to faking allergy tests

    Georgia man pleads guilty to faking allergy tests

    Tuesday, July 22 2014 5:32 PM EDT2014-07-22 21:32:37 GMT
    The owner of an allergy-testing laboratory near Atlanta has pleaded guilty to faking the results of blood tests for food and environmental allergies.
    The owner of a laboratory near Atlanta has pleaded guilty to faking the results of patients' blood tests for food and environmental allergies.
  • Most Popular

  • Most Popular StoriesMost Popular StoriesMore>>

  • INCREDIBLE drone video shows fire destruction over Pateros/Brewster

    INCREDIBLE drone video shows fire destruction over Pateros/Brewster

    Tuesday, July 22 2014 9:51 AM EDT2014-07-22 13:51:52 GMT
    KHQ.COM - Chelan HD Productions has given us permission to show this incredible video they shot with a drone surveying the damage done from the Carlton Complex Fire in the areas of Brewster and Pateros. This video is truly jaw dropping and really shows the level of destruction from the fire.
    KHQ.COM - Chelan HD Productions has given us permission to show this incredible video they shot with a drone surveying the damage done from the Carlton Complex Fire in the areas of Brewster and Pateros. This video is truly jaw dropping and really shows the level of destruction from the fire.
  • Many Frustrated By Stalled Cobell Settlements

    Many Frustrated By Stalled Cobell Settlements

    Wednesday, July 16 2014 9:30 PM EDT2014-07-17 01:30:30 GMT
    In Congress Wednesday, the group in charge of doling out Cobell settlement claims says it's waiting on setting exact amounts and a judge's okay before making the rest of the payments.
    In Congress Wednesday, the group in charge of doling out Cobell settlement claims says it's waiting on setting exact amounts and a judge's okay before making the rest of the payments.
  • UPDATE: Search and Rescue Efforts Continue for Flathead Kayaker

    UPDATE: Search and Rescue Efforts Continue for Flathead Kayaker

    Tuesday, July 22 2014 1:04 PM EDT2014-07-22 17:04:28 GMT
    The search for a missing kayaker will continue Monday on Flathead Lake, it's surrounding shores and the Flathead River, after he's been missing for more than 24 hours.
    The search for a missing kayaker will continue Monday on Flathead Lake, it's surrounding shores and the Flathead River, after he's been missing for more than 24 hours.
  • FIRST ON KHQ.COM: Clay Starbuck Sentenced To Life In Prison Without Parole

    FIRST ON KHQ.COM: Clay Starbuck Sentenced To Life In Prison Without Parole

    Thursday, July 18 2013 8:07 PM EDT2013-07-19 00:07:03 GMT
    UPDATE: A Spokane County judge has sentenced Clay Starbuck to life in prison without the possibility of parole for torturing and killing his ex-wife.
    UPDATE: A Spokane County judge has sentenced Clay Starbuck to life in prison without the possibility of parole for torturing and killing his ex-wife. The 48-year-old Deer Park man was convicted by a jury last month and sentenced on Thursday.
  • Carlton Complex Fire now 250,136 acres; 2,100+ firefighters on scene

    Carlton Complex Fire now 250,136 acres; 2,100+ firefighters on scene

    Tuesday, July 22 2014 2:46 PM EDT2014-07-22 18:46:43 GMT
    UPDATE: The Carlton Complex is now the largest wild land fire ever to burn in the State of Washington. The perimeter of this fire is more than 100 miles long. The total acreage burned is 250,136 acres. A total of 2110 firefighters and support personnel are assigned to the incident. The fire is 16% contained.
    UPDATE: The Carlton Complex is now the largest wild land fire ever to burn in the State of Washington. The perimeter of this fire is more than 100 miles long. The total acreage burned is 250,136 acres. A total of 2110 firefighters and support personnel are assigned to the incident. The fire is 16% contained.
  • Chemical Spill Near Bonner

    Chemical Spill Near Bonner

    Tuesday, July 22 2014 5:58 PM EDT2014-07-22 21:58:20 GMT
    Emergency officials, including health department personnel, are on scene of a semi rollover east of Missoula.
    Emergency officials, including health department personnel, are on scene of a semi rollover east of Missoula.
  • So Good: Fast Pitch Duo of Ray and Walker

    So Good: Fast Pitch Duo of Ray and Walker

    Wednesday, July 16 2014 7:57 PM EDT2014-07-16 23:57:19 GMT
    After being some of the state's best for separate teams in different cities, Frenchtown's Morgan Ray and Deer Lodge's Dani Walker have combined forces on the Montana Avalanche Fastpitch softball team.
    After being some of the state's best for separate teams in different cities, Frenchtown's Morgan Ray and Deer Lodge's Dani Walker have combined forces on the Montana Avalanche Fastpitch softball team.
  • Bugg Road fire near Tonasket

    Bugg Road fire near Tonasket

    Tuesday, July 22 2014 2:29 PM EDT2014-07-22 18:29:21 GMT
    KHQ.COM- UPDATE: The Bugg Road fire burning 7 miles east of Tonasket, WA and has destroyed one structure and expanded to 1,700 acres on Tuesday.This fire started on Monday and by the end of the day had burned 1,000 acres. Air support and dozers are trying to keep the fire in check.
    KHQ.COM- UPDATE: The Bugg Road fire burning 7 miles east of Tonasket, WA and has destroyed one structure and expanded to 1,700 acres on Tuesday.This fire started on Monday and by the end of the day had burned 1,000 acres. Air support and dozers are trying to keep the fire in check.