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

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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.

 

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