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MISSOULA- M2 Green Redevelopment is going to use Montana Rail Link to ship all future products and supplies to, and from businesses that will be locating at the former Smurfit-Stone mill in Frenchtown.

M2 Green, which is an affiliate of Green Investment Group that purchased the mill last spring, announced its reached agreement with MRL to provide rail services to the site, which is being redeveloped to house a number of businesses focusing on green energy and similar 21st Century products.

According to Jim Bowman, president of the Missoula Economic Partnership the move is good news for local employment since MRL is based here in Montana.

"Our region is fortunate to have a responsible, experienced owner at the former Smurfit-Stone site who is eager to work in partnership with the community, while helping bolster the growth of local companies like Montana Rail Link that employ many of our friends and neighbors," said Bowman. "Their partnership is a win-win for us all and the right step towards redeveloping the property in a smart, responsible manner. Our organization has been working closely with M2 Green Redevelopment to make sure their efforts result in the most growth potential for our region."

Bowman notes the agreement will not only create jobs for the long-term operation of businesses locating at the Frenchtown site in the future, but also during the demolition phase, as M2 Green is demolishing the old mill equipment and moving some of it off site.

It is anticipated that $5 million will be invested in the first phase of the redevelopment with an overall investment of $40 million by M2 Green Redevelopment.

Contact Dennis Bragg