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==Economy== [[File:Shelter Distilling - Montrose.jpg|thumb|Shelter Distilling]] Due to its relative affordability and proximity to many outdoor recreation activities, Montrose is known as a manufacturing hub for outdoor products. Fly-fishing companies Ross Reels, Abel, and Airflo are headquartered in the city.<ref>{{Cite web|first=Matt|last=Lindberg|title=Forging ahead|url=https://www.montrosepress.com/free_access/forging-ahead/article_837cfc7c-bad3-11e7-842f-235996b291c3.html|access-date=October 3, 2020|website=Montrose Daily Press|date=October 27, 2017 |language=en}}</ref> Additionally, Scott Fly Rods relocated to Montrose from Telluride in 1993.<ref>{{cite web|url=https://www.montrosepress.com/news/montrose-on-the-brink-of-a-burgeoning-growth-era/article_5ee5a29e-79f3-51c7-bc1a-d1c48ba35bc3.html|title=Montrose on the brink of a burgeoning growth era|website=Montrose Daily Press|date=June 4, 2006 }}</ref> Gordon Composites, maker of nearly 90 percent of the high-performance laminate material used in the bow-hunting industry, is located in Montrose.<ref>{{cite web|url=https://www.montroseedc.org/144/Gordon-Composites-Inc|title=Gordon Composites Inc. - Montrose EDC - Official Website|website=www.montroseedc.org}}</ref> Secret Creek, formerly known as Colorado Yurt Company, maker of handcrafted yurts, tipis, and rugged canvas wall tents, is also located in Montrose.<ref>{{cite web|url=https://www.montroseedc.org/143/Colorado-Yurt-Company|title=Colorado Yurt Company - Montrose EDC - Official Website|website=www.montroseedc.org}}</ref> In November 2017, the City approved a $10 million fund for public infrastructure improvements<ref>{{Cite news|url=http://www.montrosepress.com/news/council-inks-m-loan-agreement/article_0296b820-c5d0-11e7-96fb-db50578ebb82.html|title=Council inks $10M loan agreement|first=Katharhynn|last=Heidelberg|work=Montrose Daily Press|access-date=November 13, 2017|language=en}}</ref> within the Colorado Outdoors development,<ref>{{Cite web|url=https://coloradooutdoors.co/|title=Home|website=Colorado Outdoors}}</ref> and was the recipient of a $2 million grant for a new trail system.<ref>{{Cite web|url=http://coloradooutdoors.co/wp-content/uploads/2017/10/9-30-17-MDP-GOCO.pdf|title=grant award}}</ref> The GOCO grant was the largest single grant awarded to the City of Montrose in its history, and connects the newly built, $30 million Montrose Recreation Center<ref>{{Cite news|url=http://www.montrosepress.com/news/new-view-on-the-rec-center/article_c3a08968-e05e-11e6-9c83-af454d4b103e.html|title=New view on the rec center|last=Lindberg|first=Matt |publisher=Montrose Daily Press|access-date=November 13, 2017|language=en}}</ref> to the project, safely under-passing both major highways within the city. [[Russell Stover Candies]] closed its Montrose plant in the spring of 2021, eliminating 400 jobs and offering employees to relocate to plants in Kansas and Texas. The plant was listed as a "primary employer" for the city on its Economic Development Corporation website.<ref>{{Cite news|url=https://www.cpr.org/2020/01/15/chocolate-maker-russell-stover-is-closing-its-montrose-plant-and-taking-400-jobs-with-it/|title=Chocolate-Maker Russell Stover Is Closing Its Montrose Plant And Taking 400 Jobs With It|website=cpr.org}}</ref><ref>{{Cite web|url=https://www.russellstover.com/wcsstore/RussellStover/Attachment/ContentPage/011420_Press%20Statement.pdf|title=Russell Stover Announces Updates to Production, Retail and Distribution Network}}</ref> The former plant building was sold in 2024,<ref>{{Cite web |last=MBT |first=Justin Tubbs {{!}} |date=2024-07-18 |title=The former Russell Stover manufacturing plant will soon have new, local owners - Montrose Business Times |url=https://www.montrosebusinesstimes.com/2024/07/18/former-russell-stover-manufacturing-plant-will-soon-new-local-owners/ |access-date=2025-03-10 |website=www.montrosebusinesstimes.com |language=en-US}}</ref> but is still vacant as of March 2025. In October 2020, the City of Montrose announced a multi-year, multi-million dollar river restoration project along the [[Uncompahgre River]], including a $785,000 grant from the [[Colorado Water Conservation Board]].<ref>{{Cite web|title=Construction to Begin on Uncompahgre River Improvement Project|url=https://www.cityofmontrose.org/CivicSend/ViewMessage/Message/126367|access-date=October 21, 2020|website=www.cityofmontrose.org|language=en}}</ref> In 2024, both Shelter Distilling<ref>{{Cite web |last=Tubbs |first=Justin |date=2024-05-16 |title=First look at inside of Shelter, new distillery, brewery and restaurant on the river - Montrose Business Times |url=https://www.montrosebusinesstimes.com/2024/05/16/first-look-inside-shelter-new-distillery-brewery-restaurant-river/ |access-date=2024-05-25 |website=www.montrosebusinesstimes.com |language=en-US}}</ref> and restaurant Toasty<ref>{{Cite web |date=2024-09-06 |title=Toasty hits the Colorado Outdoors campus β new restaurant opens Sept. 9 |url=https://www.montrosepress.com/news/business/toasty-hits-the-colorado-outdoors-campus-new-restaurant-opens-sept-9/article_70abeb9a-6afc-11ef-8dce-e7b2d247bb40.html |access-date=2025-01-04 |website=Montrose Daily Press |language=en}}</ref> opened after receiving economic incentives from the city.<ref>{{Cite web |last=Henseler |first=Kylea |date=2024-05-22 |title="Quality ingredients and passion": Shelter Distilling opens its doors |url=https://www.montrosepress.com/news/quality-ingredients-and-passion-shelter-distilling-opens-its-doors/article_62169c10-16dd-11ef-a16a-138bda19b7b1.html |access-date=2024-05-25 |website=Montrose Daily Press |language=en}}</ref>
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