Ross Reels is finalizing an agreement with the city that would keep the business in town for the next five years — and give more national exposure to Montrose, city officials said Thursday.
“It’s a win-win for Ross Reels, as well as the city and county of Montrose, and the community,” City Manager Bill Bell said.
As part of the agreement, the city will provide 3M — Ross Reels’ parent company — $20,000 annually over the next two years, while the county will provide $25,000 for one year. Those $45,000 and $20,000 sums will be used to market Ross Reels’ products and Montrose across the country, Bell said. Ross Reels is recognized as the leading fly reel manufacturer in the country, according to its website.