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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation | Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED » NEWS NOW Rogue Valley gubernatorial candidate blasts Gov. Brown on climate change ... Historical Society executive director stepping down ... Police say Grants Pass man admits to 50 vehicle thefts in Rogue Valley ... Rogue Valley gubernatorial candidate blasts Gov. Brown on climate change ... Historical Society executive director stepping down ... Police say Grants Pass man admits to 50 vehicle thefts in Rogue Valley ... BUSINESS BRIEFS Lithia's 130th store is in Missoula Comment MailTribune.com Writer Posted Aug. 5, 2015 at 4:38 PM Posted Aug. 5, 2015 at 4:38 PM » Social News Lithia Motors has acquired Bitterroot Ford in Missoula, Mont., and will rename its 130th store Lithia Ford of Missoula. The nation's seventh-largest auto retailer already has Chrysler Jeep Dodge of Missoula and a Toyota dealership in the western Montana city. But it is the company's first Ford dealership in the state. "We are pleased to expand in a market where we have an established presence and a solid track record of success," President Bryan DeBoer said in a statement. The Medford-based auto company said it estimates the new acquisition will produce annual revenue of $50 million. Kathy Ogren has operated Bitterroot Motors since 1984, after the death of her husband. The family began selling Fords in 1981. Lithia shares gained 81 cents Wednesday, closing at $119.80. People's Bank issues dividend People’s Bank of Commerce declared a one-time 5 percent stock dividend. For every 20 shares stockholders own, they will receive an additional share. The special dividend will be paid on or about Sept. 17 to shareholders of record Aug. 17. The Medford-based community bank has recorded 24 consecutive profitable quarters. As of June 30, People's Bank reported year-over-year growth of 10 percent in total assets to $223 million, an increase in total deposits of 10 percent to $197.7 million and growth in total loans of 10 percent to $152.8 million. The bank's over-the-counter shares were valued at $9.76 Wednesday. MailTribune.com Writer Posted Aug. 5, 2015 at 4:38 PM » Comment or view comments Reader Reaction » STAY INFORMED Email NewsLetter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed Email newsletter Sign Up Today Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2015 Local Media Group, Inc. All Rights Reserved. Privacy Policy | Terms of Service | Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501