Laurel is a city in Yellowstone County, Montana, United States. It is the third largest community in the Billings Metropolitan Statistical Area, and is located in the Yellowstone Valley, as an east-west terminal division point of the Burlington-Northern Railroad. The population was 6,781 at the 2010 census.

Both Interstate 90 and a number of local railroads run through Laurel. It is most known for its industry and agriculture, but also has a historic shopping district.

Laurel is home to a Cenex Harvest States oil refinery and Montana Rail Link's Laurel Yard, the largest rail yard between St. Paul, Minnesota and Pasco, Washington.

Before Laurel became a city or a community, people passed through the site during the gold rush period, when gold was discovered at the Clarks Fork headwaters. They came by team and wagon, and by small steamer vessels up the Yellowstone River. The government was in the process of planning a railroad to the west coast, and had surveying crews out to map the country on the most direct route. Many of the prospectors that went west in search of gold, felt that gold might be found in other parts of the state, so some returned to the Yellowstone Valley, and others came from the East to settle here. However, this did not take place until after the Custer Massacre in 1876. It was not until 1877 that the white man felt safe in the Yellowstone Valley, after the power of the Sioux was broken. So it was that while the memory of the Massacre of General Custer and his Command on the Little Big Horn River was still fresh in the minds of settlers of Montana, that a little community was established in the Yellowstone Valley.

The history of Laurel began when settlers began making their homes in the vicinity in 1879. There was a section house built that served as a depot and post office, situated about where Hobo Hill is, or near the center of the present railroad yards east of Laurel. The railroad pushed closer to Laurel from the east, up the Yellowstone Valley during the summer of 1882. Up to this time, there were about 200 people in the community. With the advent of the railroad, many people came to work, with the population growing to 368 in 1900, 806 in 1910, and 2,338 in 1920.

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