Economic Development works with the Nebraska Department of Economic Development, Greater Omaha Chamber of Commerce, Sarpy County Economic Development Corporation, Nebraska Development Network-Southeast Nebraska and many other local economic development groups in our service area. These are the types of progressive activities that occur with the help of the economic development community in our state.
A worldwide search led Novozymes to Blair, Neb. The location – on the Blair Biorefinery campus, just north of OPPD’s Fort Calhoun Nuclear Station – will enable the company to sustain close cooperation with ethanol customers across the Midwest and provide access to a well-educated workforce and good infrastructure.
With more than 700 products used in 130 countries, Novozymes is the world leader in bio-innovations. Novozymes products improve industrial performance and safeguard the world’s resources by offering sustainable solutions for the ever-changing marketplace. The new $80 million to $100 million production facility will meet Novozymes future demands. The facility will produce enzymes for existing corn-based ethanol and later enzymes for cellulosic ethanol production. It will bring about 100 new jobs to the state.
The Nebraska Advantage package made the state globally competitive for this high-tech company to grow their business in Nebraska. The Nebraska Advantage provides performance-based tax incentives for job creation and capital investment.
Midwest Manufacturing, a division of Menards, is building a $14.5 million production and distribution facility in Valley, Neb.
Midwest Manufacturing purchased the Shell Rock plant, situated on 80 acres east of Valley, which produces bricks and patio stones. Midwest Manufacturing is expanding the facility to include production of storage sheds, roof trusses and siding. The expanded operations will include a multiple-building campus and an additional 30 acres of development. The project means 150 new jobs by the time the expansion is completed in 2010.
Information technology giant Yahoo, Inc. will spend more than $100 million to locate two new facilities in Nebraska. A 150,000-square-foot data center will be located in LaVista, Neb., and a customer care center will be located in Omaha.
Low electric rates, reliability and future power availability were major reasons Yahoo decided on the locations. Yahoo also cited the Nebraska Advantage incentives as a major factor in making their decision. The Nebraska Advantage was updated in the 2008 session of the Nebraska Legislature to allow Internet web portal companies to qualify for business incentives. Other factors in Yahoo’s decision included the availability of job training assistance, abundant fiber optic providers and a growing information technology-oriented work force.
Yahoo will apply for incentives under Tier 4 of the Nebraska Advantage business incentives package, which calls for companies to invest at least $100 million in capital and create 100 new jobs.
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