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Business Report: Nebraska – Community Development Block Grant Funds Expansion in York

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T he Nebraska Department of Economic Development has awarded the City of York $267,955 in Community Development Block Grant (CDBG) funding to assist York Cold Storage with an expansion of its operations. New equipment arriving for York Cold Storage’s Nebraska facility, which is in the midst of a $3 million expansion.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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COVER STORY: Editors’ Location Picks

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Access to an educated, skilled and motivated workforce is one of Greater Omaha’s key assets because it draws business to the area and spurs economic growth. The time is right for Airbus to expand in America,” Airbus President & CEO Fabrice Bregier said in a statement. Union Pacific, ConAgra Foods, Peter Kiewit Sons, Inc.

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