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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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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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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.

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