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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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This is why you’ll find that Greater Omaha and the state of Nebraska have been instrumental in developing incentive programs designed to increase business, investment and employment in the entire region. The time is right for Airbus to expand in America,” Airbus President & CEO Fabrice Bregier said in a statement.

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State by 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. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.

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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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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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While a wealth of industries and companies are adding advanced manufacturing jobs in Kentucky—including healthcare products and pharmaceutical production, factory robotics systems fabrication and integration, aerospace composites, chemicals engineering and production to name a few—none is growing as fast as aluminum.