Business

Minnesota Company To Build Nebraska Pole Plant

View Comments
(credit: Jupiter Images)

(credit: Jupiter Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. 4 Things To Know For Oct. 22, 2014
  2. Target Offering Free Shipping Through December
  3. St. Paul Woman May Have Been Serial Killer Victim
  4. After Airbag Recall, Consumers Still Looking For Answers
  5. Group Pushes For Halal Food Shelf

SIDNEY, Neb. (AP) — A Minnesota company will be building a $25 million plant and logistics center in the Nebraska Panhandle city of Sidney.

Bell Lumber & Pole Co., which is based in New Brighton, Minn., and Sidney officials announced the project earlier this week.

The company will commit $20 million to the project. State and local inducements include $5 million in Progress Loan Funding, $600,000 from a block grant and $1.5 million in tax increment financing.

Work on the plant is expected to begin soon. The company expects to hire 30 or more workers by the time the plant opens next summer.

The company will process raw timber into poles at the new plant and then ship them around the nation via rail or trucks.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,906 other followers