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Quote of the Month
"All lasting business is built on friendship."
-Alfred A. Montapert |
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Special Thanks to Our Partners: | |
Government Partners
Nebraska City Utilities
Platinum Partners
St. Mary's Community Hospital
Gold Partners
Arbor Bank
Short-Elliott-Hendrickson, Inc
Omaha Public Power District
Cargill Value Added Meats Farmers Bank & Trust Co. VanderVeen & Goracke, CPA
Diversified Foods and Seasonings
Olsson Associates
Silver Partners
American National Bank
Commercial State Bank Hampton Commercial Construction, Inc.
Alfred Benesch and Co.
JEO Consulting Group
Kirkham Michael
Concrete Industries
Schemmer Associates
Tri-State Office Products
Century21-Bremer Agency
Bronze Partners
Heartland
Community Bank
Borns Financial Planning, Inc.
Professional Mortgage Services
Miller-Monroe-Farrell/Home Real Estate
JJ Palmtag
Nebraska Business Development Center
National Arbor Day Foundation/Lied Lodge Conference Center
Affiliate Partners
Dan Giittinger
Compound Profit Advisors
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Preparations are underway for the 47th annual Greater Nebraska Science and Engineering Fair March 23 - 25, 2012. This is a great event which showcases great minds of our youth. The fair is currently looking for judges. If your degree is in any of the following categories: Animal Science, Behavior and Social Sciences, Chemistry, Biochemistry, Biology, Engineering and BioEngineering, Environmental Sciences, Medicine & Health Sciences, Physics and Astronomy or Plant Sciences then GNSEF needs you! If you would like to see these projects up close, this is your opportunity.
Contact us to help this years judging at
402-873-4293.
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Its All About
Making a
Positive Impact
on our Region
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| Greetings!
In an effort to improve communications with our partners, colleagues and residents, we publish this brief, monthly eNewslwtter. If you have comments, questions or suggestions, please do not hesitate to contact our office. We value your input.
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From the Director:
Welcome to January!
Hope the holidays were kind to you. There are always things going on in Nebraska City and Otoe County. Have you heard that Otoe County is now part of a Foriegn Trade Zone? We have a new Business Spotlight added to our newsletter for January. For a laugh, please check out the video Ormie the Pig it should be named "A Day in the Life of an Economic Developer".
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Ormie the Pig |
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This year we are highlighting some of our partners who have increased their commitment to NCAEDC. This month's spotlighted partner is Professional Mortgage Services.
This Months Spotlighted Business:
Professional Mortgage Services
"Your Home Lending Specialists"
123 S. 8th St.
Nebraska City, NE 68410
402-873-7794
www.professionalmortgageservices.com
Professional Mortgage Services, owned and operated by Jack and Peggy Hobbie has been in Nebraska City for 22 years. Jack has been in the mortgage profession for 39 years since graduating from college. Their attention to detail and great customer service has garnered many repeat clients and continued referrals from satisfied clients. You can be sure that you will receive quality service from their organization when you look at the impressive list of awards.
- USDA's Guaranteed Rural Housing Million Dollar Lender of the Year award in years: 2003, 2004, 2005 and 2009
- USDA's Top 10 Lender award in 2007.
- In 2010 Jack was awarded the Nebraska Mortgage Association's Lender of the Year Award.
Great job Jack we're glad you are part of the business family of Otoe County.
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Next month the partner to be highlighted is Olsson and Associates.
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Otoe County has been Awarded
a Foreign Trade Zone!
Otoe County will be partnering with Lancaster and Seward Counties to be part of Foreign Trade Zone #59. Two Thousand Acres (2,000) have been allotted to FTZ #59 and those will be allocated based on requests by the businesses making the application. As a County, we will not be restricted to one specific area for a zone, nor is there a lid on the number of zones. For example there could be zones in every district of the county if a qualifying company was located there. A company must be the actual applicant for the FTZ on their property.
Foreign-Trade Zones are restricted-access sites that are considered outside the U.S. Customs territory. Companies that operate in foreign-trade zones can defer, reduce, or eliminate Customs duties on foreign products admitted into zones for storage, exhibition, assembly, manufacture and processing. Customs duties are not paid on products and materials exported from foreign-trade zones; they are paid only on products entered into U.S. Customs territory. Zone users may elect to pay the duty rate applicable to either the original foreign material or the finished product manufactured from the foreign material, whichever is lower. No duties are owed on scrap/waste. Zones provide the opportunity to reduce cycle time by expediting the receipt of foreign sourced material and filing summary entries only once per week. This makes many U.S. operations more cost-competitive with overseas operations.
Having a Foreign Trade Zone (FTZ) will be a great recruiting tool when attracting new industrial candidates to Otoe County! Any area in the County would be eligible but the company must follow the requirements of the Foreign Trade Zone.
We are excited to have this tool in our arsenal.
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Stephanie Shrader, Executive Director
Nebraska City Area Economic Development Corp. |
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