Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper
Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper
Lukjan Metal Products, LLC., has received a $500,000 LB-840 grant from the City of Sidney.
Sidney’s Economic Development Citizen’s Advisory Committee on May 5 unanimously approved a recommendation to the Sidney City Council, which approved the grant at its regular meeting Tuesday.
“One-fifth or $100,000 plus 2 percent accrued interest will be forgiven on or before December 31st of each year starting in 2018 on the condition that the total number of jobs is met and retained for one calendar year,” Melissa Norgard, Sidney economic development director, explained to council.
Lukjan is required to create, at a minimum, 10 new jobs each year for four years and nine jobs in the fifth year, for a total of 49 new jobs.
“Wages and benefits must exceed the average prevailing wage rates for production workers in Cheyenne County,” Norgard said.
The minimum can be met early and the entire amount will be forgiven as long as the jobs are retained for one calendar year.
Herb Gibson, midwest regional director was present at the meeting, and said Lukjan is committed to its operation in Sidney.
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