Orthman Manufacturing Expands In Lexington, Nebraska, With Plans To Hire 100 Workers
Orthman President John McCoy cited agreements with the state of Nebraska and city of Lexington, along with record sales and a robust agricultural outlook, as reasons leading to the expansion plans. He said the agricultural economy and the firm's continued growth domestically provided the basic platform to invest in the new facility.
"The added capacity will allow us to competitively supply our agronomy-based technology into the industry that is feeding the world, keeping them efficient," McCoy said.
Once the new plant is complete, the company will move part of its northeast Lexington facility to the new site. Orthman will continue to use its facility northeast of Lexington, but has agreed to give the city its building east of Lexington to be used as a speculative industrial building.
BD Construction President and CEO Mark Benjamin said BD Construction is proud to be a part of the continuing economic development of the Lexington community. "This new manufacturing facility will propel Orthman's success as it continues to be a leader in the manufacture of agricultural equipment," Benjamin said. The new steel building erected by BD Construction will give Orthman the flexibility to tailor the building to the company's needs as it continues to grow.
As an incentive, the company is participating in the Nebraska Advantage Act, which offers tax incentives to companies willing to expand and create new jobs. According to the firm, Orthman has agreed to meet "Tier 4" requirements of the Act, calling for $10 million in investment and 100 new jobs. Orthman has met the new jobs requirement, pushing them over 300 total employees, while the new facility and production technology will meet the investment requirements over time.
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