Content related to ‘NE’

Nebraska Corporate Moves

Nebraska Corporate Moves Posted on:

Catalog Retailer Doubles Capacity One of the most prominent recent corporate expansions in Nebraska is Oriental Trading Company, Inc.’s (OTC) new 737,000-square-foot fulfillment center in La Vista, NE. Headquartered in Omaha, NE, OTC is the largest direct marketer of novelties, toys, and party supplies and the second largest direct marketer of home décor products. To serve its 18 million customers with over 30,000 unique items, the privately held company needed to nearly double its order processing capacity. The new fulfillment center does just that, bringing OTC’s fulfillment space up to a total of 1.9 million square feet. La Vista is part of the Greater Omaha region, throughout which OTC employs about 3,000 people. The new building is the largest distribution facility in eastern Nebraska and, according to the company, “utilizes the latest in technology, including a sophisticated order management system.” “Our newest fulfillment center embodies the future of Oriental Trading Company and our goal of becoming a world class organization,” says Steve Frary, OTC’s president and CEO. “It is an essential part of Oriental Trading Company’s overall platform for growth. When combined with the strength of our brand, our vast product selection and e-commerce capabilities, we are well-positioned for our next phase of growth.” Ethanol Flowing From Nebraska There has been speculation that the boom in ethanol plant construction across the Midwest will slow, but it hasn’t stopped ethanol projects already underway in Nebraska from opening recently. US BioEnergy Corporation began production in May 2007 at its Ord, NE facility. Ground was broken on the 50-million-gallon plant in December 2005 and construction was completed ahead of the normal 20-month schedule. The Ord plant is expected to produce approximately 50 million gallons of ethanol and 275,000 tons of modified wet distillers grains per year from the 15 to 18 million bushels of corn provided by local farmers. Forty new jobs were created by the plant. The facility is served by Loup Valleys Rural Public Power District, a Nebraska Public Power District wholesale customer. The next month, Siouxland Ethanol, LLC held its grand opening on June 18, 2007, at its site in Jackson, NE. The $80 million plant, for which ground was broken in September 2005, is estimated to be able to produce 50 million gallons of ethanol and 165,000 tons of distillers grain annually. The company employs 35 people. Abengoa Bioenergy hosted an open house last October to showcase its new $34 million, state-of-the-art cellulosic biomass-to-ethanol pilot plant. The plant, located adjacent to Abengoa’s 55-million-gallon per year ethanol facility, researches and… …Read More…