GIC Cuts Ribbon on New Site

GIC Cuts Ribbon on New Site

Tuesday, August 8, 2017

Gothenburg Improvement Company, the town’s volunteer economic development group, and Nebraska’s Lt. Gov. Mike Foley cut the ribbon on a new industrial site on the southeast corner of town Tuesday, Aug. 8, 2017, celebrating the completion of several years of work to provide another shovel-ready location for big business.

GIC vice president Nate Wyatt encouraged those gathered for the celebration to dream big when looking at the large empty grassy area that is a prime economic development site, complete with infrastructure and incentives.

“Now we’re ready to make the next big dream come true,” he said.

Prior to remarks by Lt. Gov. Foley, District 36 Sen. Matt Williams, of Gothenburg, told the crown that the people of Gothenburg are committed to dreaming big and turning those dreams into achievements by taking action.

“The future for communities that are willing to take action is bright,” Williams said. “Gothenburg meets and exceeds the needs of its citizens with great educational facilities and high quality medical services. Without a doubt, the new industrial site will ensure future growth. Thanks to the volunteers of Gothenburg for making it happen.”

Foley congratulated the community and all who have worked to complete the site.

“Gothenburg has great civic and political leadership in this community and it shows in so many different ways,” Foley said. “You’re going to grow this state and this community and create a great future.”

The $2 million industrial site project was funded with a grant from the Nebraska Department of Economic Development, USDA’s Rural Economic Development Loan & Grant Program and the city of Gothenburg sales tax fund.

The 368-acre site was purchased by GIC in 2007 for a price of $2,000 per acre. There are 156 acres that are not in the 100-year flood plain, with another 212 acres available. The site is adjacent to Union Pacific Railroad tracks and near both U.S. Highway 30 and Interstate 80.

            Following the ribbon cutting, Lt. Gov. Foley, Sen. Williams and others got a bird’s-eye view of the site with lift.