Orthman Manufacturing, Inc

A short line manufacturer of farm equipment and implements.

Investment

  • NMTC Amount: $8,820,000
  • Total Project Cost: $13,427,669

IMPACT

  • 157 FTE jobs
  • 66 construction jobs
  • 200 Indirect Full-Time Jobs Created, 55% Increase in Local Wages
  • 115,000 sq. ft. of real estate

Investor

Project Description

Orthman is a short line manufacturer of farm equipment and implements, including the 1tRIPr strip-tillage machine and Tracker implement steering system, as well as a maker of conveyor and materials bulk-handling systems, and Soil Mover industrial earth-moving equipment. NMTCs helped fund the construction of their 115,000 sq. ft. farm equipment manufacturing facility, creating/retaining jobs in the economically depressed area of Lexington, NE. This manufacturer became the anchor tenant of the Lexington Industrial Park, attracting businesses that specialize in farm machinery and farm equipment which boosted the economy. They are well known for their long-standing tradition of valuing employees, who are given opportunities for professional development, career advancement and tuition reimbursement benefiting the low-income, and has also become well-known for giving generously to their local community.

MAP

Address: 75765 Road 435, Lexington, NE 68850

Census Tract: 31047968100

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