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Published July 22, 2010, 01:44 PM

Nebraska turkey plant’s new owner gets more help

GIBBON, Neb. — Buffalo County supervisors have cut the tax valuation on the former Turkey Growers Cooperative plant.

GIBBON, Neb. — Buffalo County supervisors have cut the tax valuation on the former Turkey Growers Cooperative plant.

The new owners, Midwest Meat Packing, had asked for the valuation to be sliced to $280,000 from $915,000. On Tuesday, while meeting as the board of equalization, supervisors reduced the valuation to $400,000 — the purchase price in March.

In April, the county Economic Development Council agreed to lend the company $100,000 for six months, no interest. County officials said the loan would help the company hire 30 workers for beef and pork processing.

Midwest Meat Packing is the new name on the plant, which was bought by New York-based AMSA International. The company said in April that it plans to invest $3.6 million and hire 160 workers by the end of 2010.

GIBBON, Neb. — Buffalo County supervisors have cut the tax valuation on the former Turkey Growers Cooperative plant.

The new owners, Midwest Meat Packing, had asked for the valuation to be sliced to $280,000 from $915,000. On Tuesday, while meeting as the board of equalization, supervisors reduced the valuation to $400,000 — the purchase price in March.

In April, the county Economic Development Council agreed to lend the company $100,000 for six months, no interest. County officials said the loan would help the company hire 30 workers for beef and pork processing.

Midwest Meat Packing is the new name on the plant, which was bought by New York-based AMSA International. The company said in April that it plans to invest $3.6 million and hire 160 workers by the end of 2010.

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