COLUMBUS – After many months of planning, Columbus Hydraulics has officially broken ground for the construction of a brand new facility.
The new 120,000 square foot building will be located just off of Highway 30 heading towards Schuyler, and Columbus Hydraulics President and CEO Michael Winn says that planning for the project kicked into gear last November. Winn says that the project is expected to be completed in September of 2019, and the hope is that about 50 jobs will be created with the new facility.
One of the final steps for the project was the City Council’s approval of a loan agreement at their meeting on October 1, where $300,000 of the city’s $600,000 loan will be forgiven after an initial payment of $300,000. The funds from the city’s loan will come from the “840” Local Economic Development Fund, which is designed to financially assist growing business operations in Columbus.
The groundbreaking ceremony was attended by Mayor Jim Bulkley, City Administrator Tara Vasicek, and members of the Columbus Chamber of Commerce, Columbus Hydraulics, and BD Construction. Winn says that BD was the most eager company that he met with about the project, and says that he feels very comfortable working with BD, and thinks project will go smoothly as a result.