
Plymouth
Manufacturing, Inc., which started up in 1973 in Plymouth, Neb. (pop.
455) was the kind of company that small communities hope to attract.
The company manufactured fabricated agriculture equipment, including
feeding equipment, corrals, and gates.
But everything changed in 1979, when Dennis Molzer, company co-founder,
died, and left his wife and co-founding partner, Pat, to run the
company herself. In 1980, she sold the company to a group of local
investors who were connected to the Hoover Materials Handling Group,
Inc., a subsidiary of Hoover Group Inc. Industries LLC.
Wanting to continue the company’s successful operations and product
lines, the investors expanded into a larger 40,000-sq.-ft. facility and
renamed the company Plymouth Industries LLC. The expansion resulted in
the creation of 20 full-time jobs.
To assist them with the endeavor, village officials were awarded a
$485,268 Community Development Block Grant (CDBG), $355,000 of which
was applied toward the building’s purchase price, and $123,268 that was
used to help pave a street leading to the facility. Street improvements
were necessary to accommodate the anticipated heavy truck traffic to
and from the plant. The village of Plymouth and Jefferson County helped
finance the street improvements that also have benefited the nearby
Farmer’s Cooperative.
On repayment of the $355,000 CDBG loan, the village created a reuse
fund to keep money in the community and available to assist with other
economic development projects, including providing loan assistance to
Plymouth’s newest business.
Plymouth has benefited from job creation, increased revenues and use of
a building that previously stood vacant. In turn, employees from
Plymouth Industries shop and eat in the village and contribute to the
overall welfare of the community.
“ Keeping a business open and viable is very important for small
communities,” said City Clerk Deb Milius. “Plymouth is fortunate to
have Plymouth Industries LLC located here.”