http://www.omaha.com/article/20100720/NEWS01/707219941/1009#kimball-ammo-maker-gets-grantKimball ammo maker gets grantKIMBALL, Neb. (AP) ? A company that makes and sells small-caliber firearm ammunition has received a $315,000 Community Development Block Grant to assist with its startup in western Nebraska.
Gov. Dave Heineman awarded the grant Tuesday to High Point Manufacturing in Kimball.
High Point will manufacture, market and sell ammo and also plans to operate a factory retail store that sells ammunition.
The governor?s office said the company will create 23 full-time jobs.
High Point will locate in a building on the east side of Kimball.
The company will use the loan to make capital improvements and for inventory. The Community Development Block Grant funding will be matched by $250,000 in owner equity and $65,000 from Kimball?s Economic Development Fund.