Lincoln, Nebraska, Feb 17, 2012 -- Thurston Manufacturing Company of Thurston, Nebraska was recognized today at a White House and U.S. Department of Agriculture event recognizing manufacturing success in rural America. Ryan Jensen, owner of Thurston Manufacturing Company, participated in the event at the White House. Also attending were John Grose and Allen Hansen, representatives of First National Bank of Omaha, who provided the loan, guaranteed by USDA Rural Development, to Thurston Manufacturing Company.
Thurston Manufacturing Company was selected with other manufacturers from around the country for successfully establishing and growing a business in a rural region. Thurston is a Northeast Nebraska community of 125 rural residents. Incorporated in 1971, Thurston Manufacturing Company is a leading manufacturer of farm equipment and side dump semi-trailers. Their products are sold in the United States and Canada.
USDA Rural Development’s Business and Industry Guaranteed Loan program provided a guarantee on a loan originated by First National Bank of Omaha. The funds allowed Thurston Manufacturing Company to restructure their financial plan and expand their plant and purchase equipment.
The plant is currently in the construction phase of its 43,000 square feet expansion. The Company’s work flow efficiencies will be improved, allowing the Company to continue to operate above capacity. Seventy-seven jobs will be retained and 12 jobs created for Thurston Manufacturing Company.
Thurston Manufacturing Company manufactures and sells farm equipment such as fertilizer applicators, tillage and track systems under the trade name of BLU-JET. In 1999 the Company purchased Circle R and began manufacturing and selling side dump semi-trailers.