Business News in Omaha ?
Felsburg Holt & Ullevig, a transportation engineering firm, has relocated its Omaha office to Heartwood Preserve near 144th & West Dodge Road. After nearly two decades in Miracle Hills, the company’s 35 Omaha employees have moved to a modern 17,000 sq. ft. space on the top floor of the Carson 2 building. In addition to Omaha, the Denver-based company has offices in Lincoln: Council Bluffs: Des Moines, Iowa; Sioux Falls, S.D.; Colorado Springs; and Fort Collins, Colo.
LovelySkin, the largest dermatologist-owned and -operated skin, hair and beauty e-commerce website in the world, will hold a grand-openingceremony of its new, 75,000 sq. ft. distribution center and corporate headquarters in Gretna on November 1st. Started in Omaha by Dr. Joel Schlessinger, LoveySkin serves millions of customers.
Pacific Engineering, Inc. is opening a 52,000 sq. ft. manufacturing facility in Omaha at 5902 North 9th Street, according to the Lincoln Journal-Star. The Lincoln-based company makes products for government agencies and military contractors. The expansion was made possible by a $10 million “North and South Omaha Economic Recovery Grant” from the Nebraska Department of Economic Development.
HDR and Alley Poyner Macchietto Architecture, both based in Omaha, won the “Merit Award, Unbuilt Category” for the American Institute of Architects 2024 Central States Excellence in Design. The $150 million library is under construction on the southwest corner of 72nd & Dodge Street. The 3-story, 96,000 sq. ft. building is scheduled to open in 2026.
For the fifth time in 2024, Creighton University’s Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas, slumped below the 50.0 growth neutral threshold. The September reading declined to 48.1 from 48.7 in August – the ninth time in 2024 that the index has drifted around growth neutral.
Berkshire Hathaway is buying the rest of its utility unit from the estate of a long-time board member who died three years ago, according to Fast Company. Berkshire Hathaway Energy will pay Walter Scott Jr.’s family $2.4 billion cash and issue a number of Class B Berkshire shares that are equivalent to 1.6 million shares of the utility business. Berkshire is buying more than 4.4 million shares in the utilities to give it 100 percent ownership.
Did you know Omaha is the home to the headquarters of four Fortune 500 companies: Berkshire Hathaway, Kiewit Corporation, Mutual of Omaha, and Union Pacific Corporation.