Omaha Economic Development Corporation announced that Pacific Engineering, Inc. will lease a 150,000 sq. ft. industrial facility at 5906 Abbott Drive, creating 150 jobs and marking the first business under the Airport Business Park program.
The agreement represents the first major business recruitment within the recently formed Omaha Inland Port Authority, which is intended to drive private investment and job growth in north Omaha.
PEI is a Lincoln-based designer and manufacturer of advanced composite products for military and commercial applications. Construction is expected to be completed this fall, with operations beginning before the end of the year.
“Pacific Engineering is excited about this expansion in Omaha, strengthening our presence in a key market and positioning us to contribute to the city’s next phase of economic development. This move supports our continued growth and creates shared benefits for our business, the community and the local economy,” said Dexter Myers, senior vice president.
Over the next five years, the company expects to hire approximately 150 employees, with an average annual wage of $74,000. Pacific Engineering aligned with Airport Business Park’s intent, entering a 15‑year Community Benefits Agreement, outlining hiring, wage and workforce advancement benchmarks, with priority given to residents of qualifying north Omaha census tracts.
“This project demonstrates exactly what the Airport Business Park was designed to do: unlock private investment, create quality jobs, and deliver real economic opportunity to north Omaha,” said Michael Maroney, president and CEO of Omaha Economic Development Corporation.
The Airport Business Park program was created by the Nebraska Legislature in 2022 through the Economic Recovery Act (LB 1024) to spur development in historically underserved areas near Eppley Airfield, building on priorities identified in the North Omaha Recovery Plan.
OEDC officials say additional site development and business recruitment efforts are already underway.
The first official business leased under the Airport Business Park grant program is the result of the collaborative partnership of the Omaha Inland Port Authority, the State of Nebraska, Greater Omaha Chamber and Burlington Capital.
Photo above by Emily Fisher of NAI NP Dodge
