Economic Development

2012.01.03

Business license application process streamlined

The business license application process in Las Vegas has been consolidated into one building and streamlined from 30 days down to a little more than a week, said a city official at the new Development Services Center at 333 N. Rancho Drive...view entire article

2011.12.26

Manufacturing firms bring new jobs, but some depart

Manufacturing companies - both new and expanding - probably will continue to be one of the largest sources of new employment in northern Nevada during 2012... view entire article

2011.12.26

Mining companies expanding exploration, development

Gold's long bull run - the price of precious metal rose roughly 44 percent in 2010 and its up about 214 percent from November of 2006 - is expected to sustain its momentum in the coming year, mining industry experts say. And that's expected to drive continued economic strength in the northeastern Nevada counties that rely heavily on the mining industry for their basic employment.. view entire article

2011.12.08

Fusion to open service center in downtown Reno

State and local officials welcomed the arrival of a new service support center in downtown Reno that brings much-needed jobs to an area hit hard by the housing and economic downturn...view entire article

2011.11.14

Tech firms give downtown a new vibe

A handful of businesses are slowly changing the perception of downtown Reno... view entire article

2011.11.07

Advanced Refining Concepts Expands Its Northern Nevada GDiesel(R) Refinery

At a groundbreaking ceremony, Advanced Refining Concepts, LLC, (ARC), exclusive producers of clean burning GDiesel(R), today announced that it has commenced construction on Phase 3 and 4 of its Peru Heights refinery. The expansion, which is expected to be completed in the second quarter of 2012, will double the plant's capacity to 400,000 gallons of GDiesel(R) per day. GDiesel(R), designated as an alternative diesel fuel by Nevada under NAC 486A.140, is exclusively used by several city and county fleets in the state under this legislation, and sold in retail stations, truck stops and to large fleet customers in lieu of traditional diesel fuel... view entire article

2011.10.24

MBA program makes Princeton Review's "Best" list - fourth time

For the fourth year in a row, The Princeton Review has recognized the excellence of the University of Nevada, Reno College of Business in its Best Business Schools guidebook, based on the quality of its MBA Program...view entire article

2011.10.18

Hawaiian manufacturer heading to Las Vegas

Honolulu company that manufactures and sells indoor and outdoor LED lights, marketing exclusively in Japan, will relocate to Las Vegas and use it as a base to enter the North American market... view entire article

2011.10.04

Braeburn Capital, subsidiary of Apple Inc., keeps very low profile in South Meadows

A building stands tall on Double R Boulevard in South Reno, just another of the many commercial spaces that have sprouted in south Reno in recent years. Yet, the quiet calm exuded by 730 Sandhill Road inside the Magnolia Double R center belies the rock star genes of one of its tenants...view entire article

2011.10.01

Going Global: Nevada's Place in the World Market
According to Lt. Governor Brian Krolicki, global trade, especially with an eye toward Asia, is one of the bright spots in Nevada’s current economic malaise...view entire article

2011.08.23

Sparks Gains a New Manufacturing Business
"Now Foods" comes from Illinois. They first came to Nevada 8 years ago for a shipping facility. Now they're going to make some of their vitamins here. But in Nevada it's really more about "now jobs" than "Now Foods". The state is so desperate for those jobs, Governor Sandoval came to the groundbreaking. Despite our recession, he expects to go to many more. "There are a lot of companies that are actively looking at northern Nevada, the state of Nevada to expand or relocate, so I think we'll see more good news. But every job is a good job."...view entire article

2011.08.21

Dental supply company opens TRIC distribution center
The success of an acquisition in Arizona in 2009 convinced executives of Benco Dental Supply to expand their West Coast presence to capture more market share in the region...view entire article

2011.08.15

Cut-and-sew plan boosting Douglas bid to apparel firms
With an eye on landing apparel-manufacturing operations that are headed back to the United States from overseas locations, Douglas County officials are moving closer to the launch of a cut-and-sew facility...view entire article

2011.08.0

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Northern Nevada Sees Increase in Companies and New Jobs
Greater Reno-Tahoe saw an uptick in the number of companies that relocated to and expanded in the region over the past 12 months compared to the previous year pointing to increased business activity in an otherwise still sluggish economy.  According to the Economic Development Authority of Western Nevada (EDAWN) from July 1, 2010 to June 30, 2011, the organization and its regional partners assisted 17 companies move to or expand in the region creating 670 new jobs compared to the 11 companies and 513 jobs reported last year – a 55 percent increase in the total companies and a 31 percent increase in the total jobs created year over year...view entire article

2011.07.19

Henderson plant to expand with state's blessing
One of Southern Nevada's oldest industrial manufacturers is expanding and will get a $2.7 million tax incentive from the state...view entire article

2011.07.13

TRIC companies adding 700 jobs
The Tahoe-Reno Industrial Center, 505 USA Parkway, will add almost 700 new employees this year...view entire article

2011.07.12

Sportsman's Warehouse returns to Southern Nevada
A Utah-based retailer that closed two of its stores in Las Vegas after filing Chapter 11 bankruptcy is moving back into the market....view entire article

2011.07.11

Food processors nibble at locations in Reno, Carson
Food manufacturers and processors who operate on tight margins increasingly look to low-cost northern Nevada as the site for new operations...view entire article

2011.07.07

Report: Nevada golden for growth of exports
Though not known for exporting much more than silver and gold, Nevada still ranked first for export growth and export intensity growth in a June report from the U.S. Chamber of Commerce...view entire article

2011.07.06

China's ENN plans PV factory and 720MW project for Nevada
A unit of Chinese energy giant ENN Group hopes to build a thin-film PV manufacturing plant and 720MW generation project on 22 sq km of public land at the southern tip of Nevada, US....view entire article

2011.06.28

Nevada exports increase in 2010
Despite a sharp drop in gold sales to Switzerland, Nevada's exports to the world last year rose to the second-highest level ever....view entire article

2011.06.24

NOW Food Expands in Sparks
An international manufacturer of health food and nutritional supplements has announced it is expanding its distribution center in Sparks, and building a 130,000 square foot facility to house its expanded west coast distribution and manufacturing operation at 575 Vista Blvd.  NOW Foods, a manufacturer of dietary supplements, sports nutrition, personal care and beauty products and nutritional foods based in Bloomingdale, ILL., will add 10 new jobs to its existing 29 jobs as part of its first phase company expansion in early 2012, which will include its distribution facility.  The manufacturing facility will be brought online in a second phase...view entire article

2011.06.22

Las Vegas, Boulder City companies to get boost from state
State officials on Tuesday approved tax reductions for a new Las Vegas company that recycles old electronic devices and a training grant for a Boulder City company that plans to make wind turbine blades in Pahrump...view entire article

2011.06.15

Program trains skilled workforce for manufacturing in a world market
Northern Nevada Development Authority is bringing President Obama's Dream It Do It initiative to the Silver State.....view entire article

2011.06.09

Ground broken on Urban Outfitters' Stead project
Business leaders on Wednesday held a ceremonial groundbreaking for the 462,000-square-foot Urban Outfitters Inc. warehouse-distribution center in Stead.....view entire article

2011.06.08

Nevada Company Diversifies by Creating "Green" Geothermal Jobs
HydroTech Inc., a Nevada small business located east of Reno in Fernley, Nevada, is now providing well logging services in the northern Nevada geothermal region for Sandia Labs, owned by the Department of Energy, and for Ormat Technologies. ...view entire article

2011.06.01

Rural Nevada: Micro-Economies in a Macro State
While Nevada is one of the hardest hit states and still battling its way back from the recent great recession, the Nevada economy is made up of micro-economies.  The state as a whole saw 13.2 percent unemployment in March, but the rate varies by county.  At first glance, it might be assumed that Nevada’s rural communities are struggling harder than the metro areas, that’s not true in every instance.  Nevada’s rural communities have their own personalities and economies, and some of those economies are doing quite well.....view entire article

2011.05.30

Cargo numbers: Recovery ahead
As a rough rule of thumb, Brian Pratte says, the economic impact of an air cargo flight is 10 times greater than the impact of a passenger flight.....view entire article

2011.05.30

Aerospace a growth industry for region
From their offices just outside the northwest corner of the Carson City Airport, employees of Click Bond Inc. can walk just a few steps to a waiting private jet that will take them to meetings with customers across the nation...view entire article

2011.05.23

Survey finds confidence among Sparks businesses
More than half of business owners in the heart of Sparks’ industrial zone predominately feel that the worst of the recession is over, and that their businesses are growing or poised for growth ....view entire article

2011.05.17

Amonix completes CPV manufacturing facility in Nevada
North Las Vegas was filled with state and local officials who joined Amonix and its manufacturing services partner Flextronics at the ribbon cutting ceremony for Amonix’s new 214,000 square foot manufacturing facility. The manufacturing site, which utilizes electricity generated by an Amonix 7700 system, produces Amonix CPV solar power systems and employs over 300 local Nevada citizens in new management, technical and production jobs....view entire article

2011.05.11

Nevada Commission on Economic Development Encouraged by First Quarter Increased Business Activity
Lt. Gov. Brian Krolicki, Chair of the Nevada Commission on Economic Development (NCED), reports that the state agency has seen a 159 percent increase in first quarter business development activity compared to the same period in 2010...view entire article

2011.05.09

Web fulfillment boom takes another step
Urban Outfitters, which will construct a large Internet fulfillment center in Stead, is only the latest in a recent string of major retailers that have given northern Nevada the nod for new fulfillment facilities....view entire article

2011.05.05

Urban Outfitters will bring 655 jobs to Reno with new Internet fulfillment center
Urban Outfitters, Inc., will open a Western U.S. Internet fulfillment center in Reno, Gov. Brian Sandoval announced Wednesday morning....view entire article

2011.04.20

'The SILVER Spark' Ignites a More Diverse Economy for Nevada
Gov. Brian Sandoval today announced the release of "The SILVER Spark for Nevada: Sustainable Innovation Leading a Vital Economic Renaissance," a report highlighting Nevada's industry innovation strength areas with the commercialization potential to form the foundation of a more diverse economy for the state. The report was jointly released by the Office of the Governor, the Office of the Lt. Governor, the Nevada Commission on Economic Development and the Nevada Institute for Renewable Energy Commercialization...view entire article

2011.04.06

Storey approves tax incentives to 3 companies
The Storey County Commission gave its approval to a tax incentive package for three companies that are opening facilities in the Tahoe Reno Industrial Center this year...view entire article

2011.03.16

New Biofuel Production Plant Announced for Nevada
State leaders are excited for a new renewable energy processor that they say will improve Nevada's economy.  Green Fuels America will manufacture its line of fuelmatic biodiesel processors in Nevada....view entire article

2011.03.16

Nevada Ties With Georgia For Highest 2010 Entrepreneurial Activity
Nevada and Georgia tied as the two states with the highest entrepreneurial activity rates in the country, according to the “Kauffman Index of Entrepreneurial Activity,” a leading indicator of new business creation in the United States...view entire article

2011.03.15

2 local companies qualify for tax abatement incentives
Two local companies will receive tax abatement incentives from the Nevada Commission on Economic Development to expand their businesses in Southern Nevada....view entire article

2011.03.11

Nevada Development Authority Targets Chicago With Advertising Campaign
Known for its attention-grabbing ad campaigns in Southern California and New Jersey, the Nevada Development Authority is now targeting business owners in Chicago, inviting them to make a move to the Silver State.  In response to significant income and corporate tax increases in Illinois, the Las Vegas-based economic diversification agency launched ads on Chicago television stations, prompting executives to consider Nevada's two favorable climates: warm weather and pro-business conditions.....view entire article

2011.03.04

Brightpoint opens Reno facility, will hire about 80 employees
A third-party logistics provider to the U.S. wireless telecommunications and data industry, Brightpoint North America Inc., is opening a supply chain logistics and distribution services facility in Reno that will employ about 80 people....view entire article

2011.02.18

Reid Supply Expands with Reno Distribution
To meet the needs of continuing growth, Reid Supply Company announced today the opening of its Reno, Nevada distribution center for Bearings and Power Transmission products. This facility will serve Reid’s customers in the western United States....view entire article

2011.02.16

Pacific Cheese Company Expanding in Reno, Nevada
Pacific Cheese Company, a cheese supplier, is creating 16 jobs in Reno, Nevada.  The company will expand it's manufacturing facility in the city....view entire article

2011.02.13

Nevada Development Authority takes a serious tone in new ad blitz
For the last 11 years, the Nevada Development Authority has used often-controversial advertising strategies to lure businesses from Southern California to the Silver State.  But this spring, the organization is taking a more serious approach....view entire article

2011.02.10

Economic Development budget boosted to spur job growth
While many state agencies have been lamenting proposed cuts to their budgets in the early days of the 2011 Legislative Session, the Commission on Economic Development is not one of them...view entire article

2011.02.10

Nevada Workers' Compensation Decreases by 3.9 Percent Amid Neighboring States' Increases
As western region workers' compensation insurance continues to climb, Nevada is moving in the opposite direction by lowering rates, a move that could attract new businesses and expand existing industries in the Silver State...view entire article

2011.01.19

New company to raise shrimp in middle of desert
Two Southern Nevada companies, including a new arrival to North Las Vegas that will grow shrimp for food outlets in Las Vegas and abroad, on Tuesday received tax and training grant incentives from the Nevada Commission on Economic Development...view entire article

2011.01.05

Schluter Systems plans new 'green' facility at Tahoe Reno Industrial Center
A German-based distributor of tile installation edging and finishing products plans to open a 90,000-square-foot, environmentally green regional center east of Sparks in July...view entire article

2011.01.05

Zappos CEO floats idea of downtown high-tech business incubator
For 40 years, downtown Las Vegas has been "Old Vegas," and justifiably so.  Binion's, the El Cortez, even the newly gilded Golden Nugget are museum pieces next to most strip hotels.  As a result, downtown has suffered economically.  In the future, however, casino glitz might not count for much in and around Fremont Street....view entire article

2010.12.20

Two California Manufacturers Invest in Reno AM2T Moves to Reno and Synvasive Technology Expands Existing Operations
Two California manufacturers looking to escape the high costs of doing business in the Golden State are investing in Reno creating much needed jobs and opportunities...view entire article

2010.12.13

Small biotech firms begin to set roots
Bill Andrews, who tells his investors that he's going to cure aging or die trying, wants to live out the rest of a very long lifespan in Reno...view entire article

2010.12.05

NEVADAN AT WORK: Official: Varied business base will help Las Vegas flee recession
If you long for a job with a big high-tech company or a major new factory, Mike Skaggs is the guy who could help fulfill your dreams....view entire article

2010.12.02

Economic Development Team Announces Record Week for Business Relocations and Expansions in Northern Nevada
Lt. Governor Brian K. Krolicki, the Nevada Commission on Economic Development (NCED) and the Northern Nevada Development Authority (NNDA) are proud to announce that within one seven-day period, five companies relocated to northern Nevada and two other Nevada companies have begun the expansion of their businesses...read entire article

2010.12.01

City Council 'excited' about Zappos move
City officials and business executives on Wednesday sang the praises of Zappos' planned move to Las Vegas as if it were about to start raining $100 bills all across downtown...view entire article

2010.11.29

Tax Foundation Ranks Nevada Business Tax Climate 4th Best in Nation
Lt. Gov. Brian Krolicki, chair of the Nevada Commission on Economic Development, announced today that Nevada was ranked No. 4 in the Tax Foundation's 2011 State Business Tax Climate Index....read entire article

2010.11.08

Scougal Rubber Corp. will bring 75 to 80 jobs to northern Nevada as it moves from Seattle to share manufacturing facilities with its sister company and to relocate near its largest West Coast market...read more

2010.11.08

Aided by a $5.9 million American Recovery and Reinvestment Act competitive manufacturing tax credit, the concentrated photovoltaic (CPV) manufacturer, Amonix Incorporated, broke ground on a new 150 megawatt capacity manufacturing facility in the city of North Las Vegas, Nev., on Oct. 28. The facility will help stimulate the green economy in the state...read more

2010.11.01

Nevada Commission on Economic Development - Driving Technology Commercialization
All the western states experienced budget crunches in the recent economic downturn.  All the western states are looking for new business.  And the cost of doing business in the western states is fairly similar across the board (California being the exception).  Nevada needed a dynamic business platform to present the reasons Nevada is a great place to grow business....read entire article

2010.10.29

Bill Chernock, executive director of the Carson Valley Chamber of Commerce, summed up the overriding sentiment shared among roughly 200 people gathered on a vacant lot in north Minden on Thursday. “Obviously, any time this is a great thing for the community — an iconic company expanding their presence in Carson Valley,” he said. “But given the economic situation in the state and country, this is even more important now.” Read More

2010.10.06

NV: NNDA Deploys Manufacturing Recruitment Initiative in Sierra Region
The Washington, D.C.-based Manufacturing Institute and the Northern Nevada Development Authority recently announced the deployment of a national initiative to revitalize Nevada’s workforce and economy.  Developed by the Institute in 2005, Dream It. Do It. uses cutting-edge marketing to inform students, transitioning workers and military servicemen and women about exciting career opportunities in manufacturing and other key sectors to our community such as construction, healthcare, mining, renewable energy, public service and many others....read entire article

2010.09.30

The Silver State's Silver Lining
Southern Nevada has been a magnet for California-based firms seeking new locations for several years. That trend shows no sign of abating as the greater Las Vegas region continues to attract firms in the life sciences and energy fields....read entire article

2010.09.29

One of the nation’s largest coffee roasting companies is shipping its popular brands of coffee to stores throughout the West from Sparks, Nevada. Massimo Zanetti Beverage USA (MZB) opened its Western Regional Distribution Center in the Spanish Springs Business Center on Sept. 16...read more

2010.09.27

Front Line: Tahoe-Reno Industrial Center: Oasis in the Desert
Storey County, Nevada's Tahoe-Reno Industrial Center occupies more than half the county's land, and is attracting global companies including Walmart, Alcoa, and the Mars Corp....read entire article

2010.09.20

Exports Surge by Nearly $300 Million in Nevada
The U.S. Department of Commerce recently announced that Nevada exports increased by $291.7 million during the first half of 2010, creating 2,227 new jobs. This is a growth of 22.9 percent compared to the same period in 2009....read entire article

2010.08.30

A new high voltage electric transmission line that will improve the reliability and operating efficiency of Nevada’s electric system and boost renewable energy development is a step closer to fruition...read more

2010.08.13

Survey gives Sparks optimism
Word that Sparks ranks No. 10 up-and-coming small markets for high-tech manufacturing in the West is giving community leaders some optimism as they look to bolster the city's long-term economic prospects....read entire article

2010.07.01

Nevada's state and local tax burden ranks 50th out of 51, according to one study that includes Washington, D.C. A family of three living in Las Vegas with a $75,000 annual income had the 47th lowest tax burden compared with a similar family in each state's largest city, another study found.  More, we reportedly have near-bottom levels of taxpayer funding for welfare, education and parks...read entire article

2010.06.20

Last month, the owner of a company that has been operating in California for more than 40 years called the Nevada Development Authority to inquire about the advantages of moving his manufacturing business to Las Vegas. It was a Friday and he wanted to meet with someone right away...read more

2010.06.15

Nevada's crummy economy might actually have helped the state grab some positive publicity for a change.  The Silver State ranked No. 5 on the list of Best States for Business in the latest issue of Chief Executive magazine, which surveyed 651 corporate leaders on state taxation and regulation, quality of work force and living environment. Nevada edged up a spot, from No. 6 a year ago...read more

2010.05.10

Nevada is the 5th Best State for Business
More than 600 CEOs rated states on a wide range of criteria from taxation and regulation to workforce quality and living environment, in Chief Executive's sixth annual special report......view report

2010.05.10

Nevada Ranks #3 in the 10 Best States for Entrepreneurship and Small Business
The Small Business & Entrepreneurship Council’s “Business Tax Index 2010” ranks the states from best to worst in terms of the costs of their tax systems on entrepreneurship and small business. The Index pulls together 16 different tax measures, and combines those into one tax score that allows the 50 states and District of Columbia to be compared and ranked. Here are this year’s top 10 state tax systems, according to the study.....view website

2010.04.26

NV Energy Launches New GIS Statewide Database
Brokers and developers promoting Nevada to potential businesses just got a new and improved tool to add to their storehouse of attractions for moving to the state.   NV Energy has launched its new interactive geographic information system (GIS) building and site database, called Nevada Site Locator...read more

2010.04.09

Krone North America Opens Western Region Distribution Center in Reno
Krone North America, a major manufacturer of hay and forage harvesting equipment, has opened its new Western Region distribution center in Reno, Nevada. The 50,000 square foot facility will serve as a parts distribution point for the company’s network of dealers in the Western U.S., and as a training facility....read more

2010.03.22

Elko officials see railport as step toward diversification
The opening of the Northeastern Nevada Regional Railport on the eastern edge of Elko will go a long way to diversification of Elko County’s economy, county officials say.  The roughly 60-acre facility already has been used by Ruby Pipeline LLC for several shipments of pipe for the company’s Ruby Pipeline Project. Despite freezing conditions, a host of local dignitaries and business leaders turned out to mark the official opening of the $10 million transloading facility two weeks ago...read more

2010.03.15

2010.03.11

2010.02.24

2010.02.18

2010.01.01