NV: Seven Companies Expected to Invest $318 Million, Create 847 Jobs in Nevada

The Nevada Governor’s Office of Economic Development (GOED) has approved $25,366,013 in tax abatements. In return, these companies are projected to create 847 jobs in the next five years at an average hourly wage of $33.66. Additionally, these companies will make a capital equipment investment of $317,719,176 and generate $105,635,326 in new tax revenues over the 10-year abatement period.

“The companies approved today for abatements are poised to inject millions of dollars into the economy and create hundreds of high-paying jobs,” stated Governor Joe Lombardo. “Nevada continues to foster a vibrant, diverse business environment that supports growth and success across various industries.”

The companies receiving abatements are in Clark County, Storey County and Churchill County. The companies approved for abatements include:…

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