Nine Abated Companies to Invest $264.3 Million and Generate $60.6 Million in New Tax Revenue in Nevada

WINN approves $636,637 for a Heavy Equipment & Diesel Technician Workforce Capacity Expansion at Truckee Meadows Community College

CARSON CITY, Nev. – The Nevada Governor’s Office of Economic Development (GOED) has approved $19,821,919 in tax abatements. In return, these companies are projected to create 534 jobs in the next five years at an average hourly wage of $42.46. Additionally, these companies will make a capital equipment investment of $186,945,544, generate $60,639,918 in new tax revenues over the 10-year abatement period, and $264,254,788 total capital investment to the state.

“More Nevadans will soon access high-paying jobs thanks to these new investments,” said Governor Lombardo. “My administration is dedicated to driving economic growth by breaking down barriers and providing companies with a clear path to expand here. With this approach, we will continue working toward lasting, sustainable economic strength.”…

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