CARSON CITY, Nev. – The Nevada Governor’s Office of Economic Development has approved five companies that will receive $66,606,731 in tax abatements. In return, these companies are projected to create 152 jobs in the next two years at an average hourly wage of $29.72. That figure is expected to rise to 298 jobs in five years. Additionally, these companies will make a capital equipment investment of $1,039,838,428 and generate $308,224,623 in new tax revenues over the 10-year abatement period.
“Nevada remains dedicated to creating opportunities for business to thrive, and today’s approval is a testament to our proactive approach in attracting and retaining companies,” said Governor Joe Lombardo. “By supporting their growth, we are ensuring our state remains a hub for innovation and economic resilience.”
The companies, which are in Washoe and Clark counties, include:
Alliance North America dba ANA, Inc., a supplier of innovative technology solutions, plans to expand its existing 149,000-square-foot facility in Henderson, Nev. by another 200,000 square feet in the coming months. It was approved for $512,040 and is expected to create 136 jobs at an average hourly wage of $29.63 within five years. The company is expected to make $8.3 million in capital equipment investment in the first two years of operation and generate $12,950,463 in new taxes over the 10-year abatement period.
Apple, Inc., a multinational corporation and technology company headquartered in Cupertino, Calif., plans to expand its existing data center operations at the Reno Technology Park in Washoe County. It was approved for $62,153,275 in tax abatements and is expected to create 10 jobs at an average hourly wage of $32.51 within five years. The company will make $992,071,428 in capital equipment investment over ten years of operation and generate $279,235,319 in new taxes over the 10-year abatement period.
Mako Advanced Materials, an advanced materials company, seeks to expand its existing facility in Henderson, Nev., where it was founded in 2023. It was approved for $143,699 in tax abatements and is expected to create 24 jobs within five years at an average hourly wage of $32.46. The company will make $1,457,000 in capital equipment investment over ten years of operation and generate $1,756,962 in new taxes over the 10-year abatement period.
Weber Metals, an industrial company which produces forgings for the aerospace industry, plans to expand its existing facility in Verdi, Nev. The company was approved for $2,281,844 in tax abatements and is expected to create 27 jobs at an average hourly wage of $29.38 within five years. The company will make $23,990,000 in capital equipment investment and generate $3,726,982 in new taxes over the 10-year abatement period.
Universal Plastic Mold, which was founded in 1962, is planning to relocate from Southern California to Southern Nevada where it hopes to build a 100,000-square-foot facility in Clark County. The company was approved for $1,515,873 in tax abatements and is expected to create 101 jobs at an average hourly wage of $29.40 within five years. The company will make $14 million in capital equipment investment in the first two years of operation and generate $10,554,897 in new taxes over the 10-year abatement period.
The Las Vegas Global Economic Alliance and the Economic Development Authority of Western Nevada played pivotal roles in facilitating the abatements for the companies in Clark and Washoe counties respectively.