For nearly 18 years, James V. Bradham, Claudine Williams and Kathy Maynor worked together at the American Bank of Commerce. After the bank was purchased in 1997, the trio saw a unique business opportunity. With almost 90years of banking experience between them, they recognized the need to service a rapidly growing customer base throughout Southern Nevada: the small to mid-sized … [Read more...] about Nevada Commerce Bank: Controlled Growth Brings Success
Archives for August 2005
August 2005: Building Nevada Briefs
Perini Selected for Project CityCenter MGM MIRAGE has awarded Perini Building Company a $3 billion construction contract to build a major portion of Project CityCenter, one of the largest construction programs currently underway in the United States. The multi-billion dollar mixed-use urban complex is located on 66 acres between the Bellagio and Monte Carlo casino resorts in … [Read more...] about August 2005: Building Nevada Briefs
Nevada’s Industrial Market: Geared for Success
Nevada’s explosive population growth, robust economy and attractive business climate, which includes no franchise, corporate income or capital gains taxes, continue to attract industrial users to the state. Unemployment decreased to 4 percent in the first quarter as industrial-related jobs grew by 12.6 percent, adding 19,200 new positions. Industrial Projects Abound in … [Read more...] about Nevada’s Industrial Market: Geared for Success
Olympia Land Corporation: Diversifying Development Opportunities
For the past three decades, Garry Goett has been one of Nevada’s most prominent developers, transforming raw parcels of land into some of the state’s most sought-after addresses. Communities such as Southern Highlands and the accompanying Southern Highlands Golf Club, both located in Las Vegas, and an upcoming master-planned development in Lincoln County are all products of … [Read more...] about Olympia Land Corporation: Diversifying Development Opportunities
August 2005: Business Indicators
Nevada’s economy continues to outperform the U.S. economy. U.S. job growth, picking up recently, is still growing at a modest rate, up 1.5 percent year-over-year for the month of April. The Silver State, on the other hand, continues to create jobs, up a robust 6.6 percent measured annually over the same April-to-April period. In short, the better than 5 percent difference … [Read more...] about August 2005: Business Indicators
August 2005: Business Up Front
"Data Data Everywhere" on Used Hard Disks Every day on eBay, over 10,000 hard disks are auctioned off to the highest bidder. When O & O Software purchased 200 used hard disks on eBay and scanned them for existing data, it discovered some sort of personal or business data on 70 percent of them. Results of this test are contained in an O & O study entitled "Data Data … [Read more...] about August 2005: Business Up Front
Eminent Domain: Is Anyone’s Property Safe?
"…nor shall private property be taken for public use, without just compensation." Fifth Amendment to the U.S. Constitution "If people had a clear idea of what this ruling means and how it could affect them, they would riot." Attorney Kermitt L. Waters The city government of New London, Conn. faced a problem shared by many cities: residents and businesses were … [Read more...] about Eminent Domain: Is Anyone’s Property Safe?
United Way of the Great Basin
United Way of the Great Basin (UWGB) is a non-profit organization that has been serving Northern Nevada communities for the past eight years. In that time UWGB has focused on making positive, lasting changes in the community each year and providing local programs and services for those in need. UWGB collaborates with many other organizations, including local non-profit … [Read more...] about United Way of the Great Basin
Employee Turnover: Pay Now or Pay Later
How much turnover is too much? Depending on an organization’s location and industry, its turnover rate can be anywhere from 5 percent to over 100 percent. Determining the causes of turnover is critical. If the company does formal exit interviews or asks informally, people often say they are leaving for more money. Because few people leave for less money, the next question … [Read more...] about Employee Turnover: Pay Now or Pay Later
August 2005: Face to Face
Name Elaine Barkdull Title Executive Director Company Elko County Economic Diversification Authority (ECEDA) Type of Business Non-profit economic development organization representing Elko County, Elko, Wells, Carlin and private industries Location Elko Years in Nevada 28 Years with Company: 1 Biggest Business Challenge: Rural Nevada is not quite on … [Read more...] about August 2005: Face to Face
The Race for Governor: Contenders Jostle for Position
If the 2005 legislative session showed us anything about next year’s race for governor of Nevada, it is that the race to succeed Kenny Guinn is more in flux than ever. Before the Legislature, the gubernatorial field was rather solid: Congressman Jim Gibbons on the Republican side and Assembly Speaker Richard Perkins on the Democratic side. At the time, most experts believed … [Read more...] about The Race for Governor: Contenders Jostle for Position
New Bankruptcy Law: IRAs Now Have Greater Protection
Richard and Betty Jo Rousey of Berryville, Ark. probably share a lot in common with many couples who have relocated to Nevada over the past years. Both worked for a large company in another state before relocating to their current home. When Richard and Betty Jo left Los Angeles and the large defense contractor with whom they were employed, they were required to take a lump sum … [Read more...] about New Bankruptcy Law: IRAs Now Have Greater Protection
August 2005: Nevada Briefs
Strong Nevada Job Market Predicted Nevada employers expect to hire at a vigorous pace during the third quarter of 2005, according to the "Manpower Employment Outlook Survey" recently released by the employment services firm Manpower Inc. National results reveal that U.S. employers expect the third quarter to show a continuation of the stable hiring pattern they have reported … [Read more...] about August 2005: Nevada Briefs
Succeeding Together: Nevada Businesses Embrace Diversity
In the ever-changing Nevada business scene, companies are finally acknowledging shifting demographics and the vital role of ethnic diversity in their business strategies. "Corporations have realized minority business is important to the fabric of our state," said Dianne Fontes, president of the Nevada Minority Business Council, which helps mentor minority business people and … [Read more...] about Succeeding Together: Nevada Businesses Embrace Diversity
Legally Speaking: A Look at the Legal Profession in Nevada
New residents and businesses are moving to Nevada daily. With the influx comes the need for more services of every description, including legal assistance. Yet the fastest-growing state in the country boasts only about 6,000 lawyers. That means plenty of work for existing Nevada law firms, as well as interest from regional and national firms looking our way. Despite the … [Read more...] about Legally Speaking: A Look at the Legal Profession in Nevada