Dermody Properties

When businessman John Dermody accepted the Nevada franchise for the Philco Appliance Company and relocated his family to Reno in 1950, little did anyone suspect that this move would be the catalyst that created a successful industrial development company, Dermody Properties. Appliances after World War II were like cell phones are today… consumers couldn’t get… [More...]

The Survivors: Builders and Developers in Nevada

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The economic downturn in 2007 left both residential and commercial developers and builders in the Silver State scrambling for work. Many were forced to downsize their staffs, and some even closed their doors. “Since 2008, the development business has been a fraction of what it was,” said Doug Kiersey, president of Dermody Properties, a Reno-based… [More...]

The Logistics of Economic Recovery: The Distribution Industry in Nevada

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That big-box warehouse down the street may not be the prettiest feature of the Nevada landscape surrounding you, but next time you’re driving past it, consider this: It, and other facilities like it, might just save the state’s struggling economy. Nevada is poised to become a major distribution center in the West. According to a… [More...]

2012 Most Respected CEOs

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A leader, a mentor or a boss. Whatever other name you give a CEO, whether or not they’re respected by their employees is an essential part of the make-up of any organization. Respect can make the difference between success and failure for any company and the man or woman in charge is the one responsible… [More...]

Economic Development: The New Plan

Revenue – money flowing in – is the life’s blood of any household, business or organization. For the state of Nevada, revenue forecasts for 2012 and beyond are mostly positive… but continue to hinge on a variety of factors close to home and half a world away. Progress is being made on a number of… [More...]