Nevada capital investment will increase by an additional $200 million after the state approved tax abatements for nine companies.
The Board of the Governor’s Office of Economic Development announced last week the abatements would also create 330 jobs initially. The approved companies include Performance Pipe, Fab Fulfillment Corp, GreatCall, Inc., Hamilton Company, MBT Repair, PPG Industries, Inc., Schwabe North America, St. Joseph Health System, and Switch, Inc.
“Some of these companies were recruited by other states and cities, but ultimately chose Nevada,” Nevada Governor Brian Sandoval said. “The hundreds of jobs created by these companies will put Nevadans to work and continue to diversify our economy. It’s a win-win for all Nevadans.”
“Nevada’s commitment to economic development is resulting in real jobs for Nevadans,” said Steve Hill, Director of the Governor’s Office of Economic Development. “Over the last several months, the number of high-caliber jobs that are resulting from companies relocating to Nevada or expanding within our state has continued to increase, and our economy is feeling the positive impact from this.