Nevada’s Infrastructure Hurting Quality of Life The American Society of Civil Engineers (ASCE) Nevada Section recently released the 2007 Nevada Infrastructure Report Card assigning a cumulative grade of C to the state’s roads, airports, drinking water systems and other essential public works. The 2007 Nevada Infrastructure Report Card assesses eight infrastructure categories. … [Read more...]

$101 Million Invested in Nevada to Create Jobs Lt. Governor Brian K. Krolicki recently announced that two expanding companies will invest more than $101 million in the state and create 58 new jobs, each with an hourly wage above the state average. The Pepsi Bottling Group, LLC, which will invest more than $101 million in the state by building a 427,000-square-foot … [Read more...]

Silver State Bank ExpandsThrough Bank Acquisition Silver State Bank recently expanded its services to offer residential loan programs to new and existing customers. Silver State Bancorp, the holding company for Silver State Bank, closed acquisition of Choice Bank in Scottsdale, Ariz., in September of 2006. The acquisition and the increase in small businesses opening in Nevada … [Read more...]

COT Signs Friendship Agreements with ThreeChinese Provinces Nevada Commission on Tourism (NCOT) recently signed tourism friendship agreements with three Chinese provinces while in China for the recent China International Travel Mart, the largest international tourism trade show in Asia. NCOT now has friendship agreements with seven Chinese provinces, the most of any U.S. … [Read more...]

Bank Receives Permission to Organize Service1st Bank of Nevada has received “Permission to Organize” by the State of Nevada Financial Institutions Division. This step in the formation process allows bank organizers to accept stock subscriptions. Service1st expects to raise initial capital of $50 million, making it Nevada’s first “super-start-up bank.” The stock will be sold … [Read more...]

World Jewelry Center Announced Probity International Corporation recently unveiled plans for one of the largest jewelry industry projects in the world: the 1 million-square-foot World Jewelry Center. The project is located on approximately 5.4 acres near downtown Las Vegas in the master-planned Las Vegas Union Park development adjacent to the World Market Center, which serves … [Read more...]

Nevada Hospitals Recognized for Quality Care At a recent meeting of the Nevada Hospital Association, HealthInsight, the Medicare Quality Improvement Organization (QIO) for Nevada and Utah, announced two Nevada hospitals as recipients of the 2006 HealthInsight Quality Award. The hospitals were selected for demonstrating high-quality healthcare and excellence in performance on … [Read more...]

 Jared Opens Henderson Location Sterling Jewelers Inc. has opened its second Jared The Galleria of Jewelry superstore in Southern Nevada. The new store, located in the Eastgate Power Center in Henderson, offers a selection of over 7,000 jewelry items in addition to an on-site, full-service jewelry repair center, a children’s play area and a refreshment area for customers. … [Read more...]

Henderson Executive Airport Expanded Clark & Sullivan Constructors recently completed a $23 million expansion project at the Henderson Executive Airport for the Clark County Department of Aviation. The general aviation facility has a new stand-alone control tower and a 24,000-square-foot terminal designed to serve high-end customers. In addition, two parallel runways were … [Read more...]

Real Estate Companies Merge The principals of Coldwell Banker Village Realty/Incline Village Realty and Tanager Realty recently announced the merger of the two companies. The new firm will be known as Coldwell Banker Incline Village Realty/Tanager. The 2006 sales of the two companies in Incline Village and Crystal Bay total more than all major competitors combined, per MLS … [Read more...]

Water District Generates Solar Power The Las Vegas Valley Water District (LVVWD) recently dedicated a solar array system at the Ronzone Reservoir and pumping station in northwest Las Vegas. The LVVWD Board of Directors approved a $22.6 million contract in 2004 to develop and construct six solar array systems to provide 3.1 megawatts of electricity, which will be utilized … [Read more...]

SBA Announces Nevada Winners The Nevada district office of the U.S. Small Business Administration (SBA) recently named the winners of its small business awards for 2006. Michael Micone, president and owner of Accountants Inc., was named SBA’s Small Business Person of the Year for the State of Nevada. Accountants Inc., which provides staffing solutions for accounting and … [Read more...]

Environmental Clean-up at BMI The Basic Magnesium Inc. property will undergo environmental clean-up efforts as part of a consent agreement between the state and current and former BMI landowners and business operators. The clean-up will be performed on the common areas of the BMI Complex, located in both the city of Henderson and within unincorporated areas of Clark County. … [Read more...]

AES Industries Locates in Wabuska AES Industries has purchased a vacant 63,000-square-foot plastics manufacturing plant in Wabuska, and will manufacture and distribute frames and supports for roof-mounted HVAC systems. The facility will bring 50 to 75 new jobs to this community just north of Yerington, which will have a significant economic impact for Mason Valley and Lyon … [Read more...]

Nevada Film Office Reports Revenues Lieutenant Governor Lorraine Hunt, Chair of the Nevada Commission on Economic Development, which oversees the Nevada Film Office, recently announced that revenues for calendar year 2005 reached approximately $102.5 million, which continues a six-year trend for Nevada of exceeding the $100 million mark. Television series, specials, reality … [Read more...]

Commission on Tourism Approves Grants The Nevada Commission on Tourism (NCOT) approved $700,000 in grants to help rural communities promote attractions and events for visitors. Grants help communities improve Web sites, buy advertising, create promotional materials, improve tourism trade-shows and obtain services to develop visitor attractions. The Rural Grant Program began in … [Read more...]

Nevada Businesses Receive Tourism Awards The Saddle West Hotel, Casino and RV Resort in Pahrump was among 33 recipients of 2005 Tourism Development Awards, given by the Nevada Commission on Tourism for enhancing local visitor attractions and amenities. The rural resort organized a Wild West festival that drew 5,000 visitors to Pahrump. Among winners in other areas of the … [Read more...]

Solar Thermal Plant Slated for Boulder City A solar thermal power plant is being built near Boulder City by solar power giant Schott. It is expected to provide power in 2007, according to Steve Russo, head of Schott’s Solar Thermal North American business. The plant will meet the energy demands of about 40,000 households, while reducing greenhouse emissions. "The reduction of … [Read more...]

Elko County Developing Transloading Facility A ceremonial groundbreaking was held recently for a new commercial development east of Elko on 1,000 acres of land purchased by Elko County. The county is developing a transloading facility on the site, where materials can be transferred between rail, truck and air carriers. The 2005 Nevada Legislature granted the county $500,000 … [Read more...]

EDAWN Reports Record Companies and Jobs For the second consecutive year the Economic Development Authority of Western Nevada (EDAWN) has reported a record number of new and expanding companies, representing an economic impact of nearly $267 million to the region during the fiscal year ending June 30, 2005. The 40 companies that moved to or expanded in Northern Nevada is double … [Read more...]