Sand Reaches Agreement to Sell Las Vegas Property Las Vegas Sands Corp. has entered into definitive agreements to sell its Las Vegas real property and operations for approximately $6.25 billion. The Venetian Resort Las Vegas and the Sands Expo and Convention Center are both part of the agreement. Under the terms of the agreement, an affiliate of funds managed by Apollo Global … [Read more...] about Around the State
Governor's Office of Economic Development
Industry Focus: Mining
Outside of the rural communities, most Nevadans don’t understand the industry of mining, even though it accounts for a large amount of the state’s economy. Executives from mining organizations throughout the state recently met at the Reno offices of City National Bank to discuss their industry and dispel some of the common myths about miners. Connie Brennan, publisher and … [Read more...] about Industry Focus: Mining
Taking Nevada to the World: Globalization and Nevada’s Place in the International Market
Dublin, Ireland, Santiago, Chile, Poland and Germany are just some of the places you can buy Nevada-made items. Nevada products aren’t just for Nevadans anymore and Nevada companies aren’t just thinking local – they’re taking their products around the world. At the same time, foreign companies are looking to operate in Nevada, bringing new jobs to the state. “Nevada … [Read more...] about Taking Nevada to the World: Globalization and Nevada’s Place in the International Market
Slow & Steady: Economic Development in Rural Nevada
From McDermitt and Montello in the north to Laughlin in the south, Nevada’s rural cities struggle to foster economic development but desperately need it. Each locale differs, in terms of primary economic sectors, natural assets and location for instance. However, common themes have been for some, and continue to be for others, dilapidated downtowns, struggling businesses and … [Read more...] about Slow & Steady: Economic Development in Rural Nevada
City of Henderson: City of the Future
At a time when technology makes daily leaps from innovation to reality, it’s people and the companies they form that bring the awe factor to life. In Henderson, both innovations and innovators are celebrated and cultivated, from the entrepreneurial spirit of downtown Henderson to the city being home to nationwide firsts. It’s people that transform a city into a City of the … [Read more...] about City of Henderson: City of the Future
Applied Analysis Announces Staff Promotions and Additions Heading into 2017
Three Senior Analyst Promotions and New Recruiting Class Las Vegas - Applied Analysis, a leading advisory services firm, announced the company has promoted three of its Analysts to Senior Analyst positions. Senior Analysts generally have at least two years of work experience within the firm and demonstrate their ability to take on senior roles on a wide range of client … [Read more...] about Applied Analysis Announces Staff Promotions and Additions Heading into 2017
Are We There Yet? Nevada Roadways
Five topics are currently driving conversations about transportation in Nevada: new funding, new roads, new modes of transportation, new technology and orange cones. No discussion of transportation is complete without orange cones. Conversations aren’t always friendly, but they do allow information to flow on why cones are out there and which transportation agency is trying … [Read more...] about Are We There Yet? Nevada Roadways
Lauren Silverstein Joins Public Relations & Public Affairs Firm, The Ferraro Group
(Las Vegas) – The Ferraro Group, a public relations and public affairs firm, recently hired Lauren Silverstein as a Senior Account Executive. In her new position, Silverstein’s responsibilities will include overseeing public relations activities, creating strategic public relations plans, and developing and overseeing social media and community outreach campaigns. She will … [Read more...] about Lauren Silverstein Joins Public Relations & Public Affairs Firm, The Ferraro Group
Rural Nevada: All Boom No Bust
The price of gold has been hovering around $1,300 an ounce lately, down more than 25 percent from its peak of over $1,800 in 2011. In times past, that would have been a sure signal for the bottom to fall out of the economy in many of Nevada’s rural counties, for which the boom-and-bust cycles of the mining business come as regularly as a spectacular desert sunrise. But, … [Read more...] about Rural Nevada: All Boom No Bust
Lt. Gov. Hutchison, Switch Executive to Speak at Valley Electric Association Annual Meeting
Community members invited to VEA’s largest event of the year PAHRUMP – Lt. Gov. Mark Hutchison will be the keynote speaker at Valley Electric Association’s 2016 Annual Meeting, April 23, at Pahrump Valley High School. Hutchison will give VEA member-owners an economic update of Nevada. Also speaking will be Jason Mendenhall, executive vice president of Cloud at Switch. … [Read more...] about Lt. Gov. Hutchison, Switch Executive to Speak at Valley Electric Association Annual Meeting
Industry Focus: Economic Development
Economic development continues to be an important priority for the Silver State. Many factors go into diversification including incentives for businesses, education and workforce training. And, while strides have been made in attracting new industries to the state, there is still a long way to go. Recently, leaders of economic development met at the Las Vegas office of City … [Read more...] about Industry Focus: Economic Development
Rachel Wright Joins The Ferraro Group
Reno – The Ferraro Group, a public relations and public affairs firm with offices in Reno, Carson City, Las Vegas, and Phoenix, has hired Rachel Wright as a public relations account executive. In her new position, Wright will be responsible for public relations and social media efforts for both local and statewide clients. She will be working with various accounts, including … [Read more...] about Rachel Wright Joins The Ferraro Group
Tenth Annual Healthcare Heroes
Legacy Celebrating its 10th year, Healthcare Heroes began with the dual goal of honoring individuals that excel in healthcare and helping fund scholorships for Nevada’s future healthcare educators. After realizing there wasn’t a program in place to honor individuals that have done amazing things to propel healthcare in the Silver State, Healthcare Heroes was born with 10 … [Read more...] about Tenth Annual Healthcare Heroes
A Developing State: Growing Economy Encourages New Projects
As Nevada’s economy picks up the pace, businesses are returning to Nevada and Nevada is returning to business – mostly. In Southern Nevada there’s no real wage growth, gaming revenues are down, home sales are slowing. At the same time, industrial property vacancies are dropping, flex space rents are low but flex spaces themselves are filling, and big box industrial space is … [Read more...] about A Developing State: Growing Economy Encourages New Projects
A Future of Change: Economic Development
Nevada, because of its narrow focus on three industries, was devastated by the recession and eventually led the nation in foreclosures and unemployment. As both the director of the Governor’s Office of Economic Development (GOED) and a resident of Nevada, Steve Hill believes there is a rising wave of economic development diversifying an outdated and vulnerable economy built on … [Read more...] about A Future of Change: Economic Development
Connecting the Dots: Nevada’s Place in the Global Economy
Ninety-six percent of the world’s population lives outside the U.S. Yet only 1 percent of American businesses export their products and services. In countries like Germany and Japan, some 40 to 60 percent of GDP is in export. Still, our 1 percent translates to trillions of dollars coming into the U.S. economy, according to Randy Innis, chair, Nevada District Export … [Read more...] about Connecting the Dots: Nevada’s Place in the Global Economy
Builders and Developers: Bullish on Nevada
Nevada’s skyline is once again changing. Commercial real estate, which saw many projects stalled mid-recession, is finally moving: contractors are hiring and builders are returning. But is there activity across the board in all industry sectors – industrial, office, retail, mixed-use – or are some moving faster than others? Does it spell recovery? Or another boom and bust … [Read more...] about Builders and Developers: Bullish on Nevada
Industry Focus: Education
From kindergarten to college graduation, Nevada’s education system has overcome a multitude of hurdles in recent years. Even so, the system still has a long way to go. Coming together to discuss issues Nevada faces in regards to education, a combination of business leaders, economic development resources and leaders in education recently met at the Las Vegas offices of Cox … [Read more...] about Industry Focus: Education
Finding our Niche: Distribution Centers in Nevada
In an effort to diversify Nevada’s economy away from over reliance on travel and tourism, hospitality and gaming, economic development authorities throughout the state continue to work to find the perfect industries for Nevada’s business-friendly tax climate, wide-open spaces, multi-modal transportation systems and easy access to the 11 western states. In 2011, the … [Read more...] about Finding our Niche: Distribution Centers in Nevada
Industry Focus: Alternative Energy
Nevada’s alternative energy sector has seen a plethora of hills and valleys in recent years. From federal funding challenges to educating the general populace about alternative energy, the sector has seen its share of challenges. Recently, executives representing various alternative energy interests throughout the state met at the Reno offices of City National Bank to discuss … [Read more...] about Industry Focus: Alternative Energy