The importance of a diversified economy has never been clearer than in the aftermath of the COVID pandemic. Economic development agencies have an important role to play in bringing companies to Nevada and helping create that diversification. Recently, executives representing this industry met in a virtual roundtable, sponsored by City National Bank, to discuss these vital … [Read more...] about Industry Focus
Las Vegas Global Economic Alliance (LVGEA)
Economic Development in the Time of COVID-19Diversify, Grow, Survive or Thrive
“Before March 2020, Nevada led the country in producing new jobs,” said Jonas Peterson, president and CEO, Las Vegas Global Economic Alliance (LVGEA). “Our economic development plan was working, and our economy was consistently becoming more diverse.” Across the state, manufacturing, logistics, distribution, technology and healthcare sectors were growing. In February, Nevada’s … [Read more...] about Economic Development in the Time of COVID-19
New Certifications Will Help Employers Avoid Expensive Employee Turnover Costs
For the first time in Southern Nevada, six workforce development professionals from Workforce Connections, the Las Vegas Global Economic Alliance (LVGEA), and the Vegas Chamber are officially certified by the national organization ACT® as Job Profilers. This specialized and data-driven training will allow these professionals to help local employers hire the … [Read more...] about New Certifications Will Help Employers Avoid Expensive Employee Turnover Costs
Technology’s RoleIn Nevada’s Economy
A diverse economy is stronger than one based on only one or two industries. Traditionally, Nevada’s economic foundations have depended on mining and travel, tourism and hospitality. When the last recession hit even the hospitality industry, a serious move to diversify the economy began. “The biggest impetus that started everyone down the path of the new innovations and … [Read more...] about Technology’s Role
Adaptive TrainingWorkforce in Nevada
Numerous factors are contributing to today’s dynamics of workforce training in Nevada—the approach, the offerings and the delivery—which continue to evolve to meet the needs of employers and employees. The Silver State keeps creating jobs at a record pace, the fastest in the United States for the sixth consecutive month as of the end of March 2019. Then, the year-over-year … [Read more...] about Adaptive Training
Business Leaders Invited to Improve Educational Outcomes at Business + Education (BE) Engaged Summit 2016: Accelerating a New Nevada
LAS VEGAS – Leading Southern Nevada business organizations are coming together to commit time, talent, and resources in order to accelerate student achievement, and are asking local business owners and executive decision makers to join them in a one-of-a kind activation event: The Business + Education (BE) Engaged Conference 2016: Accelerating a New Nevada. The conference, to … [Read more...] about Business Leaders Invited to Improve Educational Outcomes at Business + Education (BE) Engaged Summit 2016: Accelerating a New Nevada
Welcome to Nevada: February 2016
Deceuninck North America A global organization specializing in PVC window and door systems and composites for the building industry, Deceuninck North America, broke ground on a new plant in Fernley last year. The plant is expected to open in the second quarter of 2016 and includes 150,000 square feet of extrusion, manufacturing, support, warehose and office space. Deceuninck … [Read more...] about Welcome to Nevada: February 2016
Economic Forecast 2016: Increasing Stability and Growth
According to analysts, Nevada’s economy will continue to show improvement in 2016, but with a few new wrinkles thrown in. Rising wages will mean more disposable income, which in turn boosts consumer spending. Job creation, described as the single best indicator of economic growth, is expected to add more than 52,000 workers to company payrolls this year, according to the Nevada … [Read more...] about Economic Forecast 2016: Increasing Stability and Growth
Around the State: June 2015
U.S. Trade and Development Agency Partners with Nevada Industry Excellence Nevada Industry Excellence (NIE), a resource for manufacturing businesses, has partnered with the U.S. Trade and Development Agency (USTDA) through the Making Global Local program. The program connects companies to USTDA’s export promotion programs. ArrowData Receives FAA Approval to Operate Drones for … [Read more...] about Around the State: June 2015
Building a Healthy Economy
Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare in technologically advanced but less expensive venues, from Mexico to Thailand and parts in between. Now the term is starting to come home, often referring to domestic travel of American citizens within U.S. borders, traveling to find the … [Read more...] about Building a Healthy Economy
Game Changers: Economic Development in Nevada
Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and … [Read more...] about Game Changers: Economic Development in Nevada
Go Anywhere From Here: Nevada’s Transportation System
When Tina Quigley became general manager of the Regional Transportation Commission of Southern Nevada (RTC) she and her team went promptly to talk with officials in metropolitan areas where they’ve created transportation plans that were both funded and built, and had community support behind them. The common message from leaders in those communities was that even a public … [Read more...] about Go Anywhere From Here: Nevada’s Transportation System
Officials Break Ground on Moapa Paiute Tribe Solar Project
The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power plant. The project is located on … [Read more...] about Officials Break Ground on Moapa Paiute Tribe Solar Project
Gordon Silver Honored as Pro Bono Firm of the Year
Gordon Silver Ltd. was selected as Southern Nevada's Pro Bono Firm of the Year. The award was part of the 13th Annual Pro Bono Awards Luncheon, put on by the Legal Aid Center of Southern Nevada earlier this month. The event honors community volunteers who donate time to assist low income clients with legal issues. “Gordon Silver has long been an active participant in … [Read more...] about Gordon Silver Honored as Pro Bono Firm of the Year
High-Income Households Face Uncertain Impacts from Healthcare Changes
Wealthy Nevadans are not exempt from healthcare uncertainty in the face of the Patient Protection and Affordable Care Act. This is according to the 11th installment of the "High Net Worth Report" released by The Private Bank by Nevada State Bank. One major impact will be a 0.9 percent increase in payroll taxes for those making $200,000 or more. Changing delivery systems and … [Read more...] about High-Income Households Face Uncertain Impacts from Healthcare Changes
LVGEA Sets Budget at $5.4 Million
The Las Vegas Global Economic Alliance (LVGEA) Executive Committee voted unanimously to endorse a $5.4 million budget. The budget will fund the alliance's strategy in developing the economies in the Las Vegas valley, as well as Boulder City and Mesquite. The strategy includes "imperatives" to lead economic development efforts in the region and promote Southern Nevada for … [Read more...] about LVGEA Sets Budget at $5.4 Million
LVGEA Efforts Making $1.5 Billion Impact on Southern Nevada
A total economic impact of more than $1.5 billion will be generated for Southern Nevada from start up, expansion and relocation assistance. This is according to a recent announcement made by the Las Vegas Global Economic Alliance (LVGEA). The organization and its regional economic development partners provided assistance to 62 businesses which will create 2,640 new jobs, … [Read more...] about LVGEA Efforts Making $1.5 Billion Impact on Southern Nevada
Nevada Economic Development Board Approves Incentives for Companies to Relocate or Expand in Southern Nevada
The Las Vegas Global Economic Alliance (LVGEA) recently announced the approval of a series of incentives for companies relocating or expanding in Southern Nevada. The Governor's Office of Economic Development Board approved incentives on July 11 for eBay, Barbour Well Inc., CSI PrePrint, LLC, SolarCity, BodyBuilding.com, Consumer Portfolio Services, Creative Tent … [Read more...] about Nevada Economic Development Board Approves Incentives for Companies to Relocate or Expand in Southern Nevada
Law Firm Helping Teens Take Stand Against Bullying
A Las Vegas law firm is challenging Southern Nevada teens to take a stand against bullying. The Richard Harris Law Firm recently invited currently enrolled high school students to compete in its fourth annual video public service announcement contest. Students are encouraged to creatively express true stories and life experiences to address the issue of bullying in … [Read more...] about Law Firm Helping Teens Take Stand Against Bullying