FOR IMMEDIATE RELEASE
Contact: Jennifer Cooper, email@example.com (702) 486-2709
Communications Director, Nevada Governor’s Office of Economic Development
GOED Approves Round of Abatements at March Board Meeting
These abatements will drive job creation and investment in the State of Nevada
LAS VEGAS, NV (March 28, 2016) –Nevada is working to help businesses expand their operations and put more Nevadans to work.
At the March Nevada Governor’s Office of Economic Development board meeting, GOED’s board approved a round of tax abatements that will help create jobs throughout the Silver State, to the tune of 328 new positions. Among the companies that received approvals are ITS Logistics LLC, Mary’s Gone Crackers Inc., Cristek Interconnects Inc., ProThera Inc., and Samba TV. These five companies received approvals for tax abatements totaling about $2.9 million.
“GOED is proud to be able to help companies expand their operations in our state, providing more opportunities for our residents and further diversifying our economy,” said GOED Director Steve Hill.
Among the companies that received tax abatement approval is ITS Logistics, a Sparks-based third-party logistics company that helps other organizations distribute goods globally. The abatement will help grow their facility to 630,000 square feet and hire 55 new people, paying an average wage of $21.49 per hour. Another company, Mary’s Gone Crackers, is a manufacturer and distributor of organic, gluten-free crackers, cookies and snacks in North America. This abatement will allow the company to relocate its manufacturing and corporate headquarters to Nevada, creating 220 jobs at an average wage of $21.03 within the first two years of their relocation.
Cristek Interconnects, located in Minden, has plans of hiring 8 new employees at $22.50 per hour to work in the cable, harness and complex electromechanical assembly manufacturer. ProThera, a nutritionally focused healthcare company, has plans to hire 25 people at an average wage of $23.12 an hour. Finally, Samba TV, based in Carson City, is a Smart TV apps publishing and Smart TV advertising company that plans to hire an additional 30 employees in the next 5 years at an average wage of $60 an hour. The abatements were a critical factor in each of these companies’ decisions in deciding whether to expand in or relocate their operations to Nevada.
About the Governor’s Office of Economic Development:
Created during the 2011 session of the Nevada Legislature, the Governor’s Office of Economic Development (GOED) is the result of a collaborative effort between the Nevada Legislature and Governor Brian Sandoval to restructure economic development in the state. GOED’s role is to promote a robust, diversified and prosperous economy in Nevada, to stimulate business expansion and retention, encourage entrepreneurial enterprise, attract new businesses and facilitate community development. More information on the Governor’s Office of Economic Development can be viewed at www.diversifynevada.com .