GOED BOARD VOTES TO APPROVE CREATION OF MORE THAN 1,000 JOBS
Las Vegas/Reno, NV (Sept. 19, 2017) – The Board of the Nevada Governor’s Office of Economic Development today voted to approve the applications for seven companies proposing the creation of more than 1,000 jobs and investing more than $47 million in Nevada.
“Nevada leads the nation in private-sector job creation and continues to break all-time records for employment thanks to the hard work of our business community and their faith in the Silver State,” said Governor Brian Sandoval. “The applications before the GOED board today clearly illustrate the increasing diversity of our economy and underscore Nevada’s desirability as a location of choice for starting, building and relocating growth-oriented businesses.”
The board also approved an additional $340,000 in funding for the Workforce Innovation for the New Nevada (WINN) program to train workers in advanced manufacturing skills.
Companies approved today by GOED Board:
Advanced Aviation Reno, Inc. – Washoe County: (Nine to 15 jobs and $5,428,498 in capital investment) Advanced Aviation Reno, Inc. is an aircraft maintenance shop and flight school, focusing on servicing piston aircraft. As it expands, the company intends to accommodate larger turbo-prop aircraft and light jets. The flight school offers introductory flight lessons to advanced certifications and biannual reviews. An FAA certified testing center will be added soon.
ERG Aerospace Corporate – Washoe County: (13 to 25 jobs and $9,129,000 in capital investment) ERG, the leading manufacturer of open celled metal foam, carbon foam, and ceramic foam materials, has manufactured cutting edge components for the aerospace, national defense, semiconductor manufacturing, biotech and other high technology industries. ERG currently has facilities in California and Sparks, Nevada. The company plans to relocate its current operations in Oakland, CA, to McCarran, NV and subsequently make Nevada its headquarters.
PODS Enterprises, LLC – Washoe County: (300+ jobs and $1,984,670 in capital investment) PODS Enterprises, LLC, or Portable On Demand Storage, is a moving and storage company. It was founded in 1998 and is based in Clearwater, FL. The company invented the concept of using portable containers for moving and storage. PODS is planning to locate a sales and service operation in Reno and plans to eventually grow its Nevada operation to an equal, if not larger, footprint than its current sales and service operations site in Clearwater.
PRA Group, Inc. – Clark County: (150 to 330 jobs and $1,874,700 in capital investment) PRA Group, Inc. is a global leader in acquiring and collecting non-performing loans. Its primary business is the purchase, collection, and management of portfolios on non-performing loans that have been charged-off by the credit grantor. Its common stock began trading on the NASDAQ Global Select Market in 2002. PRA Group is seeking to locate a new 25,000 to 30,000 square-foot call center facility in Henderson.
Virtual Guard, Inc. – Clark County: (80 to 125 jobs and $355,402 in capital investment) Virtual Guard, Inc. is a video monitoring company and leading developer and integrator of cutting edge technology in the perimeter security sector. Its solutions have been verified by national testing laboratories and are being used throughout the United States and Canada. Virtual Guard is considering relocating from Los Angeles to southern Nevada. The relocation would include the company's interactive command and control center, and entire headquarters.
Xtreme Manufacturing, LLC – Clark County: (200+ jobs and 18,426,000 in capital investment) Xtreme Manufacturing, LLC is a leading manufacturer of heavy equipment and construction machinery including lifts, loaders, and telehandlers based in Henderson, which is home to its engineering, fabrication and assembly departments. The company was founded in in 2003 and now offers the largest product line in North America, which is designed, fabricated, and assembled in the USA. In 2013, the company became the majority shareholder in Snorkel, a global aerial work platform manufacturer, which has manufacturing facilities in the U.S., U.K. and New Zealand, as well as a global sales distribution network. Xtreme Manufacturing is considering consolidating fabrication operations into one location in Henderson. The proposed project will consist of the construction of a brand new 79,000 square-foot building at the company's existing Henderson campus.
Tissue Life, LLC – Clark County: (16 to 20 jobs and $7,809,820 in capital investment) Tissue Life, LLC is a joint venture between a private American investment firm and a private Australian biotechnology company. The company's mission is to improve clinical outcomes of patients who suffer from injured, diseased or degenerative orthopedic conditions through musculoskeletal cell and tissue donation. Tissue Life is considering opening its first U.S. operation in southern Nevada. The project will have a significant construction component and the company plans to source all architectural, engineering, and general contractors from southern Nevada. Tissue Life also plans to build a biosciences community with help from local academic institutions and business owners as well as healthcare providers, insurance carriers, and physicians.
About the Governor’s Office of Economic Development:
Created during the 2011 session of the Nevada Legislature, the Governor’s Office of Economic Development 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.