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GOED hears company expansion pitches from Citex, Dealer Tire, NeuroGum and Tensorwave; tax-abatement requests outlined

Nevada Governor's Office of Economic Development · May 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its May 8 board meeting, the Nevada Governor's Office of Economic Development heard director-level introductions from four companies seeking tax-abatement packages and announced projected capital investments and job counts for Nevada operations.

The Nevada Governor's Office of Economic Development board on May 8 heard presentations from four companies seeking director-level approvals and related tax-abatement packages, including details on planned investments, facility sizes and job projections.

Tom Burns, the agency director, opened the director-approval portion of the agenda and introduced Citex International Nevada (presenters identified as Mike Berruto and Parker Smythe). Company representatives said they acquired roughly a five-acre site in the Reno-Tahoe industrial area and are planning an approximately 80,000–82,000-square-foot facility. They told the board the company will invest nearly $15,000,000 in capital equipment over the first five years and expects to hire at least 10 employees at an average wage of $44.50 per hour.

He…

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