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