GOED board approves tax abatements for multiple companies, including proposed 100‑MW data center
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Summary
The Nevada GOED board approved tax‑abatement applications for several companies, including a proposed 100‑megawatt PRTX data center in Story County (projected $300 million investment) and expansions by WellSpun USA, Paysign, DieselCore, FAC Inc., Idaho Asphalt Supply and Trident Enterprises. Votes were taken by voice and motions carried.
The Nevada Governor's Office of Economic Development board approved a slate of tax‑abatement applications Wednesday, clearing incentives for seven companies that said they plan to expand or locate new facilities in Nevada.
The largest proposal came from PRTX 1 LLC, a planned 100‑megawatt data‑center project in Story County that NDA representatives said would represent a $300,000,000 capital investment and employ 14 full‑time workers at an average wage of $54.29 per hour. Hayden Puneer, business development coordinator for the Northern Nevada Development Authority, told the board: “This facility will employ 14 full time staff members with an average wage of $54.29 per hour and represent a capital investment of $300,000,000.” Company representative Vishwath Shrini described the site plan as a “100 megawatt data center” and estimated the facility’s annual water use at about 60.5 acre‑feet — roughly 17,000,000 gallons per year — with a planned on‑site water‑treatment and recycling system that will recycle an estimated 13–14% of its process water.
Board members asked follow‑up questions about water and energy sourcing; Shrini said the project is coordinating with Naval Energy and anticipates first power delivery in 2027.
Other approvals included:
- Idaho Asphalt Supply: Company representatives said the $8,100,000 construction project in Churchill County will create 20 full‑time jobs supplying asphalt and related products regionally. Jim Barbee of the Churchill Fallon Economic Development Authority presented the application and addressed construction and water questions.
- WellSpun USA: Emma Kasserich of the Las Vegas Global Economic Alliance introduced WellSpun USA’s plan for a Southern Nevada light‑manufacturing facility, citing a $5,150,000 capital investment and 50 jobs averaging $31.73 per hour.
- DieselCore (BombShelter Diesel Supply): Clarissa Castillo (LVGEA) presented DieselCore’s proposal for a North Las Vegas operation with a $1,220,000 investment and 20 near‑term jobs; CEO Justin Greenberg said the company expects to add more positions over a 10‑year horizon.
- FAC Inc. (doing business as Milo Live): FAC presented plans to consolidate Las Vegas operations into an 85,000‑square‑foot facility, representing about $1,530,000 in capital investment and an initial plan for 10 new skilled jobs.
- Paysign: The financial‑technology firm told the board it will expand operations in Henderson with 245 new jobs and an average wage of $33.31 per hour; company representatives noted recent relocation into a new Henderson facility with room to grow.
- Trident Enterprises International: The distributor — newly designated a woman‑owned small business — proposed a Story County distribution location with a nearly $400,000 capital investment and seven jobs.
Each item was moved and approved by voice vote during the meeting; board members signaled approval with verbal “ayes.” The record shows motions were made and seconded for each abatement and each motion passed.
Why it matters: GOED incentives are intended to encourage capital investment and job creation by lowering near‑term tax costs for selected projects. The approvals include projects in both Northern and Southern Nevada and span manufacturing, logistics, fintech and data‑center development, indicating the agency’s continued focus on diversification.
Next steps: Projects approved by the board still must complete any remaining local permitting and financing steps described by company representatives. The board adjourned after a second public‑comment period with no speakers.