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GOED board approves multiple tax abatements for expanding Nevada businesses
Summary
The Nevada Governor's Office of Economic Development board approved tax abatements for several companies — including a 100‑MW data center in Story County and manufacturing or distribution expansions across Clark, Churchill and Story counties — while hearing presentations about job counts, capital investments and water and energy plans.
The Nevada Governor's Office of Economic Development on Nov. 12 approved a slate of tax‑abatement applications for companies planning to expand or locate operations in the state, pledging incentives tied to job creation and capital investment.
The board approved abatement requests for an Idaho Asphalt Supply regional plant in Churchill County, a PRTX I LLC (Peru Ridge) 100‑megawatt data‑center project in Story County, and a Southern Nevada manufacturing facility for WellSpun USA, among other applications. Presenters described the anticipated capital investments, number of full‑time positions and steps taken to secure water and energy for operations.
The approvals were presented as part of the board's agenda item on abatement applications. Jim Barbee of the Churchill‑Fallon economic authority said Idaho Asphalt will invest about $8.1 million to build a regional plant and expects 20 full‑time jobs; company representatives said a realistic construction timeline is about 18 months to two years and that necessary water rights have been secured. The board voted to approve…
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