GOED board approves multiple tax abatements for expanding Nevada businesses
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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 that application.
Northern Nevada Development Authority business development coordinator Hayden Puneer and company representative Vishwath Shrini described PRTX's application for a 10‑year data‑center tax abatement. PRTX proposed a 100‑megawatt facility in Story County, representing roughly $300 million in capital investment and 14 full‑time jobs with an average wage of $54.29 per hour. Shrini told the board the site’s planned water use is about 60.5 acre‑feet annually (about 17 million gallons) and that the design includes an on‑site water‑treatment and recycling system expected to recycle roughly 13–14% of water used; he also cited an energy plan tied to phased power deliveries beginning in 2027 with Naval Energy collaboration. Josh Stevens moved to approve the abatement and the motion carried.
LVGEA representatives introduced WellSpun USA’s plan for a Southern Nevada textile facility, which officials said will represent a $5.15 million capital investment and create about 50 jobs with an average wage of $31.73 per hour. The board approved that application.
Other applicants presented under the director‑approval process, including DieselCore (doing business as BombShelter/DieselCore), FAC Inc. (Milo Live division), Paysign and Trident Enterprises International. DieselCore described a North Las Vegas facility with a near‑term projection of 20 jobs and modest capital investment; FAC and Milo Live described expanding Las Vegas operations to a larger Clark County facility; Paysign said it would add 245 jobs in Henderson with an average wage of $33.31 per hour; and Trident Enterprises presented a Story County distribution site expected to bring seven new jobs. Several director‑level applicants were introduced and received backing from regional development authorities; where a formal board vote is not transcribed the items were presented for director approval.
Board actions at a glance
- Approval of 08/07/2025 meeting minutes — motion made on the record and approved. - Idaho Asphalt Supply: sales tax, modified business tax and personal property tax abatement — approved; company reported $8.1M construction and 20 full‑time jobs. - PRTX I LLC (Peru Ridge) data center: 10‑year data‑center tax abatement and related abatements — approved; company cited $300M investment, 14 jobs, ~60.5 acre‑feet/year water use. - WellSpun USA: sales tax, MBT and personal property abatement — approved; company cited $5.15M investment, 50 jobs.
The board heard questions on timelines, financing and local impacts during each presentation. Where presenters reported environmental or utility numbers — for example the PRTX water‑use estimate and Paysign’s energy metric — board members requested follow‑up documentation. Several applicants indicated plans to work with local permitting authorities and development partners.
The meeting moved on after approvals to director‑level applications and the board later adjourned with no items carried over.
Ending: The GOED board’s approvals signal continued outreach to manufacturing, distribution and data‑center projects across Nevada; some applicants committed to follow‑up documentation on energy and water efficiency measures. The board adjourned after a final public‑comment call and closing motion.