BOARD APPROVES 2 COMPANIES, PRAISES DEPARTING DIRECTOR HILL
LAS VEGAS/RENO, NV (Jan. 18, 2017) – Today, during the board meeting of the Nevada Governor’s Office of Economic Development, the members approved two businesses, one each in Northern and Southern Nevada, which will bring 37 news jobs and nearly $29 million in capital investments to the state. The board also honored long-time GOED Executive Director Steve Hill, who this week wraps up his six-year tenure with the agency, and welcomed his successor Paul Anderson.
“I’ve said this over and over again around Nevada when we’ve held events such as this week’s Apple groundbreaking in Reno, where they will invest another billion dollars, this would not be possible without Steve Hill’s leadership. It was a privilege to be able to work with someone of Steve’s caliber to transform the state. And the fact these announcements by major tech companies who create jobs in Nevada are now a regular occurrence here is a tribute to Steve and his hard work. I thank you for your leadership,” said Governor Brian Sandoval.
“Incoming GOED director Paul Anderson is an accomplished businessman, a proven leader, and was a widely respected and successful legislative partner in fostering Nevada’s economic growth. He will play a vital role in continuing to move Nevada’s economy forward and we are very fortunate to have him join GOED,” said Governor Sandoval.
Hill was appointed executive director of GOED in October of 2011 and guided the development of “Moving Nevada Forward” – the plan for diversifying the state’s economy. He played an integral role in bringing such businesses as Tesla, Apple, Solar City, Barclaycard, Amazon and Hyperloop, among others, to Nevada, helping the state emerge from the depths of the recession to leading the nation in private-sector job growth.
Under his direction, GOED ushered in unmanned aircraft systems and autonomous vehicles as economic development opportunities. Hill created numerous other economic development programs including the Knowledge Fund, Workforce Innovations for the New Nevada Fund, and Battle Born Venture Fund, to the benefit of education, workforce development, and business incubation in Nevada. He will continue to serve as chairman of the Clark County Stadium Authority and will take on a new role with the Las Vegas Convention and Visitors Authority.
Elected to three terms in the Nevada Assembly, Paul Anderson was chosen majority leader in his second term and helped guide the legislature through one of the most productive sessions in Nevada history. In the assembly, Anderson worked to pass major economic and education reforms into law, including during the special sessions for the Tesla Gigafactory, the Apex Industrial Park, and the Las Vegas stadium and convention center. The passage of forward-looking regulations for autonomous vehicles and unmanned aerial systems helped put Nevada at the forefront of those growing industries.
Companies approved today by GOED Board:
Sofidel America Corp – Clark County: (27 jobs and $26,018,785 in capital investment) Sofidel America Corp. is a subsidiary of the Sofidel Group, the sixth-largest tissue producer in the world, which employs more than 5,000 people and produces more than one million metric tons per year of tissue paper. The company’s clients include hotels, restaurants, the cleaning sector, service stations, office buildings, and private consumers. The company is seeking to expand operations in Clark County that would increase its facility from 213,378 square feet to 546,480 square feet, transfer existing production lines, add three new state of the art production lines and employ operations, warehousing, distribution, and support staff. This would be the second time the company has expanded in Nevada.
U.S. Ordnance – Storey County: (10 jobs and $2,844,645 in capital investment) Founded in Nevada in 1997, U.S. Ordnance manufactures small arms and machine guns for all branches of the U.S. Department of Defense and approximately 32 allied nations. The company also provides training services for machine gun operators and armorers. The company recycles all materials it uses, including aluminum and steel, and ships its used oil and coolant to a company where it is reconditioned and reused. Due to increased product demand from new and existing customers, U.S. Ordnance looks to expand production capability at its existing 100,000 square foot facility in the Tahoe Reno Industrial Center. The decision to expand in McCarran is due to multiple factors including the business tax structure, cost of living, quality of life, and business-friendly climate in Nevada. In 2017, the company signed its largest contract in 20 years of business and secured another multi-year U.S. Department of Defense contract valid until 2023.
About the Governor’s Office of Economic Development
Created during the 2011 session of the Nevada Legislature, the Governor’s Office of Economic Development is the result of a collaborative effort between the Nevada Legislature and Governor Brian Sandoval to restructure economic development in the state. GOED’s role is to promote a robust, diversified and prosperous economy in Nevada, to stimulate business expansion and retention, encourage entrepreneurial enterprise, attract new businesses and facilitate community development. More information on the Governor’s Office of Economic Development can be viewed at www.diversifynevada.com.
# # #