NEVADA CONTINUES TO SEE JOB CREATION AND CAPITAL INVESTMENT

LAS VEGAS, N.V. (September 19, 2013) – Today, nearly 1,400 jobs and $24 million in capital investment will come to the State of Nevada following a Board meeting for the Governor’s Office of Economic Development (GOED). Additionally, the State of Nevada will potentially welcome Barclays Services, a division of Barclays Bank, and Kareo, Inc., an IT company named as one of the Most Promising Companies in the country by Forbes, to the state.  Barclays and Kareo were approved for Catalyst Funds as they intend to create most of those high-paying jobs in the next few years.

“The State of Nevada works to provide an environment that assists businesses to create jobs and grow the economy,” Governor Brian Sandoval said.  “Nevada’s business-friendly atmosphere is not only helping existing Nevada companies to expand, but also bringing industry-leading companies to our state. Our economic development plan continues to bear fruit.”

“The businesses before the Board today cited many reasons why Nevada is competitive for business, from location to tax structure to quality of life,” GOED Director Steve Hill said. “Each Board meeting highlights the regional cohesiveness that it takes to create jobs in Nevada, and while progress has been made, there is more that remains to be done to help businesses put Nevadans back to work.”

Company Expansions and Relocations, September 2013:

Barclays Services, LLC (Clark County): The Company will create 930 jobs over a four-year period with $10,000,000 in capital investment.

Kareo, Inc. (Clark County):  The Company will create 112 jobs initially with 300 anticipated over the next three years; over $2,000,000 in capital investment.

Ardagh Metal Packaging USA, Inc. (Storey County): Will create 72 jobs and will receive TEN Grant funding to train these employees.

Cashman Equipment Company (Washoe County): 15 jobs and $8,379,800 in capital investment

Pathion, Inc. (Clark County): Will receive TEN Grant funding for the training of 35 new employees.

SenseAgility, LLC (Clark County): 101 jobs and $1,715,640 in capital investment

Shears Litho, Inc. (Clark County): 39 jobs and $2,200,000 in capital investment

Take-Two Interactive (Clark County): Will receive TEN Grant funding for the training of 35 new employees.

GE Transportation (Clark County): Will receive TEN Grant funding for the training of 10 new employees.

 

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About the Governor’s Office of Economic Development:


Created during the 2011 session of the Nevada Legislature, the Governor’s Office of Economic Development (GOED) 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 .

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