FOR IMMEDIATE RELEASE
Contact: Carli Smith
Director of Communications
c.smith@goed.nv.gov 775.687.9903
August 5, 2026
CARSON CITY, Nev. – The Nevada Governor’s Office of Economic Development (GOED) has approved $17,633,378 in tax abatements. In return, these companies are projected to create 2,159 jobs in the next five years at an average hourly wage of $34.85. Additionally, these companies will generate $174,238,050 in new tax revenues over each abatement period and generate $152,991,437 in total capital equipment investment to the state.
“Since day one, my administration has focused on creating a business climate where companies can invest, innovate, and succeed. Today’s announcement is further proof those efforts are paying off, with businesses choosing Nevada to invest more than $150 million, diversifying our economy, creating more than 2,100 good-paying jobs, and opening new opportunities for Nevada families to build successful futures.”
The companies receiving abatements are in Clark, Washoe, Storey, and Lyon County:
- ALPLA, Inc., represented by Las Vegas Global Economic Alliance (LVGEA), plans to establish a plastic bottle manufacturing facility in Clark County. It was approved for $818,718 in abatements and is expected to create 51 jobs at an average hourly wage of $34.92 within two years. The company is expected to make $8,011,000 in capital equipment investment in the first two years of operation and generate $6,586,909 in new taxes over the abatement period.
- Buckeye Corrugated, Inc., represented by Northern NV Now (formerly known as EDAWN), plans to establish and expand its advanced corrugated packaging manufacturing operations in northern Nevada. It was approved for $1,572,144 in abatements and is expected to create 27 jobs at an average hourly wage of $40.06 within two years. The company is expected to make $12,755,000 in capital equipment investment in the first two years of operation and generate $7,146,793 in new taxes over the abatement period.
- Western Steel Service Center, LLC, represented by Northern Nevada Development Authority (NNDA), plans to establish a new steel processing and fabrication facility in Fernley. It was approved for $542,407 in abatements and is expected to create 10 jobs at an average hourly wage of $35.59 within two years. The company is expected to make $4,883,790 in capital equipment investment in the first two years of operation and generate $4,046,284 in new taxes over the abatement period.
- Hyve Solutions Corporation, represented by Northern NV Now, plans to establish a new high-tech manufacturing facility in Reno. It was approved for $3,672,117 in abatements and is expected to create 974 jobs at an average hourly wage of $32.10 within two years. The company is expected to make $31,420,000 in capital equipment investment in the first two years of operation and generate $59,334,238 in new taxes over the abatement period.
- Hyve Solutions Corporation, represented by LVGEA, also plans to establish a new high-tech manufacturing facility in North Las Vegas. It was approved for $1,030,430 in abatements and is expected to create 240 jobs at an average hourly wage of $38.55 within two years. The company is expected to make $8,702,285 in capital equipment investment in the first two years of operation and generate $19,448,537 in new taxes over the abatement period.
- Nimble Precision, Inc., represented by LVGEA, was approved for $4,677,521 in abatements and is expected to create 65 jobs at an average hourly wage of $46.31 within two years. The company is expected to make $46 million in capital equipment investment in the first two years of operation and generate $35,144,581 in new taxes over the abatement period.
- Colovore Reno 1, LLC, represented by Northern NV Now, is planning to establish a data center facility in Storey County. It was approved for $4,076,970 in abatements and is expected to create 10 jobs at an average hourly wage of $59 within five years. The company is expected to make $30 million in capital equipment investment in the first five years of operation and generate $16,848,744 in new taxes over the abatement period.
- Rapid Response Monitoring Services, Inc., represented by LVGEA, plans on expanding its existing Henderson facility. It was approved for $147,837 in abatements and is expected to create 75 jobs at an average hourly wage of $29.96 within two years. The company is expected to make $600,000 in capital equipment investment in the first two years of operation and generate $7,923,878 in new taxes over the abatement period.
- Greif Packaging, LLC, represented by Northern NV Now, plans to establish a manufacturing facility in Reno. It was approved for $664,476 in abatements and is expected to create 23 jobs at an average hourly wage of $32.54 within two years. The company is expected to make $5,363,362 in capital equipment investment in the first two years of operation and generate $11,058,099 in new taxes over the abatement period.
- Type III, Inc., represented by Northern NV Now, plans to establish a manufacturing, assembly, engineering services in Reno. It was approved for $430,758 in abatements and is expected to create 26 jobs at an average hourly wage of $57.31 within two years. The company is expected to make $5,256,000 in capital equipment investment in the first two years of operation and generate $6,699,987 in new taxes over the abatement period.
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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 is the result of a collaborative effort between the Nevada Legislature and the Governor’s Office 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.