Connection Points | December 2018
“Thanks to growing support from many partners, 2018 was another exceptional year for economic development in Southern Nevada. Our team assisted in the creation of over 4,600 new jobs and hit new highs for marketing reach, event attendance, memberships and active partnerships. Together, our work is advancing new industries, elevating wages and helping to solidify Nevada’s place as the fastest jobs-producing state in the U.S. As we shift our sights to 2019, we are grateful for your continued partnership and excited to design our future together.”
– Jonas R. Peterson
In 2018, our team assisted in the expansion and relocation of 32 companies, and we worked with partner organizations to help create 4,616 jobs. Check out our news center for recent company announcements.
LVGEA will hold its fifth-annual State of Economic Development event on Feb. 6, 2019 to celebrate advancements and investments being made in the region. Sponsorship opportunities now available.
In partnership with LVCVA, we are hosting the first Global Sports Summit on Feb. 27, 2019 to discuss the landscape of sports business, the future of sports sponsorships and economic development opportunities.
The Las Vegas Global Economic Alliance (LVGEA) is ending the year on a strong note. Together with partner organizations, the LVGEA assisted in the expansion and relocation of 32 companies in 2018, projecting the creation of 4,616 total jobs for the region over the next five years. This year saw a surge in back office jobs within the distribution, manufacturing and technology sectors.
On Thursday, Nov. 29, the Las Vegas Global Economic Alliance (LVGEA) and UNLV Lee Business School teamed up for the second year for Outlook ’19, to provide the community with the data and insight needed to do business in Las Vegas. Held at the Park MGM, the event brought together sought-after speakers who gave in-depth analysis of what to expect heading into 2019 on the local, national and global levels.
The event also took a closer look into the sports and entertainment industry, presenting highlights and analysis from a new report on the implications that these growing industries are having on our economy here at home.
This month, Vegas Golden Knights President Kerry Bubolz was unanimously elected to the Las Vegas Global Economic Alliance’s (LVGEA) Board of Directors known as the “LVGEA 50.”
The organization also welcomed College of
Powered by the LVGEA Research Center, get your quarterly view of the regional economy through the Economic Snapshot newsletter.
With the assistance of the Las Vegas Global Economic Alliance (LVGEA), four companies that plan to relocate or expand in Greater Las Vegas were approved for state incentives today by the Nevada Governor’s Office of Economic Development (GOED) board of directors.
These companies include HAPPIE Home, Premium Waters, Owned Outcomes and Design, LLC. In total, these will bring 125 new jobs to the region over the next five years.
The Las Vegas Global Economic Alliance (LVGEA) proudly welcomes its incoming Chairman of the Board, Derrick R. Hill, vice president of Cox Business. Hill was unanimously elected by the board, known as the “LVGEA 50,” on Nov. 1 to serve as chairman beginning Jan. 2019.
The Las Vegas Global Economic Alliance (LVGEA) is proud to announce that Kylie Rowe has been promoted to Vice President of Communications and Public Affairs. In this role, she will lead the organization’s communications team, coordinate strategic partnerships and advance public policy at the local, state and federal levels.
The Las Vegas Global Economic Alliance (LVGEA) received two Silver Excellence in Economic Development Awards this year during a ceremony at the International Economic Development Council (IEDC) Annual Conference on Tuesday, Oct. 2, in Atlanta, Georgia.
The LVGEA was recognized for its social media and video promotion work during the bid for Amazon’s second headquarters in 2017.
By Devin O’Connor | Casino.org
“We are well on our way to being the sports and entertainment capital of the world if we’re not there already,” Aguero said this week at Outlook ’19, an event co-hosted by the Las Vegas Global Economic Alliance (LVGEA) and UNLV Center for Business and Economic Research.”
By Bailey Schulz | Las Vegas Review-Journal
Aguero discussed Las Vegas sports’ influence on the local economy at Outlook ’19, the second annual economic forecasting event hosted by the Las Vegas Global Economic Alliance and UNLV. All three speakers at Thursday morning’s event were highly optimistic for the future of Nevada’s economic standing.
By Greg Ferraro | Nevada Business Magazine
Smith’s Food and Drug Stores unveiled its new $13.5 million dry goods distribution center with a ribbon-cutting ceremony and open house event at 10:30 a.m. on Friday, November 16, 1775 Executive Airport Drive in Henderson. Elected officials and representatives from the LVGEA and the GOED joined the grand opening celebration. In addition, Smith’s presented Three Square Food Bank with 3 pallets of their most requested foods to help combat hunger in the communities of Nevada.
By Ricard Torres-Cortez | Las Vegas Sun
“We are thrilled Google is considering expanding in Southern Nevada, and I applaud the collaborative economic development efforts of our partners at NV Energy, the city of Henderson and GOED to advance this game-changing project,” said LVGEA CEO Jonas Peterson.
By Bailey Schulz | Las Vegas Review-Journal
HAPPIE Home is slated to provide more than $11.2 million in new tax revenue over the next 10 years. The company plans to hire 51 employees within the first year of operations at an average hourly wage of $35.18.
Jared Smith, chief operating officer of the LVEGA, said HAPPIE Home’s launch is a testament to the business-friendly policies in Southern Nevada.
By Nicole Raz | Las Vegas Review-Journal
Cox Communications’ Derrick Hill Named Chairman of LVGEA Board of Directors. Derrick Hill, vice president of Cox Business, was named chairman of the Las Vegas Global Economic Alliance. He will begin as chairman in January.
By Las Vegas Business Press
The Las Vegas Global Economic Alliance (LVGEA) has promoted Kylie Rowe to vice president of communications and public affairs. In this role, she will lead the organization’s communications team, coordinate strategic partnerships and advance public policy at the local, state and federal levels.
By KTNV Channel 13
13 Action News is “Raising The Bar” and leading a discussion on improving education in Southern Nevada. Residents in the community without kids should also care about the issue of education, according to the Las Vegas Global Economic Alliance.
The fifth-annual State of Economic Development will be held on Feb. 6, 2019. The event will bring together elected officials, as well as community and business leaders from Greater Las Vegas and across the state to celebrate our advancements and gain insight on the investments being made in Nevada through economic development and job creation.
Remarks will be followed by updates from city and county leaders working to advance new development and redevelopment throughout the region.
The LVGEA is partnering with the Las Vegas Convention and Visitors Authority (LVCVA) to host the first Global Sports Business Summit on Feb. 27, 2019, as part of Ultimate Vegas Sports Weekend.
The new summit will feature some of the top minds and brands in sports to discuss the landscape of sports business, the future of sports sponsorships and partnerships, and the economic development opportunities around sports.
Stay tuned for more announcements.
The Las Vegas Global Economic Alliance works to diversify the economy and attract, retain, and expand businesses in Southern Nevada.
As a community-supported 501(c)6 nonprofit entity, none of its work is possible without the generous support of its investors.
The LVGEA is proud to showcase all of its investors while recognizing its Pinnacle Level and Presidential Level investors in this newsletter.