Five LVGEA-assisted Companies Expanding in Southern Nevada
HAAS, GEOTAB, GREENBROZ, VADATECH AND AIRCRAFT HINGE APPROVED FOR INCENTIVES
LAS VEGAS— With the assistance of the Las Vegas Global Economic Alliance (LVGEA), five companies set to relocate or expand in Southern Nevada were approved for state incentives today by the Nevada Governor’s Office of Economic Development (GOED) board of directors.
Haas, Geotab, GreenBroz, VadaTech and Aircraft Hinge will bring 2,005 new jobs to the region over the next five years.
“This an exciting quarter for economic development in the region,” said Jonas Peterson, president and CEO of LVGEA. “We are thrilled to have worked alongside these companies to bring so many new jobs and continued economic diversity to the area.”
GOED works closely with the LVGEA and other redevelopment agencies across the state to ensure that businesses are able to get the incentives they need to expand their businesses.
“Nevada continues to be a destination for companies that would like to relocate to a business-friendly state with workers that have the skills needed for today’s advanced manufacturing and high tech industries,” said GOED Interim Executive Director Kris Sanchez. “Small businesses in Nevada are also taking advantage of the great opportunities available to them and expanding their operations in the state to reach customers nationwide and worldwide.”
Haas – 1,400 jobs, $24 average wage
In their expansion, Haas Automation Inc.—one of the largest machine tool builders in the world by total unit volume—plans to build a 2.3-million-square-foot, state-of-the-art facility in West Henderson. The company designs and manufactures precision machine tools and specialized accessory tooling. Learn more: haascnc.com
Geotab – 500 jobs, $36.06 average wage
Geotab is a global leader in telematics, providing open platform fleet management solutions (vehicle GPS) to businesses of all sizes. Headquartered in Ontario, CA, many Fortune 500 companies rely on Geotab’s technology to provide measurable management data.
“Our organization has chosen to continue to expand in the great state of Nevada due to the state’s commitment to see its economy and businesses thrive by providing a favorable tax environment and our organization’s ability to source a skilled and diverse workforce,” said Joey Marlow, EVP of U.S. operations. “We look forward to continuing our partnership with the state and LVGEA to help reach our goal of becoming one of the top technology companies in the Las Vegas Valley.”
Learn more by visiting geotab.com.
GreenBroz – 50 jobs, $26 average wage
The California-based agricultural machinery product manufacturing is relocating its operations to the City of North Las Vegas. GreenBroz is a world leader in automated harvesting solutions for the emerging agricultural industries. They are considering a 25,000-square-foot manufacturing facility in North Las Vegas.
“Some revolutions are born; ours was engineered,” said Cullen Raichart, CEO.
To learn more, visit greenbroz.com.
VadaTech – 25 jobs, $25.76 average wage
Headquartered in Henderson, Vadatech provides innovative embedded computing solutions. They have operated in the region since 2004, with additional locations in California, United Kingdom, India, Taiwan and Armenia.
Currently in a 75,000-square-foot building, Vadatech will be purchasing a 55,000-square-foot space adjacent to their current facility in order to expand manufacturing operations. Learn more: vadatech.com.
Aircraft Hinge – 30 jobs, $25 average wage
The specialty aircraft hinge manufacturer for commercial and military aircraft boasts a product line as small as one-inch and as large as twenty feet. They are equipped to work with aluminum extrusions, sheet and plate stock (including titanium), as well as forgings and castings of different metals.
“We have been in Vegas for a long time and we knew there was no better place to expand our facilities,” said Doug Silva, owner and president. “We have been grateful to be able to work alongside LVGEA and other agencies during this expansion, and for the amazing opportunities we’ve been provided.”
To learn more about Aircraft Hinge, visit mshinge.com.
About Las Vegas Global Economic Alliance
The Las Vegas Global Economic Alliance (LVGEA) is a public-private partnership dedicated to growing the economy in Southern Nevada through connectivity, community development, and strong business recruitment, retention and outreach. As Southern Nevada’s regional development authority, the LVGEA’s vision is to help residents thrive in a global economy by fostering a more prosperous, diverse and connected regional economy. To learn more, visit lvgea.org.