Sephora Expansion Bringing 147 Jobs to Southern Nevada
LAS VEGAS— Sephora USA plans to expand its distribution center operations in North Las Vegas after being approved for state incentives today during the Nevada Governor’s Office of Economic Development (GOED) Board of Directors meeting.
Sephora operates a 715,000 square-foot warehouse and distribution facility in North Las Vegas, fulfilling ecommerce and online orders to most of the western US. The expansion will add 147 jobs within five years and will allow the facility to also fulfill retail store orders in the region. The Las Vegas Global Economic Alliance (LVGEA) provided support and guidance to Sephora as they went through the tax abatement approval process.
“Our goal at LVGEA is to not only attract new companies to the region, but to also assist the companies currently doing business here in expanding their operations,” said Tina Quigley, LVGEA President & CEO. “Sephora opened their facility here in 2019 and employs more than 200 people. Today’s move will allow the company to put another 100 Southern Nevadans to work.”
LVGEA originally assisted Sephora with applying for state tax abatements for relocation in 2018, which was a key factor in the company’s decision to move to Southern Nevada.
“Since opening in 2019, Sephora’s Las Vegas Distribution Center has been critical to the accelerated growth of our US business,” said Mike Racer, Senior Vice President, Supply Chain at Sephora. “The team’s performance in the last few years has been incredibly strong and is a clear testament to the area’s favorable operating environment and robust talent pool. We will continue to build out and invest in this facility, and we are grateful for our trusted partnership with the Las Vegas Global Economic Alliance to help drive our work forward.”
The GOED Board approved tax incentives for a total of five companies at today’s quarterly meeting, including Sephora. These five companies will create 435 jobs within five years and will make a capital investment of $113M+ in the first two years and generate $36M in net new tax revenues over the next 10 years.
“These new companies will have an impact throughout Nevada,” said Nevada Governor Steve Sisolak. “Since January of 2019, the 86 companies that have received abatements will create 13,227 jobs over five years. These companies are making $2.4 billion in capital investments and will generate $1.2 billion in new net tax revenues over the next decade.”
The companies receiving abatements are spread throughout Nevada, with two in the Reno area, and one each in Nye, Clark, and Storey counties.
“Nevada continues to attract companies who are making significant investments, creating good jobs and expanding our tax base,” said Michael Brown, GOED Executive Director. “One of these companies is making $69 million in capital investments, another is generating $12 million in net tax revenues over the next decade.”