Three LVGEA-assisted Companies Expanding to Las Vegas
Zuffa (UFC), HashRabbit & Fresenius Kabi approved for state incentives by GOED
LAS VEGAS— With the assistance of the Las Vegas Global Economic Alliance (LVGEA), three 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 Amami Systems/HashRabbit, Fresenius Kabi and Zuffa/UFC. In total, these will bring 65 new jobs to the region over the next five years.
Since Jan., the LVGEA has assisted in the expansion and relocation of 27 companies, projecting a total of more than 3,400 jobs over the next five years.
Amami Systems, LLC / HashRabbit – 15 jobs, $25 average wage
Amami Systems, LLC is a subsidiary of HashRabbit, a company that creates software and infrastructure to optimize cryptocurrency mining as well as assists in other areas within blockchain-related industries. With a primary concentration on the innovation of the systems that blockchain technology relies upon, the company plans to incorporate in Nevada and grow its enterprise blockchain infrastructure for their list of clients and investors worldwide.
The LVGEA assisted Amami Systems/HashRabbit in every aspect of the expansion process, including the incentive application and GOED presentation.
“Establishing HashRabbit headquarters in Las Vegas was of great importance to us, as most of the HashRabbit team attended school in Nevada or have lived in Nevada and have a deep connection to the Las Vegas tech community,” said HashRabbit Director of Mining Operations Neal Hill. “The vast number of opportunities Nevada presents to growing businesses, and the ease of working with the LVGEA made this an easy choice.”
Amami Systems delivers the product of HashRabbit, which is recognized and respected for paving the way for blockchain as the first company in its field to establish in the Greater Las Vegas region. Learn more: hashrabbit.co
Fresenius Kabi, LLC – 20 jobs, $28.44 average wage
Fresenius Kabi USA is part of a global healthcare company specializing in generic injectable medicines, transfusion technologies and clinical nutrition products. Since establishing a presence in the U.S. in 2008, the company has invested significantly in the expansion of its manufacturing and R&D sites and field teams in the U.S. To meet its continued growth, the company is now considering the establishment of a distribution and fulfilment center in Greater Las Vegas. This proposed project includes a 120,000 sq. ft. facility that will provide both medicines and medical devices to serve Nevada hospitals, clinics and markets in states including Arizona, California, Idaho, Montana, New Mexico and other states across the western region.
In addition to economic incentives, factors in Fresenius Kabi’s decision to expand to the market include benefits in supply chain, real estate, taxes and workforce. The LVGEA assisted the company through the incentive process.
Zuffa, LLC (dba UFC) – 30 jobs, $37.12 average wage
Founded in 1993, UFC was purchased by Zuffa in 2001 and was added to media holding company Endeavor’s portfolio of companies in 2016. The production facility of UFC, Zuffa plans to relocate from California to Las Vegas, where it will continue to produce live MMA events to a worldwide audience. The LVGEA assisted UFC in the incentive process.
Already headquartered in Las Vegas and home to 300 employees, UFC is the fastest growing sports organization in the world, reaching 1.1 billion television households around the globe. With UFC events broadcasted in more than 160 countries, there are 284 million worldwide fans. Learn more: ufc.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.