DREAM IT DO IT AND SKILLS CERTIFICATION SYSTEM ENDORSED BY PRESIDENT OBAMA

Northern Nevada Development Authority Fields Dream It Do It Nevada Initiative

Toys"R"Us Opens E-Commerce Distribution Center in Storey County

Storey County Announces Three Businesses Seeking State Incentive Acknowledgements


Local Economic Development News

Clusters of Knowledge - presented at the April 27, 2011 NNDA/Carson Chamber breakfast


April 19, 2011, three companies received approval of their state incentive applications:

Toys"R"Us - e-commerce distribution center for Toys"R"Us and Babies"R"Us. The ompany will open July 2011 with approximatley 350 full- and part-time assciates at the peak holiday season at the 300,000+ square foot facility in the Tahoe-Reno Industrial Center.  The company received approval for sales and use tax abatement, sales and use tax deferral, modified business tax abatement and personal property tax abatement.

GSI Commerce - an e-commerce and interactive marketing service distribution center locating in the Tahoe-Reno Industrial Center in Storey County.  The company will emply 30 permanent, full-time staff, with anticipated increase to more than 300 seasonal workers during the holidays.GSI offers end-to-end, full-service e-commerce solutions to its clients which include many of the world's top retail brands. Their international teams serve on-line shoppers in North America, Europe and soon Asia. The company received approval for sales and use tax abatement, sales and use tax deferral, modified business tax abatement, personal property tax abatement and train employees now funding.

Schluter Systems – a distributor of tile installations, edging and finishing products and training center located in Storey County.  The company received approval for sales and use tax abatement, sales and use tax deferral and modified business tax abatement.


In mid-November 2010, the following five businesses announced major progress in their relocation to Nevada:

Scougal Rubber Corp. – a manufacturer of metal and rubber industrial parts that recently relocated to Storey County. The company will employ 19 to 25 people with an estimated 75 employees by the end of their first year in operations. Scougal occupied a building in the Tahoe Reno Industrial Center.

Schluter Systems – a distributor of tile installations, edging and finishing products that also recently expanded its operations into Storey County in the Tahoe Reno Industrial Center. Ultimately, Schluter will create more than 20 new jobs for the Sierra region.   Miles Construction, who was a big player in attracting and closing this deal, began construction of Schluter’s signature building which will be LEED Certified and will represent a new level of construction for the Sierra Region.

SureFire – a prominent manufacturer and distributor of military and defense products moved their weapon magazines and clips division to Reno. The company will employ about 12 people and will begin operations in December of this year after closing on their lease.

EMCO High Voltage Corp. – a Jackson, Calif.-based leading designer and manufacturer of high voltage power supply units found mounted on circuit boards all around the world expanded its operations to Minden. Upon opening, EMCO will employ seven to 10 people with a one-year employment estimate of 20. EMCO recently held their grand opening.

SBA NEWS
In September 2010, President Obama signed the Small Business Jobs Act which provides critical resources to help small businesses continue to drive economic recovery and create jobs. Highlights include:  higher loan limits – increased maximum loan sizes in top SBA loan programs, small business tax cuts, as well as changes that affect government contracting, commercial real estate refinancing, exporting and more. Get straight information about how the Jobs Act can benefit your company or clients. You can find details about small business support and more about the Jobs Act in an easy to read format at: http://www.sba.gov/content/small-business-jobs-act-2010