Crocs, Bella + Canvas, Foam of Nevada and Novva Holdings are four companies bringing jobs to Southern Nevada. These four are currently scheduling the openings of manufacturing and distribution facilities across the region, adding a possible 1000 new jobs or more to Nevada’s economy. The firms plan to create a combined 721 jobs within two years with the potential for 1,066 jobs over the next five years, after they were approved for tax abatements by the Governor’s Office of Economic Development. “Nevada is continuing to attract quality companies that are creating great jobs for working families,” said 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 GOED awarded a total of seven companies, including the four firms mentioned above, to receive a total of $53.1 million in tax incentives. In return, the seven companies must create 1,013 jobs in the next two years at an average weighted hourly pay of $28. Support and guidance were given to the companies throughout the tax abatement approval process by The Las Vegas Global Economic Alliance. “Our goal at LVGEA is to not only bring high-quality jobs to the region, but to also attract companies that help diversify our economy and strengthen our community,” said Tina Quigley, LVGEA President & CEO. “The companies receiving incentives include a data center, a manufacturing facility, and a distribution warehouse, all of which fall under one of our target industries for economic diversification and consume minimal water resources.”
Bella + Canvas is the largest manufacturer of wholesale apparel in the United States, specializing in the design, manufacturing, and distribution of clothing basics. They plan to complete a 488,100 square foot facility in North Las Vegas. Crocs, Inc., a world leader in innovative casual footwear for adults and children, is seeking the establishment of a 600,000 square foot distribution and warehouse facility in the North Las Vegas area. F of N, Inc., upon the completion and operational status of their facility, will produce varying products for the state and its neighbors California, Arizona, and Utah. Novva Holdings, LLC., which provides wholesale and data center infrastructure services to clients both local and international, plans to open a 250,000 square foot data center in North Las Vegas.