WINN approves $636,637 for a Heavy Equipment & Diesel Technician Workforce Capacity Expansion at Truckee Meadows Community College
CARSON CITY, Nev. – The Nevada Governor’s Office of Economic Development (GOED) has approved $19,821,919 in tax abatements. In return, these companies are projected to create 534 jobs in the next five years at an average hourly wage of $42.46. Additionally, these companies will make a capital equipment investment of $186,945,544, generate $60,639,918 in new tax revenues over the 10-year abatement period, and $264,254,788 total capital investment to the state.
“More Nevadans will soon access high-paying jobs thanks to these new investments,” said Governor Lombardo. “My administration is dedicated to driving economic growth by breaking down barriers and providing companies with a clear path to expand here. With this approach, we will continue working toward lasting, sustainable economic strength.”
The companies receiving abatements are in Clark, Douglas, and Storey Counties, as well as in Carson City:
• AVK Elastomer Technology, LLC, represented by Northern Nevada Development Authority (NNDA), is continuing construction of its manufacturing facility in Minden. The company develops, manufactures, and sells rubber components for a wide range of applications in drinking water, food, healthcare, energy, and technical industries. AVK Elastomer was approved for $267,452 in abatements and is expected to create 18 jobs at an average hourly wage of $36.83 within five years. The company is expected to make $4,105,000 in capital equipment investment in the first two years of operation and generate $2,420,854 in new taxes over the 10-year abatement period.
• Edgewood Renewables, LLC, represented by Las Vegas Global Economic Alliance (LVGEA), plans to establish a biofuel manufacturing facility in North Las Vegas. The company manufactures drop-in renewable gasoline produced from renewable feedstocks such as dairy renewable natural gas and ethanol. Edgewood was approved for $15,483,681 in abatements and is expected to create 60 jobs at an average hourly wage of $40.71 within five years. The company is expected to make $138,718,000 in capital equipment investment in the first two years of operation and generate $16,762,808 in new taxes over the 10-year abatement period.
• Forge Industries, Inc., represented by LVGEA, plans to establish a manufacturing facility in North Las Vegas. The company was founded in 2024 and focuses on waste-to-energy, producing alternative solid fuel from residue materials which would otherwise go to landfill. Forge was approved for $1,605,602 in abatements and is expected to create 24 jobs at an average hourly wage of $47.50 within five years. The company is expected to make $13,962,530 in capital equipment investment in the first two years of operation and generate $5,412,171 in new taxes over the 10-year abatement period.
• Nuance Medical, LLC, represented by LVGEA, plans to expand its existing Nevada operations. The company is currently headquartered in Carlsbad, Calif. and has a related company already operating in Henderson. Nuance Medical was approved for $61,618 in abatements and is expected to create 37 jobs at an average hourly wage of $37.05 within five years. The company is expected to make $589,000 in capital equipment investment in the first two years of operation and generate $3,018,083 in new taxes over the 10-year abatement period.
• Redapt, Inc., represented by LVGEA, plans to establish a headquarters and technology facility in southern Nevada that will serve as a key strategic hub to develop and distribute products across the globe. Redapt was approved for $504,911 in abatements and is expected to create 100 jobs at an average hourly wage of $76.59 within five years. The company is expected to make $3,765,000 in capital equipment investment in the first two years of operation and generate $13,759,255 in new taxes over the 10-year abatement period.
• Taurus Fabrication, Inc., represented by NNDA, plans to establish a manufacturing facility in Carson City. Taurus is a private engineering and metal fabrication company specializing in engineering and fabricating metal parts, utilizing machining and metalworking capabilities. The company was approved for $486,324 in abatements and is expected to create 49 jobs at an average hourly wage of $44.58 within five years. The company is expected to make $4,865,000 in capital equipment investment in the first two years of operation and generate $1,634,435 in new taxes over the 10-year abatement period.
• Taylor Print & Visual Impressions, Inc., represented by LVGEA, plans to expand its existing North Las Vegas facility. The company operates as a wholly owned subsidiary of Taylor Corporation, one of the largest graphic communications companies in North America and a full-service provider for commercial printing, brand marketing, and wide-format visual solutions. It was approved for $313,199 in abatements and is expected to create 37 jobs at an average hourly wage of $27.05 within five years. The company is expected to make $5,097,890 in capital equipment investment in the first two years of operation and generate $3,990,427 in new taxes over the 10-year abatement period.
• TechCore PVA, LLC, represented by NNDA, plans to establish a manufacturing facility in Douglas County. TechCore is an advanced manufacturing company focused on developing innovative polyvinyl alcohol brush systems used in semiconductor wafer cleaning. The company was approved for $98,509 in abatements and is expected to create 29 jobs at an average hourly wage of $38.87 within five years. The company is expected to make $1,002,166 in capital equipment investment in the first two years of operation and generate $2,297,768 in new taxes over the 10-year abatement period.
• Valeo North America, Inc., represented by NNDA, plans to expand its manufacturing facility in Storey County. Valeo North America is a global automotive technology leader headquartered in Paris, specializing in the design and manufacture of advanced vehicle components and integrated systems for automakers worldwide. The company was approved for $1,000,623 in abatements and is expected to create 180 jobs at an average hourly wage of $31.28 within five years. The company is expected to make $14,840,958 in capital equipment investment in the first two years of operation and generate $11,344,117 in new taxes over the 10-year abatement period.
In addition to the abated companies, the GOED board approved $636,637 from the Workforce Innovations for a New Nevada (WINN) fund to support a Heavy Equipment & Diesel Technician Workforce Capacity Expansion at Truckee Meadows Community College (TMCC). The funding will be used to support Nevada’s mining industry sector by training technicians who can maintain and repair engines, hydraulic systems, and other critical machinery. Employer partners for the program include McCandless Truck Center, Empire Southwest LLC, and Coeur Rochester.
“Investing in a Heavy Equipment Diesel Technology program is an investment in Nevada’s workforce, infrastructure, and economic future,” said Elaine Silverstone, GOED’s director of workforce development. “As our construction, mining, transportation, and public works industries continue to grow, the demand for highly skilled diesel technicians has never been greater. This program will create direct pathways to high-quality, high-wage, in-demand careers while helping employers across Northern Nevada build and retain the talent, they need to keep our economy moving forward.”
About the Governor’s Office of Economic Development
Created during the 2011 session of the Nevada Legislature, the Governor’s Office of Economic Development is the result of a collaborative effort between the Nevada Legislature and the Governor’s Office to restructure economic development in the state. GOED’s role is to promote a robust, diversified and prosperous economy in Nevada, to stimulate business expansion and retention, encourage entrepreneurial enterprise, attract new businesses and facilitate community development.
