LVGEA Announces $166M in Capital Investment

Credit: Las Vegas Global Economic Alliance

The Las Vegas Global Economic Alliance is proud to announce a series of new and expanding companies choosing Southern Nevada, representing over 200 new jobs and more than $166M in capital investment, with an estimated $9.7M in two-year fiscal impact and more than $227M in two-year economic impact.

These companies were approved for state tax incentives during the Nevada Governor’s Office of Economic Development Board meeting, reinforcing Nevada’s commitment to supporting business growth and economic diversification. These projects further position the region as a premier destination for advanced manufacturing, healthcare innovation, clean energy and next-generation technology.

These projects collectively represent significant capital investment, job creation and continued diversification of the region’s economy, aligning with Southern Nevada’s strategic focus on high-growth, future-focused industries.

Nuance Medical – Advanced Manufacturing | Expansion | Clark County

Among the announcements, Nuance Medical is expanding its footprint with a new 25KSF headquarters and distribution facility in Clark County, consolidating operations from Nevada and California. The expansion will support the company’s continued growth in medical product innovation and is expected to create 25 new jobs over the next two years with an average wage of $37.05 per hour. The project includes a $589K capital investment and is projected to generate approximately $458,527 in two-year fiscal impact and more than $19.2M in two-year economic impact.

Redapt – Technology | New Operation | City of Henderson

In the technology sector, Redapt has announced the relocation of its global headquarters to the City of Henderson, alongside the launch of a new Integration Facility focused on AI-ready infrastructure. The project is expected to generate 75 new jobs with an average wage of $76.59 per hour and includes a $3.76M capital investment. The relocation is projected to deliver approximately $1.77M in two-year fiscal impact and more than $87.1M in two-year economic impact, positioning Southern Nevada at the forefront of artificial intelligence and data center innovation.

Three significant project announcements will occur in the City of North Las Vegas

Taylor Print & Visual Impressions, Inc., — Advanced Manufacturing | Expansion | City of North Las Vegas

Taylor Print & Visual Impressions, Inc., a subsidiary of Taylor Corporation, is also expanding its North Las Vegas operations with significant investment in advanced printing, automation and manufacturing technologies. The project will create 25 new jobs with an average wage of $27.05 per hour and includes more than $5M in capital investment. The expansion is expected to generate approximately $781,233 in two-year fiscal impact and more than $8M in two-year economic impact, further strengthening Southern Nevada’s advanced manufacturing ecosystem.

Edgewood Renewables – Advanced Manufacturing | New Operation | City of North Las Vegas

Southern Nevada’s leadership in sustainability and clean energy is further demonstrated by Edgewood Renewables’ plans to develop a scaled manufacturing, production and distribution facility in North Las Vegas that converts low-carbon renewable natural gas into renewable gasoline products. The project will create 60 jobs with an average wage of $40.71 per hour and represents more than $138.7M in capital investment. The development is projected to generate approximately $5.4M in two-year fiscal impact and more than $91.4M in two-year economic impact.

Forge Industries – Advanced Manufacturing | New Operation | City of North Las Vegas

Additionally, Forge Industries is establishing a new manufacturing facility focused on converting non-recyclable waste into alternative fuels, supporting a circular economy and reducing landfill reliance. The project will create 16 jobs with an average wage of $47.50 per hour and includes more than $18.3M in capital investment. The project is expected to generate approximately $1.26M in two-year fiscal impact and more than $21.8M in two-year economic impact while advancing the region’s environmental and sustainability goals and is the result of consistent work between the City of North Las Vegas economic development team and Forge Industries over several years. (Source)

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.