Three companies have pledged to invest a combined $157.8 million in North Las Vegas after receiving tax abatements from the Governor’s Office of Economic Development, the city said in a news release.
GOED awarded the abatements to Edgewood Renewables, Forge Industries and Taylor Print & Visual Impressions Inc., which together have committed to creating a total of over 100 jobs and generating more than $26 million in tax revenue over 10-year abatement periods.
Edgewood Renewables, a biofuel manufacturing company, represents the largest share of the investment at $138.7 million in capital equipment. The company plans to create 60 jobs at an average hourly wage of $40.70 and is projected to generate nearly $17 million in tax revenue over the abatement period, according to the city.
Edgewood, in its application, said its primary emphasis was the production of premium renewable diesel. Renewable diesel, it said, is molecularly equivalent to petroleum diesel but has lower lifecycle emissions and is produced without fossil fuels. Unlike biodiesel, it does not require blending or infrastructure modifications and can be used in any diesel engine. The company said its North Las Vegas facility, once functional, would produce about 22 million gallons per year of the product.
The company selected North Las Vegas over sites in Texas, Mississippi and Louisiana, according to its tax abatement application.
“We could not be more excited to be locating the Edgewood Renewables renewable fuel refinery, fuel hub and terminal in North Las Vegas,” said Steve Harrington, CEO of Edgewood Renewables. “We chose Southern Nevada because we felt wanted and welcomed.”
Forge Industries, which converts nonrecyclable waste into alternative fuel for industrial use, plans to build a 105,000-square-foot facility in North Las Vegas.
The company has committed to $14 million in capital equipment investment and 16 jobs at an average wage of $47.50 per hour, according to the city. Forge Industries is expected to generate nearly $5.4 million in tax revenue over the abatement period.
“Forge is beyond excited to have our first U.S. production facility headquartered in North Las Vegas,” said Chelsea Boyle, CEO of Forge Industries.
In its application for the abatement, Forge said its engineered alternative fuel products are distributed primarily to industrial customers in the Southwestern U.S., with key markets including cement manufacturers and other energy-intensive industries in California, Arizona and neighboring states that are seeking lower-carbon fuel alternatives.
Forge said it planned to begin site development in the third quarter of this year and to be fully operational by the third quarter of 2027.
Taylor Print & Visual Impressions, a wholly owned subsidiary of Taylor Corporation, plans to expand its existing North Las Vegas facility.
The company has committed to $5.1 million in capital equipment investment and 25 jobs at an average hourly wage of $27.05, with nearly $4 million projected in tax revenue over the abatement period. Taylor Corporation is one of the largest graphic communications companies in North America.
The company said its Las Vegas operation is a preferred vendor partner to leading hospitality brands in the area. Beyond the local hospitality market, it has customers across the Western and Southwestern United States, including segments such as healthcare communications, consumer packaging and elections services.
“Nevada has been an important part of our operations for decades, and this expansion reflects our long-term commitment to investing in advanced manufacturing and quality jobs,” said Kevin Cassis, general manager of Taylor Print & Visual Impressions.
In its application, the company said it expected its expansion to be completed by June 2027.
North Las Vegas Mayor Pamela Goynes-Brown said the investments reflected the city’s growing role in advanced manufacturing and clean energy.
“Each of these organizations brings quality jobs, new capital investment and long-term economic opportunity to our community,” Goynes-Brown said.
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