BUSINESS BUILDERS REPORTS

2007-2008 Phase 2 Business Builder Report

Executive Summary
 
This report is the phase two report for fiscal year 2007-08 of the Economic Development Authority of Western Nevada (EDAWN) Business Builders program.

The report summarizes the opinions of key executives in the business & financial services, life sciences and software industries regarding key business indicators. Each industry sector will be discussed separately in order to provide an understanding of the business environment for each.

The purpose of the reports is to provide a snapshot of how key business sectors are faring in our local economy. All previous reports are available on EDAWN’s Web site at www.edawn.org.

A total of 45 executives were interviewed between February 1, 2008 and June 20, 2008. Overall these executives are forecasting continued growth and success for their companies within the Greater Reno- Tahoe region.

Data shows 19 of the companies interviewed are headquarter operations within the region. Twenty fi ve companies indicated planned expansions in the next three years, however only 20 provided actual estimates.

These 20 companies plan to add nearly 550 jobs, occupy an additional 100,000 square feet of real estate with an estimated capital investment of $39,100,000 by 2011.
 

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For Information Contact:
Gail Conkey
Toll Free: 800.256.9761
Phone/Fax: 775.829-3720
conkey@edawn.org