RENO, Nevada (Dec. 12, 2019) – Twenty-two companies that relocated to Greater Reno-Sparks and existing local companies that expanded their workforce this year, were honored at EDAWN’s “2019 New and Expanded Companies” welcome reception today. Eleven technology-related companies represented the largest industry segment of new companies and 14 corporate headquarters are both strong indicators that our community continues to move in the right direction.
2019 was a year of positive changes in Greater Reno-Sparks, including the addition of more than 1,300 jobs from companies relocating to the region and local expansions. Technology-related companies represented 40% of the relocations and the growth of the tech sector is key to strengthening the region’s economic future. Sixty-five percent of the relocated companies that EDAWN assisted this year came from California where a record number of businesses continue to relocate to states like Nevada with a more attractive business climate and a lower cost of living. Greater Reno Sparks is one of the fastest growing communities in the United States and sustaining this economic growth requires attracting new companies like the ones recognized at this event.
“2019 was another impressive year, with 22 new and local expanding companies adding more quality jobs to the region over the next few years,” said Mike Kazmierski, President and CEO of EDAWN. “Thank you to all the honored companies and for your confidence in our community. The new opportunities this creates for our workforce are certain to have a positive impact for generations to come and I couldn’t be more excited. Without a doubt, our ability to diversify and strengthen our regional economy could not be done without the support of EDAWN investors and community partners, many of whom are also here tonight.”
More than 400 business and government leaders attended EDAWN’s annual event held at the Peppermill Resort Spa Casino. Also, in attendance to present gifts to the honorees were Kate Marshall, Lieutenant Governor, State of Nevada; Devon Reese, Councilmember City of Reno; Christopher Dahir, Councilmember City of Sparks; and Marshall McBride, Commissioner Storey County.
The Economic Development Authority of Western Nevada is a private/ public partnership established in 1983 committed to adding quality jobs to the region by recruiting new companies, supporting the success of existing companies, and assisting newly forming companies, to diversify the economy and have a positive impact on the quality of life in Greater Reno-Sparks. www.edawn.org
Manager, Business Development
Economic Development Authority of Western Nevada