A Record Number of Corporate Headquarters and Tech Companies Highlight Continued Growth in Greater Reno-Sparks
Twenty-nine companies that relocated to Greater Reno-Sparks and existing local companies that expanded their workforce this year, were honored at EDAWN’s “New and Expanded Companies” welcome reception on December 6. 2018 was a year of record set in technology growth and corporate headquarters, both very strong indicators that our economy continues to move in the right direction.
The Greater Reno-Sparks has undergone numerous positive changes over the recent years with many new primary companies and quality jobs added to region. This year, more than 2,000 new jobs were added to the region which attributed to a 40% increase in average wage compared to two years ago.
2018 also saw a record number of 15 new corporate headquarters that moved here and for the first time, 11 technology-related businesses made up the largest segment of companies that EDAWN has assisted. Year over year growth in our advanced manufacturing landscape is also a big reason why our region continues to transform as a vibrant and diverse economy where businesses continue to thrive.
“2018 was another impressive year with 29 new and expanding companies adding more than 2,000 new and quality jobs over the next few years,” said Mike Kazmierski, President and CEO of EDAWN. “Our ability to diversify and strengthen our regional economy could not be done without the support of our community partners and the Governor’s Office of Economic Development. A special thanks to Governor Sandoval and Lieutenant Governor Mark Hutchinson who provided the leadership our State needed to get our State’s economy back on track. Most of all, thank you to all the honored companies that are here tonight and for your confidence in our community and future. The new opportunities this creates for our workforce are sure to have a positive impact for generations to come and I couldn’t be more excited.”
More than 400 local business and government leaders also attended EDAWN’s annual event held at the Peppermill Resort Spa Casino. Also in attendance to present gifts to the honorees were Mark Hutchison, State of Nevada, Lieutenant Governor; Ron Smith, Mayor City of Sparks; Roy Edgington, Mayor City of Fernley; Bob Lucey, Washoe County Commissioner; Oscar Delgado, City of Reno, Councilmember; and Pat Whitten, Storey County Manager.