News

More than 30 companies that relocated to Northern Nevada in the past year were honored at EDAWN’s New and Expanded Company Welcome Reception Dec. 15. The most recent addition to Northern Nevada’s growing business market was eBay, a worldwide e-commerce and auction website.

Governor’s Office of Economic Development approved an incentive to expand eBay’s data center operations to Northern Nevada on Super Loop Circle in the Tahoe Reno Industrial Center. The company will receive a $30 million tax incentive package. They plan to invest $412 million in new capital in two separate projects and hire more than 50 employees in Nevada.

The plan involves a $230 million capital investment to build a data center in Storey County outside of Reno — the same area where electric carmaker Tesla is building a battery factory. Auction website, eBay, plans to hire 50 employees by the end of the first year, at an average wage of about $20 an hour, according to an AP report.

In Las Vegas, eBay plans to invest $182 million in capital to expand its data centers, and expects to hire two new employees at an average wage of $36 per hour, according to the AP.

According to an eBay fact sheet for Q3 of 2015, eBay had 159 million active buyers and $2.1 billion in revenue. In an interview with the Associated Press, Gov. Brian Sandoval said attracting the company to Nevada was like getting LeBron James on the team.

Dean Nelson, eBay’s vice president of global foundation service, cited Nevada’s data center business incentives, Northern Nevada data resources and cloud capabilities as key reasons for expansion to the area.

“2015 was another impressive year, with over 25 new or expanding companies adding over 3,000 new quality jobs to the region over the next few years and that does not include the thousands of secondary jobs (construction and retail),” said Mike Kazmierski, president and CEO of EDAWN. “As we continue to build on our recent success, there is no doubt that our economy is recovering and we are on the cusp of a truly new economy. Over the past few years, these announcements have driven our unemployment rate to below 6% (an 8 year low). We are excited about the new year and will continue working to attract, retain and grow the quality jobs our community needs as we build our economic future.”