Nevada continues to pick up California’s defectors
A reason why housing is getting higher as they sell their $700,000 house and buy a better one when they move here. Only problem Nevada price was 150k and they pay 400-500k. Yeah I know quit whining, at least they are bringing jobs here, trouble is they bring their people too!
Bill O'Driscoll RENO GAZETTE-JOURNAL1/4/2005 11:05 pm
Moving in: 143 companies came to Silver State in two-year period as economic impact tripled.
ON THE WEB Complete report: www.expand2nevada.com.
Business in Nevada has swelled in large part at the expense of California’s withering economy, the Nevada Commission on Economic Development reported Tuesday.
The agency’s assessment for the two-year period ending June 30, 2004, showed 143 companies moved or expanded to Nevada, creating 6,752 new jobs.
Additionally, the commission’s six divisions, through grants, outreach programs and other initiatives, had an impact of more than $3.2 billion on Nevada-based business, the report said.
It marked a more than tripling of the total impact from the commission’s efforts in the previous biennium, said Jeanie Ashe, director of marketing for the commission.
“That’s a huge jump,” she said.
Among the commission’s more prominent efforts was a marketing campaign, aimed at struggling California metropolises, that touted Nevada’s healthful business climate.
The campaign, assisted by the Reno-based Economic Development Authority of Western Nevada and the Northern Nevada Development Authority in Carson City, helped lure Momar Industries Inc. to Reno from the Silicon Valley.
Owner Vic Monia said he doesn’t regret the move and now employs 46 people at the computer/electronics after-market parts manufacturing, laminating-printing and product development enterprise.
On Tuesday, Monia was in San Jose, Calif., in the heart of the Silicon Valley, trying to sublease the building he vacated earlier last year.
“It was worth it paying off the lease and getting out early,” he said by telephone.
“It’s frightening here. In the go-go years, I could have gotten $1.50 a square foot. I’ve had it on the market for seven, eight months, and now it’s at 25 cents a square foot gross and I’ve gotten one inquiry. Nothing’s going on here.”
Bob Shriver, executive director of the Nevada Commission on Economic Development, said the growth is expected to continue this year.
“The most recent economic forecasts show that Nevada will once again lead the nation in job growth, including the manufacturing sector, in 2005,” Shriver said.
Bill O'Driscoll RENO GAZETTE-JOURNAL1/4/2005 11:05 pm
Moving in: 143 companies came to Silver State in two-year period as economic impact tripled.
ON THE WEB Complete report: www.expand2nevada.com.
Business in Nevada has swelled in large part at the expense of California’s withering economy, the Nevada Commission on Economic Development reported Tuesday.
The agency’s assessment for the two-year period ending June 30, 2004, showed 143 companies moved or expanded to Nevada, creating 6,752 new jobs.
Additionally, the commission’s six divisions, through grants, outreach programs and other initiatives, had an impact of more than $3.2 billion on Nevada-based business, the report said.
It marked a more than tripling of the total impact from the commission’s efforts in the previous biennium, said Jeanie Ashe, director of marketing for the commission.
“That’s a huge jump,” she said.
Among the commission’s more prominent efforts was a marketing campaign, aimed at struggling California metropolises, that touted Nevada’s healthful business climate.
The campaign, assisted by the Reno-based Economic Development Authority of Western Nevada and the Northern Nevada Development Authority in Carson City, helped lure Momar Industries Inc. to Reno from the Silicon Valley.
Owner Vic Monia said he doesn’t regret the move and now employs 46 people at the computer/electronics after-market parts manufacturing, laminating-printing and product development enterprise.
On Tuesday, Monia was in San Jose, Calif., in the heart of the Silicon Valley, trying to sublease the building he vacated earlier last year.
“It was worth it paying off the lease and getting out early,” he said by telephone.
“It’s frightening here. In the go-go years, I could have gotten $1.50 a square foot. I’ve had it on the market for seven, eight months, and now it’s at 25 cents a square foot gross and I’ve gotten one inquiry. Nothing’s going on here.”
Bob Shriver, executive director of the Nevada Commission on Economic Development, said the growth is expected to continue this year.
“The most recent economic forecasts show that Nevada will once again lead the nation in job growth, including the manufacturing sector, in 2005,” Shriver said.
posted by Old Army | 7:18 AM
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