Office of Economic Development

This report provides a detailed analysis of Nevada's Business Information Technology Ecosystems Sector, outlining regional trends in job growth, average earnings, and business locations. It offers breakdowns by county, identifies top occupations and industry supply chain requirements, and presents demographic profiles including gender, age, and race/ethnicity, primarily covering the period from 2016 to 2026.

This document provides a comprehensive data set and analysis of Nevada's Manufacturing Sector. It details regional employment trends, job growth projections, average earnings, and demographic breakdowns by gender, age, and race/ethnicity. The report further examines industry-specific trends, top occupations, and supply chain requirements for various sub-industries within the sector, drawing on Lightcast's Q1 2026, Q2 2024, and Q2 2023 data.

The meeting addressed several abatement applications for Board approval, specifically for Idaho Asphalt Supply Inc., PR TX 1, LLC (for a data center in Storey County), and Welspun USA, Inc. (for a manufacturing facility in Clark County). Additionally, several abatement applications were approved by the Director, including those for Bombshelter Diesel Supply LLC dba DieselCore, FAAC Incorporated dba MILO Live (for an expansion in Las Vegas), Paysign, Inc. (for headquarters expansion in Henderson), and Trident Enterprises International, Inc. (for warehousing in Storey County). The Executive Director provided an update highlighting FY 2025 economic development results, including anticipated business investment and job creation figures, and announced plans for a trade mission to South Korea and Japan. The Director's report also covered the success of the Individual Career Mapping (ICM) initiative and updates on WINN-funded programs. A metrics report presented Q3 2025 wins and job commitment data. Finally, the Unemployment Rate Update noted that Esmeralda, Mineral, and Nye Counties currently exceed the 7% unemployment threshold, and discussed potential economic development efforts in Mineral County.

The board meeting, called to order on February 5, 2026, included an opportunity for public comment which concluded without any attendees speaking. The agenda focused heavily on abatement applications. The board considered and approved an application for Ampersand, Inc., which plans to establish an advanced solid-state transformer manufacturing and innovation facility in Reno, investing over $18 million and hiring 62 skilled employees. They also approved abatement applications for Comstock Metals LLC for establishing a solar recycling operation in Lyon County, involving a capital investment of almost $12 million and 43 staff. Finally, the board approved abatement applications for Future Form Manufacturing LLC's expansion in Storey County to support growing demand for precision sheet metal assemblies for data center and AI infrastructure, involving a $10.7 million capital investment and 100 new employees.

This Economy Overview report provides a detailed analysis of economic conditions and trends in Elko County, NV. Utilizing the Lightcast Q1 2026 Data Set, the report covers key areas including population dynamics with projections up to 2030, job market trends, educational attainment, unemployment statistics by various demographics, and patterns of inbound and outbound migration. Furthermore, it examines industry characteristics such as largest and growing sectors, business profiles, workforce composition, and in-demand skills, offering a comprehensive regional economic outlook.