On Wednesday, May 24, the held its annual Las Vegas Perspective event, providing discussions on topics surrounding economic development data, analysis and forecasting for Southern Nevada.
Because of the region’s connectivity to global markets, Las Vegas has become one of the world’s premier destinations for the sale, showcase, and distribution of goods from all around the world. Scroll down to learn more.
Key Assets for Nevada's Importers and Exporters
Local Assistance Programs
The Las Vegas Global Economic Alliance promotes Southern Nevada as a prime location for international businesses seeking to do business in the United States. While the region’s connectivity and proximity to major U.S. West markets makes Southern Nevada an attractive place to do business, the LVGEA also has special permission from the US Department of Commerce to operate a Foreign Trade Zone in Southern Nevada to ease the import and export of goods to Nevada.
In a Foreign Trade Zone, a business can:
- Import finished goods for sale or consumption in the US
- Import finished or partly finished goods for reconfiguration to sell domestically or internationally
- Importing components or materials for manufacturing & marketing in the United States or internationally
- Using the foreign trade zone, you can import some components of your products, assemble the finished product in the US, and distribute them all over the world
Harnessing the power of the World Trade Center brand, a globally recognized organization, the Las Vegas International Trade Center will provide high end office space and access to hundreds of Fortune 1000 companies coming to Las Vegas for tradeshows and conventions every year, providing a place for companies to do business 365 days of the year. The World Trade Association stimulates trade and investment opportunities for commercial property developers, economic development agencies and international business looking to connect globally and prosper locally.
Through a unique partnership with the Consumer Electronics Association, the Las Vegas Convention Center is the nation’s only convention center designated as a World Trade Center site and one of the largest convention centers in the United States. Once completed, The Las Vegas Global Business District will host the largest exhibition and meeting space in North America and is within a short distance of more than 150,000 guest rooms and just minutes from the world famous Las Vegas strip.
The Nevada Governor’s Office of Economic Development (GOED) has developed several Global Trade and Investment programs are aimed at both assisting Nevada businesses to begin or expand activities in international markets and also attracting foreign investment to the state. GOED’s trade program works with partners such as the Northern Nevada International Center, the Nevada World Trade Council (NEWTRAC), the Las Vegas and Reno Export assistance Centers (EAC) and the Nevada District Export Council to promote trade, facilitate trade missions, and promote foreign direct investment opportunities.
The U.S. Commercial Service of the U.S. Department of Commerce is the lead federal agency to help promote and develop U.S. exports. The U.S. Commercial Service is dedicated to assisting small-to-medium sized companies that have the capabilities to export a product and or service.
The Las Vegas Export Assistance Center is part of the U.S. Commercial Service’s international network of Export Assistance Centers across the country. The network also includes 165 commercial offices in 82 countries. For more information, visit www.export.gov.
Global Trade Shows
CES is the world’s gathering place for all who thrive on the business of consumer technologies. Held in Las Vegas every year, it has served as the proving ground for innovators and breakthrough technologies for more than 40 years—the global stage where next-generation innovations are introduced to the marketplace. The International Consumer Electronics Show (International CES) showcases more than 3,600 exhibitors, including manufacturers, developers and suppliers of consumer technology hardware, content, technology delivery systems and more; a conference program with 220 conference sessions; and more than 165,000 attendees from 150 countries. And because it is owned and produced by the Consumer Electronics Association (CEA), the technology trade association representing the $208 billion U.S. consumer electronics industry, it attracts the world’s business leaders and pioneering thinkers to a forum where the industry’s most relevant issues are addressed.
Global Gaming Expo (G2E) is the international gaming trade show and conference “by the industry and for the industry.” Organized by the American Gaming Association (AGA) and Reed Exhibitions, G2E made its debut in fall 2001, defining itself as the preeminent show for the gaming-entertainment industry.
G2E is the place to conduct business, connect with peers and learn cutting-edge ways to become a better gaming professional. It offers a 360-degree view of the industry from slots and table games to igaming and food, beverage, and hospitality.
Magic trade show is a highly anticipated event in the fashion industry and it will attract a wide variety of exhibitors from around the globe. The exhibitors will come from different sections of fashion industry and will mainly comprise of manufacturers of casual clothing lines, dress materials, leather goods fur garments and accessories. The wide variety of exhibitors present at the magic trade show will provide a one stop shop for the buyers making the whole process extremely comfortable and convenient.
The Las Vegas Market is one of the largest furniture, home decor, and gift trade shows in the world. Housed at a 5 million square foot, state of the art venue in Downtown Las Vegas, the Las Vegas Market is home to more than 2200 exhibitors and 40 floors of furniture, bedding, lighting, wall art, floor coverings, home textiles, housewares, and lifestyle products.
The SEMA Show is the premier automotive specialty products trade event in the world. It draws the industry’s brightest minds and hottest products to one place, the Las Vegas Convention Center. As part of the AAIW, the SEMA Show attracts more than 100,000 industry leaders from more than 100 countries for unlimited profit opportunities in the automotive, truck and SUV, powersports, and RV markets. SEMA Show 2014 drew more than 60,000 domestic and international buyers.
A long-time fixture of the Nevada economy, the City of Henderson assisted Levi Strauss & Co. in moving a manufacturing and distribution center to Southern Nevada in 1978. Today, the company is thriving, operating in over 1,000,000-square-feet of industrial space, employing hundreds of people and making use of the LVGEA’s Foreign Trade Zone to streamline operations and save money
Scientific Games, headquartered in Las Vegas, is a leading innovator in the global lottery and regulated gaming industries. Beginning with the breakthrough technology that launched the world’s very first secure instant lottery game in 1974, the company has continued to advance the games, technology, programs, marketing research and security that have been a driving force behind the success of more than 300 customers on six continents over the last 40 years. www.scientificgames.com
With a worldwide work force of over 400 people, EBC Brakes is an independently owned and managed leader in the brake market, proud of it’s customers, it’s products, it’s success and its people. EBC Brakes produce the largest range of brake pads and brake discs in the world, with over 5000 part numbers for every type of moving vehicle. EBC Brakes are made in one of its two specialist factories in the UK and USA.
Creative Tent International, Inc. (CTI) based in Henderson, NV, is a leader in the engineered fabric tension structure space serving commercial, industrial, and military markets in more than 60 countries throughout the world. Our USA-made fabric tension structures range from 20 feet to 200 feet wide, and lengths from 20 feet to any length required; many of our structures are hundreds of feet long. We have more than 50 years of experience in design, manufacturing, sales, and service to the fabric tension structure industry and we provide customer solutions world-wide.
Barrick is a leading mining company focused on gold, growing its cash flow per share by developing and operating high quality assets through disciplined allocation of human and financial capital and operational excellence.