Eco Waste Conversion, a waste-to-energy company, took a major step toward locating in Southern Nevada after the Nevada Governor’s Office of Economic Development approved the company’s incentive package.
The company, which is headquartered in Irvine, California, is actively vetting sites in Southern Nevada for its waste conversion facility. The company plans to make a $32 million capital investment and hire 58 employees by the end of its first year of operations.
Until recently, Eco Waste Conversion had been examining multiple locations throughout the Western United States, including Colorado, California, Idaho, Nevada. After an economic feasibility analysis, the company chose Southern Nevada for its overall incentive package, pro-business climate, quality of life, and infrastructure connectivity.
“It’s (Las Vegas) is getting to be more and more of a hub on the West Coast for distribution,” said Steve Rockey, co-founder of Eco Waste Conversion, in remarks to the Board of Directors of the Nevada Governor’s Office of Economic Development.
The board of Governor’s Office of Economic Development approved the incentive package for Eco Waste Conversion at its January meeting. Company representatives said the project should be operational by mid-2015.