LAS VEGAS (FOX5) — Hyve Solutions Corporation has received approval for tax abatements from the Nevada Governor’s Office of Economic Development as the company establishes advanced manufacturing operations in North Las Vegas, bringing an estimated 240 jobs to the area.
The company designs and builds customized servers, storage and networking equipment for cloud and artificial intelligence providers.
Jobs and wages
Hyve plans to create approximately 240 computer hardware manufacturing jobs over the next two years, with an average wage of more than $38 an hour.
State officials estimate the project will generate about $19.5 million in state and local tax revenue over the ten-year abatement period.
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Local and company reaction
North Las Vegas Mayor Pamela Goynes-Brown said Hyve fits the city’s economic development vision and has committed to being a “good community partner” by supporting workforce training with local schools and community groups.
Company President Jerry Kagele said Nevada provides Hyve the space, workforce and business climate it needs to grow. Kagele called the new facility a chance to create long-term careers for Nevadans as demand for AI hardware continues to rise.
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