Lance Gilman's industrial park is red hot

Reported by: Terri Hendry
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Updated: 9/05/2014 9:22 am
Storey County, Nev. ( & KRNV) Tesla wasn't the only major announcement made today that will impact northern Nevada. Fulcrum BioEnergy said it will build a $200 million dollar facility in the Reno-Tahoe Industrial Park. Company officials made the announcement during a clean energy summit in Las Vegas stating it will create 600 construction jobs and 100 permanent jobs within two years. The company turns garbage into jet fuel. It is planning a $25 million dollar facility next to the Lockwood landfill.

Pat Whitten, Storey County's Manager said the project has been in the works for several years now. He said, "The plans have changed, the dynamics have changed over the years but we're really excited." He added, "This is a high quality California company that wants to do business in Nevada because of the ease of permitting, increasing the speed to verticle. We remove the scheduling risks and get them up and running quicker."

The company recently secured a $105 million dollar Department of Energy loan guarantee. Whitten said the loan would pay a very substantial portion of the project.

Another major project already underway is a 700-thousand square foot distribution center for the company, ZuLily. Whitten said, "We're just putting the finishing touches on it and it will bring another 1,000 jobs."

Developer Lance Gilman said interest is high in the industrial park from many other companies. Gilman said, "I probably have about 15 companies on my laptop right now that area all considering relocating to Nevada." He told News 4 by the end of the year, at least 10,000 new jobs will have been created.

As for when Fulcrum will begin construction, the company website said contruction has already begun with the engineering, grading and site preparation in full swing.

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Kramer - 9/5/2014 1:06 PM
0 Votes
In CA U get a tax credit over and above the Obamaenergy credit if u buy one

Kramer - 9/5/2014 1:05 PM
0 Votes
it's really about cheaper land and labor costs. few "regular" Nevadans will buy a Tesla, those that do just love the low taxes, not prices.

Kramer - 9/5/2014 1:03 PM
0 Votes
"increasing the speed to vehicle" sounds like Tesla, not Fulcrum. Binge-ing on business-speak, nuttin' like it.

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