Vegas firms seek tax breaks
Friday, Sept. 7, 2001 | 10:36 a.m.
Two Las Vegas-area companies -- one new, one expanding -- are seeking nearly $500,000 in tax incentives from the state of Nevada.
The applications of Metro Press Inc. and the Griffin Group will be considered at the Sept. 12 meeting of the Nevada Commission on Economic Development. Together, the two companies plan to add 63 jobs to the local economy.
Griffin, a wholly-owned subsidiary of Cardinal Health Inc., plans to add 32 jobs to its service and financial processing center on East Flamingo Road in southeast Las Vegas, at an average wage of $16.29 per hour. The company is purchasing nearly $3.5 million in computer equipment for the expansion, and is asking for a sales and use tax abatement on that equipment of $182,489. Griffin is also seeking an abatement of its business -- a quarterly tax paid per employee -- of $6,400.
Griffin is also requesting a personal property tax abatement of up to $54,000. This request must be separately approved by Clark County and the Clark County School District.
Metro Press is a new printing company that would produce items such as magazines, catalogs and directories. It says it wants to capture existing printing accounts currently handled in nearby states, such as Utah, Arizona and California. The company plans to invest $4.7 million in equipment, and create 31 jobs at an average wage of $18.24 per hour.
Metro Press is seeking a sales/use tax abatement of just under $250,000 and a business tax abatement. The company has yet to select an exact location for its plant, and has told the commission its decision to locate the business here is dependent on the incentives.
A public hearing on the requests will be held Sept. 12 at 9:30 a.m., at the Sawyer Office Building, Room 4401, in Las Vegas.
archive
- Most Read
- Discussed
- Most E-mailed
- Binion’s to close all 365 rooms, lay off 100 workers
- Scuffle in pub parking lot leads to attorney’s arrest
- Rebels enter hoops rankings at No. 24
- Palin craze puzzling, given ’08 disaster
- The ins and outs of CityCenter traffic
- Harrah’s moves ahead with Planet Hollywood deal
- Man arrested for DUI after crashing into high school’s wall
- MGM Mirage begins lifting veil on CityCenter today
- Henderson postpones vote on massage parlor law
- Vdara hotel marks opening of CityCenter
Blogs
The Kats Report
Dissimilar landmarks -- Binion's and CityCenter -- reflect today's Las Vegas (2 Comments)
High School Sports Scene
Prep Football: State Championship
Elsewhere
UFC debut in Boston likely July or August (1 Comment)
The Kats Report
Planet Hollywood's Thomas McCartney headed for Tropicana (15 Comments)
Elsewhere
LV woman robs Kentucky strip club, police say (5 Comments)
Las Vegas Sands' Hong Kong IPO flops (3 Comments)
The Kats Report
Monday List: Top 13 Moments and Observations From Thanksgiving Weekend (4 Comments)
Calendar »
- 2 Wed
- 3 Thu
- 4 Fri
- 5 Sat
- 6 Sun
-
Nic Faniciulli at Godskitchen
Body English | 10:30 p.m. to 11:59 p.m.
-
Mischieve Wednesdays at T&T
Tacos and Tequila
-
Ben Sherman gift bag giveaways at Wasted Space
Wasted Space | 10 p.m. to 11:59 p.m.
The Sun
Locally owned and independent for more than 50 years.
Technorati





