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Officials: Businesses not sold on Nevada – losing companies to "giveaway" states

Nevada has been losing companies to "giveaway" states that offer free land, buildings and other incentives if owners will move their businesses there, Hollingsworth added.

Too many business owners think about Nevada only as a place to gamble, not as a place where they could relocate their businesses, two economic development officials told legislators Wednesday.

To attract their attention, Nevada must spend far more advertising the business benefits the state offers or companies will go elsewhere, the development duo said.

Somer Hollingsworth, president of Nevada Development Authority, and Chuck Alvey, president of Economic Development Authority of Western Nevada, were addressing an interim legislative committee studying transportation and infrastructure issues.

"The latest was Hewlett-Packard," he said.

By ED VOGEL
REVIEW-JOURNAL CAPITAL BUREAU

Full Story: http://www.lvrj.com/business/officials–businesses-not-sold-on-nevada-95492344.html

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