SUBMITTED NEWS RELEASE
At least 18 new jobs will be coming online in the Greater Reno-Tahoe area thanks to a recent announcement by local cheese supplier, Pacific Cheese Company, Inc., that it’s expanding its Reno manufacturing facility, and Consolidated Agency Partners, a multi-state insurance agency that opened its headquarters in Reno.
Pacific Cheese Company, Inc., a leading supplier of premier-quality natural cheeses headquartered in Hayward, Calif., is opening its cheese processing division at its manufacturing facility at 8950 Double Diamond Parkway, as a result of acquiring Chateau Cheese Corporation of Vernon, Calif. The company will hire 16 employees, including a vice president of processing, director of quality assurance, production manager and production associates, among other positions. Interested applicants should visit the company website and apply online. The expansion represents a five-year economic impact to the region of $66,344,470. It’s estimated that as a result of the expansion, a total of $944,177 in state and county taxes will be generated over the next five years of operation.
The company opened its manufacturing facility in Reno, Nev., in 2004 and a variety of factors played into the region topping the list of locations for its expansion. “Once we acquired Chateau Cheese Corp., the decision to locate our cheese processing division in Reno was an easy one to make,” said Dale Tate, chief financial officer of Pacific Cheese Company. “The pro-business tax climate, aggressive state incentive programs, location to the west coast and our headquarters in Calif., were all paramount in helping us make that decision.”
Jeff Brigger of NV Energy Economic Development and the Economic Development Authority of Western Nevada (EDAWN) assisted Pacific Cheese Company in its expansion, including representing the company in its application for state incentives at the Nevada Commission on Economic Development (NCED) meeting, February 15. Other key community partners who provided assistance include: Doug Browne, Devcon Construction; the City of Reno, Washoe County, Washoe County School District and NCED.
Consolidated Agency Partners provides an innovative business model for the insurance industry that combines clustering, networking, wholesale brokerage and retail insurance agent marketing, sales and support services to support its member agencies. The company’s acquisition of reputable local insurance agency, Menicucci Insurance Associates, marks Consolidated Agency Partners’ entrance into the Reno market. The new company, located at 190 Huffaker Lane, will hire two new employees as a result of its acquisition of Menicucci Insurance and retain nine existing employees.
Consolidated Agency Partners represents a five-year economic impact to the region of $24,974,073. It’s estimated that as a result of the company’s relocation to Reno, a total of $351,911 in state and county taxes will be generated over the next five years.
The company cited Reno-Tahoe’s favorable tax structure, improved cost of living, diverse lifestyle and affordable real estate among the top reasons for moving their company to the region.
“Consolidated Agency Partners is pleased to establish this exciting new company in Reno, and given recent changes in the Property and Casualty market segment, we anticipate rapid growth of our company in the coming years,” said Craig Fuher, president and chief operating officer of Consolidated Agency Partners.
EDAWN worked with Scott Shanks of NAI Alliance to assist the company in its relocation.
About Pacific Cheese Company, Inc.: Pacific Cheese was established in 1970 by Ray and June Gaddis in Hayward, Calif., and quickly became the West Coast’s original broadline cheese supplier. As industry pioneers, they were instrumental in the expansion of the California cheese industry and laid the groundwork for the company’s growth into one of the country’s leading suppliers of premier-quality, natural cheeses. Today, a second generation of the family, led by Steve Gaddis continues the company’s success and industry leadership. For more information, visit www.pacificcheese.com.
About Consolidated Agency Partners: Consolidated Agency Partners is a multi-state insurance agency headquartered in Reno, Nev. The company brings insurance carriers and small independent agencies throughout the western United States together in a cost effective way by combining a cluster of services and resources. For more information, visit www.cap-1.com.
About EDAWN: EDAWN is a private, non-profit corporation founded by community leaders in 1982. EDAWN works to recruit and expand quality companies that have a positive impact on the quality of life in Greater Reno-Tahoe. Reno was named the No. 1 Place for Doing Business in America 2005 by Inc. magazine. For more information, visit www.edawn.org.
