SUBMITTED NEWS RELEASE
California-based executives Jason Weiss and Joe McCaslin have acquired Lambertson Industries, Inc., located in the Tahoe-Reno Industrial Center (TRIC) in Storey County, creating their corporate headquarters in Greater Reno-Sparks-Tahoe.
Weiss, a former owner of a major California-based steel company and McCaslin announced plans Wednesday at the Peppermill Resort Spa and Casino during a press conference hosted by the Economic Development Authority of Western Nevada (EDAWN).
As the company’s first order of business, they announced the company will continue operating under Lambertson Industries and stay in their existing facility in TRIC, and plans to create 52 jobs in the five years of operation, hiring 27 employees by 2013. The acquisition and new jobs will generate over $62 million in economic impact to the Greater Reno-Sparks-Tahoe region in five years.
For nearly a decade, Lambertson has manufactured commercial stainless steel products. The new ownership is planning to aggressively grow the existing stainless steel product offerings and to immediately begin producing other manufactured steel products.
“Today is an exciting day for the state of Nevada and the employees of Lambertson Industries, “said Weiss. “Through the efforts of EDAWN and Plumas Bank we are thrilled for this opportunity and look forward to a long lasting relationship with the local community.”
Getting the attention of corporate executives in California to move or start new operations in Northern Nevada is a key to EDAWN’s marketing strategy to create quality jobs in the area.
“It is exciting to see the continued growth of manufacturing in the Reno-Sparks region and Lambertson’s announcement is especially important, as it reflects a growing trend of California-based executives looking to Northern Nevada as a place to do business,” said Mike Kazmierski, president and CEO of EDAWN. “The addition of a corporate headquarter to the region not only adds high paying jobs, but also more wealth and leadership support to the local community, adding to our already business-friendly environment.”
This fiscal year, EDAWN and partners have assisted in the relocation of three corporate headquarters to Greater Reno-Sparks-Tahoe.
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-Sparks-Tahoe. In 2012 Nevada was named the No. 3 Most Business Friendly Tax Climate by the Tax Foundation and Reno was among the 50 “Best Places to Live” in BusinessWeek magazine. For more information, visit www.edawn.org.