LAS VEGAS (AP) — A southern Nevada economic development agency says its efforts have attracted 27 new companies and 940 new jobs to the state during the tough economic climate of the past fiscal year.

Nonprofit Nevada Development Authority says its work in also helped seven existing companies to expand and add 257 jobs with an average wage of about $18 an hour.

The new or relocated businesses report their average wages are nearly $25 an hour.

NDA officials say the businesses include manufacturing, recycling, renewable energy and technology companies.

The organization says its goal is to diversify the southern Nevada economy by bringing businesses that complement Las Vegas’ existing tourism and gambling industries.

NDA compiles economic information and educates businesses on the benefits of relocating or expanding in southern Nevada.

Copyright 2011 The Associated Press.


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