In Nevada, Edgewood Renewables, LLC plans to establish a biorefinery, manufacturing and distribution facility in Clark County. Edgewood is in the process of constructing a biorefinery on the site that will produce more than 120 million gallons of Renewable Diesel and Sustainable Aviation Fuel (SAF) each year. It was approved for $11,720,431 in tax abatements. It is projected to create 60 jobs in the first two years of operation at an average weighted hourly wage of $40.71. This company will make $96,509,000 capital equipment investment in the first two years of operation and generate $21,613,752 in new tax revenues over the 10-year abatement period.
Tags: Edgewood Renewables, Nevada
Category: Fuels