Reno 3PL News: Tesla Motors Chooses Reno for 3PL and Tax Benefits
Tesla Motors recently broke ground in Reno for their ‘Gigafactory’ where they will work to manufacture and distribute power cells for their electric powered cars. Tesla said they evaluated sites in New Mexico, Texas and Arizona but it seems Nevada was the front runner. Each contending state competed to offer tax breaks and incentives but Reno was the top contender because of its advantageous location and logistics environment.
Like Tesla, many companies choose to locate their distribution operations in Reno. The state of Nevada is ranked 3rd in the 2013 State Business Tax Climate Index, compared to California ranking at 48. Nevada has various business incentive programs to attract relocation to the Northern Nevada area including sales and use tax abatement, sales and use tax deferral and personal property tax abatement. Nevada does not have state income tax,unitary tax,corporate income tax, inventory tax, franchise tax or special intangible tax.
Partnering with Hopkins Distribution as your 3PL company will entitle you to all of the distribution benefits and advantages mentioned above. Contact Hopkins Distribution to discuss your specific West Coast distribution needs today. Tesla is moving here, why not you?