New Markets Tax Credit Coalition

Power Gen Components

Power Gen Components is a precision machine fastener manufacturer. The project provided the Company with working capital to help maintain its workforce and benefits during the initial onset of COVID restrictions.

Investment

  • NMTC Amount: $1,920,284
  • Total Project Cost: $2,133,649

IMPACT

  • 201 FTE jobs

Investor

Project Description

Power Gen Components is a precision machine fastener manufacturer. The project provided the Company with working capital to help maintain its workforce and benefits during the initial onset of COVID restrictions.

MAP

Address: 4311 West Oquendo Road, Las Vegas, NV 89118

Census Tract: 32003002962

Other Nevada Projects

Three Square food bank now has three locations as part of its mission of helping those who are hungry and food insecure.
NMTC financing was used to construct and equip a commercial car wash facility in rural Nevada.
Washoe Travel Plaza is a first-of-its-kind NMTC project located on the Washoe Native American reservation in Nevada.

Algorithmic Intuition is a start-up that provides technology solutions to assist with elderly patient monitoring. The solution is cost effective, hardware light, and non-invasive. This project provided Algorithmic Intuition with