RENO — 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 Thursday 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 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.
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.
This fiscal year, EDAWN and partners have assisted in the relocation of three corporate headquarters to the region.
For more information, visit www.edawn.org.