Home>775Times>Redwood and Uptip Are Among the Technology Businesses Expanding or Migrating to Northern Nevada

Redwood and Uptip Are Among the Technology Businesses Expanding or Migrating to Northern Nevada

By TheNevadaGlobeStaff, December 20, 2022 7:12 am

RENO, Nev. (775 Times, NV Globe) – Earlier this month, the Peppermill’s Tuscany Ballroom was packed with officials from firms that are either new to or expanding in our region.

“We were in the bay area years ago and companies said they would never move to Reno,” explained EDAWN CEO Mike Kazmierski.

Reno, according to Kazmierski, was once considered only an aging gaming community. But that has changed, and it is now a great location for technology and industry.

“We have not had to work that hard to attract companies in the last few years. More and more companies are coming our way,” he explained.

On December 8th, 27 firms attended EDAWN’s welcoming ceremony, including Uptip, which is relocating here from San Francisco.

“we’re a young company,” explained CEO Eric Plam. “We anticipate having 20-30 employees in the next year or two.”

Plam claims his company has developed a system that uses QR codes to allow individuals who don’t carry cash to tip, and he thinks Reno is not just a more inexpensive location to live than the bay region, but it’s also ideal for his business model.

“There is an acute labor shortage in the hospitality industry,” Plam mentioned.  “We help workers to get more income.”

Utip claims to have already teamed with the Atlantis here in town.

Redwood Materials is a corporation that is expanding rather than relocating here. A corporation dedicated to the recycling of lithium-ion batteries. JB Straubel founded it after 15 years as Chief Technology Officer at Tesla, which seems appropriate.

“We’re committed to spend $1.1 billion over the next decade to build the first US based battery materials campus  in the Tahoe Reno Industrial Center,” explained Alexis Georgeson, a VP at Redwood.

According to Georgeson, Redwood already has roughly 600 workers and plans to hire an additional 700 as part of their expansion. She claims that those jobs will pay an average of $32 per hour.

Credits: KoloTV

Copyright 2022 775 Times, NV Globe. All rights reserved.

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