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News Release

Haas Automation One Step Closer to Breaking Ground on Henderson Expansion

November 21, 2019
FOR IMMEDIATE NEWS RELEASE
PLEASE CONTACT KATHLEEN RICHARDS, (702) 267-2051

Henderson, Nev. – The land sale of approximately 279 acres in west Henderson that will house Haas Automation’s new manufacturing facility was finalized on Friday, Nov. 15 for a purchase price of just over $27 million.

The land was sold to PEGH Nevada LLC, an affiliate of Haas Automation, which will develop the parcel in three phases. Phase One will be a campus for Haas Automation, the largest machine tool builder in the western world, consisting of three buildings totaling about 2.4 million square feet of manufacturing, warehouse, research and development, office and showroom space. Phase One is expected to break ground in the spring of 2020 and take 30-40 months to complete. Haas is projecting an investment of $200 million and the creation of 2,500 jobs within 10 years with an average annual salary of $64,000 plus benefits.

“Haas Automation is not only bringing skilled manufacturing, engineering and technology jobs that pay excellent wages to Henderson, it’s also a catalyst helping to attract other high-caliber companies that will transform our community’s economy,” said Mayor Debra March. “This land sale is the culmination of a strategic focus on attracting and developing businesses that will strengthen and diversify Henderson’s economy and ultimately provide a better quality of life for current and future residents.”

Haas Automation is working with the College of Southern Nevada to develop curriculum and establish career paths that will prepare the skilled workforce that Haas and other manufacturing employers in the region will need to fill a wide variety of high-paying engineering and manufacturing jobs.

“We looked at several locations and Henderson stood out as a natural choice for Haas’ first major expansion since the company was founded in 1983,” said Haas Vice President Peter Zierhut. “The location was attractive due to the availability of undeveloped land on which we can build from the ground up, proximity to Southern California where our current facility will continue to operate, accessibility of a suitable workforce and a good business climate.”

In Phase Two, about 93 acres will be developed for sale or lease to Haas affiliates, suppliers and other similar commercial and industrial types of businesses with a projected investment of $100 million. Phase Three will consist of about 22 acres of retail and mixed-use development. The City of Henderson retains the right to repurchase the land if development milestones and timelines are not met.

Gross proceeds of the land sale for $27,370,000 will be distributed in accordance with the Southern Nevada Public Land Management Act, which splits revenue derived from sales of federal land in Clark County among the State of Nevada General Education Fund, the Southern Nevada Water Authority and a special account available to the Secretary of the Interior for parks, trails and natural areas.

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