Effects that will ripple through Northern Nevada
"I already know of some wage studies happening in the area for current companies that are here and they give justification for (staff) to go back to their corporate offices to say, 'Hey, we're gonna have to make some bumps,'" he said. "All that's positive. It brings wages up throughout the region."
This is just one of the indirect effects that will ripple through Northern Nevada because Tesla has decided to locate the largest battery factory in the world just east of town in the Tahoe Reno Industrial Center.
What all of the changes will look like is too soon to tell, but some area people and businesses already are capturing glimpses.
Mike Kazmierski, president and CEO of the Economic Development Authority of Western Nevada, said, "We have already received numerous calls from companies that heard Tesla is coming here and want to visit and a few that have already decided to relocate here."
Other positive signs involve being expected are higher home values, more investment capital, an improved Reno image nationwide and more work for companies already here.