R&O Construction Invests in Southern Nevada

LAS VEGAS (July 2, 2014) — R&O Construction is giving back in a big way, joining a growing number of businesses that support Las Vegas’ global economic development efforts.

R&O Construction recently invested in the Las Vegas Global Economic Alliance’s (LVGEA) Engage Southern Nevada investment campaign, which launched in the fall of 2013 and is a three-year effort to raise $7.5 million for regional economic development. Thanks to companies such as R&O Construction, the effort is continuing to make momentum.

The Engage Southern Nevada effort, strategic budget and the LVGEA strategic plan were released last fall after a multi-year effort to reform the regional economic development systems in southern Nevada. Since its reformation in 2012, the LVGEA has brought on new leadership, greatly enhanced the size of its team and developed partnerships in the southern Nevada region.

R&O Construction joins other notable investors including Aerotek; Barclaycard US; CB Richard Ellis; Coldwell Banker Premier Realty; EastWest Bank; Holland & Hart LLP; Knutek MD; Nevada State Bank; Realty Executives of Nevada and Southern Nevada Home Builders Association.

“R&O Construction is another example of corporate leadership in our community,” said Terrence Thornton, LVGEA director of investor services and development. “This investment reinforces the importance of what we’re doing at the Las Vegas Global Economic Alliance. Our success is catching on in the region, and we’re proud to have R&O Construction join our growing list of investors.”

Previously, the LVGEA announced that other campaign investors include Bank of America; Barrick Gold; CenturyLink; Fair, Anderson & Langerman; JPMorgan Chase Foundation; Juliet Companies; Martin-Harris Construction; NV Energy; Snell & Wilmer; Sunrise Hospital; Switch; The Eastridge Group of Staffing Companies; The Howard Hughes Corporation; The KeyState Companies; The PENTA Building Group; and Virgen Advertising.

The Engage Southern Nevada investment campaign surfaced as a part of the LVGEA’s strategic plan. The LVGEA’s board voted unanimously to endorse a $5.3 million strategic budget for the LVGEA, which is the largest budget in the LVGEA’s history. The plan called on the organization to implement four strategic imperatives: Achieve and Maintain Operational Excellence; Lead, Facilitate and Steward Economic Development Efforts in the Region; Elevate Southern Nevada’s position as a Global Business Destination; and Become an Engine of Community Development.

More information on investing in LVGEA can be obtained via email at the LVGEA Investor Services Department at [email protected].