RENO, Nev. (January 21, 2016) – The Economic Development Authority of Western Nevada (EDAWN) announced today that Jet.com, a new online shopping site, has opened a 160,000 square-foot, west coast warehouse and distribution center on USA Parkway in the Tahoe Reno Industrial Center, located east of Reno, Nevada. The company plans to hire 150-180 employees by the end of 2016 and another 350 within five years for more than 500 new jobs to the area.

Jet.com launched nationally in July 2015 with the promise to be the smartest way to shop and save on pretty much anything. Jet shows you items that bring costs down when bought together and lets you avoid costs normally built into prices at other online sites. At checkout, customers can save even more by choosing a lower-cost payment method or opting out of free returns.

“We chose the Reno area due to its strong workforce, fulfilment infrastructure and ability to provide 2-day shipping to most western states in the U.S.,” said Nate Faust, Jet.com COO. “We’re very excited about the new fulfillment center and our presence in the Reno area.”

“Innovation and Storey County have become synonymous for national companies looking for one of the country’s friendliest states for new business,” said Marshall McBride, Chairman, Storey County Board of Commissioners. “We’re proud to welcome Jet.com to our growing list of businesses that are calling the Tahoe Reno Industrial Center and northern Nevada home.”

“It is exciting to see an up and coming e-commerce company choose our region for their growth in the west,” said Mike Kazmierski CEO of EDAWN. “Jet.com has an exceptional business model that has had amazing success with consumers in just a short period of time. We are proud to be a part of this innovative new company’s explosive growth.”

Business partners that assisted Jet.com in their decision to establish themselves here include Storey County, Jones Lang LaSalle-David Cantwell, Intellisource-Scott Walker, Nevada JobConnect, and CBRE-Gordon Zak, Eric Bennett.

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About JET.COM

Launched in 2015, Jet.com is a new kind of marketplace that reimagines online shopping from the ground up. Founded on three simple values – trust, transparency and fairness – Jet is powered by a smart technology that creates more value for everyone, finding innovative ways to pull costs out of the supply chain and, together with its retailer and brand partners, shares those savings with shoppers.

About EDAWN

The Economic Development Authority of Western Nevada is a private/ public partnership established in 1983 committed to adding quality jobs to the region by recruiting new companies, supporting the success of existing companies, and assisting newly forming companies, to diversify the economy and have a positive impact on the quality of life in Greater Reno-Sparks.

Contact:

EDAWN, Norma Yamaji, Associate, Business Development, 775.829.3768, yamaji@edawn.org