The Governor’s Office of Economic Development in Nevada awarded tax abatements to three companies May 14 that have pledged to make nearly $158 million in capital improvements in North Las Vegas.

Two of the tax-abatement recipients are biofuel or alternative fuel companies: Edgewood Renewables and Forge Industries.

“North Las Vegas continues to strengthen its position as a hub for advanced manufacturing, clean energy and innovative technology, and we are proud to welcome the continued growth and investment from companies like Edgewood Renewables, Forge Industries and Taylor Print,” said North Las Vegas Mayor Pamela Goynes-Brown. “Each of these organizations brings quality jobs, new capital investment and long-term economic opportunity to our community. Their decision to expand and build here reflects the strength of our workforce, our infrastructure and our commitment to supporting business success at every stage. We look forward to seeing their impact grow as they become an even greater part of the fabric of North Las Vegas.”

Edgewood Renewables, a biofuel manufacturing company, is slated to make $138.7 million in capital-equipment investment and create 60 jobs.

In addition, the company is projected to generate nearly $17 million in tax revenue over the 10-year abatement period.

“We could not be more excited to be locating the Edgewood Renewables renewable fuel refinery, fuel hub and terminal in North Las Vegas, Nevada,” said Edgewood Renewables CEO Steve Harrington. “The site not only provides us with strategic access points to our key markets, but also an incredible workforce that we hope to continue to build with. We chose Southern Nevada because we felt wanted and welcomed. The state of Nevada and its citizens share an optimism and enthusiasm for creating opportunities through business and we look forward to being a great partner in achieving that mission.”

Forge Industries has developed an innovative, sustainable manufacturing model that converts nonrecyclable waste into alternative fuel for industrial use.

Its plan to establish a 105,000-square-foot facility in North Las Vegas represents a significant commitment to the community.

The company plans to make nearly $14 million in capital-equipment investment and create 16 jobs.

Forge Industries will generate nearly $5.4 million in tax revenue over the 10-year abatement period.

“Forge is beyond excited to have our first U.S. production facility headquartered in North Las Vegas,” said Chelsea Boyle, CEO of Forge Industries.