Arbitech, LLC
64 Fairbanks, Irvine, CA 92618
Date: September 12, 2023 Brandon Seedorf, Chief Operating Officer
Application Facts: Company Profile
Industry Transportation, Warehousing & Utilities
NAICS
423430
Type of App
New
Location
Clark County
RDA
LVGEA, Mitch Keenan
Tax Abatement Requirements: Statutory
Company Application Meeting Requirements
Job Creation 50 54 Yes
Average Wage $29.28 $38.61 Yes
Equipment Capex (SU & MBT)
Equipment Capex (PP)
Additional Requirements:
65% 74%
Yes
51% 80%
Current Pending
Will comply
Total Tax Liability (without tax abatements)
Direct (company)
Total
$741,489 $8,730,026
Tax Abatements Contract Terms
Estimated Tax Abatement
Sales Tax Abmt. 2% for 2 years
$67,187
Modified Business Tax Abmt. 50% for 4 years
$76,567
Personal Property Tax Abmt. 50% for 10 years
$22,034
Total Estimated Tax Abatement over 10 yrs. $165,788
Net New Tax Revenues Direct
Indirect Taxes after Abatements
Local Taxes
Property $541,464 $3,751,460
$4,292,924
Sales $35,063 $2,088,190
$2,123,253
Lodging
$0
$116,812
$116,812
State Taxes
Property $29,615 $218,279
$247,894
Sales $29,615 $699,398
$729,013
Modified Business $401,773 $615,040
$1,016,813
Lodging $0 $37,529
$37,529
Total Estimated New Tax Revenue over 10 yrs.
$1,037,530 $7,526,708
$8,564,238
Economic Impact over 10 yrs. Economic
Construction Total
Total Jobs Supported 193 8 201
Total Payroll Supported $112,408,838 $545,934 $112,954,772
Total Economic Value $369,427,698 $1,573,212 $371,000,910
IMPORTANT TERMS & INFORMATION
Tax Abatements are reduction or discount of tax liability and companies do not receive any form of payment.
Total Estimated Tax Abatement is a tax reduction estimate. This estimated amount will be discounted from total tax liability.
Estimated New Tax Revenue is amount of tax revenues local and state government will collect after the abatement was given to
applying company.
Economic Impact is economic effect or benefits that this company and it's operations will have on the community and state economy
measured by total number of jobs, payroll and created output.
Health Insurance
Arbitech, LLC (Arbitech) is considering establishing a 50,275 sq. ft. headquarter,
distribution, and fulfilment facility in Henderson. Founded in 2000, Arbitech has
become the world’s leading independent distributor of data center products. Over
two decades, Arbitech has developed a network of supply sources that enable its
customers to choose from a comprehensive catalog of the latest technology
products as well as constrained and End Of Life (EOL) items that aren’t always
available through conventional distribution options, yet are vital to continuing
operations for many organizations. The company's distribution center stocks and
ships servers, storage, and networking products on a daily basis. From its
configuration room, the company offers complete server, blade, storage, and
networking configuration, performed by Arbitech’s certified engineers.
Arbitech has enjoyed solid growth since inception, and attributes much of its
success to the local community and the family environment that has been a
corner-stone of the business. Throughout the year, Arbitech participates in and
donates to a variety of organizations including American Red Cross, Boys & Girls
Club, and Make a Wish (amongst others). The company also considered
Pennsylvania, South Carolina, and Kentucky as potential locations for the
project. Source: Arbitech, LLC
Revenues generated outside NV
Business License
$1,053,915$1,000,000 Yes