Redwood Materials approved for over $100m in tax incentives

Redwood Materials was approved for $105.6 million in tax incentives by the Nevada Governor’s Office of Economic Development. The battery recycling company, founded by former Tesla co-founder JB Straubel, will receive the incentives in exchange for investing over $1.1 billion in Storey County, the Reno Gazette-Journal reported. Nevada Governor Steve Sisolak pointed out that Redwood … Continue reading Redwood Materials approved for over $100m in tax incentives