Business Beat: Air Conditioning Demand Sizzling Hot, Changes On Tap For Former Reno Bottling Plant
Here’s the latest business news from around Northern Nevada, with Business Beat from the Northern Nevada Business Weekly.
Demand For Air Conditioning, HVAC Systems Up
The air outside isn’t the only thing that’s been hot lately. Demand for air conditioning and HVAC systems are, too.
Reno-based Sierra Air says they saw revenue grow by 26.5% last year, compared to the year before. The company says with people spending more time at home, many were concerned about air quality, especially during the pandemic.
Carson City-based Roper’s Heating and Air Conditioning is seeing double-digit growth already this year, as temperatures reach more than 100 degrees in some areas.
Read more about A/C demand heating up at nnbw.com.
As a note of disclosure, Sierra Air is a financial supporter of KUNR.
Businesses Won’t Be Forced To Pay Higher Unemployment Insurance Due To COVID-19
Many businesses were forced to lay off workers due to the economic and health impacts of the coronavirus pandemic. But these companies won’t be forced to pay higher unemployment insurance premiums because of it.
Typically, businesses with higher turnover pay higher premiums. But the Nevada Department of Employment, Training and Rehabilitation announced last week that it would not include claims from the last three quarters of 2020 and the first two quarters of this year.
State officials say the results of pandemic-related shutdowns and increased levels of unemployment insurance fraud should not get passed on to businesses.
Former Bottling Plant On Tap For Renovations
A huge building that’s been vacant in Reno since the 1980s could be on tap for some new renovations.
Reno-based real estate investment firm Highway Ventures, LLC recently purchased the old Reno Brewing Company bottling plant on Fourth Street. The price? More than $2.2 million. The owner says he plans to convert the 13,000 square foot space to an open-air marketplace.
Kaleb Roedel is a KUNR contributor and reporter with the Northern Nevada Business Weekly. For more business news, check out the Northern Nevada Business Weekly at nnbw.com or in print on Wednesdays.