Redwood Capital Investments has been making big moves in Northern Nevada. The company recently pledged to invest $5.1 million in capital equipment, and has since doubled down on the area with an exchange for $1.1 billion in capital Investments.
Redwood's mission is to build a circular supply chain to power a sustainable future. To do this they are partnering with some of the world's most innovative companies, such as Tesla, Panasonic, and Amazon, to both create jobs and reduce waste. Additionally, these companies will make capital Investments of $3.5 billion in a factory on the edge of Reno, in Sparks.
In 2014, Redwood Capital Investments purchased the world-famous steel mill in Storey County. The mill is now occupied by a shipping and logistics center. This purchase reflects a trend of invest showing great interest in Northern Nevada, due to the area's low cost of living and business-friendly environment.
Redwood is also planning to invest in long-standing family-owned businesses across a range of industries. This includes a joint venture with SQN invest LP, a long/short equity invest adviser focused on Investments in technology and healthcare.
Furthermore, Redwood has recently partnered with Aquiline Capital Partners LLC, a private equity firm based in New York. Redwood's CEO, Mark Leavitt, previously served as CEO of growth-focused companies Redwood Analytics and MMIT. This partnership will allow Redwood to access Aquiline's extensive network of resources.
Redwood Capital Investments is proving to be a major player in the Northern Nevada area. The company is invest in both capital equipment and long-standing family-owned businesses, and is partnering with some of the world's most innovative companies to create jobs and reduce waste. With the help of their new partnership with Aquiline Capital Partners LLC, Redwood is sure to make even more waves in the area.
