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ANNOUNCEMENT: MAG Aerospace, headquartered in Fairfax, VA, opens a 25,000 SF Technology Integration and Support Center in the Fort Walton Beach Commerce & Technology Park in Northwest Florida. The company will focus on the integration of Air Force Special Operations, Special Warfare systems and employ 50+ technology engineers. It will be the first technology facility that will house both military and private sector engineers with a single integrator. Full article.
Beast Code is expanding in Fort Walton Beach, Okaloosa County, creating over 40 high tech jobs in Northwest Florida. The company provides operational training, modeling and simulation and data mining services, primarily for the military. Beast Code’s expansion will include an acquisition of new equipment, developing a quality assurance area, and building collaborative work spaces. Full article.
Catalyst Fabric Solutions located a new manufacturing facility in Marianna, Jackson County, FL. The company is expected to create over 100 new jobs in Northwest Florida. Catalysts is a leading fabric finisher in the United States. The company will offer an array of custom printed fabrics, such as aroma and scent, cooling, and repellant finishes. Full article.
Skyborne Technology is locating in Wewahitchka, Gulf County, FL. The company is anticipating creating 100 high tech aerospace jobs to the region. Skyborne designs and develops manned and unmanned next generation aviation systems. The company will develop aviation products for target markets such as Agriculture Assessment, Communications, Education, Defense, Border Security, Health, Natural Disasters, Policing and Traffic Control. Full article.
Revint Solutions is locating their finical services business unit to Lynn Haven, Bay County, FL. Lynn Haven will become their regional headquarters, and the new service center will create 150 new jobs in the area. Revint Solutions is an industry leader in collections and consulting services with over 1,600 healthcare organization clients in the U.S. Revint has recovered over $475 Million of underpaid or unidentified revenue for their clients annually. Full article.
French-based Butterfly Training will open its U.S. headquarters in Panama City at Gulf Coast State College. The company offers numerous e-learning and cloud-based training courses, focused on airport security, safety and dangerous goods, airlines, and aviation manufacturing companies. Full Article.
OMNICOMMANDER, located in Miramar Beach, Walton County, is a technology company specializing in Credit Union Website Design, Social Media Marketing and branding solutions. The company currently employs more than 20 Floridians and will create 30 new high wage jobs. Full Article.
ST Engineering opened its new maintenance, repair and overhaul hangar located at the Pensacola International Airport. The hangar is large enough to accommodate two Boeing 777s, four Boeing 757s or six aircraft in Airbus' A320 range. The $46 million-dollar project was made possible through a combination of funds from the state, county, city and the company. It will employ 400 professionals. Full Article.
Foreign-owned automotive supplier, Air Temp de Mexico, locates US HQ in Panama City. Proximity to 12 automotive OEMs in the Southeast like Volkswagen and Nissan, and Port Panama City, are reasons for their expansion to Northwest Florida. The company will create 50 new jobs in phase one and make a capital investment of $6 million. Full article.
Allegiant Air establishes a new aircraft base at Destin-Fort Walton Beach Airport. The company will create 65 new jobs and invest more than $49 million. Allegiant plans to begin hiring pilots, flight attendants, maintenance technicians and ground personnel to support operations. Positions are expected to offer average salaries more than double the area's average wage. Full article.
The U.S. Air Force selects Tyndall Air Force Base for the MQ-9 Reaper wing, the most advanced unmanned aerial vehicle in the world. The program will bring 1,600 jobs and $250 million in new construction at the base. Tyndall AFB was selected because there are fewer aircraft competing for air space, nearby training ranges, great weather and lower up-front costs. Full article.
Home-grown Eastern Shipbuilding, an innovator in marine construction and repair, lands $10.5 billion contract to build two dozen new U.S. Coast Guard cutters. Because of the contract, Eastern Shipbuilding will create 2,000 new jobs in Panama City. At a cost of around $484 million per ship, it’s the largest contract the Coast Guard has ever awarded in its 226-year history. Additionally, it just broke ground on an outfitting and repair facility in Port St. Joe, Gulf County to work on Staten Island Ferries and more. Full article.
UK-based GKN Aerospace, one of the world’s largest suppliers to the international aviation industry, will build a new manufacturing facility for advanced technologies in Panama City. GKN will create 170 new jobs and make a capital investment of more than $55 million. The company selected Panama City because of the existing talent, education system to support future employees, ability to recruit people, and good strategic location. Full article.
Navy Federal, the largest credit union in the world, is expected to have a $1 billion capital investment in Pensacola, a $425 million payroll and 10,000 employees working on the local campus. The company has continued to grow and expand in Pensacola since 2003 and is on target to hire 10,000 employees. Full article.
Fabbro Marine, a local manufacturer of Cape Horn offshore boats, is the first to expand on Gulf Power’s Florida First Sites, the first regional site certification program to develop project-ready industrial sites. The company is located at the Santa Rosa Industrial Park East in Milton, Fl. The company currently employs 30 people with wages 115% of the local area and will create 10 new jobs and invest $4 million. Full article.
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