This week, business and community leaders in Northwest Florida celebrated the newest manufacturer to join our growing family – Central Moloney Inc. (CMI). CMI is an Arkansas-based company that manufactures and distributes electrical transformers and their components. This announcement marks the opening of their sixth facility, the first outside of its home state, creating more than 200 new jobs.
CMI is locating in an existing 140,000 sq. ft. state-of-the-art manufacturing facility in VentureCrossings Enterprise Center in Panama City, Florida just two miles from the Northwest Florida Beaches International Airport. Chris Hart, CEO of CMI, said at the welcome celebration that this announcement was a commitment to continued growth.
“Back in Arkansas we have a saying, and it goes - the only way to coast is downhill. And that’s a mantra for us,” said Hart. “But here’s what I say today – this move, the only coast it represents is just a few miles down the road. Because for us, we’re going to make this big, with your help.”
Florida’s Great Northwest identified the company as having growth potential and being a possible fit for Northwest Florida. Code-named Project Lightning Strike, the company learned about the unmatched advantages within the region’s manufacturing sector and spent time learning about the numerous opportunities for growth in the region before ultimately selecting Bay County for its expansion. To learn more about the resources available to company executives about the site selection search and process, contact one of our FGNW team members today.
APPLICATION WINDOW NOW OPEN FOR CLASS III OF NORTHWEST FLORIDA’S REGIONAL LEADERSHIP PROGRAM
Northwest, FL – Applications are now being accepted for Class III of Leadership Northwest Florida, a regional collaboration program offered by Florida’s Great Northwest Foundation.
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FloridaCommerce Secretary Explores Regional Opportunities on Familiarization Tour Hosted by Florida's Great Northwest
Economic Development Project Wins and Industrial Site Readiness were the Focus of the Tour
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Florida Ranked 4th in Military Defense Spending in The Nation
In Florida, the aviation and military industry plays a vital role in the state's economy. Recently, Florida was ranked 4th in military defense spending in the nation. This ranking represents $30.2 Billion and 5.4% of the Department of Defense's total expenditures in the United States. Most of this spending contributes to the state's aviation and aerospace industry.
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Florida was ranked 4th in High Tech Employment
Florida was ranked 4th in High Tech Employment by CompTIA research.
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REGIONAL COLLABORATION PROGRAM CELEBRATES ITS SECOND CLASS OF GRADUATES
At a closing retreat and graduation ceremony on May 17, 2024, Florida’s Great Northwest (FGNW) Foundation honored its new graduates from Leadership Northwest Florida, a regional collaboration program focused on community, content, and connection.
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Florida was ranked 4th in Tax Foundation’s State Business Tax Climate Index
Florida was ranked 4th in Tax Foundation’s State Business Tax Climate Index.
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Florida's Great Northwest's Shane Chadwick Achieves International Economic Development Certification
Regional economic development professional, Shane Chadwick, who serves as business intelligence and marketing manager with Florida’s Great Northwest, has earned the designation of Certified Economic Developer (CEcD) by the International Economic Development Council (IEDC).
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Okaloosa County’s Shoal River Ranch Gigasite recognized with prestigious ‘Select Site’ distinction by CSX Railroad
Okaloosa County’s Shoal River Ranch Gigasite recognized with prestigious ‘Select Site’ distinction by CSX Railroad
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NORTHWEST FLORIDA’S STATE LEGISLATIVE DELEGATION GATHE RS WITH BUSINESS LEADERS IN TALLAHASSEE
Tallahassee, FL – This week, community leaders from the region’s 13 counties gathered in the State’s Capitol to support the legislators from Northwest Florida to demonstrate the commitment to their state leadership roles that are critical keys to the region’s success in economic competitiveness.
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Florida Secretary of Commerce J. Alex Kelly Appoints Jennifer Conoley to the SelectFlorida Board of Directors
Florida Secretary of Commerce J. Alex Kelly announced the first SelectFlorida Board of Directors, appointing Greg Britton, Jennifer Conoley, Beth Kigel, Nick Primrose, Michael Simas, Kelly Smallridge and Mark Wilson to the board.
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