FGNW NEWS


 

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.

In 2013, Florida exported an average of $5.2 billion in aerospace and aviation products. Ten years later, Florida is now exporting $9.8 billion in 2023, making this field the state's number one export (International Trade Administration). The Northwest Florida region has nearly 500 aerospace and defense companies contributing to Florida's aerospace and aviation exports to countries such as Canada, Brazil, and Germany.

The growth in this industry continues to enhance the region's local communities and provides new employment opportunities for its residents. For many residents, aerospace education begins early and continues at local colleges, leading to employment opportunities for driven aviation students. As the annual 3,000 military members separate from Northwest Florida's six military installations, local aerospace corporations will receive funding to train these individuals. The talent pipeline from residents and veterans produces innovation and efficiencies in the regional aviation and defense industries, contributing to it becoming Florida's top exporting industry.

 

ABOUT FLORIDA'S GREAT NORTHWEST

Florida’s Great Northwest is the regional economic development organization for the 13-county region of the Florida Panhandle. The organization's purpose is to promote Northwest Florida for economic growth and diversification, to advocate for economic development issues that affect the region, and to collaborate to improve regional competitiveness. Beyond our beaches, Northwest Florida offers business competitive, bottom-line advantages in workforce training, upgraded infrastructure, access to a host of defense assets, and a diverse base of industries that already call the region home.

 

NEWS

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 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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