Pasco County, Florida — The Pasco Economic Development Council, Inc. is pleased to announce that SB Mfg., LLC has chosen to locate in Dade City and will be operating in the Dade City Business Center. After evaluating several locations in Kentucky and Ohio as well as Florida, SB Mfg., LLC chose to establish its operations in Pasco County and hire 75 people at average annual wages of $40,000 by 2015.
“We’re excited to see new manufacturing jobs coming to Dade City,” said Pasco County Commissioner Ted Schrader. ”This shows when we work together on a local, regional, and state level, we can bring these types of opportunities home to the United States and to Pasco County.”
SB Mfg, LLC will produce aluminum castings for the automotive parts industry, which are currently being produced in China, using high quality recycled aluminum from local sources. The announcement comes at a perfect time when reshoring manufacturing jobs has become a hot topic in the media, and economists are buzzing about September’s rise in U.S. manufacturing activity from 49.6 percent to 51.5 percent on the Institute for Supply Management’s factory index. According to Bloomberg.com, readings above 50 percent show expansion, and September’s numbers well exceeded what was projected.
“SB’s choice of Florida reflects the continuing growth of manufacturing in our state,” said Gray Swoope, president and CEO of Enterprise Florida Inc., the state’s lead economic development organization. “This has been possible because of the effectiveness of corporate, government and community partnerships in building Florida’s economy. Our teamwork is enabling the state to attract and maintain manufacturing operations amid stiff competition on both a national and global scale.”
“Dade City is becoming a hub of activity for manufacturing,” said John Moors, president of the Greater Dade City Chamber of Commerce. “We’ve had several announcements this year, and I expect even more in 2013.”
The company is working with Career Central to recruit new employees and will be working with the Florida Manufacturing Extension Partnership’s M.O.S.T. training program. The facility expects to be operational on or before February 2013 and will run 24/7/365 with three shifts.
“We are in the process of installing equipment and have set a tentative schedule to begin hiring manufacturing employees in December,” said Bill Kelley, General Manager for SB Mfg, LLC, “Employees interested in applying should contact Career Central.” (Career Central: 866-396-9675)
By 2015, SB Mfg, LLC plans to bring a total of 75 new jobs to Florida with an average annual wage of $40,000, which is approximately 126 percent of the Pasco County average annual wage. SB Mfg, LLC was approved for the Florida Qualified Target Industry (QTI) tax refund program and is the first business locating in Pasco County to receive a Brownfield Job Creation Bonus. These are performance-based state incentives meaning that the refunds are awarded after job requirements have been met.
This year Pasco EDC has been working hard to support local manufacturers. The organization launched an online manufacturer’s capabilities database called FloridaSupplierSource.com and created an email program called Made in Pasco that gives local manufacturers information about training opportunities, events, trade leads, incentives and more.
“Our excitement for manufacturing is growing in Pasco County,” said John Hagen, Pasco EDC president and CEO. “We’re seeing a trend of small manufacturers interested in Pasco County, and we’re here to help ensure their success.”
Pasco EDC is a non-profit organization that promotes economic development in Pasco County, Florida. Pasco EDC continues to be a strong partnership funded by corporate and public investors focused on the economic vitality of Pasco County.