Hillsborough County, FL – March 4, 2014 – Hillsborough County, the business and population center of the Tampa-St. Petersburg-Clearwater, FL metropolitan statistical area, was recently identified by international tax advisory firm KPMG as a leading cost-friendly business environment. The recently released 2014 Competitive Alternatives measured 26 cost components across a variety of business-to-business service and manufacturing operations, finding that Hillsborough County and its surrounding communities were one of only two large US markets to rank in the top 20% for competitive costs of doing business across an array of industries.
Hillsborough County’s rankings across examined industry segments, compared to 107 other areas, as reported by KPMG:
Corporate Services 3rd
Digital Services 6th
Research & Development 6th
“We are pleased that KPMG’s Competitive Alternatives validates what we and the many businesses that have chosen to locate and grow in Hillsborough already know – that we are a top-tier business location” said Mark Sharpe, Chairman of the Hillsborough County Board of County Commissioners. “From start-ups to Fortune 500 firms, the county presents a strong value proposition for a competitive operating environment.”
For more information on Hillsborough County business competitiveness initiatives, contact Lindsey Kimball, Director of Economic Development, (813) 273-3684.
About Hillsborough County
The mission of Hillsborough County government is to provide effective quality service at a reasonable cost with courtesy, integrity and accountability in a manner that protects and enhances the quality of life of our diverse population. The Economic Development Department administers programs that sustain and encourage the economic growth of the local economy. Competitive positioning is one of ten drivers for prosperity identified by the Board of County Commissioners and is part of the Board’s economic development strategy.