Tampa Tank-Florida Structure Steel will create 60 new jobs by end of 2022, invest $3 million
Tampa, Fla. (October 13, 2021) – Tampa Tank-Florida Structure Steel, a Precision Build Solutions, LLC company, has announced plans to expand its Tampa headquarters located at 12781 U.S. Highway 41 South in Gibsonton. The company plans to invest $3 million in new equipment and add 60 new jobs by the end of 2022.
“Business has been returning this year, and we’re pleased to be back to pre-COVID levels with plans to expand even further next year,” said Jason Bahamonde, Vice President of Fabrication/General Manager. “We have a long and proud history in Tampa, and we look forward to partnering with local organizations to create a robust workforce pipeline and grow our team.”
Tampa Tank was established in 1953 in Tampa and acquired Florida Structural Steel in 1984. The company is a diversified custom job shop of heavy steel fabrication weldments. For more than 60 years, Tampa Tank has served customers around the world as a one-stop shop for welded steel products of nearly any size and specifications.
Tampa Tank has added 40 new jobs this year to bring its workforce back to pre-pandemic levels. By the end of 2022 it plans to recruit 60 more welders, fitters, machinists, and equipment operators with an average wage of $21 per hour. The Tampa Bay EDC is connecting Tampa Tank with local workforce training programs to help establish a candidate pipeline, particularly skilled welders. Tampa Tank joins a growing list of companies that have announced expansions in Hillsborough County, including Integrity Express Logistics, Amazon, and Cirkul.
Over the past 10 years, manufacturing employment in the Tampa metro area has grown to the second largest in the state with more than 8,000 jobs added. During the same time period, Tampa saw an increase of 13% or nearly 350 new manufacturing businesses established. In 2020, the manufacturing industry produced $11 billion in GDP for the Tampa area, with the average annual percent change in the past 10 years up 4.5%, compared to the nation’s 2.3%.
“Manufacturing has a long history in Tampa and Hillsborough County and provides a broad range of career opportunities for our highly skilled and specialized workforce,” said Jim Weiss, chair of the Tampa Bay Economic Development Council and Regional President of Fifth Third Bank. “We’re proud to work with a well-established local company like Tampa Tank as they continue to expand in Hillsborough County.”
About Tampa Tank Inc.-Florida Structural Steel
Tampa Tank was founded in 1953 and acquired Florida Structural Steel in 1984. The company provides complete design, shop fabrication, shipment, field erection, inspection and testing of welded steel products for Federal Highway/DOT, petroleum, chemical, pulp and paper, mining, electric power, water and wastewater industries. The company operates across North America, Caribbean, Bahamas, Central and South America and West Africa. TTI-FSS is American Society of Mechanical Engineers (ASME) and American Institute of Steel Construction (AISC) certified. TTI-FSS combined with Precision Tank. to form Precision Build Companies, LLC in 2020.
About the Tampa Bay Economic Development Council
The Tampa Bay Economic Development Council is the lead designated economic development agency for Hillsborough County and the cities of Tampa, Plant City and Temple Terrace. Established in 2009 as a partnership between the public sector and private corporate investors, the EDC works to develop and sustain a thriving local economy through the attraction, retention and expansion of high-wage jobs and capital investment within targeted industry sectors, including Corporate Headquarters, Financial and Professional Services, Information Technology, Life Sciences, Defense and Security, Distribution and Logistics, and Manufacturing. The EDC exists because of the generous support of more than 100 corporations, Hillsborough County, and the cities of Tampa, Plant City and Temple Terrace. For more information, visit www.tampabayedc.com.