The Buzz

From the staff of the Tampa Bay Times

Scott touts new gun plant in Central Florida

1

December

KISSIMMEE, Fla. (AP) -- One of the country's oldest gun manufacturers is expanding in Florida in a move that Gov. Rick Scott called a solid investment for taxpayers and another in a series of projects that will help continue to lower unemployment.

The 175-year-old Colt Manufacturing Co. announced it is bringing 63 jobs along with a new regional headquarters and product manufacturing center to Kissimmee next year. The new engineering and manufacturing positions will pay an average salary of just over $45,000.

The Harford, Conn.-based Colt is making a $2.5 million investment, with the state incentives of about $1.6 million, including $250,000 from Gov. Rick Scott's Quick Action Closing Fund and funds for workforce training.

More here.

[Last modified: Thursday, December 1, 2011 6:33pm]

    

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