Sunday, October 14, 2018
Business

Battery maker to move headquarters from Alabama to Tampa

TAMPA — Custom battery-maker Resistacap Energy Products will move its headquarters from Huntsville, Ala., to its existing facility near Westchase, the company and the Tampa Hillsborough Economic Development Corp. said Thursday.

The company plans to grow as well as move, Resistacap president Gary Bolohan said. If his name sounds familiar, it may be because Bolohan was the longtime president of Tampa-based Reptron Electronics.

Resistacap has 35 employees in Huntsville and last August opened a manufacturing operation with 10 people at the Tri-County Business Park, just east of the Hillsborough-Pinellas county line.

It plans to hire 100 workers for jobs in assembly, soldering, welding and accounting and to spend about $500,000 expanding its Hillsborough operations at 12180 Race Track Road from 5,000 to 15,000 square feet.

Resistacap supplies custom batteries, battery packs, and chargers to manufacturers of respirators, portable X-ray systems, patient monitoring devices, defibrillators, night vision cameras, surveillance equipment and portable data terminals. It has clients in the medical, military and aerospace, safety and security, and hand-held electronics industries.

"Many of our targeted industries are well-represented in the area," Bolohan said. Another reason for making the move, he said, was Tampa’s "friendly business environment that will support our continued growth."

Neither the state of Florida nor local officials agreed to any incentives, which typically come in the form of tax refunds after new jobs are created, to induce the company to move here. Bolohan said the company contacted the EDC in January and thanked the nonprofit organization for "connecting us to resources to help fulfill our workforce needs."

EDC chairman and Moffitt Cancer Center CEO Dr. Alan List said in an announcement of the move that Resistacap joins a growing roster of companies — among them Fortune 500 mining company Mosaic as well as staffing firm BlueLine Associates and the Vendita Technology Group — that have decided to move their headquarters from out of state to Hillsborough County for a "skilled workforce and supportive business environment that will help them grow and stay competitive."

MORE: Go here for more Business News

Contact Richard Danielson at [email protected] or (813) 226-3403. Follow @Danielson_Times

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