Tuesday, December 12, 2017
Business

Bristol-Myers Squibb picks area near TIA for 579-job expansion

TAMPA — After announcing a major 579-job expansion this summer to Hillsborough County, Bristol-Myers Squibb on Wednesday identified where it will set up its new North America Capability Center.

The New Jersey pharmaceutical giant said it will lease 70,000 square feet of office space at 5104 S Eisenhower Blvd., northwest of Tampa International Airport.

The company will occupy about half of a four-story, 130,000-square-foot building off the Veterans Expressway and W Hillsborough Avenue.

The 10-year agreement with property owner Tier REIT includes a company option to lease an additional 60,000 square feet. Financial terms of the deal were not disclosed.

With nearly $18 billion in annual revenues and 28,000 employees, Bristol-Myers Squibb chose Hillsborough and the Tampa Bay market after considering several potential locations in the Central and Eastern time zones. North Carolina was among the most serious competitors.

Hillsborough County commissioners had approved more than $2 million to help recruit the pharmaceutical company.

Those funds will complement a state incentive package. If the company creates all of the promised jobs, it could get about $6 million in total incentives paid out over several years.

The company said about 250 workers in information technology, marketing services, business and finance services and other functions supporting the company's U.S. biopharmaceutical business will occupy the center when it opens.

Most positions at the center will be filled by people living in the Tampa Bay area. The company said it will soon post Tampa positions on the website www.bms.com/careers and will continue to post additional positions throughout the year.

Interviews are slated to start around October. The company expects to complete the initial round of staffing by the end of December.

By 2017, Bristol-Myers Squibb also plans to locate more than 325 additional jobs supporting scientific and technical activities at the site.

The jobs pay an average of $65,000 a year, the company said.

Comments
Tampa Bay’s mortgage delinquency rate crept up in September

Tampa Bay’s mortgage delinquency rate crept up in September

Times Staff WriterThe percentage of Tampa Bay homeowners who are late on their mortgage payments rose slightly in September, probably due to Hurricane Irma. According to CoreLogic, 7 percent of bay area mortgages were delinquent by at least 30 days c...
Updated: 28 minutes ago
Unusual paddle design earns worldwide market

Unusual paddle design earns worldwide market

Paddling on the heels of the last supermoon of 2017, Phil Hughes navigated an uncommonly low tide off Dunedin through St. Joseph Sound on an effortless but lengthy glide.This is not easy water, nor an easy paddle, and could be especially daunting for...
Updated: 2 hours ago
Nicko's Fine Foods, classic diner and Seminole Heights icon, closes after six decades

Nicko's Fine Foods, classic diner and Seminole Heights icon, closes after six decades

Nicko’s Fine Foods, known as the place Elvis Presley ate following a 1956 concert and Tampa’s last classic prefabricated diner, has shut down after more than 60 years in business. Owners Karen and Nicholas Liakos could not be reached for...
Updated: 2 hours ago
Punit Shah’s Liberty Group building new Channel District hotel with Jameis Winston as limited investor

Punit Shah’s Liberty Group building new Channel District hotel with Jameis Winston as limited investor

TAMPA — Punit Shah’s Liberty Group announced plans Tuesday to start construction in January on a Channel District project that will include a Hampton Inn and Home2 Suites, both by Hilton, plus a Starbucks Coffee.Financing for the $40 million project ...
Updated: 4 hours ago
Creating PDQ from scratch: CEO of growing brand came from Bucs’ front office

Creating PDQ from scratch: CEO of growing brand came from Bucs’ front office

Shortly after leaving his job as chief financial officer of the Tampa Bay Buccaneers to strike out on his own as an entrepreneur, Nick Reader wondered if he’d made the right move. "I probably had one of the coolest jobs in Tampa," said Reader, 42. Si...
Updated: 5 hours ago
French group to take over Westfield malls for $15.7 billion

French group to take over Westfield malls for $15.7 billion

Three Tampa Bay malls may soon be under new management. French real estate company Unibail-Rodamco has agreed to buy Australia-based shopping mall operator Westfield Corp. for $15.7 billion in cash and shares."Westfield would arguably be the best or ...
Updated: 6 hours ago
Driven by demand, Planned Parenthood opens second clinic in Tampa

Driven by demand, Planned Parenthood opens second clinic in Tampa

The floor-to-ceiling glass windows are heavily tinted and the inside is hidden behind rows of curtains. Security cameras monitor every corner, and only patients with an appointment and valid identification can pass through the intentionally cramped e...
Updated: 6 hours ago
Hotly anticipated Ichicoro Ane is now open in St. Petersburg

Hotly anticipated Ichicoro Ane is now open in St. Petersburg

Noel Cruz seemed remarkably chill. As did his partner Kerem Koca. All around them in the Station House building in St. Petersburg, workers pounded the last nails, bartenders unpacked boxes of glassware and jewel-toned bottles of Amari, and the kitche...
Updated: 8 hours ago
Record numbers are signing up for Obamacare in Florida as enrollment period draws to a close

Record numbers are signing up for Obamacare in Florida as enrollment period draws to a close

With just four days left to enroll for health insurance on the federal exchange, advocates for the Affordable Care Act say Florida is headed for a record-breaking year. In week five of the six-week open enrollment period, about 823,180 people signed ...
Published: 12/12/17
Kathy Fountain, from anchor chair to therapist’s chair

Kathy Fountain, from anchor chair to therapist’s chair

A knowledgeable voice and familiar face beamed into Tampa Bay homes when Kathy Fountain delivered the 5 o’clock news and chatted with talk show guests on WTVT-Ch. 13. She created some news of her own as co-anchor of the first female team in the Tampa...
Published: 12/12/17