Make us your home page
Instagram

Pasco County pledges incentives to lure 75 manufacturing jobs from China

Pasco County commissioners on Tuesday approved a tax-incentive package to entice a manufacturer of aluminum castings for the auto industry to bring at least 75 manufacturing jobs to Pasco — work that's now being done in China.

John Steifel, president of SB Manufacturing, said his company is still evaluating several sites in Pasco in addition to locations in other states. "Our preference is to locate in Dade City," he said.

The project qualifies to receive tax refunds under Florida's Qualified Targeted Industry program as well as getting a bonus for creating jobs in a brownfield industrial site. Pasco County committed $83,500 as its share of a state/local incentive package worth at least $412,500.

To qualify for incentives, SB would need to keep a commitment to pay average wages of $40,000, or about 126 percent of average wages in Pasco.

Pasco County pledges incentives to lure 75 manufacturing jobs from China 09/11/12 [Last modified: Tuesday, September 11, 2012 6:09pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. 'Road to Nowhere' is back: Next phase of Suncoast Parkway coming

    Roads

    Despite intense public opposition and dubious traffic projections, the Florida Department of Transportation has announced that construction of the toll road known as "Suncoast 2" is expected to start in early 2018.

    The Suncoast Parkway ends at U.S. 98 just south of Citrus County. For years residents have opposed extending the toll road, a project dubbed the "Suncoast 2" into Citrus County. But state officials recently announced that the Suncoast 2 should start construction in early 2018. [Stephen J. Coddington  |  TIMES]
  2. A sports rout on Wall Street

    Retail

    NEW YORK — Sporting goods retailers can't shake their losing streak.

  3. Grocery chain Aldi hosting hiring event in Brandon Aug. 24

    Retail

    BRANDON — German grocery chain Aldi is holding a hiring event for its Brandon store Aug. 24. It is looking to fill store associate, shift manager and manager trainee positions.

  4. Lightning owner Jeff Vinik backs film company pursuing global blockbusters

    Corporate

    TAMPA — Jeff Vinik's latest investment might be coming to a theater near you.

    Jeff Vinik, Tampa Bay Lightning owner, invested in a new movie company looking to appeal to a global audience. | [Times file photo]
  5. Trigaux: Look to new Inc. 5000 rankings for Tampa Bay's future heavyweights

    Business

    There's a whole lotta fast-growing private companies here in Tampa Bay. Odds are good you have not heard of most of them.

    Yet.

    Kyle Taylor, CEO and founder of The Penny Hoarder, fills a glass for his employees this past Wednesday as the young St. Petersburg personal advice business celebrates its landing at No. 25 on the 2017 Inc. 5000 list of the fastest growing private companies in the country. Taylor, still in his 20s, wins kudos from executive editor Alexis Grant for keeping the firm's culture innovative. The business ranked No. 32 last year. [DIRK SHADD   |   Times]