Wednesday, April 18, 2018
Business

Scott, at Honeywell, touts plan to boost manufacturing

LARGO — Gov. Rick Scott toured the Honeywell Aerospace plant in Largo on Wednesday, seeking to draw attention to his plan to boost manufacturing jobs in Florida by cutting taxes.

Scott has proposed eliminating the sales tax on equipment purchased by manufacturing companies in the state. Such businesses benefit from a sales tax exemption on machinery they buy, but only if the purchases help improve output by 5 percent annually.

Honeywell is an international defense contractor that employs about 2,700 people in Florida, according to spokesman Nathan Drevna. The Largo facility has about 1,500 employees.

Under improved business conditions, Scott said, "I'm hoping that they would add thousands and thousands and thousands of employees on this campus."

Adopting tax breaks for manufacturers is necessary, Scott said, because "we are competing with other states and other countries for jobs like these, for plants like this."

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