Tuesday, June 19, 2018
Business

Tribridge to add 200 IT jobs in Tampa by 2016

TAMPA — Tampa-based technology services company Tribridge plans to add up to 200 local jobs, nearly doubling its Tampa workforce by 2016 with the assistance of $1 million in government subsidies.

"Based on our projected growth, we need lots of people," Tribridge chairman and CEO Tony DiBenedetto said Wednesday.

Tribridge employs 600 nationwide, with more than 240 working at two locations in the West Shore business district. Locally, salaries average in the upper $80,000s.

Most of the new jobs are expected to come in two areas.

The first is cloud computing, a Tribridge division that has grown by more than 100 percent a year for three years. It has clients in the United States, Canada, Mexico and Europe, but everyone in the division is in the Tampa Bay area.

The second is what Tribridge calls "human capital management," a suite of automated, cloud-based personnel services such as recruiting, corporate training and performance management.

Founded in 1998, Tribridge has 3,750 clients. Last fall, Inc. magazine ranked the company No. 55 on its list of the 100 leading job creators in the United States. Inc. also ranked Tribridge No. 3 among Florida companies for job creation and No. 3 in the IT services industry.

"We're creating a brand in the world that Tampa is a high-tech place," DiBenedetto said.

Mayor Bob Buckhorn said companies like Tribridge — "a Tampa success story" — are helping to wean the bay area from its historic dependence on real estate and construction.

"This is how we create our destiny," Buckhorn said. "We don't create our destiny by building more subdivisions."

To facilitate the expansion, the state is providing Tribridge with $800,000 in incentives, with another $200,000 coming from Hillsborough County and the city of Tampa.

The incentives are to be paid only after the creation of jobs with the promised salaries.

Tribridge committed to paying, on average, at least $48,813 a year, which is 115 percent of Florida's average annual wage, but the company says the 200 new jobs are expected to pay well above that.

Forty of the new hires are expected this year, with 70 in 2015 and 90 in 2016, according to the Tampa Hillsborough Economic Development Corp. The hiring is expected to drive a $1.8 million investment in IT hardware and facilities.

There's a talent gap in high-growth fields like IT, DiBenedetto said, and one way to help fill it is to work with local and state officials.

Without their help, he said, "we would have done less jobs, and we certainly would have done less jobs here."

Comments
Tech Data sending a record 700 employees to march in Pride Parade

Tech Data sending a record 700 employees to march in Pride Parade

Among the marching bands and twirlers at Saturday’s St. Pete Pride Parade, one major sponsor, Tech Data, is sending by far a record number of employees — more than 700 at last count — to march in Florida’s largest gay pride parade.The parade, which d...
Updated: 7 minutes ago
A valet at this South Tampa Publix will park your car as you shop

A valet at this South Tampa Publix will park your car as you shop

TAMPA — Publix shoppers in South Tampa who hate circling the lot for parking can now toss their keys to a valet.The Publix at Dale Mabry and Neptune started testing a free valet service last week that could expand to more stores. Spokesman Brian West...
Updated: 1 hour ago
Sign to report employees not speaking English at doughnut shop creates a stir

Sign to report employees not speaking English at doughnut shop creates a stir

A sign asking customers at a Dunkin’ Donuts store in Baltimore to report employees who were heard not speaking English has set off a controversy.The sign, according tothe Baltimore Sun, would offer coupons to customers who reported workers at a dough...
Updated: 2 hours ago
Florida Bankers Association recognizes Bill Klich with award

Florida Bankers Association recognizes Bill Klich with award

Former Tampa Bay banking executive Bill Klich was presented the Lifetime Achievement Award from the Florida Bankers Association last week at an annual meeting in Palm Coast.Klich, 73, has a strong reputation with more than four decades of commercial ...
Updated: 3 hours ago
Jeff Vinik-backed construction material firm headed to Port Tampa Bay

Jeff Vinik-backed construction material firm headed to Port Tampa Bay

TAMPA — With $3 billion in construction on the boards, Water Street Tampa will need a lot of concrete, so a company whose largest investor is Jeff Vinik is moving to Port Tampa Bay to begin importing fly ash, a component of concrete.Spartan Materials...
Updated: 4 hours ago
Drugs at your doorstep: CVS will deliver prescriptions to your home

Drugs at your doorstep: CVS will deliver prescriptions to your home

CVS Health will make prescription deliveries nationwide to accommodate the heightened expectations of convenience from consumers. The nation’s second-largest drugstore chain says it also will make home deliveries of other items, like allergy medicine...
Updated: 6 hours ago
St. Petersburg residents will see higher water, sanitation bills

St. Petersburg residents will see higher water, sanitation bills

ST. PETERSBURG — Residents can expect their water and sanitation bills to increase between $7 and $11 starting in October.That represents an average of a 7-percent increase. Customers who use an average of 4,000 gallons a month, including reclaimed w...
Published: 06/19/18
Spectrum’s new service will eventually increase the cost for TV

Spectrum’s new service will eventually increase the cost for TV

Spectrum’s new all-digital service is set to bring more high definition, faster internet speeds and expanded on-demand offerings — but it also comes with higher costs for some of its TV customers in Tampa Bay. Each TV that receives service from Spect...
Published: 06/19/18
Medical manufacturer to add 116 jobs in Pasco County expansion

Medical manufacturer to add 116 jobs in Pasco County expansion

NEW PORT RICHEY — TouchPoint Medical, an engineering and manufacturer of high-tech hospital equipment, plans to put its global headquarters into a 125,000-square-foot industrial and corporate office building in Pasco County.Tuesday morning, county co...
Updated: 4 hours ago
Pasco Business Digest for June 22

Pasco Business Digest for June 22

Business digestBrieflyHOSPITALS RECEIVE AWARD: Regional Medical Center Bayonet Point and Medical Center of Trinity were recipients of Healthgrades 2018 Patient Safety Excellence Award, a designation that recognizes superior performance of hospitals t...
Updated: 9 hours ago