Since January 2011, Florida has pledged nearly $155 million in tax breaks and other incentives to companies promising to create jobs in the state.
Among the biggest corporate winners: Embraer Aircraft Holding, Raymond James Financial, The Boeing Co. and Bi-Lo LLC, the new owner of Winn-Dixie Stores.
The pledges came with promises to create up to 32,570 jobs, according to a database from the Florida Department of Economic Opportunity.
The recently released database revealed some recipients whose names the state had withheld under privacy agreements during negotiations. Typically, state officials refuse to identify companies even as they approve project incentives. Instead they wait until the companies are ready to announce a relocation or expansion.
The list revealed, for instance, that CBS Corporate Services, is the mystery company in line to receive an incentive package worth $1.05 million for creating up to 150 jobs by moving some of its information technology operations to St. Petersburg.
Some recipients are in line for even greater financial incentives if they add more jobs, according to the list. Officials, for example, had already announced that Embraer will get $6 million in incentives if it brings 200 jobs to a new tech center in Brevard County. The list, however, indicates the aircraft company stands to reap another $8 million in incentives through a separate deal if it creates another 450 jobs in Brevard.
The $8 million package, if it materializes, would be the single biggest corporate incentive award since Rick Scott became governor.
Posted by Amy Hollyfield at 11:10:05 am on June 23, 2012