Learn more about relocating or expanding to Florida

Florida business climate, manufacturer incentives, and advantages of FL communities

Relocate or Expand to Florida - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Florida business climate, manufacturer incentives, and advantages of FL communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Florida Business Data*

Florida

Population: 18,537,969
Total Labor Force: 9,410,600
Unemployment Rate: 7.2%
Number of Manufacturers: 13,816
Manufacturing Jobs: 444,753
Right to Work: Yes
Unemp. Ins. Tax: 1.03–5.4%
 
Corporate Income Tax:
5.5%. No corporate income tax on limited partnerships or subchapter S Corps. State uses a “Single Factor Gross Receipts” apportionment formula.

Sales Tax:
6%. Exemptions include: Machinery & equipment used by a new or expanding manufacturer; electricity used in manufacturing; certain boiller fuels used in manufacturing; semiconductor, defense, and space technology-based transactions involving manufacturing equipment.; machinery and equipment used in research and development. Zero sales tax for Florida manufacturers purchasing equipment in Florida.

Property Tax:
No property tax on business inventories or goods-in-transit for 180 days. Property tax exemption on new or expanding businesses.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
11% Electronic and other electric equipment
10% Fabricated metal products
10% Food and kindred products
9% Printing and publishing
9% Industrial machinery and equipment

Largest Manufacturing Establishments:
(by number of employees)
Harris Corp. (Palm Bay) - 5,000
Lockheed Martin Corp., Missiles & Fire Control Div. (Orlando) - 3,700
United Space Alliance, LLC (Cape Canaveral) - 3,500
Siemens Energy, Inc. (Orlando) - 3,000
Lockheed Martin Global Training & Logistics (Orlando) - 2,800
 
Counties with the Most Manufacturing Jobs:
Miami-Dade - 63,388
Broward - 52,221
Duval - 47,207
Orange - 46,466
Pinellas - 44,257

Cities with the Most Manufacturing Jobs:
Jacksonville - 46,669
Miami - 40,633
Orlando - 38,281
Tampa - 34,894
Fort Lauderdale - 16,182

Manufacturing Related Business Incentives:
• Enterprise Zone Tax Credits
• No State Personal Income Tax
• Qualified Target Industry Tax Refund (QTI)
• Qualified Defense and Space Contractor Tax Refund (QDSC)
• Capital Investment Tax Credit (CITC)
• Jobs for the Unemployed Tax Credit Program (JUTC)
• Quick Response Training Program (QRT)
• Incumbent Worker Training Program (IWT)
• Economic Development Transportation Fund
• Rural Community Development Revolving Loan Fund; Rural Infrastructure Fund
• Brownfield Redevelopment Bonus Refund
• High Impact Performance Incentive Grant (HIPI)
• Local Government Distressed Area Matching Grant Program (LDMG)
• Manufacturing and Spaceport Investment Incentive Program


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Florida Economic Development Council
The staff, board members and committee members of the Florida Economic Development Council are dedicated to providing leadership and vision to advance economic development professionals and economic development throughout the state of Florida as a whole.
3802 Spectrum Boulevard, Suite 141, Tampa, FL 33620 (Map & Aerial View)
(813) 977-3332
www.fedc.net


Business Development Board Of Martin County
The official Economic Development Organization for Martin County, FL. Our mission is to promote economic growth by retaining existing targeted businesses and attracting desirable new business while preserving the quality of life.
1002 S.E. Monterey Commons Blvd., Ste. 203, Stuart, FL 34996 (Map & Aerial View)
(772) 221-1380
www.yesmartinfl.com


Enterprise Florida Incorporated
Enterprise Florida is committed to assisting companies confidentially with their expansion and location plans. It provides site selection services, demographic information, incentive information, trade leads and much more.
800 North Magnolia Avenue, Suite 1100, Orlanda, FL 32803 (Map & Aerial View)
(407) 956-5600
www.eflorida.com

Flagler
Flagler provides world-class third-party real estate services including brokerage, property management, and asset management to a prestigious roster of corporate, private and institutional clients.
2855 S. Le Jeune Rd., Fl. 4, Coral Gables, FL 33134 (Map & Aerial View)
(305) 520-2300
www.flaglerdev.com


Florida/Sunshine Chapter of ERA
Trade association for electronics manufacturers' representatives in Florida.
400 Magnolia Oak Dr., Longwood, FL 32779 (Map & Aerial View)
(407) 862-1766
www.floridaera.org

Greater Fort Lauderdale Alliance
The mission of The Greater Fort Lauderdale Alliance is to lead Broward County in building a stronger and more diversified economy by: Promoting increased public/private sector collaboration, Delivering business development initiatives focused on new investment and job growth, Enhancing the competitiveness of Broward's business climate, and Driving regional initiatives.
110 East Broward Boulevard, Suite 1990, Fort Lauderdale, FL 33301 (Map & Aerial View)
(800) 741-1420
www.gflalliance.org


JAX Chamber
The JAX Chamber's mission is to drive quality economic development in Northeast Florida to make the area the best place to work, live & play.
3 Independent Dr., Jacksonville, FL 32202 (Map & Aerial View)
(904) 366-6600
www.myjaxchamber.com


JAXUSA Partnership for Regional Economic Development
The Cornerstone Regional Development Partnership is Jacksonville and Northeast Florida's regional economic development initiative. Cornerstone is a private, nonprofit division of the Jacksonville Regional Chamber of Commerce.
3 Independent Drive, Jacksonville, FL 32202 (Map & Aerial View)
(904) 366-6639
www.expandinjax.com


Metro Orlando Economic Development Commission
The EDC is dedicated to meeting the needs of today's industries and creating a competitive economic climate where businesses can thrive. To meet this goal, the organization provides key services and support, which range from relocation and expansion expertise to export counsel to long-term planning with community partners.
301 East Pine Street, Suite 900, Orlando, FL 32801 (Map & Aerial View)
(407) 422-7159
www.orlandoedc.com


Tampa Bay Partnership
The Tampa Bay Partnership is the regional organization that works with its partners to market the region nationally and internationally, to conduct regional research and to coordinate efforts to influence business and government issues that impact economic growth and development.
4300 West Cypress Street, Suite 250, Tampa, FL 33607 (Map & Aerial View)
(800) 556-9316
www.tampabay.org


The Beacon Council
As Miami-Dade County's official economic development partnership, The Beacon Council is charged with bringing new, job-generating investments to the community, while assisting existing businesses in their efforts to expand.
80 Southwest 8th Street, Suite 2400, Miami, FL 33130 (Map & Aerial View)
(305) 579-1300
www.beaconcouncil.com




Looking to reach Florida manufacturers? Access the Florida Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 5/17/2013. All other stats updated on 5/17/2013. Listings updated on 5/19/2013.

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