Florida has the No. 4 Business Tax Climate in the U.S.
Florida is the 2nd Largest Foreign Trade Zone Network in the Nation
Florida’s best-selling points to businesses are its growing industrial diversity, low taxes (no personal income tax, no corporate income tax for limited partnerships and sub-chapter S-corporations), and its close international ties, particularly with Latin American countries.
(Area Development Magazine)
Advanced Manufacturing
From food and beverages to rockets and boats, more than 22,000 companies make and deliver products to the world from Florida.
Aerospace & Defense
More than 50 years of flight innovation and the 3rd-largest veteran population in the U.S. makes Florida the ideal location for aerospace and defense companies.
Clean Energy
FPL's "30-by-30" solar plan, EV adoption and EV infrastructure deployment efforts are making Florida a world leader in clean energy.
Information Technology
From hyperscale data centers to artificial intelligence, nearly 35,000 IT companies are advancing the industry from Florida.
Life Sciences
Florida is home to nearly 1,500 life sciences establishments – including biotechnology, pharmaceutical and medical device manufacturing – and more than 45,000 healthcare establishments in the life services industry.
Logistics & Distribution
One of the top industries in Florida is Logistics and Distribution. With its unique global position, 15 deepwater seaports, 20 commercial-use airports and three spaceports, companies have easy access to markets across the country, across the globe and beyond.
FPL Helps Drive Florida Industry Growth
Decades of experience working in the Sunshine State and some of the lowest utility rates in the nation help us position your company for success.
A Wealth of Experience
Nearly 70% of Florida's 2,300 aerospace and aviation companies are in FPL's service territory, giving us a unique understanding of the industry's diverse needs and challenges when it comes to industrial power. PoweringFL’s economic development team is here to help businesses succeed.
Where Industry Gets its Power
FPL serves more than 5.8 million customer accounts including the Miami, Pensacola and Jacksonville regions. We support more than 12 million Floridians with clean, affordable and reliable electricity. In 2022, FPL won the ReliabilityOne National Reliability Excellence Award for the seventh time in the last eight years.
A Concentration of Industry Leaders
Florida is home to national and global leaders across all major industries, including Publix, Jabil, L3Harris, NextEra Energy, Chewy, Citrix and many more. The state's top-ranked higher education system, welcoming tax climate, strong state economy and expansive infrastructure keep companies here in growth mode.
How Can We Help You Get Moving Today?
Florida is home to much more than world famous beaches and theme parks. In addition to having a lower unemployment rate than the national average, the state it is home to the 15th largest economy worldwide (if Florida was a country), a growing GDP and surpassed the national job growth average in 2022. Learn more about how our team of experts can help you understand complicated problems, connect you with partners, lease or buy the right real estate for your business. We are here to help you put all the pieces together.