WHY MANUFACTURE PRODUCTION TECHNOLOGIES IN FLORIDA?
Skilled talent, strategic location and one of the largest markets in the nation.
FLORIDA: WHERE HIGH-TECH REACHES HIGHER
#1 BUSINESS TAX CLIMATE IN THE SOUTHEAST U.S.
The Tax Foundation ranks Florida No. 1 in the Southeast U.S. and No. 4 in the nation on business tax-friendliness, leaving more room for you to focus investing in your business.
#2 INFRASTRUCTURE IN U.S.
With 150+ airports, 15 deep-water seaports, the No. 2 largest FTZ network and major road/rail options, Florida offers extensive global transportation access to help you move products with ease.
3RD LARGEST STATE IN THE U.S.
Florida offers unparalleled access to markets in Latin America, Europe and beyond as one of the largest economies in the world. In fact, if Florida were a country, it would be the 16th largest economy in the world.
#4 IN U.S. FOR HIGH-TECH EMPLOYMENT
Florida is one of only six states that has produced more than 30,000 bachelor’s, master’s and doctoral degrees in science and engineering annually, putting a highly-skilled workforce at your fingertips.
7,700 ADVANCED MATERIALS ESTABLISHMENTS
Florida is advancing and adopting new technologies at a rapid rate. In fact, in FPL’s service area, more than 4,500 advanced materials establishments support nearly 91,000 jobs.
HOME TO 20,000+ MANUFACTURING COMPANIES
Here, you’ll find the expertise you need to succeed. In fact, Florida is no stranger to high-tech industries, home to the manufacturing operations for major companies such as Lockheed Martin, Harris, Embraer, Photon-X, Motorola and more.
FIND YOURSELF IN GOOD COMPANY IN FLORIDA
High-tech firms and manufacturers that invest in Florida will join some of today’s top companies and brightest minds in many of the state’s fastest-growing sectors including aviation/aerospace, automotive, medical/life sciences, data centers and more. Helping fuel innovation, Florida also offers production technology companies access to top academia and R&D institutions.
EXPLORE FLORIDA TO FIND YOUR NEXT SITE
Florida has a diverse site portfolio, which includes several locations suitable for production technologies operations such as advanced materials or smart sensor manufacturing.
In 2018, FPL acquired Crawford Diamond, a certified megasite and 1,800-acre property with a proposed 74.5 MW solar facility planned to be constructed in the near future. The site is located just outside of Jacksonville and is prime for manufacturers looking for new space. The site is already permitted for hundreds of acres of manufacturing, with access to rail, road, sea and air infrastructure.
FPL KEEPS HIGH-TECH IN PRODUCTION
POWERING BUSINESS GROWTH
In FPL’s service area, Florida’s advanced materials industry grew 8% from 2013 to 2017, compared to only 1% nationally, and the industry is projected to grow 2% more by 2021.
ADVANCED SMART GRID
FPL uses advanced sensors to quickly identify outages and has installed more than 12,000 smart devices on the electric grid to help improve service reliability. By 2020, smart grid technologies could reduce the cost of power interruptions by more than 75%, saving businesses over $150 billion a year.
AFFORDABLE RATES & INCENTIVES
FPL commercial/industrial electric rates are 41% below the national average ― as low as $0.05/kWh. FPL also offers unique, negotiable incentive rates for qualifying projects of at least 2 MW, as well as other programs such as specialized workforce development assistance and our Economic Development Rider (EDR), designed to help attract new investment to the Sunshine State.
FPL’s reliability is 50% better than the national average and boasts the best SAIDI rating in the state. And in 2018, for the third time in four years, FPL received PA Consulting’s National ReliabilityOneTM award. The prestigious award is given annually to utilities that have excelled in delivering reliable electric service to their customers.