Pinellas County Business News
October, 2016
Intellitech Relocates to Pinellas
Bringing Jobs & Manufacturing Technology
Intellitech, manufacturer of liquid filling and closure machinery used in the biotech and pharmaceutical industries, has announced the completion of their relocation from Maryland to Pinellas County, Florida.  The company expects to bring 15 manufacturing and headquarters-related jobs to their new location at 11801 28th Street North, St. Petersburg, and to invest over $2 million in the region. 

"We're celebrating our 21st year in business, and this relocation will help to push Intellitech to our next level of growth," said Barbara Biller, President of Intellitech.  "Pinellas' medical device manufacturing and life sciences sectors make the City of St. Petersburg the ideal location for Intellitech to connect to both our suppliers and customers." 
 
Redevelopment reigns in Pinellas in 2016
Creative reuse brings high quality projects
Large office and industrial projects are bringing new jobs and opportunities for Pinellas. Notable projects include:
  • G.E. Instrument Transformers 190,000-sq-ft manufacturing center in Clearwater
  • John Hopkins All Children's 255,000-sq-ft Research & Education building in St. Petersburg
  • BayCare Health Systems second headquarters building in Clearwater
  • Monin Gourmet Flavorings under-construction 100,000-sq-ft facility in Largo
More than 9,300 residential units are included in this latest development update. Hotel projects are growing with more than 3,400 completed, under construction or planned accommodations including the new Treasure Island Beach Resort and the Opal Sands in Clearwater Beach.
 
In education, a brand new state-of-the-art Largo High School opened its doors for classes in August, and USF St. Petersburg nears completion of its new College of Business. And there is more fun for Pinellas with a new BMX facility in Oldsmar, Splash Harbour Water Park in Indian Rocks Beach, Reload Shooting Range in Tarpon Springs and the under construction James Museum of Western and Wildlife Art.


Oct. 21: Pinellas Reverse Trade Show
Meet Pinellas County's buyers, as well as purchasing agents from surrounding counties, at this free annual event. Learn how to grow your business by providing products and services needed by local government agencies. Details and FREE registration can be found at www.pced.org/reversetradeshow.  

Export Sales Mission to the Dominican Republic, Dec. 5-8
The Export Sales Mission to the Dominican Republic will feature one-on-one customized matchmaking with potential partners, a briefing highlighting trade opportunities throughout the Caribbean, and companies will receive a regional market assessment for their products or services. Much of what is used or consumed in the Dominican Republic is imported, making this an excellent market for Tampa Bay exporters. Grants are available to qualified companies. Find details here and contact Brent Barkway at (727) 464-7411 or bbarkway@pinellascounty.org to learn more.

2016 Pinellas County Economic Profile
Your guide to changing demographics, industry and economic data of our dynamic community. Each year Pinellas County Economic Development publishes this collection of data to ensure that entrepreneurs, businesses, developers, site selectors and financial institutions have a full picture of the evolving economy and workforce, as well as to the factors that contribute and influence changes to Pinellas' economic health. View the full 2016 Economic Profile at www.PCED.org/profile.

Was your Pinellas business impacted by Hurricane Hermine? Emergency Bridge Loan Program Activated
Florida businesses that have been impacted by Hurricane Hermine may now apply for short-term, interest-free loans through the Florida Small Business Emergency Bridge Loan Program. The bridge loan program helps bridge the gap for small businesses between the time impact occurs and when other resources become available, including insurance claims or federal assistance. The deadline to apply is October 31, 2016. Governor Scott has allocated $10 million from the General Revenue Fund for the program. Click here for further details and instructions.

Entrepreneurs: Apply to present at the 2016 Florida VentureTech Showcase, Nov. 1
The VentureTech showcase is a capital acceleration competition and business-networking event co-hosted by Space Florida and the Florida Venture Forum. The event will feature presentations by some of Florida's most promising companies. Additionally, a cross section of investors will be in attendance. Learn more and apply here.

Foreign Trade Zone 193: The Best Kept Secret for Manufacturers and Distributors
Do you manufacture, assemble or process imports? Would you like to defer, reduce or eliminate duties paid on imported products? FTZ 193 can increase your profits and decrease your frustration. Learn more about FTZ 193 at www.pced.org/FTZ.

3D Digital Fabrication Training Available
This program from CareerSource Pinellas prepares individuals to enter the high growth manufacturing industry in entry-level engineering assistant positions. Students will learn how to move their designs from a model to a manufactured part via 3D printing. View a video about the program from WFTS here. To learn more about the program, contact Huey Nguyen at (727) 608-2515, hnguyen@careersourcepinellas.com.

Pinellas News

Manufacturer Intellitech moving headquarters from Maryland to St. Petersburg
(Tampa Bay Times)

Tampa Bay area among the largest economies in the U.S.
(Tampa Bay Business Journal)

Check I'm Here: St. Petersburg entrepreneur raises $1M in angel funding
(83 Degrees Media)




In This Issue
Quick Links
Business Workshops
The Florida Small Business Development Center at Pinellas County Economic Development hosts a number of business workshops each month. Find a full schedule of upcoming workshops at pced.org/workshops.

Pinellas County Economic Development | 727-464-7332 | econdev@pinellascounty.org | http://www.pced.org
13805 58th Street N.
Suite 1-200
Clearwater, FL 33760