Kamara, a natural stone company located in the Republic of Georgia, has chosen Flagler County as its first venture in the U.S. market. Kamara Stone US is an official distributor of Kamara and Flagler County will be its first expansion point in the United States.
The company offers high-quality natural stone products to countries around the world. Kamara owns four quarries in The Republic of Georgia in which their excavation and processing is completed.
An initial capital investment of $1.5 million from Kamara will seek to open a distribution center in Flagler County. The importation of natural stone from the Republic of Georgia will come through the Port of Jacksonville.
“The plan over the next 2-3 years is to not only do the importing, but also do the design, creation and sculpting,” stated Helga van Eckert, Executive Director for the Flagler County EDC, describing that Kamara would start with distribution to prove the market and later expand to include manufacturing of its products.
Kamara intends to create 10 new jobs each year for three years with an annual economic impact of $1.8 million.
Florida ranks second among the 50 states for having the best business climate, according to a new survey of U.S. corporate executives released at the International Economic Development Council (IEDC) annual conference.
Texas ranked first, Georgia ranked third, followed by South Carolina and North Carolina, respectively.
Conducted by the Development Counsellors International (DCI) every three years, the “Winning Strategies in Economic Development Marketing” survey has tracked trends in economic development since its inception in 1996.
Florida is in the No. 2 spot with 22 percent of the respondents naming it as the state with having the most favorable business climate.
Respondents who named Florida mentioned the state’s pro-business environment, favorable tax climate and its strategic location.