Florida Ranked 2nd for Business Climate

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.

Georgia Pacific

Georgia Pacific, a manufacturer of tissue, pulp, paper, packaging, building products and related chemicals, announced that its Palatka mill has been selected for the company’s $400 million expansion in its GP Consumer (retail) tissue and towel business.

Investments to the Palatka mill include building a new paper machine using through-air-dried (TAD) technology, as well as adding associated converting equipment and infrastructure. Engineering and related work is beginning immediately, and startup of the upgraded operation is scheduled for 2019.

Approximately 80 jobs will be created to operate the new papermaking complex, in addition to the mill’s 850 current employees. An average of 160 construction and contract-related workers are expected to be onsite at the mill everyday during the project, with a potential peak of 700 contract workers per day at the height of construction.

“This upgrade to our operations in Florida underscores our long history of investment in the state by Georgia-Pacific and Koch companies,” said Christian Fischer, Georgia-Pacific president and chief executive officer. “We appreciate the ongoing support of the local community, Putnam County and state officials in our efforts to continue making our Palatka mill more competitive for the long-term.

In the last 10 years, capital investment and acquisitions in the Palatka mill have totaled $306 million and statewide investments have totaled $1.5 billion.

“The Palatka mill has been a major economic contributor in Putnam County for 70 years,” said Larry Harvey, chairman, Putnam County Board of County Commissioners. “It is gratifying that Georgia-Pacific continues to see our community as a solid location for significant investment. With this new manufacturing technology coming to the Palatka mill, we look forward to many more decades of opportunity together.”

The Palatka mill currently operates two kraft paper machines, three paper machines manufacturing paper for bath tissue and paper towels, and a number of converting operations producing finished paper products.

The improvements will allow Georgia-Pacific’s current and potential customers to grow their premium private label towel brands, as well as expand the company’s Brawny® premium paper towel brand.

“This significant investment demonstrates our commitment to GP’s consumer business, our hard-working teams and our current and potential customers,” said Kathy Walters, Group President – Georgia-Pacific Consumer Products Group. “It also allows us to further leverage the many advantages we have, including our breadth of offerings, excellence in manufacturing operations and research and development to create products that consumers value.”

In Florida, Georgia-Pacific operates three facilities and employs nearly 1,600 people with total annual compensation and benefits of more than $143 million.



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Jacksonville Continues Partnership with the Jaguars to Attract Foreign Direct Investment

The unique coordination between the Jacksonville Jaguars and JAXUSA Partnership, the regional economic development organization in Jacksonville, Florida, is helping support job growth in Northeast Florida. The annual game in London, which began in 2013, provides a prime opportunity to sell Jacksonville to the world. Jaguars owner Shad Khan has been instrumental in opening doors for local leaders to build and grow long-term relationships with international companies.

This year, the Jacksonville delegation is inviting U.K.-based companies looking to expand operations into the U.S. to sit down with the delegation to discuss future growth opportunities. The meetings will be held Wednesday, September 20 and Thursday, September 21 at the Dorchester Hotel in London. To schedule your meeting and for additional details, please click here.

Jacksonville is a competitive player in the global marketplace. With nearly 30 countries represented by a diverse group of companies, we are a growing hub for international business. Foreign Direct Investment (FDI) from the U.K. and other global locations is a vital part of the region’s overall development and sustainability strategy.

JAXUSA saw an opportunity to partner with the Jaguars to help us tell our story to a larger global audience. These missions help us connect with top company leaders and work toward bringing jobs and economic growth to the Jacksonville region. They also add a higher profile to our presence overseas and open doors to new investment opportunities.

Below are a few successes from past London missions:

  • Greencore, an Ireland-based food-preparation company, expanded its operations in Jacksonville, creating hundreds of jobs in our region. This was the first of several projects associated with the city’s economic development mission to London with the Jaguars.
  • City Facilities Management FL, a subsidiary of City Refrigeration Holdings based in Scotland, selected Jacksonville for its North American headquarters, creating 110 new Florida jobs. The company operates around the world with more than 12,000 employees and is the largest privately-held facilities management company in the United Kingdom and Australia.
  • Resource Solutions, an international recruiting services firm, opened a global service center in Jacksonville, adding 75 skilled jobs. The London-based company, which provides outsourcing solutions for many of the world’s leading brands, is seeking to grow its operations in the United States. And, as the company’s U.S. market share grows, so will its operations in Jacksonville.