Only two months into 2020, the Jacksonville region has seen seven announcements, six of which were in the advanced manufacturing industry. These announcements comprise of $543.8 million in private capital investment and more than 250 jobs for the region thus far.
Yesterday, Collins Aerospace, a manufacturer of technologically advanced and intelligent solutions for the global aerospace and defense industry, announced it will be creating more than 100 jobs and investing $10.6 million into a new 140,000-square-foot Jacksonville facility. According to a company press release, the new operation includes office and advanced manufacturing space, and nearly doubles the current number of Collins Aerospace employees in the region. The advanced manufacturing capability of the facility, to include laser inspection, is another example of Collins Aerospace’s methods to increase operational efficiency.
Earlier this week, metals recycler and manufacturer Commercial Metals Company announced 10 new jobs and a $30 million investment to enhance their facility with the latest innovations for the steel long-products manufacturing and provide more efficient operations. Through the plans, the City of Jacksonville will be able to retain the 250 existing jobs and provide a way for the company to continue to cost-effectively manufacture high-quality steel products for distribution in Florida and regionally throughout the Southeast.
With a full month still left in the first quarter of 2020, the announcements in the thriving advanced manufacturing sector for the Jacksonville region are impressive. Job creation, innovation, cutting edge technology and a statewide spotlight on the region provides momentum for more good news to come.