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EFI has an international office in Munich that serves German businesses and business owners.
Marking a strong investment from Germany in Florida, there are 173 German companies with 658 branch locations in the state, supporting 37,000 jobs. This makes Germany the third-largest foreign investor in Florida as ranked by employment, according to the U.S. Bureau of Economic Analysis.
In 2019, total merchandise trade between Florida and Germany totaled $4.9 billion, making it Florida’s eighth-largest market for bilateral trade. In the last five years, bilateral trade has grown by 102.0%, and 259.6% in the past 10 years. Florida exports to Germany in 2019 totaled $1.1 billion, making it the state’s 18th largest export market. The leading exports to Germany included aircraft, optical fibers, vehicles, taps, clocks, switchboards and electric panels. Florida imports from Germany in 2019 totaled $3.8 billion, making it Florida’s fifth-largest import market. The leading imports from Germany included vehicles, turbojets, turbines, horses, mules, hinnies, wood sawed or chipped and parts of balloons.
From Biotest Pharmaceuticals Corporation — which is a global provider of plasma protein therapies with regional U.S. headquarters in Boca Raton, FL — to Hellmann Network Inc., a logistics services company with U.S. headquarters in Doral, FL, there are numerous established companies from the German markets doing business in Florida. Other notable businesses include St. Augustine-based 2G CENERGY Power Systems Technologies Inc., which specializes in manufacturing decentralized CHP power generation equipment and modular co-generation power plants, and Zeppelin Systems USA, Inc., the Plant Engineering division of the Zeppelin Group, based in Odessa, Florida’s Tampa Bay area.
With a workforce of over 10 million, Florida offers a diverse and enthusiastic talent pool to German businesses based in the state. Florida is ranked #4 in the U.S. for high-tech employment and added the second-highest number of tech jobs in 2018. With world-class educational institutions, which are among the nation’s top producers of STEM graduates, Florida will continue to offer a leading talent pool to its foreign-owned companies.
80335 Munich, Germany