May 12, 2020
Friday, March 7, 2014
After a year of searching in a number of different locations around the United States, the Port of Manatee and the state of Florida, and the support that we got from the state, local, economic development corporation and from the Manatee County Board of Commissioners, really made us feel like this is the place we wanted to be.” - John McGlade, Chairman, President and CEO of Air Products
Air Products of Palmetto is a Fortune 200 company and world leader in clean energy. While the company has conducted manufacturing operations in Wilkes-Barre, PA since the 1960s, they faced constraints in shipping their larger heat exchangers, which can measure 180 feet long and weigh up to 500 tons. The need for a site with deep water port access inspired the search for a secondary facility that could both manufacture the equipment and ship it directly to global customers.
Florida’s availability of 15 deep water ports made the state a front-runner in site selection. Enterprise Florida worked hand-in-hand with the company to identify the ideal property adjacent to a deep water port. Air Products discovered exactly what they were looking for in the small city of Palmetto, right across the highway from Port Manatee. Not only can the company take advantage of readily accessible port services to facilitate global shipping, but the region offers a business-friendly environment and skilled workforce.
Florida’s business climate has improved greatly since Governor Scott took office, thanks to reductions in manufacturing equipment taxes and burdensome regulations. Getting companies to market as quickly as possible is a goal of EFI and its community partners. The Air Products facility will create 250 jobs and a capital investment of more than $50 million over the next four years.