October 21, 2020
Thursday, October 31, 2013
Fiscal year 2012-13 annual report released, highlighting impact on state economy
MIAMI, FL (October 31, 2013) – Today, Enterprise Florida held its quarterly Board of Directors meetings in Miami. During the meeting – led by EFI’s Chairman, Governor Rick Scott; Vice-Chair and President of Regions Bank Florida, Brett Couch; and Secretary of Commerce and President & CEO of Enterprise Florida, Gray Swoope – EFI released its FY 2012-13 annual report, detailing its impact on Florida’s economy.
Governor Scott said, “Gray Swoope and the team at Enterprise Florida have been vital to the work of job creators to expand Florida’s economy. In nearly three years, we have created more than 365,000 private-sector jobs and the state’s unemployment rate is down to its lowest level since September 2008. Florida’s strong economic turnaround continues and businesses across the nation are taking note of Florida’s perfect climate for business.”
By working with its community partners, EFI’s activities have championed Florida as a premier destination for business expansion, location and relocation and have created renewed interest in the state both nationally and internationally. As a result, for fiscal year 2012-13, EFI:
· Announced 25,393 new and retained jobs and $1.955 billion in capital investment. The capital investment represents a 76 percent increase from FY 2010-11.
· Provided 5,750 export counseling sessions to Florida companies and saw an increase of 20 percent in international event participation.
· Projected export sales as reported by companies totaled $725.9 million, a 12.4 percent increase since FY 2010-11.
· Created $248 million in economic impact through sporting events through the Florida Sports Foundation and 42 sports grants awarded.
· The Florida Defense Support Task Force awarded $2.6 million in local defense communities to protect Florida’s military installations and missions.
· Unveiled Florida’s first ever business brand and unified campaign, Florida. The Perfect Climate for Business.Building on the campaign, EFI in conjunction with its partners created the Team Florida Partnership Program which has raised $1.2 million to promote the campaign nationally and internationally.
“Gray and his team continued to deliver improved results in the jobs and capital investments being added in our state almost daily,” said board Vice Chair, Brett Couch. “When you look back at 2013 and see company names like Verizon, Hertz, Navy Federal Credit Union, Northrop Grumman and Amazon creating jobs in our state, it’s clear that this board and EFI are on a diverse growth path.”
Additional highlights from the meeting included:
· Leo Rodriguez, President, Latin America, Emerson Process Management explained why the company chose to locate its Latin American headquarters in Sunrise. The manufacturing and technology company has already created 24 jobs and a capital investment of $1.7 million.
· Florida Department of Transportation Secretary Ananth Prasad detailed Governor Scott’s commitment to position the state’s 15 seaports as a single global shipping hub.
· President & CEO Gray Swoope announced that in the first quarter of FY 2013-14, EFI has announced 43 competitive jobs projects which are contracted to bring 5,757 jobs and an anticipated capital investment of more than $583 million. In addition, EFI’s International Trade and Investment Division conducted 1,330 export counseling sessions with Florida companies so far this fiscal year.
“Our team takes great pride in the success we’ve had over the last few years and in the partnerships we’ve built with our economic development colleagues across the state,” said EFI president & CEO, Gray Swoope. “Working together, the Florida business story is being told across the state and nation. I look forward to continuing the great work we’ve done so far this fiscal year increasing Florida’s competitiveness, growing international trade, and drawing more investment to the state through sports. We look forward to announcing more competitive project wins next year.”
EFI’s board meetings are open to the public with provision for public comment, and are televised live by the Florida Channel. In addition, the Board of Directors section of EFI’s newsroom includes agendas, committee meeting materials, fact sheets and other resources.
Enterprise Florida, Inc. is the principal economic development organization for the state of Florida. The legislatively-mandated organization is a public-private partnership between Florida’s business and government leaders, and serves to expand and diversify the state’s economy through job creation.