October 17, 2018
Monday, July 16, 2018
FARNBOROUGH, United Kingdom (July 16, 2018) – This morning, Enterprise Florida (EFI) opened the Florida Pavilion at the 2018 Farnborough International Airshow. The Florida Pavilion is again the largest exhibit of any U.S. state at the event, showcasing 12 Florida-based aviation and aerospace businesses and organizations. The Farnborough Airshow is one of the world’s largest industry events and will be open through July 22.
Every two years, the Farnborough Airshow provides Enterprise Florida and the businesses and organizations exhibiting in the Florida Pavilion with a unique opportunity to demonstrate their competitive advantages in the aviation and aerospace industry.
In addition to hosting the Florida Pavilion, EFI leadership will meet with more than 50 industry-leading companies to discuss what makes Florida the best business state in the nation.
“Events like the Farnborough Airshow allow us not only to help small and medium-sized Florida businesses expand their international footprint, but also to meet with leadership and decision-makers for some of the world’s leading aviation and aerospace companies,” said Joe York, vice-chair of Enterprise Florida’s Board of Directors. “The Florida Pavilion demonstrates the state’s leadership in the industry in a way no other state can match.”
Florida is home to more than 2,200 aerospace and aviation companies employing nearly 100,000 skilled workers. Florida is a major hub for flight training; a leader in maintenance repair and overhaul (MRO) operations; and home to leading manufacturers of all types of aircraft and components. Florida’s manufacturing sector has more than 20,290 companies that employ more than 354,000 Floridians.
Last year, leading Florida-origin exports reached $6.3 billion in civilian aircraft, engines and parts. Another $678 million in turbojets, turbo propellers and parts was exported to countries around the globe.
In total, 12 Florida companies and organizations are participating in the Florida Pavilion, including:
“Space Florida is again pleased to join Enterprise Florida in representing the State of Florida at the Farnborough Air Show,” said Space Florida President Frank DiBello. “Such opportunities significantly help Space Florida and Enterprise Florida continue our path to make Florida the leading U.S. state in the global aerospace industry.”
EFI maintains an extensive schedule of overseas trade missions and exhibitions worldwide. Last year, merchandise trade valued at $147.7 billion flowed through Florida’s ports with Florida-origin exports reaching $55 billion. Florida exported more goods than 190 countries in 2017, making the state one of the world’s leaders in international trade.
Enterprise Florida, Inc. (EFI) is a partnership between Florida’s businesses and government leaders and is the principal economic development organization for Florida. EFI facilitates job growth through recruitment and retention, international trade and exporting, promotion of sporting events, and capital funding programs to assist small and minority businesses. EFI launched “Florida | The Future is Here” to promote the state as the nation’s premier business destination.