October 21, 2020
Wednesday, May 8, 2013
ORLANDO, Fla. (May 8, 2013) – Grayton Beer Company, LLC, based in Rosemary Beach, is preparing for a multi-year expansion in Walton County that will result in 40 news jobs with salaries averaging $42,855 annually.
“Florida was able to provide Grayton Beer with the talent, resources and partnerships to ensure the company’s continuing growth and investment in our state,” said Florida Secretary of Commerce Gray Swoope, who serves as president & CEO of Enterprise Florida Inc., the state’s lead economic development organization. “This is a win for the families and communities that will benefit from the new jobs that are coming with the business expansion.”
Grayton Beer’s capital expenditures for the project will total more than $1.2 million for production and packaging equipment and enhancements for a new 30,000-square-foot building.
“It has been our goal to expand into our own production and the state of Florida stepped up to help make it a reality,” said Grayton Beer Company President Jamey Price. “We are excited and proud to be adding full-time jobs in South Walton County, especially at a time when unemployment is still so high across the country.”
Before selecting South Walton for its new site, Grayton Beer Company had considered locations in neighboring states. However, it was Florida’s support that led to Grayton Beer expanding in Walton. That support includes for a $542,000 award from the Industry Recruitment, Retention and Expansion Fund (IRREF) Grant Program, which the University of West Florida administers. Senator Don Gaetz authored S.B. 2156, of which the Oil Spill Recovery Act was an important component. The Act allots $10 million annually for three years to eight Northwest Florida counties for research and development, commercialization of research, economic diversification and job creation.
“This project fits exactly the purpose of the Oil Spill Recovery Act passed by the Florida Legislature. Grayton Beer Company brings new jobs that diversify our economy. And there are protections built in to ensure performance and a solid return on investment,” said Senator Gaetz.
The company also qualified for a $280,000 Qualified Target Industry (QTI) tax refund during the next five years. A company receives QTI – a tax refund — after meeting job goals and other contractual requirements.
Organizations that were instrumental to facilitating this expansion were Enterprise Florida Inc., the state’s chief economic development organization, University of West Florida and the Walton County Economic Development Alliance.
“This is a great example of a project that is mutually beneficial for our community and the company. South Walton presents geographic advantages for this brewery’s manufacturing process company, and Grayton Beer Company will provide new full time, high wage jobs in Walton County that we hope will grow beyond the initial 40,” commented Kenneth Pridgen, chairman of the Walton County Board of County Commissioners and the Walton County Economic Development Alliance.
Walton Area Chamber of Commerce President and CEO Kellie Jo Kilberg added, “The Walton Area Chamber is thrilled to see one of our local entrepreneur’s companies expand and create new jobs in manufacturing to assist in growing wealth and diversifying our economy.”
The state has a strategic emphasis on manufacturing in its economic development initiatives.
“Recruiting and expanding manufacturing operations is vital to our job creation and industry diversification efforts, so Grayton Beer’s growth plan aligns perfectly to our strategy,” Swoope explained. “And bravo to Walton County for helping Florida sustain a business climate that is conducive to corporate growth.”
To inquire about jobs at the new brewery, please email a narrative and a resume to email@example.com.
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Enterprise Florida, Inc. (www.eflorida.com) is a partnership between Florida’s business and government leaders and is the principal economic development organization for the state of Florida. Headquartered in Orlando, Enterprise Florida’s mission is to diversify Florida’s economy and create better paying jobs for its citizens by supporting, attracting and helping to create globally competitive businesses in innovative, high-growth industries. In pursuit of its mission, Enterprise Florida works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.