State analysts agreed Thursday to lower the expected rate of return on Florida’s $154 billion pension fund, which will put more pressure on lawmakers as they craft a new state budget.
Two global engineering companies, Siemens and Chromalloy Gas Turbine Corporation, have chosen Hillsborough County for the headquarters of a new joint manufacturing facility, called Advanced Airfoil Components. With a capital investment of approximately $139 million, the project will create 350 new jobs, according to a statement from Gov. Rick Scott‘s office.
The last shelter used for Hurricane Irma evacuees has closed in Miami-Dade County.
Gov. Rick Scott on Thursday declared a state of emergency in 29 Florida counties as Tropical Storm Nate seems headed for the state. Scott issued Executive Order 17-262 declaring a state of emergency in Escambia, Santa Rosa, Okaloosa, Walton, Holmes, Washington, Bay, Jackson, Calhoun, Gulf, Gadsden, Liberty, Franklin, Leon, Wakulla, Jefferson, Madison, Taylor, Hamilton, Suwannee, Lafayette, Dixie, Columbia, Gilchrist, Levy, Baker, Union, Bradford, and Alachua counties.
Louisiana is helping Florida process its thousands of unemployment claims related to Hurricane Irma. The Louisiana Workforce Commission, the state’s labor department, said Thursday that it reached out to Florida to offer assistance.
The Department of Agriculture and Consumer Services says it’s suing a Pasco County zoo “to shutdown (its) fundraising efforts.” The complaint is against Dade City’s Wild Things and three of its corporate officers, according to a press release sent Thursday.
The Tampa Bay Buccaneers welcome the defending Super Bowl Champion New England Patriots into Raymond James Stadium tonight for the national anthem and a little football. Odds makers have installed the Patriots as 5-point favorites, but this year’s model has a few chinks in the armor, especially the league’s lowest-ranked defense.