Gov. Scott announces Chilean join venture with Palm Bay’s Advanced Magnet Lab

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Governor Rick Scott today announced a joint venture between Florida-based Advanced Magnet Lab, the Advanced Innovation Center of Chile, and Fundación Avina. The partnership, located in Vina Del Mar, Chile, will utilize the country as a platform for the demonstration of innovative applications in energy efficiency and production. 

Governor Scott met with Advanced Magnet Lab today in Santiago to discuss this joint venture as part of the trade mission he is leading this week with Enterprise Florida. 

Governor Rick Scott said, “Combining Florida’s world-class research facilities, such as the Advanced Magnet Lab, with Chile’s commitment to innovation will not only benefit our economy, but further elevate the state’s position as a research and development leader.  Pioneering projects like this are made possible by our commitment to strengthening foreign direct investment in our state.”

The venture is expected to generate millions of dollars in investments for Florida and will accelerate the commercialization of projects such as offshore wind turbine generators, aero propulsion and space exploration applications. 

Secretary of Commerce and President and CEO of Enterprise Florida Gray Swoope said, “Our International Trade and Development team does a tremendous job in helping Florida companies grow their business internationally.  Today’s announcement showcases the benefits of international partnerships and how they build awareness of Florida’s strength in research and development.”   

Lynda Weatherman, President and CEO of the Economic Development Commission of Florida’s Space Coast said, “We are seeing with growing frequency signs of the international interest our economy is generating, and the joint venture between AML and the Chilean entities highlights why this trend is so important and exciting.  This partnership celebrates AML’s unique position in its industry and reminds the world of the technological and scientific strength that resides on the Space Coast.”

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Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.