A Florida company is expanding to create a total of 108 new jobs in the state. Tampa Tank, Inc. and Florida Structural Steel will add 24 jobs to its Ybor City headquarters and another 84 to a manufacturing facility in Gibsonton.
“Manufacturing companies like Tampa Tank provide great jobs for Florida families, which is why we eliminated the sales tax on manufacturing equipment to create more opportunities for manufacturers to succeed in our state. We look forward to Tampa Tank’s continued growth in Tampa Bay,” Florida Gov. Rick Scott said in a statement.
The company will invest a combined $18 million in the two expansion projects. Those investments include retrofitting an existing facility and building a brand new, 120,000-square-foot facility in Gibsonton.
“Today’s announcement signifies Tampa Tank’s strong commitment to our community, and the remarkable success our company is enjoying nationally and globally,” said David Hale, CEO of Tampa Tank, Inc. & Florida Structural Steel. “We appreciate the strong support we’ve received from our public and private partners, particularly Port Tampa Bay.”
Tampa Tank launched in 1993. They acquired Florida Structural Steel in 1984. The company currently employs 194 people. They provide custom design, repair and fabrication of welded steel products across the globe.
“Our cost-competitive environment, favorable overall tax structure, and strong workforce make it easy for companies to succeed in Florida. Being ideally positioned to be the global hub for business makes Florida’s manufacturing industry highly integrated with the global economy,” said Bill Johnson, Enterprise Florida president.
According to Scott’s office, Florida ranks among the top 10 in the nation in manufacturing. More than 18,600 manufacturing companies call Florida home and employ more than 321,000 Floridians.
“We faced some tough competition from other locations and worked very hard to help secure this deal for Tampa and Hillsborough County,” said Dr. Ronald Vaughn, chair of the Tampa Hillsborough Economic Development Corp. and president of the University of Tampa. “Tampa Tank’s expansion proves that we have what takes as a region to work collaboratively to transform Port Redwing into a powerful economic engine and ensure that the company can grow its investments and jobs here.”
