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Rick Scott highlights job growth with Fort Walton Machining expansion

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Gov. Rick Scott gave a progress report Thursday on a 30-job expansion for Panhandle manufacturing company Fort Walton Machining.

“I am excited to visit Fort Walton Machining today to celebrate their recent job growth,” Scott said in a news release. “We have made a lot of exciting jobs announcements this week because Florida is on the way to becoming the number one place for business.”

The 30-year-old company first announced expansion plans in July, committing to 30 new jobs and $1.5 million in capital investments. The new jobs are part of an incentives deal, and the company said it has added eight jobs since that announcement, though details of the incentives package for the expansion were not in the release.

The company has an active deal from 2011 with the state that would pay $150,000 in brownfield redevelopment funds for 60 new jobs and a capital investment of $2 million, though Department of Economic Opportunity data doesn’t show any confirmed new jobs or incentives payouts to the company.

Brownfield funds go to companies that set up shop in abandoned or underused industrial areas and are given out through tax credits.

Drew Wilson covers legislative campaigns and fundraising for SaintPetersBlog and While at the University of Florida, Wilson was an editor at The Independent Florida Alligator and after graduation, he moved to Los Angeles to cover business deals for The Hollywood Reporter. Before joining Extensive Enterprises, Wilson covered the state economy and Legislature for LobbyTools.

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