Furniture manufacturing company wants $126K in incentives

Miami /
Jan.January 16, 2015 05:30 PM

An anonymous outdoor furniture manufacturing company, going by the identity of “Project Trooper,” wants to create 21 jobs in a new 100,000-square-foot facility in Miami-Dade County. It just needs incentives to do so.

According to published reports, it is seeking $126,000 over six years through the state’s Qualified Target Industry tax refund program, with $25,200 of that from the county. In return, Project Trooper would retain the 204 jobs it already has and create 21 jobs with an average salary of $42,446.

The company said it would invest $1.25 million to to purchase equipment and renovate a leased 100,000-square-foot manufacturing facility located in County Commission District 2, which includes parts of West Little River, Liberty City, Golden Glades, North Miami Beach, Opa-locka and Hialeah.

“Incentives are critical to the decision to expand in Miami-Dade, as alternative sites offer inexpensive real estate, attractive government incentives, high quality of labor force, and logistics,” the company wrote in its application. Currently, about 80 percent of its sales are outside Florida.

According to the South Florida Business Journal, the Miami-Dade County Commission will consider Project Trooper’s application on Jan. 21. The deal will also require state approval. [South Florida Journal] — Kristina Puga

 

Related Articles

arrow_forward_ios
Q2’s largest retail transaction: Regal Acquisitions’ $34 purchase of CVS-anchored retail at Boulan South Beach hotel (Google Maps)
South Florida’s retail market slowly emerges from pandemic woes in Q2
South Florida’s retail market slowly emerges from pandemic woes in Q2
Nathan Leight and the Coconut Grove estate (One Sotheby's, Terrapin Partners)
Private equity tycoon trades one Coconut Grove estate for another
Private equity tycoon trades one Coconut Grove estate for another
South Florida’s residential markets bounced back in the third quarter
South Florida’s residential sales rise in Q3, led by surge in Palm Beach County
South Florida’s residential sales rise in Q3, led by surge in Palm Beach County
Renderings of the project (Courtesy of Pinnacle)
Pinnacle scores $31M for senior affordable housing development
Pinnacle scores $31M for senior affordable housing development
From left: The Bristol in West Palm Beach; 6431 Pine Tree Drive Circle, Miami Beach; 2325 Desota Drive, Fort Lauderdale; and 12520 Seminole Beach Road, North Palm Beach (Realtor, iStock)
South Florida signed resi contracts up in September: Elliman
South Florida signed resi contracts up in September: Elliman
Miami-Dade County Mayor Carlos A. Gimenez (Credit: Jason Koerner/Getty Images)
Miami-Dade police said pre-Covid evictions could resume. Then came mayor’s stop order
Miami-Dade police said pre-Covid evictions could resume. Then came mayor’s stop order
Florida Gov. Ron DeSantis (Credit: Joe Raedle/Getty Images)
DeSantis moves Miami-Dade, Broward counties into phase two
DeSantis moves Miami-Dade, Broward counties into phase two
Miami-Dade Mayor Carlos Gimenez (Credit: Jason Koerner/Getty Images)
Miami-Dade mayor: Bars and nightclubs won’t reopen until there’s a vaccine
Miami-Dade mayor: Bars and nightclubs won’t reopen until there’s a vaccine
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...