One company's plan to relocate its headquarters to the city will help create nearly 100 new job openings in Tampa Florida
The Oettinger Davidoff Group recently announced that it plans to move its current U.S. headquarters from Stamford, Conn., to an existing facility in Tampa
, which will result in the creation of 90 new jobs and $10 million in capital investments.
According to the Pinellas County Economic Development
, those positions will pay 150 percent of the average annual salary in the area. Officials in the county competed with counterparts in South Carolina for the project.
Davidoff, which is based in Switzerland, makes tobacco products and is known for its array of cigars. The company's new headquarters will provide warehouse and distribution to customers throughout the country.
Florida's target industry program will provide Davidoff with tax refunds for the new jobs it creates. The company also will receive funding from the Governor's Quick Action Closing Fund, including $240,000 from the state, $20,000 from the county and up to $64,000 in tax and fee reductions from Pinellas Park.
The additional jobs will be welcome in the Tampa area, which has continued to see a decrease in employment
over the year.
During December 2009, the Tampa-St. Petersburg-Clearwater area's unemployment rate remained at 12.4 percent, following an increase from 11.8 percent during November. The area's rate is higher than the national unemployment rate at the time of 10 percent.
The area had a total non-farm employment of 1,163,100 workers during December, according to the U.S. Department of Labor Bureau of Labor Statistics
. This is up from 1,159,800 workers during November, but a 4.2 percent decrease from December 2008.
Labels: Job openings in Tampa Florida