Economic development that results in new job creation is the key to economic recovery. Thus, now more than ever, the EDC is pleased to share two of our most recent economic development success stories resulting in new jobs:
124 New Jobs: Seminole County-headquartered Nomad Aviation Inc., one of the world's best-known avionics specialists for commercial, military and civilian aircraft, has announced that they will double their workforce here, adding 124 new positions over the next 2 years. To accommodate this expanded workforce, the company will add 33,000-square-feet to its existing facility, which is based at Orlando Sanford International Airport. They also anticipate capital investment of $300,000.
The EDC and Seminole Community College assisted Nomad in acquiring a Quick Response Training grant in the amount of $180,579, which will be used to train their new hires. The average salary of these new jobs is in excess of $65,000.
75 New Jobs: FedEx Ground's recent opening of a new 112,734-square-foot operations facility on Monroe Road in Sanford has created 75 new jobs here in Metro Orlando. The Sanford terminal -- one of 500 in the company's nationwide network -- houses operations for FedEx Ground and FedEx Home Delivery. This Central Florida expansion is part of the company's national expansion strategy designed to increase package processing capacity to meet customer demand.
The EDC's business development team assisted FedEx in identifying potential sites in accordance with the company's specified parameters.
For more recent EDC announcements, click on the category - Economic Development Projects.
