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January 23, 2018

Business Florida 2018 - The Regions

On the Move

| 9/22/2017

Northeast

ECONOMIC ACTIVITY (continued)

Life Sciences/Health Care

JACKSONVILLE With the opening of its administrative and operations center in April 2017, Formativ Health is on track to bring 500 jobs to northeast Florida. Providing insurance verification, scheduling and billing, the firm helps patients navigate large health care systems and allows doctors to focus on patient care.

JACKSONVILLE As construction continues on a $100-million building for oncology, hematology and neurologic/neurosurgical care, Mayo Clinic has announced two more projects that willl provide space for cardiovascular and cardio-thoracic surgery, laboratories, the spine center and pain rehabilitation programs. Since 2015, Mayo has committed to spending more than $300 million on construction that will double its square footage and the number of patients that can be treated.

Key Players

Baptist Health | Jacksonville
Johnson & Johnson Vision Care | Jacksonville
Mayo Clinic | Jacksonville

Jacksonville’s Baptist Health continues to strengthen its partnership with Houston-based MD Anderson Cancer Center with construction of the 330,000-sq.-ft. Baptist MD Anderson Cancer Center directly across the street from a Baptist MD Anderson facility opened in 2015. Anticipated completion: June 2018.

 

Aviation/Defense

JACKSONVILLE GRACE Aerospace is expanding its product manufacturing operations at Cecil Commerce Center and adding 25 jobs. The firm makes wire harnesses and other electronic equipment for military aircraft suppliers, including Lockheed Martin, Northrop Grumman and BAE Systems.

JACKSONVILLE BAE Systems has begun modernization of the U.S. Navy’s USS Roosevelt guided missile destroyer at its Jacksonville shipyard. Anticipated completion: April 2018.

JACKSONVILLE Mayport Naval Station became homeport for a squadron of U.S. Navy littoral combat ships in December 2016 as base officials welcomed the USS Milwaukee and USS Detroit. Three more ships are expected within a year. Smaller and faster than aircraft carriers, LCS vessels are designed to operate close to shore using steerable jet propulsion rather than propellers.

CLAY COUNTY Fleet Readiness Center Southeast is consolidating offices on and near NAS Jacksonville to an 18,000-sq.ft. building in Orange Park. The firm currently employs 3,000 military and 1,000 civilian personnel; the move is expected to create 70 jobs.

Key Players

Embraer Defense & Security | Jacksonville
FlightStar Aircraft Services | Jacksonville
Kaman Aircraft | Jacksonville
Northrop Grumman | Jacksonville

 

Corporate Headquarters

YULEE Timber giant Rayonier will move its headquarters to a site in Nassau County that will bring three offices and 145 employees under one roof. Economic development officials hope the move will be a catalyst for growth in the community of Wildlight, a 2,900-acre mixed-use development that offers highway access, links to three deep water ports and 131 acres adjacent to rail lines.

Key Players

CSX | Jacksonville
Fidelity National Information Services | Jacksonville
Southeastern Grocers | Jacksonville
Stein Mart | Jacksonville

 

Tags: Business Florida

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