Get FREE Business News Updates
Florida Trend
Business Florida
Home Welcome Choosing Florida Industries Regions Resources
October 24, 2014

EN ESPA

Northwest: Striking Gold with Green

Alternative fuels and steady growth keep Northwest Florida's economy humming.

Northwest Florida
Demographics for the Northwest Region can be found at Business Florida's interactive map of Florida.

Florida’s Panhandle has long boasted some of the bluest Gulf waters and whitest sugar sand beaches anywhere in the world. These days, there’s a new color in the region’s palate: Green. As Florida moves ahead in reducing greenhouse gases, new opportunities are available for alternative energy production and advanced technology. To help boost this emerging industry sector, the Florida Department of Agriculture and Consumer Services launched its “Farm to Fuel” initiative in 2007, a program aimed at getting Florida’s agricultural industry to produce 25% of the state’s energy needs by the year 2025. The first $25 million in “Farm to Fuel” grants was paid out in January 2008; $15 million of the total allotment went to projects/companies in northwest Florida.

Northwest Florida Resources:

Universities/Colleges
• Chipola College
• Florida A&M University
• Florida State University
• Gulf Coast Community College
• Northwest Florida State College
• Pensacola Junior College
• Tallahassee Community College
• University of West Florida

Airports
• Okaloosa Regional Airport
• Panama City-Bay County International Airport
• Pensacola Regional Airport
• Tallahassee Regional Airport

Seaports
• Port Panama City
• Port of Pensacola
• Port St. Joe

Timber has become the “new coal,” which for northwest Florida, with its abundance of pine forests, is good news. Including under story — broken limbs, stumps and branches — this region has between 2 million and 9 million tons of indigenous timber available for alternative energy production.

But that’s just the start of things to like about this region. Northwest Florida is also home to three state universities, the National High Magnetic Field Laboratory and a heavy military presence. The area’s seven military installations — one naval- and six aviation-related — are a strong draw for aerospace and defense contractors that want to be close to their clients. In northwest Florida, upwards of 37,000 people are employed by the aerospace or defense industry.

Northwest Florida has a solid transportation system, too, including four major commercial airports and three deepwater ports, two of which are designated Foreign Trade Zones.


PENSACOLA/ESCAMBIA COUNTY

Incubator opens: The new Gulf Coast Center for Innovation and Entrepreneurship opened in May 2008 in downtown Pensacola. A joint venture between Pensacola Junior College (PJC) and the Pensacola Bay Area Chamber of Commerce, the center is making available 15,000 square feet of space to start-up companies at PJC’s newly renovated downtown center. Blink MD, a Pensacola-based company specializing in electronic medical records and physician management software, is the incubator’s first tenant.

High-tech haven: The city of Pensacola, the Escambia County Board of Commissioners and the Pensacola/Escambia Promotion and Development Commission are teaming up to create a 9.5-acre technology campus in downtown Pensacola. with more than 500,000 square feet of office space for high-tech businesses.

The University of West Florida has broken ground on a four-story, $32-million Science and Engineering building; classes are expected to begin in the new facility in January 2010.

Business Expansions: Paul Life Sciences has begun a $26-million expansion on its Pensacola Membrane Technology Center; the 40,000-square-foot project will increase employment to 200 jobs.

Hixard Technologies Inc. has received an $18.5-million contract to provide software support for Eglin Air Force Base; three software engineers will be added immediately, with 10 to 15 more high-wage jobs ahead.

Prison Break
The cast and crew of FOX TV’s hit show “Prison Break” found the right scenic backdrop for filming at Pensacola Beach. Florida ranks 3rd in the U.S. for film production. [Photo: Brian Smith]

Tags: Dining & Travel, Energy & Utilities, Business Florida, Northwest

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Fabien Cousteau
Fabien Cousteau

This summer, Fabien Cousteau lived for 31 days aboard the Aquarius, an underwater research laboratory nine miles off the coast of Florida.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How much do you get into Halloween?

  • I'm into it - parties, decorating, theme parks, whatever I can fit in
  • I just participate for the kids
  • Boo - I keep the lights off to avoid trick-or-treaters

See Results

Ballot Box
Subscribe