Business Florida 2020 - The Regions
Broward • Indian River • Martin • Miami-Dade • Monroe • Palm Beach • St. Lucie
Two new 74.5-megawatt solar energy centers are coming to Florida’s Southeast, courtesy of this region’s primary energy supplier, Florida Power & Light.
Currently under construction and expected to begin powering customers in early 2020 are:
• Hibiscus Solar Energy Center on 400 acres in Palm Beach County, and
• Sweetbay Solar Energy Center on 566 acres in Martin County.
The two new facilities join five existing FPL solar energy plants and the Martin Next Generation Clean Energy Center, a hybrid solar and natural gas facility, that FPL has built in recent years across Indian River, St. Lucie, Martin and Miami-Dade counties.
The new centers currently under construction are part of FPL’s plan to install more than 30 million solar panels around Florida by 2030. FPL’s “30-by-30” plan, announced in January 2019, will ultimately increase the company’s solar capacity from 950 to 11,000 megawatts.
KEY PLAYERS: Florida Power & Light, Juno Beach
Florida has been a source of cutting-edge technology since 1980 when a team of engineers in Boca Raton gave birth to the IBM PC. In the nearly 40 years since, Florida’s tech industry has grown to become third largest in the U.S. and one of the Southeast region’s primary economic drivers.
Among the region’s long-time tech sector success stories are two Broward County-based companies: Citrix and Ultimate Software. Founded in Fort Lauderdale in 1989, Citrix aims to help businesses simplify digital access to apps and data and take better advantage of cloud, collaboration, networking and visualization technologies. Citrix solutions are used by more than 400,000 businesses, including 99% of Fortune 100 firms and 98% of Fortune 500 firms. Weston-based Ultimate Software develops software to manage time, labor, payroll, benefits and other human resources tasks. In 2019, the firm topped Fortune magazine’s “Best Workplaces for Technology” list for the fourth consecutive year.
Newer companies are finding success here too:
Plantation-based Magic Leap brought its first 3D software product to market a year ago. Now, Magic Leap has formed its first academic partnership, joining with the University of Miami to develop what the company calls “Magicverse” — a blend of augmented reality and human-centered artificial intelligence. The partners hope to engage UM faculty and students to create a variety of applications for Magic Leap’s augmented reality devices.
Dublin-based IT infrastructure management company Kaseya has announced plans to grow its U.S. headquarters in Miami by 100 employees over the next 15 months and to launch “Kaseya Tech Hub,” a Miami-based tech incubator and innovation center.
SR Technologies, a division of SRT Group, elected to establish its new headquarters at Sawgrass Technology Park in Sunrise. The firm, which specializes in design, engineering and R&D for wireless communications, expects to create 40 new jobs as a result.
KEY PLAYERS: Citrix, Fort Lauderdale; Cyxtera Technologies, Miami; Ultimate Software, Weston
Manufacturing is one of this region’s strongest high-wage sectors, accounting for 72,000 jobs in the Greater Miami–Fort Lauderdale metro area alone. Products manufactured by companies in Florida’s Southeast include aircraft parts, building supplies and materials, computer components, medical devices and pharmaceuticals.
Sintavia LLC, a leading tier-one metal additive manufacturer for the aerospace and defense industry, has opened a new 55,000-sq.-ft. advanced manufacturing facility in Hollywood. The new facility, first of its kind in North America to offer large-scale advanced manufacturing production coupled with a robust aerospace quality management system, will serve as both a manufacturing plant and company headquarters.
Aldora Aluminum & Glass Products has consolidated its Southeast Florida headquarters and manufacturing operations under one roof in more than half of a 200,000-sq.-ft. building in Coral Springs with 35 new jobs created. The company manufactures a variety of glass and mirror products, including shower enclosures, table tops and glass entrances.
Ophthalmic surgical instrument manufacturer Oculus Surgical is developing a $7-million, 55,000-sq.-ft. factory at the Tradition Center for Commerce in Port St. Lucie with plans to grow its workforce from 29 to 79.
Techtronic Industries, maker of many popular tools and appliance brands, is moving its U.S. headquarters to Fort Lauderdale and creating 75 jobs in the process. The Hong Kong-based company that is behind such familiar brands as Ryobi and Milwaukee power tools and Hoover, Oreck and Dirt Devil vacuum cleaners, will occupy the 15th floor of 450 E. Las Olas Blvd. when renovations there are complete.
Miami-based SeaVee Boats has consolidated all five of its facilities around Miami into one — a new 220,000-sq.-ft. manufacturing site in Medley where plans call for boosting its workforce from 220 to 325. Prior to opening this new facility, SeaVee manufactured about 165 custom boats per year. Now, with extra space and additional staff, SeaVee hopes to be building 250 boats per year by 2022.
KEY PLAYERS: Allergan, Dublin, Ireland; HEICO, Hollywood; Hoerbiger Corp., Pompano Beach; Pratt & Whitney, East Hartford, Conn.