Business Florida 2021 - The Regions
Broward • Indian River • Martin • Miami-Dade • Monroe • Palm Beach • St. Lucie
Manufacturing is big business in the Southeast region where three counties are among the top 10 for manufacturing jobs in Florida. Miami-Dade County is ranked No. 1 with more than 41,000 people employed, followed by Broward at No. 5 with more than 28,000 and Palm Beach at No. 8 with just under 20,000.
Manufacturers in the aerospace and defense industries are particularly active. Vero Beach-based Piper Aircraft nearly tripled its output of aircraft and doubled its workforce since 2009, and in 2018, jet engine maker Pratt & Whitney announced plans to expand in northwest Palm Beach County and create 215 new engineering jobs. Joining Palm Beach County’s growing aerospace hub is engineering firm Cyient Defense Services, adding 50 jobs to its existing workforce and a new 30,000-sq.-ft. facility near Jupiter. Sintavia, a leading manufacturer of metal additives for the aerospace and defense industries, opened its new 55,000-sq.-ft. advanced manufacturing facility in Hollywood, and AAR Landing Gear is increasing its workforce by 100 jobs, expanding its Medley headquarters.
Manufacturers in other industry sectors are growing too:
• Sports equipment maker Fluorotek USA plans to add nearly 75 employees at its new facility in Riviera Beach.
• Lighting and electrical products company Tamco Group has consolidated operations with the opening of its $38-million, 411,000-sq.-ft. manufacturing center in Port St. Lucie.
• Maverick Boat Group, maker of Cobia fishing boats in Fort Pierce, has increased its local workforce from 287 to nearly 400.
Wire and cable manufacturer Accel International Holdings has selected Port St. Lucie as the site of its new 150,000-sq.-ft. facility for the manufacture of high-performance cables, wires and conductors; an estimated 125 new jobs are expected by 2021.
KEY PLAYERS: HEICO, Hollywood; Noven Pharmaceuticals, Miami; Pratt & Whitney, East Hartford, Conn.; Tectronic Industries, Fort Lauderdale
Business Services & Support
Global investment banking services firm Corporate Finance Associates is expanding its North American operations to Miami. The Los Angeles-based company provides merger and acquisition, business evaluation, capital resources, and financial advisory services to middle-market businesses at more than 30 locations throughout the U.S., Europe and India.
Slalom, a consulting firm focused on assisting companies of all configurations with strategy, technology and business transformation, has opened a Miami office, its first in Florida. Founded in 2001 and headquartered in Seattle, Slalom was named one of Fortune’s 100 Best Companies to Work For in 2019. Slalom’s plans call for expansion throughout Florida within the next 24 months, including the addition of offices in Tampa, St. Petersburg, Orlando and Jacksonville.
KEY PLAYERS: American Express, Sunrise; Office Depot, Boca Raton; Zimmerman Advertising, Fort Lauderdale
Health Care & Life Sciences
Health care facilities in Florida’s Southeast are top of the line. For the 17th consecutive year, Bascom Palmer Eye Institute at the University of Miami has taken 1st place nationwide for ophthalmology on U.S. News & World Report’s “Best Hospitals 2020-21.” Also cited: Cleveland Clinic Florida in Weston for gastroenterology and GI surgery (No. 29); and University of Miami Hospital and Clinics for ear, nose and throat (No. 28). On U.S. News & World Report’s Best Children’s Hospitals 2020-21, Nicklaus Children’s Hospital in Miami was singled out in five pediatric specialties: neurology & neurosurgery (No. 23); pulmonology and lung surgery (No. 35); orthopedics (No. 36); cardiology & heart surgery (No. 46); and diabetes & endocrinology (No. 49). Also cited: Holtz Children’s Hospital at UM-Jackson Memorial Medical in Miami for diabetes & endocrinology (No. 48) and Joe DiMaggio Children’s Hospital in Hollywood for orthopedics (No. 25) and cardiology and heart surgery (No. 48).