Highlights of Economic and Business Growth in the Tampa Bay Region
Tuesday, September 23, 2008 5:06 AM
Symbols: JBL, LLL, PGN

TAMPA BAY, Fla., Sept. 23 /PRNewswire/ -- News briefs concerning economic and business growth in the Tampa Bay Region from the Tampa Bay Partnership:

Tampa Bay Has Right Prescription for Expansion

WellDyneRx, a national pharmacy benefit management company, has announced plans to more than triple their prescription mail service capacity with the opening of a new 66,000-square-foot facility in Lakeland, Fla. The expansion into Tampa Bay creates 670 new high wage jobs. WellDyneRx also plans to invest $20 million to establish its southeastern operations center. Slated to open in November 2008, the new facility will utilize an advanced robotic dispensing and distribution system capable of filling more than 30 million prescriptions annually. The Lakeland location provides immediate access to major drug distribution centers and national transportation services for timely, cost effective shipments to WellDyneRx's clients across the nation. (Contact: Susan Cain, 303-645-2613, scain@welldynerx.com)

Jabil to Remain in Tampa Bay, Build New Worldwide HQ

Jabil Circuit, Inc. (NYSE: JBL), a global electronic product solutions company, announced its selection of St. Petersburg, Fla., to remain as its worldwide headquarters. Jabil will build and equip a new worldwide headquarters, and manufacturing, research and development facilities in St. Petersburg, with an estimated value of $54 million. The announcement included a commitment to create an additional 858 jobs in the coming years. Jabil currently has 1,838 Tampa Bay employees. (Contact: Beth Walters, 727-803-3349, beth_walters@jabil.com)

'Black Box' Producer Expanding

L-3 Aviation Recorders announced it will stay in Tampa Bay and expand its operations. The Sarasota-based company, which produces more than 70 percent of the world's cockpit voice and flight data recorders (or 'black boxes') and 80 percent of the world's marine recorders, signed a 10-year lease on its existing 100,000-square-foot facility with plans to expand their Manatee County operations.


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