The renewable energy company has leased 65,000 square feet in South Tampa and plans to
Manufacturing
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Manufacturing is Booming in Florida
Manufacturing might not immediately come to mind when thinking about Florida’s industry leaders, but manufacturing is booming in Florida. And the Tampa Bay region boasts the second largest manufacturing base in the state.
Findings from the 2023 Florida Manufacturing report recently released by FloridaCommerce and FloridaMakes, a public-private advocacy program for the industry, states Tampa Bay has more than 3,500 manufacturers and more than 68,000 workers.
Over the last 10 years, aviation and aerospace manufacturing were the fastest-growing segments of manufacturing in Florida, according to the report. Furthermore, the state leads the country in boat building and is second in medical device and equipment manufacturing.
Two years after announcing its initial entrance into Hillsborough County, New Jersey-based manufacturer Norwalt is expanding again. Norwalt is moving into a new facility – more than double its original space – and plans to create 20 more jobs over the next three years.
#2 highest manufacturing employment in the state
– JobsEQ, 2023
Tampa accounts for 18 percent of the total manufacturing employment share in the state
22 or Florida’s 24 MSAs outperform the national average in manufacturing job growth
– CBRE Econometric Advisors
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We see huge growth potential in Tampa. With the larger space we were able to secure here, we expect to fill 80% of our global orders from the Tampa facility. I believe the migration of other tech companies out of California will continue over the next couple of years. We’re excited to be in Tampa and to help this market grow its reputation as a top global business destination.”
– Joseph Castonguay, president of Autoslide North America
Manufacturing Companies Thrive in Tampa Bay
Major Employers
What's New in Tampa Bay?
STM Canna is leasing more than 2,600 square feet in downtown Tampa with plans to
New Jersey-based Norwalt originally expanded to the Tampa market in 2022 and is now expanding
Cadmus Dental Lab leases 21,400 square feet at NetPark with plans to double local workforce