Tuesday, September 30, 2014

Economic Development Projects in Palm Beach County's Pipeline

Jeff Ostrowski reports on some very big business news for Palm Beach County. Click title for link. All of these are very cryptic, especially "Project Framework" - imagine what that would do for the Lake Worth Park of Commerce and our local economy!
"One company, which Smallridge [Kelly Smallridge, president of the Business Development Board of Palm Beach County] identified only by the codename Project Gemini, is looking for a place to build a $175 million manufacturing plant with 250 workers, she said Thursday.
'We need that really bad for the Glades area,' Smallridge told Business Development Board members during a meeting in West Palm Beach.
The other company, known as Project Carbon, would spend $7 million on a green energy facility with 100 jobs.
The Business Development Board has pushed for economic development in Belle Glade, Pahokee and South Bay, poor areas in an affluent county. Smallridge estimated that unemployment in the Glades is 36 percent.
Smallridge said she’s also wooing another company that would be a coup for the county. Project Framework is looking for a 200,000-square-foot facility somewhere in central or southern Palm Beach County. That company would bring 1,000 jobs."