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Targeted Industries

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Targeted Industries 2017-03-20T16:12:27+00:00

Florida’s Coastal Hub for Business Growth

Lee County, Florida has become the coastal hub for business growth in Southwest Florida, fostering the development of a diverse and dynamic economy. With the region’s business incentives and unsurpassed quality of life, more and more companies are relocating to the area.

From fashion icon Chico’s and cancer care service provider 21st Century Oncology to a handful of companies that recently relocated to the region like Fortune 500 car rental giant Hertz, Universal Trailer Holdings Corp. and Camuto Group – companies across multiple sectors have chosen Lee County.

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State Industries:

Few states can match the scale and scope of Florida’s industry assets. The state’s competitive costs, large talent pool, comprehensive infrastructure, global connectivity, and huge market have supported the growth of a robust economy, with particular strength in the following 9 key areas:

Today, many industry leaders in life sciences are located in Florida, including pharmaceutical and medical device companies, biotech companies and a strong foundation of healthcare facilities. The state has the third largest medical device manufacturing industry in the U.S., with nearly 19,000 Floridians working in the field. Also impressive are the hospitals and more than 762,000 healthcare workers that contribute to finding treatment options for Alzheimer’s, cancer, diabetes, heart disease and other conditions.
For more information on Florida’s strengths in Life Sciences click here Life Sciences Fact Sheet
Since Florida has some of the best infrastructure in the U.S., logistics and distribution is a big business. A large portion of the population is employed by the broader wholesale trade, transportation and logistics industry. Most global logistics companies have a presence in Florida, which serves as the Western Hemisphere’s commercial gateway: Ryder Systems, Inc., Landstar Systems, Inc., CSX Corporation and many others.

Florida has one of the world’s most extensive multimodal transportation systems, with international airports, deep-water shipping ports, highway and rail networks, two spaceports and multiple high-speed data transmission hubs. This advanced infrastructure makes it easy for businesses to expand their global reach.

For more information on Florida’s strengths in Logistics and Distribution click here Logistics and Distribution Fact Sheet

The world’s focus on sustainability and innovative technologies is growing rapidly, and Florida is keeping up. Florida is third in cleantech employment, No. 1 in annual biomass production and seventh among states for generation of utility-scale solar energy. Major cleantech projects are creating thousands of jobs in clean energy generation, energy efficient products, water and bioremediation technologies and green buildings. Cleantech companies calling Florida home are Mitsubishi Power Systems Americas, Siemens Energy and Saft.

For more information about Florida’s strengths in Cleantech click here Cleantech Fact Sheet

Florida’s history in the aviation and aerospace industry is rich, to say the least. The state is the birthplace of commercial aviation and the air transport hub of the Western Hemisphere. Florida has also achieved two No. 1 rankings in the industry: No. 1 for air transportation and flight training businesses and No. 1 U.S. airport for international cargo. The industry continues to grow, with more than 470 companies excelling in areas from intelligence surveillance to missiles.

For more information about Florida’s strengths in Aviation and Aerospace click here Aviation and Aerospace Fact Sheet

Florida’s technologically advanced economy, military assets and specially trained workforce create the ideal environment for the growing defense and homeland security industry. The state is the home base for 20 major military installations, three unified combatant commands and most of the country’s leading military contractors. Florida also boasts several high national rankings: No. 1 state for aviation and aerospace manufacturing attractiveness, second among U.S. for space and defense systems manufacturing and second among U.S. states for aerospace and products and parts manufacturing.

For more information on Florida’s strengths in Defense/Homeland Security click here Defense/Homeland Security Fact Sheet

Lee County Growth Industries

Lee County is fortunate to posses assets and strengths that allow growth potential and create a competitive advantage in these key areas:

Manufacturing in Florida is diverse, with sectors producing immediate and finished products ranging from plastics to motor vehicles. Contributing to Florida’s economy are over 18,200 manufacturers employing more than 317,000 workers.
In terms of employment and wages in Florida’s top 20 manufacturing segments, the aerospace product and parts sector comes out on top, followed closely by medical equipment and supplies.
Ranked by Chief Executive Magazine as the second best state for business, Florida attracts numerous headquarters operations and related support functions, such as back office/shared services and research and development. Companies across a variety of industries can benefit from the Sunshine State’s large market, educated workforce and tremendous diversity.
With a diversified economic structure, Florida has become a global player in the financial and professional services industry. Excelling in finance, the state hosts 200 commercial banks with $124 billion in assets. In addition, Florida has more than 93,000 professional services establishments, offering legal services, accounting, consulting, architecture, engineering, R&D and related fields.
Due to the state’s proximity and cultural connection with Latin America, Florida has grown into an international banking center. Supporting this international economic impact are 126,000 financial and professional services firms and their 864,000 employees.
Florida has been a leader in information technology (IT) since the birth of IBM PC in Boca Raton. In fact, Florida ranks third among states for high-tech establishments. The state’s strengths in IT range from photonics, to mobile technologies, to communications equipment and other sectors. The industry continues to grow and diversify, with more than 26,000 IT companies and 245,000 professionals.
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