Your Business: COVID-19 Resources, Loan Options, and Updates Learn More Here

Florida ranks No. 4 among exporting states, and it's growing!

February 29, 2012

Florida ranks the nation’s fourth-largest export state with a record $64.8 billion in  exports last year.  Business is so great that Florida saw a 17 percent increase in exports in 2011 in comparison to 2010.  Who got the top 3 spots? Texas, California and New York.

Even through a down economy, U.S. Department of Commerce shows that exports grew 18 percent overall in 2011. Companies that weren’t exporting before are trying it now, and the Latin American market is their target.  Allen Brinkman, chairman, president and chief executive of SunTrust Bank-Tampa Bay said, "Twenty-five percent of SunTrust commercial customers in the Tampa Bay area do business in Latin America, Brazil and Colombia,"  according to an article by Tampa Bay Business Journal in July 2011 Why is Tampa Bay a hot market for exporting. It's simple: central location in Florida, access to I-75, and access to the ports. But wait, it's supposed to get better! This week, Tampa Bay business and community leaders signed a deal with the federal government to help boost exporting for the region.  The hopes of course are to boost manufacturing, and of course create jobs! Sources: Orlando Business Journal, Tampa Bay Business Journal, Tampa Bay Times

CONTACT ME
Jennifer Lachtara
Jennifer Lachtara
Marketing/Communications Coordinator
.(JavaScript must be enabled to view this email address)

 LinkedIn Profile

Categories
About Pasco EDC
Businesses Love Pasco
Education
Grow Your Business
Healthcare
In other news...
Industry Spotlight
International Trade & Investment
Manufacturing
Microloan Fund
Move Your Business
News Releases
Pasco EDC Events
Site Selection
Start Your Business
Startups and Small Business
Success Stories
Sustainability
Tampa Bay
Technology
Tourism
Workforce
View All

GET ALL THE LATEST UPDATES
on Pasco County delivered to your inbox.