International Business Guide WELCOME to TAMPA BAY
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TAMPA BAY International Business Guide WELCOME TO TAMPA BAY BY LAND, SEA OR AIR. Strategically located on the west coast of Florida, we deliver a cost-competitive business environment, a high tech workforce and world-class infrastructure and amenities. We are the ideal North American desti- nation to provide your business with access to Latin America and the growing markets of the Southeast United States, including the densely populated Central Florida region. 2 TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION I TAMPAEDC.COM PAGEWELCOME HEADER Downtown Tampa skyline PINELLAS COUNTY ECONOMIC DEVELOPMENT I PCED.ORG WELCOME TO TAMPA BAY 3 INTRODUCTION COMMUNITY PROFILE Tampa Bay generally refers to the Tampa TOTAL MSA POPULATION: Metropolitan Statistical Area (MSA), which includes the principal cities of Tampa, St. Petersburg and Clearwater and the counties of Hillsborough and Pinellas in which they are located. Pasco and Hernando counties are also 2.9 MILLION in the MSA. We are the 18th largest metro area in the United States, and the second largest in Florida, a rapidly grow- ing state with the 18th largest economy in the world. CORPORATE PRESENCE Tampa Bay is powered by top companies with local TOTAL MSA roots and global impact. Some of the most recognized names in international business have a presence here, LABOR FORCE: spanning a diverse assortment of industry sectors. 1.4 MILLION TAMPA-ST. PETERSBURG-CLEARWATER MSA PINELLAS HILLSBOROUGH COUNTY COUNTY 75 Temple MEDIAN AGE: Terrace Tampa Intl. 4 Airport (TPA) Clearwater TAMPA 35 36 37 38 39 St. Pete-Clearwater Port Tampa Intl. Airport (PIE) Bay MacDill Air COLLEGE St. Petersburg Force Base DEGREE 275 Sun City 75 Center HOLDERS: 31% RECENT EXPANSIONS AND RELOCATIONS Tampa Bay is one of the hottest markets in the country for corporate expansion and relocation. As of the end of fiscal year 2015, roughly350 companies have invested in our community, creating over 29,000 new jobs and more than $1.8 billion in capital investment. Ç Ashley Furniture Industries selects Tampa for Ashcomm, LLC, its new U.S. e-commerce headquarters Ç Bristol-Myers Squibb opens North America Capability Center in Tampa Ç Johnson & Johnson chooses Tampa for North American shared services headquarters 4 TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION I TAMPAEDC.COM 75 INTRODUCTION MAJOR EMPLOYERS IN TAMPA BAY FAST FACT Amazon Johnson & THE TAMPA-ST.PETERSBURG-CLEARWATER Bausch + Lomb Johnson MSA IS PROJECTED TO GROW NEARLY SEVEN PERCENT IN THE NEXT FIVE YEARS, Bloomin’ Brands MetLife AND MORE THAN 29 PERCENT BY 2040. Bristol-Myers Morgan Stanley Squibb The Mosaic Company CAE QUALITY LIFESTYLE New York Life Citi Ç Our lifestyle and affordability make it easy to attract Nielsen Coca-Cola and retain top talent. Refreshments PODS Ç We offer three distinct downtown business districts and 35 miles of the best beaches in the world. Cognizant Progressive Ç Insurance The cost of living index in the Tampa metro area Covidien (92.6) is the lowest among all major markets in the Southeast U.S. PwC DTCC Ç The average home price is $159,000. Raymond James GE Aviation Ç Financial We’re among the Top 5 locations in the country “Where People Are Moving Now.” Gerdau Raytheon Ç Tampa is ranked one of “America’s 50 Best Cities” Honeywell and scores in the Top 20 for “Most Livable Cities in Sykes America.” HSN Tech Data Ç St. Petersburg was ranked by the New York Times as Jabil one of the “52 Destinations in the World to See in 2014.” USAA James Hardie Valpak JPMorgan Chase PINELLAS COUNTY ECONOMIC DEVELOPMENT CORPORATION I PCED.ORG WELCOME TO TAMPA BAY 5 TESTIMONIAL iQor MAJOR INDUSTRY SECTORS “Moving iQor’s corporate TAMPA BAY IS A DRIVING FORCE BEHIND FLORIDA’S POSITION AS THE NUMBER ONE STATE headquarters to FOR INNOVATION. St. Petersburg... Leveraging our natural, intellectual and economic FINANCIAL AND PROFESSIONAL SERVICES is a natural fit for resources, we’ve developed competitive strengths Tampa Bay is a strategic center of growth for the finan- across a diverse range of high tech, high-value industry cial and shared services operations of major companies us. The region’s sectors. around the world. Nearly one in four business and large pool of highly- information services firms in Florida are located within AVIATION AND AEROSPACE our region, including some of the biggest names in skilled talent, strong Tampa Bay is the birthplace of commercial aviation and banking, finance, and insurance. business climate, the headquarters of the National Aviation Academy, TOP COMPANIES: Citi, DTCC, JP Morgan Chase, with an influential cluster of major aircraft and aircraft MetLife, New York Life, PwC, Raymond James, and outstanding components manufacturers. TransferWise, Willis Towers Watson and Franklin TOP COMPANIES: Aerosonic, CAE, GE Aviation, L-3, Templeton. infrastructure Lockheed Martin. will support iQor’s DEFENSE AND SECURITY increasing scale As the site of MacDill Air Force Base and U.S. Special and culture of Operations Command, Tampa Bay is a leader in the growing convergence of defense and technology, a top innovation.” location for defense contractors, and home to one of the largest veteran labor forces in the United States. — Hartmut Liebel, TOP COMPANIES: General Dynamics, Harris CEO of iQor Corporation, Honeywell, Northrop Grumman, Raytheon. 6 TAMPA HILLSBOROUGH ECONOMIC DEVELOPMENT CORPORATION I TAMPAEDC.COM MAJOR INDUSTRY SECTORS FAST FACT TAMPA BAY IS ALSO AN EMERGING POWERHOUSE IN FILM AND DIGITAL MEDIA PRODUCTION, WITH A LONG LIST OF CREDITS THAT INCLUDE HOLLYWOOD BLOCKBUSTERS LIKE DOLPHIN TALE AND THE BRYAN CRANSTON CRIME DRAMA, THE INFILTRATOR. IN 2014, WE ATTRACTED INTERNATIONAL ATTENTION AS THE FIRST LOCATION IN THE U.S. TO HOST THE IIFA BOLLYWOOD OSCARS. INFORMATION TECHNOLOGY SUCCESS STORY ✎ The Florida High Tech Corridor, anchored by the Tampa Bay region, is one of the top tech job hot spots in the United THUNDERDOME States. We account for 20 percent of the information tech- nology positions in Florida, and local growth within the IT In 2015, military and industry is projected to increase significantly over the next civilian leaders launched five years. Thunderdome, a unique TOP COMPANIES: Cognizant, Connectwise, IBM, innovation accelerator Syniverse, Tech Data, Tribridge. driven by United States LIFE SCIENCES AND MEDICAL DEVICES Special Operations Command (USSOCOM), Tampa Bay is a major market for Florida’s fast-growing life that positions Tampa Bay sciences industry, which includes more than 5,400 com- panies and supports close to 80,000 jobs. Nearly 15 as the epicenter of develop- percent of Florida’s biotech companies and 22 percent of ment for new industrial, military, the pharmaceutical and medical manufacturing workforce and consumer technologies. can be found in Tampa Bay. A multidisciplinary partner- TOP COMPANIES: Baxter, Bausch + Lomb, Bristol-Myers ship between academia, Squibb, ConMed Linvatec, Covidien , Johnson & Johnson. business and government, Thunderdome will align the MANUFACTURING technology transfer capabilities Tampa Bay has the second largest base of manufacturing of our regional universities employment in Florida, including more than 2,000 manu- with the technology transfer facturing firms employing over 60,000 people. From offices of all service precise military specifications to the creation and develop- branches of the United ment of medical devices and manufacturing in highly regulated industries, our businesses are advancing modern States Department of manufacturing technology and making an impact across Defense to create the globe. the largest pool of TOP COMPANIES: GE Energy Management, Gerdau, patents in the world. Jabil, James Hardie, Masonite, Transitions Optical. PINELLAS COUNTY ECONOMIC DEVELOPMENT I PCED.ORG WELCOME TO TAMPA BAY 7 CONNECTIVITY WITH A MULTI-MODAL TRANSPORTATION SYSTEM THAT SUPPORTS NEARLY 20 MILLION RESIDENTS AND 100 MILLION VISITORS EACH YEAR, FLORIDA’S INFRASTRUCTURE IS RANKED #2 IN THE NATION, AND THE TAMPA BAY REGION IS ITS CENTRAL HUB. TAMPA INTERNATIONAL AIRPORT (TPA), located TPA offers nonstop access to major cities worldwide, just 15 minutes from Tampa’s downtown business dis- with 257 daily departures to 80 domestic and interna- trict, is one of the most convenient and efficient airports tional destinations, as well as world-class corporate in the country for business travel. Recognized as the #2 aviation services with separate customs and border airport in the U.S. by Condé Nast Traveller and Travel & protection facilities. Leisure magazines, TPA provides global access to 18.5 International direct flights include service to major million passengers each year. The airport is currently business destinations such as Frankfurt, London, investing in a $1 billion expansion and renovation pro- Montreal, Ottawa, Panama City, Toronto, and Zurich. gram, which will add a new off-site rental car facility, as Tampa International Airport also provides direct service well as a monorail, hotel and office buildings. to three cities in Cuba and the Bahamas. >> KEY DIRECT ROUTES FROM TAMPA INTERNATIONAL AIRPORT (TPA)* -3 -2 -1 EST +1 +2 +3 +4 +5 +6 London Frankfurt Seattle Minneapolis/ Zurich St. Paul Montreal Toronto Chicago Detroit Boston Denver New York Las Vegas Washington D.C. Atlanta Los Angeles Dallas/Ft. Worth Austin TAMPA Houston INTERNATIONAL NONSTOP FLIGHTS FROM TAMPA: Marsh Harbour Miami Frankfurt, Germany (FRA) Grand Cayman, Havana Cayman Islands (GCM) Holguin London, UK (LGW) Santa Clara