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METTLER TOLEDO won Pasco EDC's Business of the Year for the large business category:
Mettler Toledo' s Ms. Margie Custin, Head of Customer Service, America, and Mr. Harry Seibert, Head of Sales accept the award from Mr. Bill Cronin, President and CEO of Pasco EDC, and Keith Appenzeller, CEO of King Engineering.
Their product inspection systems are used by manufacturers in many industries, including food, beverage, pharmaceutical, nutraceutical, personal care, plastics and chemicals, to ensure the total quality of their products and improve the efficiency of their manufacturing and packaging processes.
Mettler Toledo is a Pasco EDC Award Finalist for their outstanding economic growth accomplishments in Pasco County, 2018. The final winners will be announced and recognized at the Pasco EDC 32nd Annual Awards and Trade Show at the Saddlebrook Resort and Spa, September 6th. All nominees were scored based on company growth, leadership in current business issues, and corporate citizenship.
3/29/2018 Mettler Toledo Ribbon Cutting
Mettler-Toledo located it's operations in Pasco County, constructed a 250,000 square foot state of the art manufacturing facility, hired new employees for their expanding operations, and pays an average annual wage (for all jobs created) of at least $51,578 which, at the time of application, was one-hundred and fifty percent (150%) of the Pasco County average annual wage.
An independent report, determined the potential economic benefits of the Mettler-Toledo relocation would lead, directly or indirectly, to the creation of about 775 new jobs, provide salaries (direct and indirect) of approximately $41 million, and add approximately $79 million to the Gross County Product.
The approved Economic Incentive Agreement commits Pasco to provide numerous economic and development incentives:
Economic Development Agreement
a. Roadway infrastructure $3,050,000 (Jobs and Economic Opportunities Trust Fund)
b. Impact, permitting, connection, and mobility fees (Jobs and Economic Opportunities Trust Fund)
c. QTI local match $555,000
d. JCI $1,972,000
e. HIJCB 75% of project’s tax for 10 years
f. Training Funds $200,000 (Jobs and Economic Opportunities Trust Fund)
Board Approved Action: OEG17-002
Description: Complete the extension of the NorthPointe Parkway roadway as a four lane divided public roadway for 1,673 feet with a maintenance and warranty agreement for three years.
Find out if your project qualifies for funding opportunities:
Office of Economic Growth
Contact Us | Office of Economic Growth
8731 Citizens Dr. Suite 350 | New Port Richey, FL 34654
David Engel | Economic Growth Director | firstname.lastname@example.org | 727-815-7092 x8274
Steve Smith | Business Analyst | email@example.com | 727-815-7092 x8829