Welbilt, Inc. announced today that it will host an Investor Day at its headquarters in New Port Richey, FL on May 14, 2019. President and Chief Executive Officer
Bill Johnson and other members of Welbilt’s executive management team will provide an in-depth review of the Company’s long-term vision and growth strategies, capital allocation framework, and operational and financial objectives.
Pasco Economic Development Council (Pasco EDC) and the Office of Economic Growth negotiated incentives for Welbilt FSG U.S. Holdings, LLC, a food equipment manufacturer, for a $13,250,000 capital investment project that includes, 35,500 square foot expansion and a new parking garage.
Description: Welbilt FSG U.S. Holdings, LLC to retain and expand its operations in Pasco County, construct a 35,500* square foot Class A corporate office addition to their existing facility, construct a 190-space parking garage, and hire 110 new employees, paying an average annual wage for all jobs created of at least $68,770 which is two-hundred percent (200%) of the Pasco County average annual wage.
*This has since changed to an estimated development of 25,000 square feet