Panama City, Florida – Florida Gov. Rick Scott has announced that Edge Aerodynamix Inc. will locate its operations near the Northwest Florida Beaches International Airport (ECP) in Bay County. The project will create a $77.92 million in capital investment, including land, and 120 manufacturing, research and development, and marketing jobs.
Gov. Scott said, “Edge Aerodynamix’s creation of 120 jobs in Panama City is great news for Florida families. These jobs will help more Florida families live the American Dream. Since December 2010, we’ve created 651,300 private-sector jobs, and we will continue creating more opportunities so that every Floridian who wants a jobs can get one.”
Edge Aerodynamix specializes in erosion protection and paint protection products for aircraft that do not reduce performance. It has developed a product that promises to generate significant fuel savings for all types of aircraft. The company plans to continue research and development (R&D) on additional products aimed at reducing drag and increasing fuel efficiency. The company has chosen to locate the manufacturing of these products, in addition to its R&D and marketing operations, in Bay County after a competitive site search that included domestic and international sites.
“Edge Aerodynamix is very excited about locating in Bay County, Florida. This area gives our company plenty of room for future growth, an aviation-centric workforce and offers a business friendly environment for our operations,” said Zana Ireland, president of Edge Aerodynamix. “We are thankful that local leaders have placed their trust in us and have partnered with us to make this dream a reality.”
This project was made possible through strong partnerships between Enterprise Florida, the Florida Department of Economic Opportunity, the Bay County Board of County Commissioners, Bay EDA, and Northwest Florida Beaches International Airport.
Source: Edge Aerodynamix Inc.