Power Design to expand in St. Petersburg, Fl., create new jobsStaff writer ▼ | May 8, 2015
Power Design, a national, family-run electrical contracting business, will expand their headquarters in St. Petersburg, Fl., create 60 new jobs, retain 196 jobs, and invest more than $3 million.
Growth Investment in Florida
Power Design has the unique ability to serve its customers in diverse geographic locations, offer a complete scope of services ranging from design build to project completion and to provide performance and payment bonds on the largest of projects.
Since being founded in 1989, Power Design has attracted a best-in-class customer base, performing work for more than 75 of the top 100 general contractors and developers by revenue volume in the country.
More than 2,600 corporate headquarters call Florida home thanks to the favorable business climate. Now the third most populous state in the nation, Florida is considered a true economic super-state, able to offer companies a low corporate tax rate, no personal income tax and global access. Companies across all industries can benefit from its large market, top-ranked workforce and tremendous diversity.
This project was made possible by the close partnerships between Enterprise Florida, Inc. (EFI), the Florida Department of Economic Opportunity, the Pinellas County Economic Development and the City of St. Petersburg.
Enterprise Florida is a partnership between Florida’s businesses and government leaders and is the principal economic development organization for the state of Florida.
EFI facilitates job growth for Florida businesses through recruitment and retention, international trade and exporting, promotion of sporting events, and capital funding programs to assist small and minority businesses. ■