TALLAHASSEE, Fla. /Florida Newswire/ — Today, Governor Rick Scott announced that Connecticut-based Turbine Controls, Inc. (TCI) – an industry leader in providing aircraft engine component maintenance, repair and overhaul services to aviation and industrial customers across the globe – has announced an upcoming expansion to Miramar, Fla. that will create 60 jobs. TCI has operated in Connecticut for 30 years.
Governor Scott said, “The news that Turbine Controls will create 60 new jobs in Miramar is great news. Sixty more Florida families will now be able to live the American Dream right here in Florida because of Turbine Controls’ expansion. Since December 2010, our state has created around 200,000 private-sector jobs and our unemployment rate is at a four-year record low. Even though we have a lot of work left to do, we are on the right track. It’s working.”
TCI’s new Florida facility will be located in more than 25,000 square feet of leased space at Miramar Park of Commerce. Through its expansion, TCI has committed to hiring 60 new employees and making a capital investment of about $1.5 million for renovation and new equipment. South Florida’s strategic global location, infrastructure and available workforce were important factors in the company’s decision to locate in Florida.
“The State of Florida and the City of Miramar provided both financial incentives and guidance, which made the expansion into Florida an attractive location to achieve the future growth plans of our business,” said Glen Greenberg, TCI’s president and CEO.
Gray Swoope, President and CEO of Enterprise Florida said, “Recruiting TCI to Florida is a real success story because it shows that in partnership, local communities and the state are sustaining the perfect climate for doing business here. When we can attract progressive companies like TCI, which also grows our aviation industry — a target for statewide economic development – we are demonstrating Florida’s capabilities as a pro-business super-state.”
Organizations that collaborated to support TCI’s expansion included the City of Miramar, the Department of Economic Opportunity, Enterprise Florida, Inc. and Greater Fort Lauderdale Alliance.
Larry Lemoine, TCI’s executive vice President and COO said, “The Alliance provided the best overall economic value with excellent guidance for training and development of our employees, working with WorkForce One, along with an ease of doing business throughout the entire construction process.”
Miramar Mayor Lori Moseley said, “The City of Miramar is proud to add Turbine Controls to our growing aviation sector and supporting our ongoing efforts to expand and diversify the City’s economy.”
Greater Fort Lauderdale Alliance President and CEO Bob Swindell said, “We are very happy that Turbine Controls chose Greater Fort Lauderdale/Broward County as the site for its expansion. South Florida’s strategic location as a gateway to Latin America and the Caribbean is evident and we look forward to welcoming more companies to this region who seek access to that important and growing market. TCI’s decision to expand its operation to Miramar is a good indicator that our efforts in growing South Florida’s strong aviation sector continue to resonate very well with companies in that important and growing industry cluster.”
TCI is an FAA approved repair station focused on the overhaul and repair of gas turbine engine components and accessories for commercial, military, industrial and airframe applications. The company’s Miramar facility, which also will house its repair and distribution warehouse, is an ideal location from which TCI can serve its U.S. customers as well as others in Pacific Rim, Middle East and European nations. TCI also plans to further extend its reach to serve customers in South America and the Caribbean.
The company has been approved to receive a Qualified Target Industry (QTI) tax refund of $300,000, an incentive representing matching funds from the city and state. As part of the incentives structure, $116,200 was awarded by the City of Miramar. A company receives the refund only after contractual requirements including meeting job goals.