Port Tampa Bay steel business gets a boost

July 12, 2017

Tampa’s port is already the largest economic driver in the region, with an estimated economic impact of more than $17 billion. With the addition of two new post-Panamax cranes last year, the approval of a project to deepen and widen the Big Bend Channel to allow larger ships to serve Port Redwing, and a new lease agreement with a steel manufacturing company, Port Tampa Bay is poised to play an even larger role in the shaping Tampa’s manufacturing industry growth.

Steelco Florida, which will produce steel rebar and billets, is planning to invest up to $240 million for a new facility to be constructed on 30 acres of port-owned land near Port Redwing. Once operational, Steelco is expected to hire around 200 full-time employees.

Read the full story about Steelco’s arrival here.

Port Tampa Bay is an asset the Tampa market has only just begun to exploit. Florida’s largest and most diverse port, it offers nearly 5,000 acres of developable land with deep water, rail, and interstate highway access, in a region that boasts one of the best talent markets in the US.

To learn more about manufacturing opportunities at Port Tampa Bay, contact Steve Morey, VP of Business Development, at smorey@tampabayedc.com.