Tampa Tank to Expand in Ybor City and Port Tampa Bay
January 27, 2015
TAMPA, Fla. / Tampa Tank, Inc. & Florida Structural Steel today announced its decision to expand in Hillsborough County and add 108 new jobs – 24 jobs at its headquarters facility in Ybor City, and 84 jobs at a refurbished manufacturing facility in Port Redwing. Port Tampa Bay will lease the company two buildings at Port Redwing that will be used to fabricate steel and iron structures for export. The new positions will pay nearly 150% of the state’s average wage.
“Today’s announcement signifies Tampa Tank’s strong commitment to our community, and the remarkable success our company is enjoying nationally and globally,” said David Hale, CEO of Tampa Tank, Inc. & Florida Structural Steel. “We appreciate the strong support we’ve received from our public and private partners, particularly Port Tampa Bay.”
The company is also investing a combined $18,256,850 in the expansion, including a retrofit of an existing 40,000 square foot facility and a brand new 120,000 square foot building at Port Redwing.
The announcement was welcomed today by Paul Anderson, Port Tampa Bay President and CEO, at the annual State of the Port luncheon.
“Tampa Tank has long been a supporter of the Tampa community and Port Tampa Bay,” said Anderson. “We are excited for their growth and expansion. We look forward to supporting them for years to come.”
The Tampa-based company provides customized design, repair, and fabrication of welded steel products to customers nationally and globally. Tampa Tank was established in 1953, and Florida Structural Steel was acquired in 1984.
“Manufacturing jobs are vitally important to Hillsborough County, so the announcement of Tampa Tank’s expansion is an exciting and important milestone for our community,” said the Hon. Sandy Murman, Chair of the Hillsborough County Board of County Commissioners. “We’ve proven once again that we can provide the leadership, business assistance, and workforce that growing firms like Tampa Tank need to prosper here. We look forward to seeing Port Redwing’s transformation and supporting the growth of Tampa Tank and Port Tampa Bay for years to come.”
“This project is a big win for Tampa, for Port Tampa Bay, and for our local residents who will secure high-wage jobs at Tampa Tank’s Ybor City headquarters and Port Redwing,” said Mayor Bob Buckhorn, City of Tampa. “Tampa Tank’s expansion will kick off an historic revitalization of this important industrial asset, and fuel greater economic growth for our port community.”
The project was made possible through strong partnerships between the Tampa Hillsborough Economic Development Corporation, the City of Tampa, and Hillsborough County. To win the expansion project, Tampa Tank was provided with a competitive package of state and local incentives totaling $2,080,795.
The company was considering expanding in locations outside of Hillsborough County, including the Bahamas.
“We faced some tough competition from other locations and worked very hard to help secure this deal for Tampa and Hillsborough County,” said Dr. Ronald Vaughn, Chair of the Tampa Hillsborough Economic Development Corporation and President of the University of Tampa. “Tampa Tank’s expansion proves that we have what takes as a region to work collaboratively to transform Port Redwing into a powerful economic engine and ensure that the company can grow its investments and jobs here.”
The Individuals interested in open job opportunities may refer to the company’s website at http://tti-fss.com/careers/.
About the Tampa Hillsborough Economic Development Corporation:
The Tampa Hillsborough Economic Development Corporation is the lead economic development agency for Hillsborough County and the cities of Tampa, Plant City, and Temple Terrace. Established in 2009 as a partnership between the public sector and private corporate investors, the EDC works to develop and sustain a thriving local economy through the attraction, retention and expansion of high wage jobs and capital investment within targeted industry sectors. Working with C-level executives, site selection consultants, commercial real estate professionals, and other influential decision makers, the EDC provides customized, confidential relocation services to domestic and international companies interested in growing within Hillsborough County. Locally, the EDC helps existing businesses access the tools and resources they need to succeed, now and in the future.