Tampa wins Johnson & Johnson shared services North American HQ
August 27, 2015
Ashley Gurbal Kritzer, Tampa Bay Business Journal
Johnson & Johnson will locate its North American shared services headquarters in Tampa.
The Tampa-Hillsborough Economic Development Corp. on Thursday said the company (NYSE: JNJ) will create 500 jobs over the next three years and invest $23.5 million in the facility.
The jobs will pay an average annual salary of $75,000. It’s not yet known how many Johnson & Johnson employees will relocate from other facilities around the country and how many will be new hires in Tampa, said Ernie Knewitz, a company spokesman.
The facility will handle work for Johnson & Johnson’s operating companies in the areas of finance, human resources, information technology and procurement, according to a news release.
Tampa was the only Florida city in the running for the facility, said Rick Homans, EDC CEO. He said Tampa was up against two other cities, though he and Knewitz declined to name them.
“We have a strong presence in Florida, and this will continue to build on success we’ve already achieved with our businesses there,” Knewitz said.
Johnson & Johnson owns Vistakon, a contact lens manufacturer that has been expanding rapidly in Jacksonville, and has offices in South Florida that handle its medical and surgical device businesses as well as Latin American business, Knewitz said.
The company has signed a lease for 111,000 square feet of space on the first five floors of 100 Hidden River Corporate Center One in Tampa.
Hillsborough County commissioners and Tampa City Council in March approved a combined local incentive package of $1.47 million, “supporting a commitment of $4,900,000 from the State of Florida through the Quick Action Closing Fund (QACF) program,” an EDC spokeswoman wrote in an email.
“The total state and local allocation of $6,370,000 will provide the company with support for up to 490 of the new, high-wage positions. The incentives are performance-based, meaning funds are only paid after the jobs are created at the wages promised,” the spokeswoman said.
“We currently have a strong presence in Florida and this new site will continue to build on the successes that our businesses have already achieved across the state,” said Erin Champlin, vice president of global services for Johnson & Johnson, in a statement. “We look forward to increasing our presence in the state and within the Tampa community.”