Gov. Rick Scott was on hand Monday to welcome Voxx International as the first company to join Lake Nona’s new Airport Commerce Park near the Orlando International Airport.
Voxx International’s new center will create 134 new jobs and retain 173 existing jobs.
The commerce park, located just west of the Medical City near the 417 expressway will include light industrial and commercial space.
Voxx’s $17M complex will house a 115,000-square-foot, state-of-the-art automotive and consumer electronics manufacturing center. In addition, Voxx will move its Hauppauge, N.Y.-based headquarters to the new Orlando facility.
“We are working to create a global economy where businesses can grow and create more jobs. We have also worked hard to create an environment where our manufacturing businesses can flourish by rolling back the sales tax on manufacturing equipment and machinery for manufacturing companies like VOXX,” said Scott.
A sum of $1.25M in tax incentives from the state helped seal the deal, of which Orange County will be responsible for $437,000.
“We are excited to welcome VOXX to Lake Nona, where they will be located within one of the nation’s most innovative and fastest growing communities, which is home to Lake Nona Medical City and the USTA’s New Home of American Tennis,” said Jim Zboril, president of Lake Nona Property Holdings and Tavistock Development Co. in a prepared statement.
“Florida will provide an excellent location and a pro-business climate for us to consolidate production and manufacturing operations from other locations,” said Pat Lavelle, president and CEO of Voxx International.
“Orange County serves as a global hub for trade, innovation and economic development. With our world-class airport and skilled workforce, Orange County is the perfect place for Voxx International’s high-tech manufacturing facility. In addition to significant capital investment, the high-wage jobs associated with this expansion will be a great addition to our regional economy,” said Orange County Mayor Teresa Jacobs.
Lake Nona continues to expand with $2.8B in active projects currently underway.