Highlights of Economic and Business Growth in the Tampa Bay Region (News Briefs)

TAMPA BAY, Fla. , Jan. 7 /PRNewswire/ -- News briefs concerning economic and business growth in the Tampa Bay Region from the Tampa Bay Partnership: Draper Labs Acquires Manufacturing Site in Tampa Bay The Charles Stark Draper...


TAMPA BAY, Fla. , Jan. 7 /PRNewswire/ -- News briefs concerning economic and business growth in the Tampa Bay Region from the Tampa Bay Partnership:

Draper Labs Acquires Manufacturing Site in Tampa Bay

The Charles Stark Draper Laboratory bought a 41,000-square-foot building in St. Petersburg recently where it plans to manufacture microchips for the military. Renovations to the building, 10050 16th St. N., should be completed in March 2009 . The site could employ an estimated 65 people in the next five years, primarily in highly technical production jobs. Scientists there will work to meet an increasing demand for highly complex, technically advanced MCM systems in small packages for innovative applications, such as medicine, energy conservation, port security and more. In addition to its St. Petersburg facility, Draper Labs is working closely with Progress Energy on energy-related research and development initiatives and is also partnering with the University of South Florida and its medical school to create a facility for the design, development, and testing of BioMEMS technologies. (Contact: Amy Schwenker , 617-258-2601, aschwenker@draper.com)

Exactech To Open Tampa Bay Manufacturing Facility

Exactech, an orthopedic device company, will open a new manufacturing facility in Manatee County . The 13,000-square-foot facility will manufacture surgical instruments used to implant the company's joint replacement devices. Exactech, based in Gainesville, Fla. , expects to hire 12 employees during the start-up phase. That number is expected to at least double during the next three to five years. The company currently designs and manufactures orthopaedic devices that are used by surgeons in more than 30 countries around the world. (Contact: Priscilla Bennett , 352-377-1140, priscilla.bennett@exac.com)

Biopsy Sciences Relocating to Tampa Bay

Biopsy Sciences recently announced they will move operations from Tucson, Arizona to Pinellas County, Florida . The relocation of the growing biomedical research and device company includes new high wage jobs paying 200% of the county's average annual wage, adding to the region's growing life sciences industry. Biopsy Sciences develops new and innovative products for the medial market including the HydroMARK, a breast biopsy site marker that helps patients by replacing lengthy mammogram-guided wire localization procedures with quick, accurate ultrasound-guided localization procedures that are more comfortable for patients. The company took advantage of Florida's Qualified Targeted Industry (QTI) program to assist with the financial implications of relocating. (Contact: Dr. John Fisher , 727-290-9825, http://www.biopsysciences.com )

Quasar Bio-Tech To Move Manufacturing to Tampa Bay

Quasar Bio-Tech, which produces light therapy devices used by medical professionals and consumers, is planning to move its manufacturing to Manatee County and add up to 24 employees in 2009. Quasar Bio-Tech relocated its headquarters, distribution and research and development from Valley Forge, PA to 2,500-square-feet of space in Manatee County in 2008 citing the cost of doing business and workforce availability as key factors in its relocation decision. Quasar currently uses a vendor in Texas for manufacturing and is seeking local suppliers and vendors for its expansion into Manatee County . (Contact: Frank Kramer , 941-306-5812, frank@quasarpro.com)

Groundbreaking on $35 million Salvador Dali Museum

Elected officials, civic leaders, museum volunteers, trustees and staff took part in the official groundbreaking ceremony on December 12, 2008 for the new $35 million Salvador Dali Museum which will be located within the Progress Energy Center for the Arts along the downtown waterfront district. The new museum, which has reached three-fourths of its funding goal, is to be called "Placa Dali" and will be a three story, 74,124-square-foot building -- twice its current size. The museum, which currently attracts 250,000 visitors annually, houses the largest Salvador Dali art collection outside of Spain . (Contact: Kathy White , 727-823-3767 ext. 3036, kwhite@salvadordalimuseum.org)

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