Friday, October 24, 2014

Site offers company growing room

PANAMA CITY, Fla. -- Edge Aerodynamix Inc., which chose a site near Northwest Florida Beaches International Airport for a manufacturing operation, picked the location in part because it will allow it room to grow. The $78 million capital investment will create 120 manufacturing, research and development, and marketing jobs. Edge Aerodynamix develops products designed to save fuel, including its new BladeGuard technology, designed to reduce drag. In addition to manufacturing products in West Bay, northwest of Panama City, it also will have an R&D and marketing operation at the site. The company considered a range of domestic and international locations. "Northwest Florida has grown to be one of the top regions for aviation and aerospace companies to expand and establish operations," said Gray Swoope, president and CEO of Enterprise Florida. The company plans to be in production within a year. (Sources: multiple, including Panama City News Herald, 10/17/14, Area Development, 10/20/14)