Friday, July 16, 2021

Defense contractor courted

PANAMA CITY, Fla. - The Bay Economic Development Alliance is working to attract a defense contractor that could bring 35 jobs to the county. The name of the company has not been revealed due to a non-disclosur agreement. The contractor is looking to move its headquarters, manufacturing and research and development operations to Bay County. The project will involve a capital investment of $18.5 million. One step in the process was getting the support of the Bay County Commission, which approved sending a letter of support to the Triumph Gulf Coast, the organization that distributes money from the 2010 Deep Horizon oil spill settlement. The hope is to get a grant for "Project Beacon." (Source: Panama City News Herald, 07/16/21)