Pasco Economic Development Council (Pasco EDC) and the Office of Economic Growth negotiated incentives for Welbilt FSG U.S. Holdings, LLC, a food equipment manufacturer, for a $13,250,000 capital investment project that includes, 35,500 square foot expansion and a new parking garage.
Date: 1/19/18
Board Approved Action: OEG18-1013
Funding: $650,000; JEOTF funding $100,000
Description: Welbilt FSG U.S. Holdings, LLC to retain and expand its operations in Pasco County, construct a 35,500* square foot Class A corporate office addition to their existing facility, construct a 190-space parking garage, and hire 110 new employees, paying an average annual wage for all jobs created of at least $68,770 which is two-hundred percent (200%) of the Pasco County average annual wage.
*This has since changed to an estimated development of 25,000 square feet