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Mission: To generate sustained economic
growth of the county by encouraging new investment,
and creation of value added full-time employment,
while maintaining the area's abundant natural and
man-made resources.
The Opportunities
The County's Economic Development staff regularly
interacts with numerous public and private entities
in seeking out sustainable or "green" development
opportunities. At present, Economic Development is
engaged with a business owner or consultant on two
such prospects.
1. An
in-state company
A manufacturer of energy efficient lighting products
for new construction and retrofit applications is
proposing a 150,000 sq. ft. facility with room for a
100,000 sq ft expansion. Initially, the company
specialized in manufacturing highly polished
aluminum reflectors, used in conjunction with
electronic ballasts and T8 lamps, to retrofit older
and inefficient fluorescent lighting fixtures. As a
result of extensive research and development and
industry feedback, the firm integrated their
reflector technologies into a completely new
fluorescent fixture product line. Their products are
made to maximize energy savings and to qualify for
rebate programs and Energy Policy Act deductions
with the following facts in mind:
•Lighting in commercial and industrial buildings
accounts for up to 50% of America’s $75 billion
dollar lighting bill.
•Less than 20% of the 70 billion square feet of
America’s commercial floor space has been upgraded
with energy efficient lighting products.
•Average lighting renovations pay for themselves in
2.5 years, with a 40% return on investment.
The company would initially provide 140 jobs with
the potential for an additional 60 jobs with the
planned expansion.
2. An
out-of-state company
This firm is seeking a 30 acre site for construction
of a facility to convert cellulose to synthetic
diesel. The current project information calls for a
170,000 square foot, build-to-suit building with
120,000 square feet of production space, 40,000
square feet of
warehouse space and 10,000 square feet of office.
The ideal site will be located within 20 miles of an
Interstate highway or major State road to facilitate
incoming transport of raw material and outgoing
movement of finished goods. Significant benefits
from this opportunity include a capital investment
approaching $50,000,000 in addition to long term,
above-average salaries for an estimated 180
skilled/semi-skilled workers and 20 college-level
supervisory/administrative positions. Sites from
across Volusia County are being considered in order
to leverage key strengths such as the County's
qualified workforce and the large percentage of
woodland, hay or straw producing acreage.
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