Wednesday, February 19, 2014

Port deal promises 100 jobs

PENSACOLA, Fla. -- The Port of Pensacola has struck a deal with a company that's promising 100 jobs. Offshore Inland will be leasing an empty warehouse and building on adjacent property to manufacture flexible pipes. The company expected to provide the port with $250,000 a year in revenue. Offshore Inland will invest $10 million to $12 million in construction. The city offered an incentive of cheaper rent contingent on the company delivering on the jobs. (Source: WEAR-TV, 02/19/14)