Consultants Forum    |   FacilityLocations    |   FastFacility    |   Advertise    |   Subscribe    |   Newsletter    |   RSSRSS
Inward Investment Guides

Majestic Candies Makes $6 Million Investment in A Pensacola, Florida Manufacturing Plant

Area Development Online News Desk (05/04/2012)
Majestic Candies Company will make a $6 million investment in a Pensacola, Florida manufacturing facility, creating more than 100 new jobs at the site of the former H.T. Hackney Building at 2001 W. Government Street. "We are very pleased with the support that we have received from the Pensacola community and we look forward to being a part of the continuing success which is being achieved by the citizens of Pensacola," said Dom Perrotta, managing member of Majestic Candies Company.

Majestic Candies Company is a producer of confectionary products, primarily pralinesand other pecan-based candy products, initially targeting distribution in the four Southern regional markets.

"Florida welcomes Majestic Candies Company and the advantages it's bringing to our Great Northwest," said Gray Swoope, president and Chief Executive Officer of Enterprise Florida Inc. "The company will further expand our manufacturing capabilities, which is vital to economic growth and job creation in our state."

"We are thrilled to partner with Majestic Candies Company for this opportunity to provide new jobs to the region and make further contributions to Pensacola's economic success," said Donnie McMahon, Greater Pensacola Chamber board chairman.

"We are happy to welcome Majestic Candies Company to the growing list of businesses calling the Pensacola area home," said Pensacola Mayor Ashton Hayward. "The company will bring much needed jobs to our community and we are excited about their arrival."

"Majestic Candies Company is a fitting partner in Escambia County's efforts to guide the region into a strong economic future," said Escambia County Board of Commission Chairman Wilson Robertson. "We look forward to working with them as they grow and prosper in their new home in the heart of Escambia County."

While details of any tax incentives offered to the firm were not immediately available, Gov. Rick Scott and the state Economic Development Office noted they offer several loan and tax abatements to attract business that will create jobs. For example, Florida's Qualified Target Industry Tax Refund Program is designed to encourage the creation of high-skill jobs and encourage the growth of corporate headquarters and other targeted industries.

Share