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Area Development - Site Selection, Facility Planning and Workforce Development

iSirona Invests $2.25 Million To Expand In Panama City, Florida

11/19/2013
iSirona, an information technology company which provides solutions for medical device integration, will invest $2.25 million to expand its operations in Panama City, Florida, creating 300 new jobs.

Since the beginning of 2012, iSirona has grown from 31 employees to over 180, and this expansion will triple its workforce to more than 400 employees.

Dave Dyell, CEO of iSirona said, “We consider Florida and Panama City to be partners in iSirona’s success. We continue to be pleased with the statewide commitment to nurture the high-tech sector; our outstanding universities and community colleges that are wonderful resources; and our ability to recruit top talent that appreciates the local lifestyle. We are delighted that our ongoing success is bringing more high-value jobs to Panama City.”

Gov. Rick Scott said, “iSirona’s expansion in Panama City will create 300 jobs which is great news for Florida families. For its expansion, iSirona considered other locations like California, Texas and Virginia, but chose Florida for our great business climate. There have been more than 365,000 private-sector jobs created in the last two years and our unemployment rate is the lowest it has been in five years. Florida provides job creators with a great workforce and the opportunity for growth, but we still have more work to do to build a diverse economy that will create jobs for generations to come.”

The company received a $1.5 million grant from the Industry Recruitment, Retention and Expansion Fund Grant Program, which is administered by the University of West Florida.

“iSirona could be in Silicon Valley but because of the highly competitive business incentives created by Florida’s Legislature and Governor Scott, they located in what they like to call Silicon Bay in Northwest Florida,” said Senate President Don Gaetz “Helping our successful businesses stay and expand sends the right message to private sector job creators looking to expand or relocate to Florida and is key to Northwest Florida’s continued recovery from the impacts of the Deep Water Horizon Oil Spill.”

Secretary of Commerce and president and CEO of Enterprise Florida, Gray Swoope said, “The consolidation of iSirona’s operations in Panama City is telling of the proactivity of the high-tech industry in Florida. The strong research and development network and exceptional workforce in Florida will help companies like iSirona continue their product development and successful innovation.”

This project was made possible through strong partnerships between Enterprise Florida, the University of West Florida, Bay County Economic Development Alliance, the Florida Department of Economic Opportunity, City of Panama City, Bay County Board of County Commissioners, and the Gulf Coast Workforce Board.

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