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Power Design Invests More Than $3 Million To Expand St. Petersburg, Florida, Headquarters Complex

05/07/2015
Power Design, Inc., a national electrical contracting business, will invest more than $3 million to expand its 70,000 square foot headquarters in St. Petersburg, Florida. The company plans to create 60 new jobs.

“This is a very exciting time for all of us”, said Mitch Permuy, CEO at Power Design, “We are focused on our long-term strategic growth, continued commitment to training and development, and supporting the communities where we live and work.”

This project was made possible by the close partnerships between Enterprise Florida, the Florida Department of Economic Opportunity, the Pinellas County Economic Development and the City of St. Petersburg.

“In Pinellas County, the retention and facilitated expansion of our existing companies is the most effective strategy for creating new high wage jobs,” said Mike Meidel, Director of Pinellas County Economic Development. “We’re pleased to compete and prove the advantages of a Pinellas headquarters location. It is especially rewarding to celebrate a hometown success story like Power Design.”

St. Petersburg Mayor Rick Kriseman. “St. Petersburg is one of the brightest spots in the nation for cost effective growth enabled by a productive, talented, and diverse workforce. I’m pleased that the company has elected to remain and grow in St. Petersburg.”

“Power Design’s headquarters expansion is more great news for Pinellas,” shared Commissioner John Morroni, Chairman of the Pinellas Board of County Commissioners. “Long-term strategic growth is the goal for Power Design and Pinellas County. The best way to build our local economy is to ensure our home grown companies like Power Design continue their success and create new jobs in our community.”

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