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The Business Development Board of Palm Beach County (BDB) is pleased to announce that Setomatic Systems, a manufacture of payment technology systems for the laundry industry, will relocate its corporate headquarters from Farmingdale, New York to Boca Raton, FL. The company will create 12 jobs with an average wage of $50,000 and it will make a capital investment of approximately $1.4 million.
This project is an example of the BDB’s ‘Behind the Gates’ initiative, a multi-year program targeting c-level executives who have second homes in Palm Beach County.
This successful initiative has yielded over 800 jobs since the inception of the program.