Press Releases

THIS NEW COMPANY WILL HELP YOU STOP AND SMELL THE ROSES, LITERALLY

Published Monday, October 7, 2019

Palm Beach County's life science industry has attracted FloraScentials, a startup developing innovative product lines for the floral industry, ultimately restoring the fragrance of cut flowers that have lost their scent. After working with the Business Development Board, Palm Beach County's official economic development organization, the company plans to employ up to 10 people and create a capital investment of $1.8 million by the end of 2020. Moving to West Palm Beach from St. Louis, the new site will be in close proximity to Palm Beach Wholesale Florists that will provide cut flowers for FloraScentials’ product development activities.

BDB ATTRACTS $220 MILLION IN CAPITAL INVESTMENT AND THOUSANDS OF JOBS TO PALM BEACH COUNTY

Published Thursday, September 26, 2019

The Business Development Board of Palm Beach County (BDB) completed its fiscal year with the growth of 34 companies that have either relocated to or expanded in Palm Beach County. All 34 companies have one thing in common: they have relocated or expanded using the BDB’s economic development services. 

NEW INDUSTRIAL SPACE TO BRING $10M CAPITAL INVESTMENT TO RIVIERA BEACH

Published Wednesday, September 11, 2019

The Business Development Board of Palm Beach County (BDB) is pleased to announce that Johnson Development Associates, Inc. (JDA), a multi-division real estate developer based in Spartanburg, South Carolina, has acquired an industrial site in Riviera Beach.

BDB FUELS THE GROWTH OF SUNSHINE BIOFUELS

Published Thursday, August 29, 2019

The Business Development Board of Palm Beach County (BDB) is pleased to announce Sunshine Biofuels, a biofuel manufacturing company that has developed alternative fuels to substitute diesel, has recently expanded its current production capacity from five million gallons to twenty million gallons per year, making it the first and now largest Renewable Diesel manufacturer in the State of Florida.

STRIDES ACQUIRES USFDA APPROVED FACILITY IN RIVIERA BEACH

Published Thursday, August 29, 2019

The Business Development Board of Palm Beach County (BDB) is pleased to announce that Strides Pharma, one of the world's largest manufacturers of soft gelatin capsules (SGC), has acquired Micelle BioPharma located in Riviera Beach. Strides Pharma will occupy the full 90,000 sq. ft. facility and employ 150 people. The company plans to invest over $10 million into the local economy.

CORPORATE HQ TO EMPLOY UP TO 200 IN BOCA RATON

Published Friday, August 16, 2019

The Business Development Board of Palm Beach County (BDB) is pleased to announce that FlexShopper, a leading national online lease-to-own (“LTO”) eCommerce marketplace and LTO payment solution, plans to employ up to 200 people at its new corporate headquarters in Boca Raton. The company consolidated multiple locations into one large headquarters located at 901 Yamato Road, Suite 260. It leased a 21,622 sq. ft. facility, completed in August 2019.

PALM BEACH COUNTY AEROSPACE HUB ATTRACTS NEW COMPANY

Published Wednesday, August 7, 2019

CYIENT Defense Services, an engineering and technology company, worked with the Business Development Board of Palm Beach County (BDB) to tap into the local aerospace industry, resulting in an expansion that will support the sector through machining of precision aerospace hardware and engineering services.

BDB FACILITATES THE GROWTH OF 28 COMPANIES IN NINE MONTHS

Published Monday, July 22, 2019

The Business Development Board of Palm Beach County (BDB) is pleased to announce the growth of 28 companies that have either relocated to or expanded in Palm Beach County. All 28 companies have one thing in common; they have relocated or expanded using the BDB’s complimentary services.

Investors

Aerojet Rocketdyne Bank of America Baptist Health South Florida BB&T Caler, Donten, Levine, Cohen, Porter & Veil, P.A.
CareerSource Centennial Bank DePuy Synthes Power Tools, a Johnson & Johnson Company Engel & Volkers Palm Beach Equestrian Center
Florida Crystals Corporation FPL Greenberg Traurig Gunster Hardrives, Inc.
HCA Palm Beach Hospitals Hedrick Brothers Construction J.C. White JP Morgan Chase LRP Publications
MBAF Minto Communities, LLC NCCI NextGen Mgmt dba DxWeb Management, LLC Nova Southeastern University
Palm Beach Aggregates, LLC Palm Beach County Board of County Commissioners Palm Beach Park of Commerce PNC Bank Pratt & Whitney (A United Technologies Company)
Raymond James Financial Services/Boynton Financial Group, Inc. RSM South Florida Business & Wealth Magazine South Florida Business Journal TD Bank
Tortoise Properties Wells Fargo & Company Wexford Capital