CYIENT DEFENSE SERVICES EXPANDING IN SOUTH FLORIDA

Published Thursday, August 8, 2019

This week, CYIENT Defense Services, an engineering and technology company, announced it will expand its efforts in South Florida.

After working with the Business Development Board of Palm Beach County (BDB), CYIENT plans to create 50 new jobs with an average salary of $85,000, expanding from its current 150 employees in the region. The company has also invested more than $3.5 million into a new facility.

“CYIENT Defense Services provides engineering and technology solutions to global industry leaders,” the company noted. “In Palm Beach County, the primary focus will be in aerospace, with plans to expand into more industries in the future. With extensive experience in multiple rotary and fixed-wing systems produced by U.S. and European original equipment manufacturers (OEMs), CYIENT Defense Services has many customers in the aviation, aerospace, and engineering (A/A/E) industries. In fact, Palm Beach County is home to over 1,350 A/A/E related companies, putting CYIENT in close proximity to current and future customers. The company also works on ground-based platforms through their transportation and off-highway engineering businesses.”

Kelly Smallridge (pictured), the president and CEO of the Business Development Board, explained how the new jobs will help the area.

“Palm Beach County’s A/A/E sector employs approximately 17,000 residents with an average salary of $90,000,” said Smallridge. “This expansion is a testament to the quality workforce available in the county. CYIENT will have access to not only the strong A/A/E cluster here, but also the diverse manufacturing sector.”

BDB helped CYIENT by providing information on sales and use tax exemptions for manufacturing companies, connected it with Space Florida and helped expand the talent pool by connecting it with CareerSource Palm Beach County, Palm Beach State College and Florida Atlantic University.

SOURCE: Florida Daily, article >

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