14 December JinkoSolar to Open Jacksonville Factory in February December 14, 2018 By Laura Pavlus Expansions and Relocations economic development, JAXUSA, Cecil , Cecil Commerce Center, solar, solar panel, solar energy 0 Jacksonville Business Journal - December 14, 2018 - Allison Colburn - read full article here JinkoSolar to Open Jacksonville Factory in February Chinese solar panel manufacturer JinkoSolar will begin operating its Cecil Commerce Center factory by the end of February, one of the company's leaders said at the JaxUSA Partnership luncheon Thursday. Nigel Cockroft, the company's general manager for U.S. and Canada, was the keynote speaker at the event. He said more than 100 employees are already working on site at the facility, which is located at 4660 New World Ave. The factory will employ at least 200 people, per an economic development agreement that the company has with the city and the state. The Cecil facility is expected to deliver 1.2 million solar panels per year, which is about two solar panels per minute. "The factory in Jacksonville will be the most advanced in the world," Cockroft said. JinkoSolar will use JAXPORT for its exporting and importing. For the first few years of operation, a majority of the solar panel components will be imported from China. The facility will operate 24/7. Earlier this year, JinkoSolar received a state and city incentives package totaling $4.2 million. In exchange, the manufacturer has vowed to create jobs and spend $50.5 million on equipment and improvements at the site. That incentives package includes a $5,000-per-job tax refund for up to 200 jobs for five years, with the city paying 20 percent of the refund, as well as up to a $3.2 million property tax break over the next 10 years. Average salary for the new jobs is expected to be $45,562. Cockroft said that, when deciding where to locate the new factory, JinkoSolar had considered seven or eight different locations. The company ultimately settled on Jacksonville because of its availability of land, its access to several transit lines and because of the region's high-quality employees, such as military retirees. JinkoSolar will hold an opening ceremony for the new facility sometime in February. Related Orange Park Medical Center Opens Level II Trauma Center Orange Park Medical Center opened its long-sought trauma center after receiving provisional status from the Florida Department of Health. For now, it’s the second trauma center serving the Northeast Florida region of Clay, Duval, Nassau, Baker and St. Johns counties. UF Health Jacksonville has a Level I trauma center serving the region. Jacksonville is Open for Business and Willing to Make a Deal! Possibility flows - Clay County, Just South of Jax. Mayor Lenny Curry wants CEOs to know that Jacksonville is open for business and willing to make a deal. AT&T is opening 5G service to users in a dozen cities this week, including Jacksonville AT&T customers will soon be able to access 5G speeds in parts of a dozen cities, including Jacksonville. The company (NYSE: T) is rolling out the service on next-generation networks, or 5G, on Friday, it said on its website Tuesday. The move comes after AT&T had long said it would offer the service by the end of 2018. Companies Continue to See the Cost Savings and Advantages of Moving Jobs to Jacksonville “We can have a hard time attracting people to New England because of the cost of living, tax rates and weather,” he said. “But Jacksonville is very attractive for all three. It has a good labor pool, and we want to hire professional people and pay good wages.” Incubating a Startup Scene: Creating a Vibrant Atmosphere for Tech and Biotech Firms to Grow in Jacksonville When Jim Stallings founded PS27 Ventures five years ago after retiring from IBM, his goal was simply to invest in and support local companies. Today, his incubator supports eight to 10 companies and employs full-time staff to help those companies vet their ideas, mature their product offerings, find new customers and more. “Five years ago, I wasn’t thinking that it would be like this, but it’s really evolved,” said Stallings. Though PS27’s days as the only incubator in town are numbered, it’s not worried about finding companies in the future. With a full pipeline of companies looking to enter its program – including several from outside of Northeast Florida – PS27 is quadrupling its footprint so it can support more startups at a time. Jacksonville Competing in the Top of the Pack for Small Business Jacksonville placed 30th out of more than 100 major metropolitan areas in an American City Business Journals study of small business vitality across America. Showing 0 Comment Comments are closed.