Tampa Bay Titans: The Main Industries of Higher Tampa Bay 

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By: Chad Griffin 

Beachside bike outlets will not be the one companies booming in Higher Tampa Bay. From company headquarters to manufacturing, healthcare, data know-how and protection, GTB presents a thriving enterprise atmosphere that draws each giant companies and small companies. 

Manufacturing, Distribution and Logistics 

Tampa Bay’s manufacturing sector is a key driver of innovation for numerous industries, with over 2,800 manufacturing corporations using practically 62,000 individuals. The area is dwelling to main firms, contributing to the development of contemporary manufacturing know-how and attracting funding from abroad. 

  • International headquarters of main manufacturing firms reminiscent of Jabil, Bausch + Lomb and Bertram Yachts, amongst others. 
  • Near 500 foreign-owned firms representing greater than 40 nations having established profitable operations within the space. 

Life Sciences and Healthcare 

The world has emerged as a hub for the state’s fast-growing life sciences business. Notable companies have established main operations in Tampa, leveraging the area’s gifted workforce, pro-business local weather and high quality of life. 

  • Over 7,000 firms supporting greater than 131,000 jobs. 
  • Globally famend companies like Bristol-Myers Squibb and Johnson & Johnson, together with quite a few different outstanding firms within the sector. 

Data Expertise 

Tampa is ranked among the many high ten finest American cities to work in tech, with a rising IT job market and a major presence in high-tech institutions. The area’s favorable enterprise atmosphere and powerful expertise pipeline from space colleges have contributed to its attraction for IT firms. 

  • The world holds 20 p.c of the state’s IT positions and is understood for its important development within the IT business over the previous 5 years. 

Monetary and Skilled Companies 

The fastest-growing business section in Higher Tampa Bay, monetary {and professional} companies companies have skilled year-over-year employment good points, benefiting from the realm’s business-friendly authorities, low price of residing and high quality of life. 

  • Tampa Bay’s monetary {and professional} companies companies have skilled year-over-year employment good points of three.9 p.c, with a median workforce of 230,000. 
  • The area is dwelling to Fortune 500 corporations reminiscent of Raymond James and Franklin Templeton, in addition to main operations of worldwide firms together with Johnson & Johnson and Citi, which leverage the realm’s business-friendly authorities and high-quality expertise pool. 

Protection and Safety 

Dwelling to MacDill Air Drive Base and two, four-star Combatant Instructions, GTB has developed a $14 billion navy business round cybersecurity, IT, intelligence and superior manufacturing. The area’s giant veteran workforce and specialised teaching programs assist its function as a middle for protection and safety. 

  • Tampa Bay boasts one of many largest veteran workforces within the nation, with roughly 92,000 expert professionals. 
  • Notable occasions such because the Particular Operations Forces Business Convention (SOFIC) present companies with invaluable insights and alternatives via USSOCOM acquisition packages. 

Why GTB? 

See Additionally


Giant Company Presence: The area hosts quite a few Fortune 1000 firms and presents favorable situations reminiscent of low labor prices, secure management and focused monetary incentives, making it a really perfect location for company headquarters and enormous companies. 

Enterprise-Pleasant Setting: Tampa Bay offers a supportive enterprise atmosphere with collaboration between authorities, business and group, leading to efficient improvement packages, monetary incentives and streamlined regulatory processes. 

Proficient Workforce: The presence of worldwide famend instructional establishments and a robust college presence contribute to a gifted workforce, attracting firms throughout numerous industries to the area. 

Proximity to Main Transportation Hubs: The world’s excessive connectivity between Florida’s largest port, the Interstate 4 hall and entry to top-ranked worldwide airports make it a beautiful location for companies requiring environment friendly transportation and logistics infrastructure. 

The Higher Tampa Bay space’s main industries, together with manufacturing, healthcare, IT, finance and protection, play an important function in driving the area’s economic system and attracting each giant companies and small companies. With its various enterprise atmosphere, strong infrastructure and supportive group, GTB continues to be a chief vacation spot for firms trying to set up and increase their operations. 

Company HQ 

  • Tampa Bay hosts 19 company headquarters with over $1 billion in annual income, together with Fortune 1000 firms reminiscent of Raymond James, Jabil, Tech Knowledge and Citi, benefiting from low labor prices, favorable company tax insurance policies and secure, pro-business management. 

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