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Business Observer Tuesday, Jan. 31, 2012 7 years ago

Gov't gives $3.8M for 235 jobs

Officials approved $3.8 million in incentives for Feld Entertainment.

ELLENTON -- Feld Entertainment Inc., the company behind many of the country's most popular circus acts, is moving its production headquarters from Palmetto to Ellenton, allowing for new growth that will likely require additional hiring.

Feld says it expects to hire 235 new employees over the next five years to help staff its new 47-acre space, in a release published with the Manatee Economic Development Corp.

State and local officials committed nearly $3.8 million in incentives to support Feld's projected hiring totals: $1.17 million from Florida's Qualified Target Industry fund; $650,000 from the state Quick Action Closing Fund; and another $1.5 million from the Manatee County budget.

Feld's corporate operations are based in Vienna, Va., but the company says it will gradually move those resources to its new Ellenton facility.

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