Government Digest: July 8


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  • | 3:31 p.m. July 8, 2011
  • Florida
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Commission approves Arthrex funding
COLLIER COUNTY — County Commissioners voted 4-1 to approve more than $2 million in financial incentives for surgical tool manufacturer Arthrex Inc. for its planned expansion. However, the company may still consider expanding into Lee County instead. The north Naples company employs more than 1,000 workers manufacturing more than 5,000 products for arthroscopic and orthopedic surgeons. The company forecast $1 billion in revenues this year. The lone vote against the award came from Commissioner Georgia Hiller, whose district is home to Arthex's headquarters, prompting company officials to weigh other options before a final agreement is reached with Collier County.

 

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