Back in action

From alcohol shots in pouches to precision surgical instruments, companies up and down the Gulf Coast that make stuff are in growth mode.

At least a dozen companies from Tampa to Naples have completed or announced an expansion during the past year. A chunk from that list built or bought a new building. Nearly all the firms added employees, with the increases in payroll often aided by performance-based incentives and subsidies from state and county officials.

The expansion trend is happening statewide, says Nancy Stephens, executive director at the Manufacturers Association of Florida, a Tallahassee-based trade and lobbying group. Stephens cites a rebounding economy for the industry's early-stage recovery from the recession, in addition to banks that have begun to lend more. Another big factor: Government officials, in cities, counties and Tallahassee, have emphasized legislation and incentive packages that goose the industry's growth. Says Stephens: “The picture is really bright.”