Florida State University Announces $98.4 Million in Triumph Gulf Coast Funding for an Aerospace and Advanced Manufacturing Facility in Bay County, Florida
14 Novembro 2023 - 7:51PM
Business Wire
Florida State University (“FSU”) announces $98.4 million in
Triumph Gulf Coast funding for an aerospace and advanced
manufacturing facility in Bay County, Florida within or near the
Northwest Florida Beaches International Airport and the adjacent
VentureCrossings Enterprise Centre. The facilities constructed as
part of the project will be designed to accommodate both secure and
open contract and grant work for the aerospace and defense
industries. Triumph Gulf Coast will provide $98.4 million, and the
university will invest another $65 million and commit to securing
more than $230 million in contract and grant activity. “This is a
monumental initiative that will transform research and development
activities in Northwest Florida,” said FSU Vice President for
Research Stacey Patterson. “This area is experiencing incredible
growth, and there are tremendous opportunities for collaboration in
manufacturing, aerospace and defense. We are excited to get started
on this initiative and to work with all our partners in Northwest
Florida to ensure its enduring impact.”
Click here to read the full story from Florida State
University.
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The St. Joe Company is a real estate development, asset
management and operating company with real estate assets and
operations in Northwest Florida. The Company intends to use
existing assets for residential, hospitality and commercial
ventures. St. Joe has significant residential and commercial
land-use entitlements. The Company actively seeks higher and better
uses for its real estate assets through a range of development
activities. More information about the Company can be found on its
website at www.joe.com. On a regular basis, the Company releases a
video showing progress on projects in development or under
construction. See https://www.joe.com/video-gallery for more
information.
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