Jacksonville FL Real Estate Update

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800 New Jobs and $200,000,000 Factory - Let's hope so!

It was just announced today that Saft America, a manufactorer of high-tech batteries wants to build a $200,000,000 factory at the Cecil Commerce Center.  They are looking for half the cost of the factory to come from the U.S. Dept. of Energy.

If plans come to fruition, they will be adding about 800 new jobs to the Jacksonville economy over the next three years in addition to the jobs that will be created for the construction of the plant.

We understand that Saft is also looking to local and state authorities for other incentives.  I suppose that could be a stumbling block but let's hope that the project will come together to help pull us out of our current housing decline.

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Timothy H. Fennell, P.A.
Susan A. Fennell, P.A.
Broker Associates / REALTORS
www.BestHomesInJacksonville.com

0 commentsTim and Susan Fennell • May 28 2009 04:28PM

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