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.
ABOUT THE BLOG OWNER
TIMOTHY H. FENNELL, PA
Tim Fennell is a Florida licensed Real Estate Broker with Legends Land and Realty, Inc. in Jacksonville, Florida.
His strong background in business development, real estate investments, counseling and marketing greatly enhance his skills as a Listing and Internet Marketing Specialist.
Tim and his wife, Susan, have over 30 years experience in Jacksonville Real Estate sales, marketing and investing. Both are Accredited Consultants in Real Estate (ACRE®). When you're ready to be consulted with, rather than sold to, give Tim and Susan Fennell a call.
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