LIVE VIDEO: WTLV Live Video_1    Watch
LIVE VIDEO: The Chat    Watch

Jacksonville to Serve as Headquarters for BI-LO and Winn-Dixie

11:54 AM, Mar 12, 2012   |    comments
  • Share
  • Print
  • - A A A +

JACKSONVILLE, Fla. -- BI-LO and Winn-Dixie announced Monday that the combined companies will use Jacksonville as their headquarters.

Both BI-LO and Winn-Dixie will house their company headquarters here, bringing 100 new high-wage jobs and retaining 900 jobs, according to a release from the JAX Chamber.

Lt. Governor Jennifer Carroll and Jacksonville Mayor Alvin Brown were on hand for the announcement.

"As a Jacksonville area resident, I consider this a personal victory for our hometown and for one of our staple business enterprises, Winn-Dixie," said Lt. Governor Carroll.

Mayor Brown said, "This is an announcement our entire community is celebrating. Winn-Dixie has a long history in Jacksonville. We are excited the company has chosen to not only remain a major part of our city and region but also to grow in the months and years ahead."

In addition to the jobs retained and created, approximately $93 million in capital investment will be brought to the area over the next few years, according to the release.

The City of Jacksonville will provide a Revenue Enhancement Value grant not to exceed $2 million during a 10 year period. The grant serves as a fiscal tool to assist businesses expanding or locating in Jacksonville.

The company also qualified for $1.04 million through Florida's Quick Response Training Program. The funds will be used to defer training costs for existing and new employees. An additional Quick Action Closing Fund incentive of $3.6 million from the state will offset costs associated with relocation and the purchase of any equipment.

First Coast News

Most Watched Videos