TALLAHASSEE, Fla. -- Time Warner Inc. announces it will create more than 500 jobs in the Tampa area in the next five years with a new bureau for the worldwide media company.
The jobs will pay an average of more than $50,000.
Florida Gov. Rick Scott made the announcement at the state Capitol on Tuesday along with Time Warner's Chief Financial Officer John Martin.
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Martin said the company has been searching the country over the past six months for the best location for a new human resources and IT operation. He said Tampa beat out 59 other cities because of its strong workforce, lower cost of doing business and positive living environment.
Martin said another factor was Scott's desire to create a friendly business environment in Florida where the company can expect to be successful.
"I want to thank you Gov. Scott for your commitment to fostering an environment that allows businesses and companies like Time Warner to have confidence to be able to commit to operate down here so that our company can be successful and we can prosper and we can grow."
The announcement marks the biggest success in creating jobs for Scott's administration so far. The governor frequently reminds people of his goal to create 700,000 jobs over seven years.
Scott said his mission to lower taxes and reduce job-limiting regulations will make Florida a more interesting place to do business for companies.
"Any time we can add 500 jobs to the state of Florida it's a great honor. This is a major announcement and a breakthrough for our state and shows we're doing the things it takes to make Florida the number one place for business."
Scott said Time Warner's decision to build a new facility in Florida shows the state is on the right track in its efforts to create economic prosperity. He said he focuses on economic development issues every day looking for opportunities like the Time Warner deal and he's convinced Florida has all the right elements to capitalize on more opportunities.
"People want to live in Florida. This is a wonderful place for people to live. It's a wonderful place for people to raise their families. People like our beaches. They like our weather. There's a lot of other reasons to do business in Florida."
Time Warner will receive $3 million in incentives from state and local government to locate in the Tampa area. Right now the company is finalizing details on whether the facility will be built in Tampa or Temple Terrace.
Martin said Florida beat out other finalists for the facility, including Atlanta, Rochester, N.Y., Charlotte, N.C., Nashville, and Phoenix.
The bureau will begin operating by the end of 2012.
First Coast News