- Florida leader in bare printed circuit board manufacturing and semiconductor machinery manufacturing
- Generates $843 million in exports annually, or 7.7% of city’s total
- Between 2001 and 2011, nearly 30% of all patents (1,200+ total) produced in the Tampa MSA were related to electronics and medical devices
- Jabil, headquartered in St. Petersburg, is the second largest global company in the Tampa Bay region
The growing sector of Specialized Manufacturing in St. Petersburg is concentrated in two niches: electronics manufacturing and medical device manufacturing. Manufacturing has always been among the top employment sectors in St. Petersburg and Pinellas Councy, indicated by the city's rank as 2nd statewide for manufacturing employment. Annual wages in this sector are high compared to the citywide average and national average by subsector, which helps attract and retain high quality professionals. Electronics manufacturing spans the production of semiconductor machinery to various types of electronic components used in developing other products, while medical device manufacturing involves the creation of medical equipment and supplies.
Both niches share the need for a production-oriented labor force, competitive taxation and incentives, and export strategies. St. Petersburg offers specialized manufacturers all of these advantages and more. Manufacturing exports in St. Petersburg total an impressive $843 million annually, contributing to Florida’s position as the 2nd largest medical device manufacturing market in the country. The region has several workforce development assets including St. Petersburg College (SPC), Pinellas Technical College, and the University of South Florida (USF) College of Engineering. Additionally, a strong local research capacity exists connected by the Bay Area Manufacturers Association.
Supporting manufacturing in specialized niches like electronics and medical devices keeps local manufacturers competitive against manufacturers in low-cost countries. Local manufacturers focused on innovation situate themselves ahead of the global development curve. With a favorable business climate, incentive programs, competitive costs and right-to-work status, St. Petersburg provides a supportive environment for Specialized Manufacturing.
- Elreha Printed Circuits
- Maxi-Blast, Inc.
- Tricom Technology
- Sensitive Technology
- General Electric Medical Systems
- Aurora Surgical
- MTS Medication Technologies
- NDH Medical