Dive summary:
- Advanced Disposal has announced that they intend to move their headquarters to St. Johns County, Florida, not far from their previous location in Jacksonville.
- Incentive packages were offered by Milwaukee, Charlotte, Atlanta and Jacksonville; according to Advanced Disposals chief marketing officer, Mary O’Brien, Atlanta had the highest incentive package but Florida’s corporate tax and lack of personal income tax ended up being the key factors in the decision.
- The new headquarters is expected to employ 120 people, many of which will come from two other companies Advanced Disposal bought this year, the rest will be new hires.
From the article:
“North Florida is our home,” she said, “and we already have a great staff here.”
O’Brien said about half of the new positions, particularly the higher-level ones, are likely to be filled by those already working at the other two companies. The rest will be new hires and all positions should be filled with a year or sooner, she said.
The average salary of 85 new jobs is expected to be about $112,000.
The reason Advanced chose Nocatee was more because of the building itself than St. Johns County versus Jacksonville, O’Brien said. She said the company looked at downtown Jacksonville, particularly the SunTrust Tower. ...