‘Project Everest’ Could Mean 102 New Jobs

May 24, 2011

Over 100  new, well-paying jobs in the North Escambia area could be announced in the next few months, according to the Pensacola Bay Area Chamber of Commerce.

“Project Everest” is the code-name for the $56 million business expansion that would create 102 jobs at average annual salaries of more than $55,000.

Back in September, Escambia County approved an ad valorem tax exemption for the company for up to 10 years. The capital investment, according to an Escambia County resolution, will expand and equip an existing production facility and increase the company’s local production by more than 10 percent.

Officials had not revealed the name or location of the business until Monday night.

Bridgette Price, interim vice president for Economic Development for the Pensacola chamber, told the Century Town Council that the business is located “probably just past International Paper” when discussing business development and the chamber’s efforts in the northern part of Escambia County.

During her presentation to the council, Price said the chamber expects an announcement concerning Project Everest by this summer.

In September the Pensacola chamber said the area was in competition with at least two other states for Project Everest, which they described only as a project engaged in advanced manufacturing.

Comments

3 Responses to “‘Project Everest’ Could Mean 102 New Jobs”

  1. Lauren on May 25th, 2011 9:41 pm

    Well said Jane tourist is the number one word in this County.

  2. JimD on May 24th, 2011 9:54 am

    Totally agree with you Jane.

    For years Escambia County has looked to Pensacola Beach for revenue…but they still do not consider the north end of the county for anything other than a transit locations..The new location is going to be “probably just past International Paper” when discussing business development and the chamber’s efforts in the northern part of Escambia County.” So not a lot has changed. The county line still seems to end at Cantonment.

  3. Jane on May 24th, 2011 6:45 am

    It is about tme they got off their chairs and did something useful to create some jobs in Escambia County! Did they FINALLY figure out that tourists aren’t always here??!!