T
he Bay Economic Development Alliance welcomed 2022 with a bang. During the first two weeks of the year, the Bay EDA announced two new projects will be coming online
in Bay County this year. On Jan. 4, the Bay EDA, along with the Panama City Port Authority, Bay County Commission, and the City of Panama City announced that FedEx Ground has chosen Panama City as the new home of its regional logistics and distribution center. The regional center, which will serve the area from Pensacola to Tallahassee, will be built in the Port Panama City owned Intermodal Distribution Center on Highway 231. FedEx Ground will build a 250,000 square-foot state-of-the-art facility on 33 acres in the park. The project will support more than 200 jobs, and the company is investing $55 million in the building and equipment for this operation. This project would not have been possible without
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certification means the site is cleared, grubbed, zoned, has all wetlands mitigated and has utilities available at the site. This accelerates the timeframe of construction so the company can get up and running more quickly thus saving the company time and money. On Jan. 12, the Bay EDA along with the Bay County Commission announced that Central Moloney Inc. has chosen Bay County to expand its manufacturing operations. Central Moloney Inc. (CMI), headquartered in Pine Bluff, Arkansas, is a key supplier to a number of large investor-owned utilities, distributors and original equipment manufacturers (OEMs) throughout the United States. The company designs and manufactures electrical distribution transformers and transformer component parts. The product line offering of electrical transformers includes both single-phase pole and pad mounted units, vaults for underground applications in
the leadership and strategic foresight of the Port Authority, City
urban areas, and three-phase pad mounted units primarily used
and County. They worked with Florida Power and Light as well as
in light commercial applications. Central Moloney is preparing to
McCallum Sweeney Site Selection consulting firm to get this site
open this new manufacturing operation in Bay County that will
“shovel ready” and certified as a development ready site. This
produce single-phase pole mounted transformers.
BAY BIZ / SPRING 2022
