Port Tampa Bay Tampa Tank Inc./Florida Structural Steel Expansion and Job Creation

Port Tampa Bay Tampa Tank Inc./Florida Structural Steel Expansion and Job Creation

Port Tampa Bay Press Release

August 18, 2015

Contact: Andy Fobes, TPA PR Director, 813.905.5132 or afobes@tampaport.com

TAMPA, Fla. – Today, during an on-site event at one of Port Tampa Bay’s largest customers, Tampa Tank, Inc./Florida Structural Steel, Florida Gov. Rick Scott made an announcement of Tampa Tank, Inc./Florida Structural Steel (TTI-FSS)’s expansion, which will create 108 new jobs. Twenty-four of those jobs will be at its headquarter facility in Ybor City and 84 jobs at their manufacturing facility at Port Redwing, located in southern Hillsborough County.

“I’m proud to announce that Tampa Tank will be expanding and creating over 100 jobs in Tampa, which is great news for Florida families. Manufacturing companies like Tampa Tank provide great jobs, which is why we eliminated the sales tax on manufacturing equipment to create more opportunities for manufacturers to succeed. Since December 2010, Florida businesses have created nearly 900,000 private-sector jobs. We will keep working to grow opportunities in Florida so every family can live their dreams here in the Sunshine State,” Gov. Scott said.

As part of this significant expansion, the company is investing a combined $18 million in its infrastructure and facilities, which will include retrofitting an existing 50,000-square-foot building and constructing an entirely new 120,000-square-foot building on 25 acres at Port Redwing.

“Tampa Tank and Florida Structural Steel have long been a supporters of the Tampa community and Port Tampa Bay,” Paul Anderson, Port Tampa Bay president and CEO, said. “We applaud their growth and expansion, and look forward to the new jobs that will impact this region for generations to come. These companies represent the finest of our customer base, as they are huge manufacturers and exporters of extremely unique and high-quality products. We look forward to supporting them for many years to come.”

Tampa Tank is a strong export company, contributing to Port Tampa Bay’s export business lines. With this expansion, the company is helping to further increase the port’s steel imports while also expanding fabricated steel exports.

Tampa Tank was established in 1953, and Florida Structural Steel was acquired in 1984. The company provides customized design, repair, and fabrication of welded steel products to customers nationally and globally. The Tampa-based company currently employs 255 Floridians and is exercising a 20-year lease agreement, with three 20-year renewal options.

“Today’s announcement signifies Tampa Tank’s strong commitment to our community, and the remarkable success our company is enjoying nationally and globally,” said David Hale, CEO of Tampa Tank, Inc./Florida Structural Steel. “We appreciate the strong support we’ve received from our public and private partners, particularly Port Tampa Bay.”
Tampa Tank, Inc./ Florida Structural Steel is staffed and equipped to provide complete design, shop fabrication, shipment, field erection, inspection, and testing of welded steel products to our customer’s specific requirements. For additional information on the companies, please call (813) 241-4261.

Port Tampa Bay is Florida’s largest port and the largest economic engine in west central Florida, supporting nearly 80,000 jobs and generating almost $15 billion in annual economic impact. In addition to being a top 10 U.S. cruise port, the port handles a wide array of bulk, break bulk, containers and roll-on/roll-off cargoes, and is a major shipbuilding and repair center. Port Tampa Bay is the first seaport in the U.S. to receive the designation as “StormReady” by the National Weather Service.