Europe is Noticing Jacksonville’s Benefits

One of Europe’s largest cold storage logistics companies is expected to announce its plans to make Jacksonville its North American distribution headquarters by the end of the year. Aside from three to five senior management positions, the more than 100 employees, with annual salaries averaging $50,000, will be sought domestically.

Although sizable, it will pale in comparison with Deutsche Bank’s recent arrival, which is bringing 1,000 jobs to the area. Source: Jacksonville Business Journal

I expect that when the expanding port facilities are completed, there will be many additional overseas firms taking advantage, bringing additional jobs to the area. Jacksonville was never a tourist attraction and consequently has had to rely on developing other sources of income for the population.

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