A business that could have moved out of Sarasota will instead move to a larger facility after help from the Sarasota County Economic Development Corporation and a County Commission incentive program.
Harmar Mobility LLC, a manufacturer of wheelchairs and stairlifts for people with reduced mobility, plans to expand a new manufacturing facility in northern Sarasota County and hire 43 more people for an average salary of 58 $ 000.
The Sarasota County commission on Tuesday approved a $ 129,000 Economic Development Fund grant to be paid over 10 years and a 10-year property tax exemption associated with the increase in value the company plans to make to installation.
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Company executives had considered moving the business from their 47th Street location to another location in Florida or possibly relocating to Missouri when sales growth prompted a need for expansion.
EDC began working with Harmar in January 2020 authorizing the project to expand and develop the workforce, particularly the location of qualified welders, according to an EDC press release.
“We are delighted to be able to stay in Sarasota and ultimately only moved about a mile from our previous location,” said Steve Dawson, CEO of Harmar, in the press release. “We have grown rapidly and EDC has been very helpful in supporting our growth”,
Lisa Krouse, President and CEO of EDC, said in the press release that she is thrilled that EDC can play a role in keeping a company like Harmar local.
“They were already there, growing and offering good paying jobs with benefits,” she said. “It would be a loss for our community if they went elsewhere.”
Krouse took over as EDC leader in early August after the Sarasota County Commission voted in June to phase out funding sources available to the organization in its current configuration over a three-year period.