850 - The Business Magazine of Northwest Florida

Page 76


Panama City, Panama City Beach + Bay County

Prospects Making Landfall Bay County’s appeal outweighs potential for storms

ACTIVE PROJECTS There has been no let-up in the professional life of Becca Hardin, president of the Bay County Economic Development Alliance, since Hurricane Michael. Prospect activity, in fact, has increased in the months since the storm. Hardin reported to an EDA investors meeting in February that she and her team were working on 22 projects, ranging from requests for proposals to some nearing the finish line.

By Steve Bornhoft


t seems counterintuitive, but the Bay County Economic Development Alliance and its president, Becca Hardin, have been busier since Hurricane Michael blew through the county than before the storm arrived. Hardin found that the potential for hurricanes frequently surfaced as a topic of conversation with prospective new businesses pre-Michael, but fears were easily allayed. “It’s a point of discussion, but we were able to tell people that it had been almost 40 years since a hurricane had directly hit Panama City,” she said. That comfort was destroyed by Michael, leaving Hardin to assure prospects that “if there can be a good thing about a natural disaster, you would rather have a hurricane than a tornado or a forest fire or an earthquake, because at least you have some time to prepare. You have the chance to get things stabilized and secure and then evacuate in advance of the storm.” Hardin was pleased to report in late November that she had been visited by prospects every week since landfall. Hardin was fresh from a meeting held in Panama City with an international prospect. “It’s a very big project, and we really hope that we can push it across the finish line,” Hardin said. “The meeting was a chance for us to tell them what we need from them so that we can more particularly furnish them with information about what we have to offer the company.” Hardin said she is confident that the EDA will be making significant project announcements throughout 2019. Meanwhile, companies that recently set up shop in Bay County are undeterred. “They are all focused on rebuilding and






they are committed to staying, even the company from Mexico,” Hardin said. That company, Air Temp, Inc., announced in May 2018 that it would be establishing a manufacturing facility in the old Boyd Brothers Printing location. Air Temp produces automotive parts that include condensers, radiators, heat exchangers, evaporators and other components. It is a leading supplier to Volkswagen, Nissan, Ford, Peugeot and other original equipment manufacturers — and has been named as the Volkswagen supplier of the year five times. Air Temp’s plans included a capital investment of approximately $6 million and the creation of 50 jobs for skilled employees. Air Temp’s worldwide headquarters is located in Panama City’s sister city, Mérida, Yucatán, Mexico. “We have found Bay County to be the ideal location to expand our company and establish our U.S. operations,” Air Temp’s Jorge Habib said, discussing those plans. “By working closely with Bay EDA, Port Panama City, CareerSource Gulf Coast, local governments and many other entities, we are confident that Bay County is the best location for our new manufacturing operation.” There are no meteorologists present when Hardin entertains prospects. But, she said, the Bay County delegation always includes John Holdnak, president of Gulf Coast State College; Dean Randy Hanna of Florida State University, Panama City; and Kim Bodine, the executive director of CareerSource Gulf Coast. Bodine heads up an organization whose mission is to assist institutions and agencies in tailoring their training and workforce services to meet the economic development and employment needs of Bay and nearby counties.

Hardin said many people have the mistaken idea that economic development work primarily involves providing companies with financial assistance and tax incentives as enticements. “That’s really not the case,” Hardin said. “You have to have the total package. Incentives are nice, but incentives don’t close deals. You have to be able to prove that you have a workforce capable of supporting a project, and your community has to be one that affords people a good quality of life.” Hardin said she was dealing with a company for whom quality of life was a prime consideration “because they are intensely employee focused and they would be recruiting people from outside the area to come to Panama City. “Here, you can work during the week and go to the beach on the weekend. You can enjoy