|Governor Scott Leads Brazil Trade Mission
This week, I returned from leading a trade mission to Brazil, where a delegation of 185 Florida business and community leaders delivered a strong message to Brazilian businesses and tourists that they are welcome in Florida.
Brazil and Florida share a $16 billion bilateral trade relationship. As Florida’s No. 1 trading partner in the world and its No. 1 export market, Brazil was also Florida’s second largest overseas tourism market last year. Interestingly, visitors from Brazil ranked No. 1 in tourism spending.
During the trip, we were able to announce a capital investment of $25 million that will open a manufacturing facility in Palm Beach. A natural caffeine food supplement derived from a Brazilian fruit called guarana will be sold to the food and beverage, chemical, and pharmaceutical industries. The project is slated to create 75 jobs, paying an average of $62,000 per year. The venture will be launched without any incentive package from the state.
In addition, Brazil’s official export promotion agency, APEX, has expanded its U.S. operations in Miami. APEX helps Brazilian companies access international business opportunities and increase exports. The expansion and a $500,000 capital investment has enabled APEX to add seven full-time staff, relocate to downtown Miami and expand to 11,000 square feet of space, which is primarily used for 20 business incubator offices.
It’s exciting that Florida is attracting international business, which is further evidence our state is ready to compete on an international stage. I will do all I can to ensure Florida and international businesses have every opportunity for success in our state. I invite you to visit the links below to learn more about these announcements, as well as recent exciting Florida job creation numbers.
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