Business Excellence

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Clearwater Business Excellence

Clearwater is home to major employers such as BayCare Health System, AmeriLife, Bausch & Lomb Surgical, The Monin Americas Headquarters, FrankCrum, KnowBe4, and GE Verona. GE Verona selected Clearwater for a $50 million, 190,000-square-foot expansion, launching its first Advanced Manufacturing Center of Excellence.

Additionally, several leading companies are headquartered in Clearwater, such as Lincare Holdings, Aerosonic Corporation, FlyUSA, PostcardMania, and Yo Mama’s Foods, which has products in over 24,000 stores nationwide, ranks among the top-selling pasta sauces on Amazon, and is recognized as the No. 2 fastest-growing emerging brand on Instacart’s 2025 list.

Clearwater is one of the most desirable locations in the region to conduct business due to its central location, and benefits from access to a diverse regional workforce of over 1.5 million, providing businesses of all sizes with the talent, education, and skills needed for success. Tampa Bay is home to several higher education institutions providing the necessary curriculum to produce a strong talent pipeline such as St. Petersburg College, Nova Southeastern University’s Tampa Regional Campus in Clearwater, Ultimate Medical Academy, Pinellas Technical College, University of South Florida, among others.

Pro-Business Climate

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Florida consistently ranks as one of the best states for business by site selectors and executives alike due to its business-friendly state tax policies, low operating costs, and streamlined regulatory environment.

In 2024, for the 13th consecutive year, Chief Executive Magazine ranked Florida as the No. 2 state for business, citing its pro-business environment, favorable tax climate, and strong university system.

 

 

Companies operating in Florida experience:

  • Favorable corporate tax policies
    • No corporate income tax on limited partnerships and subchapter partnerships
    • No corporate franchise tax on capital stock
    • No State-level property tax assessed
    • No property tax on business inventories, and goods-in-transit for up to 180 days
    • No sales and use tax on goods manufactured or produced in Florida for export outside the state
    • No sales tax on purchase of raw materials incorporated in a final product resale, including non-reusable containers or packaging
    • No sales and use tax on co-generation of electricity
  • 0% State personal income tax
  • Skilled and educated labor force
    • #1 U.S. State for higher education 5 years in a row, (U.S. News and World Report)
    • #1 U.S. State for attracting and developing talent, (Lightcast Talent Attraction Scorecard)
  • Workforce development and education programs tailored to industry needs
  • Cost of Living that is consistently lower than the national average
  • Outstanding quality of life

Businesses choose Clearwater, FL, for its thriving economy, business-friendly environment, and unbeatable quality of life. With a skilled workforce, strategic location, and unparalleled outdoor amenities, Clearwater offers the perfect place to grow and succeed. Contact us today to learn more about why so many businesses are making Clearwater their home! 

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