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Highlights of Economic and Business Growth in the Tampa Bay Region (News Briefs)
Date:1/7/2009

TAMPA BAY, Fla., Jan. 7 /PRNewswire/ -- News briefs concerning economic and business growth in the Tampa Bay Region from the Tampa Bay Partnership:

Draper Labs Acquires Manufacturing Site in Tampa Bay

The Charles Stark Draper Laboratory bought a 41,000-square-foot building in St. Petersburg recently where it plans to manufacture microchips for the military. Renovations to the building, 10050 16th St. N., should be completed in March 2009. The site could employ an estimated 65 people in the next five years, primarily in highly technical production jobs. Scientists there will work to meet an increasing demand for highly complex, technically advanced MCM systems in small packages for innovative applications, such as medicine, energy conservation, port security and more. In addition to its St. Petersburg facility, Draper Labs is working closely with Progress Energy on energy-related research and development initiatives and is also partnering with the University of South Florida and its medical school to create a facility for the design, development, and testing of BioMEMS technologies. (Contact: Amy Schwenker, 617-258-2601, aschwenker@draper.com)

Exactech To Open Tampa Bay Manufacturing Facility

Exactech, an orthopedic device company, will open a new manufacturing facility in Manatee County. The 13,000-square-foot facility will manufacture surgical instruments used to implant the company's joint replacement devices. Exactech, based in Gainesville, Fla., expects to hire 12 employees during the start-up phase. That number is expected to at least double during the next three to five years. The company currently designs and manufactures orthopaedic devices that are used by surgeons in more than 30 countries around the world. (Con
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SOURCE Tampa Bay Partnership
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