business Archive

One Okaloosa EDC announced today that Gulf Air Group, Inc. has selected Crestview’s Bob Sikes Airport for a competitive expansion project.  The anticipated $16,000,000 investment will be applied toward the construction and equipping of a new, state-of-the-art aircraft hangar complex totaling 70,000 SF. 

Along with the investment, the company has committed to hiring 55 individuals at an average wage of $89,000 (179% of Okaloosa County’s average wage).  These positions are in addition to the 102 employees the company currently employs in their existing facility at Bob Sikes Airport.

Florida residents and businesses likely will get hit with higher electric bills in 2023 as utilities continue to struggle with increased costs of natural gas.

Florida Power & Light, Duke Energy Florida and Tampa Electric Co. filed petitions Friday at the state Public Service Commission that detailed expected costs in 2023.

Businesses across the United States have been hurting amid economic pressures such as inflation and supply chain issues. The Sunshine State’s businesses are no exception.

A recent study found that, as of April 2022, 44.7% of Florida businesses are experiencing domestic supplier delays and 26.1% are seeing delivery or shipping delays to their customers.

Whether you are driving across the United States or across town, it takes gas to get there.

In the last few months, that has become complicated as gas prices for all types of gas have soared due to inflation.