Governor Rick Scott today announced that iStorage (Storage Management and Leasing Co.), a company that owns and operates storage facilities nationwide, is establishing its corporate headquarters in Winter Garden. This expansion will add 36 positions to the company’s 12-member staff and includes a $3.02 million capital investment by the company.
Governor Rick Scott said, “Everything we do in Florida is geared toward job creation, and it’s working. The news that iStorage is establishing its corporate headquarters in Florida is more proof that we are implementing policies to create more jobs for Florida families. Over the last two years, Florida has created more than 320,000 private sector jobs and our unemployment rate continues to drop.”
Christopher Miller, CEO of iStorage, said, “We are excited to continue growing our business and developing our headquarters in the City of Winter Garden. Winter Garden is family oriented, has a terrific quality of life and the various activities surrounding the West Orange Trail promote active and healthy lifestyles. iStorage commends all of the individuals that have put so much effort into creating a truly great environment and city.”
The City of Winter Garden, Enterprise Florida, Metro Orlando Economic Development Commission and State of Florida partnered with iStorage to bring this project to fruition.
Gray Swoope, President and CEO of Enterprise Florida, Inc. said, “This project is another great example of how Florida provides resources and talent that help companies grow. We have the perfect climate for business.”
Rick Weddle, President and CEO of the Metro Orlando EDC said, “iStorage’s choice to expand and establish their headquarters in the Metro Orlando region shows our viability as a business location thanks to our strong workforce.”
Winter Garden City Manager Mike Bollhoefer added, “Downtown Winter Garden is very desirable to entrepreneurs and start-ups that are looking for a quality urban environment to do business. We are very pleased to have iStorage join our business community,”
iStorage has received approval from the state and City of Winter Garden for a Qualified Target Industry (QTI) Tax Refund of $270,000 and a Brownfield Development Bonus. Both are performance-based incentives that a company receives after its job goals and other contractual requirements are met.