Time Warner to Create 500 Jobs at Florida Service Center
Anticipated to open in Tampa or Temple Terrace in late 2012, the center will start with about 100 employeesâ€”jobs that will mainly be in human resources and IT.
According to Time Warner CFO John Martin, average salaries will start, â€śnorth of $50,000 a year.â€ť
Floridaâ€™s state and local tax incentives were a big part of the broadcast and publishing companyâ€™s decision to move to Hillsborough, Martin said.
The final package includes $1.5 million in Qualified Target Industry fundsâ€”tax refunds for every new job created, including $1.2 million from the state and $300,000 from local community matchesâ€”and $900,000 from the Quick Action Closing Fund, as well as funds for workforce training. Hillsborough County and the City of Tampa are offering an additional $225,000 each in incentives for a total of $450,000 at the local level.
â€śWeâ€™ll get a great return on the dollars that weâ€™re putting up,â€ť Gov. Rick Scott said. Adding that the investment will pay off for the state with a boost in sales, property and other taxes in the coming years.
Martin said that the countyâ€™s labor force was most likely one of the biggest reasons Florida won out against such cities as Atlanta, GA; Rochester, NY; and Phoenix, AZ. There were also â€śmodestly lower costsâ€ť associated with the Tampa area compared with Atlanta and the fact that Time Warner has had a customer service unit operating there for 25 years.
Successes with that operation â€śunderscored our confidence that we could grow a new business here,â€ť he said.