Encell Technology Explores Possibility of Expanding Operations in Alachua County

21, June 2013

Encell Technology, a company that designs battery storage and management systems, has proposed establishing operations at Phoenix Commercial Park on Highway 441 in Alachua. It is projected that the battery storage design and managements systems company would create 167 jobs involving a wide variety of skills and educational backgrounds. The average salary for each created job would be $70,000 with an average value of benefits of $15,000.

The company's proposed manufacturing facility would accompany its current research and development laboratory just outside of Alachua. Now that Encell has developed its rechargeable battery, the company is set to manufacture and market the product on a worldwide scale.

Below is an article from the Gainesville Sun:

The Alachua County Commission on Tuesday approved Encell's request to participate in the Qualified Target Industry program in a 4-1 vote.

This is a tax-refund program that provides incentives for high-wage job creation in targeted industries. The state pays 80 percent of the tax refund while local governments — in this case, Alachua County — pay 20 percent of it.

Commissioner Mike Byerly, who voted against Encell's request, said Tuesday he doesn't support the QTI program but that this proposal "sorely tested" his opposition because it's a great opportunity.

Florida is its No. 1 choice, and Alachua County is its top pick within the Sunshine State, Maier said. Encell is currently in negotiations for the local site's purchase. Its research and development lab already is based within the Energizer building it wants to purchase, Maier said. Encell is using only about 30,000 square feet right now but wants to utilize the full property of approximately 180,000 square feet.

Read more at http://www.gainesville.com/article/20130620/ARTICLES/130629970?p=2&tc=pg.

TRIMARK PROPERTIES | STAFF | 21-JUN-2013