City Refrigeration Selects Jacksonville

The Jacksonville Jaguars didn’t win many games last season, but it did pull one out in London, defeating the Indianapolis Colts 30-27. Earlier in 2016, the City of Jacksonville scored a big win in London when in March City Refrigeration announced it was establishing its North America headquarters in District 11.

The international company has a contract with Southeastern Grocers, based in Jacksonville. It is expected that City Refrigeration will bring more than 100 jobs to the city with an average wage of $67,000. The move comes with an incentive package provided by the state and the city. City Refrigeration received a Qualified Target Industry grant that awards it $3,000 per new, full-time employee up to $153,000. The state and the city split the cost 80-20. Additionally, the company received a REV Grant of 50 percent on purchases of tangible property for 10 years not to exceed $200,000.

Danny Becton, District 11 Council Member, said at the announcement ceremony that the influx of new employees will be a multiplier in the district’s economy. “This means jobs that bring new neighbors to our communities, new lunch customers for our local restaurants and for our small business owners in the District, they will have the opportunity to grow their businesses with new patrons.”

CM Becton was especially thrilled that a company of City Refrigeration’s stature chose to move to Jacksonville. CM Becton has more than 30 years of experience in the grocery business and is well aware of the company’s opportunities here in the United States.

Click Here: 2016 03 22 2016-197 Development Agreement

Click Here: 2016 03 22 2016-197 Exhibit 1

Click Here: 2016 03 22 2016-197-A Bill Enacted