Orlando approves economic incentives for pet diagnostics firm
The city of Orlando approved an incentive package April 28 to help lure an Indiana-based veterinary diagnostics testing company to Orlando. Antech Diagnostics is planning to create 45 high-wage jobs by the end of 2015, paying an average salary of $48,686. That would pump nearly 2.2 million into the economy annually, and Antech is planning to spend more than $1.3 million on construction and equipment at its Orlando location.
“Any company that invests their capital in our city, I think is worth our support,” said Orlando Commissioner Jim Gray. “We hope to see them have a more permanent location here.”
The Orlando City Council approved its portion of a $135,000 incentive package. The city’s portion of that would be $27,000 in total, paid in the form of tax rebates after the jobs are created.