An Israeli company specialising in couplings, clamps and other connectors for water pipes has chosen Ocala, Marion County, Florida for is North American Headquarters and looking to move the operation to the USA in November.
- New International Company now Headquartered in Ocala
- New jobs to be created
- Long term lease
- More industrial space occupied.
It is said a primary motive for the companies move to USA is ageing infrastructure, particularly in the states. The American Society of Civil Engineers 2013 Infrastructure Report notes an estimated 240,000 water main breaks per year in the UK, at a cost that could exceed $1 trillion in coming decades.
The early phase of the new Ocala operation will emphasise warehousing and shipping, with a look to have some manufacturing at the site in the future.
Kevin Sheilley, president and CEO of the Ocala/Marion County Chamber Economic Partnership called Krausz USA “an exciting addition to our community”
This news can only be positive for Ocala and subsequently property and land prices in the area.
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