Florida Governor Rick Scott was in Orlando Monday morning to announce the expansion of SquareTrade, and opening its second U.S. location in Orlando. The office already has 120 full-time employees and will reach a total of 180 employees by the end of the year. SquareTrade has also made a $546,000 capital investment to the region.
“Florida is growing. In just five years, we’ve added over one million jobs and cut over $1 billion in taxes in the last two years.” said Scott “SquareTrade’s decision to expand and grow in Orlando is tremendous news for all Floridians. This growth demonstrates that cutting taxes and eliminating regulations is helping Florida become the number one place in the world for jobs. I look forward to finding more ways to return money to Floridians and create opportunities in our state.”
Since 1999, SquareTrade has protected mobile devices, laptops, tablets and other consumer electronics and applications from drops, spills and the mishaps of its customers’ everyday lives. The expansion was made possible through partnerships between Enterprise Florida, the Florida Department of Economic Opportunity, Orange County, the Orlando Economic Development Commission, CareerSource Florida and Valencia College.
Orange County Mayor Teresa Jacobs was on hand for the ribbon cutting and added “We are thrilled that SquareTrade has chosen to expand and locate their operations in Orange County. We continue to focus on bringing high-wage, high-value jobs to our community in order to diversify our economy, and this is another great example.”
Other elected officials on hand included State Representative Mike Miller (R-Winter Park) and Orange County District 6 Commissioner Victoria Siplin.