Businesses Choose Clearwater

Choosing the right location for your business expansion or relocation can make all the difference. Our Economic Development Team partners with business owners, site selectors, real estate professionals, and developers to guide you through the site selection process with confidential, data-driven support. From identifying the ideal location to obtaining a certificate of occupancy, we provide the information, resources, and guidance you need to make confident business decisions.

 

Monin

 

Clearwater hosts several major employers, most of which are headquartered locally, including:

  • BayCare Health System

  • AmeriLife 

  • Bausch & Lomb Surgical 

  • The Monin Americas Headquarters & Flavor Innovation Center 

  • FrankCrum 

  • KnowBe4 

  • GE Vernova – recently chose Clearwater for a $50 million, 190,000-square-foot expansion, establishing its first Advanced Manufacturing Center of Excellence.

  • FlyUSA

  • Lincare Holdings

  • Aerosonic Corporation

  • PostcardMania

  • Yo Mama’s Foods – with products in over 24,000 stores nationwide, ranking among the top-selling pasta sauces on Amazon, and recognized as the #2 fastest-growing emerging brand on Instacart’s 2025 list.

Why Florida is a Business-Friendly State

Florida consistently ranks as one of the best states for business by site selectors and executives alike due to its business-friendly state tax policies, low operating costs, and streamlined regulatory environment.

In 2025, for the 11th consecutive year, Chief Executive Magazine ranked Florida as the No. 2 state for business, citing its pro-business environment, favorable tax climate, and strong university system.

Tax Structure & Operating Costs

  • No State Personal income tax
  • Competitive corporate income tax rate, exemptions for pass-through entities
  • No state or local sales tax on commercial leases
  • No franchise tax or capital-stock tax in many cases
  • No property tax on business inventories, and goods-in-transit for up to 180 days
  • No statewide ad valorem state property tax

Manufacturing & Export Advantages

  • Pinellas County has the 3rd largest manufacturing base in Florida
  • Sales/use tax exemptions for machinery & equipment used in manufacturing
  • Exemptions for goods manufactured in Florida and exported outside the state
  • Raw material & packaging exemptions (where applicable)

Skilled & Educated Workforce

Clearwater benefits from a regional workforce of over 1.5 million, providing businesses with the talent, education, and skills needed to succeed. With over 30 higher education institutions located within an hour's drive, the region offers a robust pipeline of emerging talent.

  • #1 U.S. State for higher education 10 years in a row (2025, U.S. News and World Report)

  • Workforce development and education programs tailored to industry needs

  • Workforce training grants available through CareerSource Florida