The Department of Defense has awarded the first, of potentially many, contracts to NeoCity’s BRIDG to develop advanced microelectronics. The Department of Defense’s Industrial Base Analysis and Sustainment (IBAS) program awarded BRIDG a contract worth more than $20 million to create a new process to develop the next generation of microelectronic chips that will help secure the United States defense industrial base.
A partnership between Tokyo Electron (TEL) with BRIDG announced this week to develop tool and process technology needed to further enable collaborative approaches for development-to-commercialization of technologies and applications that accelerate commercialization of emerging technologies drew praise for Osceola County officials.
Frito-Lay today announced intent to invest $130 million to construct a 286,000-square-foot high-tech service center on 75 acres across from the new Poinciana SunRail Station.
On Monday, the project was introduced to the County Commission as Frito-Lay. Company executives presented plans for a facility that will employ 200, and be completed by 2021.
The 286,000-square-foot service center for Frito-Lay in Osceola County will allow for continued growth in the county and the surrounding communities.
NeoCity will use $5.8 million from a key infrastructure grant awarded by Gov. Rick Scott today to complete a high-profile gateway road for the 500-acre technology district that is integral to enhancing the project’s connectivity and encouraging new partnerships.
“I’m glad that Governor Scott recognizes the significance that NeoCity will have in creating jobs and expanding employment opportunities in the region. Access to NeoCity is at the heart of this infrastructure project, and making it connected, functional and appealing is fundamental to its long-term success,” said Osceola Commission Chairman Fred Hawkins, Jr. “Creating high-profile roadways that provide connections to our existing transportation network will have an immediate impact in attracting new partners to our project.”
Global rating agency Fitch assigned an “AA-” rating to a $26.3 million bond issue that will be used to build and equip a 100,000 square foot office building at NeoCity, the County’s 500-acre technology district.