West Palm in code name mode as companies shop the city

The city is considering dishing out about $100,000 to attract two unidentified firms, one in aerospace/aviation, the other in life sciences.

City commission votes are scheduled for July 17 for “Project Falcon” and “Project Cell,” respectively.

According to the commission agenda, Project Falcon is the code name for an aerospace or aviation firm that wants to relocate to the city with 450 jobs and create an additional 200 over the next five years.

The jobs would have an average salary of about $66,000.

The state would pay the biggest part of the incentives package, $640,000, while the county would match the city’s $80,000.

The same company was recently shopping locations in Palm Beach Gardens, as well.

Project Cell, meanwhile, is the code name for a life sciences firm that would move seven jobs to West Palm Beach and add 15 more over the next year, with an average salary of $76,000.

The city would pay $18,000 in incentives for Project Cell and Florida would pay $72,000.

FOR MORE DETAILS….http://www.mypalmbeachpost.com/news/why-west-palm-considering-paying-100k-lure-two-new-companies/Px13TGtUOuukCYCeHSGrbJ/