New manufacturing company to bring hundreds of jobs into Bay County

PANAMA CITY, Fla. (WJHG/WECP) - Central Moloney Inc. is expected to open a new office in Bay County. The announcement was made during Wednesday morning’s Bay Economic Development Alliance meeting.

“Anytime you can announce that you got a new advanced manufacturing company coming into your community, its a great day,” said President Becca Hardin.

The EDA is calling it project “Lightning Strike.”

“They are going to increase their operations, they’re going to expand,” said Chairman Will Cramer.

The company, which manufactures distribution transformers and transformer components, is expected to open a 140,000 square foot facility owned by St. Joe Company

During the announcement, officials said this will bring 200 new jobs in Bay County and more $19 million in revenue for salaries.

“This is a great addition to the community, its not replicating something we already have, its a new opportunity for people,” said Cramer.

Brandon Robinson, a student who attends Gulf Coast Technical Institute said this is a growing field right now.

“We need more tech jobs, there’s a big lack of tech jobs, and I think it’ll be good for the community,” said Robinson.

The company wants to hire employees within the next six to eight months.

Copyright 2022 WJHG. All rights reserved.