When SOP Technologies was looking for the ideal location to develop, test, manufacture and sell devices to stop ocean pollution, Miami quickly rose to the top of the list.
Multiple metal fabrication facilities in Miami-Dade County gave SOP a choice of contractors to fabricate the trash capture grates. Area universities are also training the next generation of mechanical engineers on whom SOP will depend on future innovations.
In addition, the region's efforts to address environmental issues have helped introduce like-minded communities to SOP's products that capture trash before rainwater flows into the ocean.
“Miami offers us a great opportunity to manufacture our technology using local suppliers and reach a large customer base in progressive cities and counties,” said Emilio, CEO of SOP Technologies.・Lopez states. “Thanks to our work in Miami, cities around the world are beginning to recognize and implement our green technology.”
Widely known for its tourism, business conventions and international trade, manufacturing is one of the industries transforming the region's economic engine. According to the South Florida Manufacturers Association, regional manufacturing generated $940.8 million in sales in 2020 and accounted for more than $1.21 billion in total economic impact.
While Miami has garnered international headlines for its foray into cryptocurrencies, tech startups, and venture capital, manufacturing is thriving across the county. Companies based at this hemispheric crossroads find access to global trade routes, a skilled workforce, an ecosystem of innovation, and the capital they need to seed and expand any business.
“Miami supports a wide range of highly specialized manufacturers who have discovered unparalleled service, key talent and even lifestyle amenities,” said Miami-Dade Beacon Council's Senior Vice President of Research and Strategic Planning. President Dr. Jaap Donas added. The county's official economic development organization.
Miami manufacturers serve everything from hand-crafted artisan products to mass production across a variety of sectors, including high-tech, health-tech, fintech, and even sectors targeting environmental and sustainability initiatives. doing. The county is also home to hundreds of manufacturers serving the pharmaceutical, aviation, aerospace, food and beverage, and cruise and travel sectors.
InnFocus, a subsidiary of life sciences company Santen Pharmaceuticals, manufactures microshunts for glaucoma patients. Cryptocurrency data mining center and Bitcoin farming company BIT5IVE provides advanced cryptocurrency hardware.
Umbrella manufacturer TUCCI serves resorts around the world. Food companies include Filthy Foods, which makes high-end cocktail garnishes; Miami Club Rum is an organic sugar cane juice based rum that has won competitions around the world.
SOP Technologies isn't alone in its pursuit of green manufacturing. Danish salmon farmer Atlantic Sapphire is innovating sustainable fish farming at his 390,000 square foot aquaculture facility in Homestead.
Manufacturing in the region is on a steady upward trajectory. Companies that invest here find a welcoming business community that shares a sense of opportunity and quality of life across borders and opens up global markets for locally made products.
“The Miami metropolitan area is an ideal geographic destination to serve national and international markets, and has established itself as a home base for innovative manufacturers seeking access to a skilled workforce and educational opportunities. It's well-established,” said James Kohnstamm, the council's executive vice president for economics. development. “Greater Miami has evolved into a world-class hub for banking, commerce, and trade. Now add manufacturing to your core sectors and build a 21st century industrial hub.”
The Miami-Dade Beacon Council is the county's official economic development partnership. Promoting the county as a world-class business destination, the Council attracts and retains companies that invest in and create high-value jobs that shape Miami-Dade's economic future. Fostering entrepreneurs, a diverse talent pipeline, and a positive business environment, MDBC promotes long-term economic prosperity and inclusive growth for our community's businesses and residents. For more information about expanding your business to Miami, visit beaconcouncil.com.