Palm Coast, FL – February 6, 2013 – The Flagler County Department of Economic Opportunity is pleased to announce that Coastal Cloud, LLC, a subsidiary of Graphene, a cutting edge information technology company, will locate its headquarters in Flagler County. Coastal Cloud intends to construct its state of the art headquarters and bring 100 high-tech jobs to Flagler over 3 years.
Using the latest in technology, Sara and Tim Hale, Managing Partners of Coastal Cloud, presented the company’s plans to the members of the Flagler County Economic Opportunity Advisory Council via the internet. The Hales explained how Coastal Cloud specializes in getting their clients’ maximum value from their investments in software such as Salesforce.com, Google Apps and other leading cloud-based solutions through a unique, cost-effective, domestic service model. Coastal Cloud is an expert in a range of industries including telecommunications, high-tech, media, healthcare, real estate and government entities.
Mr. Hale completed his presentation by stating that, “The Company will develop and retain outstanding employees by offering leading-edge technology careers, continued training, interesting projects, and a superior quality of life. Live at the Beach - Work in the Cloud.”
“This is great news for the entire county,” said Commissioner Barbara Revels, who chairs the Economic Opportunity Advisory Council “It is exactly what we had in mind when we created the Flagler County Department of Economic Opportunity. Attracting a high-tech industry is a home run for our team.”
“Flagler County’s Department of Economic Opportunity has made expanding our company here a seamless process,” Hale said. “They took the time to understand our business model, ensuring a comprehensive approach and simplifying the transition.”
Department of Economic Opportunity staff has been working with the principals of Coastal Cloud for the past six months to facilitate their expanding in Flagler County. The Company plans to make a significant capital investment to build their Flagler County headquarters. They anticipate hiring 15 employees in the first year, 35 the second year and adding 50 more employees in year three. The average wage for the new jobs will be substantially above the current average annual wage in Flagler County.
The company has been approved to receive Florida’s Qualified Target Industry (QTI) incentive, which is a performance-based incentive directly related to the number of new jobs the company creates. The Economic Opportunity Advisory Council board is recommending that the County provides a similar approach, as well as working with Daytona State University to provide custom training certification for local residents.