RGF president and CEO, Ron Fink illustrated the direct effect of recent tax breaks on capital investments, pointing out a $1 million laser cutting machine that was purchased in the last year. The business saw record growth in 2017 with a 38 percenr increase over the prior year and is currently constructing an additional 3,000 square feet of office space to accommodate its growing staff.

RGF’s VP of business development, Tony Julian, elaborated on other benefits the company has seen due to Florida’s pro-business and pro-growth tax policies. “We’re investing in capital equipment and acquiring new companies to complement our operations. Just this week we finalized an acquisition of a 45-year old company specializing in FDA 501K medical equipment and industrial air filtration systems. Later this year, we’ll be commissioning a new plastic extrusion line to make a component here that we previously outsourced. This is something that will substantially increase our competitive advantage in key commercial and industrial markets,” Julian told the crowd.

Publication date: 5/8/2018

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