Business Services Industry

Pharmaceutical distributor decides to stay in Seminole, Fla.

Knight Ridder/Tribune Business News, July, 2004

By Richard Burnett, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News

Jul. 15--Lured by almost $2 million in tax-break incentives, specialty-drug distributor Priority Healthcare Corp. of Lake Mary plans to remain in Central Florida and create about 450 jobs as part of a multimillion-dollar expansion, the company said Wednesday.

Priority decided to stay in Lake Mary -- in Seminole County after mulling overtures from other cities in Florida and across the country, the company said. At one point, Orange County was also in the running, company officials said.

The decision means Central Florida will retain Priority's current 550 employees as well as 450 new hires expected during the next five years.

The company plans...

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