Industry Expertise
The targeted industries identified by the Business Development Board of Palm Beach County comprise historic and 21st century sectors driving the regional and global economy. Each enjoys a pro-business environment, a robust workforce backed by best-in-class education and training, solid infrastructure, and enviable year-round weather.
Aviation / Aerospace / Engineering
For generations, the County has been a national leader in this sector. More than 20,000 employees work at 1,760 companies—Lockheed Martin Corporation and its Sikorsky subsidiary, Aerojet Rocketdyne, Pratt & Whitney, and Northrop Grumman among them— providing an average wage of $134,214.
Distribution / Logistics
Combine thousands of acres of shovel ready land and a strong and growing network of rail, shipping and other infrastructure with unmatched and convenient access to world markets, population centers and last-mile logistics, and Palm Beach County is the logical choice for leading distribution companies.
Financial Services
Palm Beach County is called “Wall Street South” for good reason. We’re home to 19,077 companies in wealth management, banking and investment services, venture capital, private equity, hedge funds and corporate finance—and more than 59 billionaire and 71,000 millionaire households. We’re where the money is.
Technology / Cleantech
Cleantech is the industry of tomorrow at home in Palm Beach County, where geography and climate provide significant solar, biomass and ocean energy sources and make the state a leader in clean energy employment. The state and County support the industry through various incentives.
Agribusiness
The rich “muck” of western Palm Beach County’s “Glades Region” is fertile soil to an $11 billion sector employing thousands in the agriculture, forestry and related food industries. Much of the region’s sugarcane, winter vegetables, ornamental landscaping and sod are grown in this regional crossroads less than an hour from the coast.
Life Science and Healthcare
From major hospital expansions to nearly 700 life science firms, the Palm Beaches is home to an ecosystem engaged in R&D, manufacturing and commercialization of biotechnologies, medical devices, pharmaceuticals and environmental and biological sciences. From early arrivals such as the world’s top two research institutes to the latest expansions like ADMA and BioStem Technologies, each is changing the world of science.
Quantum Technologies
e Palm Beaches have assembled what most regions are still planning — a dedicated quantum computer, a statewide research alliance, a corporate anchor in D-Wave, a funded talent pipeline, and an annual conference that draws 500+ leaders. Florida's quantum ecosystem is real, and the Palm Beaches are at its center.
Marine Industries
With 47 miles of Atlantic coastline, it’s easy to envision a robust marine sector. Beyond fishing, diving and boating, the repair and refurbishment of pleasure craft and mega yachts is a $12 billion regional juggernaut that employs thousands in high-paying year-round jobs.
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