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Jerry Flatt

Local company is expanding with 100,000-square-foot building

May 4, 2021 By B.C. Manion

A new 100,000-square-foot building, representing an $8 million investment in Pasco County, is being built in Compark 75 — just off Wesley Chapel Boulevard.

The expansion was celebrated in an April 9 groundbreaking ceremony, with Jerry Flatt, CEO of The Soule Co., offering remarks about the company’s expansion. He also expressed appreciation for the role that the Pasco Economic Development Council Inc., the Pasco County Commission and Pasco County government have played in helping the company to thrive and grow.

Pasco County Commissioners Mike Moore and Kathryn Starkey joined representatives from the Pasco County Economic Development Council Inc., Pasco County government and The Soule Co., to celebrate the groundbreaking ceremony last month. A new 100,000-square-foot building is being constructed by The Soule Co. (Courtesy of Pasco Economic Development Council Inc.)

The company — which manufactures packaging materials and also medical foam cushioning — is located at 4322 Pet Lane, in Lutz. That facility will continue operations and will be joined by the new 100,000-square-foot building that is being constructed nearby.

The Soule Co., has two divisions: One fabricates packaging products made to customer specifications; the other fabricates disposable foam positioning products for the medical community.

The professional packaging division distributes a full line of packaging and shipping supplies, including corrugated boxes, poly bags, strapping, stretch films, and tapes, among others.

The medical division works closely with medical entities to design, develop, manufacture and distribute products that assist in patient care, recovery and healing.

The Pasco County Commission approved an economic incentive package worth $177,172 in August 2020, to support the company’s plans.

The incentive package includes $50,000 for creating 25 new jobs; a five-year reimbursement of tangible taxes, which totals $107,171; and, an employee training grant of $20,000 for Pasco-based employees.

The project is expected to generate $4.69 million annually in gross county product, county officials have estimated.

Flatt gave the crowd a brief overview of the company’s history, during the groundbreaking celebration that was recorded and can be viewed on the Pasco EDC’s Facebook Page.

This is what the new 100,000-square-foot building, now under construction by The Soule Co., will look like at completion. The company expects to add at least 25 new jobs.

When the company was established in 1957, it originally produced insulation and decorative foam, such as the type used by florists, the company executive said.

Shortly before 1980, Soule shifted to the packaging industry, he said.

“Then, in about 1986, we began our medical division, and right now, the packaging division and the medical division are working under the same roof, at the facility that’s right around the corner here on Pet Lane,” Flatt said.

He told those gathered at the ceremony: “It’s an exciting time for Soule company, with the expansion of our operation.”

The foam products produced by the company’s medical division is used to position patients and keep them safe during surgeries, he said.

“That part of our business is growing very rapidly,” he said, adding that’s because “we’re able to sell that product all over the country.”

He continued: “We typically have agreements with group purchasing organizations and under those organizations, they have a great number of hospitals. They do the purchasing and get the best deals for those hospitals.

“So that’s where the expansion is needed right now,” Flatt said.

The company has many agreements in place, but needs to hold back on them a little while, until it is able to take on the additional business.

Pasco County Commissioner Mike Moore said he’s pleased to see additional jobs being created in Pasco.

County leaders want to create employment opportunities locally, so workers won’t have to leave their communities to drive for work in Hillsborough or Pinellas counties, Moore said.

Mike Bishop, director of stakeholder engagement for Pasco EDC, said “the expansion work with the Soule company is one of the most important things that we do at the EDC.”

The economic development agency seeks to help companies get started, become established and expand, Bishop said.

Published May 05, 2021

Soule Company plans expansion

August 11, 2020 By B.C. Manion

An economic incentive from Pasco County is supporting the expansion of a manufacturing business in Compark 75, off Wesley Chapel Boulevard.

Soule Company plans to construct a 100,000-square-foot building on a 7.7-acre parcel, at  26543 Wild Fern Circle. The new facility represents an $8 million investment, according to Pasco County figures.

The structure will be built next to the company’s existing 62,000-square-foot building, in the industrial business park.

Soule Company, based in Compark 75, plans to add a new 100,000-square-foot building. (Courtesy of Pasco Economic Development Council Inc.)

Soule Company has two divisions: One fabricates packaging products made to customer specifications; the other fabricates disposable foam positioning products for the medical community.

The professional packaging division distributes a full line of packaging and shipping supplies, including corrugated boxes, poly bags, strapping, stretch films, tapes, among others.

The medical division works closely with medical entities to design, develop, manufacture, and distribute products that assist in patient care, recovery, and healing.

The Pasco County Commission approved an economic incentive package worth $177,172 at its Aug. 4, to support the company’s plans.

The new manufacturing building will generate 25 full-time jobs, according to David Engel, the county’s manager of the office of economic growth.

The incentive package includes $50,000 for creating the 25 new jobs; a five-year reimbursement of tangible taxes, which totals $107,171; and, an employee training grant of $20,000 for Pasco-based employees, Engel said.

“The project will generate $4.69 million annually in gross county product, so the return on investment is very substantial,” Engel said, in recommending approval of the agreement.

Jennie Sammurr, who oversees business retention and expansion for the Pasco EDC, told commissioners “the Soule Company is a perfect example of why we have the BRE (business retention and expansion) program and why we do what we do.

“The Soule Company was incorporated in the state of Florida in 1956. This company has been very resilient, has overcome many economic climates that have been challenging — and have continued to grow and expand. Our small businesses are the backbone of our economy, our local economy and they are the backbone of our business community.”

When the Pasco EDC staff met with Jerry Flatt, the company’s CEO, they learned that the company has been considering an expansion for several years, Sammurr said.

“Their company manufactures packaging and shipping supplies and now they’ve added a medical division that allows them to service many of our health care facilities in the area, but also in the Southeastern United States,” she said.

The company has been located in Pasco County since 2001.

Flatt addressed commissioners, via a remote video feed, during the board’s hybrid remote-live meeting.

He told board members: “We’ve grown to the point that we need to add an additional facility.

“We do a lot of packaging with different companies, different manufacturers, both in Pasco, Pinellas and Hillsborough county. We even sell some product on the East Coast of the state of Florida,” he said.

The company’s medical division has grown exponentially, Flatt said.

“We have new contracts with a number of groups purchasing organizations,” he said.

“We’re looking to increase our business. We supply patient-positioning products that are manufactured out of foam. These are used in surgery applications, for positioning the patient, and that part of our business is really growing.

“So, we decided to put up a new building, and we appreciate the help that you all are offering, to be able to accomplish that,” Flatt said.

“In putting up that building, our medical division will move out of our existing building, which will allow more growth for packaging and allow the growth we need on the medical side,” he said.

He expects the company to hire 10 new employees in the first year, and up to 25 within the third year of opening the facility.

Commission Chairman Mike Moore congratulated Flatt on the company’s success.

Commissioner Jack Mariano thanked the CEO for choosing to expand the company in Pasco.

“We’re delighted to have you,” Mariano said.

Published August 12, 2020

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