ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
The way Jim Mulato tells it, it’s not necessarily that Irvine, California, was a bad place for his tech firm to grow.
Rather, the president of Astronics Test Systems said when leaders at the Astronics Corp. subsidiary surveyed the landscape, they saw they could capitalize on cost-of-doing-business and cost-of-living benefits in Orlando -- without significant talent trade-offs.
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So, on March 8, Astronics Test Systems announced it will relocate its headquarters from California to Orlando, bringing 60 new jobs to the area to add to its existing 125 employees already in the region.
It’s investing $13 million in the next 10 years into a new 70,000-square-foot built-to-suit facility in Central Florida Research Park near the University of Central Florida.
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Click here to read the full story on the Orlando Business Journal’s website.
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