Madico, a manufacturer of materials-based solutions, opened a new 25,000-square-foot manufacturing facility, located in Tampa Bay, Florida.
Madico employs more than 200 people, with 75 new employees hired in 2019 as part of its growth initiatives. In 2017, Madico purchased the manufacturing facility in Pinellas Park, Florida, which is significantly larger than the combined former locations in St. Petersburg, Florida, and Woburn, Massachusetts. Including the acquisition of the building, Madico has invested more than $40 million into the Florida site, say company officials.