TBC Corp. purchased approximately 38,000 square feet of office space in the former Iberia Bank building in the heart of Palm Beach Gardens. This expansion will result in the creation of 175 jobs. The deal was brokered by Cushman & Wakefield of Florida Inc.
“This is our second Palm Beach Gardens expansion in the past three years,” says Erik Olsen, chief operating officer of TBC. “Not only does this growth allow us to serve our customers efficiently and effectively, it opens career opportunities in both the wholesale and retail tire and automotive services industry.”
TBC has more than 500 associates at its Juno Beach and Palm Beach Gardens offices.
“Palm Beach County continues to charge ahead in relocating and expanding corporate headquarters," says Kelly Smallridge, CEO and president of the Business Development Board. "This will have a significant positive impact on our local economy.”
Olsen gave credit to Enterprise Florida Inc., the Business Development Board of Palm Beach County and Governor Rick Scott’s office for their support.
"TBC is committed to Palm Beach County and the communities we serve," he says. "We look forward to our continued growth.”
Palm Beach Gardens Mayor David Levy says the city’s "Incentive Program," utilized by TBC in its expansion, is a significant part of its Economic Development Policy.
"The program is a critical tool used in attracting, retaining, and expanding value-added employment opportunities for the City of Palm Beach Gardens," he says. "In this instance, we were able to bring 175 new positions into our community, as well as retain 120 others."
