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Martin County Economic News and Stories


Daher Completes Acquisition of

Triumph Stuart Facility


"Day 1" Celebrated on July 6 with 400 Associates and Community Leaders


The family-owned French aircraft manufacturer Daher, which manufactures the TBM 960 and Kodiak 100 turboprops, has completed the purchase of Triumph Group's Stuart-based aero structures business.
In addition to being the oldest existing aircraft manufacturer in the world, Daher though this acquisition, is becoming a direct supplier to major aircraft manufacturers like Boeing and Gulfstream Aerospace.
"The aerospace cluster here in Stuart was key and becoming integrated in the community is our commitment,” Dider Kayat, CEO of Daher, told WPTV. “When we acquired pioneering plane maker Morane-Saulnier in 1911, becoming an airplane manufacturer, we were only 400. Today, we are 10,000, so growth is in our DNA.
Through the inclusion of Stuart's production facility, North American has now become Daher's second largest region after its home country, France with all three of its business activities:  aircraft manufacturing; the production of aerospace equipment and systems; and a provider of logistics and supply chain services present in Florida, Idaho, Canada and Mexico.

Martin County

Marine Hub Expansions


It’s a Literal All-Hands-on-Deck Situation


As Willis Custom Yachts plans to add 90,000 square feet of new manufacturing space (and an additional 45,000 square feet for marine services) to increase production of its signature vessels by four to five times the current output, the company is teaming with the Martin County School District and Indian River State College to develop marine apprentices.
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Martin County Experiences Largest Tax Roll Growth in Decades

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Don't Forget to Renew your Business Tax Receipt Before September 30th 2022!

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Indiantown Buzz

State of Florida Appropriates $18 Million for Indiantown Utility Improvements Village Continues to Move Forward with Infrastructure Improvements
The Village of Indiantown public infrastructure improvement programs will receive a $18 million boost when Florida Governor Ron DeSantis signed the House appropriations HB 5001 into law. The bill appropriates much-needed funds to improve and upgrade the obsolete and failing wastewater facility.
Press Release
Sponsorship Info
New Indiantown High School Site Breaks Ground Classes Start
August 10 at Temporary Location
Operated by Indian River State College (IRSC) in partnership with the Martin County School District, a new school is opening in Indiantown.
Indiantown High School will open its doors on August 10, 2022, for incoming Grade 9 students, offering programs that meet Florida's public high school graduation requirements, career and technical certifications, and college-level dual enrollment opportunities.
Info and Enroll
Florida SBDC IRSC Professor Wins Statewide Award


The Florida Small Business Development Center (SBDC) at Indian River State College (IRSC) announced the nomination of Dr. Herb Ricardo of the IRSC School of Business for the Florida SBDC Network Volunteer of the Year award. 
Press Release
Bank of America Awards Project Lift $45,000 to Support Teen Workforce Readiness Programs - Grant to focus on investing in workforce development and behavioral counseling for teens in Martin County.
Press Release

Why Martin County is Good for Business!


Patrick Gleason, Co-Owner of State Insurance Agency Inc. and Secretary of the Business Development Board, describes what living and operating his business in Martin County, along with serving on the BDB, means for him and why Now’s the Time for you!

Click Here to Listen...

BDB Hosts

Commercial Real Estate Roundtable

Special thanks to Martin County Assistant County Administrator George Stokus; Commissioner Troy McDonald, City of Stuart; Andy Spears, RE/Max Stuart and the Martin County REALTORS of the Treasure Coast for joining the BDB in briefing area commercial real estate brokers and banking-finance leaders on Martin County's next steps to accelerate efforts to attract/grow good jobs and increase business capital investment.   We gained a great deal of insights and connections and look forward to the next BDB CRE Roundtable in January 2023.   


2022 Martin County Business Awards

Friday, December 9, 2022 - 11:30 am - 1:30 pm

Thank You BDB Investors

The Business Development Board of Martin County (BDB) is the official public-private partnership for economic development with a mission of championing and strengthening Martin County’s economy. The BDB helps business owners, entrepreneurs and executives to start, grow, invest and relocate to Martin County, Florida. With a strong collaborative spirit, the BDB alongside the area's chambers of commerce, employers, education, industry, non-profit and talent-workforce leaders, is helping to make Martin County better for business.
To learn why Now’s the Time to expand, invest and prosper in Martin County, Florida, visit or call 772.221.1380.
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