Military Parachute Manufacturer Expands in Escambia County
Paradigm Parachute & Defense, a disabled-veteran-owned small business, is expanding their manufacturing operations in Escambia County, according to the FloridaWest Economic Development Alliance.
The military parachute manufacturer received a grant through the Industry Resilience and Diversification Fund (IRDF) under a partnership between FloridaWest and the University of West Florida. The fund was established by the Florida Legislature, the Florida Department of Economic Opportunity and UWF to help Northwest Florida businesses grow, innovate and thrive.
Aaron Nazaruk, CEO of Paradigm, says the project is expected to create and sustain at least 28 new manufacturing and technical jobs over the next five years. Read more here.