For the Greater Fort Lauderdale Alliance, the economic development arm of Broward County, the 2025-2026 fiscal year was boom time filled with the arrivals of relocating companies and the expansion of others, the agency announced at its annual meeting late Wednesday.

Altogether, the activity generated more than $318.5 million in new capital investment from the companies that generated 1,116 new jobs in the fields of aviation maintenance, repair, and overhaul; medical and pharmaceutical manufacturing and research; global logistics; and technology, the organization said in a news release.

The Alliance also noted it secured a $125,000 grant from the state of Florida to support the Broward Maritime Defense Readiness and Diversification Initiative. The program is designed to “help the county’s incumbent maritime firms enter the defense market by building, supplying, and supporting unmanned and autonomous vessels for the U.S. Navy and other defense and homeland-security customers.”

“Business is booming in Greater Fort Lauderdale,” Alliance President and CEO Bob Swindell said ahead of the meeting at the Broward County Convention Center that drew 600 public and private-sector guests.

On Tuesday, Swindell, 65, announced he is retiring next year after more than two decades at the agency’s helm. A national search for a replacement is pending.

“This fiscal year represents one of the strongest in Alliance history, featuring an incredibly robust lineup of leading-edge company expansions across key industries,” he said. “This continued growth and momentum is a testament to the strength of our market and the ongoing collaborations with Broward County, our members, partners and broader business community.”

The following excerpts from the Alliance statement described the projects that emerged during the year:

Audax Labs Corp USA: The technology solutions and consulting company specializing in AI, data analytics, machine learning, cloud technologies and intelligent automation has invested $300,000 in a new 34,000-square-foot office and research and development facility in Sunrise, creating 25 new jobs.
Buddy of Parents: The Singapore-based technology developer of an age-tech senior safety system to help older adults age safely and independently at home will open a 200-square-foot office at the Alan B. Levan | NSU Broward Center of Innovation in Davie.
CTS Engines: The global leader in mature aviation engine maintenance is investing an additional $4.5 million to expand its newly opened state-of-the-art $15 million, 216,000- square-foot maintenance, repair and overhaul (MRO) “Engine Hub” and global headquarters in Coral Springs, which launched last September. The expansion will add 100 high-skill jobs.
GXO Logistics, Inc.: A New York Stock Exchange-traded company that is the world’s largest pure-play contract logistics provider is expanding with a new 35,000-square-foot regional office in Fort Lauderdale next year. The company is the first tenant for the state-of-the-art T3 office building in the city’s redeveloped FAT Village neighborhood. The regional office will create approximately 150 new jobs as GXO seeks to grow in the Americas and Asia Pacific.
Lupin Pharmaceuticals: The global pharmaceutical leader is expanding in Coral Springs with a manufacturing plant that will anchor its U.S. production of critical respiratory therapies and generate more than 200 long-term skilled local jobs by 2030. With a projected cumulative investment of $250 million, including research and development, infrastructure, and capital expenditures over a five-year period, Lupin’s new 70,000-square-foot facility will have the capacity to produce more than 25 critical respiratory medicines.
MD3, LLC: A medical device developer and manufacturer of orthopedic surgical products and related technologies, MD3 recently relocated from Coral Springs to a new 5,000-square-foot research and development office and manufacturing facility in Sunrise with a $500,000 capital investment.
MediPath Pathology Services:  The certified and accredited pathology laboratory is expanding to a new 26,000-square-foot, $10 million facility in Miramar, where it will establish a genetics testing department. The expansion will more than quadruple its space and add 150 jobs.
NDT-Solutions, Inc.: A leading provider of advanced nondestructive testing (NDT) services for the aerospace, industrial and marine sectors, the company is expanding to a 33,000-square-foot facility in Sunrise, nearly quadrupling the size of its operations and creating up to 20 new local jobs.
Ontic: A leading global manufacturer of aviation and aerospace parts, Ontic announced a second expansion in Broward following the launch of its first MRO Center of Excellence last November in Miramar. The company is making a significant capital investment in a new 134,000-square-foot state-of-the-art facility in nearby Weston, which will see the addition of 300 jobs over five years.
PRIMEPULSE Capital, LLC: A major German tech-focused family equity investment firm, PRIMEPULSE launched its first U.S. location in Fort Lauderdale with a $50,000 capital investment, bolstering investment opportunities in the region’s innovation hub and strengthening U.S.-European economic ties. Its portfolio includes cognitive robotics, AI, cloud computing, and emerging innovation. Its office will serve as the company’s strategic U.S. headquarters for sourcing investment opportunities, supporting portfolio companies, and building partnerships.
Princess Cruises: The cruise line launched a concierge customer service and sales office in Miramar. The 22,000-square-foot office, expected to open this fall, will serve as a central operation for the company’s concierge customer service and outbound sales teams, creating 175 new jobs by the end of 2027. The company chose Miramar over Scottsdale, AZ.
Posh Tech: A leader in fashionable and affordable wearable tech and accessories, Posh Tech expanded with a 7,000-square-foot warehouse space in Davie, creating four jobs.

Pending projects

Companies not ready to go public are working with county officials and others to make moves into the county. Dubbed by temporary code names, they include:

Project Axis: A global medical device company from Pennsylvania, which designs and manufactures joint replacement implants, has made a $2.2 million capital investment in a new 11,200-square-foot regional headquarters and training center in Fort Lauderdale, which will create 35 high-skill jobs. County commissioners approved more than $36,000 in job creation incentives that would run from Fiscal Year 2026 through 2031, according to public records.
Project C2: An independent provider of critical, high-value aviation parts that helps to diversify the global supply chain is relocating its headquarters to a new 3,000-square-foot space in Fort Lauderdale, creating 12 local jobs.