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Aviation infrastructure funding and opportunities in Panama City, Florida

Explore airport job growth grants and the new aircraft engine repair station

Panama City, Florida, is experiencing a significant boost in its aviation sector, thanks to substantial investments in infrastructure and job growth initiatives.

 

Governor Ron DeSantis recently announced over $13 million in funding through the Florida Job Growth Grant Fund, targeting key projects in the region.

 

A notable allocation of $5 million is designated for the construction of an aircraft engine repair station and testing facility at Northwest Florida Beaches International Airport.

 

This 160,000-square-foot facility is expected to create up to 400 new technician jobs in Bay County.

 

In addition to state funding, Triumph Gulf Coast has approved a $25 million grant to support the establishment of this Maintenance, Repair, and Overhaul (MRO) facility.

 

This project, known as "Project Spinner," involves a total capital investment of $107 million and is projected to bring 500 new aviation jobs to the area.

 

These developments underscore a concerted effort to enhance aviation infrastructure and stimulate economic growth in Panama City.

 

The combination of state grants and local investments is poised to transform the region into a hub for aircraft engine repair and maintenance, offering promising career opportunities for residents.

FICA Tip Credit Recovery for Employers

 

RECLAIM YOUR OVERPAID TAXES.

 

The FICA Tip Credit allows restaurant and hospitality owners to recover a portion of the Social Security and Medicare taxes paid on employee tips.

 

Perfect For:

Full-Service Restaurants, Cafes, Bars & Nightclubs, Hotels & Resorts, Catering Companies, Breweries & Wineries

 

Who Qualifies? Food & Beverage Services:

 

You have employees who customarily receive tips from customers.

 

You paid the employer portion of Social Security and Medicare taxes on those tips.

 

No upfront cost — We work on contingency, you only pay if you get money

 

Full audit protection — We handle all IRS correspondence and defense

 

Limited Time: Free FICA Audit (Normally $1,500) Go back 3 years

 

Annual recurring credit — Claim this benefit every year, ongoing

 

Average Annual Recovery: $27,000 per location

 

Speak with an Advisor for Potential Recovery.

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Panama City Spotlight

© 2026 Panama City Spotlight.

Panama City Spotlight is your friendly, go-to guide shining a light on life in Panama City, Florida. It’s a curated collection of local news, can't-miss events, hidden gems, and neighborly shoutouts that celebrate the heart of our coastal community. Find everything you need to know, from the latest happenings to the quiet spots only locals know, right here.

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