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PRESS RELEASES

April 10, 2008
Contact: Lou Giokas
(813) 876-2424

Governor Crist Applauds PegasusTSI’s Growth In Tampa, Florida

TAMPA, FLORIDA - Governor Charlie Crist today acknowledged the continued growth of PegasusTSI, Inc., by granting approval of its participation in the Qualified Target Industry (QTI) program offered by the State of Florida. "I salute the efforts of PegasusTSI's expansion in the Tampa Bay area. We value the wide array of services that they bring to the sunshine state." Headquartered in Tampa, Florida, PegasusTSI is an international and domestic Engineering, Procurement and Construction Management services firm specializing in a variety of heavy industrial sectors including the oil refining, petrochemicals, fertilizers, specialty chemicals, polymers, consumer products and manufacturing industries. Buoyed by the continued growth of domestic and international industrial construction, PegasusTSI continues to expand its local presence by adding new, highly paid jobs to the Tampa Bay area, while also training young local talent in acquiring the engineering and design skills needed to meet this industry’s challenges using state of the art computer design tools.


PegasusTSI, originally founded in 1998, provides highly specialized engineering design work to the chemical and process industry, including process, mechanical, civil, structural, instrumentation and controls, electrical and environmental engineering services. In addition to its Tampa location, PegasusTSI has offices located in Birmingham, AL; Mobile, AL; Philadelphia PA; Savannah GA; as well as London, UK; Kuala Lumpur, Malaysia, Abu Dhabi, UAE and Al Khobar; Saudi Arabia with over 380 employees worldwide and approximately 265 employees at its Tampa office. A part of PegasusTSI’s QTI participation, it anticipates the addition of at least 28 new engineering positions over the next several years.


PegasusTSI finds itself in a unique position, located in an area of the country with few if any similar businesses. Most of PegasusTSI’s direct competitiors are located in Houston, the Atlantic seaboard and in various capital cities abroad. This relative remoteness from its market makes attaining both employees and business clients more challenging. But upon visiting the PegasusTSI headquarters and after experiencing life in the State of Florida, most potential employees are willing to relocate here to realize an improved quality of life. PegasusTSI’s clients from near and far look forward to their business trips here and the possibility of enjoying the attractions Florida has to offer. With its offices conveniently located adjacent to Tampa International Airport, senior industry Executives from Saudi Arabia, UAE, Malaysia, India and other international locations routinely attend business meetings in Tampa while their staff undertakes business assignments to oversee current projects.


With staffing increases approaching 100% over the last two years, PegasusTSI owes part of its success to the explosive growth of worldwide fertilizer production. PegasusTSI has considerable expertise in this field as a result of its location, its employee’s affiliation with the local fertilizer industry and the recognition of central Florida by most global producers as the phosphate fertilizer capital of the world.


Working closely with the Governor’s Office of Tourism, Trade, and Economic Development, Enterprise Florida and the Tampa Committee of 100, PegasusTSI attained its registration as a QTI business which will assist it in its ability to attract new jobs to the State of Florida and train local staff to meet the growing needs of its business.
 

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