July 18, 2023

Central Moloney, Inc. Selects Okaloosa County for Manufacturing Facility

Central Moloney announcement in Okaloosa County Florida

Central Moloney, Inc., (CMI) headquartered in Pine Bluff, Arkansas, announced the selection of Okaloosa County, Florida for a new, state-of-the-art manufacturing facility that will specialize in producing pad-mounted electrical transformers.

The 302,000 SF facility will be developed on a 48 acre parcel currently owned by Okaloosa County in the 10,500 acre Shoal River Ranch Gigasite.  The total cost of constructing and equipping the new advanced manufacturing facility is projected to be approximately $50 million, and 350 higher-wage jobs are expected to be created as the company scales up to full production.