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VetFed Resources, Inc. to Bring Jobs to Escambia County   

by FloridaWest News




Veteran-Owned Business Serves those that Serve

Today the FloridaWest Economic Development Alliance announced that VetFed Resources, Inc. will open a new location in Pensacola, creating twenty new jobs. The 20 new jobs and 2 retained jobs, with above average wages, and the $95,000 initial capital investment put into this existing office property will have positive impact on our economy.

“We are very honored that VedFed has chosen Pensacola to open their new facility,” said Scott Luth, FloridaWest CEO. “It is proof of the partnerships between FloridaWest, Escambia County, the City of Pensacola and the State of Florida supporting a positive business climate to attract and grow business, especially those that serve our great military community. “

VetFed Resources Incorporated (VetFed)’s Pensacola, Florida, program management office, located in downtown Pensacola, will be responsible for the day to day operations in support of a federal contract with the Department of Veterans Affairs (VA) for medical disability examinations.

“VetFed is proud to have been awarded the Medical Disability Exam contract,” said VetFed CEO Al Giambone, “We are committed to helping the Department of Veterans Affairs fulfill its mission to expedite veteran disability claims and improve the disability examination experience.  Along with its partner, VetFed plays a key role in providing our nation’s veterans the efficient, high quality disability evaluation process they deserve.”

“We are very excited to welcome a business that is both veteran owned and aimed at assisting veterans” said Wendell Smith, President of the FloridaWest Board of Directors, “FloridaWest looks forward to working with the company and assisting in their future growth.”

According to a University of West Florida Haas Center evaluation, the project is projected to generate an additional $11 – 14 k in local taxes and will add $1.2 million to Escambia’s Gross Domestic Product (GDP.)