Source: ORLANDO BUSINESS JOURNAL

SMRxT: Why this medical tech firm hasn't created the jobs it promised yet

Orlando city commissioners will vote Sept. 21 on whether or not to revise an agreement with a pharmaceutical tech firm to create dozens of jobs. SMRxT Inc., a company that was based in New York but has since relocated to Winter Park, was approved by Florida to receive an incentive package of $330,000, with Orlando chipping in $66,000, if it creates 55 jobs within three years. SMRxT wants the time extended to four years. However, by doing so, the company will incur a 5 percent penalty for using the...

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Est. Annual Revenue
$100K-5.0M
Est. Employees
25-100
Michael J. Huffer's photo - President & CEO of SMRxT

President & CEO

Michael J. Huffer

CEO Approval Rating

84/100

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