Kissimmee, Fla. – Photon-X, an imaging technology company developing 3-D sensors, was recently highlighted in Kissimmee for its job growth. The company will create 110 new jobs and make a $1.8 million capital investment to the Orlando region.
The company currently houses 30 employees, with 25 hired in the last year. Photon-X staff consists of technologists and engineers providing technical expertise in a variety of areas including optics, imaging, sensors, photonics, physics and computer science.
While the company is looking to double its high-tech and high wage positions immediately, Photon-X also plans to hire an additional 10 employees before the end of the year. All of the open jobs are engineering positions with 75 percent of them carrying an average annual salary of $100,000.
The Orlando Economic Development Commission joined Governor Rick Scott in congratulating Photon-X while also highlighting the Orlando region’s overall economic and labor force growth in recent years.
Of the 22 metros in Florida, Orlando reported the largest over-the-year gains in May with the addition of 44,000 jobs. The Orlando region’s year-over-year job growth has exceeded the nation’s rate for 43 consecutive months.
Governor Rick Scott said, “We are excited to announce May was another strong month for job creation in Florida, with over 16,000 new private-sector jobs created. Since December 2010, Florida businesses have created over 879,000 jobs, which means more families are able to live their dreams right here in Florida.”
Orlando’s unemployment rate has been below the national rate since early 2013. In purely employment terms, Orlando’s job market has fully recovered and in early 2014 the region became the first major MSA in the state to regain all jobs lost during the recession.