State officials have approved up to $15 million in incentives in an effort to persuade T. Rowe Price to move to Land O' Lakes. If the financal services giant takes the state up on their offer they would eventually move 1,560 full-time jobs to the 95-acre site just east of the Suncoast Parkway by 2012.
Currently, T. Rowe Price has 425 employees working out of leased facilities in Tampa. T. Rowe Price is looking to move to a new location when its lease on the Tampa location expires.
T. Rowe Price has not yet made a final decision on where it will locate but the Land O' Lakes location is one of five they are considering. The other locations are in Houston, Omaha, St. Louis and Tulsa.
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