Rising labor and construction costs were cited as factors in scuttling the deal that would have created up to 115 jobs.
The manufacturer is expanding capacity at its Knights Station Road plant and adding a new facility on Drane Field Road.
The Spanish company Frinsa is investing $21 million and plans to hire up to 115 people.
Katie Worthington Decker has been hired by the Lakeland Economic Development Council as its senior vice president, second in command to long-time President Steve Scruggs.
Less than two years old, the Catapult program to develop Lakeland’s next generation of entrepreneurs has shown so much promise that community leaders have pledged $13 million to more than triple its size by moving it into the now-vacant Cash Feed building on Lake Mirror.