The Pelliconi Group, which makes bottle caps, crowns andclosures for the bottling industry all over the world, will makecaps at the Orlando facility for various Nestle Waters brands,including Zephyr Hills and Deer Park, says Robert Blackwell,principal with Orlando-based NAI Realvest, who representedPelliconi in the deal.

Although Tim Perry, senior leasing and developmentrepresentative for Duke Realty in Orlando, declined to say whatrental rate Pelliconi is paying, he says that rents, in general, inthe Orlando industrial market have dropped 25% to 30% since2007.

In its new facility, Pelliconi, which is in the process ofmoving in, will hire 24 people. Because the company is amanufacturer, and manufacturing is considered a qualified targetedindustry, it is eligible for government incentives, in this casefrom Orange County, say Irma Stenman, director for internationalbusiness at the Metro Orlando Economic Development Commission.