Florida's Global City
As early as 1925, City Founder George Merrick predicted Coral Gables would serve as a gateway to Latin America. The City's multinational business community is made up of a wide array of corporations with such interests as oil production, health care, biomedical research, international finance, import and export, transportation, telecommunications, manufacturing, travel and tourism, publishing, news information services, and construction/real estate. Currently, Coral Gables is Latin American or regional headquarters to more than 175 multinationals, which represent more than 6,000 employees with a projected multiplier of 3.5. Although most of these multinational companies move to Coral Gables to service Latin America, many of the offices have expanded their reach to include other parts of the globe due to the area’s reliable telecommunications, multilingual /multicultural professional staff, and ease of international travel.