FLA meaning in Business ?

What is Florida East Coast Industries mean?

Florida East Coast Industries (FECI) is Florida's oldest and largest commercial real estate, transportation, and infrastructure holding company. Based in Coral Gables, FECI is the direct lineal descendant of the various companies founded by pioneering American businessman Henry M. Flagler. FECI today is the parent company of three distinct businesses:

All Aboard Florida, the operator of the Brightline intercity passenger rail line with stops in Miami, Fort Lauderdale, and West Palm Beach, as well as a planned extension to Orlando. In addition, the project calls for developing more than 2 million square feet of multi-use real estate space around the stationsFlagler Global Logistics, an integrated logistics company that provides multimodal shipping, warehousing and supply chain services; andFlagler, a full-service commercial real estate company.

FECI was purchased in 2007 by equity funds managed by Fortress Investment Group, LLC. Although Florida East Coast Railway at one time fell under the FECI umbrella, it is now a completely separate corporate entity owned by Grupo México's GMexico Transportes SAB de CV since 2017.

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