October 2014 Bureau of Labor Statistics Employment Report
Nonfarm payroll employment increased by 214,000 in October, and the unemployment rate edged down to 5.8 percent. Employment rose in food services and drinking places, retail trade, and health care. Incorporating revisions for August and September, which increased total nonfarm payroll employment by 31,000, monthly job increases have averaged 224,000 over the past 3 months. In the 12 months prior to October, employment growth averaged 222,000 per month.
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Mary Jane Stanley Receives Special Economic Development Designation
Mary Jane Stanley, CEcD, EM, President & CEO of Stanly Advisory Associates, LLC, was awarded with Fellow Member status by the International Economic Development Council (IEDC) for attaining unusual stature in the field of economic development and closely related disciplines. "The term 'unusual stature' characterizes a member's substantial contributions to the profession through service to IEDC and/or academic ventures directly related to the practice of economic development," said William C. Sproull, IEDC chair. "Ms. Stanley serves as a premier example of one who has made just such contributions and we are proud to have bestowed Fellow Member status upon her."
Mary Jane Stanley is President of Stanley Advisory Associates, a Tampa firm specializing in economic development and downtown development. She has assisted over 13 Florida communities with their economic development programs. Mary Jane is currently under contract to the Florida Institute of Government at the University of South Florida and also works with Impact DataSource, an Austin based economic and fiscal impact analyses consulting firm. She has over 25 years of public and private sector experience. A Certified Economic Developer since 1992, Mary Jane has published numerous articles on economic development and the certification process. She is a frequent speaker at IEDC conferences; actively involved as a grader; served on IEDC’s Education and Certification Committee since 2002; served as Vice Chair in 2011; and headed the CEcD Survey Task Force in 2014. She also serves on Tampa’s BEDC advisory committee and has been a presenter since 2005. Mary Jane served on two IEDC Economic Recovery panels in New Orleans following the BP Oil Spill in 2010.
Mary Jane is a Past Chairman of the Florida Economic Development Council. In 2008, she was honored as the Eunice Sullivan Economic Development Professional of the Year in Florida. Mary Jane has been committed to advancing the economic development profession in Florida and nationally for over 25 years by encouraging and mentoring professionals to obtain the CEcD designation.
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Jacksonville Seeing Boom In Defense Business
Economic opportunities for military contractors and defense-related businesses in Florida are booming, according to experts attending Thursday’s First Coast Defense Expo. "The quality of educated labor is second to none," said Aaron Bowman of JaxUSA, which is attracing manufacturers like GE Oil & Gas to the area."GE had the choice to go to anywhere in the world, they chose Jacksonville," he said.
Bruce Grant, with the Florida Defense Support Task Force, said that the region is showing growth in military affairs as well. He cited the arrival of the Amphibious Readiness Group and the upcoming delivery of littoral combat ships. Christine McGlade, vice President and manufacturing operations site manager for Northrop Grumman in St. Augustine, said Florida is appealing not only for the potential workforce, but because of the quality of life it brings their current workforce. "Florida is a great place to do business," she said. "And a great place to live."
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AxoGen Graduates from Sid Martin BioTech Incubator
Axogen, winner of the National Business Incubator’s Association’s 2014 Outstanding Incubator Client Award has graduated from the Sid Martin BioTech Incubator. Said Karen Zaderej, President and CEO of AxoGen: "Today we had a major event in our Axogen history…we graduated from the Biotech Development Incubator (BDI). The BDI has been our home in one form or another since 2006. When we got our first funding, we needed to start our development work on the Avance Nerve Graft quickly. The BDI reached out a helping hand and allowed us to lease lab space and get started. In fact, we were in the lab and processing tissue in 30 days…lightning speed! When we developed our first product and we needed a space for distribution, the BDI cleared out a room and convinced the UF facilities people to create the special conditions we needed for a room filled with freezers and medical products. There have been countless times that the staff at the BDI have helped us and they have always been with us as cheerleaders for the successes of AxoGen. Let me just take this moment to thank the BDI team and all of our AxoGen associates. We have come a long way and have done great things – thank you."
Business Development Board Of Martin County Announces Winners Of Business Appreciation Awards
The Business Development Board of Martin County (BDBMC) hosted its annual Business Appreciation Luncheon with Senator Joe Negron as the guest speaker. The event drew close to 250 members of Martin County's business community to the Hutchinson Island Marriott. The BDBMC recognized the many contributions of local, existing companies from within many business sectors. These companies provide quality jobs; help expand the local tax base and due to the contributory nature of their businesses, help drive positive economic activity in virtually all sectors of our local economy. Winners include Business of Character Award: Martin Health System and Charlene Hoag Award: Donna Carman.
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AGTC Named BioFlorida Company of the Year
Applied Genetic Technologies Corporation (Nasdaq:AGTC), a clinical stage biotechnology company developing adeno-associated virus (AAV)-based gene therapies for the treatment of rare eye diseases, announced BioFlorida has awarded it the 2014 David J. Gury Company of the Year Award. "AGTC is honored to receive this recognition and we extend our thanks to the entire BioFlorida Board of Directors," said Sue Washer, AGTC President and CEO. "We would also like to recognize the significant contributions BioFlorida has made to uniting the biotech community across the state. Florida has a rich history of innovation and significant potential to become a major hub for the life sciences industry."
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Secret ‘Project Orange’ is Hertz subsidiary
"Project Orange," the anonymous company that had been negotiating with Lee County for jobs stimulus money, turns out to have a familiar name: it’s a division of Hertz. "Hertz Equipment Rental (HERC) is 'Project Orange '" said Rich Boome, Hertz Global executive vice president for corporate affairs on Wednesday. Hertz on Tuesday signed a 10-year lease for 55,220 square feet in the old Source Interlink building at Riverview Corporate Center on U.S. 41 in Bonita Springs.
Broome said discussions with county and state economic development officials were going smoothly, but Hertz suspended the talks because of its ongoing financial review and a new interim CEO. "Now is not the right time to make any decision about the HERC headquarters," he said, referring to Hertz Equipment by its future stock market ticker symbol when it becomes an independent company. It’s possible those discussions could resume as Hertz continues to increase its presence here, Broome said. "We will continue to work with both companies to help them fill positions and otherwise facilitate their growth in Southwest Florida, " said Glen Salyer, county director of economic development and assistant to the county manager, in an email Wednesday. "This is particularly exciting because we expect these HERC-related jobs will be in addition to the jobs for which Lee County is giving Hertz incentive funds."
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Florida Trend Business Florida 2015 Series – North Central Florida Report
Florida Trend has relased an informative Florida Business 2015 report about North Central Florida that highlights demographic trends, quality-of-life information and a snapshot of economic activity in target industries that include Life Sciences, R&D, Logistics and Manufacturing.
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