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Florida: News


Publix Super Markets is reaffirming its commitment to the state of Florida by investing nearly $190 million and creating jobs for 150+ workers as it builds a new Orlando distribution center. (Read more)

Category:Logistics -- posted at: 3:32 PM

With $64.8 billion in origin exports last year - 17 percent higher than 2010's total - Florida continues its reign as the nation's fourth largest export state. (Read more)

Category:Business-Friendly Climate -- posted at: 3:29 PM

Florida retains 4th place rank among exporting states

Contact: Stuart W. Doyle
(407) 956-5689
sdoyle@eflorida.com

  

Florida retains 4th place rank among exporting states

 

ORLANDO, FL (February 27, 2012) -- With $64.8 billion in origin exports last year – 17 percent higher than 2010’s total -- Florida has held its position as the nation’s fourth largest export state.  

 

Florida has been among the top five exporting states since 2008.   

 

 “This ranking confirms that Florida is a great place to do business on a global scale,” said Governor Rick Scott.  “My team works every day to make Florida the No. 1 business state and a highly valued trade partner with countries around the world, especially those in Central and South America.”

 

Florida Secretary of Commerce Gray Swoope attributes the ranking to the continuing strength of Florida’s export sector.  “It supports hundreds of thousands of jobs and is a primary economic driver in the state,” said Swoope, who’s also the president & CEO of Enterprise Florida, the state’s chief economic development organization.  “Enterprise Florida will continue expanding Florida exports by building more awareness of the benefits among smaller and mid-sized businesses and facilitating the process for them,” Swoope explained.

 

From 2010 to 2011, Florida’s new exports amounted to nearly $9.4 billion, representing a growth rate that exceeded the nation’s 15.8 percent increase during the same time frame.  Even more, Florida’s total exports for ‘10-11 ($64.8 billion), surpassed its peak year, 2008 ($54.2 billion).  And with an additional $34.5 billion in exports of services, Florida companies exported nearly $100 billion in goods and services in 2011.

 

The National Association of Manufacturers reports that Florida ranks second in the U.S. for export-intensity – meaning the state has the second highest level of exports as a share of total manufactured goods.  

 

“These factors as well as our success in helping more companies understand the value of and engage in international trade positions Florida to more than double its exports by 2014 from 2009 levels,” said Manny Mencía, senior vice president of Enterprise Florida’s international business division.

 

Eighty-five percent of Florida’s exports are manufactured goods.  To promote growth in this industry, Florida’s sales tax statutes already provide a number of exemptions for the purchase of machinery and equipment, including an exemption for new businesses.  During the

2012 legislative session, Governor Scott has proposed additional tax relief for existing manufacturers, encouraging further investment and growth in Florida’s manufacturing industry.

 

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Enterprise Florida, Inc. (www.eflorida.com) is a partnership between Florida's business and government leaders and is the principal economic development organization for the state of Florida.  Headquartered in Orlando, Enterprise Florida’s mission is to facilitate job growth for Florida’s businesses and citizens leading to a vibrant statewide economy.  In pursuit of its mission, Enterprise Florida works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.

 

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Category:Press Release -- posted at: 5:00 AM

Florida home to two of the top 10 moving locations, according "Move Ahead" and Penske Truck Rental. (Read more)

Category:Quality of Life -- posted at: 5:40 PM

Protocol Global Solutions is creating 400 Florida jobs that will offer a "complete employment benefit package" including health care, vision, dental, life insurance and a 401(k) retirement fund. (Read more)

Category:Financial Professional Services -- posted at: 2:58 PM

According to preliminary estimates, an estimated 85.9 million visitors came to Florida in 2011, an increase of 4.4 percent over 2010. (Read more)

Category:Quality of Life -- posted at: 1:53 PM

A new study showing that there are now roughly 466,000 jobs in the "App Economy" in the United States ranks Florida among the top 10. (Read more)

Category:Information Technology: Industry News -- posted at: 6:54 PM

Florida's public high school students took more Advanced Placement classes than ever in 2011 and also aced more of the AP exams, meaning more students who graduated were likely ready for college. (Read more)

Category:Florida Talent -- posted at: 1:55 PM

(LAKE MARY, FL) February 13, 2012 - Today, Governor Rick Scott announced that Verizon Communications, a Fortune 100 company, will establish a finance and accounting “Center of Excellence” in Lake Mary. This new facility will initially create 300 jobs by the fourth quarter of 2014, with a total of 750 new jobs by 2016. In addition, it will bring a $50 million capital investment to the Orlando area.

Governor Scott said, “Verizon’s choice to locate their Center of Excellence in Lake Mary is great news for Florida families. With the second largest drop in unemployment rate in the country, this addition of 750 new jobs with Verizon is more proof we have made the right choices over the pst two years to keep our economy growing.”

Michelle Robinson, vice president, south area, shed light on the reason Florida was chosen for this project

“We have received a warm welcome from the state and local economic development partners, who aided in our decision process to locate in Metro Orlando,” said Robinson. “The region’s talent pipeline, which is full of finance and accounting graduates, was an integral factor in Verizon choosing to invest in Central Florida.”

This new location will centralize Verizon’s accounting, finance, and back office operations. Integrating these departments into one location will help Verizon improve processes, enhance service to internal and external customers, and improve career and networking opportunities for employees.

Organizations that partnered to support the Verizon project include City of Lake Mary, Enterprise Florida Inc., Metro Orlando Economic Development Commission and Seminole County. Workforce Florida Inc. and the local universities and colleges also provided assistance as well.

Seminole County Commission Chairman Bob Dallari said, “Our financial service sector is growing and with great locations, talent and livability. I know more companies will continue to join Verizon in Seminole County.”

Lake Mary Mayor David Mealor added, “Lake Mary is very pleased to have Verizon join our business community. Their decision to locate such a large back office facility in our city is an honor and we welcome the jobs coming with it with open arms.”

Rick Weddle, president and CEO of the Metro Orlando EDC, pointed out that “Metro Orlando has been seeing strong growth in the shared services sector and we are pleased to have an industry leader such as Verizon join our region.”

Attending the event with Governor Rick Scott was Secretary of Commerce and president & CEO of Enterprise Florida, Gray Swoope.

“It’s a proud day for Florida when we can announce 750 new jobs,” said Swoope. “This is a success story not only for that reason but also because it proves the hard work and accomplishments of Enterprise Florida and its partners are growing and diversifying our economy.”

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Category:Press Release -- posted at: 2:00 PM

Major economic entities signed a joint memorandum of intent (MOI) at the Tampa Port Authority's headquarters today to try to stimulate economic growth and global trade by way of collaborative international initiatives and investments. (Read more)

Category:Logistics -- posted at: 9:16 PM

‎The Princeton Review has honored five Florida schools by adding them to an elite group of America's Best Value Colleges, including two of the top 10: New College of Florida (3rd) and University of Florida (7th). (Read more)

Category:Progressive Education -- posted at: 7:56 PM

Enzymedica Inc., a life sciences company and industry leader of therapeutic enzyme supplements, has renovated its new, larger location in Sarasota County to expand its laboratory and production facilities and add 72 employees. (Read more)

Category:Life Sciences: Company News -- posted at: 4:14 PM

The University of Florida has been selected to become a Regional University Transportation Center and was awarded $3.5 million for transportation research. (Read more)

Category:Logistics -- posted at: 3:44 PM

The American Association of Colleges for Teacher Education selected UCF's College of Education's TLE TechLivE Lab for its 2012 Best Practices Award, which recognizes the innovative use of technology. (Read more)

Category:Progressive Education -- posted at: 3:39 PM

Moffitt, Sanford-Burnham and Florida Hospital join to create the Personalized Medicine Partnership of Florida. (Read more)

Category:Life Sciences: Company News -- posted at: 3:31 PM

The South Runway Expansion Project at Fort Lauderdale-Hollywood International Airport is expected to be one of the most significant construction projects in the state of Florida during the next several years and is expected to generate more than 11,000 temporary jobs over the life of the project. (Read more)

Category:Aerospace Aviation: Company News -- posted at: 8:11 PM

By 2017, the College of Medicine and UCF's medical city partners at Lake Nona are projected to create 30,000 jobs and more than $7.6 billion in annual economic impact. (Read more)

Category:Life Sciences: Company News -- posted at: 5:29 PM

Tampa is home to a nascent start-up scene, and local government is particularly business-friendly, promising tax credits to businesses that locate in certain areas or work in one of a number of high-demand industries, including life sciences and sustainable energy. (Read more)

Category:Business-Friendly Climate -- posted at: 4:09 PM

Feld Entertainment, producer of well-known brands such as Ringling Bros. and Barnum & Bailey, Disney On Ice, Disney Live!, Monster Jam and others, is relocating its global production facility to Ellenton and creating 235 new Florida jobs. (Read more)

Category:Financial Professional Services -- posted at: 2:16 PM

Progressive, the auto insurance subsidiary of The Progressive Corp., will hire 390 additional sales, service and claims representatives for its Riverview contact center in the coming months. (Read more)

Category:Financial Professional Services -- posted at: 2:03 PM

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