Monday – September 3, 2007

HAPPY LABOR DAY – This is a time to give thanks for the opportunity for businesses to grow and prosper.

PROGRESS CONTINUES AT AIRPORT TECHNOLOGY PARK – The County Council has approved a traffic analysis as part of the rezoning of 95 acres on the south side of Daytona Beach International Airport. Lassiter Transportation Group, Daytona Beach, and the Ivey Planning Group will do the study that is expected to be complete late this year. The planned development will create an employment center of about 298,000 square feet of office and 310,000 square feet of light manufacturing facilities supporting up to 1,500 jobs. Rezoning to mixed use development should complete the pre-development land use entitlements and allow work to begin in 2008.

U.S. PROCUREMENT AWARDS UP TO FLORIDA COMPANIES -- The Federal Procurement Data System reports that Florida businesses received more than $12.9 billion from the U.S. Government in FY 2005, a 24.3-percent increase over the previous fiscal year. The increase is from military goods and services needed to support the “war on terrorism”.

ACTIUM AN ENTREPRENEURIAL CENTER GRAD – Startup company Actium Defense has graduated from the county Economic Development Department’s Entrepreneurial Center at the Advanced Technology College in Daytona Beach and has moved to its own facility. Actium began about a year ago providing spare parts for the U.S. Department of Defense and has fulfilled more than $250,000 in orders. Actium partners with local manufacturers in short-run production items. For more on Actium networking opportunities contact Don Carlson at 386/274-2924 or go on line to actiumdefense.com

FREE SEMINAR ON QUICKBOOKS OFFERED – Florida Capital Bank and Balaban & Schmidt, CPAs are offering a free seminar on tips and tricks of QuickBooks. The seminar is Thursday, September 20, from 3 - 5 p.m. at Florida Capital Bank, 1305 Beville Road, Daytona Beach. For reservations contact Barb Sawran at 386/238-8680 or by email bsawran@bscpas.net before September 17. Wine and cheese will follow the seminar.

LOCAL POPULATION GROWS – The University of Florida’s Bureau of Economic & Business Research now estimates that Volusia County’s current population is 508,014. This is an increase of 64,671 residents since the 2000 census and is a 14.6-percent increase between 2000-2007, an average annual increase of 9,238 residents.

COUNTY COUNCIL OKs AGRICULTURAL IMPACT STUDY -- The Volusia County Council has approved a study of the value and economic impact of the county’s agriculture and natural resource industries. The $27,000-study will be conducted by the University of Florida and is expected to be completed by the first quarter of 2008. The findings will be presented at a County Council public workshop. The study will determine production, crop values and workers that are employed in agriculture and aquaculture. The study also will determine the economic impact of these industries including wages, crop values and local taxes generated.

COUNTY WEBSITE A SITE SELECTOR RESOURCE – National and international site selectors use the county Department of Economic Development’s website floridabusiness.org to research available buildings and land in Volusia. The Business Properties page can list your office and industrial land and buildings. There is no charge for a listing on the site that attracts more than 20,000 visitors a month. To list your industrial property, contact Pedro Leon at 386/248-8048.

VOLUSIA HOUSEHOLD INCOME INCREASES – According to the U.S. Census Bureau’s 2006 American Community Survey, Volusia’s median household Income has risen to $40,881. The survey is the largest in the nation and is similar to the regular census for communities of 65,000 or more people. Volusia’s increase is due to continuing growth in two-income families, the relatively low unemployment rate, and an increase in employment in higher-paying industry sectors.

NEWS ITEMS WANTED! – Please send your business news items to Dave Byron, Volusia County Community Information Director, 123 W. Indiana Ave., DeLand, 32720-4612, by fax at 386/822-5072 or by e-mail at dbyron@co.volusia.fl.us.

Department of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Richard Michael
Director

doed@volusia.org