Monday – October 29, 2007

OCEAN DESIGN AWARDED EXPORTER OF THE YEAR – Daytona Beach-based manufacturer Ocean Design was selected as the 2007 “Exporter of the Year” by the Volusia Manufacturers Association. The award, sponsored by the Volusia County Department of Economic Development, is presented in recognition of outstanding sales performance in the exporting of locally manufactured products. Ocean Design’s undersea technology products are used in oil, gas, communications and defense industries and shipped worldwide. The company has two operational facilities overseas located in Rio de Janeiro, Brazil and Aberdeen, Scotland. Exporting sales accounted for more than 40 percent of the company’s annual revenue. Accepting the award on behalf of Ocean Design was ODI Vice President Greg Scull.

FLORIDA’S MINIMUM WAGE TO ADJUST JANUARY 1 – Florida's minimum wage will increase 12 cents per hour beginning the first of the year. The Florida Agency for Workforce Innovation says the $6.79 rate will start January 1 and is based on an annual consumer price adjustment.

JOB EXPO TO BE HELD IN DAYTONA BEACH – Embry-Riddle Aeronautical University will host a job expo Nov. 7-8, 10a.m.-3 p.m., at the University's ICI Center, 600 South Clyde Morris Boulevard, Daytona Beach. More than 100 employers in aviation/aerospace, business, engineering, and high tech firms are scheduled to participate. In addition, a number of international, national, and regional airlines also will be seeking qualified applicants. Among the employers scheduled to participate in this job expo include Boeing, Cessna Aircraft, Lockheed Martin, Rockwell Collins, Rolls-Royce, Sikorsky Aircraft, U.S. Navy, and Volvo Aero Services.

BUSINESS RESOURCES: U.S. DEPARTMENT OF LABOR – The Office of Small Business Programs is available to help employers understand the DOL rules & regulations. Visit www.dol.gov/osbp/sbrefa for a wealth of information essential to avoiding employee problems and answers to the most common questions.

COMMERCIALIZE YOUR INVENTION – Have an invention and want to learn how to take it to market? The University of Central Florida is hosting a seminar on Friday, Nov. 9 in Orlando titled "Invention to Venture". Here's where you can learn how to commercialize research, meet investors seeking high growth potential companies and businesses seeking to identify new technology opportunities. For information and online registration, go to: www.invention2venture.org/orlando.

THE BRITISH HAVE COME – More than 8,000 homeowners in Central Florida have primary addresses in the United Kingdom. More than a million visitors from the UK pour into Central Florida each year, making it the second top U.S. destination of travelers from Great Britain. Central Florida is second only to New York City.

VMA HONORS AREA MANUFACTURERS – Griswold Water Systems, South Daytona, and FloMet, DeLand, were recognized for outstanding manufacturing “Best Practices” during the Volusia Manufacturers Association annual awards banquet. Also recognized for outstanding leadership in local manufacturing were David Lane of Rotomation, Inc. and Mark McGrane of The Homac Companies. Both Rotomation and The Homac Companies are located in Ormond Beach.

EUROPEAN MANUFACTURERS SEEKING U.S. LOCATIONS – Due to the significant changes in the foreign exchange rate, European manufacturers are seeking manufacturing opportunities in U.S. in growing numbers. This month alone, the Volusia County Department of Economic Development has been approached by companies from Holland, Switzerland and Italy. These discussions are the beginning of new opportunities that may lead to further investigation by these companies to relocate portions of their manufacturing needs to serve the U.S. marketplace.

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