Monday – November 12, 2007

COUNTY UPDATING OUTSOURCING GUIDE – The Volusia County Department of Economic Development is updating its guide to manufacturing outsourcing services in Volusia County. Products, components and subassemblies produced in Volusia County can be found in some demanding applications including the space shuttle, hospitals and automobiles. The Department of Economic Development actively promotes Volusia companies to other manufacturers through a printed guide and on its internet website www.floridabusiness.org/outsourcing. If you are not listed and would like to be, contact Paul Mitchell at 386/248-8048.

VMA MEETING TO FOCUS ON QUALITY MANAGEMENT – The Volusia Manufacturers Association (VMA) is hosting a breakfast meeting Tuesday, November 13, in the Volusia Room at Daytona Beach International Airport. The focus will be on quality management with Christoffer Mannting of Gambro discussing new techniques to ensure quality and reliability in manufacturing, particularly a methodology called Failure Modes and Effects Analysis (FMEA) and Fault Tree analysis which allows companies to identify failures. To register, contact Jayne Fifer at jayne.fifer@VMAonline.com or 386/673-0505.

WORKMEN’S COMPENSATION RATES DECLINE – Worker’s compensation rates paid by Florida manufacturers will drop 17.5 percent next year. Since worker compensation reforms were enacted in 2003, rates have dropped nearly 50 percent for the manufacturing sector.

AMUSEMENT PARKS, ATTRACTIONS EXPO UPCOMING -- The annual conference and trade show of the Association of Amusement Parks and Attractions will be held next week at the Orange County Convention Center in Orlando. More than 1,100 manufacturers of video and arcade games and other entertainment products will show off their products along with seeking suppliers and customers. For more information, go to http://iaapaatlanta.expoplanner.com/.

LASER PRODUCTS MANUFACTURER SEEKS NEW FACILITY – The county’s Department of Economic Development is negotiating with a manufacturer seeking 50,000 square feet of production space. The company plans to relocate to a larger facility within the next 12 - 18 months. If you know of an existing facility or the availability of land properly zoned for immediate construction of a new manufacturing facility, please contact John Kizer, Business Specialist, at 386/248-8048 or email your information to jkizer@co.volusia.fl.us. Your information will be forwarded to the company.

CONSUMER PRICE INDEX INCREASES -- The U.S. Department of Labor, Bureau of Labor Statistics has released the Consumer Price Index for All Urban Consumers (CPI-U) for September. Based on this report, costs have increased 2.8 percent since September 2006. This index is used widely in escalation agreements to adjust payments for changes in prices. The CPI-U often is used in collective bargaining agreements, rental contracts, insurance policies with automatic inflation protection, and alimony and child support payments.

SBA WEBSITE AN EXCELLENT RESOURCE -- The Small Business Administration's website www.sba.gov offers resources for planning, managing, financing and expanding a business. In addition, links to local experts are available. There are free online courses, webcasts, podcasts, and more.

INDUSTRIAL REAL ESTATE TRENDS UP -- While recognizing the malaise in the housing sector as it struggles with over supply and falling prices, the Urban Land Institute's (ULI) recently published 2008 Emerging Trends in Real Estate report remained upbeat on the overall steadiness of the industrial sector and noted that industrial activity is up overall and vacancy is dropping. For additional information, access the ULI web site at http://www.uli.org//AM/Template.cfm?Section=Home.

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