Monday June 2, 2008
MANUFACTURER SEEKS FLORIDA LOCATION An
environmentally friendly manufacturing company from Costa Rica that
manufactures energy-saving insulation is seeking to purchase or lease
approximately 20,000 square feet of warehouse, production and office
space. The company requires direct access to rail and is asking to
review all eligible real estate options in Volusia County. Company
executives expect to finalize their site selection in July or August. If
you have or know of a property that meets these requirements, please
contact John Kizer at the Volusia County Division of Economic Development (DOED) at (386) 248-8048 or by e-mail at
Your property and direct contact information will be included with
DOEDs proposal to the company. Follow-up will be conducted by the
company or its representatives. The deadline for all local responses is
SELF-EMPLOYED HEALTH INSURANCE OPEN ENROLLMENT Self-employed
Floridians can apply for health insurance through an open-enrollment
period this August. Coverage begins Oct. 1. Small employers like sole
proprietors, independent contractors or self-employed individuals, are
eligible even if they have only one employee who qualifies for coverage.
Guaranteed issue means that insurers, including HMOs and health savings
accounts, must offer coverage without regard to health status. A list of
insurance companies offering coverage is posted on the Florida
Department of Financial Services Web site. Go to
fldfs.com/Consumers/ and look
for the link to small group market carriers.
AVOID SALES TAX Planning to buy production equipment in 2008?
If so, you could be exempt from paying sales tax. According to
information from the Florida Dept. of Revenue, posted at
expanding businesses can receive a tax exemption permit and instructions
on how to apply for a refund of previously paid taxes. This refund
applies to qualifying machinery and equipment acquired in 2007.
FUNDING TO INVEST IN INNOVATION In a move to signal Florida's
intent to spur innovation, new legislation allows nearly $2 billion in
state pension funds to be invested in high-technology and growth
industries within the state, such as biotechnology and green energy. The
legislation also doubled to $18.4 billion the amount of other state
moneys that can be placed in alternative investments, which include
private equity, venture capital and hedge funds. The new legislation is
designed to attract and develop high-wage industries throughout Florida.
SMALL BUSINESS EXPORTS In the United States, almost 97 percent
of all exporters are small businesses. Of those, roughly 65 percent have
fewer than 20 employees. To learn more about what opportunities may
exist in the global market for small businesses, visit www.export.gov.
To learn more about exporting initiatives sponsored by the Volusia
County Division of Economic Development, contact Paul Mitchell,
international business specialist, at (386) 248-8048.
VOLUSIA COUNTY EXPORTS EXPERIENCE SIGNIFICANT INCREASES Volusia
County companies posted an impressive increase of 38.8 percent in the
exports value of locally manufactured goods and services. Total
documented exports for area companies rose to $267,560,830 in 2006. This
amount was up from $192,662,456 in 2005. Leading the list of locally
manufactured products was automotive-related manufactured goods at $82
million, followed by electronic products at $38.6 million and machinery
at $37 million. According to the Volusia County Economic Development
Department, Volusia County companies are exporting to more than 120
HURRICANE RETROFIT AND HURRICANE PREPAREDNESS GUIDES AVAILABLE
Sunday, June 1, marks the beginning of hurricane season. The "Hurricane
Retrofit Guide" is a state publication designed to help citizens learn
how to protect their homes against the winds and rains of hurricanes.
The guide provides tips for protecting roofs, windows, porches and
garage doors. To access the guide, visit
contact the Florida Department of Emergency Management at (850)
413-9816. Locally, Volusia County Emergency Management has Disaster
Preparedness Guides available beginning Sunday, June 1, in hard copy at
Volusia County libraries and online at www.volusia.org/storm with
information in English and Spanish.
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
Division of Economic Development
700 Catalina Drive, Suite 200,
Daytona Beach, FL 32114
FAX: 386 238-4761 Toll Free: 800-554-3801