June 14, 2010

HONOR OUR FLAG TODAY -- George Morris of Hartford, Conn., is credited with suggesting "Flag Day," an occasion to honor of the adoption of the American flag on June 14, 1777. The City of Hartford observed the day in 1861 with a program of a patriotic order, praying for the success of the federal arms, and the preservation of the Union. In 1916, President Woodrow Wilson issued a proclamation officially establishing June 14 as Flag Day. In 1949, National Flag Day was established by Congress. The week of June 14 is designated as "National Flag Week" when citizens are urged to fly the American flag for the whole week.

VOLUSIA PAVILION AT MEDICAL DEVICE CONVENTION – The first ever “Volusia Pavilion” was sponsored by Volusia County Economic Development last week at the Medical Device & Manufacturer’s Convention and Trade Show in New York City. American Industrial Plastics, Command Medical, and Magga Products represented Volusia manufacturing, and the county’s three convention and visitors bureaus and the Ocean Center also were represented. The manufacturers reported brisk activity and prospective sales, and our tourism and convention representatives actively pitched Volusia as a great tourism and convention destination.

BOATING IN VOLUSIA COUNTY MAKES HUGE ECONOMIC WAKE – According to the Florida Fish & Wildlife Service, there are almost 22,000 boats registered in Volusia County, and an estimated 630,000 “boat days”. Registered boat owners spend about $141 million each year not including the purchase of boats. Total spending on boat trips by boats registered in Volusia County is more than $85 million. That results in 1,868 jobs with a payroll of more than $46 million. The total economic impact of boats registered in Volusia County exceeds $114 million, which includes lodging, marina services, restaurants, repairs and maintenance, and other retail trade.

FLORIDA’S GREEN ECONOMY GROWS -- A recent report by the National Governors Association Center for Best Practices, analyzed emerging "green" economies and prepared in-depth state profiles and employment charts for the 1995-2007 period. Compared with the national average, Florida’s concentration of green business activity grew competitively in the air and environment, water/wastewater and green building industry segments. To view the full profile of Florida’s green economy go to: http://nga.org/Files/pdf/09greenprofilefl.pdf.

VOLUSIA FORESTRY CREATES A LOT OF GREEN -- Volusia has 707,800 acres. Forests make up 65 percent of that acreage. Crops account for 4 percent and pastureland 16 percent. Private landowners own 82 percent. Forest industry companies account for 9 percent, and only 9 percent are in public ownership. The industry employs more than 1,100 direct employees and 2,300 indirectly. Payroll receipts exceed $21 million.

VOLUSIA HAS TWO MORE FOUR STAR CHARITIES -- Charity Navigator (charitynavigator.org) is a nonprofit group that evaluates charities on their organizational efficiency and how well they can sustain their programs and services over time. Locally, the LPGA Foundation in Daytona Beach and Global Servants Ministries in Orange City recently received the highest four star rating. These are two of the 109 charities in Florida that have been so rated.

FLORIDA TAX CLIMATE AS GOOD AS THE WEATHER -- The Tax Foundation recently released its 2010 State Business Tax Climate Index. The Index considers state corporate tax, individual state income tax, sales tax, unemployment tax, and property tax. Based on these factors, the Tax Foundation ranks Florida fifth in terms of having the best business climate among the 50 states.

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

Phil Ehlinger
Director

doed@volusia.org