May 14, 2012

MANUFACTURER SEEKS BUILDING -- A Volusia manufacturer is seeking a 30,000-square-foot facility for immediate purchase. The needed building features include air conditioning, a location between DeLand and DeBary/Deltona, minimum ceiling height of 12 feet, and a clean room of 1,000 square feet (desired). Please call John Kizer at 386/248-8048 if you own or represent a facility meeting these requirements.

COLLEGE EDUCATION A GOOD INVESTMENT -- The not-for-profit College Board has calculated (based on 2008 data) that a student who enters a four-year public college at age 18 and borrows his way through will earn enough by age 33 to make up for the costs including lost wages and loan interest. SmartMoney magazine has calculated that for students graduating on-time the return would be between 5 - 6 percent a year.

ECONOMIC GARDENING PROGRAM CAN TAKE COMPANIES TO THE NEXT LEVEL -- It is not unusual for an entrepreneur to juggle numerous responsibilities including management, marketing, accounting and information technology. Though being busy comes with the territory, it is imperative entrepreneurs make time for training and education. If you need to develop your management team, identify new markets, and understand the competition, the county’s Economic Gardening Program can help take your business to the next level -- at no charge. For information call Paul Mitchell at Volusia County Economic Development at 386-248-8048 or email him at: pmitchell@co.volusia.fl.us.

AREA MANUFACTURERS EXPANDING – As the jobs picture in Volusia County slowly improves, some local manufacturers are expanding. Teledyne Oil & Gas broke ground May 8 on a 50,000-square-foot global research and development center that is estimated to provide 100 jobs. Ark Technologies has completed a manufacturing building and is installing machining equipment for parts for Honda, Nissan, and Toyota automobiles. Ark is projected to hire about 45 employees and will open within the next month. Both companies are in Daytona Beach. Sen Pack, a robotic equipment manufacturer, has opened a 65,000-square-foot plant in the DeLand Crossings Industrial Park and is hiring. AO Precision has purchased and demolished the property east of its plant in Daytona Beach which will enable the company to double its manufacturing area.

SBA 504 REFINANCING PROGRAM CAN FUND WORKING CAPITAL -- The 504 Loan Refinancing Program allows small businesses to refinance debt and use excess equity to obtain capital to finance eligible business expenses. Ending in September, the program is intended to aid small businesses that are expected to have their existing loans mature. For information go to: tinyurl.com/cbgdd78.

MACHINERY IS LEADING FLORIDA EXPORT – According to Florida’s Bureau of Economic and Business Research, industrial machinery and electrical machinery topped the list of 50 export categories in total value. Their combined Florida-origin products export trade value of $19.8 billion comprises just under 26 percent of the state total of $55.2 billion. These two categories are followed in the top five by precious stones/metals, aircraft/spacecraft, and optical/medical Instruments.

DSC CAN HELP COMPANIES LEARN HOW TO SELL TO GOVERNMENT AGENCIES – The Small Business Development Center at Daytona State College can provide assistance on how to register to do business with federal, state, and local government agencies. For information contact: John Kizer at Volusia County Economic Development at 386-248-8048 or email: jkizer@co.volusia.fl.us.

QUOTE OF THE WEEK – “I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that for you to gain those you deal with should gain as well.” -- Alan Greenspan

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.

Division 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

Rob Ehrhardt
Manager

doed@volusia.org