The Greater Fort Lauderdale Alliance, Broward County’s official public/private partnership for economic development, reported at its mid-year meeting on Thursday, May 3, 2012 that it helped attract 13 new company relocations and expansions during the first half of its 2011-12 fiscal year that ended March 31. This resulted in 780 new value added jobs, 943 retained jobs and more than $9 million in new capital investment. The announcement was made by Alliance Chairman J. David Armstrong, Jr., president of Broward College.
Some of the companies that relocated or expanded in Broward County include (with anticipated job additions over the next three years):
Saveology.com will be adding 700 new jobs in Margate, retaining 550 jobs and making a $2.4 million capital investment.
Interplex Sunbelt Inc. will be adding 17 jobs in Tamarac and making a $1.4 million capital investment.
American Medical Depot will be adding 50 new jobs in Miramar, retaining 97 jobs and making a $5 million investment.
Juratoys will be establishing its U.S. headquarters in Fort Lauderdale and initially adding 5 new jobs.
The keynote speaker at the meeting was Kathleen Hays, host of “The Hays Advantage” on Bloomberg Radio, the number 1 business radio show in America. Ms. Hays was introduced and later interviewed by Mike Jackson, chairman and CEO of AutoNation. The topic of their discussion was “The U.S. Economy, Jobs and the Fed - What's Ahead in 2012.”
Alliance President and CEO Bob Swindell cited the great work of Mason Jackson and WorkForce One Employment Solutions and said, “I’m pleased to say that the unemployment rate in Broward County is now 7.5%, which is the lowest it has been in three years. Also, Broward County gained more manufacturing jobs in the last year than any other metro area in the state. Broward County has now experienced 18 consecutive months of over-the-year job growth.”
The Alliance’s Educational Excellence Builds Business (E2B2) Action Team Chairman Norm Seavers, associate vice president of the Institute for Economic Development at Broward College, presented the Alliance’s World Class Faculty Award to Florida Atlantic University Associate Professor Dr. Pierre-Philippe Jean Beaujean. Dr. Beaujean is in the FAU Department of Ocean and Mechanical Engineering and is well-known for his work with the military and Homeland Security in underwater acoustic telemetry communications and positioning using sonar technology. His program is housed at SeaTech, the renowned Dania Beach marine studies campus of FAU.
More than 400 people attended this year’s meeting which was held at the Hyatt Regency Pier 66.