April, 2011
Madico Acquisition of Solamatrix Brings Jobs to Pinellas
Madico’s recent acquisition of St. Petersburg, Florida manufacturer Solamatrix, Inc. will result in growth for the company and will create over 60 new, high-wage jobs in Pinellas County, while retaining the existing staff of 52 employees. Rob Comeau, Madico’s Director of Marketing, states, “The acquisition of Solamatrix represents a superb opportunity to expand our operations by building on the expertise of both entities. There’s no question that staying in Pinellas County is the right move for us; here, we have the proven contacts, suppliers and community support necessary to continue growing our product lines and raising the bar on customer satisfaction.”
Seeing the Future in Optics & Photonics
Accounting for 28% of the total optics & photonics employment in Florida’s High Tech Corridor, the optics & photonics industry cluster is a burgeoning sector in Pinellas County’s business community. Our pro-business climate, enticing job-creation incentives, developed infrastructure and skilled workforce, as well as a network of established industry professionals – including Bausch & Lomb and Transitions Optical – offer new and existing optics and photonics companies everthing they need to grow and succeed. Read about the recent success of Solamatrix/Madico above and learn more about how we can assist you at http://pced.org/expansion_relocation/subpage.asp?optics.
Spotlight on… Pinellas!
2011 Development Update & Photo Tour
Showcasing redevelopment efforts across Pinellas County – from the downtown areas to the beaches – this annual compilation focuses on development activity across the county. A variety of multi-family projects suggest a rebound in residential development, while new-to-the-area sporting goods retail leader Dick’s found an excellent value in the Pinellas market. Pinellas’ medical industry sector continues to grow, as seen in projects such as MicroLumen’s recent expansion, and a range of tourism-oriented ventures provide evidence that redevelopment planning efforts are paying off.
View the entire 2011 Development Update at:
http://www.pced.org/stats_forms/document.asp?id=94619
Take a photo tour of 2011 development projects at : http://www.flickr.com/photos/pced/sets/72157626341795260/
2011 Super Regional Leadership Conference
The Tampa Bay Partnership and Central Florida Partnership, along with a coalition of state and national leaders, are hosting the state’s third annual Super Regional Leadership Conference April 28 and 29. Join more than 400 business and community leaders to tackle major issues and emerge as a stronger, more competitive and prosperous region. Sponsorship and registration information is available at http://www.tampabay.org/subpage.asp?navid=7&id=199.
2011 Florida Medical Device Symposium
The Florida Medical Manufacturers’ Consortium (FMMC) offers this annual event to present nationally recognized speakers, industry panel discussions on regulatory issues, legislative updates, and networking opportunities to Florida’s medical device manufacturing companies. This year’s symposium will take place May 2 and 3 in St. Petersburg. Information on registration and sponsorship and vendor exhibitor opportunities can be found at www.flamedmfg.org.
SBA 504 Refinance Opportunity
The Small Business Administration (SBA) has released eligibility rules for the new 504 Debt Refinance Program. To learn more about eligibility requirements and program highlights, contact the Small Business Development Center (SBDC) at Pinellas County at (727) 453-7200.
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