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Tax season is a great time for Sunshine State-based businesses and individuals to remember the ways that Florida’s tax climate is one of the best in the nation, by more than a few key metrics. If you don’t already call Volusia County “home” in time for this tax season, that’s OK — just keep reading and discover why you should be by the next! Ahead, we share a few of the most exciting facts about Florida’s tax climate — and how the Greater Daytona Region takes an already-business-friendly atmosphere to the next level.
In honor of Women’s History Month this March, Team Volusia is taking a closer look at how women have been spearheading STEM innovations in the local area — and how their work continues to propel the Greater Daytona Region to new heights (literally). Just read on to learn more.
Volusia County is a section of southeast Florida that has been showing consistent growth over several years. The region has something to offer everyone, from tourists to retirees. While this means that virtually every industry experiences growth in this part of Florida, there are some industries that perform exceptionally well. By taking a closer look at these industries, you can determine whether this is the ideal environment for your commercial real estate development or business startup.
Daytona Beach, Florida – March 8, 2022 – Committed to enabling the safe transition to an electrified and connected world, Ocellott benefitted from an incubation period at The John Mica Engineering & Aerospace Innovation Complex (MicaPlex), and is now initiating its next stage, here in Florida. An electronic engineering company founded in 2015, Ocellott has a strong presence in Brazil with a history of serving international customers, including the United States. By specializing in the development and manufacturing of complex systems, the company offers products that serve the defense, aerospace, and testing and measurement markets.
Get a sneak preview of the 2022 economy at the 4th Annual Market Watch Business Summit presented by Bank of America, a joint program conducted by the Daytona Regional Chamber of Commerce and Team Volusia Economic Development Corporation.
Kevin Carr, CEO of FloridaMakes, was the featured speaker at the October meeting of Team Volusia’s Board of Directors. FloridaMakes is an industry-led public-private partnership operated by Florida’s regional manufacturing associations. Its focus is on strengthening and advancing Florida’s manufacturing economy by accelerating technology adoption, talent development, and business growth. His presentation cited factors in the creation of more than 13,000 high-wage, high-skill jobs since 2015 (adapted from Florida Trend’s Florida 500 Most Influential Business Leaders).
Christopher Lloyd, Senior Vice President and Director for Infrastructure and Economic Development at McGuireWoods Consulting was the featured speaker at Team Volusia’s August Board of Directors meeting. Chris also chairs the Site Selectors Guild, an exclusive organization of leading site selectors. Chris reflected on the future of economic development and site selection, citing the power of public-private partnerships, the importance of key infrastructure assets such as transportation, and other factors.
Team Volusia has hired Harry Jorgensen as its first Associate Director of Business Development. Harry will work with the staff and investors to shepherd projects through Team Volusia’s pipeline, oversee research, and develop marketing materials. A political science graduate of the University of Central Florida, Harry is pursuing a master’s degree in Global Studies and International Relations from Northeastern University. In addition, Team Volusia hired Jayson Michel as an intern. Jayson currently attends Bethune Cookman University as a senior. Harry and Jayson were introduced to the Board of Directors and other Team Volusia investors at the October 8th Board meeting in DeLand.
D&G Pharmaceuticals, one part of a three-company group engaged in research, development and validation, has selected a Daytona Beach site for its expansion and relocation from the West Coast. The company may pursue plans to develop a research park locally, and encourage some of its partners to relocate to Daytona Beach. The company will be hiring six to ten PhD-holding scientists. Its average wage is projected to be $75K, with an annual payroll of $750K and a capital expenditure of $1 million.
Spectre Powerboats has moved from central Ohio to a 26,000 square foot facility near DeLand Municipal Airport. The company specializes in custom powerboats in the 32’-36’ range. The company also offers repair and testing services. Most of its customers are in Florida, which was a critical factor in the decision to move. Its initial workforce of 15-20 is expected to double in three years. Average wage is $40K and annual payroll is $1.6 million. Capital expenditure is budgeted at $3 million.