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The EDC will hold an investor update breakfast at 7:45 a.m. Monday, August 4 at the Colony Beach & Tennis Resort, 1620 Gulf of Mexico Drive, Longboat Key. State Senator Michael "Mike" Bennett, District 21, will be the keynote speaker. The program will also feature a presentation by Gary H. Moyer and Karen Cook of Lion's Gate Development. The pair will provide an update on the Proscenium project, a multi-use commercial development planned for Sarasota. EDC to Hold Economic Development 101 Workshops for Professional Service Providers The EDC will hold three workshops this summer for professional service providers, such as real estate agents, bankers, lawyers and engineers, interested in learning about economic development tools available to assist their clients. July 30, 8:30-10:00 am Venice Area Chamber of Commerce, 597 Tamiami Trail South, Venice. Aug. 6, 9:00-10:30 am Sarasota Association of Realtors, 3590 S. Tuttle Avenue, Sarasota. Sept. 11, 8:30-10:00 am North Port, location TBD The workshops will focus on resources available to businesses including local and state incentives and expansion and relocation services. Examples of successful projects will also be discussed. The event is free. Advance registration is required. To register, visit www.edcsarasotacounty.com/calendar.asp or call (941) 309-1200 ext.110. Investor Spotlight: PPi Technologies Global Expands Through Packaging Innovation
Everyone has seen kids’ juice drinks in foil pouches, but can you imagine beer, wine and cocktails delivered in similar packaging? The imaginative entrepreneurs at PPi Technologies Global (PPiTG) already have, and are providing the high-tech equipment to package them, as well as selling the cocktail product through a separate public company. PPiTG’s 40 employees (33 in Sarasota) are expected to generate $30 million annually in sales, virtually all of that outside the local market in sales to Fortune 500 consumer product manufacturers. The pace of growth led the company to renovate 50,000 sq. ft. for manufacturing and to expand recently into an additional 25,000 sq. ft. The new space hosts customers who want to see the machinery in action before buying or who want to test packaging for new products in secrecy. R. Charles Murray, chairman and CEO, says the family-owned and operated company relied on the EDC of Sarasota County to assist in the recent expansion by facilitating permitting and keeping the project on track. “The EDC was very helpful,” he said. To market the ShotPak cocktail product, the family recently spun off a public company trading under the symbol SHTP.PK on the OTC exchange. “It’s a penny stock now, but we are excited about the prospects,” Murray said.
Suncoast Workforce Board Annual Meeting Sept. 18
UPCOMING EVENTS Hall of Fame Awards: September 26, 11:30 am-1:30 pm, Ritz-Carlton, Sarasota The EDC of Sarasota County is the private, not-for-profit corporation leading the community’s economic development strategy to add high-wage jobs and diversify the local economy. The EDC provides business assistance to companies in Sarasota County and helps forge solutions to community challenges that affect quality of life. The EDC works in partnership with chambers of commerce, local governments and other organizations throughout the county and the region. For more information, visit the web site at www.edcsarasotacounty.com. |
The Suncoast Workforce Board Annual Meeting "The Key to the Suncoast's Economic Success" will feature Chris Hart, president & CEO of Workforce Florida, Inc., as the keynote speaker. Workforce Florida, Inc. is the non-profit, public-private organization charged with policy-setting and oversight of the states workforce system.