January 18, 2010

Transcription

January 18, 2010

BBN
Vol. 28 No. 3
Brevard
Business
January 18, 2010
News
A Weekly Space Coast Business Magazine
CIA Developers seeking
entries for Cunningham
Entrepreneurial Award
By Ken Datzman
The late businessman Gary R.
Cunningham, who pioneered industrial–
park development in South Brevard
County in the early 1980s, firmly believed
in the “American Dream” of entrepreneurship.
To him, the U.S. private payroll —
small–business owners — was the
centerpiece of the nation’s economy. It was
the driver of job creation, economic growth,
and inventiveness, including the winning
of individual patents for new products.
For America to thrive as a nation,
entrepreneurship had to be robust and
strong, he long believed.
“Gary was a strong believer in the
entrepreneurial spirit,” said Rick Kendust,
marketing and leasing coordinator for CIA
Developers Inc. in West Melbourne.
“And he was quite an entrepreneur
himself. Gary had the knowledge to be a
good, pragmatic businessman, and he was
just that. He really understood the
important role small businesses play in
economic development within a commu-
nity,” added Kendust.
The nation’s small businesses have
created 64 percent of all new jobs in the
last 15 years, according to the U.S. Small
Business Administration. In today’s
economic climate, it is especially important
to grow the ranks of small–business
ownership. A new SBA study says the
labor market is tied to startups of small
firms.
Cunningham, who was willing to take
risks to gain reward, developed business
interests in both Brevard and Volusia
counties in an entrepreneurial commercial
real–estate career that spanned three
decades.
He was a published author, writing a
book on commercial real estate, and
decades ago led the successful effort to
relocate South Florida–based Embry–
Riddle Aeronautical University to Daytona
Beach. When Embry–Riddle recently
expanded in Brevard County to a second
location, in Melbourne, CIA Developers
located the site for the private school.
Cunningham founded and went on to
Please see CIA Developers, page 19
BBN photo — Adrienne B. Roth
Rick Kendust, left, is marketing and leasing coordinator for CIA Developers Inc. and Gary
Cunningham II is a partner in the firm. Their company owns office and industrial facilities in Brevard
and Volusia counties that house more than 120 businesses. The firm was founded by the late
businessman Gary R. Cunningham. CIA has established the annual Gary R. Cunningham Entrepreneurial Award. The award offers $10,000 in free rent at a CIA facility and a scholarship to the TRDA’s
‘Roadmap to Success’ workshop.
International movement to dump mighty U.S. dollar gains support
The conventional wisdom is that
Americans benefit hugely from the world’s
embrace of the mighty U.S. dollar.
Foreigners stuff their central banks
with U.S. dollars, they load up with U.S.
Treasuries and corporate bonds in good
times, and even more feverishly in bad
times. More than 70 countries formally
lash their own currencies — and fortunes
— to the ups and downs of the greenback.
But research suggests the benefits of
being the world’s reserve currency are
marginal for most Americans, particularly
savers and exporters.
Membership in the reserve currency
club does have its privileges — mainly, an
abundance of easy money.
The downside is that it over–inflates the
value of the dollar, punishing those parts of
the economy that compete with foreign
competition.
“It is not clear that the United States
enjoys much of a privilege at all,” concludes
a new report by a team of economists at
McKinsey Global Institute.
The international movement to dump
the dollar and create a new reserve
currency gained momentum in 2009,
winning endorsements from key Chinese
and Russian officials plus International
Monetary Fund managing director
Dominique Strauss–Kahn.
Americans may eventually reach the
same conclusion — that the burden of
being the world’s default currency simply
PRESORTED
STANDARD
US POSTAGE
PAID
BREVARD BUSINESS
NEWS, INC.
By Barrie McKenna
Scripps Howard Service
isn’t worth the cost.
“Given the lack of financial benefit to
the key reserve currencies, it may be that
there will be a growing constituency for
reform to the current set of exchange
Please see U.S. Dollar, page 16
BBN
DIGEST
Boy Scouts to celebrate anniversary,
to honor community leaders at dinner
In conjunction with the 100th anniversary of Scouting,
the Central Florida Council of Boy Scouts of America will
honor Adrian Laffitte of Lockheed–Martin and Brevard
County Sheriff Jack Parker at the council’s annual Golden
Eagle Dinner Feb. 16.
A reception starts at 6 p.m., with dinner at 7 p.m.
Dr. Anthony Catanese, president of Florida Institute of
Technology in Melbourne, is the volunteer chairman for
the Golden Eagle Dinner. “The mission of the Boy Scouts is
to instill values in young people, so they can make ethical
decisions later in life,” Dr. Catanese said.
“Thousands upon thousands of young people in Brevard
County have benefited from the character education and
outdoor opportunities provided by Scouting. The 100th
anniversary of this critically relevant organization is
reason to celebrate.”
The Golden Eagle Dinner, Brevard County Boy
Scouting’s premier fund–raising event, is set for the
Radisson Resort in Port Canaveral, where Laffitte and
Parker will be honored for their support to Scouting.
“We are proud to recognize these two men at this year’s
Golden Eagle Dinner,” Dr. Catanese said. “Both have a
strong commitment to youth, our community and to
Scouting. This event will honor their years of service to our
community.”
The Scouting program in Brevard County serves more
than 3,700 registered Scouts and more than 1,570 adult
volunteers. Scouting has programs for boys, ages 7 to 20,
and for girls, ages 14 to 20.
For more information about attending or supporting the
Boy Scout Golden Eagle Dinner, contact the council’s field
director, Kevin Litt, at 917–0097 or send an e–mail
message to [email protected].
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The Daff–O–Dolls, an art–doll club previously located
in Palm Bay, has moved its meeting location to the
Henegar Center for the Arts in downtown Melbourne. The
group will meet at 10 a.m. on Friday, Jan. 15. The facility
is easily accessible, with convenient parking. Daff–O–Dolls
meets on the third Friday of the month. The purpose of the
club is to “further the enjoyment and appreciation of cloth
dolls, develop individual creativity, help doll–makers grow
in excellence as doll artisans, and promote doll–making as
an art.” For more information about the organization, call
Ruth Anne Parker at 723–4705.
Tim Gagnon guest artist for ‘Art Walk’
The U.S. Space Walk of Fame Museum will host special
guest artist Tim Gagnon from 5 to 9 p.m. on Friday, Jan.
15, at 4 Main St. in downtown Titusville. This is part of the
“Downtown Art Walk.” Shuttle–mission patch designer
Gagnon will have several of his designs on display,
including the most recent STS–129 patch. He will sign his
patches or decals that collectors bring in or purchase at the
Space Walk of Fame gift shop. The U.S. Space Walk of
Fame Foundation is a nonprofit organization dedicated to
preserving the history of the U. S. space program. The
monuments and museum honor the men and women who
made the space program possible and the astronauts who
flew the missions. For more information, call 264–0434.
JANUARY 18, 2010
BBN
DIGEST
Free International Festival coming to
Florida Tech Panthereum on Feb. 27
Florida Tech will be flying the colors of many nations
when it hosts the fourth annual International Festival
from noon to 5 p.m. on Saturday, Feb. 27, in Melbourne.
The free event, a highlight of the university’s spring
semester activities, will take place in the outdoor
Panthereum area, located off Country Club Drive and
adjacent to Panther Plaza in the heart of the campus. The
public is welcome.
Music and dance will be by Panama Suenos y
Tradiciones, Panamanian Folk Dance; L’Ahavat Tzion
Israel Folk Dance; the Greek American Association of
Brevard dance troupe; Space Coast Asian Pacific American
Heritage Association; Florida Tech’s Latin Percussion
Ensemble; and Twitchy, Florida Tech’s all–faculty rock ‘n
roll band.
Also, the Caribbean Students Association, Indian
Students Association and Saudi Student House will offer
traditional folk dances. The Sons of Norway’s Viking ship
replica will be “docked” on the campus lawn among the
many cultural displays of student groups.
Area vendors will sell ethnic food specialties and
students will offer handmade jewelry and traditional
artifacts for sale.
Among the organizations involved are the Caribbean
Students Association, Chinese Students & Scholars
Association, Indian Students Association–Sanskriti,
International Student Services Organization, Latin
American Student Association, Muslim Student Association, Saudi Student House, Spanish Club, Taiwanese
Student Association, and the School of Psychology’s
Diversity Committee.
Children will enjoy carnival–type games and activities.
“We are very proud to showcase Florida Tech’s international diversity,” said Judy Brooke, director of International Student and Scholar Services. “There will be
activities for all ages. Bring your lawn chairs and blankets
and enjoy the afternoon.”
The festival is sponsored by Florida Tech International
Student and Scholar Services, Florida Tech Residence Life,
WFIT 89.5FM and the Melbourne Regional Chamber of
East Central Florida. For more information, call 674–8053
or visit www.fit.edu/internationalfest.
Palm Bay to celebrate 50th birthday
The City of Palm Bay will celebrate its 50th birthday at
a family event from 1 to 10 p.m. on Jan. 16 at Brevard
Community College in Palm Bay. There will be a full slate
of activities for youngsters. The Brevard Bloodmobile of the
American Red Cross will be on site for those wishing to
help by donating blood. There will also be donation boxes
available to collect items to be sent to our men and women
in uniform.
‘Florida Teens Read’ night at B&N
“Florida Teens Read” night is set for 7:30 on Tuesday,
Jan. 19 at Barnes & Noble in West Melbourne. The store is
at 1955 W. New Haven Ave. Area teenagers are invited to
Barnes & Noble on the third Tuesday of the month to
discuss titles from the list of Florida Teens Read. This
month’s selection is “Unwind” by Neal Shusterman. The
book club is led by Palm Bay High’s Julie Cookel.
JANUARY 18, 2010
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EDITORIAL
The ALS Association marks its 25th anniversary with optimism
The ALS Association of Calabasas Hills, Calif., marked
its 25th anniversary on Jan. 7 as an organization and as a
leader in the fight against the disease.
The association, more than ever, is optimistic that
major discoveries will be made in the near future that will
help people with this disease live longer, better quality
lives and that some day there will be a cure.
The association was created in 1985 when the California–based ALS Society of America merged with the New
York–based National ALS Foundation.
“I would herald the merger as the start of the end of
ALS,” wrote Lawrence Barnett, chairman emeritus of The
Association’s National Board of Trustees, in the first issue
of the new organization’s newsletter.
What began as a grassroots organization quickly
evolved into one of the leading ALS organizations in the
United States by fighting ALS on every front.
It was the vision and sheer determination of Barnett
that helped make the association a reality.
“Lou Gehrig played in the house that Babe Ruth built,”
said Allen Finkelstein, the former chair of The
BBN
Brevard
Business
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4300 Fortune Place, Suite D
West Melbourne, FL 32904
(321) 951–7777
fax (321) 951–4444
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PUBLISHER
Adrienne B. Roth
EDITOR
Ken Datzman
OFFICE MANAGER
Frank Schiffmann
Brevard Business News is published every Monday by
Brevard Business News Inc. Bulk Rate postage is paid at
Melbourne, FL and Cocoa, FL. This publication serves
business executives in Brevard County. It reports on
news, trends and ideas of interest to industry, trade,
agribusiness, finance, health care, high technology,
education and commerce.
Letters to the Editor must include the writer’s signature
and printed or typed name, full address and telephone
number. Brevard Business News reserves the right to edit
all letters. Send your letters to: Editor, Brevard Business
News, 4300 Fortune Place, Suite D, West Melbourne, FL,
32904, or email [email protected].
Subscription Rates for home or office mail delivery are
$26.00 for one year (52 issues). Send all address
changes to: Circulation Department, Brevard Business
News, 4300 Fortune Place, Suite D, West Melbourne, FL,
32904, or email [email protected].
Association’s National Board of Trustees. “We fight ALS in
the house that Larry built.”
“The ALS Association is a catalyst of vastly improved
care provided to people with ALS, a pioneer of global state–
of–the–art research that has resulted in important
breakthroughs, and the orchestrator of legislative triumphs that have lessened financial hardships experienced
by those with the disease and their families,” said Jane
Gilbert, president and CEO of the association.
ALS (amyotrophic lateral sclerosis) is a progressive,
neurodegenerative disease that affects 30,000 Americans
annually. People who are fighting ALS, commonly referred
to as Lou Gehrig’s Disease, on average, live two to five
years from the time of diagnosis.
“We are determined that another 25 years will not pass
before we find a cure for this disease,” Gilbert said. “The
ALS Association specializes in providing hope, inspiration,
innovation and making a difference. We want to be known,
however, as the organization that led the way to a cure.”
The ALS Association helped raise awareness of ALS to
a level not seen since the world learned that New York
Yankees first baseman Lou Gehrig had the disease.
“It was New York Yankees first baseman Lou Gehrig
who put ALS in the national spotlight when he was
diagnosed with the disease in 1939, and it was The ALS
Association that brought the spotlight back more than four
decades later,” said Jay Daugherty, chair of The
Association’s National Board of Trustees.
After its formation, the organization hit the ground
running, locating its national headquarters in Southern
California and assembling a team of passionate individuals who made the commitment to create a world without
ALS. “While a cure is our top priority, we also are aggressively seeking to find effective treatments that enhance the
quality of life of people living with the disease and extend
their life,” Gilbert said.
Today, the association’s mission statement stands as a
testament to the bold vision of its founders: “To lead the
fight to cure and treat ALS through global, cutting–edge
research, and to empower people with Lou Gehrig’s disease
and their families to live fuller lives by providing them
with compassionate care and support.”
“The founders of The ALS Association had hoped, by
now, the disease would be conquered and The ALS
Association’s work would be completed,” Daugherty said.
“There are encouraging signs that new, highly–effective
treatments and a cure are on the horizon.”
The association leads the way with groundbreaking
research and has committed more than $55 million over
the last decade toward finding a cause and a cure.
“This anniversary year marks a particularly exciting
and promising time for research,” said Dr. Lucie Bruijn,
chief scientist for the association. “With the finding of two
new genes linked to familial ALS, new treatment approaches entering clinical trials for the first gene to be
identified for ALS and with an ever increasing global team
of scientists, meaningful treatments are on the horizon for
ALS.”
“Translational Research Advancing Therapies for ALS
(TREAT ALS), The ALS Association’s biomedical–research
program, enables scientists worldwide to bring important
findings from the laboratory to patients,” Dr. Bruijn said.
“Over the years, The ALS Association’s research efforts
have enabled investigators with a range of expertise to
collaborate and better understand the disease.”
“The ALS Association, through meetings and global
partnerships, has been a catalyst for innovation and has
provided the support for the research community to exploit
new and emerging technologies advancing progress at a
more rapid pace,” Dr. Bruijn added.
In recent years, unprecedented victories have been won
in Congress, the states and government agencies, brought
about by advocates from every state coordinated by The
Association’s Washington, D.C., advocacy staff and
supported by association chapters. “Through advocacy, we
are creating the roadmap that will lead to a treatment and
cure,” said Steve Gibson, vice president of government
relations and public affairs for the association.
“Whether it’s enacting legislation to eliminate the 24–
month Medicare waiting period and helping to secure
benefits for our nation’s military veterans with ALS, or
establishing a national ALS registry and generating nearly
$500 million in government funding for ALS research, our
advocacy efforts truly are making a difference in the lives
of everyone who has been touched by this disease.”
The association has built a reputation of excellence by
responding to the needs of people with ALS and their
families with comprehensive services and programs. The
association provides vital support, education and patient
care through more than 100 affiliates nationwide, which
include the association’s chapters, Certified Centers of
Excellence, and clinics.
“We work to make a difference in people’s lives through
the care and management provided by ALS clinical experts
in the centers integrated with the community outreach
through The ALS Association chapters,” said Sharon
Matland, vice president of patient services for the association. “We want people with ALS and their families to know
that they don’t have to make this journey alone and that
we work everyday to provide the care and support that is
needed.”
Over the years, some of the most recognized faces in
America have joined the fight against Lou Gehrig’s disease
by appearing in national public service announcements.
Such notables as Jack Lemmon, Ted Danson, Helena
Bonham Carter, Curt Schilling, Kate Linder and, most
recently, Angela Lansbury, have given of their time and
celebrity to raise awareness about ALS.
“These public service announcements served as a
reminder to families with ALS that they are not alone, and
those who did not know about ALS, could not help but
care,” Daugherty said.
Lansbury joined the “Cure ALS Campaign” for the
association to honor her sister Isolde who passed away
from Lou Gehrig’s disease in the late 1980s. The campaign
raises funds for the association’s research program.
“Together, we enter the next quarter century impassioned by the dream that one day soon we will be able to
look into the eyes of a person with ALS and say, ‘There is a
cure,’” Lansbury said.
For more information about The ALS Association, visit
www.alsa.org or call (800) 782–4747.
JANUARY 18, 2010
BBN
DIGEST
Gannett Foundation awards grant
to the Children’s Advocacy Center
The Children’s Advocacy Center of Brevard received a
$2,500 grant from the Gannett Foundation/“FloridaToday”
for the Clinical Intervention Program.
The unique onsite program provides crisis and short–
term counseling to victims of child abuse and their non–
offending family members, free of charge.
This is the only program of its kind in the community.
In fiscal year 2008–2009, one full–time counselor and one
part–time counselor provided 1,010 counseling sessions to
child victims and non–offending family members.
“This very generous grant will be extremely useful in
helping the program’s counselors continue to assist
children and families who are dealing with the difficulties
associated with sexual or severe physical abuse,” said
Charles Biehl, the Children’s Advocacy Center’s director.
“The Clinical Intervention Program is extremely
important in helping child victims resolve what can be
complex issues of their abuse, issues that, if left unresolved, could hinder their growth into productive adults.”
The cases handled through the Children’s Advocacy
Center of Brevard are the most severe cases of abuse found
in Brevard County, he said. In fiscal year 2008–2009, 1,178
cases were assessed by the Advocacy Center’s onsite
partner, the Child Protection Team.
For additional information about the Children’s
Advocacy Center of Brevard, call 637–7652, or visit
www.cacbrevard.org. Tours of the facility are available by
request.
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NASA physicist Calle to appear at library
The Cocoa Beach Public Library’s “People in Print
Series” will host NASA senior physicist Carlos Calle at 1
p.m. on Wednesday, Jan. 20. He is the author of “The
Universe: Order without Design.” His book explores the
question of whether the universe required a “supernatural
designer or whether cosmological theories can explain the
wondrous reality around us.” The book is written for the
“lay reader.” Calle is also a talented sculptor, and will
bring samples of his work. Copies of “The Universe” will be
available at a discounted rate of $18. For more information, visit http://www.aguidetophysics.com. The library is
at 550 N. Brevard Ave. For more information about this
event, call 868–1104.
Henegar sets auditions for Variety Show
The Henegar Center for the Arts in downtown
Melbourne will hold auditions for its sixth annual Variety
Show at 7 p.m. on Wednesday, Jan. 20. The performance
date is Friday, Feb. 5, at 8 p.m. The program will feature
entertainment provided by local performers in support of
The Henegar Center. “We are seeking musicians, singers,
dancers, comedians, improv sketches, bands and more — a
wide variety of entertainment acts to gather together to
raise awareness and funds to benefit the historic 1919
Henegar Center building,” said the Henegar Center’s
Nancy Crofton. “The building continues to be a vital
community cultural complex with opportunities for dance,
theatre, music, children’s programs and the visual arts, as
well as a community facility for meetings, civic events,
social functions and seminars.” For additional information,
call 723–8698 or visit www.henegar.org.
JANUARY 18, 2010
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BBN
DIGEST
Sheriff, Waste Management partner
to expand ‘Bikes for Tykes’ program
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At the request of Brevard County Sheriff Jack Parker,
local trash– collection firm Waste Management is now
picking up donated bicycles that are left at curbside.
The bicycles are transported to the Sheriff’s Work Farm
where they are repaired by jail inmates and donated to
Brevard County’s three sharing centers and other nonprofit agencies for needy children, homeless adults and
veterans.
Residents wishing to dispose of a bicycle can place the
bikes with their trash on their regular garbage–collection
day, and a Waste Management supervisor will come by
and pick them up.
Residents also have the option of dropping bikes off
directly at the Sheriff’s Work Farm (seven days a week)
located on Pluckebaum Road in Cocoa. The Work Farm
can be seen from the east side of I–95, just south of State
Road 520.
Since the “Bikes for Tykes” program was started a few
years ago, the Sheriff’s Office has collected, fixed and
donated about 1,500 bikes to those in need. With the
assistance of Waste Management, the Sheriff’s Office
expects it can more than double the amount of bikes
provided to children and veterans in need. In just the last
couple of weeks, Waste Management provided the Sheriff’s
Office with more than 60 additional bikes for the program.
“Our employees receive a great deal of satisfaction
working with the Sheriff’s Office on this project,” said
Waste Management Director George Geletko. “They enjoy
helping their community.”
Sheriff Park said, “I commend Waste Management and
its employees for giving back to their community in such a
unique way. Many will benefit from their efforts.”
Residents in need of a bicycle can contact the North
Brevard, Central Brevard, or South Brevard Sharing
Centers to obtain a bicycle without cost. The telephone
numbers for the Sharing Centers are: North, 269–6555,
Central, 631–0306 and South, 727–8581.
For more information about the program, contact the
Sheriff’s Work Farm at 633–1967.
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Tuckaway Shores Resort wins award
The Florida Superior Small Lodging Association
recently announced that Tuckaway Shores Resort in
Indialantic has been named a winner of the organization’s
prestigious Donal A. Dermody White Glove Award for
housekeeping excellence. While there are thousands of
hotels, motels, bed and breakfast ventures, travel lodges,
inns, beach houses, and other hospitality destinations
across the state, only one location in Brevard County
earned this year’s White Glove Award. “The White Glove
Award is our organization’s highest recognition for
housekeeping achievement,” said Donna Boucher, SSL’s
executive director. “Properties must receive a total
housekeeping score of 100 percent in their annual review
to receive this award. The honor recognizes hotel owners
who have made outstanding contributions to SSL’s mission
and business objective of benchmarking housekeeping
excellence and exceptional service.” For more information
about Tuckaway Shores, call 723–3355 or visit
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USA’s Granger assumes presidency
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Sept. 29, 2009
Entrepreneur of the Year
Nov. 17, 2009
The Power of Partnerships
Jan. 26, 2010
Marketing Madness
March 23, 2010
Money Matters
May 18, 2010
Presidents’ Panel
Founders Forum
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ALEXANDRIA, Va. — Joseph “Bob” Granger has
advanced to the presidency of ASIS International, the
largest organization for security management professionals worldwide.
Granger is the director of security for United Space
Alliance, which is NASA’s space–shuttle prime contractor,
with locations at the Kennedy Space Center, the Johnson
Space Center in Texas, and Marshall Space Flight Center
in Alabama.
Granger is responsible for all aspects of USA’s security
worldwide, including personnel and industrial security, as
well as internal physical security and access, and integrity
controls for the space–shuttle fleet. Granger has been an
ASIS member since 1985.
“ASIS will continue providing outstanding educational
opportunities to our members, along with developing and
promulgating standards and guidelines and offering
professional certification opportunities,” he said. “We will
also continue our role as the recognized leader advancing
security worldwide.”
Granger has more than 39 years experience in security
and law enforcement. After serving in the U.S. Army
during Vietnam, Granger spent eight years as a municipal
police officer in Cocoa, and more than 28 years working in
various security disciplines at Kennedy Space Center.
Granger has served on the ASIS Board of Directors for
the past five years. He is a Certified Protection Professional and a member of the CSO Roundtable.
Previously, he served as a council vice president,
member and chairman of the Physical Security Council,
faculty adviser and speaker for the Physical Security
Professional Review program, and member of the ASIS
Foundation Board of Directors.
He has been a featured speaker and lecturer before
international audiences at numerous ASIS professional
development programs.
Granger and his wife L.J. are residents of Merritt
Island.
QuickBooks fundamentals class at Tech
The Women’s Business Center at Florida Tech in
Melbourne will offer the two–day class “QuickBooks
Fundamentals” from 5 to 8:30 p.m. on Jan. 19 and 20. It
will be taught by Katherine Johnson, owner of Intercoastal
Accounting. Johnson is a certified QuickBooks pro–adviser
and accountant with more than 30 years of experience. No
prior accounting experience is required to enroll in the
class. Participants will receive tips on “ensuring their
company financials.” These tips will include topics such as
managing revenues, expenses and credit cards, writing off
bad debt, as well as tracking and preparing many different
styles of statements and sales reports. In addition, the
lessons will be taught in the computer lab on the newest
2009 QuickBooks software. The fee for the seminar is $190
and includes a book and certificate upon completion. The
Women’s Business Center is on the third floor of the Link
Building (Room 323). For registration information, visit
wbc.fit.edu/schedule/schedule.php. For more information,
contact Donn Miller–Kermani at 674–7006 or Renee
Couperthwaite at 674–7007.
JANUARY 18, 2010
BBN
DIGEST
Sebastian River High partners
with Sports Image of Palm Bay
PALM BAY — Sebastian River High School has
partnered with Sports Image to leverage its athletic
program’s rich tradition to help generate revenue for the
school by offering professional scoreboard signage at the
football field and basketball gymnasium.
The signage and resulting revenue will go to the school
free of charge, without any work or financial obligation
incurred by the school.
The scoreboard project started as an agreement
between the high school athletic director, Michael Stutzke,
and Sports Image. Sports Image is responsible for securing
the advertising for the scoreboards. In years to come, the
school will receive revenue for their athletic programs as a
result of future sponsorships on the scoreboard.
“This is truly a win–win situation for both the school
and the sponsor,” said Bill Wood, president of Sports
Image in Palm Bay. “Sebastian River High is going to get
much–needed revenue for its athletic department, whereas
the sponsor will receive great exposure at the sporting
events and the knowledge that they helped their local high
school.”
Individuals and organizations interested in becoming a
sponsor on the scoreboards can contact Wood at 329–5709.
Since 2002, Sports Image has been helping high schools
and other grassroots organizations to obtain state–of–the–
art equipment and revenue for their athletic programs as
budgets are drying up nationwide.
Through its unique sports–marketing concepts and
existing relationships, Sports Image has given more than
$600,000 in cash and over $7.8 million in equipment to
schools and organizations in the United States and in
Canada, Wood said.
Sports Image (www.sportsimageinc.com) was founded
in 2002 in Franklin, Ohio, and recently opened an office in
Palm Bay.
Chamber On–Target Seminar Series
The Titusville Area Chamber of Commerce will present
its monthly On–Target Seminar Series from 11 a.m. to 12
p.m. on Jan. 20 at the Fairfield Inn and Suites by Marriott/
KSC, 4735 Helen Hauser Blvd., in Titusville. The series is
designed to help area residents “stay on target” by focusing
on personal growth, business growth and the community.
There is no cost to attend, but reservations are required.
The featured speaker will be Donna Marie Lilley of
“Florida Today.” She’ll be talking about “Search–Engine
Marketing.” Call Emma at 267–3036 or send an e–mail
message to [email protected] to RSVP or visit
www.titusville.org.
Florida Tech’s Dr. Ming featured speaker
Florida Tech’s Astronomy and Astrophysics Public
Lecture Series will present “The First Result from NASA’s
Interstellar Boundary Explorer (IBEX) Mission” at 8 p.m.
on Jan. 22. The free lecture, in the F.W. Olin Engineering
Complex auditorium (Room EC118), will be presented by
Dr. Ming Zhang, professor, Florida Tech Department of
Physics and Space Sciences. For more information on
IBEX, visit http://ibex.swri.edu. The F.W. Olin Engineering
Center is located on University Boulevard. For more
information, call 674–7207, or visit www.fit.edu/aapls.
JANUARY 18, 2010
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BUSINESS
Merritt Island–based Community Bank of the South shines, posts
impressive profit in challenging market environment — expects
another strong year in 2010; caters to small businesses in county
By Ken Datzman
MERRITT ISLAND — Community Bank of the
South, a venture that was started in 1999 by a
group of area investors which has grown to a
three–branch network in Central Brevard, is a
shining star in an industry that has been beaten
down over the past 24 months because of the
rollicking financial turmoil.
The independent institution posted an after–tax
profit of roughly $945,000 for 2009. “We had a
strong year. In fact, it was the second–best year in
the bank’s history,” said William “Bill” Taylor,
founding president and chief executive officer of
Community Bank of the South, based here with
offices in Cocoa and Rockledge.
The roughly $115 million bank has long
operated in a conservative manner, he said, and it
is paying off in profitability.
“Our customers understand their businesses,
and they stick to their niches. We are cash–flow
lenders. And we understand our clients and how
they make money. It’s called ‘plain vanilla’
banking, or A–B–C lending. We don’t deal in exotic
products. We are a conservative institution.”
Right now, plain vanilla tastes pretty good for
Community Bank of the South. Several years ago,
plain vanilla banking was out of style, as real–
estate transactions soared and project financing
was pretty much a sure thing.
Community Bank of the South’s core market is
small business, still the driver of economic growth
in many communities around the nation.
“The businesses that have been through these
economic downturns in the past, the seasoned
businessowners, seem to be making the right
decisions. Now, as we talk to them, they are trying
to position their businesses for an economic
rebound. And, hopefully, the government’s
stimulus package will provide some help toward
that end in 2010,” Taylor said.
A lot of businesses are positioning themselves
for an economic upturn in the second half of the
year and anticipate increased sales as compared to
18 months ago.
Coupled with support from the government’s
policy stimulus, improvement in the financial–
market conditions, as well as shrinkage in housing
inventory, while deterioration in the labor market
is abating, the recovery is slowly gaining traction,
according to the U.S. Federal Reserve.
Federal Reserve Board governor Elizabeth
Duke, speaking to a business group in Raleigh,
N.C., on Jan. 4, made some upbeat comments,
looking to the months ahead.
Duke, a former chairperson of the American
Bankers Association, said she expects to see a
“continued moderate recovery” in economic activity
in 2010, supported by further healing in the
financial markets and “accommodative monetary
policy.”
“Steady, moderate growth is a good thing,”
Taylor said. “Most businesses face their biggest
challenges when growth accelerates at a pace that
is uncontrollable.”
The recent news on employment, production,
and spending has been encouraging, Duke said.
The November labor–market report showed the
smallest loss in payroll since early 2008, and in
recent weeks the number of new claims for
unemployment insurance has continued to trend
down.
In November, small–business owners reported
a decline in average employment per firm of 0.58
workers during the prior three months, a substantial improvement from May’s record loss of 1.26
workers per firm, but still a loss of jobs, according
to the National Federation of Independent
Business.
“I don’t think businessowners will make a
commitment to add people — additional overhead
— until they know for sure that we are out of this
downturn,” Taylor said.
While the restraint on economic activity from
the financial shocks appears to be easing, any
realistic assessment of the economic outlook must
take into account prospects for conditions in the
credit markets, which will be a critical element in
shaping the recovery, Duke said in her speech to
businesspeople in North Carolina.
Total loans on banks’ books fell at an annual
rate of more than 11 percent during the third
quarter of 2009, will all major loan categories
contributing to the decline, according to the
Federal Reserve.
Even though community banks with less than
$1 billion in assets hold only 12 percent of all bank
loans, they have made 40 percent of all small–
business loans currently outstanding, says a report
by the Independent Community Bankers of
America. These community banks make the
majority (58 percent) of all small–business loans
less than $100,000.
“Community banks relate to small businesses
because they are small businesses,” said Taylor,
who was with Barnett Banks in Brevard for years
before stepping into the entrepreneurial ranks at
Community Bank of the South.
“Community bankers understand cash flow.
They deliver personalized service to their customers. At Community Bank of the South, we not only
Bill Taylor is the founding president and CEO of Community Bank of the South,
which recorded its second best year in 2009. The bank, with branches in Merritt
Island, Cocoa, and Rockledge, opened in 1999 and has developed a growing
niche in the small–business market. Taylor says Community Bank of the South
is a conservative institution that knows its client base.
give our clients advice on the best loan but also talk to them about
marketing and other strategic areas of business. We provide a lot of
value–added services, much like a business–consultant role,” he
added.
While large financial institutions have developed a sales culture
throughout their organizations, the typical community bank has not
yet taken that road.
“Most community banks are not commission–structured organizations. A community banker’s goal is not to get a deal done or sell a
particular product; he or she wants to do what’s best for the client.
And that is why, I think, most community banks have done a very
good job of meeting the needs of the local community,” he said.
Taylor said Community Bank of the South is looking forward to
another profitable year. “Hopefully, our profit in 2010 will top last
year’s performance. We expect another strong year. We see some
positive signs.”
JANUARY 18, 2010
BBN
BUSINESS
One Senior Place in Viera to present ‘Senior Financial and Legal
Options Day’ Jan. 22 — experts to make wide range of timely
presentations, including an overview of the financial markets
By Ken Datzman
VIERA — One Senior Place Inc., a unique
business that caters to the senior–services market
and was founded by area entrepreneur Don Kramer
in the late 2000s, will host its second annual “Senior
Financial and Legal Options Day” event from noon
to 5 p.m. on Friday, Jan. 22.
One Senior Place, an award–winning business, is
at 8085 Spyglass Hill Road. This is one of six themed
senior events the business puts on free of charge
during the year.
“It’s an information–only event and there will be
a wide variety of businesses represented,” said
Kramer, chief executive officer of One Senor Place.
“We thought with our reputation and track record in
the market, One Senior Place could bring together
experts to provide important financial and legal
information to seniors and others. We recently
hosted a seminar on fraud for seniors and it was a
big success. This is part of our mission, reaching out
to the senior population and family caregivers
providing key information.”
More than three–quarters of older Americans are
concerned that financial scams will damage their
retirement “nest eggs” or those of someone they
know, according to a new survey conducted by AARP
and the North American Securities Administrators
Association, an organization devoted to investor
protection.
Shawna Kelsch, One Senior Place marketing
director, said the Jan. 22 program will help educate,
enlighten, and inform attendees on critical issues in
senior care.
“A lot of baby–boomers and other people are in
the retirement planning stages and are looking at
what their options will be down the road. At this
event, they will have the opportunity to ask questions and learn from the providers and other experts
in their fields,” she said.
Attendees will learn about long–term care
insurance and a host of other timely topics that
seniors face. These are issues that One Senior Place
deals with on a daily basis. The business has
revolutionized the way residents shop for elder–care
services.
“We are a resource for the senior community.
Anytime someone needs assistance and advice about
senior services, we are here for them. One Senior
Place conducts from 100 to 120 consultations a
month and they are free of charge,” Kelsch said.
Senior Financial and Legal Options Day will kick
off with a “Market Overview” at 12:30 p.m.
Whittaker and Cooper, a local certified public
accountant and financial–services firm with offices
JANUARY 18, 2010
at One Senior Place, is bringing in a respected, Vero
Beach–based analyst to talk about market conditions.
At 1:45 p.m., representatives from Whittaker and
Cooper will make a presentation on “Proper Trustee
Selection.” The discussion will address why it is
important to designate a third–party trustee outside
the family to help navigate the process.
Attorney William Johnson will talk on “Planning
for the Unthinkable” at 3 p.m. He runs William A.
Johnson, P.A., Attorneys at Law. The firm specializes in elder law, Medicaid, and estate planning.
Johnson’s presentation will focus on how to plan for
long–term care and how to pay for it.
The event will close with an “Expert Panel”
discussing key issues facing seniors today. The panel
begins at 4:15 p.m.
About 200 people participated in last year’s
Senior Financial and Legal Options Day program,
said Kelsch. “For this event, the building is set up
much like a vendor show, with table–top displays.
People can walk around and talk to the different
businesses and their representatives.” The reservation deadline for vendors is Jan. 18 (call 751–6771
for details).
One Senior Place, which is run by the husband–
and–wife team of Don and Beth Kramer, will mark
its fourth year in business next month. One Senior
Place is a new–concept business that provides
information, events, and direct access to providers of
senior products and services, all under one roof. The
venture was launched with a U.S. Small Business
Administration 504 loan. “We put up our life’s
savings to start the business,” Don Kramer said.
He said One Senior Place is “doing very well. Our
business model, essentially, centers on being a
highly specialized marketing company for senior–
services businesses. That’s how we make our money.
We don’t charge for the services that we provide
directly. All of our revenues come from rents,
advertising, vendor tables, and so forth.”
During the past 12 months, One Senior Place has
seen roughly 18,000 people come through its doors,
said Kelsch, who has background in publishing and
marketing. “We average about 300 people a week.
The number has grown by about 30 percent over the
last two years.”
Don Kramer said increasing numbers of businesses are embracing One Senior Place because
“marketing to seniors is extraordinarily challenging.
Most people do not know how to do it. We think we
understand it better than some. We offer something
that is unique. There is not another business of this
kind in the nation.”
The 13,000–square–foot center is a cross between
a professional office complex, a mini–mall featuring
One Senior Place on Spyglass Hill Road, a 13,000–square–foot facility, will host
‘Senior Financial and Legal Options Day’ Jan. 22. The event will bring together
experts in the seniors market to discuss key issues and provide information to the
public free of charge. Shawna Kelsch is One Senior Place marketing director.
Don Kramer is founder of the business. The vendor deadline to take part in the
event is Jan. 18.
senior–focused businesses, and a senior community center complete
with cutting–edge meeting and presentation facilities, as well as a
Senior Resource Library.
Businessman John Newton was the developer of One Senior Place
and provided end–to–end construction–management services for the
project. Don Kramer said Newton’s firm was responsible for coordinating every aspect of the project, including site location. Newton runs the
Newton Commercial Group in Melbourne.
The U.S. Small Busienss Administration named One Senior Place
its “Small Business of the Year” in 2007 for the state of Florida. The
Kramers were honored at an SBA event hosted at the White House.
Most recently, One Senior Place received the prestigious Florida
Governor’s Business Diversification Award for its civic leadership and
contribution to the state’s economic diversification and growth.
Locally, about 25 percent of the county’s population is over the age
of 60. Don Kramer said a lot of politicians are interested in his business
model for seniors because “it’s not government supported. Politicians
are well aware of the growing senior demographic across the nation.”
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Dana Kilborne is named CEO
of merged bank in the region
FBC Bancorp Inc. recently announced its intention to
merge its subsidiary banks, Prime Bank and Florida Bank
of Commerce (FBC).
“We are proud to announce our plans for the merger of
our two fine Central Florida banks,” said R. Van Bogan,
chairman of the FBC board of directors.
“Combining the resources of these two, well–established
banks is a natural progression in the maturity of the
company. We are also pleased to announce that Dana
Kilborne, Prime Bank president and CEO (in Melbourne),
will become the chief executive officer of the combined
bank.”
Kilborne said the “close geographic proximity shared by
FBC and Prime Bank will allow our clients to use any of
our six branches throughout Central Florida. We look
forward to continuing to deliver a high level of service to
our current clients and to further expand in the Central
Florida region with our outstanding bankers and the same
commitment that has built our brands.”
In addition to Kilborne as CEO of the combined bank,
Bogan will serve as chairman of the board, Craig Polejes
will serve as president and Ian C. Donkin will be the chief
financial officer.
BB&T promotes Debra Pavlakos
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BB&T in Melbourne has promoted Debra Pavlakos to
senior vice president. Pavlakos, who joined the bank in
2009, is a business–services officer in BB&T’s commercial
lending department. She is based at 1300 S. Babcock St.
The Rockledge native earned an associate degree in
business from Brevard Community College. Pavlakos is
active in civic affairs, serving on boards of the Economic
Development Commission of Florida’s Space Coast, the
Women’s Business Center, and Promise in Brevard. She
also sits on the advisory board of Health First/Leeza’s
Place and is a past board member of Circles of Care.
Stewardship workshop for area residents
The Barrier Island Center is offering a three–part
Coastal Stewardship Workshop for anyone interested in
learning more about sea–turtle ecology and conservation,
coastal ecosystems on the barrier island, beachfront–
lighting solutions, and dune restoration. The program will
be held from 10 a.m. to 12 p.m. on Jan. 23, Feb. 27 and
March 27 at the Barrier Island Center, 8385 S. Highway
A1A, in Melbourne Beach. Call 723–3556 to reserve your
space for the workshop. Participants who attend all three
workshops will receive a Certificate of Completion, 96 free
of charge sea–oat seedlings to plant at beachfront residences, and a certificate for a free Turtle Walk for two
people in 2010 (with advance reservations). These workshops are made possible through a grant to the Caribbean
Conservation Corp. from the U.S. Fish and Wildlife
Service. For more information about the event, send an e–
mail message to [email protected].
Brevard County Fair meeting in Cocoa
The Brevard County Fair Inc. will conduct a board
meeting at 3 p.m. on Monday, Jan. 27, at the Agricultural
Center, 3695 Lake Drive, in Cocoa. The board will discuss
the 2010 Brevard County Fair. For more information, call
the Cocoa Extension office at 633–1702.
JANUARY 18, 2010
BBN
DIGEST
Riverside Bank honors Moran
with ‘Hometown Hero’ citation
BAYSIDE LAKES — Riverside National Bank
awarded John Moran with its community–minded
“Hometown Hero Award.” Moran was recognized for his
“hard work and dedication” to the Pineapple Cove Academy students and families.
Riverside Bank’s Bayside Lakes team honored Moran
with a certificate, balloons and gifts. The team includes
Jennifer Crumpler, office manager; Shannon Johnson,
operations manager; and Felicia Cote, Riverside relationship manager.
The students and faculty of the academy wrote to
Riverside expressing why they felt Moran should win this
award. They wrote, “John Moran’s zeal for life is contagious and we believe he has never met a stranger.”
Moran and his wife Beth founded Pineapple Cove
Academy based on the principle of “providing quality child
care and education to the children of Palm Bay.” They’ve
created an environment where parents and children can
feel like they are at “home the moment they walk in their
doors.”
“John is an amazing individual and has given so much
to our community,” said Cote. “He is an inspiration to the
children and families around him, and we are proud to call
him a Riverside National Bank Hometown Hero.”
If you would like more information about the Pineapple
Cove Academy, call 723–8884 or stop by and visit the
school at 1785 Eldron Blvd.
Hip Chicks
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January 28, 2010
Rockledge Country Club
8:30 a.m. Registration
9-12p.m. Networking
Preregistration $35 until 1/15/10
Civil War camp to set up at Rossetter House
The Historic Rossetter House Museum and Gardens
will have a Civil War camp on its grounds from 10 a.m. to
4 p.m. on Saturday, Jan. 23. The facility is located at 1320
Highland Ave., in the Eau Gallie Arts District of
Melbourne. The program will be put on by the Confederate
Sons Association of Indian River Camp 47. For full details
about the event, visit www.rossetterhousemusuem.org, or
call 254–9855.
$45 after 1/15, if space is available
Orchestra to honor director Clair Christy
The Melbourne Community Orchestra will present
“The Power of Music — A Founder’s Farewell,” in concert
at 7:30 p.m. on Wednesday and Thursday, Jan. 27 and 28,
in the Melbourne Auditorium at 625 E. Hibiscus Blvd. The
guest conductor will be Clair Christy. He is the retired
director of the Melbourne Municipal Band, as well as
founder and director of the Swingtime Jazz Band and the
Melbourne Community Orchestra. After 25 years of
bringing music to Brevard County, he is moving to another
area to start a new musical endeavor. This concert is to
honor him for his service. The program will feature a wide
range of music, including Duke Ellington’s “Medley for the
Orchestra.” The featured performers will include De Onzell
Green, now starring at Disney World and noted for her
roles with the Orlando Opera Company and many
theaters, and Sally Hart, who for many years performed
with the Lawrence Welk Orchestra. The concert is free of
charge, but tickets are required. Call 952–9949 or visit
www.mcorchestra.com for ticket–outlet locations. The
auditorium doors will open at 6:30 p.m. on Jan. 27 and 28.
The Melbourne Community Orchestra is partially funded
by the City of Melbourne.
JANUARY 18, 2010
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One Senior Place to host new
Viera AARP chapter meetings
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One Senior Place, at 8085 Spyglass Hill Road, will begin hosting the new Viera AARP
Chapter 219 lunch meetings beginning Feb. 5. The kickoff event will feature a keynote
speaker and a complimentary lunch.
Meetings will be held on the first Friday of each month (except March, which will be on
Friday, March 12) from 11 a.m. to 2 p.m. Each meeting will feature an educational or
informational presentation, lunch, and time for fellowship and networking.
Seniors aged 50 and older who are current or prospective members of the AARP and
living in Central Brevard are encouraged to attend.
The board officers of the new chapter are: Richard Rossell, president and executive
director of We Help Brevard; Tara Wilson, vice president and client–service supervisor for
Rescare Home Care; Farah Sivolella, secretary and director of the East Central Florida
Memory Disorder Clinic; and Barbara McIntyre, treasurer and reverse–mortgage
consultant for Wells Fargo Home Mortgage
“We are thrilled to be introducing this new AARP chapter in the Viera and Suntree
area and look forward to growing the chapter by providing relevant information and
fellowship to the seniors in this area,” said Rossell.
For more information, visit www.aarp.org. One Senior Place opened in 2006 with the
idea of creating a conduit between aging consumers and the companies that serve them.
Census Bureau is hiring in Brevard County
The U. S. Census Bureau is now hiring nationwide for the 2010, with roughly 1,200 job
openings in Brevard County. These temporary, part–time jobs offer “good pay, flexible
evening and weekend hours up to 40 hours a week, and the chance to work near home.”
Workers are needed in almost every community. Call 1–866–861–2010 or visit
www.2010censusjobs.gov to learn more.
Tickets on sale for annual Chowder Cook–off
Those planning to attend the 25th annual Chowder Cook–off can purchase tickets in
advance and save $5. Pre–sale tickets are $15 and regular admission tickets (at the door)
are $20. This event, hosted by the Convention and Visitors Bureau of the Cocoa Beach
Area Chamber of Commerce, is scheduled from 6 to 9 p.m. on Friday, Feb. 5, at Cruise
Terminal 3 in Port Canaveral. Discounted tickets are available at the Cocoa Beach Area
Chamber (400 Fortenberry Road, Merritt Island), the Tourist Information Center (8501
Astronaut Blvd., Cape Canaveral), Brevard Zoo (8225 Wickham Road, Melbourne), Conch
Key Grill and Tiki Bar (6533 U.S. Highway 1, Rockledge), Crest Cleaners and Laundry
(all nine Brevard Locations), and at www.VisitCocoaBeach.com (click on link to buy
tickets), . The Chamber is still accepting restaurant participants, sponsors and silent–
auction donations for the event. Call 784–6444 or go to www.VisitCocoaBeach.com for
available opportunities. For additional information on the event or to become a Chamber
partner, visit www.CocoaBeachChamber.com.
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And we’re just warming up!
‘Valentine’s Day Storytime’ event at B&N
Barnes & Noble stores around the nation, including the West Melbourne location, will
host a fun “Valentine’s Day Story” event at 11 a.m. on Saturday, Feb. 6. Children of all
ages are invited to the celebration, with readings of favorite Valentine’s Day books, crafts
and edible treats. “Our first nationwide Valentine’s Day Storytime was a huge success last
year,” said Sarah DiFrancesco, director of community relations for Barnes & Noble. “We’re
featuring new titles and a fun card–making craft this year. We’re looking forward to
celebrating one of our favorite holidays with kids of all ages.” The event will begin with a
Storytime, with booksellers choosing favorite stories to read. Popular titles include “The
Legend of Lyla the Lovesick Ladybug,” and “Amelia Bedelia’s First Valentine” The store
will offer complimentary refreshments. The West Melbourne store is at 1955 W. New
Haven Ave.
See what else makes us unique at:
or call: 321-434-1815
"1,
F O U R L O C AT I O N S — O N E P R I C E :
Ê U Ê , , / / Ê - Ê U Ê * Ê 9 Ê U Ê 6 , Chamber to present ‘Romance is in the Air’
The Titusville Area Chamber of Commerce will present “Romance is in the Air” on
Saturday, Feb. 13, in downtown Titusville. The event will include carriage rides and
special romantic treats. Horse–drawn carriage–ride packages start at $25 per couple. All
package purchasers will enjoy performances from the Space Coast Orchestra, a romantic
courtyard setting, and dessert. Reservations can be made by contacting Gina at the
Titusville Area Chamber of Commerce at 267–3036.
JANUARY 18, 2010
DIGEST
BBN
Organizations reach out to military
at PAFB with ‘South Pacific’ tickets
The Lincoln Center Theater production of Rodgers & Hammerstein’s “South Pacific,” to
play at Brevard Community College’s Maxwell C. King Center for the Performing Arts
Jan. 19 through Jan. 24, will donate 50 tickets to soldiers and their families at Patrick Air
Force Base for every 100 tickets sold to the show in the month of January, as part of its
“Seats for Soldiers” program.
It has pledged to donate up to 400 tickets to the Air Force base during its one–week
run in Melbourne. Additionally, servicemen will be recognized at every show and one
deserving family will be treated to the “ultimate theater experience” with prime orchestra
seats on opening night, a VIP backstage tour and a “meet–and–greet” with the “South
Pacific” cast and crew.
“The King Center is extremely excited to partner with South Pacific on this wonderful
program, Seats for Soldiers,” said Steve Janicki, executive director of the King Center.
“South Pacific is based on the story of two U.S. servicemen, and with such a large military
base in the area, it made sense to give back to our local servicemen and provide them with
the opportunity to attend this American classic.”
The Rodgers & Hammerstein show is set on a tropical island during World War II. The
musical tells the sweeping romantic story of two couples — a. U.S. Navy nurse named
“Nellie Forbush” and French plantation owner “Emile de Becque,” and Navy airman “Joe
Cable” and a young, local native girl “Liat” — and how their happiness is threatened by
the realities of war and by their own prejudices.
Considered by many as the finest musical ever written, the score’s songs include such
classics as “Some Enchanted Evening,” “I’m Gonna Wash That Man Right Outa My Hair,”
“Younger Than Springtime,” “Bali Ha’i,” “There is Nothin’ Like A Dame,” “This Nearly
Was Mine,” and “A Wonderful Guy.”
Tickets for South Pacific start at $35 and can be purchased at the King Center ticket
office, 3865 N. Wickham Road, or at www.KingCenter.com. To charge by phone, call 242–
2219. Group orders for 20 or more may be placed by calling 433–5824.
South Pacific will play Tuesday, Jan. 19, through Sunday, Jan. 24. There will be
evening performances at 8 o’clock Tuesday through Saturday, as well as a Wednesday,
Saturday and Sunday matinee at 2 p.m.
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Habitat for Humanity ReStore expands hours
Habitat for Humanity of Brevard County Inc. has expanded the hours of operation for
its ReStore at 7815 Ellis Road, in West Melbourne. The new hours of operation are
Monday through Saturday from 8:30 a.m. to 4:30 p.m. The ReStore is a reuse facility that
supports the services provided by Habitat for Humanity of Brevard. It recycles overstocked, discontinued, new and used building materials and home furnishings donated by
manufacturers, stores, contractors and individuals. The ReStore is open to the public. The
income generated from the ReStore goes specifically toward expanding the building
program of Habitat for Humanity of Brevard County. For additional information about
the ReStore, call Dave at 728–4009, extension 117.
Women to host wedding–gown fashion show
The Holy Spirit Council of Catholic Women will present “A Step Back in Time,” a
fashion show of the replicas of wedding gowns that were worn as far back as 1811 and
wedding gowns from other countries. The event will take place at noon on Saturday, Feb.
13, at Holy Spirit Church Hall, 2309 Holder Road, in Mims. A luncheon is included for
$15. In addition to the fashion show and luncheon, there will be a display of memorabilia
from weddings of church members including dolls in bridal array. For reservations, call
Joyce Starrick at 269–4553. Limited tickets will be available at the door.
Titusville Chamber event set for May 1
The Titusville Area Chamber of Commerce will host “TitusNites Cruise–in” and an
“International Festival” from 2 to 6 p.m. on Saturday, May 1, at Sand Point Park in
Titusville. The Cruise–in is a show that will feature vintage, classic and modern cars, as
well as trucks and motorcycles. The event is free of charge. Vendor booths and sponsorships are available for the Cruise–in and International Festival. The Chamber is seeking
these countries or regions to be represented at the event: Italy, Ireland, Poland, Korea,
China and Sweden, as well as Latin America and the Caribbean. Contact Gina at 267–
3036 for more details on the Cruise–in or International Festival.
JANUARY 18, 2010
BBN
DIGEST
Board–certified gynecologist joins Health First
ABI
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Veterinarians who started
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Who are developing
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47000307 RJA ML/JD 04/07
Health First has announced the addition of one of the area’s most experienced gynecologists to the Health First Physicians family.
Dr. Carol Armon has been a member of the Palm Bay Hospital medical staff for seven
years. Board–certified in gynecology, Dr. Armon has more than 30 years’ experience and
previously was affiliated with Omni Healthcare in Brevard.
Originally from New York, Dr. Armon practiced for several years in Miami, caring for
patients at many of the area’s top hospitals, including Jackson Memorial Hospital, South
Miami Hospital, and Coral Gables Hospital. She also practiced in Jacksonville, Ala.,
before moving halfway around the globe to live in Israel for two years.
“We’re pleased to welcome Dr. Armon to Health First. Her distinguished résumé and
decades of experience will be a tremendous asset to our patients,” said Health First
Physicians President Dr. William Morgan.
Dr. Armon’s new office is in Suite 220 of Palm Bay Hospital’s Physicians Office
Building. Her phone number 434–8226.
Because of prior Omni Healthcare contractual obligations, Dr. Armon said she is
prohibited from seeing any of her former Omni patients or any patients of another Omni
physician until Oct. 31, 2011.
U.S. Dollar
Continued from page 1
arrangements,” according to the McKinsey report.
Overall, the net benefit to the United States is estimated at just $40 billion to $70
billion a year, or 0.2 percent to 0.5 percent of gross domestic product. And in a crisis year,
such as 2009, the benefits are even paltrier as the dollar becomes a safe haven, according
to McKinsey authors Richard Dobbs, Susan Lund, James Manyika, and Charles
Roxburgh.
The dollar surged 25 percent between April 2008, and March 2009, relative to a basket
of other major currencies. It has since fallen off that high–water mark, declining roughly
12 percent.
One way the U.S. benefits from the greenback’s reserve status is through what’s known
as seigniorage, or the interest–free loan that the U.S. government gets when it prints
money held overseas by foreigners. And, an estimated $400 billion worth of bills and coins
are held by foreigners, who use the money as an international form of exchange.
Second, because foreign governments are so ready to scoop up U.S. Treasuries, all
Americans can raise cheap capital, including governments, businesses, and consumers.
McKinsey estimates that this trend has kept U.S. borrowing rates 50 to 60 basis points
below where they would otherwise be in recent years.
But these benefits are almost cancelled out by some powerful negatives.
Put yourself in the shoes of an exporter, or a manufacturer of anything that’s heavily
exposed to foreign competition.
The global flood of cash into the dollar inflates the currency’s value, making U.S. goods
more expensive and everything the rest of the world produces much cheaper.
McKinsey estimates that the “safe–haven” effect alone may cost the U.S. economy
400,000 to 900,000 jobs as exporters and export–exposed industries take a hit.
Several studies have estimated that the U.S. dollar was anywhere from 5 to 10 percent
overvalued in 2008. Every 5 percent upward move in the dollar imposes a $30 billion
financial cost on Americans.
Consider the typical consumer. Yes, lower interest rates mean cheaper borrowing costs.
But those benefits flow largely to high income–earners.
Ordinary Americans are more likely to be savers. Lower interest rates mean they earn
less on bank deposits, bonds and the like. The result is that high income–earning young
people benefit, while lower–income retirees take the brunt of a higher–value dollar.
The tricky part of being the keeper of the world’s favorite currency is that what’s best
for your economy may not be what’s good for the rest of the world. Owing such massive
debts to foreigners has created obligations to the global financial system. Naturally,
foreigners want tighter monetary policy — higher interest rates — to protect the value of
their investment.
U.S. policy makers, on the other hand, may be content to continue with the status quo
for much longer in order to help create jobs and spur the recovery.
That’s the dilemma facing Federal Reserve chief Ben Bernanke and Treasury Secretary Tim Geithner in 2010 and beyond.
JANUARY 18, 2010
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kgda[algjko]j]àj]\lgjYak]l`]k]^mf\k&9[ghqg^l`]g^Ú[aYdj]_akljYlagfYf\ÚfYf[aYdaf^gjeYlagfeYqZ]gZlYaf]\^jgel`]
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CIA Developers
SPECIAL FOCUS
Continued from page 1
build an enterprise known today at CIA Developers, which
manages 1.2 million square feet of leasable office and
industrial real estate. CIA caters mainly to small businesses. More than 120 businesses operate from CIA–
developed facilities.
When he retired about 10 years ago, Cunningham sold
his interest in the company to his partners — Robert “Buz”
Anderson, who is the firm’s CEO; Bruce Ingram, president;
and his son Gary Cunningham II, vice president.
Cunningham died in 2008. In his memory, the partners
established the annual Gary R. Cunningham Entrepreneurial Award. The program is designed to assist up–and–
coming entrepreneurs in the region.
“Gary was always willing to reach out to help a small
business,” said Kendust. “He also was a good mentor to a
lot of small companies in the area. You can drive down
Ellis Road (in West Melbourne where CIA has office and
industrial facilities) and there are probably more than 20
companies that received help from Gary in some way in
getting their ventures started. With this award, we’re
keeping his entrepreneurial spirit alive.”
The Gary R. Cunningham Entrepreneurial Award is
accepting applications from any startup or early stage
company in the region. The application deadline is March
18. The award recipient and runner–up will be announced
May 3.
The winner will receive $10,000 in free rent at a CIA
Developers facility and a scholarship to the Technological
Research and Development Authority’s “Roadmap to
Success” workshop, a six–week series that hones the
principles of entrepreneurship. The TRDA Business
Innovation Center is in Melbourne.
The inaugural Gary R. Cunningham Entrepreneurial
Award winner, announced in May 2009, was Quix
Products LLC, founded by Travis and Theresa Peres. Quix
Products, which submitted its application through the
Florida Tech Women’s Business Center, developed a baby
bottle, with a patented flow valve, that makes feeding
quicker and easier.
The Quix bottle was a Gold Merit Award winner at the
2008 Invention & New Product Exposition tradeshow in
Pittsburgh, Penn. The event showcased more than 1,000
inventions from the U.S. and foreign countries.
Upon capturing the Gary R. Cunningham Entrepreneurial Award, Quix Products selected an office at CIA
Developers’ Perimeter Center in Melbourne, said Kendust.
The company moved into a 1,500–square–foot unit at the
center. “We built out the unit for them, which was in
addition to the award. They got a really nice suite with
signage.”
Quix Products also completed the workshop series.
Designed to assist new and developing companies,
“Roadmap to Success” provides owners with strategies for
growth and profitability. Entrepreneurs wishing to become
clients of the TRDA Business Innovation Center must
complete the workshop before being considered for
admission.
The workshop is tailored to address overall business
strategies. However, it is structured to solve particular
business problems, too. Workshop sessions are held once a
week.
Kendust said CIA Developers plans to expand the Gary
R. Cunningham Entrepreneurial Award package in the
future. “We would like to get some key business components involved, perhaps a CPA firm, a law firm and other
companies. We want to grow the award to a full business
package that really sets someone up to succeed.”
There are two ways to apply for the award: download
an application at www.CIA–Developers.com and submit it
to Kendust, or work through one of the area colleges.
Kendust’s e–mail address is rick@cia–developers.com, or
call him at 723–3400.
For applicants wishing to apply through their educational institutions, representatives have been established
with Brevard Community College, Florida Tech, the
University of Central Florida, and Embry–Riddle Aeronautical University. Each college representative is authorized
to submit a maximum of five applications to the Gary R.
Cunningham Entrepreneurial Award selection committee.
“By working closely with the schools in the area, we’re
hoping to capture some students who are set to graduate
and are looking to start their own business,” Kendust said.
“We would love to have some students apply for the award.
As we started to review the process, we realized that for
long–term success it was very important to open the funnel
and try to bring in entrepreneurial–minded students right
out of college.”
The contacts at the area colleges are: Vicky Peake,
Brevard Community College, Small Business Development Center, [email protected]; Dr. Robert Niebuhr,
Florida Tech, College of Business, [email protected]; Dr.
Tom O’Neal, UCF, Office of Research and Commercialization, [email protected]; and Shirley Fedorovich, Embry–
Riddle Aeronautical University, College of Business,
[email protected].
The Gray R. Cunningham Entrepreneurial Award
selection panel includes these seven area professionals:
Charlie Burr, ICP Inc., cofounder and vice president of
engineering; Joanne Corby, U Expansion Inc., founder and
president; Robert Good, a commercial lender who has
financed several startup companies with conventional
loans and loans through the Small Business Administration; and Don Laird, former president of Innovative Design
Solutions Inc. (in 2008, IDS was purchased by Texas
Instruments).
They are joined on the panel by Vince Lamb, Advanta
Technologies, president; Dr. Eugene Shepard, who served
as chief of neurology at Health First Holmes Regional
Medical Center, where he practiced neurology for 26 years;
and Chester Straub Jr., Technological Research and
Development Authority, executive director.
“From our point of view, it’s a strong panel. They were
handpicked by CIA Developers, but the members make the
final decision on the award selection. It’s not CIA’s
decision. We rely on them to pick the best company, the
best entrepreneur, among the applicants,” Kendust said.
Gary R. Cunningham was a community–minded,
optimistic capitalist who could envision future growth in a
market. He founded CIA Developers in 1981, when he
relocated from Daytona Beach to Melbourne. His first
commercial–development project in Brevard was
Melbourne Business Park, a 123,000–square–foot industrial complex and the first of its kind on John Rodes
Boulevard. It was a joint venture with an insurance
company. The industrial park was built as a “100 percent
speculative” venture.
Later, he developed Fortune Place Business Park in
West Melbourne, a 10–building campus with more than
150,000 square feet. CIA, like other developers, got caught
in the real–estate downturn when the economy turned
sour and Fortune Place took longer to complete than had
been anticipated. From 1987 to 1991, commercial real–
estate developers faced a bear market.
In a March 13, 1995, interview with “Brevard Business
News,” Gary R. Cunningham talked about Fortune Place,
which was fully developed and leased in 1995: “It should
have been a three–year project. But the recession hit in the
middle of it, and my choice every morning was to sit and
pay for dirt I wasn’t getting any use out of or take a shot at
building a building, with already more than 1 million
square feet sitting vacant on the market. So I had about a
four–year hiatus in there.”
Commercial real–estate developers, he said, must be
prepared to ride the roller coaster of a cyclical industry. In
2010, area developers and commercial real–estate
professionals are hoping to see improvement in the local
market. “If the tail end of 2009 is any indication of how
2010 will be, in comparison to the market conditions of the
past two years, we’re excited,” Kendust said.
“As a company, we continue to see spurts in the market,
and each spurt is consistently a little larger than the
previous one. The fourth quarter has been the most
sustained in terms of leasing activity, and it’s not just
businesses seeking 1,200 square feet or 2,000 square feet.
We are finally starting to see interest from businesses with
10,000– to 15,000–square–foot needs. In our opinion, that’s
a great sign, when someone is willing to bet on the future
business environment. There is optimism. And that is
what capitalism really thrives on,” Kendust added.
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January 18, 2010

Transcription

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