October 26, 2014

Friday's Daily Pulse

What you need to know about Florida today

| 11/22/2013

› Info Tech Brings Local Solutions to National Problems
Info Tech, Inc. was established in 1977 by University of Florida professors James McClave and Thomas Rothrock. Now, Info Tech has 240 employees and 44 of the 50 U.S. state transportation agencies use its software to manage road construction projects, according to Info Tech marketing manager Valerie Riley.

› Jabil cuts 670 jobs in Hungary as it winds down BlackBerry business
Jabil Circuit is cutting 670 jobs in Hungary in December, leaving the St. Petersburg-based contract electronics manufacturer with about 8,000 workers in the Eastern European country. The company said the pullback was a direct result of its decision to sever its relationship with troubled smartphone maker BlackBerry.

› Activist investor hires advisers to push change at Darden
An activist investor group said Thursday it has hired advisers to help it push for changes in Orlando-based Darden Restaurants. Barington Capital Group LP said in a news release it has retained investment bank Houlihan Lokey to undertake an independent review of its recommendations for Darden, which owns Olive Garden, Red Lobster and other chains.

› Legoland Florida unveils plans for new hotel
Legoland Florida is taking the next step in making itself a multi-day destination with plans for a new four-story hotel property. The Lego-themed hotel will be located on-site at the park, which opened in 2011.

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