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Wednesday's Afternoon Update
What you need to know about Florida today
How America fell out of love with orange juice
America has fallen out of love with orange juice. + Sales dropped almost every year for the last decade. Last year, orange juice sales hit their lowest level in at least 15 years, according to Nielsen. Over the same period, per-capita consumption fell roughly 40%. And this year is looking to be another rough one for big orange. More at Quartz.
Florida sales take off at Singapore Air Show
While Florida aviation and aerospace parts suppliers as well as maintenance and repair companies expect to make millions in sales from their just-completed visit to the Singapore Air Show, this year’s financial outcome isn’t as high as in previous years. More at Miami Today.
Big new 'Villages'-style project may be in the works
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Real Estate Reversal in Northeast Florida
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The aging U.S. population is a key ingredient in the St. Joe Co.’s vision for its landholdings in Bay and Walton counties. St. Joe wants to expand its West Bay Sector Plan to 50,000 acres to the west, including 12,000 in Walton County, to build pocketed retirement communities similar to The Villages in Central Florida. More at the Panama City News Herald.
Rebounding economy sparks Vista Business Park
Commercial real estate developer Steven McCraney wishes he had pulled the trigger sooner on construction at the Vista Business Park near West Palm Beach. Buoyed by the rebound in the commercial market, McCraney Property Co. will break ground in the next few weeks on 100,000 square feet of warehouses on seven acres. More at the South Florida Sun-Sentinel.
When it comes to employee engagement, career coaching beats a free lunch
Offer employees free lunch and you will see a stampede into the lunchroom. But ask those same workers if they feel engaged and you will discover perks are not enough to keep them loyal or inspire them to put in extra effort on the job. More at the Miami Herald.
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Business Profile
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