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July 20, 2018

Business Florida 2018 - The Regions

Breaking New Ground

| 9/22/2017

East Central

ECONOMIC ACTIVITY (continued)

Business Services

LAKE MARY The Institute of Internal Auditors (IIA) is adding 30 jobs to its staff of 200+ as it consolidates operations under one roof in Lake Mary. IIA is the internal audit profession’s most widely recognized advocate/educator, serving more than 185,000 members worldwide.

MAITLAND ADP, a global provider of cloud-based business outsourcing services, analytics and compliance expertise, expects to create 500 jobs within six months of opening offices in Orange County and a total of 1,600 positions in all.

LAKE MARY CardWorks Servicing, a provider of operational support and portfolio management to credit card issuers and installment lenders, will open its third U.S. operational center in Seminole County, creating approximately 240 jobs over two years. CardWorks is headquartered in Woodbury, N.Y., and has 1,200 employees nationwide.

ORLANDO Asurion, a Nashville-based insurer of mobile devices, opened a call center here in fall 2016 with 350 new employees and plans to hire another 200 in 2017.

Key Players

ADP | Maitland
Convergys | Lake Mary
Deloitte Consulting | Lake Mary
Verizon | Lake Mary

In May 2017, professional services firm KPMG broke ground in Lake Nona on its Learning, Development and Innovation Center that is expected to create 80 jobs. Target completion date: late 2019.

 

Tourism

ORANGE COUNTY Orlando hosts five of the world’s top 10 theme parks; in 2017, the world’s largest theme park association will make its home here too. The International Association of Amusement Parks & Attractions is relocating from Virginia, bringing 40 jobs and a commitment to hold its global conference and trade show at the Orange County Convention Center through 2030. The week-long convention draws more than 28,000 attendees.

ORANGE COUNTY Disney’s Magic Kingdom remains the most visited theme park in America with just under 20.4 million visitors in 2016. At Universal Studios Orlando, attendance was up 4.3% to just under 10 million; its sister park, Islands of Adventure, registered 9.4 million visitors in 2016 for a gain of 6.5% over 2015. Recent developments:

• Universal’s Volcano Bay water park and a ride based on NBCUniversal’s “Tonight Show” opened in spring 2017. Coming in 2018: the long-awaited "Fast and Furious" ride and the 600-room Aventura Hotel.

• At SeaWorld Orlando, the shark-themed “Mako” roller coaster helped push attendance over 4.4 million. Planned for 2018: a tropical rainforest-themed section with a river rapids ride featuring a 40-foot drop.

Key Players

Darden Restaurants | Orlando
Rosen Hotels & Resorts | Orlando
Wyndham Vacation Ownership | Orlando

The Kopiko Wai Winding River at Univeral's Volcano Bay

 

Technology / R&D

KISSIMMEE Belgium-based nanoelectronics research center IMEC has opened imec Florida in collaboration with BRIDG, an Osceola County-based advanced manufacturing facility, to provide photonics and high-speed electronics integrated circuit design solutions for companies seeking to develop/manufacture innovative products for the health care, aerospace, security and transportation industries.

ORLANDO Granite Communications has opened an office in Orlando and is expanding operations in West Palm Beach; 100 new jobs are anticipated. Granite provides communications products/service in the U.S. and Canada.

ORLANDO Digital technology firm Arrow Sky Media is relocating its international headquarters from Nashville to Orlando’s Creative Village, a 68-acre mixed-use destination where high-tech companies are beginning to cluster. The world-class animated entertainment creator plans 114 jobs.

ORLANDO Orlando’s reputation as an emerging growth city for startups and innovative technologies has led financial tech startup Finexio to relocate its headquarters from Silicon Valley. Finexio’s smart B2B network helps corporations eliminate and convert paper checks to electronic formats.

Key Players

EA Tiberon | Orlando
Veritas Technologies | Lake Mary

Tags: Business Florida

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