Thursday's Afternoon Update
What you need to know about Florida today
Clearwater’s Tech Data becomes Florida’s largest company
Tampa Bay’s Tech Data Corp. closed its fourth quarter as Florida’s largest company fueled by a 40 percent surge in sales compared to 2016. Its $36.8 billion in annual sales is thanks largely to the Tech Data’s acquisition from Avnet, Inc. which pushed the company into Asia for the first time in February 2017. More from the Tampa Bay Times.
» Current financial information from Tech Data (statement)
» Previously, from Florida Trend: 350 biggest companies in Florida, public and private
Florida nonprofit legal clinic hires Puerto Rican attorneys displaced by Hurricane Maria
The Puerto Rican Bar Association of Florida has opened a nonprofit legal clinic focused on providing legal services to Puerto Ricans who have settled in Florida after fleeing Hurricane Maria—and the clinic is employing displaced Puerto Rican attorneys. More from the ABA Journal.
Norwegian Cruise Line to build new Miami terminal
Norwegian Cruise Line is set to build a new landmark terminal at PortMiami. Set to open in fall 2019, the new terminal features three giant arcing see-through domes that are touted by the company as a “pearl” on the Miami horizon. See the company announcement here, and read more at the South Florida Sun-Sentinel.
Florida ranked fifth in nation for development in 2017
Commercial real estate’s contribution to the nation’s economic and employment growth soared in 2017. Florida excelled, too, ranking fifth among states in commercial real estate development, behind Texas, California, Pennsylvania and New York. More from the Sarasota Herald-Tribune.
St. Johns River deepening on hold for weeks
A month after a contractor began scooping the bottom of the St. Johns River for a deepening project that was years in the making, the dredging barge is nowhere to be seen. The contractor has moved the equipment to a job elsewhere, temporarily halting the deepening in Jacksonville. More from the Florida Times-Union.
The not-fake media
The media continue to evolve and consolidate, as do all businesses. This month’s issue of Florida Trend features two pieces on new media. One highlights four YouTube stars from Florida; the other focuses on rising online publisher The Penny Hoarder. All are amazing success stories.
South Florida 6-year-old running successful lemonade business
When life gives you lemons … you make lemonade, and that’s exactly what one 6-year-old boy is doing. Braydon Burton is the owner of a lemonade business. The junior lemonade mogul caught the attention of Reginald Noralus, general manager of House of Mac, which now has a partnership with Braydon and is carrying his product.
In case you missed it: