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Tuesday's Daily Pulse
What you need to know about Florida today
› Clearwater’s MarineMax buys Wisconsin yacht builder for $63 million
After posting another record-setting quarter of revenue, MarineMax is expanding. The Clearwater yacht and boat retailer has purchased Wisconsin yacht manufacturer Cruisers Yachts for $63 million, the company announced over the weekend. The deal includes a planned 216,000-square-foot plant in Pulaski, Wisconsin.
› Florida PTA, PhRMA announce $110K grant for STEM education
The Florida PTA is set to receive a $110,000 STEM Pipeline educational grant from the Pharmaceutical Research and Manufacturers of America (PhRMA) to support 20 Florida school’s STEM curriculum initiatives. The grant, announced Monday, will be used to help teachers throughout Florida with a passion for STEM deliver core concepts through a specially crafted curriculum and project-based learning.
› A ‘huge influx’ of luxury home sales in Northeast Florida
While homes of all price ranges are selling quickly, luxury properties are moving faster than ever. According to the Northeast Florida Association of Realtors, 78.8% more homes, condos and town houses priced at $1 million or higher sold in March compared with the same period in 2020.
› A self-admitted ‘bad guy’ ran a $21 million investment fraud in Miami, feds say
A federal indictment says Miami’s Larry Ramos Mendoza, managing member of The W Trading Group, told an investor in the company, that “he was a bad guy and had made some mistakes and bad investments.” Prosecutors agree about the bad guy part. That’s why the indictment in Miami federal court charges Ramos with one count of conspiracy to commit wire fraud and five counts of wire fraud in running a $21.9 million Ponzi scheme from 2013 through 2020.
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