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Economic yearbook 2010
Southeast Fla. Yearbook 2010
The question is how to accelerate job growth.
Boca Raton
Boca Raton largely missed the overbuilding boom and bust. It also has a powerhouse business lineup, from startups to large employers in tech (IBM, Siemens), finance (Sun Capital) and headquarters (Office Depot, National Enquirer-owner American Media, appliance maker Jarden Consumer Solutions, Tyco, ADT and Sensormatic). But it’s not immune to trouble. Irving, Texas-based Nokia Siemens Networks will shutter its Boca site by year-end, eliminating 300 jobs, as it restructures its internet-based phone services business.
Business to Watch
» Florida Atlantic University wants to open the state’s newest med school in 2011, replacing a 5-year-old program under which students earn University of Miami med degrees through classes held at FAU. Students also will be able to go for a joint M.D.-Ph.D. program offered with Scripps Florida. Meanwhile, FAU has a new president, Mary Jane Saunders, former provost at Cleveland State University, replacing Frank Brogan, who became chancellor of the state university system.
Person to Watch
» Ken Schwartz, 43, plans to add between 80 and 100 employees by year-end to the current workforce of 42 at CityTwist, his company that sends electronic direct mail advertising targeted by ZIP codes.
Who’s Hiring
» RoboLabs, a Pensylvania company relocating to Boca Raton, plans to hire 16.
» GeoGlobal Parnters, a New Jersey outdoor living products company relocating to West Palm Beach, expects to hire 100 in the next three years.
» Sikorsky’s West Palm Beach facility plans to hire about 80 this year.
