April 25, 2024

Southeast: Seizing Opportunities

Creative thinkers build on region's strengths to support new sectors and forge a prosperous future.

Jeff Zbar | 9/24/2009

BROWARD COUNTY


“We found Broward was the best pool of engineers without going to Silicon Valley.”

— Frank Peake, left, with JR Thelemaque
xG Technology, Sunrise
[Photo: xG Technology]

Transformation breeds growth: Business in Broward continues to thrive under the mantra of “transformation.” Building on the 2008 debut of its Excellerate Broward and CEO Council programs designed to lure corporate relocations, county leaders have seen growth in several sectors. W Hotels Worldwide opened its 23-floor, 517-room W Fort Lauderdale in 2009. And Nova Southeastern University has ramped up programs in nursing, pharmacy, physician assistant and occupational and physical therapy to meet local demand for skilled healthcare workers. The Fort Lauderdale-based university plans to open a branch in Palm Beach County near Scripps Florida and Max Planck Institute of Bio-Imaging.

Biofuels take off: When Craig Ash looks at the 10 idle molasses tanks at Port Everglades, he sees opportunity. As vice president of Brazil-based Cepemar World Renewable Fuels, Ash is overseeing the company’s $30-million bid to rehab the tanks and convert them into storage devices for its sugarcane-based ethanol, biodiesel and biofuel imports. His hope is for a future distribution hub to service the Southeast. “You can draw a direct line between the northern coast of Brazil and the Southeast U.S.” he says. “It makes geographic sense for Cepemar to be here based on the location.”

Communications cluster: Sarasota-based xG Technology Inc. is the latest company to find a home at the burgeoning wireless communications cluster in Sunrise. Canada’s Research in Motion, Hong Kong computer and electronics manufacturer Foxconn International Holdings and General Dynamics C4 Systems already have facilities here. The appeal is a ready pool of workers with the ideal brain-power to create xG’s low-cost mobile broadband networks, says Frank Peake, deputy COO. “We found Broward was the best pool of engineers without going to Silicon Valley.” Another plus is the proximity of Florida Atlantic University; xG uses FAU interns and taps its courses for technical training.

Tags: Southeast, Business Florida

Florida Business News

Florida Trend Video Pick

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.