Economic yearbook 2009
Hard decisions -- striking a balance between services and taxes.
"The healthcare sector both locally and statewide continues to be the sole industry that generates jobs at a steady pace." — Kimberly Moore, CEO, Workforce Plus Regional Workforce Development Board
Tallahassee / Leon County
|See population, income and job statistics from this region.
The real estate and construction sectors are less upbeat: Leon County single-family home sales for 2008 dropped to the lowest level since at least 1996. And the county schools system is grappling with budget cuts that could hit $16 million and may prompt the district to close some schools.
Chris Rey’s Tai Yang Research in Tallahassee makes equipment that helps keep ships safe from mines. [Photo: Mark Wemple]
Business to Watch
» Brandt Information Services in Tallahassee, a 24-year-old information technology company, increased sales by 10% last year and added 20 employees; 100 now work there. Owners John Thomas and Richard Wise expect to add another 20 to 25 employees this year. “Brandt is thriving because we help organizations and individuals succeed, which has proven especially relevant in this economic environment,” says Wise. “Technology, if executed properly, increases efficiency and promotes organizational and economic growth.” Among Brandt services: IT projects and staffing, mobile solutions and labor market research.
Person to Watch
» Chris Rey, president of Tai Yang Research Co., and his five full-time employees — all graduates of Florida State University, where Rey received a doctorate in physics — landed their biggest government contract award to develop high-temperature superconducting equipment for the U.S. Office of Naval Research. The equipment will lessen ships’ vulnerability to magnetic mines. Tai Yang’s revenue was up more than 50% last year.