Wednesday's Afternoon Update
Alico buying three Florida citrus producers for $363 million
Alico Inc. is buying three Florida citrus operations for $363 million. The biggest of the deals is the $274 million acquisition of Orange-Co. LP. Alico is also buying Silver Nip Citrus for $72 million and Gator Grove for $16.6 million. Combined, the deals include almost 28,000 acres of land. Alico, a Fort Myers company, says the acquisitions will make it the largest citrus producer in the country. Read more at the Wall Street Journal and the Tampa Bay Times. The full press release from Alico Inc. is here.
Private sector job creation misses target
private employers added 208,000 jobs in November, falling short of economists' expectations, a report by a payrolls processor showed on Wednesday. Read more from Reuters and CNBC and see the full report from ADP.
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Out of the Box
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Made in Florida: Orion is a first for Kennedy production
The Orion space capsule that is prepped for launch Thursday morning is a unique first in many ways for Kennedy Space Center, and for Florida. It’s the first real launch test for a new generation of manned space vehicles. It’s the heaviest launch planned in years at Cape Canaveral, drawing more tourists than any recent event. More at the Orlando Sentinel.
Employer wellness programs with incentives draw federal scrutiny
Do it or else. Increasingly, that's the approach taken by employers who are offering financial incentives for workers to take part in wellness programs that incorporate screenings that measure things like blood pressure, cholesterol and body mass index. More from Kaiser Health News.
Miami names next big development pocket
As the Wynwood Arts District flourishes, and the Design District shines, what other areas of Miami are destined to be reborn by an influx of capital and creativity? More at Miami Today.
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Arts Business
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