March 2, 2024

Northwest Florida Roundup

Pining for Change

Pine trees, once a source for polluting paper mills, fuel clean energy.

Carlton Proctor | 1/26/2018

Business Briefs

CRESTVIEW — L3 Crestview Aerospace, an aeronautical manufacturer that employs some 500 people at its facilities in north Okaloosa County, is searching for a buyer, says company spokesman Lance Martin. The Crestview plant manufactures parts and performs maintenance on commercial and military aircraft.

DESTIN — The Destin City Council has approved issuing proposals to solicit a buyer for its electric utility system. Before a sale can be executed, the city would have to buy the system from Gulf Power, says City Attorney Jeff Burns. The city entered into a 30-year franchise agreement with Gulf Power in May 1986. After several extensions, that contract will expire in May 2018.

PENSACOLA — The long-vacant Pensacola Technology Campus, a nine-acre property near the downtown core, is attracting the interest of the University of West Florida. UWF has submitted an application to Triumph Gulf Coast for $27.5 million to build a 70,000-sq.- ft. facility that would house the Cybersecurity Innovation Center and the Advanced Manufacturing Laboratory. Triumph is the non-profit foundation the state set up to award $1.5 billion of BP funds to the eight coastal Panhandle counties most affected by the 2010 Deepwater Horizon oil spill. Bill Hafner, president of Mobile-based VT Mobile Aerospace Engineering, says he has set a goal of hiring 12 recent grads from Escambia County School District’s new aviation maintenance technical school. VT Mobile is expected to begin aircraft maintenance operations this spring at its new hangar facility at Pensacola International Airport.

TALLAHASSEE — The Tallahassee Chamber of Commerce’s board has asked city commissioners to consider creating an independent authority to manage Tallahassee International Airport.

  • City officials say 2,000- plus residential and business customers have subscribed to its new $33.2-million, 20-megawatt solar farm. The 120-acre farm, still under construction on the land adjacent the Tallahassee International Airport, is expected to go on line early this year.
  • Zagster, a national bike-sharing company, plans to bring 250 bikes and 50 holding stations to the capital city early this year. Tallahassee’s population density and lack of an existing bike-sharing program, says company spokesman Jon Terbush, make it a viable candidate for the installation. Headquartered in Cambridge, Mass., Zagster has more than 200 bikesharing locations in 35 states.

Players

  • Susan Cornejo is the new COO for Sacred Heart Health System in Pensacola. Cornejo has served as CFO at Sacred Heart for the past four years. Prior to joining Sacred Heart, she was with St. Vincent’s Health System in Alabama.
  • Ken Ford, co-founder and CEO of the Florida Institute for Human & Machine Cognition, has been inducted into the Florida Inventors Hall of Fame.

Innovation: Power of Knowledge

Pensacola-based startup Invictus Knowledge Institute is a non-profit offering information technology training and job opportunities to economically disadvantaged people in the region.

Founded in 2017 by CEO Vickie Patterson, Invictus offers a variety of courses that begin with a four-month instruction in business technology fundamentals.

“To help our students with internships and/or job placement, we base our curriculum decisions on direct input from employers,” Patterson says. “We provide 100% of our students with direct access to our internship/job networks.”

So far, Invictus has arranged internships with VetCV, a local software company, Pensacola-based military contractor CSRA and Maryland-based RedLine Performance Solutions.

The program has several pricing levels and provides scholarships.

Invictus recently won a $5,000 competitive award from Innovation Coast, a non-profit consortium of northwest Florida businesses promoting entrepreneurial startups, and AppRiver, a Gulf Breeze-based cybersecurity firm.

 

See other stories from Florida Trend's February issue.

Get Florida Trend's February magazine – print or digital. Select from these options:

EXISTING
DIGITAL
SUBSCRIBERS

Access Article Now!

DIGITAL
SINGLE
ISSUE

Get a single DIGITAL copy of this issue

$4.95

PRINT
SINGLE
ISSUE

Get a single PRINT copy of this issue

$4.95
plus $3 postage & handling

PRINT SUBSCRIPTION

One year in PRINT

$14.98*
plus a FREE gift!

DIGITAL SUBSCRIPTION

One year DIGITAL

$14.98*
plus a FREE gift!

ALL ACCESS SUBSCRIPTION

One year Combo
PRINT + DIGITAL

$24.95*
plus a FREE gift!


CURRENT  PRINT  SUBSCRIBERS

If you are already a print subscriber,
ADD DIGITAL EDITION ACCESS
to your existing subscription here!
(or call our office at 727-892-2643)

* offer valid for new subscribers only

Tags: Northwest

Florida Business News

Florida News Releases

Florida Trend Video Pick

Florida Strawberry Festival kicks off
Florida Strawberry Festival kicks off

The Florida Strawberry Festival runs through March 10 in Plant City.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Are you better off financially than you were one year ago?

  • Yes
  • No change
  • I am in a worse financial situation
  • Unstable finances/On shaky ground

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.