Madico Acquisition of Solamatrix Brings Jobs to Pinellas

Madico Acquisition of Solamatrix Brings Jobs to Pinellas Madico‘s recent acquisition of St. Petersburg, Florida manufacturer Solamatrix, Inc. will result in growth for the company and will create over 60 new, high-wage jobs in Pinellas County, while retaining the existing staff of 52 employees.  Rob Comeau, Madico’s Director of Marketing, states, “The acquisition of Solamatrix…

CRA Expands Grant Program Eligibility Areas

CRA EXPANDS GRANT PROGRAM ELIGIBILITY AREAS Offers businesses & property owners more help during recession DELRAY BEACH, Fla.—The Delray Beach Community Redevelopment Agency has expanded the eligibility areas of two of its grant programs to offer more incentives for exterior property improvements throughout a larger portion of the city. At a meeting held on Thursday,…

Around the Capitol: Governor Scott criteria for economic development programs

Around the Capitol:  Governor Scott will look at several criteria in determining whether an economic development program is created or retained: 1)  How will it work with traditional  “community development” programs, and 2) What is the return on investment? Has anyone out there ever found a way to measure the impact of economic development programs (other than…