INVESTOR NEWSLETTER - FEBRUARY 2012
Web.com Announces New Jobs for Jacksonville
Last month Web.com announced its plans to create more than 200 jobs in the Jacksonville region. Mayor Alvin Brown, JAX Chamber Chair Tom Van Berkel and City Council President Stephen Joost were on hand to help David Brown, CEO, and the company celebrate this great announcement.
Web.com is the largest website developer in the country and gives energy to our growing IT industry. With its most recent acquisition of Network Solutions, the company is adding resources in Jacksonville to accelerate its outreach for the nearly three million customers it now serves. Web.com has tripled its sales volume with the acquisition of Register.com in 2012 and Network Solutions in 2011. The company has increased its Jacksonville employee base by 10 percent in just the last two months, bringing its total employment in the region to almost 500.
Read the press release
Embraer Update
You may recall that Embraer, and its partner Sierra Nevada Corp., selected Jacksonville as the site to build military airplanes for the Air Force. The company that lost the bid has filed suit with the Air Force and we are awaiting a decision that the Air Force followed the correct procedure in selecting Embraer, and eliminating Hawker Beechcraft Corp.
We are working diligently through our Congressional delegation to stay on top of the process and anticipate a positive outcome on the Air Force’s contracting process and then hope to move forward quickly so that Embraer can begin manufacturing as soon as possible.
Mayor Alvin Brown wrote an editorial in support of Embraer and Sierra Nevada Corp., and we will be taking other steps to ensure that this airplane is able to be built in Jacksonville and moves forward at the earliest possible date. Stay tuned for more information on this project.
Nassau County Announces New Project
ALM Technologies, a high precision aerospace manufacturing company, will move its operations from Georgia to Nassau County. The company will create 30 new jobs and make a substantial capital investment in the county. ALM Technologies provides products to major aerospace suppliers in support of commercial and defense contracts.
Read the full story
Shahid Khan Addresses JAXUSA Lunch, Deutsche Bank Receives Industry Leader Award
More than 1,000 business leaders from across the region attended JAXUSA's first quarter lunch that featured Shahid Khan. Khan discussed his business career and how joining the NFL ownership has changed his life. Khan then held a Q&A session where he answered questions pertaining to the Jacksonville economy, entrepreneurship, the Jaguars and expanding opportunities for our region. Khan said he wants to become Jacksonville's number one salesman and is committed to making sure our region gets its "fair share of the economic prize" that is around the corner. He is dedicated to seeing the Jaguars win on the field, but also off the field as well by using the brand in ways it has not been used before. He is a strong proponent for entrepreneurs and believes they are the backbone of this country. Khan is going to make the Jaguars an international brand and gain international exposure for our region at the same time. Welcome to Jacksonville Shahid Khan!
JAXUSA also awarded its first industry leader award of the year to Deutsche Bank for its outstanding business performance and corporate citizenship. Deutsche Bank has grown significantly since opening its global technology operations center in 2008. This center is one of only six in the world and supports the company's global Corporate Investment Bank. The company employs nearly 1,000 people in Jacksonville and is a leader in supporting military veterans and reservists by facilitating career and business opportunities for them. Deutsche Bank strengthens our financial services industry and continues to help positively shape our region's business climate.
JAX Boldest Contest Highlights Creativity in the Region
An exciting project that was initiated as part of Innovate Northeast Florida is the JAX Boldest contest, which was launched in January. JAX Boldest is helping us identify the innovative and creative companies, non-profits and projects that have started or expanded in 2011. The contest is part of the Chamber's #ilovejax campaign, which celebrates all the positive aspects of our region.
We live in a great region that is full of innovative and creative people and ideas. It is time we got our swagger back and this is just one of the many ways we are doing this. I encourage you to visit the site to view the entries that have been submitted. Vote on your favorite entry or submit an entry yourself.
Florida Trend Spotlights Jacksonville in June Issue
Florida Trend is spotlighting Jacksonville in its June 2012 issue. This is a great opportunity to highlight our city and region. The issue will cover how the largest city in the state functions, the various economic engines that strengthen the region's competitive business environment and people who live and do business here. The amount of coverage we get in this issue is based on advertisements, so be sure and contact Florida Trend today to secure your special advertising rate for this issue. Email Jaime McKnight at jmcknight@floridatrend.com to reserve your spot before April 17.
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Thank you for your continued commitment to JAXUSA Partnership, formerly Cornerstone.
Sincerely,
Robert Hill
JAXUSA Partnership Chair
Baker, Clay, Duval, Flagler, Nassau, Putnam and St. Johns Counties
3 Independent Drive • Jacksonville Fl 32202 • 904.366.6639
bizrelo@jacksonvillechamber.org • www.jaxusa.org
Where the Future Leads®