in this issue… Pg. 3
New Com pany ISSUE Relocatio n
BUSINESS MATTERS monthly economic development newsletter for martin county
ISSUE 13
JUNE 2014
Pg. 4
New Com pany Patent Mo nthly Employment Data Pg. 5
BDBMC Recognition Pg. 6
Regional Activity Pg. 7
Indiantown Enterprise Zone Pg. 8
Business Briefs Pg. 9
BDBMC Activity
Upcoming BDBMC Board Meeting
10:30 a.m. Sailfish Splash Waterpark Sailfish Room 931 SE Ruhnke Street Stuart
FROM THE EXECUTIVE DIRECTOR As we approach the 4th of July and the midpoint of the summer, The Business Development Board of Martin County (BDBMC) is planning two high profile events for the coming months. Please save the date for “Making Martin”, Building on Martin County’s Past...Shaping Its Future., an economic summit to be held on August 20th and the BDBMC’s Annual Business Appreciation Luncheon on September 19th. The Summit will be an all-day event held at the Chastain Campus of Indian River State College and will include an exciting lineup of guest speakers and panelist addressing the current economy as it relates to Martin County and the State of Florida. A complete lineup and agenda will be available soon.
This is great news for our local tax base and I look forward to this momentum continuing in County.
Thank you for your support of the BDBMC and feel free to contact me with any questions at tim@bdbmc.org or contact the office at 772.221.1380.
The BDBMC’s Annual Luncheon will be held at The Hutchinson Island Marriott and will highlight business development activities from the past year and recognize accomplishments by our local business community.
Happy 4th of July!!
As I have stated in previous newsletters, Martin County’s unemployment rate continues to rebound and the BDBMC’s project pipeline remains steady.
Tim Dougher Executive Director
The BDBMC has recently seen several new companies move into the area while we continue to work with our existing businesses on expansions.
Martin
Sincerely,
www.yesmartinfl.com 772.221.1380
Business Development Board of Martin County l 1002 SE Monterey Commons Blvd., Suite 203 l Stuart, Florida 34996
About Ocean Master Marine Mark Hauptner is the Founder of Ocean Master. He is one of the true pioneers of the classic Palm Beach sport fisherman. He has designed, built, and raced boats for over 50 years. Mark holds 14 world records, 6 national championships and is included in the American Powerboat “Hall of Champions” and the “Gulf Hall of Fame” The company was born when Mark was busy running his Mercury engine dealership. A longtime customer voiced his frustration at being unable to find a large center console that would meet his expectations. In particular, this customer wanted a large, outboard powered center console that would be capable of making the 2,200 mile roundtrip through the Caribbean Island chain. After much thought and discussion, Mark decided the only option was to design and build the boat himself. That first boat, aptly named "The Only One," became the now legendary Ocean Master 31’. The Ocean Master 31' was the first large outboard sport fisherman built to fish well offshore and competes with the best inboard sport fisherman available.
NEW COMPANY RELOCATION
Ocean Master Marine Relocates its Headquarters and Manufacturing Facility to Martin County The Business Development Board of Martin County (BDBMC) is pleased to announce that Ocean Master Marine has relocated to Martin County. The company purchased an existing 15,000 square foot facility on SE Old Kansas Avenue near I-95 and SR 76. Ocean Master plans on expanding the existing footprint of the building to accommodate additional production lines.
“When our new facility is complete, the company plans to hire about 2 dozen employees to maintain production” Hauptner said.
“Martin County is the perfect location for our company” Mark Hauptner, Founder/Ocean Master Marine
Joining the Ocean Master team is new
partner
Charlie
Modica.
Charlie has spent his life on the water and in the marine related industry. An avid sailor, Charlie
"The marine industry, specifically manufacturing, is a vital part of Martin County’s economy” said Tim Dougher, Executive Director, BDBMC. “We look forward to a wonderful working relationship with the company and will make their transition to our area seamless” Dougher said.
was part of the Martin County
Ocean Master has been the premier builder of off shore center console fishing boats since 1975. The company offers a full line of outboard power fishing boats 18 to 33 1/2'. Ocean Master sells factory direct and encourages customers to stop by the factory. They are unique in that customers can work one to one with the owners of Ocean Master in building their dream boat. “Martin County is the perfect location for our company,” said Mark Hauptner, Founder, Ocean Master Marine.
skills in aerodynamics and hydro-
Sailing Team, the sailing team at Connecticut College, as well as the training partner on the 2008 US Olympic Sailing Team. These experiences have afforded Charlie the opportunity to hone practical dynamics, as well as an inherent understanding of the ocean. His experiences will help take Ocean Master to the next level and with the new facility will provide the ability to expand present lines, as well as introduce new lines.
www.oceanmasterboats.com
NEW COMPANY PATENT l MONTHLY EMPLOYMENT DATA Ecosphere Technologies Announces Completion of First Ecos PowerCube® World's Largest Mobile Solar Powered Generator Ready for Remote, Off-Grid Demonstrations Ecosphere Technologies, Inc. (OTCBB:ESPH), a U.S. technology licensing and innovative manufacturing company, today announced completion of the first Ecos PowerCube®, the world's largest mobile,deployable solar powered generator. Dean Becker, Director and Intellectual Property Strategist for Ecosphere Technologies, stated, "This innovative patented solar technology has the potential to be one of the most important solar patented innovations of our generation. The Company is ready to begin immediate demonstrations and looks forward to working with strategic partners across a wide variety of industries and applications globally to monetize this unique asset." Designed to meet the growing demand for off-grid energy and telecommunications, with a unique array of stacked solar panels, the patented Ecos PowerCube® maximizes the total amount of solar power generation possible in 10', 20' and 40' standard ISO shipping container footprints. With power generation capabilities up to 15 kW, the Ecos PowerCube® can be used to power various onboard systems, including wireless telecommunications, solar powered Internet, and mobile water treatment systems. Electricity generated by the Ecos PowerCube® system can be used to supply military or emergency response and disaster relief teams with life-sustaining, mobile infrastructure modules, such as hospitals, command centers, sleeping quarters, and temporary schools.
"Ecosphere has worked diligently to design, EYEandON IT engineer receive patent protection for our Current Ecos PowerCube®. Industry Trends From a technology standpoint, we believe today's announcement that we have completed manufacturing of this highly mobile, renewable power generation system is a significant milestone for the Company." Dennis McGuire, Chairman and CEO of Ecosphere Technologies and Inventor of the Ecos PowerCube®
www.ecospheretech.com
Monthly Employment Data — May 2014
EYE ON IT
Current Industry Trends Florida Ranks Second in Nation for Maritime Jobs Domestic Maritime Industry Worth More than $9.6 Billion to Florida Economy
CLICK HERE
to read the full Article from Maritime-Executive.com Source: Department of Economic Opportunity/Monthly Employment Data Release
About SPAM Robotics
BDBMC RECOGNITION
Business Development Board of Martin County Receives 2014 Gracious Professionalism Award from SPAM Robotics! When the BDBMC became aware of the funding needs as well as the potential of the team, they stepped up S.P.A.M. Robotics is a high school robotics team made up of students from the Martin County School District -Jensen Beach High School, Martin County High School, South Fork High School, and Clark Advanced Learning Center.
to help communicate the team and its needs community.
For sponsorship or in-kind donation information, please contact Nancy Peavler at 285-9249 or Rich Brooks at 341-1973 For more information about the SPAM Robotics program, please visit www.spamrobotics.com
the
business
S.P.A.M. is now the
beneficiary of support from dozens of local businesses. This support allows S.P.A.M. Robotics, the high school FIRST Robotics Competition team made up of students from throughout Martin County, recently held their year-end celebrate
achievements
for
banquet to the
2014
season. The team received trophies for their
SPAM students are programmers, animators and machinists.— future engineers, teachers, designers and programmers being led by current engineers, teachers, designers and programmers.
to
championships at the FRC Orlando Regional and the FRC South Florida Regional. The team was also presented with a Judges’ Award at the South Florida Gracious
Professionalism
Regional for
sponsored
by
Johnson &Johnson. This award celebrates outstanding sportsmanship and continuous gracious professionalism in the heat of competition, both on and off the playing field.
The team was presented with two
trophies for the award. One award will be kept in their display case.
the team to build into their business plan a level of growth and sustainability that was not available before the BDBMC partnership. “The BDBMC was a perfect choice for receiving the trophy from the team because they really epitomize what we try to teach the kids about gracious professionalism,” said Rich Brooks, board president and team leader. “BDBMC gets no direct benefit for all the effort they give us. But they recognize the importance of the program and its mission and they use their tools to help us succeed. That’s the same message we share with the students each season,” he said.
The other is
presented to the Business Development
“They understand the importance of
Board of Martin County for their ongoing
growing
support.
tomorrow’s leaders. They understand
S.P.A.M. is self-supporting and would not be able to offer this valuable program to local
that
the
our
young
future
people
begins
here
into at
home. And they lead by example for
students without the generous financial and
our young people by contributing their
in-kind support from a variety of
professional resources to help the
sponsors.
team.”
REGIONAL ACTIVITY
Florida’s Research Coast Economic Development Coalition STATE OF THE REGION Friday, June 20th
WELCOME Terry Burroughs Chairman Florida’s Research Coast
OVERVIEW OF TARGET Griff Salmon, Camron Becraft, Tim Dougher, Terry Burroughs, Richard Stetson, John Rhodes and Pete Tesch
INDUSTRY STUDY John Rhodes
Four Counties, One Goal: Economic Stability Florida’s Research Coast Economic Development Coalition (FRCEDC) presented its 2014 outlook for the region, encompassing the theme that behind every prosperous community is a solid business base creating job opportunities and increasing tax revenues. Terry Burroughs, chair of the FRCEDC, and president of the Chamber of Commerce of Okeechobee County, introduced the speakers as they outlined their thoughts on the future growth of Florida’s Research Coast.
Senior Principal Morgan, Stahl & Boyer
STATE OF FLORIDA UPDATE Griff Salmon Executive Vice President and COO
To view the presentations from the State of the Region event, click below:
Regional Accomplishments, CLICK HERE
Economic Opportunities Target Industry Evaluation – Florida’s Research Coast, John Rhodes, Senior Principal, Moran, Stahl & Boyer – a nationally known site selection and economic development consultant CLICK HERE
Florida – The Perfect Climate for Business, by Griff Salmon, Executive Vice President & Chief Operating Officer, Enterprise Florida, Inc. – economic development organization for the State of Florida CLICK HERE
Enterprise Florida
SUCCESSFUL LOCAL BUSINESS EXPANSION STORY Camron Becraft Senior Vice President Paradigm Precision
CLOSING REMARKS Dr. Edwin Massey President
Successful local business expansion by Camron Becraft, Senior Vice President, Paradigm Precision. For more information about Paradigm Precision visit http://www.paradigmprecision.com/ For more information on Florida’s Research Coast Economic Development Coalition, please visit www.floridarc.com
Indian River State College
On June 28th, the Big John Monahan Bridge celebrated its grand opening with a ribbon cutting ceremony, BBQ and 5K run hosted by the Indiantown/Western Martin County Chamber of Commerce.
INDIANTOWN ENTERPRISE ZONE
The bridge was originally constructed in 1965, replacing a one-way swing bridge as the sole means of crossing the St. Lucie Canal. Over the past year, the Departments of Transportation has invested over $30 million to complete the new Big John Monahan Bridge, with new twin structures carrying two lanes of traffic in each direction and new sidewalks. Approximately 11,700 vehicles use the bridge each day, and that figure is expected to increase to about 19,000 vehicles a day by 2015. With the bridge complete, FDOT will initiate the next phase of the transportation project by widening State Road 710 from two to four lanes. These improvements are part of FDOT’s Sate Road 710 improvement project from Palm Beach County through Indiantown to Okeechobee County. State Route 710 is a designated hurricane evacuation route.
Visit the Indiantown interactive website at itown.yesmartinfl.com
BUSINESS BRIEFS
Just a few of the ways the Business Development Board of Martin County can help your business:
Liberator Medical Supply and Seacoast National Bank ~ headquartered in Stuart ~ named Top 125 Public Companies by Florida Trend!
Martin County is the recipient of the 2014 Achievement Award for its "Community Broadband Network" in the category of Information Technology from the National Association of Counties.
Building, Relocation and Site Selection
Financial Assistance and Grant Resources
Training & Workforce Development
Data and Market Intelligence
Business Synergy
Export & International Trade
General Business Assistance
Do you need assistance with something not on this list? Contact us at 772.221.1380
Coaxial Components Corp. received their AS9100C Certification further demonstrating the company’s longstanding commitment to quality and customer service!
Indiantown-based Harbor Community Bank named one of fastest-growing in Florida Among the 51 Florida-based banks with at least $500 million in assets, Harbor Community Bank was the fastest-growing in 2013 at nearly 50 percent, according to a Bauer Financial news release.
Have questions about something you read here? Contact us at 772.221.1380 As an existing business in Martin County, you are the lifeblood of our community. Helping you grow by navigating the unique challenges of expansion is our expertise. We help businesses of all shapes and sizes, recognizing that no two businesses are the same. Whether you’ve outgrown your space, need a little training for your employees, in need of marketing assistance, or anything in between… we can help!
BDBMC ACTIVITY JUNE EVENTS June 5th
Marine Industries of the Treasure Coast Annual Meeting and Award Ceremony
Business Development Board of Martin County
June 16th
1002 SE Monterey Commons Blvd., Suite 203 Stuart, Florida 34996
Florida Research Coast Economic Development Coalition Monthly Meeting and State of the Region Event Planning
June 19th
Business Development Board of Martin County Monthly Board Meeting
June 20th
“Four Counties, One Goal: Economic Stability” State of the Region Event
June 26th
Indiantown/Western Martin County Chamber of Commerce Breakfast
772.221.1380 l info@bdbmc.org www.yesmartinfl.com www.bdbmc.org Board of Directors Jeff Sabin, President Dan Carmody, President-Elect Mark Robitaille, Secretary Steve Fenton, Treasurer Donna Banister Maura Barry-Sorenson Henry Copeland Beth Gaskin Commissioner John Haddox David Kollar Commissioner Troy McDonald David Powers Commissioner Anne Scott Odias Smith Leonard Sucsy
UPCOMING EVENTS July 10th
Retirement Party for Nancy “Mom” Sailor - Stuart/Martin County Chamber of Commerce LEADERship Director
July 10th
Hobe Sound Chamber of Commerce Breakfast
July 14th
Career and Job Fair Meeting - October Event
July 16th
“Business Services Showcase” hosted by Stuart/Martin County Chamber of Commerce - Indian River State College, Chastain Campus/ 3:30 pm—7:30 pm
July 17th
Business Development Board of Martin County Monthly Board Meeting at 10:30 am/Sailfish Splash Waterpark, 931 SE Ruhnke Street, Stuart
Ken Norman, Legal Counsel
~ Click on the logos below to learn more about our Business Community Partners and the benefits of membership ~
Tim Dougher Executive Director
Jill Marasa Business Development & Finance Manager The Business Development Board of Martin County is the county’s official economic development organization, and partner of Enterprise Florida, Inc. and Florida’s Research Coast. The mission of the BDBMC is to promote economic prosperity in Martin County by retaining and assisting existing businesses while preserving the quality of life, and expanding educational and employment opportunities.
The BDBMC is funded in part by the Martin County, Florida Board of County Commissioners