Palm Beach County Business | Fall 2023

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QUARTERLY ECONOMIC DEVELOPMENT MAGAZINE Fall 2023 BDB.ORG PALM BEACH COUNTY BUSINESS Fintech Unlocks its Home in the Sunshine Future A New Generation Shares Why Palm Beach is the Place for Them Gary Hines Senior VP with a 34-Year Legacy at the BDB Growth Companies Fall in Love with Palm Beach County

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PALM BEACH COUNTY BUSINESS PBC BUSINESS | FALL 2023 1 FALL 2023 | PBC BUSINESS

From the CEO

Transitions …

Palm Beach County epitomizes the idea of “transitions.” From its pioneering days as “America’s first resort destination,” the county today is a thriving, year-round family community and hub of business and industry. It’s even “Wall Street South” for hundreds of banks, investment and financial services.

Since its founding in 1982, the Business Development Board of Palm Beach County has helped usher in growth and change throughout the region. We’ve promoted our unique offerings to local companies planning to expand, and companies from around the nation—and world—hoping to plant their flag in this enviable business paradise with hemispheric and global connections.

As you’ll see in this issue of Quarterly, in the past year alone, we’ve helped lure or retain companies in such sectors as software and technology, gaming, tourism, manufacturing, entertainment and health sciences. We also profile some of the young professionals who represent the next generation of talent essential to modern, growing businesses.

The BDB is more than “an organization.” It’s a team of skilled economic development experts. For 35 years, our mission has been guided in part by Gary Hines. He has been so much more than “Senior Vice President at the Business Development Board.” Gary has overseen all administrative operations, served as primary contact for corporate relocations, and managed the BDB’s development division.

Gary is retiring. As you’ll read in our farewell, Gary has made an indelible impact on the business and civic community. He will be sorely missed.

Yet, transitions happen, and business continues unabated. We have the global headlines to prove it. Bloomberg recently profiled the county, and a 60-page feature in the September issue of Florida Trend highlights the county’s robust offerings. BDB last month debuted three billboards in New York City proclaiming the county as “Wall Street South.”

Thank you, to Gary, the BDB team, the county commissioners, our corporate members, and executives who make Palm Beach County a modern marvel among global markets. Even amid constant transitions, we remain America’s live, work and play destination.

PALM BEACH COUNTY, FLORIDA is Home to 39 Cities and Towns, Including:

City of Atlantis

City of Belle Glade

City of Boca Raton

City of Boynton Beach

Town of Briny Breezes

Town of Cloud Lake

City of Delray Beach

Town of Glen Ridge

Village of Golf

City of Greenacres

Town of Gulf Stream

Town of Haverhill

Town of Highland Beach

Town of Hypoluxo

Town of Juno Beach

Town of Jupiter

Town of Jupiter Inlet Colony

Town of Lake Clarke Shores

Town of Lake Park

City of Lake Worth Beach

Town of Lantana

Town of Loxahatchee Groves

Town of Manalapan

Town of Mangonia Park

Village of North Palm Beach

Town of Ocean Ridge

City of Pahokee

Town of Palm Beach

City of Palm Beach Gardens

Town of Palm Beach Shores

Village of Palm Springs

City of Riviera Beach

Village of Royal Palm Beach

City of South Bay

Town of South Palm Beach

Village of Tequesta

Village of Wellington

City of Westlake

City of West Palm Beach

Business Development Board of Palm Beach County, Inc. 310 Evernia Street West Palm Beach, FL 33401 561.835.1008 | bdb.org

Kelly Smallridge

President & CEO 561.835.1008 Ext. 4121 ksmallridge@bdb.org

Gary Hines

Senior Vice President – Administration 561.835.1008 Ext. 4111 ghines@bdb.org

Lisa Anderson

Vice President – Private Funding 561.835.1008 Ext. 4110 landerson@bdb.org

Kristen Boyd Liberman

Vice President – Marketing & Media Relations 561.835.1008 Ext. 4106 kliberman@bdb.org

Tim Dougher

Vice President – Business Recruitment, Retention and Expansion 561.835.1008 Ext. 4131 tdougher@bdb.org

Shawn Rowan

Vice President – Business Recruitment, Retention and Expansion 561.835.1008 Ext. 4108 srowan@bdb.org

ON THE COVER Gary Hines Senior Vice President

PUBLISHED BY

Passport Publications | passport media group 1555 Palm Beach Lakes Blvd., Suite 1550 West Palm Beach, FL 33401 561.472.8778 | PassportPublications.com

Palm Beach County Business Quarterly is published and written by Passport Publications & Media Corporation, on behalf of the Business Development Board of Palm Beach County, Inc. All rights reserved. No part of this publication may be reproduced without the expressed written consent of the Business Development Board of Palm Beach County, and the publisher. © 2023 Passport Publications & Media Corporation

IN THE KNOW
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Gary Hines: Farewell to a Trusted Partner

PICK A MARKET-CHANGING business expansion in or relocation to Palm Beach County, and chances are, Gary Hines had a hand in the company’s decision.

In his 35 years with the BDB, he helped lure Scripps (now the Herbert Wertheim UF Scripps Institute for Biomedical Innovation & Technology) to expand its operation to Palm Beach County, launching a regional transformation that created a multibillion-dollar life sciences hub. Under Gary’s guidance, expansions by UPS and, more recently, Amazon, not only elevated the companies’ footprints in the county but also brought significant opportunities to the region’s workforce.

Gary’s skillful management ensured the seamless expansion of DePuy Synthes and CSL Plasma, both of which bolstered medical advancements and health care services. He also helped strengthen the county’s role as an aerospace hub with the expansion of Belcan, which fostered further technological progress and innovation.

His trusted counsel was invaluable, said Michael Renner, M.D.T., CEO of Precision Esthetics Dental Laboratory in West Palm Beach. Gary aided its 2019 expansion by guiding the permitting, county connections and city resources. “He was pretty much the frontman for the BDB’s involvement, very active and energetic,” Renner said. “He was the architect of a smooth expansion.”

Gary has been a known entity throughout the state’s economic development community. For 27 years, John Diep, Director of International Trade and Development for Select Florida, has worked with—even beside—Gary on projects critical to county and state growth.

Gary introduced Diep to executives across the business community and connected him with state trade and direct investment projects. Gary has been “one of the most respected, responsive and responsible professionals, who’s very empathetic,” Diep said, adding that Gary’s sense of humor is always close at hand, whether at business meetings or their frequent lunches. “That always helped strengthen a relationship at a comfortable, personal level.”

Put Gary in front of the most influential executive or public servant, and he will represent the county with strength and confidence, said Fabiola “Fab” Brumley, BDB board member and President of Palm Beach County for

Bank of America. She also recalled him in the parking lot with an umbrella to ensure they both had a decent parking spot and cover from the Florida summer rains.

“Gary Hines is nothing short of a class act,” she said. “He is the epitome of humility, integrity, and kindness. A gentleman by the standards of old. There is no one like him, and I will miss him greatly.”

Driven by his faith, love for family, and a strong commitment to the people with whom he works and the community he serves, Gary has enriched the BDB workplace beyond the remarkable projects he’s overseen, said BDB President and CEO Kelly Smallridge, who has known Gary since he joined the BDB in 1989. From the start, Gary went to work building alliances with municipal and county officials and local employers to create opportunities. In his formative days with the BDB, he drew hundreds to a luncheon, after worrying that attendance would be weak—cementing his impact early on.

His dedication, mentorship, and collaborative spirit have influenced colleagues and shaped the very culture of the organization.

“Throughout his remarkable tenure, Gary has exemplified unwavering commitment and vision,” Smallridge said. “As Gary embarks on this new chapter of life, we extend our heartfelt appreciation for his exceptional contributions and wish him a retirement filled with well-deserved relaxation and adventure. While he may be stepping away from his role, his legacy will continue to inspire us all.”

Speaking this summer at his last BDB task force meeting that he led, Gary commented about his blessings—a proud career, the love of his grandchildren, being blessed by the Lord. As for tomorrow, he wasn’t sure what it would hold.

“Maybe I’ll get bored after a year or so,” he joked. As his wife reminded him, “retirement means twice the husband, half the income.”

We doubt we’ve heard the last of Gary Hines. We certainly hope not.

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FEATURE ”
Throughout his remarkable tenure, Gary has exemplified unwavering commitment and vision.
— Kelly Smallridge

Meet the Next Generation of Talent

SCOTT MESKIN

Business Development Manager, Johnson Controls Security Products (Southeast U.S.)

Age: 27

Education: Florida State University

Birthplace : Wellington, Florida

Residence: Wellington, Florida

Career: After graduation, I took an executive internship in Las Vegas supporting an Air Force Defense Contractor. After the internship, I moved to Orlando for work. Most recently, I accepted my current position, where we offer the world’s largest portfolio of building technology and software.

Where would you take a friend visiting for the weekend: We’re going to either Downtown West Palm Beach, Atlantic Avenue [in Delray Beach] or golfing at one of the great courses in Palm Beach County.

CHELSEA BENNICE, PH.D.

Postdoctoral Fellow, FAU Marine Lab

Florida Atlantic University, Boca Raton

Age: 37

Education: B.S., The Ohio State University; M.S. and Ph.D., both Florida Atlantic University

Birthplace: Port Clinton, Ohio

Residence: Lake Worth Beach, Florida

Career: As a postdoctoral fellow at the FAU Marine Lab, I perform research with a focus on octopus behavior and sea turtle conservation. I mentor students on how to conduct research as well as be effective scientific communicators to the general public. Why Palm Beach County? It’s a perfect location for a marine biologist to work—close to the ocean.

Where would you take a friend visiting for the weekend: I’d take my friend to the parks and the beaches. We would visit one of my favorite spots—Phil Foster Park, Blue Heron Bridge to snorkel.

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JASON ANDERSON

Chief Strategy Officer for United Franchise Group (UFG); President of CoWorks

Age: 40

DOMINIQUE ZAINO

Marketing Consultant, ESPN West Palm and Good Karma Brands

Age: 29

Education: Florida State University

Birthplace: Jupiter, Florida Residence: Downtown Abacoa, Jupiter, Florida

Career: As a marketing consultant, I help local and regional businesses build and promote their brands through the power of ESPN and sports via ESPN audio, ESPN Digital, and ESPN event solutions. I love working in Palm Beach County because it offers a clean and safe environment for businesses to flourish. We truly live and work where others vacation.

Where would you take a friend visiting for the weekend: Food Shack restaurant in Jupiter, The Breakers Palm Beach on Palm Beach Island, and Spruzzo rooftop bar at the Ben Hotel in downtown West Palm Beach.

CLAYTON IDLE

Managing Director, Tortoise Properties, and Managing Broker, Tortoise Realty Group

Age: 40

Education: Florida State University

Birthplace: North Palm Beach, Florida

Residence: Delray Beach, Florida, with my wife, Lindsay, and three young children

Why I love working in Palm Beach County: It’s the best place on the planet. I travel a lot throughout the county for work and enjoy the beautiful and diverse scenery with fun restaurants and activities for any mood. I can work all day and still sneak in nine holes with my family or friends after work. Who wouldn’t enjoy that?

Where would you take a friend visiting for the weekend? Vibrant Atlantic Avenue for dinner, Delray Dunes Country Club for golf, The Breakers and Palm Beach Lake Trail for a chance to take in the rich history and renowned beauty of the island, and fishing or sunset cruising in Jupiter near the Lighthouse.

Education: Degree, Electrical Engineering, Community College of the Air Force; Bachelor’s in Business, University of Phoenix; MBA, American Intercontinental University; and certificates from Harvard and Cornell

Birthplace: Rochester, New York

Residence: Wellington, Florida

Career: I joined the Air Force at 17. After five years in, I decided to get out and start my own business. I franchised it, and through that process learned a lot about the industry. Someone from United Franchise Group connected with me on LinkedIn. I came to Palm Beach County originally for work, but the community brought me back. I love it here because of the people and the proximity to Miami.

Where would you take a friend visiting for the weekend? Friday happy hour at El Camino in The Square, with a stop into The Ben’s rooftop and dinner at nearby Elisabetta’s. Saturday we’d do the beach and spend the day in Delray, and we’d spend Sunday on Palm Beach island.

NOAH KATZ

Marketing Manager, Comcast

Age: 30

Education: B.A., Economics, Indiana University; MBA, Data Analytics, University of Southern Indiana

Birthplace: Evansville, Indiana

Residence: West Palm Beach, Florida

What brought you to Palm Beach County? After undergrad, I was hired as an intern at Comcast in Indianapolis. I was brought on full-time and relocated to the West Palm Beach regional headquarters in 2018.

Why I love working in Palm Beach County: Palm Beach County is a rapidly growing area in terms of local businesses and real estate. The community offers a lot of opportunity to grow and thrive personally and professionally.

Where would you take a friend visiting for the weekend? Clematis Street [in downtown West Palm Beach] and Worth Avenue [on Palm Beach island].

FEATURE
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Grasford Smith

A Homegrown Leader with Hemispheric History

GRASFORD SMITH

Beach County residents. He moved here at a young age, set his roots, then went off for his education. After working at a Wall Street law firm in both New York and Washington, D.C., he returned to grow his family and build his career in complex commercial litigation.

My story: I was born in Kingston, Jamaica, and moved to Boynton Beach at 11, before moving to Fort Lauderdale for several years to finish middle and high school. Both my parents moved to the United States for work opportunities. That’s the immigrant story—to come to the land of opportunity. I have two older siblings. One is a sergeant major in the United States Marine Corps stationed in California, and the other is a real estate broker here in Palm Beach County.

As a parent, why Palm Beach County? a parent, you want to give your kids the best chance at success. My wife and I moved to Wellington because of the highly rated schools. Our son is in middle school in Wellington. Our daughter is now attending Spanish River High School in Boca in the Law and Government magnet program. I was blown away with that program. We lived in Boca Raton for years, but the commute to West Palm Beach took its toll. A judge I know told me about Wellington and how much it had for kids. That sold me on it. We moved, and I shaved 15 minutes off my commute.

What career opportunities have you found here? I was the first Black equity partner with a regional law firm in Palm Beach County. Because of my Bar and community involvement and relationships, I was able to expand my business and build a national platform. As a Florida-based firm with national reach, Akerman gives me the best of both worlds—an Am Law 100 firm, with a small-firm feel and culture. My career has definitely blossomed here.

businesses and high-net-worth people, but I also use my talents and passion to give back to the community. I’m on the board of trustees for the Legal Aid Society, and as current president of the Palm Beach County Bar Association, my theme this year is “quality of life is the key to happiness.” As a Bar Association, we plan to spotlight the housing crisis in Palm Beach for government and public interest lawyers. I have been blessed to hold other roles such as my current role as chair of the American Heart Association of Palm Beach County and immediate past president of the Black Chamber of Commerce of Palm Beach County. I am honored to now serve on the BDB Board as a representative of the Black Chamber of Commerce. I have found that if you raise your hand and say, “I’m here to serve,” and show up and do what you say, your reputation will precede you, and opportunities will flow.

Partner, Akerman, LLP; President,

Association; Board Member, Business Development Board of Kingston, Jamaica B.S., Florida State

Wellington, Florida

10 PBC BUSINESS | FALL 2022 FEATURE

FINTECH Unlocks its Home in the Sunshine

Fintech, Financial Services and Corporate HQ: By the Numbers

COMPANIES

n Technology: 2,506

n Financial Services: 19,757

n Corporate Headquarters: 519

JOBS

n Technology: 19,599

n Financial Services: 269,451

n Corporate Headquarters: 14,440

AVE RAGE SALARY

n Technology: $102,482

n Financial Services: $88,917

n Corporate Headquarters: $207,171

THE DIGITAL MIGRATION CONTINUES. The growing ompanies in the private equity, hedge fund and investment banking, financial services and insurance (BFSI) sectors has brought along financial technology (fintech) firms. Below are two that the Business Development Board of Palm Beach County recently

Payments protects our clients’ freedom to do business while providing them with best-in-class payment solutions and white-glove service. It makes perfect sense that we would make our home in the beautiful, thriving Palm Beaches area.

DRAWBRIDGE

Palm Beach Gardens

Leadership: Jason Elmer, Founder, and President; Bill Haney, CEO About Drawbridge: Founded in 2018 in Stamford, CT, Drawbridge provides cybersecurity solutions purpose-built for private equity, hedge funds, and venture capital firms. With offices in New York, London and Fayetteville, AR, it made sense for them to relocate their headquarters to the destination known as “Wall Street South.” In Palm Beach County, they soon found a friendly business climate, strong talent pool and toprated schools.

Next Up: We are beta testing A.I. right now. We will be incorporating it into our workf low to cut out some monotonous internal tasks. What do you love most about working in Palm Beach County? in paradise every day.

FEATURE

PALM BEACH COUNTY CONTINUES to lure and retain employers looking to grow in the sunshine. In the past year alone, the following companies have relocated to or expanded throughout the county. What they’ve found is business-friendly government, top-tier education from grade school to grad school, and an unmatched lifestyle.

TMRW Sports Group

The golf technology and professional tour founded by golf legends Tiger Woods and Rory McIlroy will build its sports and entertainment brand on the campus of Palm Beach State College.

Florida Pneumatic Manufacturing Corp.

Expansion of this manufacturer and distributor of pneumatic equipment will help boost employment and the profile of Lake Park.

Precision Esthetics

The West Palm Beach company that designs and manufactures dental products is expanding its corporate headquarters and manufacturing facility to serve a growing market.

DePuy Synthes

The expansion of this repair and maintenance provider of surgical robots is helping boost the life science sector in unincorporated Palm Beach County near West Palm Beach.

GummyWorks

The the opening of 96,000-square-foot facility for this manufacturer and distributor of vitamins in gummy form will bring 350 jobs to the county’s life science sector.

PopStroke

Putting a new stroke on a night of golf, the expansion of this tech and entertainment brand will bring 500 jobs in the county’s thriving sports tourism sector.

GoGig

Expansion of this anonymous career-matching technology platform will bring 35 new jobs to a county increasingly known for its innovative tech solutions.

Belcan Engineering Group, LLC

Expansion by this engineering provider will bring 50 new jobs to West Palm Beach, adding to a county already known for its aviation, aerospace and engineering (AAE) sector.

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Companies That Love PBC

The relocation of the pharmaceutical/life sciences provider will bring 20 new jobs to its 18,000-square-foot location in Boca Raton.

Amazon

The online retailer continues to establish Palm Beach County as a distribution and logistics hub with the expansion of its Riviera Beach center, which will add 100 new jobs to its ranks.

FINFROCK

Expansion of this vertically integrated precast construction solutions company in Belle Glade brings 40 jobs to the county’s western region.

Hydraulic Supply Company

Expansion of this fluid power products distribution and logistics facility will bring new opportunities to unincorporated Palm Beach County.

This eSports technology company’s expansion of its corporate headquarters will add 40 new jobs to its existing facility in Boca Raton.

Revere Payments

The relocation from Las Vegas by this online payments/fintech provider will bring 100 new jobs to its 3,800-square-foot headquarters facility in Palm Beach Gardens.

Transcat

This life sciences manufacturing provider’s relocation to 2,500 square feet in unincorporated Palm Beach County adds nine new jobs to this burgeoning sector.

Snap One

This provider of smart solutions/electronics for the residential market relocated its distribution and logistics services to an 8,000square-foot facility to Riviera Beach, adding seven new jobs.

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FEATURE
FINFROCK

Welcome to the Warmer Side of Care.

There are many sides of care at Baptist Health. And each one stays true to our values. Bringing humanity, warmth and understanding to every person that comes through our doors. Which is why we’re here to stand by you, through all of life’s moments.

We’re committed to improving the health and wellness of each member of the community — by getting to know the person beyond the patient. By listening, supporting and guiding them on their journey towards wellness. And by delivering the most advanced treatment and innovation, close to home.

Welcome to Baptist Health.

BaptistHealth.net

News + Events

Bezos Academy, District to Deliver Montessori-inspired Education

BEZOS ACADEMY SIGNED an agreement with the School District of Palm Beach County in August to bring a new tuition-free, Montessori-inspired preschool to Roosevelt Elementary School in West Palm Beach.

Designed to support low-income families, the preschool will off programming for 100 students at no cost to the District or the families being served. The approval is the result of collaborative efforts between the District, the City of West Palm Beach, and Frisbie Group, a private real estate investment firm based in Palm Beach. Ensuring a quality education brings a measurable improvement to the community, said Dave Frisbie, co-founder of Frisbie Group.

“As a former classroom teacher, I have seen the extraordinary gains children make when they have quality, project-based, hands-on learning experiences,” added Nancy Bourne of the Frisbie Group. “The heart of the Bezos Academy program sparks curiosity and creativity, which in turn grows passionate learners who will advance and enhance the future of our community.”

Noted Mike George, President of Bezos Academy, “Thanks to the e the School District of Palm Beach County, the City of West Palm Beach, and the Frisbie Group, families of West Palm Beach will have access to the incredible benefits that high-quality preschool can provide, at no cost to them or their community.”

NYC Billboards Boast

THE BUSINESS DEVELOPMENT BOARD of Palm Beach County late last month caused a stir above the streets of New York City. Three billboards boasted “Wall Street South”— the name we’ve earned as the favored destination for nancial firms with roots in New York.

Located at 43rd Rotunda, Times Square Tower, and the iconic I Love NY Board, the billboards feature the message alongside an inviting beach scene. The call-toaction urges businesses to establish offices in Palm Beach County, as more than firms have done since 2019.

With Palm Beach County owning “Wall Street South,” there is no better place to proclaim this message than within the home of Wall Street itself.

Housing QR Code Unlocks County Living

HOPING TO LIVE like a Palm Beach County local? Discover where to live your best life. Scan this QR code to open your guide to budget-friendly apartments across the county and its 39 cities and towns. Learn about the best schools, the unique lifestyles and the sun-soaked vibes that make life in PBC a unique way to live.

PBC BUSINESS | FALL 2023
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‘Wall Street South’

Business Solutions

Aieda Phipps DEPARTMENT
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DEPARTMENT

Business Solutions Finding a Career-Development ‘Gold Mine’

WHEN MOVING to Palm Beach County uprooted all the professional connections Adria DePasquale had accrued in a 30-year professional career up north, she decided to build a new network.

DePasquale left a good job to move here with her daughter for the highly rated schools and to be closer to family. But the transition was overwhelming. She had the skills and experience for almost any position, having worked in finance, education, as a corporate trainer with Dale Carnegie Training, as a human resources director, even as a health and life coach. But without connections, DePasquale felt lost in her job hunt.

While working as a volunteer coach with Second Chance Initiative, she took a disabled participant to CareerSource Palm Beach County to receive career training. That opened DePasquale’s eyes to the organization—and the opportunities it presented.

Soon, she was attending CareerSource programs on her own. She enrolled in the Professional Placement Network, or PPN, a no-cost workshop that helped her revamp her resume, identify transferable job skills, hone her interview strategies and salary negotiations, even shoot a new LinkedIn profile photograph. It was “transformational,” she recalled.

“Everyone I’ve interacted with has guided me in finding my way as a new Florida resident, and the skills I learned helped me land many job offers,” she said. “They helped me reinvent myself. I went from fearful to hopeful.”

Within a week, DePasquale was fielding job offers. The one she accepted—a position which resonated with her and took advantage of her coaching background and entrepreneurial style— is as an admissions administrator in the College of Business Administration Executive Education Department at Florida Atlantic University.

“They liked that I’ve been an entrepreneur and have the diversity I can put to use working with students,” said DePasquale, who credits CareerSource for much of her newfound success. “CareerSource helped build my confidence and pursue my passions. I wasn’t looking for them, but ended up finding a gold mine.”

Central Career Center 3400 Belvedere Road

West Palm Beach, FL 33406

561.340.1060

CareerSource Palm Beach County’s full-service centers are staffed with career coaches and consultants who are dedicated to serving first-time, experienced and professional job seekers. The services include career consulting, computers for job searches, internet access to our statewide jobs database Employ Florida, job search and placement services, workshops, training opportunities, work assessments and more. To learn more, go to careersourcepbc.com.

Connecting business with talent | www.careersourcepbc.com

CareerSource Palm Beach County, Inc. is the direct service provider for various workforce programs supported by the U.S. Departments of Labor, Health and Human Services, Education and other agencies as part of awards totaling $15,851,406 (revised annually). Unless otherwise stipulated, all statements, news releases, requests for proposals, bid solicitations and other applicable documents are fully funded from federal sources. (As of July 2, 2022)

20 PBC BUSINESS | FALL 2023
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