jwAddy
Home/jwAddy
About jwAddy
So far jwAddy has created 16 blog entries.
U.S. Air Force Awards Bomber Contract To Northrop Grumman
The pentagon has awarded the manufacture of the next generation stealth bomber to Northrop Grumman. Although the new bombers are being built in southern California, this decision is expected to have a significant economic impact on Brevard County. Local leaders are expecting Northrop Grumman to invest another $500 million in facilities, and add up to [...]
Florida Unemployment Rate 5.2%, Brevard County 5.6%
Brevard County is lagging behind the state of Florida in employment. The state's unemployment rate dropped by more than half a percent from a year ago. It is currently 5.2%, down from 5.8%. Brevard County's unemployment rate is 5.6%, which is down from 6.7% a year ago. As this Brevard Times article points out, though, [...]
Disney bases 3 ships at Port Canaveral in early 2017
Disney Cruise lines is expanding its presence at Port Canaveral. As of early 2017, there will be three Disney ships calling the port home. Disney Fantasy will continue to sail seven-night Caribbean cruises. Disney Dream will have three and four night Bahama cruises. And beginning on January 29, 2017, Disney Wonder will begin sailing out [...]
Port Canaveral named top cruise port
Cruise Critic, a subsidiary of tripadvisor.com, has named Port Canaveral as North America's best home port for 2015. Besides the proximity to Orlando's theme park, the site mentioned other reasons for its ranking: beaches, a campground, oceanfront dining, and a new Exploration Tower. They also mentioned its efforts to expand its facilities and promote increased [...]
Jobless Rate
More people in the labor pool means more people without a job. The labor force rose by 1,069 people of the month from June to July. During that same time span, 689 people joined the ranks of the employed, while the number of unemployed rose by 380. The July jobless rate stood at 6.1 percent [...]
Battery Company
Oakridge Global Energy Solutions Corp has cleared another hurdle in its plans to open 230,000 square foot manufacturing facility at the site of the former MC Assembly building on Kirby Circle. The Palm Bay City Council has followed the lead of Brevard County by unanimously approving a tax break of $11.95 million. The tax breaks [...]
Sports Deal
Brevard County has finalized an agreement with the U.S. Specialty Sports Association, a youth sports organization that will bring tournaments to the Space Coast Stadium in Viera. The 20 year agreement will bring at least 175 days a year of sports events, baseball and softball. The Washington Nationals major league baseball team currently has their [...]
According to the office of Economic and Demographic Research within the Florida Legislature, Florida's growth rates continue to show progress, but "will take another year to climb completely out of the hole left by the recession". Although Brevard County's employment rate is lagging behind the rest of the state, other areas of Brevard's economy are [...]
Tax Breaks
Brevard County has conditionally approved tax breaks for Melbourne-based Oakridge Global Energy Solutions Corp., a manufacturer of lithium batteries. The company is hoping the tax breaks will allow it to move into the former MC Assembly building on Kirby Circle in Palm Bay. They currently have 25 employees, but are expecting to expand to 1,000 [...]
There was relief as Brevard County's largest private sector employer confirmed that it will keep its headquarters in Brevard County. It was uncertain if the company would remain headquartered in Brevard, or move to McLean Virginia. While the move would have directly affected only the 400 Corporate employees, it would have left the status of [...]