HomeMy WebLinkAboutRe EDC Announces RUAG’s Selection of North Brevard -- For Immediate Releaseit’s an option, but my preference is for a larger tenant on a long term
lease for obvious reasons. Tenant turn over is very expensive. Short
term leases are high risk and not bankable.
Tom C. Hermansen - President
3425 N. Atlantic Avenue | Cocoa Beach, FL 32931
Cell 941.587.2808 | Email: TomH@OceanPartnersCB.com
<mailto:TomH@oceanpartnerscb.com>
Ocean Partners Associates, LLLP dba Marriott Courtyard & Hampton Inn -
Cocoa Beach
Ocean Partners Hospitality, LLLP dba Best Western Oceanfront & Days Inn
- Cocoa Beach
On Nov 29, 2016, at 11:28 AM, Todd Morley
<T.Morley@cityofcapecanaveral.org
<mailto:T.Morley@cityofcapecanaveral.org> > wrote:
Tom,
It would be great to get aerospace startups like this in your facility.
What do you think about marketing to startups as an aerospace
incubator? Year to year leases.
Todd
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From: EDC of Florida's Space Coast [mailto:News@SpaceCoastEDC.org]
Sent: Tuesday, November 29, 2016 10:15 AM
To: Todd Morley <T.Morley@cityofcapecanaveral.org
<mailto:T.Morley@cityofcapecanaveral.org> >
Subject: EDC Announces RUAG’s Selection of North Brevard -- For
Immediate Release
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CONTACT:
Claudia Devitt, Sr Manager, Marketing and Communications
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CDevitt@SpaceCoastEDC.org <mailto:CDevitt@SpaceCoastEDC.org>
EDC Announces RUAG’s Selection of North Brevard
International technology company selects Titusville to strengthen its
U.S. presence
Brevard County FL (November 29, 2016) – Today, the Economic Development
Commission of Florida’s Space Coast (EDC) announced RUAG’s selection of
Brevard County for its RUAG Space USA Inc. production facility in
Titusville. RUAG Space USA Inc., a supplier of spacecraft structural and
thermal equipment, will operate at the Port Canaveral Titusville
Logistic Center.
“The aerospace industry is undergoing a disruptive transformation,”
explains Peter Guggenbach, CEO of RUAG Space USA Inc. “In what’s known
as the new space segment, innovative start-ups and private investors are
developing new commercial business models for aerospace applications. We
want to be a competitive player in this segment too. The current order
from Airbus OneWeb Satellites proves that we’re on the right path,” he
says.
The company will begin with 10 employees in 2017 at an average wage of
$50,261 and may ultimately reach 60 full-time workers by 2025.
The EDC worked closely with RUAG to communicate the competitive
advantages of a Brevard County location by presenting the best business
case and meeting significant requirements. In addition, the EDC guided
the company through the State and North Brevard Economic Development
Zone incentive programs.
“RUAG Space USA Inc. is a leading supplier of space products within the
European space market,” stated Lynda Weatherman, president and CEO of
the EDC of Florida’s Space Coast. “Competition across the space industry
breeds excellence and RUAG’s selection of Titusville for their U.S.
production facility, further strengthens Brevard County’s standing as a
premier location for aerospace businesses throughout the world.”
“RUAG Space USA Inc. is a strong addition to Florida’s aerospace
industry and we welcome them and their global expertise to the Space
Coast,” said Enterprise Florida Executive Vice President, Mike Grissom.
“Florida is a pioneering state for aerospace and continues to be the
home of innovation for the industry, thanks to the more than 85,000
Floridians who work in the industry.”
“Space Florida is excited to welcome RUAG to the State of Florida and
Brevard County,” said Frank DiBello, president and CEO of Space Florida.
“Our state’s iconic space legacy is ever-expanding as RUAG will play a
key role within a growing supply chain for the aerospace and satellite
industry here in Florida. We look forward to being a partner in RUAG’s
success, and continuing to work with the community on Florida’s Space
Coast to further solidify Florida as a world leader in aerospace.”
“The transformation happening in North Brevard is because of the vision
and mission of the North Brevard Economic Development Zone and the
partnership with the EDC,” stated Robert Jordan, secretary, North
Brevard Economic Development Zone. “The goal of NBEDZ is to ensure North
Brevard maintains economic sustainability for years to come. Our
regional strength has been demonstrated in just two years capturing over
1,200 jobs with an average annual wage of $62,000 and $300M in capital
investments from a broad base of industries and services.”
“The North Brevard area is filled with opportunity for businesses
looking to expand and relocate here,” stated Commissioner Rita
Pritchett. “I look forward to maintaining the level of success the NBEDZ
has had to establish North Brevard as a pro-business friendly region
throughout the nation.”
RUAG Space USA Inc. plans to start manufacturing the satellite
structures early next year.
###
About the Economic Development Commission of Florida’s Space Coast
The Economic Development Commission of Florida’s Space Coast
<https://secure.spacecoastedc.org/nps/servlet/DisplayLink?orgId=spacecoa
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FolvJbvrm0ckfr6asnw%3D%3D&linkId=5224&targetUrl=http://www.SpaceCoastEDC
.org> EDC) is dedicated to attracting new business and investment and
expanding existing industry throughout the Space Coast, influencing
change on government laws and regulations affecting economic
development, promoting the Space Coast to encourage new investment,
supporting efforts of Space Coast military installations, and relaying
new programs and procedures to assist manufacturing and high tech
companies. The EDC is a private, not-for-profit coalition whose
stakeholders are business leaders committed to the economic growth and
stability of Florida’s Space Coast. Visit www.SpaceCoastEDC.org
<https://secure.spacecoastedc.org/nps/servlet/DisplayLink?orgId=spacecoa
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.org> .
About RUAG Space
RUAG Space is Europe’s leading supplier of space products to the
industry. With 1,200 people employed at 10 locations in Switzerland,
Sweden, Austria, Finland and the USA the RUAG Space Division achieved
some total sales of 310 million Swiss Francs in 2015. RUAG develops and
markets internationally sought-after technology applications in the
fields of aerospace and defense for use on land, in the air and in
space. 55% of RUAG's products and services are destined for the civil
market and 45% for the military market. The Group is headquartered in
Berne, Switzerland. It has production sites in Switzerland, Germany,
Austria, France, Sweden, Finland, Hungary, Australia and the USA. Around
8,200 employees – of whom 410 are trainees – generate sales of some CHF
1.75 billion. Contact Hendrik Thielemann, Hendrik.thielemann@ruag.com
<mailto:Hendrik.thielemann@ruag.com>
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Florida has a very broad public records law. As a result, any written
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