Highlights of Economic and Business Growth in the Tampa Bay Region (News Briefs)

TAMPA BAY, Fla., Jan. 7 /PRNewswire/ — News briefs concerning economic
and business growth in the Tampa Bay Region from the Tampa Bay Partnership:

Draper Labs Acquires Manufacturing Site in Tampa Bay

The Charles Stark Draper Laboratory bought a 41,000-square-foot building
in St. Petersburg recently where it plans to manufacture microchips for the
military. Renovations to the building, 10050 16th St. N., should be completed
in March 2009. The site could employ an estimated 65 people in the next five
years, primarily in highly technical production jobs. Scientists there will
work to meet an increasing demand for highly complex, technically advanced MCM
systems in small packages for innovative applications, such as medicine,
energy conservation, port security and more. In addition to its St.
Petersburg facility, Draper Labs is working closely with Progress Energy on
energy-related research and development initiatives and is also partnering
with the University of South Florida and its medical school to create a
facility for the design, development, and testing of BioMEMS technologies.
(Contact: Amy Schwenker, 617-258-2601, aschwenker@draper.com)

Exactech To Open Tampa Bay Manufacturing Facility

Exactech, an orthopedic device company, will open a new manufacturing
facility in Manatee County. The 13,000-square-foot facility will manufacture
surgical instruments used to implant the company’s joint replacement devices.
Exactech, based in Gainesville, Fla., expects to hire 12 employees during the
start-up phase. That number is expected to at least double during the next
three to five years. The company currently designs and manufactures
orthopaedic devices that are used by surgeons in more than 30 countries around
the world. (Contact: Priscilla Bennett, 352-377-1140,

Biopsy Sciences Relocating to Tampa Bay

Biopsy Sciences recently announced they will move operations from Tucson,
Arizona to Pinellas County, Florida. The relocation of the growing biomedical
research and device company includes new high wage jobs paying 200% of the
county’s average annual wage, adding to the region’s growing life sciences
industry. Biopsy Sciences develops new and innovative products for the medial
market including the HydroMARK, a breast biopsy site marker that helps
patients by replacing lengthy mammogram-guided wire localization procedures
with quick, accurate ultrasound-guided localization procedures that are more
comfortable for patients. The company took advantage of Florida’s Qualified
Targeted Industry (QTI) program to assist with the financial implications of
relocating. (Contact: Dr. John Fisher, 727-290-9825,
http://www.biopsysciences.com )

Quasar Bio-Tech To Move Manufacturing to Tampa Bay

Quasar Bio-Tech, which produces light therapy devices used by medical
professionals and consumers, is planning to move its manufacturing to Manatee
County and add up to 24 employees in 2009. Quasar Bio-Tech relocated its
headquarters, distribution and research and development from Valley Forge, PA
to 2,500-square-feet of space in Manatee County in 2008 citing the cost of
doing business and workforce availability as key factors in its relocation
decision. Quasar currently uses a vendor in Texas for manufacturing and is
seeking local suppliers and vendors for its expansion into Manatee County.
(Contact: Frank Kramer, 941-306-5812, frank@quasarpro.com)

Groundbreaking on $35 million Salvador Dali Museum

Elected officials, civic leaders, museum volunteers, trustees and staff
took part in the official groundbreaking ceremony on December 12, 2008 for the
new $35 million Salvador Dali Museum which will be located within the Progress
Energy Center for the Arts along the downtown waterfront district. The new
museum, which has reached three-fourths of its funding goal, is to be called
“Placa Dali” and will be a three story, 74,124-square-foot building — twice
its current size. The museum, which currently attracts 250,000 visitors
annually, houses the largest Salvador Dali art collection outside of Spain.
(Contact: Kathy White, 727-823-3767 ext. 3036, kwhite@salvadordalimuseum.org)

Chasco Machine and Manufacturing

Chasco Machine and Manufacturing, Incorporated has finalized plans for a
new 24,800-square-foot facility in the Hernando County Airport Industrial
Park. Utilizing state-of-the-art computer numerically controlled (CNC)
machining equipment this Tampa Bay-based manufacturer produces critical
tolerance, precision-machined parts primarily for the aerospace industry
including parts used in the production of Boeing 737 commercial aircraft.
Chasco Machine currently employs 17 full-time workers and expects to add an
additional 10 employees with their expansion. Construction has begun on the
facility and Chasco expects to be operational by mid-2009. (Contact: Jeff
Roth, 727-815-3510, http://www.chascomachine.com )

USF Awarded Top Research Park

The University of South Florida Research Park has been awarded the
prestigious “Emerging Research Park of the Year Award” from the Association of
University Research Parks (AURP) at the association’s 21st annual conference
in St. Petersburg recently. The award is presented annually to an emerging
university research park in operation less than five years and during which
time has excelled in bringing technology from the laboratory to economic
viability. The 87-acre research hub includes a 230,000-square-foot, two-
building complex and houses USF’s Center for Biological Defense and the Tampa
Bay Technology Incubator, currently home to 18 emerging innovative businesses.
(Contact: Vickie Chachere, 813-974-6251, vchachere@admin.usf.edu)

AEW Selects Horizon Bay to Manage Continuing Care Retirement Community

Horizon Bay Retirement Living, a national seniors housing operator based
in Tampa, Fla., announced its selection by AEW Capital Management L.P. to
manage three continuing care retirement communities (CCRC) in Florida.
Regency Oaks in Clearwater, Lake Port Square in Leesburg, and South Port
Square in Port Charlotte, have a total of 1,694 residential units for seniors.
This transaction marks Horizon Bay’s entrance into the CCRC or lifecare market
and increases Horizon Bay’s units under management to over 14,000, with 77
communities located in 15 states. (Contact: Courtney Loebel, 813-961-8388,

[Via http://www.prnewswire.com]


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