December 03, 2018
Total Page:16
File Type:pdf, Size:1020Kb
Brevard Business BBN News Vol. 3620 No. No. 49 1 DecemberJanuary 3, 20187, 2002 $1.00 A Weekly Space $1.00Coast Business Magazine with PublishingA Weekly Roots Space in CoastAmerica Publication since 1839 LeonardoBrevard DRS Job expanding Link its Melbourne key site; facility owned by Sutton Properties Byresource Ken Datzman connecting With defense spending on the rise as America rebuilds its armed forces and investsfirms in all types of systems and and equip- job seekers ment, the technology sector is experiencing some of its best times. access to America’s Job Bank and other By TheKen many Datzman defense–oriented companies employment Web sites, videos, career on the Space Coast, both large and small, guidebooks and an in–depth collection of andThe their visibility subcontractors, of the Brevard are bigtim Jobe Link periodicals, including “The Wall Street beneficiariesgot a big boost of inthis 2001. increased spending Journal.” worldwide.The continuing contraction in the The centers also have computers economy,And so arealthough select adevelopers, rebound is facilit expectedy equipped with word–processing software, owners,in 2002, general focused contractors, a much brighter architects, light an ond fax machines, copiers, laser printers, and commercialthe importance real–estate of the organization agencies in and telephones with long–distance access. A communities.its mission in the county. videoconference system is available, AsThe defense four full–service, businesses one–stopconsistentl careery which may be used for conducting grow,centers facility in Brevard expansion — from plans Palm often Bay come to interviews. intoTitusville play. — handled significantly Employers, said South, can provide increasedGlobal defense traffic, evenexpenditures catering are to peopl set toe the Job Link with its openings1.2 inches free of x .35 inches reach their highest level since the end of who have never had a need to tap this charge either online, by fax6.5 or picas phone, x 2.7 picas the Cold War, according to the annual resource before. visit one of the centers “or they can ask “Jane’s Defense Budgets” report. Worldwide“It’s been a defense great year spending in that is we forecast have for a representative to come and see tobeen come able in toat get$1.6 services trillion outin 2018. to people them at their place of business. We quickerAnd while and more especially efficiently Northrop than ever would like to see every singleThe job photos order in still need more red Grummanbefore,” said Corp. Linda and South, Harris executive Corp. have Brevard County to be in tpleasehe Job Link hold this week's paper up to your screen director of the organization. She added, “I system, so that we can rapidly match been in the news a lot, winning contracts, you can see that the printers settings are dthinkoing deals,a lot more and peoplegrowing have their come employment to skill sets. And if we don’t have the match ranksunderstand here, Leonardo the value DRS of the Inc. rich has re- been we’ll use the information togood create because the red present and red bulbs are good reachingsources thatnew areheights, available too, in in the the local Brevard education and training opportunitiesbut the faces that are too pale. they need red and maybe some yellow, market.Job Link centers, not only from a job– are responsive to the need.but” definiately red seeker’sThe company, standpoint with but its also U.S. from headquar the - Brevard Job Link is funded through ters in Arlington, Va., has an interesting employer’s standpoint.” the Brevard Development Workforce BBN photo — Adrienne B. Roth historyThese here information–packed. centers Board Inc. in Rockledge. It also has been The four full–service one–stop career centers of Brevard Job Link are seeing increased traffic. Linda South, offerLeonardo a variety DRS of services Inc., formerly to job known seekers, as successful in winning competitive grants DRS Technologies Inc., has had a presence executive director, said her organization is a rich resource for both the job seeker as well as the employer. businesses and the unemployed. For Michael Anderson is associate director. They are at the Melbourne site in Perimeter Center. ininstance, Brevard t hereCounty are for job more referrals, than 20 Internet years. Please see Brevard Job Link, page 18 Back then, DRS was roughly a $150 million enterprise. Today, it’s a growing multi–billion dollar corporation dWhatoing business the around the Social world. Security plan would mean to you “Their first location in Brevard County Nothing will happen immediately The 16–member panel unanimously was in Palm Bay,” said area businessman By Mary Deibel since President Bush isn’t expected to approved these options three weeks ago Fred Sutton, president of Sutton Proper- Scripps Howard Service make any recommendations to Congress to carry out Bush’s campaign pledge to ties. “DRS occupied a roughly 10,000– square–foot facility and employed maybe a until 2003, after the 2002 congressional let younger workers divert some of the Here’s what to expect if Social elections. 6.2 percent payroll tax they owe on dozen people. It’s been an incredible growth BBN photo — Adrienne B. Roth storySecurity for this is changed market, so the that way younger the company Basic Social Security checks would be wages to individual accounts that own workers can invest some of their payroll Leonardosmaller than DRS incalled Melbourne for in currentis undergoing law. a 40,000–square–footstocks and bonds. expansion. The Arlington, Va.–based company is seeing strong growth as defense has evolved over the years.” spending is on the rise. The Melbourne campus houses a number of business units, including Land Electronics and Airborne and Intelligence Systems. tax money in private accounts, as Depending on market performance, total Workers who opted to take part would Sutton has seen, upclose, the company The Melbourne location is also home to the company’s Network Operations & Manufacturing Center of Excellence. The local team working the expansion BREVARD BREVARD growPresident because Bush’s his commercial Social Security real–estat Com-e projectbenefits includes, from Social from Securityleft: Mike plusWilliams, your MH Williamschoose Construction from the five Group; low–risk Fred funds,Sutton, oneSutton Properties; architect Vaughn Holeman, Holeman firmmission has proposedbuilt a longstanding a few weeks relationship ago. Group;personal and account Mike Ullian, could The be higherUllian Realty or Corp. each for government bonds, corporate PRESORTED as aCurrent landlord, retirees executing and leases those an nearingd lower. bonds and a stocks–and–bonds mix, plus BUSINESS BUSINESS eretirementxpanding facilities — anyone to a 55ccommodate or older today their The commission plans call for extra two stock–index funds that track the US many— would cycles get of Society growth Security here. The benefits relation as- tax money of up32904 to $71 billion a year and broader market. Workers could change POSTAGE PAID INC. shippromised has stood under for themore present than 20 system. years. require other changesNEWS, that could raise their choice once a year and couldn’t BUSINESS SuttonWorkers has younger developed than commercial 55 could put and income or payroll taxesBREVARD or raise the borrow or withdraw money. STANDARD PAID rmoneyesidential into properties a private inaccount. Brevard GOP Count panely retirement age for future retirees. l PLAN 1. “Free Lunch” — lets NEWS, POSTAGE for more than 40 years. His company has US member and former Congressman Bill Social SecuritySTANDARD currently collects workers put 2 percentage points of their Frenzel calls the Bush Commission’s enough payroll tPRESORTED ax to pay 100 percent of 6.2 percent payroll tax into a personal three–accountPlease see alternativesSutton Properties, the Free page 23 benefits through 2038 and 73 percent of account. Nothing else changes, and INC. Lunch, the Blue–Plate Special and the benefits thereafter if the system isn’t Subsidized Lunch. changed. Please see Social Security, page 16 BBN BREVARD BUSINESS NEWS online at BrevardBusinessNews.com Commissioner highlights progress made in Brevard; new construction increases more than 50 percent l NASA informed us that there are four companies l Lagoon: Our ½ cent sales tax is at work. North By Rita Pritchett building manned space vehicles: SpaceX, Boeing, Brevard projects underway are in Canaveral Groves, District One Lockheed Martin and Blue Origin, right in our backyard. Cocoa, Mims, Port St. John, Scottsmoor and Titusville. Brevard County Commissioner SpaceX plans to launch every 13 days and first will be Projects include Living Shorelines (oyster beds), muck launching an uncrewed test flight in March/April of 2019, removal, septic–to–sewer conversions, numerous baffle Happy Thanksgiving. God Bless America. followed by Boeing. The smile has not left my face. boxes, and storm–water work. The Osprey Water Recla- It has been a great 2018 and there is so much in our l Astro Pak on Grissom Parkway in Titusville has mation Facility in Titusville received an $8 million lives to be thankful for. A special thank you to all the men completed reconstruction on its 38,000–square–foot nutrient–removal upgrade from the Lagoon funds. This and women who have served our great nation in the building. This facility will enable them to create 17 new project will significantly improve the removal of nutrients military. I appreciate your support as we continue to gain jobs once it is fully operational. It is the industry leader in (nitrogen) from reclaimed water, which in turn will reduce momentum in this season of growth. We certainly are passivation, precision cleaning and testing, electro– the amount of nitrogen passed from ground water into the enjoying economic recovery in Brevard County. It is a polishing, and related metal surface treatment technology. lagoon. Many Lagoon projects are still in the beginning great day in Brevard County and especially in District 1.