ORLANDO, Fla. --- Mercantile Capital Corporation, which is moving to new headquarters facilities in downtown Orlando, recently closed on a pair of U.S. Small Business Administration (SBA) 504 Loans that will help build and equip a steel processing plant in Jackson, Ala., valued at over $12 million.
Geof Longstaff, chairman of Mercantile Capital Corporation, said the new steel slitting facility is a promising sign of economic growth and industrial expansion in southwest Alabama. This loan also ranks as Mercantile Capital’s largest single SBA 504 transaction to date.
SET Enterprises, Inc., a leading provider of steel processing services with operations in Michigan, Indiana and Illinois, expects to initially employ some 30 workers when it opens its new 70,000 square foot steel plant next year and may ultimately employ up to 50 workers, said Chris Hurn, chief executive officer of Mercantile Capital Corporation.
“At full capacity, this new plant can process 360,000 tons of material,” Hurn said. Most of the steel will support new production for the automotive and drilling industries in the Gulf Coast region, he said.
The SBA 504 loan, which helps to finance new plant equipment as well as construction, was provided in conjunction with Bank of America and First United Security Bank of Thomasville, Alabama.
Mercantile Capital projects it will close 60 commercial loans in 2011 to finance projects valued at more than $150 million in more than 15 states.
Monday, December 5, 2011
CENTRAL FLORIDA GOLF TRIPS SURPRISES FIRST GUESTS WITH CHAMPAGNE TOAST, GIFT BASKET AT STONEYBROOK WEST
ORLANDO, Fla. --- Central Florida Golf Trips, a startup company that books golf and resort accommodations at Central Florida golf courses, recently surprised its first guests with a champagne toast and gifts that included a PING G20 driver and fitting.
Michael J. Neumann, social media supervisor for Celebration Golf Management, Inc. made the presentation to Carl Powell and his good friend Bob Lord from the U.K.
“Carl and Bob were tapping in their putts on the 18th green at Stoneybrook West Golf Club when Stoneybrook West General Manager Mark Bearss asked them to meet their Golf Trip Manager Barbara Bearss, in the all new event pergola at the club,” Neumann said.
Neumann then presented the gifts to Lord which included golf shoes, golf balls, and an autographed PING hat from 2011 President's Cup Team Member Bubba Watson.
Powell, who booked the trip, received a gift certificate for a brand new PING G20 driver along with a custom fitting in the Ping nFlight Fitting and Teaching Studio at Celebration Golf Club.
Michael J. Neumann, social media supervisor for Celebration Golf Management, Inc. made the presentation to Carl Powell and his good friend Bob Lord from the U.K.
“Carl and Bob were tapping in their putts on the 18th green at Stoneybrook West Golf Club when Stoneybrook West General Manager Mark Bearss asked them to meet their Golf Trip Manager Barbara Bearss, in the all new event pergola at the club,” Neumann said.
Neumann then presented the gifts to Lord which included golf shoes, golf balls, and an autographed PING hat from 2011 President's Cup Team Member Bubba Watson.
Powell, who booked the trip, received a gift certificate for a brand new PING G20 driver along with a custom fitting in the Ping nFlight Fitting and Teaching Studio at Celebration Golf Club.
ORLANDO-BASED GROUNDFLIGHTS RECEIVES TOP PRIZE WORTH MORE THAN $30,000 AT RECENT B.I.G. SUMMIT AT FULL SAIL UNIVERSITY
ORLANDO, FLA. - GroundFlights, Inc., an Orlando-based executive transportation company, recently received the “Judges’ Choice Award,” the top prize at Orlando Inc.’s B.I.G. Summit, for its video and business model.
The B.I.G. Summit, Orlando Inc.’s premiere event for business innovation and growth, focused on regional entrepreneurship, according to Orlando Inc. President Leslie Hielema.
“The impact of the B.I.G. Award is measured not only by the recognition provided to the winner, but also by the benefits that will come from a prize package that includes training, consultation and regional exposure associated with complimentary advertising and membership in key entrepreneurial associations and programs,” she said.
Orlando Inc., a five-star chamber of commerce, is one of four divisions of the Central Florida Partnership. The judges for the summit – entrepreneurs who themselves are growing successful companies – selected GroundFlights as the best example of the ultimate customer experience.
GroundFlights’ video, which can be seen on the www.BigAward.org website, was filmed over the course of eight hours at the University of Central Florida Business Incubator-Orlando, where GroundFlights is headquartered. It was a collaboration by GroundFlights, Inc., producer Valensky Sylvain (www.DarkElfFilms.com) and Director James Hunter, President of 1st Dibz Productions. Jason Goldberg, co-founder and chief executive officer of GroundFlights said the competition for the award – for which the total value exceeds $30,000 – was tremendous.
“Being selected as the ‘Judges’ Choice’ was an honor in and of itself,” he said. “But now being able to partner with organizations like Orlando Inc. and the firms that are donating their time and expertise may be just the momentum we need to take our company to the next level.”
About GroundFlights:
GroundFlights is your premier source for executive transportation and maximized productivity. GroundFlights provides on-demand, door-to-door mobile executive office (MEO) service throughout the state of Florida. The MEOs are specially constructed and technologically advanced Lincoln Navigator SUVs (and coming soon, Mercedes-Benz Sprinter Vans) with all of the amenities expected of an executive office suit and driven by a trained and certified ground pilot. The company’s goal is to alleviate stress and maximize productivity for those traveling on business.
About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 200 emerging companies (including more than 100 current clients) create over $200 million in annual total economic output and more than 1,600 new jobs with an average salary of $59,000. With nine facilities across the Greater Orlando community, the Business Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. Please visit www.incubator.ucf.eduand UCFBIP on Facebook.
The B.I.G. Summit, Orlando Inc.’s premiere event for business innovation and growth, focused on regional entrepreneurship, according to Orlando Inc. President Leslie Hielema.
“The impact of the B.I.G. Award is measured not only by the recognition provided to the winner, but also by the benefits that will come from a prize package that includes training, consultation and regional exposure associated with complimentary advertising and membership in key entrepreneurial associations and programs,” she said.
Orlando Inc., a five-star chamber of commerce, is one of four divisions of the Central Florida Partnership. The judges for the summit – entrepreneurs who themselves are growing successful companies – selected GroundFlights as the best example of the ultimate customer experience.
GroundFlights’ video, which can be seen on the www.BigAward.org website, was filmed over the course of eight hours at the University of Central Florida Business Incubator-Orlando, where GroundFlights is headquartered. It was a collaboration by GroundFlights, Inc., producer Valensky Sylvain (www.DarkElfFilms.com) and Director James Hunter, President of 1st Dibz Productions. Jason Goldberg, co-founder and chief executive officer of GroundFlights said the competition for the award – for which the total value exceeds $30,000 – was tremendous.
“Being selected as the ‘Judges’ Choice’ was an honor in and of itself,” he said. “But now being able to partner with organizations like Orlando Inc. and the firms that are donating their time and expertise may be just the momentum we need to take our company to the next level.”
About GroundFlights:
GroundFlights is your premier source for executive transportation and maximized productivity. GroundFlights provides on-demand, door-to-door mobile executive office (MEO) service throughout the state of Florida. The MEOs are specially constructed and technologically advanced Lincoln Navigator SUVs (and coming soon, Mercedes-Benz Sprinter Vans) with all of the amenities expected of an executive office suit and driven by a trained and certified ground pilot. The company’s goal is to alleviate stress and maximize productivity for those traveling on business.
About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 200 emerging companies (including more than 100 current clients) create over $200 million in annual total economic output and more than 1,600 new jobs with an average salary of $59,000. With nine facilities across the Greater Orlando community, the Business Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, The City of Sanford, Lake County, the City of Leesburg, Osceola County, the City of Kissimmee, City of St. Cloud, Volusia County and the Florida High Tech Corridor Council. Please visit www.incubator.ucf.eduand UCFBIP on Facebook.
Subscribe to:
Posts (Atom)
