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Archive for January, 2009

Florida Pharmaceutical Jobs Created by Biotest Expansion

Tuesday, January 27th, 2009

A local company’s expansion will help create new Florida pharmaceutical jobs.

Biotest Pharmaceuticals recently announced its plan to expand its facility in Palm Beach to help increase production, a move that will create 50 new jobs. The company also plans to reconfigure and renovate its current building location to accommodate increased manufacturing.

“The growth of Biotest Pharmaceuticals in Florida demonstrates the strength of our business environment and skilled workforce,” Governor Charlie Crist said in a press release. “The economic impact for the expansion is estimated at $89 million, which is good business for Florida’s economy. I congratulate everyone involved in advancing this project to where we are today.”

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Florida Warehouse Jobs Lost as Circuit City Closes

Wednesday, January 21st, 2009

Several Florida warehouse jobs will be lost when Circuit City closes.

Circuit City, the country’s second-largest electronics store, is planning to close, a move that will result in the loss of hundreds of Florida jobs. According to an article by WFTV, about 100 workers will lose their jobs when the company closes its Groveland distribution center. Those employees will, however, continue to be paid for the next 60 days.

Overall, Circuit City is closing 23 stores in Central Florida, as well as the large warehouse in Lake County. The warehouse has been at the Christopher Ford Commerce Park for about 10 years. Lake County currently has an unemployment rate of about 8 percent, its worst in 20 years, which isn’t good news for future job seekers.

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Florida Manufacturing Jobs with PGT Cut

Thursday, January 15th, 2009

More Florida manufacturing jobs will be lost as a large company makes more job cuts.

PGT Inc., based in Venice, Fla., recently cut another 150 jobs in an effort to reduce costs. The company, which makes hurricane-resistant windows and doors, hopes the manufacturing job cuts will help save more than $6 million each year, according to an article by the Herald Tribune. The layoffs affected workers at PGT’s plants in Venice and Salisbury, N.C., but it is unclear how many employees were laid off at each site.

The company currently employs 1,350 workers, 44 percent less than its peak employment number. In December 2006 PGT employed 2,400 workers. The lower number of jobs can be traced back to the downturn in Florida’s housing market.
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Florida Insurance Jobs with Cigna Corp. Cut

Thursday, January 8th, 2009

More than 1,000 Florida insurance jobs will soon be lost.

Cigna Corp. recently announced its plan to cut 1,100 jobs, or about 4 percent of the company’s workforce. The company also plans to consolidate some of its real estate locations. Cigna, which is based in Philadelphia, employs 500 workers throughout Florida.

In part affected by the recession, Cigna expects to face $30 million to $40 million in cost reduction charges after tax during Q4, according to an article by the Jacksonville Business Journal.
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