Business

Business news

hospital exterior
John Burr

Nearly every hospital chain in Northeast Florida has expanded or built new facilities in the past 10 years.

In this week’s “Business Brief,” analyst John Burr tells News Director Jessica Palombo what factors are behind the healthcare boom. 

Burrito Gallery via Instagram

Members of the partnership that founded Jacksonville’s Burrito Gallery restaurants are tied up in a legal battle over rights to the name.


Enterprise Florida via YouTube

Enterprise Florida, the state's public-private economic development agency, has introduced a new $10 million global advertising campaign that declares, "Florida: The Future is Here."

Updated Wed. 2/10 at 4:30 p.m.:

Jacksonville-based VyStar Credit Union has online banking up-and-running again after customers experienced technical difficulties over the last couple days.

Vystar CEO Terry West says online banking was supposed to be up Monday morning, after the bank ditched its old Internet-banking system for a new one Friday night.  

“So many people tried to access the system and could not get in as fast as they wanted, started calling us, so it was just a huge volume impact,” he said.

John Burr

Protecting themselves from hackers is becoming a big priority for Northeast Florida companies.

In this “Business Brief,” analyst John Burr tells WJCT News Director Jessica Palombo evolving threats are changing the way companies protect their customers’ privacy.


Safe Harbor seafood truck
Safe Harbor Seafood

The ownership group behind some of Northeast Florida’s favorite seafood restaurants is opening a new place.


Cowford Chophouse

After a month of work on the planned Cowford Chophouse in downtown Jacksonville, restaurant owners say the project is proceeding on schedule for a fall opening.


woman takes out trash
Advanced Disposal Services

A Jacksonville-area waste disposal company is looking to go public.

Advanced Disposal Services Inc. of Ponte Vedra has filed paperwork with the Securities and Exchange Commission to launch an initial public offering.

The company expects its shares to go for around $21 each, which would raise about $163 million. That money would be used to pay off outstanding debt.

Advanced Disposal said it would trade on the New York Stock Exchange under the symbol ADSW. 

One of the fastest-growing companies in Jacksonville has acquired a Texas-based training consulting firm.

Healthcare IT company the HCI Group bought Expert Technical Advisors, a Houston company it has worked with on several projects. The terms of the deal, a mixture of cash and equity, were not disclosed.

The acquisition ads dozens of employees and millions of dollars in revenue to HCI. The founders of Expert Technical Advisors will also join HCI as vice presidents.

Farm to table in Jacksonville.
Darren Dean / Visit FLORIDA

A local favorite farm is hooking up with one of the biggest distributors in the world.

Black Hog Farm in Palatka has signed a contract with Sysco, which will ship the farm’s produce to local restaurants.

The deal is expected to widen the reach of Black Hog. Its meats and vegetables can now be found in about a half dozen local restaurants, but could soon be delivered as far south as St. Augustine and as far north as Savannah.

Black Hog plans on also sourcing items from other local farms, expanding the types of items that would be distributed.

Facebook group: Uber Jacksonville

Jacksonville officials are considering strong punishments for Uber and Lyft drivers who operate outside of company parameters.

A special committee is considering penalties that could make their way before the full Council.


exterior of building
John Burr

The historic Elks building in downtown Jacksonville just sold for 4.5 million dollars.

In this week’s "Business Brief," WJCT analyst John Burr tells News Director Jessica Palombo why investors are starting to take notice of the city’s urban core.


HOBNOB Facebook

Florida continued to add jobs in December. That’s according to Friday’s numbers from state Department of Economic Opportunity.

In Jacksonville, businesses like restaurants and hotels saw the biggest boost.


laptop and cell phone
Tech.co via Flickr

A Florida group that connects investors with startup companies is venturing into Jacksonville. It’s an Orlando-based network called the Florida Angel Nexus, and its members spoke with potential investors at the University of North Florida last week.


Bill Barnes / Vac-Con

Florida Gov. Rick Scott is touring the state this week, campaigning for his proposed tax cuts.

The latest stop on his “1 Million Miles for 1 Million Jobs” bus tour is a manufacturing plant in Green Cove Springs called Vac-Con. 


Pages