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Embraer

Hundreds of local and state officials gathered today for the ribbon cutting of Brazil-based Embraer’s aircraft assembly facility at Jacksonville International Airport.

The A-29 Super Tucanos will be used by the U-S Air Force in Afghanistan.

The aircraft will be used to conduct advanced flight training, aerial reconnaissance and light air support operations.

Kevin Meerschaert

    Business leaders and elected officials from across Northeast Florida gathered today for an economic summit hosted by Jax Chamber.

Much of the discussion was about how the counties can work together to maintain a strong business climate.

Officials from six area counties talked about the budget problems they had to face the past few years, but all say things are now starting to turn around.

One of the main issues was transportation and the need to work together to get major projects funded and built.

Jaxport

    Korea-based Hanjin shipping will not be building a terminal at Jaxport.

    Port officials say it was a mutual decision based on changes in the world economy.

Instead of building a terminal, Hanjin will be part of an alliance of Asian shipping lines using Jaxport on a rotating basis.

Through this agreement, a total of fifteen carriers with service between the East Coast and Asia will do business in Jacksonville.

Kevin Meerschaert

Jacksonville Mayor Alvin Brown has signed into law legislation to reinvest 11-million dollars for economic projects.

Nine-million will be allocated for development in the downtown area.

The other two million will be used for projects elsewhere in the city.

The money comes from savings after refinancing bonds.

Brown says the dollars will be used to encourage private investment in Jacksonville.

Excel23

JEA customers can expect their next bill to be a little bit lower.

    The JEA Board Tuesday

approved a fuel credit at its monthly meeting.

    JEA Executive Director Paul McElroy says the savings come from a lower than expected cost in natural gas.

The one-time credit will work out to about 35-dollars for the average residential customer. Commercial customers a likely to see about a 2-thousand dollar credit.

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