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Corporate Report
Gerdau Ameristeel of Tampa
buys Ontario recycling firm
Tampa-based Gerdau Ameristeel has acquired Metro Recycling, a scrap processor based in Guelph, Ontario. Terms of the deal were not disclosed.
"Metro's operations and experienced leadership team will enhance Gerdau Ameristeel's continuing strategy to grow our scrap processing capability throughout North America," Matt Yeatman, Gerdau Ameristeel's vice president of raw materials, said in a press release. "Metro is an excellent complement to our existing recycling and production facilities."
Metro Recycling has two locations in Guelph and a third in Mississauga.
Gerdau Ameristeel is the second-largest mini-mill steel producer in North America, with annual manufacturing capacity of 12 million tons of mill-finished steel products. It operates as a network of 19 mini-mills (including one that is owned on a 50% joint-venture basis), 22 scrap recycling facilities and 66 downstream operations.
CPC of America selects
Medical Product Service
CPC of America Inc, a Sarasota-based company focusing on therapeutic devices used in endovascular and cardiovascular procedures, will seek European regulatory approval for its MedClose vascular puncture-closure device. It's partnering with Medical Product Service GmbH of Germany.
According to published third-party research, European vascular closure device market sales for 2008 are projected to total about $160 million. Industry experts forecast that in Europe, the penetration of VCDs into minimally invasive cardiovascular procedures will experience a 9% compound annual growth rate and drive VCD sales and revenues.
"The European Union offers significant opportunities to broaden the MedClose market potential," said Rod Shipman, chairman and chief executive officer of CPC of America. "By aligning ourselves with MPS, we are setting a critical path to market in Europe. Our team will work closely with MPS in building key partnerships and navigating the European regulatory regime and clinical trials. We recognize the need for a safe, reliable closure system that reduces time to hemostasis and allows for faster patient ambulation and, when necessary, wound re-access. With MedClose, we aim to fill that need in the U.S. and Europe."
MPS's role will include reporting, communicating with competent authorities in individual member states, assisting in securing international product registrations, and preparing and completing dossiers for clinical trials and CE markings.
Headquartered near Frankfurt, Germany, MPS is a European medical device consulting agency.
Etc...
Walter Industries board to
issue new quarterly dividend
The board of directors for Tampa-based Walter Industries Inc. has declared a regular quarterly dividend of 10 cents per common share, payable on Dec. 5 to shareholders of record at the close of business on Nov. 7.
Walter Industries is a producer and exporter of metallurgical coal for the steel industry and also produces steam coal, coal bed methane gas, furnace and foundry coke and other related products. The company also operates a mortgage financing and affordable homebuilding business.
Fifth Third picks Call to head
S. Florida bank operations
Cincinnati-based Fifth Third Bancorp announced that David Call has been named president and CEO of Fifth Third Bank, South Florida. Call previously held the same positions for Fifth Third Bank, Ohio Valley.
Call began his career at Fifth Third Bank in July 2002 as vice president and regional commercial market manager of the bank's Ohio Valley affiliate. He completed numerous commercial and retail banking assignments before being promoted to president and CEO in 2005. His most recent efforts included leading the integration of First Charter Bank, further diversifying the bank's footprint and guiding its entry into fast-growing southeastern metropolitan markets.
"In addition to his relevant experience, David has the background, motivation and commitment to position the South Florida affiliate for continued success in the future," Terry Zink, executive vice president and head of affiliate administration, said in a press release. "He has provided excellent service for Fifth Third Bank and I have the utmost confidence in David as he undertakes this role."
Former West Virginia Governor Bob Wise appointed Call to the board of Job Investment Trust.
He is also a member of the executive committee for A Vision Shared's Tax Modernization. He is a board member and past president of the ProTec Group Inc. and serves on the board of the West Virginia Golf Charities, Huntington Area Development Corp. and West Virginia Roundtable.
TECO Energy of Tampa
issuing 20-cent dividend
The board of directors for Tampa-based TECO Energy Inc. plans to issue a 20-cent per share dividend payable on Nov. 28 to shareholders of record as of Nov. 14.
TECO Energy is an energy-related holding company. Its principal subsidiary, Tampa Electric Company, is a regulated utility in Florida with both electric and gas divisions (Tampa Electric and Peoples Gas System). Other subsidiaries include TECO Coal, which owns and operates coal production facilities in Kentucky and Virginia, and TECO Guatemala, which provides energy in Guatemala.
Midwest NeuroSurgery & Spine
chooses Intergy EHR by Sage
Midwest NeuroSurgery & Spine Specialists, an eight-neurosurgeon group practice in Omaha, Neb., will deploy Tampa-based Sage Software Healthcare's Intergy electronic health record and physician practice management software system.
The group, the largest neurosurgery practice in the Omaha metro and Southwest Iowa region, will go live on the single database system Dec. 2. Intergy software will also be utilized for the practice's imaging center (MRI, CT and X-ray) that is located in its main medical office building.
The electronic health-record system will allow Midwest NeuroSurgery to continuously monitor data in almost real time to evaluate and improve patient treatment results. Previously, the practice relied on premed college students to manually review and analyze paper records - a resource-intensive, time-consuming task.
Midwest NeuroSurgery also employs six physician assistants and 25 administrative staff members.
Sage Software Healthcare Inc. provides integrated electronic health records, EDI applications and practice management systems.
Advanced Ultrasound appoints
Relations PR & Marketing
Tampa-based Advanced Ultrasound Services has hired Relations PR & Marketing to conduct a new public relations campaign.
Advanced Ultrasound Services specializes in administering state-of-the-art, 3D and 4D ultrasounds for both pregnancy and reproductive screenings.
Founded in 2005, Relations PR & Marketing is a full-service marketing communications firm based in Tampa.
Diamondhead Casino receives
$1 million credit line
Largo-based real estate firm Diamondhead Casino Corp. entered into an agreement with an as-yet unannounced lender for a new $1 million line of credit.
According to a public filing by the company, the line of credit has a 9% interest rate and must be paid on a quarterly basis. The funding agreement must be completely paid off by Nov. 1, 2012.
As part of the agreement, the financier was awarded the option to buy up to 50,000 shares of company stock for $1.75 a share.
The lender will gain additional options to buy shares for the $1.75 price, proportionate to Diamondhead Casino's borrowing of up to a maximum of 250,000 shares.
Gold Standard unveils updated toxicology Web site
Tampa-based Gold Standard Inc. has relaunched ToxED (www.toxed.com), an upgraded clinical toxicology Internet resource with information to treat poisonings, drug overdoses and exposure to chemicals and hazardous waste.
Through the end of this month, Gold Standard is offering free opportunities to view the new version of ToxED on its Web site.
"ToxED is a crisp, concise, detailed, current and clinically relevant online resource designed to help clinicians get the information they need to support clinical care," Michael W. Shannon, M.D., medical editor-in-chief and board co-chair of ToxED, said in a press release. "No other source in toxicology delivers information and insight of comparable timeliness and quality delivered in an easy-to-navigate and access format."
The first version of ToxED was introduced in 2006. The new edition is based on the highly authoritative toxicology manual by Haddad and Winchester, Clinical Management of Poisoning and Drug Overdose, published by Elsevier, Gold Standard's parent company and a leading publisher of medical, scientific and technical product and service information.
The new Web site/database is designed to outperform its competitors by condensing information and reducing the number of atypical case responses.
"These interesting but atypical cases tend not to meet clinicians' needs and require an extensive amount of time to search and review," said Dr. Shannon. "A clinician attempting to treat a 70-year-old man with an aspirin level of 85 wants reasonable, step-by-step guidance on what to do - not an unwieldy treatise on everything that could possibly happen to a patient."
ToxED also features a specialized plant and mushroom database, which includes pictures. The database is divided into sections focused on emergency management principles, specific agents and treatments, and environmental and occupational toxicology.
More than 2.4 million poisoning cases were reported to the American Association of Poison Control Centers in 2005, and 23% of them required treatment in a healthcare facility. Nearly 1,300 cases were fatal. On average nationally, poison control centers handle one poison exposure every 14 seconds, and 53 percent of poison exposures occur with children under the age of six.
Gold Standard is a developer of drug information databases, software and clinical information solutions. Its customers include more than 1,000 hospitals; large retail pharmacy chains and consultant pharmacy organizations; state and federal agencies; leading pharmacy and medical schools and health information Web sites; other healthcare professionals; plus consumers worldwide. Elsevier has more than 7,000 employees in more than 70 offices in 24 countries.
Spindlyville products available on the Internet
Sarasota-based She Designs Inc. has launched an online store for its Spindlyville line of greeting and note cards, gift tags, invitations, notepads and other stationery items. The site is www.spindlyville.com.
She Designs is owned by Sarasota artist Sheila Sons. The name "Spindlyville" comes from the miniature, spindly characters that appear on each item. Sons previously sold the Spindlyville products directly to retailers.
"The inquiries I was receiving from locations where the products are not available through retailers is what prompted me to open an online store," Sons said in a press release.
Jabil makes
location devices for California firm
The manufacturing facility of St. Petersburg-based Jabil Circuit Inc. in Meung-sur-Loire, France, produced the first production-ready, PocketFinder devices for Location Based Technologies, an Anaheim, Calif.-based provider of personal locator devices and services.
"This is the beginning of a very exciting time for the growth of the company and for our customers," David Morse, cheif executive of Location Based Technologies Inc., said in a press release. "Within the week we will begin delivering final devices to a list of companies ranging from Tier 1 telecommunications carriers to international distributors that have expressed interest in our versatile GPS location devices."
The PocketFinder family of personal locator products includes a single-board GSM/GPS device that can be stored in a pocket, purse or backpack, and can be accessed via the Internet, cell phone or land line to show its exact location in real time. In addition, the devices include several advanced features, such as being able to designate customizable alert areas as electronic "fences," which can notify users when a person or pet leaves or enters a specified area. The devices can even track vehicle speeds to encourage safe driving decisions.
In other Jabil news, the company's board of directors approved a quarterly dividend of seven cents to shareholders of record as of Nov. 17. The dividend is payable on Dec. 1.
Jabil provides electronics design, manufacturing and product management services, and employs more than 75,000 people.
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