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Business Observer Thursday, Sep. 11, 2008 14 years ago

Corporate Report

Equity firm seeks to invest in Freedom BankEntel PCS picks Syniversefor mobile roaming processPeoples Gas, Tampa Electricask for rate increasesSage Software Healthcarehires new COOArmy expands contract withGeneral Dynamics OrdnanceShells Seafood Restaurantsfiles for Chapter 11 Ethos Investigative Services buys Global Risk ServicesChico's sales down, concludes deal with Phelps' motherWellCare Health Planshires its first COORoper Industries buysGeorgia software makerAerosonic hires new COO,exec VP/CFO to resignWellSpring Pharmaceutical buys several McNeil drugsIntertape Polymer Groupsigns deal with PellikoTampa Busch Gardens exec to manage new Dubai parksNaples Wild Oaks closing,new Whole Foods Market to openT.O.P.S. Staffing mergeswith Ad-Vance ScreeningSky Angel inks on-demand deal with Exploration FilmsMinSURG Corp. launches international division Rosetta Technologies offersRicoh SP 3300D printersVenice's XCPT hiresDesign Marketing GroupAmerican Strategic Insurance offers new policies in LouisianaTarpon Springs Institute offersnew cataract lens implantAerosonic Corp. awarded$1.4-million Boeing orderTampa Super Bowl tie-in bid deadline is Sept. 15HomeBanc opens two new branch locations in TampaOklahoma Sheriff's officeto purchase Stinger S-200sValpak, Food Net serve up Grill It! sweepstakesPGT Industries introducesthree commercial products

Corporate ReportEquity firm seeks to invest in Freedom BankCommunity Bank Investors of America LP has filed applications with the Florida Office of Financial Regulation and the Federal Deposit Insurance Corp. for regulatory approval to invest $5 million and acquire an interest in beleaguered Bradenton-based Freedom Bank. As Coffee Talk reported last month, the Richmond, Va.-based community bank-focused private equity firm plans to give the bank some much needed cash in exchange for five million shares of common stock and two seats on the bank's board of directors, to be filled by Laurence C. Fentriss and Timothy A. Anonick, both CBIA principals.The transaction is expected to close later this year.In 2006 Community Bank Investors of America purchased Tampa-based Bay Financial Savings Bank, which became Progress Bank of Florida earlier this year.Freedom Bank still needs to raise an additional $15 million from other investors to bring the deal to fruition and has issued a stock offering to raise between $20 million and $25 million.Entel PCS picks Syniversefor mobile roaming processEntel PCS, one of Chile's largest mobile phone operators, has selected products from Tampa-based Syniverse Technologies for its clearing, anti-fraud and roaming management system.In addition to selecting Syniverse's Data Clearing House for GSM and Financial Clearing House for GSM, the South American operator also has chosen Syniverse DataNet and Roaming Management Services.Syniverse DCH and FCH will work together to handle Entel PCS's data and financial clearing. DCH will serve as a single point of contact for the exchange of roaming billing records between Entel PCS and its roaming partners as subscribers move in and out of networks. FCH will manage Entel PCS's payable and receivable positions with these partners.RMS assists in the exchange of roaming-partner information, enabling mobile operators to perform queries, run reports and send alerts on essential roaming agreement data. "Choosing Syniverse gives us two clear advantages in today's competitive marketplace," Juan Carlos Jil, international services director, Entel PCS, said in a press release. "First, we benefit from its local presence that both gives Syniverse an intimate understanding of the challenges we face and has earned Syniverse an excellent reputation for superior in-region customer service. Second, we can rely on a trusted provider of tightly integrated roaming solutions that enhance our subscribers' customer experience and increase revenue assurance."Syniverse Technologies provides mobile services products to communications companies.Entel PCS, part of Empresa Nacional de Telecomunicaciones S.A., the largest telecommunications company in Chile, provides mobile and Internet plus local and long-distance, fixed-line phone and other related services. Peoples Gas, Tampa Electricask for rate increasesTampa-based Peoples Gas System and Tampa Electric have filed requests for base rate increases with the Florida Public Service Commission. It has been about six and 16 years since People Gas System and Tampa Electric have filed for increases, respectively. Since its last base rate increase, Peoples Gas has added about 100,000 new customers and Tampa Electric has grown by 200,000.Peoples Gas System officials attributed the need for a rate hike to increased costs and the need to improve the company's natural gas distribution system. Since the last rate increase, the cost of steel piping has more than doubled and labor costs have increased 22%. Peoples Gas is requesting a base rate increase of $26.5 million, which translates to a roughly 10% increase to the average residential bill starting in the summer of 2009.Tampa Electric says the rate increase is needed due to the 70%-plus cost increase in labor, steel and concrete, related to building, maintaining and operating the electrical system, including power plants, transmission and distribution lines and customer-service facilities. Tampa Electric is requesting a base rate increase of $228.2 million, which would mean an increase of 7.5% to 11% for commercial/industrial customers.The fuel charge is handled separately by both companies as a pass-through cost and is not part of the rate increase requests. However, Tampa Electric notified the Florida Public Service Commission in July that it is estimating a need to recover an additional $209 million based on actual and projected fuel costs for this year.Both Tampa Electric and Peoples Gas System are owned by TECO Energy Inc.Sage Software Healthcarehires new COOThe Sage Group PLC announced that Tampa-based Sage Software Healthcare, one of Sage's four operating divisions in North America, has appointed Lindy Benton as chief operating officer.Benton spent the past 15 years in health care information technology at Cerner Corp. in a variety of roles in sales, marketing, operations, client development and, most recently, as vice president, general manager of Cerner's national business development group.She has been active in HIT industry groups and is a past president of Central Florida HIMSS. Before joining Cerner, Benton was with Digital Equipment Corp. for 11 years.Sage Software Healthcare Inc. provides integrated electronic health records, applications and physician-practice management systems.Army expands contract withGeneral Dynamics OrdnanceThe U.S. Army Field Support Command at Rock Island, Ill., awarded General Dynamics Ordnance and Tactical Systems, a St. Petersburg business unit of General Dynamics, an expansion of an existing demilitarization contract worth another $34.8 million. The latest award to demolish obsolete and excess ammunition brings the total contract value up to $151 million.General Dynamics Ordnance and Tactical Systems currently oversees the resource recovery and recycling of six types of obsolete U.S. Department of Defense ammunition. So far, the company has demilitarized more than 90,000 tons of munitions. "General Dynamics has a long history of performing ammunition demilitarization for the DoD," Dr. Dean Bartles, vice president and general manager of large caliber ammunition for General Dynamics Ordnance and Tactical Systems, said in a press release. "Under this contract, we manage the environmentally safe thermal treatment of excess and obsolete ammunition."Engineering and program management of the program will be conducted in St. Petersburg.Shells Seafood Restaurantsfiles for Chapter 11 Tampa-based Shells Seafood Restaurants Inc. filed for Chapter 11 bankruptcy reorganization in the U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division. Shells owns 18 seafood restaurants and has a partial interest in two others, but has closed eight in Ocala, Winter Park, Orlando, Kissimmee, Winter Haven, St. Petersburg, Holmes Beach and Fort Myers. Four other Shells locations that were partially owned and managed by Rock Beach Grill restaurant are not included in the petition. The remaining ten restaurants owned by Shells are expected to continue operating without interruption."The restaurant industry has been negatively affected by the economic downturn, as recently reflected by the closings of Bennigan's and Steak and Ale restaurant chains," said CEO Marc Bernstein in a press release. "This downturn has affected some of the marginal stores operated by Shells and necessitated the Chapter 11 filings and store closings. The 10 remaining restaurants have the strongest historical performance or the greatest potential for the future. It is our goal to emerge as soon as we can with a capital structure and a balance sheet that will allow us to continue to operate."Shells says it is looking at a variety of post-petition financing options. Ethos Investigative Services buys Global Risk ServicesEthos Investigative Services Inc., a St. Petersburg-based risk mitigation company, has acquired Global Risk Services Inc., a Sarasota-based company that provides subrogation and field investigative services for self-insured companies and insurance carriers. Ethos Investigative Services will not maintain an office in Sarasota, but will be retaining Global Risk Services' field adjusters and subrogation specialists, most of whom already work out of their homes. "We're really gearing ourselves up to be a one-stop shop for risk mitigation," says Ed Cotilla, CEO of Ethos Investigative Services. "We started out mainly doing risk mitigation for workers compensation, but we've since gotten into pre-employment screening and background checks. We're trying to be a company that can handle all our clients risk mitigation needs rather than being pigeonholed into just one spot. [After this acquisition] we're planning to grow organically over the next several months."Chico's sales down, concludes deal with Phelps' motherFort Myers-based specialty clothing retailer Chico's FAS Inc. reported that net sales for the four-week period that ended Aug. 30 declined 2.2% to $116.2 million from the $118.8 million it reported for the four-week period that ended Sept. 1, 2007. Comparable store sales decreased 10% for the same four-week period this year versus 2007.For the thirty weeks that ended Aug. 30, net sales decreased 7.6% to $931 million from $1.008 billion reported for the 30-week period that ended Sept. 1, 2007. Comparable store sales declined 15.9% for the same period that ended Aug. 30, 2008.Also, Chico's signed Debbie Phelps, mother of 14-time Olympic gold medalist swimmer Michael Phelps, as an endorser. The company says that Ms. Phelps, principal of Windsor Mill Middle School in Baltimore, bought her entire Beijing wardrobe at the Chico's in Towson, Md. Chico's operates 1,077 women's specialty stores in 49 states, the District of Columbia, the U.S. Virgin Islands and Puerto Rico, under the Chico's, White House | Black Market and Soma Intimates names. WellCare Health Planshires its first COOTampa-based WellCare Health Plans Inc. reports that Rex Adams has joined the company as chief operating officer. In the newly created position, Adams reports directly to the president and CEO and is responsible for all of the company's operations, including claims payment, customer service and information systems.Before joining WellCare, Adams served as the president and CEO of AT&T East, a division of AT&T Inc. As one of five regional presidents, he was responsible for consumer and business sales and service as well as network operations for the Southern New England Telephone territory.Adams joined AT&T following its merger with BellSouth Corp. During his 12 years with BellSouth, he was president of both its long distance and wholesale services operations. Prior to that, Adams was a consultant at Monitor Co. He also spent five years in the U.S. Army as an infantry officer."Rex has extensive executive management experience with a proven track record of performance improvement in complex operating environments such as ours," Heath Schiesser, president and CEO of WellCare, said in a press release. "Although relatively new to our industry, his demonstrated ability to drive operating initiatives along with our current team's deep industry expertise will be invaluable to us as we strive to be the leader in government sponsored health plans."WellCare Health Plans Inc. provides managed care services for Medicaid and Medicare programs. Roper Industries buysGeorgia software makerSarasota-based Roper Industries Inc. acquired Duluth, Ga.-based Horizon Software International LLC, a software provider to the K-12 education, health care, senior, military and corporate markets.Horizon's products include OneSource software, industry-standard hardware and MealpayPlus for online payment processing. Its products also provide nutritional management, supply chain coordination and documentation for government reimbursement. Horizon will become part of Roper's RF Technology segment and will operate as a standalone business alongside the CBORD Group Inc., which Roper acquired last February. Horizon's K-12 and CBORD's higher education businesses are expected to allow Roper to better serve the entire education market. Horizon will continue to market its products and services with its current brand names."Horizon adds to our successful CBORD business and makes us the clear leader in technology that enables more efficient meal management processes within the educational community," Brian Jellison, Roper's chairman, president and CEO, said in a press release. "The company has built a leading-edge suite of software products that generate attractive recurring revenue, strong customer relationships and high retention rates. Having Horizon and CBORD work together will enhance each business' capabilities, and there will be other exciting opportunities for Horizon to collaborate with several of our other existing businesses."Roper Industries provides engineered products and solutions for global niche markets, including water, energy, radio frequency and research/medical applications.Aerosonic hires new COO,exec VP/CFO to resignThomas Cason has joined Clearwater-based flight product manufacturer Aerosonic Corp. as executive vice president and chief operations officer. Cason was previously vice president and COO at DeMorgan Communities and operations director at Honeywell Aerospace in Sarasota. Also, Charles Pope, Aerosonic's executive vice president, chief financial officer and secretary, announced plans to resign on Sept. 19. The company says that Pope's resignation is unrelated to his work performance and Aerosonic's financial reporting. Jeffery Hummel, Aerosonic's controller, will be interim chief financial officer until a successor is hired, the search for whom has already begun.WellSpring Pharmaceutical buys several McNeil drugs Bradenton-based manufacturer WellSpring Pharmaceutical Corp. purchased several popular over-the-counter drugs from the McNeil consumer healthcare division of McNeil PPC Inc. In an all-cash transaction, WellSpring obtained the U.S. rights to the antifungal Micatin, the anti-nausea Emetrol, and the antacid Gelusil. The company also acquired the Canadian rights to Micatin, Gelusil and the laxative Glycerin suppositories. The purchase price was not disclosed."With consumers taking more responsibility for their own health, this segment of the pharmaceutical market holds substantial promise for growth," Dr. Robert Vukovich, WellSpring's president and CEO, said in a press release. "Having marketed OTC products in Canada for many years, our experience in growing this pharmaceutical category should prove to be very beneficial. WellSpring expects to undertake an aggressive marketing effort to reinvigorate these products and expand their distribution."WellSpring Pharmaceutical Corp. focuses on the development, marketing and sales of new prescription and OTC drug products. WellSpring's prescription drug products marketed in this country include the diuretic Dyrenium and Dibenzyline for hypertension. WellSpring is a privately held pharmaceutical company that was founded in 1999 by Vukovich, who previously founded and managed Roberts Pharmaceutical Corp. of Eatontown, N.J., until it was acquired by Shire Pharmaceutical Group. WellSpring owns and operates an FDA-approved manufacturing plant in Oakville, Ontario. Intertape Polymer Groupsigns deal with PellikoMontreal- and Bradenton-based Intertape Polymer Group Inc. reached an agreement with Pelliko Inc., a marketer of specialized packaging equipment, to acquire the exclusive North American rights for Pelliko's automatic wrapping system. The system automates the wrapping of packages of up to 60 feet in length in less than one minute. It is targeted to companies that work with wood products, which have traditionally been wrapped manually due to unique and varied sizes."We view this as a perfect complement to our existing products and services," Bill Barnes, executive vice president of sales and marketing of Intertape's engineered coated products division, said in a press release. "This initiative is consistent with Intertape's commitment to lead our markets with creative innovation. We have a leading position in the lumber industry with our various products. This system will offer substantial savings to many industries and we are excited by our potential to expand our presence in these markets."Intertape Polymer Group has also introduced filament tape product RG400 for needs that demand 100-pound, tensile-strength tape. It is designed for bundling, strapping, palletizing, load stabilization and temporary encasement. Users can control the filament-strength adhesion levels, read-through clarity and delamination resistance. The reinforced tape market is estimated at approximately $130 million.Intertape Polymer Group develops and manufactures specialized polyolefin plastic and paper-based packaging products and systems. The company employs about 2,100 employees with operations in 17 locations, including 13 manufacturing facilities in North America and one in Europe.Tampa Busch Gardens exec to manage new Dubai parksDonnie Mills, executive vice president and general manager of Busch Gardens and Adventure Island in Tampa, will be executive vice president and managing director for Worlds of Discovery Dubai. In his new role, Mills will be responsible for all aspects of the staging and operations of the Worlds of Discovery Dubai parks - SeaWorld, Busch Gardens, Discovery Cove and Aquatica - in partnership with Nakheel PJSC, a Dubai World company and one of the world's largest and most innovative real estate developers."Donnie Mills has proved himself repeatedly in management roles across our system in a career that spans three decades," Busch Entertainment Corp. President and Chief Operating Officer Jim Atchison said in a press release. "His knowledge of our park brands, his leadership abilities and the breadth of his management expertise make him the ideal candidate to lead the Dubai project."Mills, 50, will stay with Busch Gardens and Adventure Island until taking on the new role in 2010. Groundbreaking on the Dubai project is planned by the end of this year. SeaWorld Dubai, Discovery Cove and Aquatica are slated to open in December 2012, and Busch Gardens in 2015.Mills has worked at five of the 10 Worlds of Discovery parks in a 34-year BEC career. He started at Busch Gardens Tampa Bay as a seasonal employee in 1974 while still in high school. After earning a marketing degree from the University of South Florida, he held several BEC executive including executive vice president and general manager of Busch Gardens and Water Country USA in Williamsburg, Va., plus park operations vice president at Busch Gardens Europe, SeaWorld in San Diego and Busch Gardens in Tampa.Worlds of Discovery Dubai will be developed on Palm Jebel Ali, one of Nakheel's three, man-made, island developments, in a section known as the Crown, which will resemble a giant killer whale when reclamation work is complete. Etc...Naples Wild Oaks closing,new Whole Foods Market to openNatural and organic food supermarket chain Whole Foods Market announced that the Wild Oats Marketplace in Naples will be closing in preparation for the opening of the new Whole Foods Market-Naples store.The more than 100 employees that currently work at Wild Oats will be transferred to the new Whole Foods Market-Naples store, joining an additional 100 new employees that have been hired.The 52,000-square-foot Whole Foods Market-Naples store, in the new Mercato Center at the intersection of Vanderbilt Beach Road and Tamiami Trail, will be the company's first in Southwest Florida.T.O.P.S. Staffing mergeswith Ad-Vance ScreeningSarasota business owner Christine Sunseri has merged her two Sarasota-Bradenton area companies, T.O.P.S. Staffing Services and Ad-Vance Screening Solutions, to create Sarasota-based TOPS Human Resource Solutions. The new company will combine the staffing and human resources services of T.O.P.S. with the background and drug screening services of Ad-Vance. It is operating from the former T.O.P.S. Staffing Services office at 3293 Fruitville Road, Suite 102, Sarasota.Sky Angel inks on-demand deal with Exploration FilmsSky Angel, a Naples-based national provider of faith-based and family-friendly television and radio programming, reached a deal with Exploration Films to expand the availability of Sky Angel's films, stories and documentaries though video on demand. "Sky Angel is excited about including the great quality content provided by Exploration Films in our VOD lineup with categories that include history, archeology, wildlife features and biographies," Darren Moorman, assistant vice president – VOD director, said in a press release.The expanded VOD library is available through Sky Angel's Internet-protocol television subscription service. MinSURG Corp. launches international division Clearwater-based MinSURG Corp., producers of the TruFUSE procedure and products for relieving back pain, has launched MinSURG International Inc. to handle increased global demand."Distributors from Canada, Brazil, Germany, Greece, South Korea, Netherlands, Singapore, Taiwan, Turkey and Japan have expressed strong interest in providing the benefits of our minimally invasive and percutaneous spinal fusion to their populations suffering from debilitating back pain," CEO Jim Doulgeris said in a press release. Sales in Turkey and Greece have already been recorded.Peter Sontag, the current chairman of MinSURG's parent company, has been appointed president of the new international division. The TruFUSE procedure uses specially designed human-bone dowels to stop facet joints from moving, which is intended to eliminate or dramatically reduce back pain.Rosetta Technologies offersRicoh SP 3300D printersTampa-based Rosetta Technologies has introduced its SP 3300 MICR Series laser printers, for printing checks plus image-replacement and other documents that utilize MICR toner. The printers are the magnetic ink character recognition-engineered versions of Ricoh's SP 3300D and SP 3300DN printers. Rosetta is Ricoh's exclusive MICR engineering partner.With print of speeds up to 30 pages per minute ― and a first-print speed of 8.5 seconds ― and network or USB connectivity versions, the SP 3300 MICR Series offers the same MICR print quality and many of the other features of Rosetta Technologies' other desktop and work-group printers, but is geared toward businesses with small MICR print volumes. Standard duplex printing capability makes the printers flexible for the needs of small businesses and also facilitates low-volume IRD printing for financial institutions."Now that MICR printing has grown beyond traditional banking applications, we have seen the demand for an affordable MICR printer increase sharply in recent years," Rob Hullar, president of Rosetta Technologies, said in a press release. "Until now, small businesses had to settle for using a standard laser printer with a poor-quality, third-party toner, or bear the expense of a dedicated MICR printer. The SP 3300 MICR can utilize both MICR and standard toner. Combine this feature with standard duplexing, and the SP 3300 MICR makes a great option for general office printing in addition to check printing."Rosetta Technologies develops and markets printers, consumables, and software for magnetic ink character recognition applications. The company also offers software packages for IRD and check printing. Venice's XCPT hiresDesign Marketing GroupVenice-based XCPT has hired Sarasota-based Design Marketing Group Inc. to provide trade show and other marketing communications services. XCPT produces detail-implant visualization software.American Strategic Insurance offers new policies in LouisianaASI Lloyds Inc., a subsidiary of St. Petersburg-based American Strategic Insurance Corp. has launched an investor, rental and seasonal dwelling policy for Louisiana properties in addition to its current homeowners offering in that state. ASI, which began doing business in Louisiana on April 30, now offers two personal property products."This product expansion reaffirms our commitment to Louisiana for the long term," John Auer, ASI Lloyd's president and CEO, said in a press release. "Our objective is to offer residents and investors an appealing alternative to Louisiana citizens and other carriers in the state."ASI is a $500-million, multi-state carrier focusing on homeowners and other property insurance in Florida, Texas, Louisiana, Colorado, and Arizona. The company currently holds licenses in 11 other states and has plans to expand even further.Tarpon Springs Institute offersnew cataract lens implantSt. Luke's Cataract & Laser Institute in Tarpon Springs has been selected as one of the first medical facilities in the nation to offer the new Crystalens HD accommodating cataract-lens implant by Bausch & Lomb. Drs. James P. Gills and son Pit Gills perform cataract surgery at St. Luke's. This is the second major distinction bestowed by Bausch & Lomb to St. Luke's this year. On April 9, James Gills, one of the most experienced cataract and intraocular lens implant surgeons in the world, was selected by the company to perform the 100,000th Crystalens surgical procedure. It was part of a nationwide, same-day program that provided nearly $1 million worth of cataract surgeries for many low-income patients at no cost to them. Bausch & Lomb received FDA approval in June for the new lens, which, like the original Crystalens implant, uses the eye muscle to focus on objects at all distances. The new Crystalens HD design, however, features a reshaped surface that provides improved near vision without compromising intermediate or distance vision.Founded by James Gills in 1968, St. Luke's Cataract & Laser Institute features 52,000 square feet of clinical space and a 26,000-square-foot, Medicare-certified, outpatient surgical center.Technology Research CFOplans to resignTechnology Research Corp., headquartered in Clearwater, reports that Barry Black will retire as the company's vice president of finance, chief financial officer and secretary on or before Oct. 31. The company has started a search for a replacement.Technology Research designs, manufactures and markets electrical- safety products and also supplies power-monitoring and control equipment to the United States military and its contractors.Aerosonic Corp. awarded$1.4-million Boeing order Aerosonic Corp., a Clearwater manufacturer of flight products, received a new order from The Boeing Co. to provide Angle of Attack transmitters for the F/A-18E/F Super Hornet and EA-18G Growler. The deal is valued at $1.4 million and deliveries are scheduled to start in March.Aerosonic Corporation operates facilities in Clearwater and Earlysville, Va. Tampa Super Bowl tie-in bid deadline is Sept. 15The deadline to file business qualifications to the Tampa Bay Super Bowl Host Committee for various catering functions associated with next year's game is Sept. 15.Details of the Party Planners West BFLX and NFL Tailgate Bid are at┬áLocal minority- and woman-owned businesses will reportedly get the best opportunities for approvals in the procurement process. ┬áHomeBanc opens two new branch locations in TampaHomeBanc, a wholly owned subsidiary of Tampa-based HomeBancorp Inc., is opening two, new, full-service bank locations in Tampa at 7650 Courtney Campbell Causeway at Rocky Point, and in the Bromley Building at 3725 West Grace Street.These will be HomeBanc's third and fourth full-service branches to open in the region; the others are in Lakewood Ranch and Lake Mary. HomeBanc also operates loan-production offices in Tampa, Lake Mary, Brandon and Belleair Bluffs.Oklahoma Sheriff's officeto purchase Stinger S-200s Stinger Systems Inc., a Tampa-based electro-stun technology company, reports that the Marshall County Sheriff's office in Oklahoma will purchase Stinger S-200 projectile stun devices.Valpak, Food Net serve up Grill It! sweepstakesThe blue Valpak envelopes being mailed to consumers feature a summertime sweepstakes promotion with the Food Network and its newest show, "Grill It! with Bobby Flay."Chef Flay is featured on the blue envelopes. He also hosts the Food Network's "Throwdown" and "Iron Chef America" shows. Consumers can enter the sweepstakes at through Sept 5.The grand prize is a four-day, three-night trip to New York City for two, including round-trip transportation, admission for two days to the 2008 Food Network Wine & Food Festival including a culinary demonstration by Flay, and $500 in spending money.In addition, 25 prizewinners will receive a Flay-autographed cookbook."We know the Valpak audience is made of many 'foodies,'" Melissa Fisher, Valpak's senior vice president of marketing and communications, said in a press release. "Valpak consumers love dining out, and they have the discretionary income to do so. Valpak research shows that our customers are 21% more likely than the U.S. average to have dined out at a full-service restaurant in the past 30 days."Headquartered in Largo, Valpak is owned and operated by Cox Target Media. Valpak sends the blue envelopes to 45 million households throughout North America monthly.PGT Industries introducesthree commercial productsPGT Industries, product manufacturer and wholly-owned subsidiary of Venice-based PGT Inc., has introduced three new, impact-resistant, door and window products in its architectural systems product line. Designed for use in commercial and residential high-rise projects, two of the new products are in its storefront 3500 series ― a commercial storefront entrance door and a storefront window wall system. A terrace door is also being added to the 3000 series, which is designed for condominium, apartment and hotel terraces. The storefront 3500 series also features a pre-glazed system, which allows installers to reduce field labor costs by spending less time glazing units at job sites. "With the introduction of this new series of products, PGT provides a one-stop shop for the commercial construction sector and a more complete architectural systems offering," Wayne Varnadore, vice president of architectural systems at PGT, said in a press release. "We are committed to making it easy for our customers to do business with PGT by offering a new pre-assembled system that reduces installation time and makes integration of these products in a project cost effective."The products are customizable based on configuration, hardware and size within a tested range and come in three colors: white kynar, bronze kynar and clear anodized. All product configurations have passed Miami-Dade Building Code testing.

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