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Business Observer Friday, Sep. 21, 2012 9 years ago

Corporate Report: September 21

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A roundup of the top corporate news of the week.

Lincoln Archives opens Tampa cloud center
Lincoln Archives Inc. opened a new cloud backup sales and service center in Tampa. Headquartered in Buffalo, N.Y., Lincoln Archives is a cloud service provider focused on business-class data protection. The new location will provide business data preservation services to Florida businesses. A big part of its appeal will be data protection and recovery during hurricane season.

“Our decision to expand services to Florida was definitely reinforced as I waded through water to get through a hotel lobby during Tropical Storm Debby,” William Palisano, president of Lincoln Archives, says in a press release.

Founded in 1993 by the management of Lincoln Securities Corp., Lincoln Archives began as a records storage company. In 2011, it partnered with Toronto-based Asigra and became a backup services and secure cloud storage provider.

Progress Energy Florida files request on lower energy charges
Progress Energy Florida, a St. Petersburg subsidiary of Duke Energy, has submitted a request to lower average residential customer bills by 6%.

The company filed its annual requests with the Florida Public Service Commission (PSC) to recover the costs the company has paid for fuel used to generate electricity and purchased power.

Progress Energy Florida says its filings would result in an overall decrease of $7.44 per month on a 1,000 kilowatt-hour residential bill, from the current $123.19 to about $115.75. If approved by the PSC, new prices will take effect with the first billing cycle in January.

The total reduction includes a $129 million refund to customers in 2013 as part of a comprehensive rate settlement previously approved by the Public Service Commission. Customers will benefit from settlement-related refunds totaling $288 million through 2016.

The largest decrease is in the fuel charge, which recovers the actual cost of fuel, mainly natural gas and coal, used to generate electricity. The company says the continued low commodity price of natural gas and the settlement refund reduced those charges.

The Aug. 31 filing also included estimates for an increase in the cost of purchased power.

Former NYSE president Johnston elected chair of New College trustees
William Johnston, former president and chief operating officer of the New York Stock Exchange, has been elected chairman of the New College of Florida Board of Trustees.

Johnston succeeds former Florida State Sen. Bob Johnston, who has served as chairman of the New College Board since being reappointed in 2010 by then-Gov. Charlie Crist. Johnson also served as a founding member and chairman of the New College of Florida Board from 2001-2007.

Johnston served as president and chief operating officer of the New York Stock Exchange from 1996 to 2001. Johnston also worked for a number of leading firms on Wall Street, including Johnston & Lunger, Mitchum Jones & Templeton, Agora Securities and LaBranche & Co.

In addition to Johnston, the New College Board also elected Keith Monda, former president and chief operating officer of Coach Inc., as vice chairman. Both Johnston and Monda's terms run through 2014.

Monda succeeds Elaine M. Keating, who served as vice chairwoman of the New College Board since 2008.

Bayshore Solutions expanding, opening Denver office in October
Tampa-based Bayshore Solutions will open a new office in the Denver suburb of Westminster Oct. 1. The Web and marketing agency says the new office should help attract more mountain region and West Coast clients.

Keith Neubert, Bayshore Solutions' vice president, will lead the Denver expansion and office delivery team.

Sage Corporate Advisors joins Coldwell Banker system
Tampa's Sage Corporate Advisors is now a member of the Coldwell Banker Commercial franchise system and will now be known as Coldwell Banker Commercial Sage.

The firm's office is located at 400 N. Tampa St. in downtown Tampa and is owned by Russell Sampson.

Sampson began his career in 1979 with Coldwell Banker Commercial, where he was promoted to branch manager of the Coldwell Banker Commercial office in Houston. He relocated in 1986 to Tampa, where he managed the Cushman & Wakefield, Insignia/ESG and Colliers offices.

“I started my career as a broker with Coldwell Banker Commercial and firmly believe that the national reach the brand has, along with its superior tools and analytics, will help us best serve the region's needs,” Sampson says in a press release.

Gulfside Regional Hospice opening in Pasco Regional Medical Center
Gulfside Regional Hospice in Dade City will open its doors to hospice patients on Sept. 22. The first-of-its-kind care center in Pasco County will be known as The Gulfside Center for Hospice Care at Pasco Regional Medical Center.

The new hospice care center is designed to serve terminally ill patients who cannot be adequately managed at home. Gulfside's staff will work in the center, which will have a wing at Pasco Regional Medical Center, and operate independently from the hospital. The center is located on the second floor at 13100 Fort King Road in Dade City. Gulfside's section will have six private rooms.

Lazydays RV locations offering SylvanSport specialty trailers
Seffner-based RV dealership chain Lazydays announced a partnership with mobile adventure gear manufacturer SylvanSport.

The SylvanSport GO, a lightweight camper-trailer that can be towed behind any vehicle, will be available at Lazydays' locations in Florida and Arizona.

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