Featured Partner: NFIL
We recently heard from a new subscriber via Launch Tally. They would love to learn more about the latest local developments on the FinTech scene. At face value, we hear crickets in the space. Our R&D team is giddy about this and we look forward to report our findings soon. Are you tinkering with an app, or growing a startup within the Fintech space? We would love to hear from you and share your story. In the local manufacturing space, Danfoss recently unveiled its new Turbocor facility that will accommodate market growth and generate more jobs for the community. And more ahead!
Quick Summary
For today’s motivational edition:
Business Growth: Grand Opening for Danfoss’ New Turbocor Facility
Local Talent: FAMU | 2024 Coca Cola HBCU Sports Production Grant Winner
Economic Dev: TIA's Role in City's Economic Growth
Featured Partner: NFIL | Executive Director’s Latest Update
Networking + Business Events
BUSINESS GROWTH
DANFOSS TURBOCOR
Image Credit: Danfoss
Danfoss Turbocor holds grand opening ceremony for new Turbocor facility in Tallahassee | Danfoss
Danfoss Turbocor celebrated the opening of its new 145,000 square foot production facility on May 29th, driven by market growth and adoption of oil-free, magnetic bearing technology.
The private ribbon-cutting ceremony was attended by over 100 people, including customers, community members, Danfoss President and CEO Kim Fausing and descendants of Danfoss founder Mads Clausen.
The additional facility will host state-of-the-art manufacturing for TTS/TG/TH lines for Danfoss Turbocor compressors, doubling current capacity with the ability to expand even further.
The $62 million investment will also create jobs in the Tallahassee area.
LOCAL TALENT
FAMU FILM WINS
Image Credit: FAMU
FAMU film crew highlighted at the Sports Emmys for Ken Riley biopic | FAMU
Florida A&M University (FAMU) School of Journalism & Graphic Communication (SJGC) students were at the 45th Annual Sports Emmy Awards in New York City to accept their prize for winning the 2024 Coca Cola HBCU Sports Production grant competition.
FAMU SJGC alumnus Jonathan David, SJGC sophomore Darnell Walker Jones, SJGC seniors Germanie Bozeman and Tristian Hutton, and criminal justice senior Jalon Howard received the award for the seven-minute documentary, “Field Trip,” a portrayal of the late Pro Football Hall of Famer and FAMU alum Ken Riley.
The winning submission was noted for its creative video and essay addressing the competition’s theme, “The Past, Present and Future.”
FAMU SJGC students were awarded a $40,000 grant during the ceremony. The contest was sponsored by the National Academy of Television Arts and Sciences (NATAS) and the Coca-Cola Company.
ECONOMIC DEV
TLH AIRPORT
Image Credit: TIA via FB
Tallahassee International Airport’s (TIA) pivotal role in the city's economic growth. Over the past decade, TIA has undergone a remarkable transformation, from a regional air hub to a dynamic economic engine driving growth and opportunity across the community. | Tal Dem
The increase in the airport's annual economic impact, from $399 million in 2014 to nearly $1 billion as of May 2024, an impressive 150% growth in just 10 years.
With the opening of the International Processing Facility in 2025 and the establishment of a new Foreign Trade Zone, the airport is poised to serve as a catalyst for business expansion, innovation, and global connectivity.
The International Processing Facility represents a milestone in Tallahassee's journey on becoming a global trade and commerce hub. This $28 million state-of-the-art facility will revolutionize international cargo operations, expediting customs clearance processes and facilitating seamless movement of goods between Tallahassee and global markets.
The new Foreign Trade Zone underscores the commitment to foster a business-friendly environment conducive to innovation and expansion. Businesses in Tallahassee will harness the strategic advantages of the Foreign Trade Zone, empowering them to thrive in today's interconnected marketplace.
FEATURED PARTNER
Image Credit: City of TLH
NFIL | Bill Lickson’s update on the lab during Blueprint Meeting
Blueprint’s investment of $2.5 million has allowed NFIL to take on over $12 million in federal money and create a spectacular new place for innovation in the community.
40,000 sq. ft. of lab space, offices for private enterprises.
For the first time, innovations from Florida A&M, Florida State University, and Tallahassee State College are put to work in the economy.
You can watch the short clip of the update here
EVENTS
NETWORKING + BUSINESS
Image Credit: Capital City Chamber via FB
June 11th, Tues. 11:30 AM to 1 PM EDT at Dunlap Champions Club: Professional Women's Forum by Tallahassee Chamber | Register
Member $45, Non-Member $55
Corporate Table Registration (reserved seating for 8): Member $350, Non-Member $450
June 18th, Tues. 8 AM to 9:30 AM EDT at Hotel Duval: Soft Skills, Strong Leadership: A Dynamic Connection by Tallahassee Chamber | Ticket price: Member $0, Non-Member $15 Register Learn More
Save the Date: June 24th, Mon. 9:30 AM to 11:30 AM EDT: JH Creative Labs (Virtual)
June 25th, Tues. 10 AM to 11 AM EDT via Zoom: Selecting the Right KPI’s for Your Organization by Julia Holly | Register
Featured Event: June 26th, Wed. 5:30 PM to 7 PM EDT at Foundation Meeting Room 625 E. Tennessee St.: Optimizing Business Processes: Promoting Efficiency & Saving by Capital City Chamber | Learn More
June 27th, Thurs. 5:30 PM to 7 PM EDT at Domi Station: Business Registration and Filings 101 by Capital City Chamber | Register
July 17th, Wed. 5:30 PM to 7 PM EDT at 1020 Lafayette St. Suite 117 Tallahassee: Minimizing Business Risks and Threats by Capital City Chamber | Learn More
Episode 44
Join us this Wednesday on LinkedIn, Facebook or YouTube sponsored by JH Creative channels. We will talk about “Monthly Webinars”. Got questions? Join us live!
- Julia & Ali ([email protected])
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