EDC Sarasota planning for top awards
SARASOTA -- The Economic Development Corporation of Sarasota County is seeking nominations for outstanding business individuals and nonprofit organizations.
The John J. Cox Community Partner of the Year Award recognizes a Sarasota County nonprofit organization that improves the area's quality of life through its programs, services and mission, and thus enhances economic development efforts.
The award is in honor of John J. Cox of Halfacre Construction Co., who was a leading proponent of economic development. He recognized the importance of nonprofit and civic organizations through his contributions of both time and financial support.
The Clyde Nixon Business Leadership Award, sponsored by Sun Hydraulics Corp., is given to a Sarasota County individual whose legacy of lifetime achievement embodies outstanding personal and business values and accomplishments.
Clyde Nixon, who was Chairman of Sun Hydraulics, was known for his support of economic development and community involvement. He was a man of integrity, treating everyone fairly with a sense of humor and an astute business mind.
The deadline for John J. Cox Partner of the Year nominations is July 22 and nominations for the Clyde Nixon Leadership award must be received by July 31.
For more details andnomination forms, visit edcsarasotacounty.com/events/2013-annual-meeting.html?date=3.
The awards will be announced Sept. 12 at the organization's annual meeting.
Florida among top statesfor investments
Florida ranked fourth nationwide in terms of private equity and growth capital investments in 2012, according to a report released Thursday by the Private Equity Growth Capital Council.
Private equity firms invested $17.3 billion in 115 Florida-based companies last year, the data shows.
Nationwide, Texas received the most investment from private equity (measured in dollars invested), totaling$46.6 billion in 222 companies, followed by California, Colorado, Illinois and Florida.
The Sunshine State ranked fifth when evaluated by private equity investment value.
Now in its third year, the "Private Equity: Top States and Districts" analysis found that private equity and growth capital invested a total of $347 billion in more than 2,000 U.S.-based companies nationwide.
Duke Energy picks Grayto chair board of directors
CHARLOTTE, N.C. -- Duke Energy Corp. has selected lead director Ann Maynard Gray as the new chairwoman of its board, while its incoming CEO will serve as vice chairwoman.
The country's largest electricity company, parent to Progress Energy, said Thursday its board unanimously elected Gray as its new chairwoman, effective when current chairman and chief executive officer Jim Rogers retires Dec. 31.
The board also has elected Lynn Good as vice chairwoman, an appointment that will take effect Monday when she takes over as CEO.
-- Herald staff
and wire reports