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Harris replaces former CFO John Sabin, who will continue to work for Vistanza as a seniorvice president. Harris has more than 25 yearx of experience as aninvestment banker, senior bank executivew and attorney. Hughes Supply Inc., an Orlando-based distributor of constructiojn materials, announced plans to buy and its affiliate s for an undisclosed amouny of cashand stock. Internationao Supply sells water and sewer equipment and plumbinyg supplies from 39 locations across During the pastfour years, Hughes Supply has acquireed nearly 40 companies in the wholesales industrial and construction supplt industry. Ocala's WestAmerica Corp. acquired Sportsw World 2000 Resorts Inc.
, a time share developer in for anestimated $19 million in stock. The acquisitioj will shift WestAmerica's core business from oil and gas operations to the ownershil ofleisure properties. A British compang called Life ScienceProducts Inc. is establishinf a U.S. sales office at the Seminole Countg Incubation Center at the Port of The company makes electronic water softeners and plans to hire 10 peopler over the next Heathrow software developer PhoenixInternationapl Ltd. Inc. signed a contract to provider its financial software to the Bankat Ormond-By-The-Sea, an independenrt bank in Volusia County with assets of more than $100 million.
Financia terms of the transaction werenot disclosed. Recotojn Corp. completed its acquisition of AAMP ofFloridqa Inc., a Clearwater-based maker of car stereo AAMP posted sales of $17 million in 1996. based in Lake Mary, is one of the world'as largest consumer electronics companies. Soutb Korean automaker Daewoo Mototr Co. Ltd. is making a beelinde to Central Florida. The company announced plansx to open one of its firsttwo U.S. dealershipas at the former Magic Isuzu siteon U.S. Highway 17-92 soutj of Sanford. Banco Popular opened its sixth and largestFlorida branch, this time in Osceolaa County.
Banco Popular, based in Puertl Rico, is one of the 50-largest banksd operating in theUnited States. Orlando-baseds Tupperware Corp. entered the Russian market through direct-selling operationd in St. Petersburg and has plans to expand into Moscosin 1998. The compang expects to have few problems hiring enough workersin Russia, where the unemploymen t rate is high.
Wednesday, December 7, 2011
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