FYI Miami: October 31, 2013
CONSTRUCTION DECLINES: Contracts for future construction in South Florida declined markedly in September from September 2012, according to McGraw Hill Construction. Nonresidential contracts awarded totaled just under $172 million, down 65% from the nearly $497 million of 2012. Meanwhile, residential contracts fell 48% to about $268 million from about $517 million in September 2012. For the year to date, nonresidential contracts have fallen 10% in the tri-county area while residential contracts have risen 17%. For the state as a whole, total construction contracts fell 13% in September and have risen 10% for the year.
AIR AND SEA TRADE: The Western Hemisphere’s largest air and sea cargo conference will be held Nov. 6 to 8 at the Miami Airport Convention Center’s Doubletree Hilton Hotel, where representatives of about 70 nations are expected to participate. The conferences, which began in 1991 in Miami, brings executives of the internad international airlines, and exhibitors from related industries. In 2011, the last conference here, about 7,000 industry executives attended. Details: World Trade Center Miami, (305) 871-7910.
EXECUTIVE TRANSFERS: A firm geared to helping companies transfer key workers has opened a 1,600-square-foot office at 703 Waterford Way in the Blue Lagoon area. Weichert Workforce Mobility plans to have 10 full-time executives coordinating local consultants in 32 Latin American counties in its new Latin America Center of Excellence, said Gustavo Higuera, the tri-lingual regional vice president who is overseeing the operation. “The workforce mobility needs that companies have within Latin America have evolved and become more sophisticated over the last few years,” said Aram Minnetian, president of the Morris Plains, NJ-based company. “…we are very well positioned to meet the increasing demands of these companies.”
UM JOINS NETWORK: The University of Miami School of Business Administration joined the Global Business School Network, a nonprofit organization based in Washington, DC, that works to improve management education in the developing world. According to a statement, as a member UM’s School of Business Administration will have opportunities to share knowledge, build educational capacity and engage in programs to advance management education across borders. The school has developed international ties for its students with countries such as Brazil, China, Thailand and Jamaica, among others.