Pensacola, Florida
Thursday September 18th 2014

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Winners & Losers 4/11/13

WINNERS
Navy Federal Credit Union
With support from Escambia County, Enterprise Florida and the University of West Florida’s Office of Economic Development and Engagement, the Chamber helped to negotiate an incentive package for Navy Federal to encourage its decision to expand locally. The credit union will be expanding its current facilities, investing $200 million in capital expenditures and developing its campus to accommodate 2,000 employees over the next seven to 10 years.

Susan Campbell Jewelry
Jewelry designed by Pensacola native Susan Campbell Hatler is pictured on super model Kate Bock in the 2013 Sports Illustrated Swimsuit Edition. The rectangle ID charm is from her personal collection of customizable charms, the SAM Collection, which is housed in Pensacola at the SAM Spot, “a charm workshop” in the back of the retail store Susan Campbell Jewelry. Campbell’s business concept, the Sam Spot, was a finalist in the Pensacola Business challenge coordinated by Quint and Rishy Studer.

Emerald Coast Utility Authority
The utility’s drinking water has been selected as the “2013 Best Tasting Water” in Northwest Florida in a taste-test competition sponsored by Region IX of the Florida Section/American Water Works Association (FS/AWWA).  Region IX is comprised of all water utilities in the four westernmost counties of the Panhandle: Escambia, Santa Rosa, Okaloosa and Walton.

LOSERS
Citizens Property Insurance
The state’s disaster insurance company is poised to raise rates again. Lawmakers are saying Florida residents may see premiums go up as high as $5,000 per year.
This is after the company raised insurance costs on homeowners by more than $450 million last year, while reducing billions of dollars in coverage.

American Basketball League
This professional basketball league was to compete with the NBA Developmental League and develop young talent to play overseas by using the FIBA rules. One of the teams was located in Panama City, Fla.—the Panama City Breeze. As the league’s first season is coming to an end, players, coaches and owners are complaining about not being paid. This all sounds vaguely familiar.

Kim Jong-un
Even though the United Nations Security Council imposed sanctions against his country, North Korea, for its launching of a three-stage rocket in December and its third nuclear test in February, “Little” Kim still continues to say he’s going to attack South Korea and the United States. Most analysts believe that North Korea doesn’t have a missile powerful enough to deliver a nuclear warhead to our mainland or even reach military bases on Guam that are only 2,200 miles from North Korea.