money BUSINESS BUZZ: PGT moves up on list of Best Small-Cap Companies
PGT Innovations was named to Forbes’ list of Best Small-Cap Companies
• For the second year in a row, PGT Innovations, of Venice, was named to Forbes’ list of Best Small-Cap Companies
The list names 100 U.S. companies across a number of industry categories. This year, PGT Innovations, which manufactures premium window and doors, improved its ranking from No. 87 to No. 79.
It was one of only two Florida corporations on the list and one of nine firms in the Construction classification.
To produce its ranking of America’s 100 Best Small-Cap Companies, Forbes used data from FactSet to screen more than 1,000 companies with a market value between $300 million and $2 billion and found 509 companies that had positive sales growth over the past 12 months and a share price of at least $5.
The top 100 ranking was based on earnings growth, sales growth, return on equity and total stock return for the latest 12 months available and over the last five years.
CareerEdge Funders Collaborative will launch a first-ever core construction skills training program
• CareerEdge Funders Collaborative, the workforce development program of the Greater Sarasota Chamber of Commerce, will launch a first-ever core construction skills training program in the Newtown community, thanks to $100,000 in funding assistance provided by Marie Selby Botanical Gardens’ Campaign for its Master Plan.
CareerEdge will use the money to train about 40 Sarasota city and county residents over two years to earn industry-recognized credentials, as well as provide them life and career skills training and financial education.
Upon completion of CareerEdge’s 80-hour “Bridges to Careers” course, the participants will be considered for job opportunities by the local subcontractors working on Selby Gardens’ Master Plan project.
CareerEdge will host an informational session on the free training Jan. 25 at 5:30 p.m. at the Goodwill Manasota Selby Newtown center, 1781 Dr. Martin Luther King Jr. Way, Sarasota.
Apply online now at https://careeredgefunders.org/bridges-to-careers for the first training cohort, March 1-May 5. Classes are in person from 5:30 to 9:30 p.m., Tuesdays and Thursdays.
Medallion Home set a record
• Last year, Medallion Home set a record, with $353 million-plus in home and land sales for the Medallion companies.
Medallion Home’s portfolio of Southwest Florida communities includes:
Aqua in West Bradenton, along Sarasota Bay, with world-class amenities including a four-acre translucent lagoon and sandy beach.
Cross Creek, a resort-style community in Parrish.
Hampton Lakes, a community in East Sarasota featuring three-plus-acre lots.
The Inlets, a gated and high-end waterfront community in Bradenton.
The Reserve at Twin Rivers, a gated community with large lots in Parrish.
A retail building in Bradenton was sold recently
• A retail building at 6581 State Road 70 E., in Bradenton, was sold recently for $2,050,000.
The 5,104-square-foot building currently holds two restaurant tenants, BubbaQue’s BBQ and Shipley Do-Nuts, both of whom are on long-term leases.
The new owner, JMLE, LLC, plans to use the asset as an investment. SRQIM, LLC was the seller.
Matt Fenske and Tony Veldkamp, of SVN Commercial Advisory Group, coordinated the purchase and represented the buyer, while Steve Horn and Melissa Harris, of Ian Black Real Estate, represented the seller.
This article originally appeared on Sarasota Herald-Tribune: PGT ranks high among small-cap companies, Selby funds job training
