The local spinoff manufactures high-tech cooling equipment for aircraft on the ground.
BRADENTON, Fla. – The former president of Palmetto-based Trilectron-ITW GSE Military has spun off a new business, Verde GSE, and is testing improved aircraft cooling equipment at Sarasota Bradenton International Airport (SRQ). Verde President Richard “Rick” L. Hansen plans to add 14 employees over the next five years at a location in South Manatee County, according to Sharon Hillstrom, president and chief executive officer of the Bradenton Area Economic Development Corp. (EDC).
“Our team at the Bradenton Area EDC has worked with Rick Hansen for years in his previous post with Trilectron-ITW, and we were pleased to facilitate the relationship with SRQ for beta-testing Verde GSE’s new aircraft cooling technology,” Hillstrom said.
The EDC also assisted Verde (pronounced “VER-day”) GSE with site selection and worked closely with Florida Power & Light to provide power assessments to ensure that the chosen location – 2,000 square feet in Manasota Industrial Park – has adequate power to support equipment testing.
In addition, the EDC helped Verde apply for economic development incentives and rapid response permitting through Manatee County Government. The Manatee County Board of Commissioners approved Verde GSE for $14,000 in performance-based incentives based on adding 14 jobs over the next five years. To qualify, the average wage company-wide must be 15 percent greater than the average annual wage in Manatee County in 2012, or $41,164.
“As a resident of Manatee County, the Tampa Bay region was the top choice for locating my new business,” Hansen said. “Assistance from the Bradenton Area EDC and Manatee County Government helped to expedite the startup process. Being able to test our new equipment locally at SRQ is a huge asset as we bring technology improvements to the industry.”
“The airport sees the testing of this new airline-related equipment at SRQ as a win-win situation,” said Fredrick (Rick) J. Piccolo, president and chief executive officer at Sarasota Bradenton International Airport. “Having a local provider of this essential airport equipment would lower the cost to SRQ, while helping to provide jobs and economic activity, which helps the community and leads to additional air traffic. A state economic impact study showed the airport generates over 11,400 jobs in the local community, and we take our role in being an economic generator very seriously.”
Verde GSE (Ground Support Equipment) designs, engineers and manufactures 30-, 45- and 60-ton cooling units that keep aircraft cool while they are on the ground. Verde’s systems are based on refrigeration technologies from the automotive, food equipment, and aerospace industries, and result in a simple, low cost, yet technologically advanced pre-conditioned air (PCA) system, Hansen said. Verde, the Spanish word for “green,” relates to the company’s focus on environmentally responsible principles: using renewable materials, creating energy efficient products, quiet system operation, requiring less refrigerant, and promoting safer refrigerants.
“The Manatee County Board of Commissioners recognizes the value in retaining local entrepreneurial talent to create new, higher-wage jobs and bring wealth into the community by selling products beyond the local market,” said Ed Hunzeker, Manatee County administrator. “By judiciously applying economic development incentives, the county helps to expedite job creation and capital investment by companies like Verde GSE.”
Manatee County offers several incentives to businesses wishing to relocate or expand in the community. A list of Manatee County’s economic development incentives is available at www.mymanatee.org/econ_dev.
About the Bradenton Area EDC
The Bradenton Area Economic Development Corp. (EDC) is the lead economic development organization for the Bradenton area’s nine communities located on the south side of Tampa Bay. The EDC works to diversify the local economy by attracting and retaining high-wage jobs for area residents, and connecting existing businesses to the resources they need to succeed. Information: www.ThinkBradentonArea.com.
This release is available on the EDC website http://www.thinkbradentonarea.com/News-Media/News-Articles/Verde-GSE-Launches-Product-Test-at-SRQ,-Plans-14-J.aspx