The Laker/Lutz News

Crestmark Pharmacy Services

Pasco Economic Development Council honors businesses

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The Pasco Economic Development Council honored eight businesses at its 30th annual Banquet and Industry of the Year Awards on Sept. 8.

More than 600 community and business leaders attended the event at the Saddlebrook Resort in Wesley Chapel.

Shauna McKinnon, center, of Bayfront Health Dade City, accepts a special recognition award during the 30th annual Banquet and Industry of the Year Awards presented by Pasco Economic Development Council. Bill Cronin is to her left and Barbara Wilhite is to her right. (Photos courtesy of Pasco Economic Development Council)
Shauna McKinnon, center, of Bayfront Health Dade City, accepts a special recognition award during the 30th annual Banquet and Industry of the Year Awards presented by Pasco Economic Development Council. Bill Cronin is to her left and Barbara Wilhite is to her right.
(Photos courtesy of Pasco Economic Development Council)

Courtney Robinson, 10News WTSP anchor, emceed the event.

The winners, according to information provided by Pasco EDC, were:

  • Ortho Technologies Inc. – New Business Award
  • Crestmark Pharmacy Services LLC – Manufacturing Industry of the Year (one to 25 employees)
  • Leggett & Platt Adjustable Bed Group – Manufacturing Industry of the Year (26 or more employees)
  • Optimum Plumbing LLC – Service/Distribution Industry of the Year (one to 25 employees)
  • Bayonet Plumbing, Heating & Air Conditioning – Service/Distribution of the Year Award (26 or more employees)
  • Global Electronics Testing Services LLC – Technology Award
  • Bayfront Health Dade City – Special Recognition Award
  • Marjorie’s Hope – Special Contribution Award

Companies were nominated in the spring and then interviewed by members of the Pasco EDC awards committee.

Vladimir Breton, of Optimum Plumbing, addresses the audience. His company won Service/Distribution Company of the Year.
Vladimir Breton, of Optimum Plumbing, addresses the audience. His company won Service/Distribution Company of the Year.

Winners are selected based on exemplary growth in job creation, capital investment, technology, innovation and community service.

Other finalists this year were:

Compark 75, Dixie Belle Paint Company, First National Bank of Pasco, Nicopure Labs LLC, Premier Community Healthcare Group, Rogers Tower P.A., Southeast Bottling & Beverage Co., Southeast Personnel Leasing Inc., Trxade Inc., and USA Underwriting Solutions of America.

In addition to the announcement of the awards, the banquet featured a keynote address by Attorney Barbara Wilhite, the Pasco EDC’s chairwoman.

Those pictured here represent the companies which won awards during the 30th annual Banquet and Industry of the Year Awards presented by the Pasco Economic Development Council.
Those pictured here represent the companies which won awards during the 30th annual Banquet and Industry of the Year Awards presented by the Pasco Economic Development Council.

It has been a year of transition for the council, including the hiring of Bill Cronin as the group’s president and chief operating officer, according to the Pasco EDC release.

Wilhite noted the approval by Pasco County commissioners of a cooperative agreement with the Pasco EDC to direct about $3.2 million from Penny for Pasco dollars toward job growth and economic development.

Wilhite also touched on the recent announcement that Mettler Toledo, a Swiss-based manufacturer, planned to relocate from Tampa to Pasco, and also build a new facility at Northpointe Village, near the Suncoast Parkway.

The Pasco EDC helped bring another 14 projects to fruition.

Wilhite said these efforts are expected to result in nearly 850 new jobs and more than $145 million in Pasco investment, according to the release.

Published September 14, 2016

Company rewarded for its job growth

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Pasco County commissioners rewarded a Lutz startup pharmacy service for adding at least 26 full-time jobs to the local economy.

Crestmark Pharmacy Services LLC received an incentive payout of $104,000 through a jobs agreement approved by commissioners at their June 21 meeting in New Port Richey.

Since opening in 2015, the company has hired 24 employees.

That number could rise to 30 or more, according to Randall McElheney, company manager.

“We’re happy to be in Pasco County,” said McElheney.

Crestmark Pharmacy is located at 1860 Highland Oaks Blvd., in Lutz. The company provides prescription medications to long-term care patients at nursing homes. Services also include information technology solutions for caregivers, consultations, and infusion therapy.

The Pasco Economic Development Council reviewed the company’s application and found that it qualified for the incentive program.

Under county ordinance, companies must create a minimum of 10 jobs within a year. Salaries must be greater than the average wage in Pasco County, and at least 51 percent of products and services must be sold outside of the county.

County officials see the economic impact from jobs at Crestmark Pharmacy as a generator of additional jobs, indirectly. Estimates are for 17 more jobs locally at other businesses and 13 more jobs in other counties, for a total of 56 jobs.

Crestmark Pharmacy also is adding good paying jobs at an average annual salary of about $60,000 per employee. At 26 employees, total annual wages paid by the company would be about $1.3 million.

Annual sales for the company are about $12 million, according to county officials.

The pharmacy’s distribution area primarily is central Florida, as far north as Gainesville and as far south as Port Charlotte. McElheney said.

“The incentive had a lot to do with us deciding to come here,” he said. But, other factors also mattered.

Lutz is centrally located within the Tampa Bay region. There also is a good labor market for recruiting job applicants, McElheney said.

He also noted that Pasco is a growth area.

“People can be close to their home. It was attractive to them to work here,” he said.

Published June 29, 2016