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Category: Business

Pump technology company Quantumflo moves to Sanford from DeBary

Pump technology company Quantumflo moves to Sanford from DeBary

The City of Sanford has attracted a new headquarters for pump technology company QuantumFlo Inc.

The company is moving from DeBary, in neighboring Volusia County, thanks partly to an incentive package of $50,000 offered by Seminole County and Sanford. The company also develops software for its…

Disney World ride scaring you? New tech could adapt to your mood

Disney World ride scaring you? New tech could adapt to your mood

You’re on Disney World’s ride Flight of Passage, and you start feeling queasy – that turkey leg you had for lunch is like a rock in your stomach.

Sensing your distress, the flying banshee you’re on seems to become tamer. It levels off, slows down and flies much closer to the surface of Pandora.

Walmart signs 2,000-store deal with Orlando’s O’Dang Hummus

Walmart signs 2,000-store deal with Orlando’s O’Dang Hummus

Walmart is giving a big boost to a homegrown Orlando company, O’Dang Hummus, with a new deal to place its hummus salad dressings in 2,000 stores.

But don’t look for it by the hummus in the deli. The new product will be side-by-side with the oil-based dressings.

It’s a dream come true for entrepreneur…

Nik Patel sentenced to 25 years in far-reaching Orlando loan fraud

Nik Patel sentenced to 25 years in far-reaching Orlando loan fraud

Orlando area businessman Nikesh “Nik” Patel was sentenced Tuesday to 25 years in prison in a $179 million loan fraud scheme that lasted from 2010 to 2014.

In handing down the sentence in Chicago, U.S. District Judge Charles Kocoras said the scheme perpetrated by Patel was the biggest he’d seen…