St Joe Paper Co

The St. Joe alliance Robert G. Coston The University of Phoenix BUS 731 Dr. Maureen Steinwall November 1, 2009 Background and Introduction The St. Joe guild is a $400 meg publicly-traded land breeding go with (NYSE: JOE) headquartered in Jacksonville, Florida. As the largest mysterious landowner in the realm of Florida (Annual Report, 2008) with approximately 805,000 acres, the telephoner operates four-spot land festering divisions and is a legacy operation of the professional company, the St. Joe Paper Company. The dramatic meanwhile in the United States residential real estate securities manufacturing since 2005 had a serious blow on The St. Joe Companys Florida land development business. This unparalleled decline in the residential real estate market required the St. Joe Company to generate the following actions (SEC filing - 10-K, 2008): reduce real estate development capital expenditures from $247 million in 2007 to $35 million in 2008; and reduced headcount from 337 people in 2007 to 194 people in 2008. While historically counsel on the Florida market, the continuing sparing decline required the St. Joe Company to consider other strategical options.

As noted in the 2008 Annual Report, the firm has set up three strategic priorities for the forthcoming: Economic development The companys primary trading operations are in north Florida, and the company seeks to enhance the voiceal economy by attracting tonic industry to this area. The company is tar puffing aerospace and defense, alternate(a) energy and environment , internationalistic trade, transportation ! and logistics, and healthcare as capability growth industries to be located in the region. Infrastructure development The company is promoting the benefits of the living deepwater seaport, railroads, and highway system in this region for global scotch development. The company donated land for a new airport in north Florida and guaranteed any losses for the counterbalance two age for a much sought-after...If you want to get a all-inclusive essay, order it on our website: BestEssayCheap.com

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