Saturday, June 03, 2017

RINGHAVER POWER: St. Augustine Beach Mayor's Billionaire In-Laws Making Money from Developers

LAUREN RINGHAVER et ux, RICHARD BURTT O'BRIEN, Mayor of St. Augustine Beach

When does a community of interests become a conflict of interest?  Did you know? Every time a forest is clear-cut and killed, every time a wetland is filled and killed in Flori-DUH or elsewhere on this frail planet, chances are that the family of St. Augustine Beach Mayor RICHARD BURTT O'BRIEN might be making money on the deal.   Explains a lot, including O'BRIEN looking the other way at the attempted privatization of the Old City Hall by a dance company where several Ringhaver offspring are on the payroll, possibly violating IRS 501c3 inurement rules.

From WIKIPEDIA:


Ring Power

From Wikipedia, the free encyclopedia
Ring Power Corporation
Private
IndustryHeavy equipment
Founded1961
HeadquartersSt. Augustine, Florida[1], USA
Key people
Randal L. Ringhaver, Chairman & President
Ron Roy, CFO
ProductsSale/Lease/Rent of New & Used Equipment, Parts, Service, Training
Revenue$1.2 Billion (2006)
Number of employees
2,300 (2008) 1,600 (2010)[1]
Websiteringpower.com
Ring Power is a privately held heavy equipment corporation headquartered at the World Commerce Center in St. Johns County, Florida, midway between St. Augustine and Jacksonville.

History[edit]

The company was founded in 1961 by L.C. "Ring" Ringhaver, who gave up shrimp boat building to become a Caterpillar engine dealer in St. Augustine, Florida. The following year, they became a full line dealer and relocated to Jacksonville. In 1973 the company moved to a 38-acre (150,000 m2) site on U.S. Route 1 (locally known as Philips Highway) and Baymeadows Road on the southside.[2] As the business grew over the next 25 years, the product lines expanded and more divisions were added. The property in Jacksonville eventually became a complex of seven buildings with 250,000 ft² of space.[3] At the end of the century, they ran out of room to expand, and the character of Philips Highway had changed from industrial to commercial. The decision was made to find a new home with at least 100 acres (0.40 km2). The result of the search was the purchase of 100 acres (0.40 km2) at World Commerce Center along Interstate 95 in St. Johns County. A $1.6 million incentive package was approved by the St. Johns County Commission and Elkins Constructors began work in the Fall of 2003 on a 414,000 ft² facility. Most of their old property along Philips Highway was sold for redevelopment and Ring Power moved to their new headquarters in March, 2005. Lowe's purchased 16 acres (65,000 m2) and built a home improvement store; BJ's Wholesale Club was constructed on an 18-acre (73,000 m2) parcel; a small retail strip center with half a dozen businesses was positioned closest to the intersection of Philips and Baymeadows. Ring Power retained the 4 acres (16,000 m2) at the north end of the property for a Ring Power Forklift Operations center.[4]
Corporate Headquarters beside Interstate 95

Locations[edit]

The port facilities in Jacksonville and Miami allow the company to export equipment almost anywhere in the world. Ring Power has over 1600 employees at branches in 19 cities throughout Florida and offices in California, Georgia, New Jersey, North Carolina, Rhode Island, South Carolina and Texas. Customers can purchase, lease or rent new & used Caterpillar industrial equipment. Ring Power also handles machines made by Kalmar, Linde, Clark, Trail King, Manitowoc, Grove, Gradall, National Crane, Rosco, Gomaco, Phoenix Products and others.
Over 300 employees were assigned to the Ring Power office in Riverview, Florida (near Tampa) in 2006. The operation had outgrown the spartan building constructed in the mid-1980s and needed more space. Instead of razing the structure and building new, they spent nearly $50 million to renovate and created larger offices and common areas, more windows with pleasant views of the landscape, and eliminated scores of the filing cabinets by going paperless.[5]

Divisions[edit]

  • Ring Power Crane - New and used cranes for large projects from six manufacturers.
  • Entertainment Services - Ring Power can assist with special events such as movie and video filming, corporate events & concerts or parties & shows with an inventory of power equipment including generators, UPS and power distribution; HVAC & lighting; ramps & matting.
  • Phoenix Products - manufactures fuel storage tanks, generator enclosures and fuel storage systems, and offers petroleum-recycling services.

Industries[edit]

Ring Power supplies equipment used in heavy construction, roadbuilding, logging, agriculture, recycling, waste management and landfill maintenance, governmental, marine power, truck engine power, prime and standby power generation, entertainment venues, industrial power, warehousing, port container handling and material handling.

Current status[edit]

The Late-2000s recession caused the construction industry to nearly grind to a halt, which forced the company to reduce their workforce from 2,300 to 1,600. Ring Power was successful in obtaining a government contract to refurbish military vehicles, but business from regular customers was slow.[1] Now, on the back end of another decade Ring Power has been picking up steam again. They have began to hire "new to the industry" and "talented veterans of the industry" employees. They have also started many 'training program' positions for salesmen, technicians, and management.

Philanthropy[edit]

Ringhaver Park in Jacksonville consists of 576 acres of mostly wetlands. It has 6 soccer fields, 4 softball fields, 2 tennis courts and bleachers & benches; 3 covered picnic shelters with 18 picnic tables; a two-mile (3.2 km) paved trail to a dock for canoe/kayak launching on the Ortega River. It was named for founder Lambert C. Ringhaver, whose family donated funds for park development after his death in 1976.[6][7]
The $11.6 million, 44,000 ft2 Ringhaver Student Center at Flagler College opened for the 2007-2008 school year. It was built using funds donated by the Ringhaver family.[8][9]

References[edit]

  1. ^ Jump up to: a b Hunt, David (April 15, 2010). "Rubio: St. Johns heavy equipment dealer a snapshot of stimulus". Florida Times-Union. Retrieved 2 May 2013.
  2. Jump up ^ Strupp, Dave (June 13, 2008). "Ring Power's leader grew up in family business". Jacksonville Business Journal. Retrieved 2 May 2013.
  3. Jump up ^ Mathis, Karen Brune (August 24, 2001). "Ring Power circling for new area site". Florida Times-Union. Retrieved 2 May 2013.
  4. Jump up ^ Mathis, Karen Brune (September 12, 2003). "Ring Power to start St. Johns building soon". Florida Times-Union. Retrieved 2 May 2013.
  5. Jump up ^ Cashill, Margaret (May 15, 2009). "Coolest office spaces: Ring Power Corp". Tampa Bay Business Journal. Retrieved 2 May 2013.
  6. Jump up ^ "Ringhaver Park". 2003. City of Jacksonville. Retrieved 2 May 2013.
  7. Jump up ^ "Ortega Stream Valley @ Ringhaver Park". City of Jacksonville. Retrieved 2 May 2013.
  8. Jump up ^ Grove, Allen. "Ringhaver Student Center at Flagler College". About.com. Retrieved 2 May 2013.
  9. Jump up ^ Trammell, Halie (September 25, 2007). "Student center dedication honors Ringhavers". The Gargoyle. Retrieved 2 May 2013.

External links[edit]



at

No comments:

Post a Comment