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U.S. Gas & Electric Adding 200 Jobs

September 10, 2013

Doreen Hemlock

Doug Marcille, chief executive officer of the privately-held company, made the announcement Monday after securing a 10-year lease on roughly 50,000-square-feet of space in Miramar off Interstate 75.

U.S. Gas & Electric, an energy retailer based in Miami-Dade County, is moving its headquarters to Broward County this year and plans to add 200 more jobs in Miramar by 2016.

Doug Marcille, chief executive officer of the privately-held company, made the announcement Monday after securing a 10-year lease on roughly 50,000-square-feet of space in Miramar off Interstate 75.

U.S. Gas & Electric sells electricity and natural gas to consumers in states where electricity has been deregulated. That does not include Florida. It sells in 11 states mainly in the Midwest and Northeast.

The company now has its base in North Miami Beach and a call center in Doral, which together employ about 200 people. It expects revenues this year to reach around $350 million, Marcille said.

Plans call for consolidating its existing staff at 3700 Lakeside Drive in Miramar late this year, in a move expected to cost about $1 million. The company has leased three floors in the Space Coast Credit Union building and will display its name on the building, executives said.

In addition, U.S. Gas & Electric plans to add about 200 more employees through 2015, mainly to staff its call-center. By then, annual revenues likely would exceed $800 million, said Macille.

"We're growing, because there's an expanding market for choice in the energy industry," he said. Many states are deregulating their electricity industries in an attempt to lower costs for consumers.

Marcille said his company chose its new headquarters site in Miramar, because the building offered ample space, near a good labor pool, with a chance to display its name to drivers on a key highway.

"We don't sell in Florida, so we want good visibility for people to begin to recognize our name," said Marcille. "We want people to know us and come to work with us."

The company did not seek incentives for the move, although it had received some help to set up in Miami-Dade, he said.

Miramar, in southwest Broward, is a growing corporate destination. In June, industrial parts maker SIMTEC Silicone Parts announced plans to move its international headquarters there, committing to hire 40 people and invest $3.5 million over four years. And in May, Mercury Marine leased 35,000-square-feet there for a training center and distribution hub serving Latin America.

"The city has a great outlook toward companies, said Bob Swindell, president of the Greater Fort Lauderdale Alliance, Broward's economic development group. "They're very business friendly."

Broward County already is home to another energy retailer. Fort Lauderdale-based Liberty Power sells electricity in 15 states and Washington, D.C. With more than $710 million in revenues last year, Liberty Power ranks as the largest Hispanic-owned energy company in the United States, according to Hispanic Business magazine.

dhemlock@tribune.com or 305-810-5009

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(c)2013 the Sun Sentinel (Fort Lauderdale, Fla.)

Visit the Sun Sentinel (Fort Lauderdale, Fla.) at www.sun-sentinel.com

Distributed by MCT Information Services

Original headline: U.S. Gas & Electric moving to Miramar, adding 200 jobs


Source: (c)2013 the Sun Sentinel (Fort Lauderdale, Fla.)

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