Growth of veteran-owned, Newark-based company supports production of semiconductor components and other advanced technologies for DOD contracts and private-sector clients.
RiKarbon Inc., an early-stage company specializing in developing innovative technologies for carbon capture and utilization, has chosen to continue growing in its hometown of Newark, Delaware.
EtailFlow LLC, a supply chain management company created as a strategic spinoff from Delaware-based national ecommerce leader PCOnline earlier this year, will grow its operations alongside its parent company in Newark, Delaware.
Georgia-based Agile Cold Storage has chosen Claymont, Delaware, as the location for a 275,000-square-foot cold-storage facility to help meet growing demand from North American food manufacturers, processers and growers.
Applications for Delaware’s third annual Startup302 funding competition are being accepted through February 24 from technology-enabled startups with at least one founding team member from an underrepresented group.
Delaware’s Startup302 pitch contest will host an online information session for prospective entrants to learn more about the competition’s requirements, prizes, presentation ideas and more at 4:30 p.m. December 14.
Versogen, an industry-leading green energy startup, has chosen Delaware as the site for a $4.8 million expansion that includes moving its operations from The Innovation Space in Wilmington, Delaware, to larger, upgraded facilities at FMC Stine Research Center in Newark, Delaware.
Agilent Technologies Inc., a global analytical instrumentation development, life sciences and manufacturing company and one of Delaware’s largest private-sector employers, has chosen to modernize and expand its existing Little Falls office and lab campus in response to growing worldwide demand for the company’s analytical laboratory consumables products.
Twelve tech-enabled startups with at least one team member from an underrepresented demographic are sharing more than $170,000 in funding from Delaware’s second Startup302 competition, which was organized by Delaware Prosperity Partnership (DPP) and local partners.
According to WalletHub’s recently released 2022 Tax Burden by State report, Delaware has the distinctive advantage of having the third-lowest tax burden in the United States.
Economic development organizations statewide are joining forces to celebrate Economic Development Week 2022 spotlighting Delaware’s economic development professionals and Delaware’s distinctive value proposition.
Delaware is one of the few states maintaining equilibrium in its workforce as others struggle with hiring, according to a new survey released by WalletHub.
Water-Quality Testing Instrumentation and Reagent Company Investing $3.3M in New Pencader Corporate Center Site, Adding More Than 100 New Jobs in Delaware.
Delaware and its public-private economic development group, Delaware Prosperity Partnership (DPP) were recognized with a Business Facilities 2021 Impact Award in the Biosciences category for successfully attracting WuXi STA – a leading global Contract Development and Manufacturing Organization (CDMO) – to build a new pharmaceutical manufacturing campus in Middletown, Delaware.
New B&M Meats Inc., a leading manufacturer of raw sandwich steaks and chicken steaks in the Northeast United States, is expanding in the City of Wilmington and will invest more than $18 million in the construction of a new 80,000 square-foot food production facility and add 190 new jobs to the city’s food production industry sector over the next several years.
Delaware’s booming life sciences sector continues to expand with plans by Analytical Biological Services Inc. (ABS) to double its workforce over the next three years.
Delaware Prosperity Partnership (DPP) – the nonprofit public-private economic development organization facilitating the important conversations that drive growth, increase investment and support the talent needs of Delaware employers.
Hologic Inc., an innovative Fortune 1000 medical technology company primarily focused on improving women’s health globally through early detection and treatment, has chosen Newark, Delaware, to expand its world-class center for its breast and skeletal health business.
Delaware Prosperity Partnership (DPP) received the highest honors in the International Economic Development Council’s 2021 Excellence in Economic Development Awards.
Study shows bioscience is leading economic driver in Delaware, generating $2B in GDP annually, with 11,000 employed in diverse sector jobs and state poised for significant expansion.
Miller Metal Fabrication, a 26-year-old privately owned regional metal fabrication company based in Bridgeville, Delaware, has chosen Delaware as the site for a planned expansion and consolidation of operations.
Siemens Healthineers, which manufactures instruments, reagents and consumables across a range of laboratory diagnostic products, has chosen Newark, Delaware, as the site for a planned expansion and an increase in internal production capabilities that will allow the company to grow its product lines and stay competitive in its field.
Delaware’s General Assembly has approved allocating an additional $10 million to its lab grant program, which debuted last fall and is designed to spur private sector-led projects that will boost science and tech companies.
WuXi STA and Delaware Prosperity Partnership today announced that WuXi STA, a leading Contract Development and Manufacturing Organization (CDMO), will build a new pharmaceutical manufacturing campus in Middletown, Delaware.
One of the largest less-than-truckload (LTL) motor carriers in North America is choosing to grow its operations in Delaware. North Carolina-based Old Dominion Freight Line is investing more than $13.6 million in a new 40,000- to 50,000-square-foot service center in Northern Delaware.
Economic developers statewide are joining Delaware Prosperity Partnership to celebrate Economic Development Week 2021 from May 9 to 15 by spotlighting some of Delaware’s biggest selling points and economic developers.
Physicians and healthcare providers looking for more choices of lifestyle – from pristine coastal communities, rural, small-town Americana or vibrant city life – are discovering their options in Delaware.
Delaware Prosperity Partnership (DPP) has completed a strategic plan to support a more diverse tech talent pipeline in Delaware, with support from JPMorgan Chase.
Kurt Foreman, president and CEO of Delaware Prosperity Partnership (DPP), has been recognized by Consultant Connect as one of North America’s Top 50 Economic Developers. Of the 50 honorees selected from across North America, only five of the honorees were from state-focused economic development organizations.
Delaware has launched a pilot grant program designed to spur private sector-led projects that will help the state attract and retain science and tech companies by expanding its inventory of ready-to-go lab space.
The Division of Small Business is pleased to announce that its DE Relief Grants portal will begin accepting new applications on Tuesday, Jan. 19 at 10 a.m.
Delaware is recognized worldwide as a great place to do business. Now, through the Global Delaware Innovation Program in partnership with CSC, Delaware Prosperity Partnership (DPP) is providing hands-on support to international companies looking to incorporate in the First State.
Delaware’s revamped Startup302 pitch competition will focus on these underrepresented founders to tackle such funding inequities and strengthen the regional startup community.
The Goldey-Beacom College Doctor of Business Administration Program and its Entrepreneurship Club sponsored a TEDx Salon on sports psychology. GBC sponsors these small sessions bi-monthly to keep the community engaged between regular TEDx events while delving deeply into specific topics and invigorating the Delaware business and entrepreneurial ecosystem.
Delaware Prosperity Partnership has completed the first step in developing an intentional strategy to support a more diverse tech talent pipeline across an array of industry sectors for IT jobs at all levels in Delaware.
If you’ve enjoyed live music at the Freeman Stage in Selbyville, you’ve likely observed the handiwork of homegrown event production company Mid South Audio (MSA).
For many Americans, no backyard barbecue or holiday celebration is complete without a stack of red Solo cups. Now Dart Container, the manufacturer of this popular product, will have a presence in Delaware’s own backyard.
For Linda Parkowski, executive director of the Kent Economic Partnership, casting a wide net is starting to pay dividends. She’s been on the hunt for job creators that want to locate in Kent County since assuming the leadership role at the county’s economic development department back in 2018.
In collaboration with Delaware Prosperity Partnership, Barclays US Consumer Bank today announced plans to create more than 300 new customer service jobs at its Wilmington headquarters during a meeting of the Council on Development Finance (CDF).
Delaware has no shortage of credit card brands, thanks to the Financial Center Development Act. The bipartisan legislation, which Gov. Pete du Pont signed in 1981, attracted some of the world’s largest banks to the state. But in the nearly 40 years since the act’s passing, there has been nothing quite like Ollo.
ILC Dover, one of Delaware’s most iconic manufactures, has once again used its formidable material science expertise to fill a desperate need in the nation.
The State of Delaware has announced the successful refunding of $33 million of debt at a record low Total Interest Cost of 0.79%. The transaction will save the State $5.2 million in debt service on a net present value basis over the next decade and is structured to further help the State address the Fiscal Year 2021 budget challenges brought on by the COVID-19 emergency.
More than 20 years later, Delaware Biotechnology Institute (DBI) has exceeded expectations. Currently housed in 72,000 square feet at Delaware Technology Park, DBI will manage the new 220,000-square-foot Ammon Pinizzotto Biopharmaceutical Innovation Building on the University’s STAR (Science, Technology and Advanced Research) Campus.
When businesses across the country started shuttering in response to COVID-19, Nick Griseto was worried. As president of James Thompson & Company Inc. – a Delaware textile mill in Greenwood – Griseto has almost 45 employees working at their 125,000 square-foot facility.
When it comes to air conditioning in the workplace, many people focus on the temperature and the bottom line. But for many industries, humidity and air quality control are just as important as comfort and cost. Enter AirGreen’s liquid desiccant cooling system, which covers all the bases.
A statewide COVID-19 business survey administered three times so far by Delaware Prosperity Partnership (DPP) and its economic development partners is informing Delaware’s responses to the pandemic and its plan for a full recovery.
Market disruption can often lead to new ways of doing things. Delaware’s highly regarded chefs and restaurant owners wasted no time pivoting when COVID-19 restrictions went into place in mid-March.
The entire business landscape has been disrupted by the COVID-19 pandemic, and small business owners – who are the backbone of business in America – are among the hardest hit by the crisis.
JustFoodForDogs (JFFD), maker of the number-one veterinarian-recommended fresh food for pets, has opened a 21,000-square-foot master kitchen that will serve as the core of its East Coast supply chain in New Castle, Delaware.
Kris Vaddi, Ph.D., is not a native Delawarean, but in many respects, his exceptional career was born here. Vaddi is the founder and CEO of Prelude Therapeutics, an early stage biopharmaceutical company. Previously, he was the vice president of Incyte Corporation. Both are based in Wilmington, Delaware.
At 5,000 feet in the air, Patrick Callahan’s plane pitched into a spiral. Suddenly, Callahan lost his sense of direction. Everything was a blur. “I don’t know where I am,” the CompassRed founder told his flying instructor. The pilot, who was teaching Callahan about spin recovery, remained calm. Find the red section on his compass, and all would be well.
Delaware is a microcosm of global trends in the chemical industry, said Kurt Foreman, president and CEO of the Delaware Prosperity Partnership (DPP), which leads the state’s economic development efforts.
Farmers of Salem, a regional mutual insurance company founded in Salem County, N.J., in 1851, is relocating to Wilmington in 2021 and bringing 52 jobs to the city.
The Delaware Prosperity Partnership (DPP), the state economic development organization, and the North East Local Enterprise Partnership (LEP), a public, private and education sector partnership in North East England, UK, have signed a cooperative agreement to support joint business development.
Delaware Prosperity Partnership President, Kurt Foreman shared the findings from Delaware in a Fintech Future at Factory Berlin, one of the world’s most unique international coworking spaces, with more than 3,000 members from over 70 nations.
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