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New cranes go up at Port of Wilmington

Two massive cranes are now being assembled at the Port of Wilmington. The  port earlier  purchased  two  multi-purpose gantry cranes from Kocks Crane company of Germany.  The components were delivered to the port in late November and...

(Full report and slide presentation) DuPont ends year with higher earnings

  DuPont  ended the year with higher  earnings and  CEO Ed Breen saying a merger with Dow has been pushed back.  In the fourth quarter, GAPP (Generally Accepted Accounted Principles)   earnings were  $0.29 per share with...

Business people: Jan. 17, 2017

Delaware State Chamber  names new board members The Delaware State Chamber announced  that Nicholas P. Lambrow, president of Delaware Division and Senior Vice President of M&T Bank, Inc., and Robert F. (Rob) Rider, Jr., President...

(Gallery) State Chamber dinner remains top business event

(Photos by Doug Rainey) The Delaware State Chamber Annual Dinner  Monday night reinforced its status as the state's top business event on a night that featured breaking news on DuPont and Chemours.  The  900 or more attendees who...

DuPont to spend $200 million to upgrade Experimental Station

DuPont CEO Ed Breen offered an upbeat view of the company at the annual dinner of the Delaware State Chamber of Commerce, announcing a $200 million upgrade at  the company's historic Experimental Station near...

Wilmington area office space forecast outlines challenges and gains

Jackson Cross Partners took a look at the northern Delaware market at its annual update late last year.  Pete Davisson, partner of Jackson Cross opened his remarks by reviewing the status of development projects in...

Jury awards $10.5 million in case involving DuPont C8 chemical

  A jury in Ohio has awarded $10.5 million in a case involving DuPont and the C8 chemical used in the production of Teflon, the Columbus Dispatch and other media outlets reported. The case is one...

Year in Review: Even in its shrunken state, DuPont legacy looms over state

Click here for other stories on DuPont Delaware spent the year dealing with the impact of 1,700 job cuts and the looming merger of Dow and DuPont. Some of the adjustment was psychological, as many of...

New Jersey town sues DuPont over environmental liabilities

The neighboring community to the Chambers Works site has filed suit against DuPont Co., citing an estimated $1.1 billion in estimated environmental clean-up costs. The lawsuit, filed earlier this month by Carneys  Point,  cited a...

Jurors award $2 million in first phase of suit against DuPont

Jurors awarded $2 million in the latest case involving a chemical tied to DuPont’s production of Teflon and its effect on the water supply. CNBC reported that jurors found “actual malice” in DuPont’s actions over...

DuPont raises guidance as operating earnings show strength

DuPont raised earnings guidance after  announced third-quarter 2016 GAAP (Generally Accepted Accounting Practices earnings of $0.01 per share and operating earnings  of $0.34 per share.  Last year's GAAP and operating earnings2 were $0.14 and $0.13...

State revenue division announces reduced filing schedules for some small companies

The Delaware  Division of Revenue has announced the first of what will become annual adjustments that may ease filing burdens on some small businesses. These adjustments are intended to recognize small businesses’ unique challenges by...

Many Republicans get perfect score on business report card

Several Republicans earned perfect scores, and no Democrat cracked the 70  percent mark in a legislative scorecard from the National Federation of Independent Business. The report card was based on eight votes ranging from the...

Gordon says Chinese delegation’s visit will explore port expansion options

County Executive Thomas P. Gordon   and Wilmington Mayor Dennis Williams announced that  a Chinese delegation will pay a visit to check out port and economic development options. This meeting will represent the fourth exchange...

Business people, Sept. 6, 2016

Chemours board member on Power 300 The Chemours Company (Chemours) announced that Savoy Magazine has named board member Dr. Curtis J. Crawford to   the Power 300 list of the 2016 Most Influential Black Corporate...

Office vacancy rate drops in first half of 2016 as suburbs post stronger performance

A commercial real estate firm reported a lower office vacancy rate in the first half of 2016. The report from Colliers noted that the  “vacancy rate in New Castle
County decreased overall, but the suburban market...

No sale imminent for Hotel duPont

The sale of the Hotel duPont  and the redevelopment of the DuPont Building does not appear to be imminent. The News Journal reported that Buccini/Pollin Group, which has been eying the property, was moving toward...

DuPont, Navient make Fortune 500 list

DuPont Co. and Navient were the  Delaware companies to make the Fortune 500 list of largest companies. The list ranks companies based on annual revenues. DuPont, based near Wilmington,  ranked 101st on the list with revenues of...

Business people: May 10, 2016

Day named Perdue COO Jim Perdue, chairman of Perdue Farms, Salisbury, announced the promotion of Randy Day to Chief Operating Officer of Perdue Farms, effective immediately. Day was previously president of Perdue Foods, a post he...

Downtown office vacancy rate lowest since 2009

An update from  The Buccini/Pollin Group, Inc. reported  that the downtown Wilmington central business district (CBD) office market ended 2015 with a 15.2 percent  vacancy rate. Buccini/Pollin is the largest development firm in downtown and...