An energy exploration and environmental technology company marked its move from Elkton, Md. to nearby Glasgow with a ribbon-cutting event attended by Gov. Jack Markell and Lt. Gov. Matt Denn.
Amplified Geochemical Imaging recently moved to Pencader Corporate Center off Del. 896. The company acquired the business from W.L. Gore and Associates, headquartered in Newark.
Markell and Denn joined AGI and government officials for a ribbon cutting Wednesday at the company’s new 20,000-square-foot facility.
“A strong Delaware economy relies on small business, and on that front we think both locally and globally. Amplified Geochemical Imaging is a world leader in its field, and we are proud to have them here in the First State,” Markell said. “We need new small businesses to stir commerce in our downtowns as much as we need firms like AGI to add jobs to our growing cluster of innovative companies.”
AGI offers services in two areas: exploration and environmental. The company’s surveys for oil and gas exploration are used to explore for gas, condensate and oil hydrocarbons onshore and offshore, in all terrains, geographies and climates.
AGI also helps clients explore for buried deposits of gold, silver, copper, lead, zinc and other mineral resources. The company’s surveys are used for accurate site assessments, vapor intrusion investigations, ground and surface water characterization, conceptual site model development, pipeline integrity testing, and long-term monitoring.
“Our new facility will support our on-target growth of 50 percent this year along with the future double-digit annual growth rates expected for the Oil & Gas industry,” said Harry Anderson, AGI’s Chief Operating Officer. “This demand will require additional employment in Delaware, Texas, Europe, and Asia locations as well as continued capital investment in our specialized TD/GC/MS instruments. We have already used Delaware’s Employment and Training office in fulfilling some of those resource demands.”
AGI was awarded a Strategic Fund Performance Grant for bringing 22 established jobs to Delaware, with the anticipation of adding more jobs in the future, as well as a Strategic Fund Capital Expenditure Grant.
“Delaware continues to thrive in long-standing industries such as manufacturing and agriculture, but adding companies like AGI enhances our mix,” said Alan Levin, director of the Delaware Economic Development Office. “These are well-paying laboratory jobs that use the latest technologies in the energy industry – one that will only continue to grow. We’re expecting AGI to grow along with it.”
A release from DEDO noted growth in the Newark area with Bloom Energy in operation at the former home of the Chrysler plant, GE Aviation expanding and added jobs and Natural Dairy Products moving from Pennsylvania to a new dairy facility off Elkton Road.
Amplified Geochemical Imaging’s surveys are based on technology developed by Gore that uses proprietary surface geochemical samplers, advanced analytical techniques and sophisticated statistical tools. Further information is available at www.agisurveys.net.
