Adesis, Inc., a wholly-owned subsidiary of Universal Display Corporation last week cut the ribbon on new chemistry laboratories in its 50,000 square foot New Castle facility.
“We are thrilled to celebrate the next milestone in Adesis’ continuing growth success,” said Andrew Cottone, Ph.D., president of Adesis, Inc. “Our achievements over the past two-and-half years have been bolstered by our growing scientific staff, Universal Display Corporation and the support of the Delaware government. During this period, we have increased our headcount and scaled up operations by more than 100 percent and added new discovery and manufacturing capabilities. This recent expansion deepens our continued commitment to New Castle County and the state, as well as our steadfast focus on broadening our custom organic synthesis, research & development, and specialty manufacturing services for our customers and partners.”
The expansion of 6,000 square feet adds to the existing chemistry labs where scientists perform discovery, development, and commercialization services.
The expansion is supported with a grant through the Delaware Strategic Fund and cooperation with state and local officials. The company praised the formation of the Delaware Prosperity Partnership, a public-private economic development group
Adesis was awarded a $445,224 state grant. This grant helped to facilitate this recent multi-million dollar laboratory expansion, which resulted in the creation of high-tech jobs.
“Adesis’ growth in Delaware underscores our state’s rich history of innovation and commitment to being business friendly; on behalf of Delaware Prosperity board and leadership team we celebrate Adesis’ continued growth in Delaware,” said W. Kurt Foreman, President and CEO of Delaware Prosperity Partnership.
Adesis employs about 100, with about three fourths of that number working in New Castle.
