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Friday, October 11, 2019

Sharp Energy honored for support of alternate fuel vehicles

Chesapeake Utilities Corporation, Dover,  announced that its propane subsidiary, Sharp Energy, Inc., was recently selected by the Eastern Pennsylvania Alliance for Clean Transportation (EP-ACT) as a recipient of its Industry Support Award. Sharp Energy was nominated...

Dover Downs results highlighted in new owner’s earnings report

Twin River Worldwide Holdings, Inc., aided by results from Dover Downs, posted higher revenue in the second quarter. Highlights Revenue increased 29.2 percent  to $143.2 million  Gross gaming revenue increased 26.5 percent  to $228.0 million ...

TransPerfect eyes Wilmington-area location

Translation and business  services provider TransPerfect confirmed it is scouting the Wilmington market for an employment site.  “Right now we’re exploring a few options for hiring in Wilmington. We have a number of teams that...

Delaware City refinery owner PBF reports lower earnings

Delaware City refinery owner   PBF Energy Inc.  reported second quarter 2019 income from operations of $9.5 million, compared to income from operations of $422.3 million for the second quarter of 2018. Earnings were below analysts’ estimates  as PBF saw...

UPS opens new sorting center in New Castle

  UPS  officially opened a new high-speed package sorting center in New Castle. The center added approximately 70 percent more package processing power to support growing demand of businesses and residential customers in New Castle County...

Corteva posts earnings decline as agscience spinoff raises guidance

Wilmington-based  Corteva, Inc. reported lower earnings in its early days  as a standalone company. The company did raise earnings guidance. Corteva's  stock price is up a couple of dollars a share from the date of...

Artesian earnings unchanged in first half

Artesian Resources Corporation, reported no change in earnings in the first half of 2019. Artesian is based in the Stanton-Christiana area south of Newark.    Net income for the first six months of 2019 remained...

Renaissance, Leaders Alliance merge to form Wilmington Alliance

The Wilmington Leaders Alliance (WLA) and the Wilmington Renaissance Corporation (WRC) announced the creation of the Wilmington Alliance. Wilmington Renaissance, formerly Wilmington 2000, was formed in the 1990s in an effort to bring jobs to Wilmington...

Gatehouse owner to acquire News Journal parent Gannett in cash and stock deal

New Media Investment Group Inc. (Gatehouse) and Gannett Co., Inc. announced  New Media will acquire  Gannett  for a combination of cash and stock. A release stated that the combined company will invest in newsrooms.  The merger...

Chemours adds to titanium mining, processing operations

The Chemours Company is adding to its titanium mining and processing operations. The Wilmington company acquired  Southern Ionics Minerals, LLC,  an exploration, mining, and manufacturing company based in Jacksonville, FL. SIM was a wholly owned...