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Monday, January 24, 2022

Bloom Energy completes $6.6 million project at Newark site

Bloom Energy has completed a  $6.6  million project in Newark in preparation for future growth. The San Jose-based company is seeing increased interest in its hydrogen-producing electrolyzer systems while seeing steady sales growth for  its fuel...

Burris tops list of largest Delaware-based private companies

Burris Logistics ranks as the largest Delaware-based private company, according to an annual report from Forbes. Milford-based Burris provides freezer warehouse space and transportation services in an area that includes New England, the Mid-Atlantic,  the...

Biden family spending Thanksgiving in Nantucket

The Biden family is spending Thanksgiving at the home of a billionaire friend. The President and First Lady, Dr. Jill Biden, departed the White House on Tuesday night for Nantucket island off Massachusetts. According to the...

NiKang launches early stage trial for cancer drug candidate

NiKang Therapeutics Inc., a clinical-stage biotech company, based near Wilmington,  announced that the first patient has been dosed in a new study.  Under study is a single agent NKT2152, a small molecule that inhibits hypoxia...

Bank of Delmarva parent to merge into north Jersey-based bank

OceanFirst Financial Corp., Red Bank, NJ, and Partners Bancorp, the parent company of The Bank of Delmarva, Seaford, and other financial institutions announced a definitive acquisition deal. Partners will merge into OceanFirst, with OceanFirst the...

M&T ranked No. 1 in Delaware for SBA loans

M&T Bank again ranked No. 1 in Delaware for U.S. Small Business Administration lending, providing 47 loans for $5.8 million to help small businesses in the state grow during the SBA’s 2021 fiscal year...

ILC Dover names new CEO

ILC Dover announced that Corey Walker, an experienced executive in life sciences, advanced technologies and applied materials, will join ILC Dover as Chief Executive Officer effective November 15. He succeeds Fran DiNuzzo, who focused the...

Solenis acquired by private equity company

Solenis, a  global producer of specialty chemicals, has been acquired by Platinum Equity from Clayton, Dubilier & Rice, and German chemical giant BASF in a transaction worth $5.25 billion. Both Clayton and BASF have...

The GE split and a CEO’s eye-popping pay package

Good afternoon, This week, GE  announced plans to finally leave the world of conglomerates. Larry Culp - who had retired to the picturesque Eastern Shore town of  Chestertown, MD after stepping down as CEO of a...

DuPont electronics hits milestone on path to carbon neutral status by 2030

DuPont's Interconnect Solutions (ICS) - a part of the Electronics & Industrial (E&I) business segment - has set a goal of reaching carbon-neutral operations worldwide by 2030. DuPont announced that as of September 1, the...
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