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Tuesday, March 26, 2019

SEI hired to handle Delaware Community Foundation investments

SEI  announced the company has been hired by Delaware Community Foundation to serve as outsourced chief investment officer (OCIO) for approximately $180 million of the foundation's assets. The strategic partnership has also resulted in the...

U.S. intervenes in Medicare billing lawsuit against Delaware MRI practice

The United States has intervened in a lawsuit against Orthopaedic and Neuro Imaging LLC (ONI), and the company's owner, Richard Pfarr. The suit alleges the practice submitted false claims for Medicare reimbursement.   The announcement...

Big Box Builders of Newport named authorized Nucor contractor

Nucor Building Systems, a   manufacturer of custom-engineered metal building systems announced the addition of Big Box Buildings, Newport as an authorized builder. By partnering with Nucor Building Systems, Big Box Buildings is now able to offer customers...

Delaware’s state debt burden gets failing grade

Delaware ranks near the bottom in a measurement of state debt. Chicago-based Truth in Accounting gave  Delaware the low ranking based on per capita debt or the amount of money each resident would have to...

Business people, Sept. 27, 2017

  (We welcome your people news items. Email us at drainey@delawarebusinessnow.com) Chemours CEO to chair National Safety Council The Chemours Company announced that its President and CEO, Mark Vergnano, has been elected to chair the board of...

Frontier adding flights to 4 more cities next year

  Frontier Airlines continues to expand its schedule out of Philadelphia with nonstop, seasonal  service to mid-sized cities a few times a week. The airline announced it will launch non-stop seasonal flights between Philadelphia International Airport...

Effort under way to name Newark school in honor of filmmaker Ken Burns

A Christina School District committee will study a proposal tonight on naming a Newark elementary school in honor of filmmaker Ken Burns. The proposal that will go before a committee that studies school name...

DuPont Clean Tech to help tap Egyptian gas field

DuPont Clean Technologies signed a contract with Kinetics Technology (KT) for Eni’s giant Zohr deepwater gas field in the Egyptian Exclusive Economic Zone of the Mediterranean Sea. Under the contract, DuPont will be delivering the...

Buccini/Pollin breaks ground on Virgin hotel

Wilmington and Washington D.C.-based developer   Buccini/Pollin Group, Inc. (BPG) and its construction affiliate BPGS Construction broke ground on  Virgin Hotels Nashville.   The hotel project had been announced earlier this year. David Pollin, Chris Buccini and Robert Buccini,...

Shore United opens branch in Virginia

Shore Bancshares, Inc. announced  its banking subsidiary, Shore United Bank, opened a new branch in Onley on Virginia's Eastern Shore. Shore has branches on the Eastern Shore of Maryland and in Delaware. "Our new full-service branch...