Asbury Automotive Group, Inc., one of the nation's largest automotive retail and service companies, signed a definitive agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S in a $1.2 billion deal.
Koons operates a Lexus dealership in Wilmington.
Koons recorded $3 billion in revenue in 2022 and includes 20 dealerships, 29 franchises, six collision centers, and one...
Northrop Grumman Corporation has opened a Hypersonics Capability Center near Elkton, MD to produce advanced propulsion solutions that can power hypersonic missiles beyond Mach 5 (3,800 miles an hour).
Highlights
A factory of the future, the HCC establishes the infrastructure and capacity necessary to cost-effectively produce hypersonic propulsion at scale, supporting the U.S. Department of Defense’s demands for long-range, rapid-response weapons.
The HCC...
Avelo Airlines has extended its flight schedule from Wilmington (ILG) from the end of October into the first week of January. That's good news for travelers heading to Florida for the holidays.
Avelo flights typically operate twice a week and are geared to long weekends. The exceptions to the two-a-week rule are Orlando and Tampa, the most popular destinations out...
(Amtrak photo of proposed Susquehanna bridge)
Amtrak has submitted applications for nearly $7.3 billion in Federal Railroad Administration funding for 14 proposed Northeast Corridor projects to modernize infrastructure, improve stations and expand Amtrak service.
“In order for Amtrak to continue advancing a new era of passenger rail, we must make generational investments that require federal funding,” said Amtrak CEO Stephen Gardner....
The Maryland State Fire Marshal's office has estimated damage from a fire at the former Howard Hotel and an adjacent structure at $1.5 million.
At around 5:30 p.m. Sunday, Singerly Fire Company and nearby departments were called to 101 W. Main Street, at the intersection of North Street. The fire was quickly upgraded to two alarms and later three.
Nearly 100...
The Delaware Supreme Court has reversed a Superior Court decision that upheld a state denial of a Tesla dealership.
The Delaware Department of Motor Vehicles had rejected the application based on a Delaware law that bars auto manufacturers from owning dealerships. Tesla appealed the decision that Delaware Superior Court upheld.
The DMV earlier allowed Tesla to open a "gallery" at...
American Airlines has extended its seasonal nonstop service from Philadelphia to Lisbon and Barcelona year-round.
In addition to Lisbon and Barcelona, American's year-round PHL transatlantic service includes London, Dublin, Amsterdam, Zurich, Paris, Madrid, and Rome.
“We thank American Airlines for recognizing our passengers’ desires to travel to these popular European destinations all year long and adding more Lisbon and Barcelona flights...
It is no longer illegal to possess small quantities of marijuana in Delaware. Gov. John Carney opted not to sign or veto bills that make Delaware the 22nd state to legalize recreational cannabis for those of legal drinking age. Delaware had earlier taken away criminal penalties for simple possession.
Selling marijuana is another story with the state to spend ...
A fire at a vehicle auction site caused $200,000 in damage early Monday morning.
About 40 vehicles were damaged, according to the Maryland Fire Marshal's office.
At 3:56 a.m., The Singerly Fire Company was called to the site of an auto auction and storage yard on the 100 block of Zeither Road, near Elkton, MD. It took the 40 firefighters...
Maryland Gov. Wes Moore late last week announced that the Maryland Department of Transportation Maryland Transit Administration has signed framework agreements with Delaware Transit Corp.(DART) and the Virginia Passenger Rail Authority for potential future expansion of MARC Train Service to Newark and Alexandria, Va.
The agreements outline the next steps to advance discussions and explore a pilot program.
An...
Legislation that would allow speed cameras in construction zones and residential areas has been introduced.
State Rep. Ed Osienski, D-Newark, is lead sponsor on the bill, which has bipartisan co-sponsors.
A bill that temporarily allowed speed cameras in the I-95 construction zone through Wilmington was credited with cutting accidents during a lengthy reconstruction period.
Maryland already allows speed cameras in work and...
Charges are planned in Delaware for Michael Tyler Joseph, 32, of Fruitland, MD, for felony Home Improvement Fraud when he is extradited to Delaware from Maryland. Joseph is currently jailed in Maryland, and he is wanted in Delaware for defrauding a family out of over $23,000 throughout the past year.
On January 6, an Ocean View family reported ...
The Great Wolf Lodge will feature the lodging chain's most expansive waterpark. The quarter-of-a-billion-dollar property is under construction in Perryville in western Cecil County, MD.
The 700-room property is taking reservations for strays beginning on Aug. 1.
Perryville is about 20 miles west of Newark, off Interstate 95.
The water park at Great Wolf Lodge Maryland, will come...
A West Coast grocery chain plans to open its first Maryland store in Elkton, MD.
Grocery Outlet will open the store at the Village of Elkton Shopping Center on Nov. 17.
The company, based in the San Francisco Bay area city of Emoryville, uses an different business model in the supermarket industry with store locations are owned by individual operators.
The company...
Chesapeake Utilities Corporation purchased 100% of the membership interest of Planet Found Energy Development, LLC (PFED) for $9.4 million. PFED is based in Pocomoke City, MD.
PFED was formed by Delmarva-based scientists, farmers, and business people seeking to develop poultry litter management technologies. This acquisition aligns with Chesapeake's renewable energy strategy, including the following:
Internal technology expertise, especially related to...
