Delaware Electric Cooperative’s (DEC) board of directors voted to return more than $5 million in capital credits to the Cooperative’s members in December.
DEC expects to distribute checks or billing credits to more than 75,000 members this holiday season. Capital credit refunds are the co-op’s profits, or margins. Because DEC is a not-for-profit utility, margins are returned to members.
Members...
Dover-based Chesapeake Utilities Corporation completed of the acquisition of Florida City Gas, which is now a wholly-owned subsidiary of the company.
This $900 million-plus transaction represents an expansion of Chesapeake Utilities' footprint in a high-growth market in five of the top 10 most populous counties in the Sunshine State. It will double Chesapeake Utilities' customer...
The list of the November stories on the Delaware Business Now website was topped by a post on a restaurant fire at the Maryland river-bay town of Port Deposit.
Coming in second was Avelo Airlines making seasonal changes to its Wilmington Airport schedule that were influenced by scheduled maintenance on one of the two Boeing 737 jets based at the...
According to a report from the Delaware Association of Realtors, the state's home sales market "presented a blend of both positive and challenging trends."
Homes were selling a bit faster compared to September. The market also saw a modest increase in new listings, a positive sign for those seeking a variety of home choices. However, the number of homes...
The Delaware Department of Agriculture urged all poultry owners, including commercial producers and backyard flock owners, to take precautions confirmed to have tested positive for highly pathogenic avian influenza (HPAI).
Further confirmation from the U.S. Department of Agriculture’s National Veterinary Services Laboratory is pending.
Avian influenza is an airborne respiratory virus that spreads easily among chickens through nasal and eye...
Delaware State University signed an agreement with United Airlines to provide its aviation students an opportunity to enter United Aviate – a pilot career development program that provides a path to its flight deck.
University President Tony Allen and Capt. Mike Bonner, managing director of Aviate and Pilot Strategy, signed the agreement during a Nov. 16 ceremony...
The City of Dover is using a $500,000 grant from Energize Delaware’s EV Fleets for Local Governments program to pilot a fleet of electric vehicles and electric lawn equipment.
“Our crews are very excited to put this new equipment to the test,” Dover City Manager Dave Hugg said. “Before we invest taxpayer money in this still relatively new technology, we...
The Morningstar rating group has upgraded the DE529 Education Savings Plan from bronze to silver status.
That rating should help get more parents participating in the plan, an area where the college plan lagged some of its peers, due to a lack of tax incentives.
“Delaware earns an Above Average Parent rating driven by its multiple layers of oversight and...
Dover-based Chesapeake Utilities Corporation higher earnings in the third quarter.
In the third quarter of 2023, the company's adjusted net income, which excludes transaction-related expenses for the announced acquisition of Florida City Gas was $12.2 million, compared to $9.7 million reported in the third quarter of 2022.
Earnings for the third quarter of 2023 were driven by continued pipeline expansion...
Dover-based Chesapeake Utilities Corp. has offered an overview of its involvement as an anchor partner with the Mid-Atlantic Clean Hydrogen Hub (MACH2).
MACH2 was one of seven regional hydrogen hubs selected to receive an allocated share of the $7 billion in Bipartisan Infrastructure Law funding to accelerate the market for hydrogen in the United States. MACH could receive $750 million...
America’s Health Rankings’ recent report, 2023 Health of Women and Children Report, ranks Delaware first in the nation for hospital maternity practices.
“Delaware hospitals are committed to providing the highest quality infant and maternity care,” said Brian Frazee, CEO of the Delaware Healthcare Association. “We are proud to be first in the nation for the quality of care that Delaware hospitals provide to...
(Send personnel news items to drainey@delawarebusinessnow.com
Briggs names Deputy Director
The Biggs Museum of American Art announces today that Sandra K. James has been appointed Deputy Director, Head of Philanthropy and External Relations.
In addition to Philanthropy and External Relations, James will oversee the Membership and Visitor Experience functions in her new role.
Before joining the Museum in 2022, James spent more than 20...
State officials say Delaware is on its way to having broadband available to all households.
Governor John Carney joined state leaders and representatives of Comcast, Verizon, Mediacom, and the Communication Workers of America to mark the expansion to 6,000 homes.
Carney assigned $33 million in funds from the American Rescue Plan Act for broadband expansion. Under the program, the...
Delaware Attorney General Kathleen Jennings announced that the state Department of Justice has filed a lawsuit to over the use of PFAS "forever chemicals" related to the use and firefighting foam used at airports and military bases.
The lawsuit results from an investigation conducted over a two-year period. The chemicals have been found in wells around the...
Milford-based Burris Logistics has quietly sold a large chunk of its business to Michigan-based Lineage, a real estate investment trust specializing in cold storage facilities.
Earlier this month, Lineage announced the acquisition of eight facilities from Burris Logistics. Financial terms were not disclosed.
Burris had been one of Delaware's largest privately held companies. The company has been selling cold storage...
