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Kent County

Artesian sees lower earnings in 2023

Artesian Resources Corporation reported lower earnings in 2023 with the company seeing higher expenses that are now being offset by a temporary rate increase. The Newark area water company reported net income of $16.7 million, a $1.3 million, or 7.2%, decrease compared to 2022. Artesian operates in all three Delaware counties and in Cecil County, MD. Revenues totaled $98.9 million for...

House committe okays bill requiring hospital systems to report community benefit spending

A Delaware House committee has passed legislation that would order the state's nonprofit hospital systems to report their community benefit spending. House Bill 326 would require hospitals to report spending on uncompensated care, support for medical research, health education and prevention programs, community clinic subsidies, and social factors that affect health, according to the bill's text. The bill, sponsored by...

O’Mara makes it a 3-way Dem race for Delaware governor

 Today, former Delaware Secretary of Natural Resources and Environmental Control and current CEO of the National Wildlife Federation Collin O’Mara announced that he is the first Democrat to file as a candidate for governor. At the end of 2023, O’Mara said he had formed an exploratory committee to determine whether Delaware Democrats wanted a different option in the...

Business Roundtable rolls out report calling for political leaders to focus on prosperity and growth

The Delaware Business Roundtable released a report on Tuesday calling for a "comprehensive, fact-based framework for Delaware’s political leaders to set a bold course toward prosperity and growth." “Delaware must fundamentally prioritize and invest in long-term economic development, including a vibrant, supportive ecosystem for entrepreneurs, workforce development, and a healthy private sector in the face of intense competition for jobs,...

Wawa plans to open 70 new stores in 2024

In 2024, Wawa plans to open more than 70 new stores, including first stores in three new states of Alabama, Georgia, and North Carolina. Openings are coming in the Midwest in the coming years as well as central and western Pennsylvania. Wawas are mainly located in the Mid-Atlantic and Florida. Delaware has more than four dozen stores. The store count...

Harrington on Rite Aid closing list

A Rite Aid store in the Kent County town of Harrington is the latest on a closing list filed in U.S. Bankruptcy Court in New Jersey The Kent County location was one of 77 stores listed in a court document and follows earlier store closings, mainly in northern Delaware.. Rite Aid filed for Chapter 11 protection due...

Delaware gas prices up slightly as national figures show heftier increase

Delaware gas prices rose a couple of pennies in the past week as the gap widened between national and state averages. As of Monday, the First State average gas price was about 12 cents lower than the national figure, after a period when the two were within a few cents of each other. AAA reported that the upward trend is...

My take: Labor market, Kroger-Albertsons and Macy’s

A few odds and ends from the labor market and retailing. First off, we won't see the state's labor market (unemployment) report for January until March, followed by the February stats later in the month. The state's jobless rate is likely to remain fairly steady. The timing of reports has to do with a short month and labor market figures being...

Delaware home sales market slows slightly in January

The Delaware Association of Realtors reported that January's housing market posted a slight decrease in new listings and homes sold. The inventory of new homes did rise sharply. The median price increased by 4.50%, However, the median listed price increased by only 0.17%. The real estate group stated that pending sales fell by 8%, but active inventory showed 13% growth,...

Green hydrogen company gets $1.7 million from state for expansion in Dover

FFI Ionix Inc., a wholly owned subsidiary of Fortescue, an Australian green technology and metals company, picked Dover for expanded operations and gained up to $1.7 million in grants from the state. FFI Ionix, which focuses on hydrogen technologies, will relocate from a 15,000-square-foot site in Harrington to 60 Starlifter Avenue in Dover. More than 22,000 square feet of...

Delaware Electric rate restructuring draws fire from members with solar systems

Delaware Electric Cooperative announced a rate restructuring plan that has led to pushback from customers with solar systems. A release stated that some businesses will see lower rates, while others will see an increase. Winter and summer rates were combined. Specifics about changes to all rate classes and a full copy of the release can be found HERE. "The overwhelming majority...

PNC adds mobile bank in Delaware as company announces $1 billion in renovations and new branches

PNC has added a mobile bank in an area outside Wilmington as part of a branch expansion and renovation program. The nationwide plan includes spending about $1 billion to open more than 100 new locations and renovate more than 1,200 existing locations by 2028. PNC spokesman Jason Beyensdorfer said no new branches are planned in the First...

From Spotlight Delaware: Whistleblowers sue Covid-era prison health provider

By Karl Baker, Senior reporter This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org Centurion, the company that managed health care in Delaware prisons during the COVID pandemic, is being sued for fraud by two whistleblowers in a Superior Court lawsuit that has been sealed from the public for the...

10 business honored as EDGE Grant recipients

Ten small businesses were honored by the Delaware Division of Small Business as winners of the seventh round of the Encouraging Development, Growth, and Expansion (EDGE) competition. Winners included a company planning to develop residential electric vehicle chargers, one developing an improved hand/arm prosthetic that’s easier to use, one developing an adapted mobility device for getting into bed, and...

State Chamber announces reimagined Pathways conference

The Delaware State Chamber of Commerce’s workforce development affiliate, The Partnership Inc., announced a rebranded Navigating Delaware Pathways: An Education and Workforce Development Summit. Slated for April 16 at Delaware Technical Community College’s Terry Campus in Dover, the summit was formerly known as the Delaware Pathways Conference, The Partnership, Inc. partnered with the Delaware Department of Education, Rodel,...
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