Delaware Business Now

This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org  By  Karl Baker Why Should Delaware Care?Local opposition this past fall scuttled decades-old Comprehensive Planning processes and has forced county lawmakers to go back to consider zoning changes by individual parcel. How they choose to proceed will affect how New Castle County...

Big brands, in partnership with Carvertise, are revving up to swarm baseball stadiums throughout the country as the season gets underway. Examples*Noom, the digital health company, will deploy a fleet of branded cars around the Seattle Mariners’ T-Mobile park in the hours leading up to select home games.* California State University Northridge will tout its educational programs via colorfully branded cars...

My take - Dolphins' (not the sea mammals) will protect the Delaware Memorial Bridge. A January 2023 press release from the Delaware River and Bay Authority did not get a whole lot of attention at the time. The DRBA announced it had obtained federal funding for dolphin cells. The $22 million in funding from the feds cleared the way for...

Mid-Atlantic small businesses affected by the Francis Scott Key Bridge collapse may apply for low-interest, long-term Economic Injury Disaster Loans from the U.S. Small Business Administration (SBA ) . The loans were made available in response to a letter from Maryland Gov. Wes Moore on March 29, 2024, requesting a disaster declaration by the SBA. The declaration covers the entire state...

Last week, Sussex County officials and U.S. Sen. Tom Carper announced $1 million in federal funding for Delaware Coastal Airport’s runway extension project. This funding will go toward the environmental assessment and preliminary design of the runway extension to 6,000 feet. It's part of $154 million in federal funding secured by the state's congressional delegation for Delaware...

Ingersoll Rand Inc. has entered into an agreement to acquire ILC Dover from New Mountain Capital, LLC, a private equity firm. The deal includes an upfront cash purchase price of approximately $2.325 billion and an earnout tied to the achievement of select operating efficiency metrics in 2024. ILC, headquartered in Newark, provides products for biopharmaceutical, pharmaceutical, and medical device...

Kent County is one of several locations around the nation that will see community solar projects that will share land with agricultural operations under a partnership with Walmart. Pivot Energy announced today that Walmart is investing in 19 solar projects under development across the country, including 15 community solar projects. The tax equity investment includes projects in Illinois, Colorado, Maryland, California, and...

Delaware State Police arrested John Ottolini, 37,  of Lewes in connection with a Rehoboth Beach restaurant burglary. On Feb. 15, troopers were dispatched to Agave at 19178 Coastal Highway outside of Rehoboth Beach. When troopers arrived, they learned that the suspect gained entry through an unlocked door. Once inside, the suspect removed money, alcohol, and keys...

During the Spring Manufacturing & Policy Conference in Dover, the Delaware State Chamber of Commerce and its affiliate, the Delaware Manufacturing Association  named Hologic’s 3Dimensions Mammography System as the first Coolest Thing Made in Delaware. This contest served to highlight Delaware's vibrant and diverse manufacturing industry—which employs 28,000 Delawareans—and promote the sector as a top career path. Structured in a bracket format,...

The Delmarva Chicken Association has released its annual economic impact report. The report outlines the impact of a key driver in the Delaware economy. The report also dispels some myths surrounding the key industry on the Delmarva Peninsula. In good news for consumers, the wholesale value of chicken produced in the region fell by 14.6%. As supply chain snarls and other...

Avelo Airlines' scheduled announcement on Wednesday regarding routes from Lakeland, FL came and went without an announcement of a Wilmington flight. It was widely believed that the Florida airport between Tampa and Orlando would offer flights to Wilmington and its big East Coast base in New Haven, CT. Avelo will initially offer twice-weekly flights to the Connecticut airport beginning...

This story was produced by Spotlight Delaware, a community-powered, collaborative, nonprofit newsroom covering the First State. Learn more at spotlightdelaware.org  By  Karl Baker Why Should Delaware Care?The Port of Wilmington directly or indirectly supports thousands of well-paying blue-collar jobs in Delaware. A change in operator last year at the port renewed hopes that increased volume could bolster the port, but a...

AAA reported Delaware gas prices dropped more than a nickel a gallon in the past week as fears of production cuts in Russia faded. The $3.24 price on Monday was more than a dime lower than during the same period a year ago. Price leaders Royal Farms and Wawa dropped prices in many areas before the Easter travel period. Delaware's average...

The Chemours Company announced the Audit Committee of the Board of Directors has completed its internal review that led to the replacement of its CEO and two other executives. Chemours is based in Wilmington and has a research center in Newark. The final report reflected preliminary findings that were released earlier. The internal review determined that payments of up to approximately $100...

As the shock began to wear off from the collapse of Baltimore's Francis Scott Key bridge, speculation turned the impact on East Coast ports. Much of the Port of Baltimore will be closed to ships for an extended period after a cargo ship apparently lost propulsion and crashed into the bridge early Tuesday morning. Sadly, several maintenance workers...

House Democrats released the following after the measure moved out of committee, following strong opposition from the Delaware Healthcare Association, a trade association that represents the state's hospitals. DOVER – On Wednesday, the House Administration Committee released legislation aimed at managing the alarming rise of healthcare costs by establishing greater oversight of hospitals. Sponsored by House Speaker Valerie Longhurst, House Bill 350...

i.g. Burton Auto Group acquired of CF Schwartz Toyota in Dover. It comes after the acquisition of a long-time Newark Jeep, Chrysler, Ram dealership. The dealership is now known as  i.g. Burton Toyota of Dover. Terms were not disclosed. Toyota dealerships are highly prized due to the wide range of vehicles produced by the world's largest automaker. Toyotas come with...

Delaware Auditor of Accounts Lydia E. York issued a special report on the Delaware Unemployment Compensation Fund (DUCF) that found "significant deficiencies in internal accounting controls." The report summarizes the findings of a months-long inquiry by auditors at the Department of Labor Division of Unemployment Insurance. These issues contributed to what the office termed as an "unprecedented disclaimer of opinion." “This report...