Author: Delaware Prosperity Partnership

Delaware Gets Major Push Through American Airlines In-Flight Magazine

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Delaware gets major push through American Airlines in-flight magazine

30 SEPTEMBER, 2019 | DELAWARE BUSINESS TIMES

Delaware is about to lose its status as one of the country’s best-kept secrets.

The October issue of American Airlines’ in-flight magazine, American Way, hits seatbacks on Oct. 1, with a 16-page, 4,000-word special section on six topics with a range of local leaders extolling the virtues of the First State.

The magazine chooses the subjects of its section using five criteria, said Carsten Morgan, vice president of special projects for Ink Global, which publishes 25 magazines with clients including United Airlines and Amtrak:

  • Is the community misunderstood and does it have a great story to tell?
  • Is the community ignored? Morgan said this will be one of the largest articles on Delaware to be printed by a major publisher.
  • Is it about to go through an economic renaissance? Morgan says the article will be “forward-looking.”
  • Is the timing right? “The question is whether we have the opportunity to tell the story before others do,” he said.
  • Does American Airlines have a major presence in the subject of the article?

On that last question, Morgan said American handled 69.3% of the passengers boarding flights originating in Philadelphia in 2018. That represents nearly 10.6 million of the 15.2 million enplanements the airport had last year.

But the visibility is potentially much larger.  American flies about 17 million passengers per month, with about 70% of those domestic passengers.  Morgan said American Way has an audited readership of 5.4 million domestic flyers and an additional 30% for international passengers for a total of 7.1 million anticipated readers. All seats throughout the system globally have American Way in the seatback pocket.

“It’s the first time we’ve covered the state of Delaware in any kind of detail since the American Airlines-US Airways merger” in 2013, Morgan said, adding that the section includes stories on such topics as:

  • Welcome to Delaware, featuring a Q&A with Gov. John Carney and timelines and factoids about the state.
  • The Trailblazers, with a focus on innovation and interviews with Delaware State University Provost (and future President) Tony Allen; CSC CEO Rod Ward; and FMC CTO Kathleen Shelton.
  • Changing the World, a story about health care in Delaware, featuring interviews with Christiana Care CEO Janice Nevin and Nemours CEO R. Lawrence Moss.
  • Global Impact, a 1,500-word story about key industry clusters that includes Delaware Prosperity Partnership President and CEO Kurt Foreman; Incyte CEO Herve Hoppenot; Adesis President Andrew Cottone; Delaware Tourism Office Director Liz Keller; GT USA Port of Wilmington CEO Eric Casey; and presidents Dennis Assanis and LaVerne Harmon from the University of Delaware and Wilmington University, respectively.
  • Guide to Delaware, which provides information on Sussex, Kent and New Castle counties.
  • State Tour, a lifestyle section that highlights arts and culture; the beaches, outdoor recreation; and the DuPont mansions.

“Part of DPP’s strategy is to build greater awareness and understanding of Delaware’s value proposition locally, regionally, nationally and internationally,” Foreman said.  “Having our governor and major business leaders share their vision in a major publication is a powerful way to let others know why Delaware is an ideal place for business location and growth.”

Delaware is a great place to do business, and we are competing every day with states across the country for good-paying jobs.” “This was a chance to showcase Delaware to folks who may not be aware of what our state has to offer. We continue to look at opportunities to highlight Delaware’s strong economy and quality of life to attract businesses and visitors to the First State.”   – Gov. John Carney

DSU’s Allen is excited about the additional visibility that his university will get over the next month.

“I fly a lot, and when I get the chance to visit the cockpit I look to see if there’s a pilot of color sitting in one of the seats. When I find one, I ask them where they trained. Five times out of six in the last year, the answer is ‘Delaware State University.’ As the No. 1 provider of professional pilots of color in the United States, getting covered by American Airlines is a beautiful fit,” he said. “Delaware State University is the most diverse, contemporary historically black college/university in America. Our challenge is telling our story to as many people as possible, and American Airlines is the perfect vehicle to spread the word as far as possible to a huge readership.”

Ink Global’s Morgan said, “Delaware: Why the First State Wants to Be First to Mind for Businesses, Workers, and Visitors” is an editorial-first publication and not sponsored content, meaning you did not have to advertise in the issue to be featured in it.  But Delaware State has a two-page ad in the publication (plus a free smaller ad that Allen negotiated); full-page ads for Nemours, the Delaware Prosperity Partnership and Christiana Care; and half-page ads for CSC and FMC.

This article was originally posted on the Delaware Business Times at: https://www.delawarebusinesstimes.com/american-way-delaware-focus/

Kurt Foreman

PRESIDENT & CEO

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Christina Care Health System

Success Story: ChristianaCare™


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ChristianaCare™ Health System

A national leader in quality, safety and health care innovation

Christiana Care is one of the country’s most dynamic health systems, focused on improving health outcomes, making high-quality care more accessible and lowering health care costs.

A Leader in Innovation

Christiana Care is driving health care innovation in Delaware. Its unique care coordination program, Carelink CareNow, uses predictive analytics and machine learning to identify at-risk patients and focus attention on medical and socio-behavioral issues before they escalate. The program integrates real-time information about hospital admissions, doctor visits, lab results – even patients’ daily vital checks that they perform at home – to coordinate care.

With more than 100,000 program members, Carelink CareNow has earned national attention, including the 2017 John M. Eisenberg Patient Safety and Quality Award, the nation’s preeminent recognition for quality and safety in health care.

Christiana Care’s Health & Technology Innovation Center is another force for innovation. It brings together IT experts, caregivers and the community to create solutions that connect people with their health and well-being through data and technology. For example, in one initiative that gained national media attention and earned the 2018 Magnet Prize from the American Nurses Credentialing Center, the Health & Technology Innovation Center partnered with nurses at Christiana Care’s Helen F. Graham Cancer Center & Research Institute to make the experience of chemotherapy easier for patients through the use of virtual reality technology.

First in the First State

Christiana Care is home to the world-renowned Gene Editing Institute, the only research institution of its kind embedded in a clinical cancer center. Here, scientists are at the forefront of CRISPR research, a gene editing technology lauded as one of the most significant scientific discoveries of our time.

In another first, a unique partnership between the Gene Editing Institute and Delaware Technical Community College delivers a gene editing curriculum to community college students—one of many examples of Christiana Care’s efforts to nurture a vibrant biotechnology and healthcare workforce in Delaware.

Nationally Recognized for High-Quality Care

Christiana Care has been consistently honored with the highest designations in quality and safety from leading independent health care quality rating systems, including Healthgrades, U.S. News & World Report and CareChex Quality Rating System.

Christiana Care includes an extensive network of outpatient services, home health care, medical aid units, two hospitals (1,227 beds), a Level I trauma center and a Level III neonatal intensive care unit. It also includes a comprehensive stroke center and regional centers of excellence in heart and vascular care, cancer care and women’s health.

Christiana Care is also a teaching health system with more than 260 residents and fellows. Its 11,856 employees make it Delaware’s largest private employer and among the top 10 largest employers in the Philadelphia region.

Finally, Christiana Care’s new Center for Women & Children’s Health, opening in 2020, will transform the care of women and children. Designed for the whole family, the center will feature private patient rooms, spacious labor and delivery suites and an innovative neonatal intensive care unit that will be among the most advanced in the nation.

Quick Facts

  • 11,856

    DELAWARE EMPLOYEES

  • 1,227

    HOSPITAL BEDS

  • #1

    LARGEST PRIVATE EMPLOYER

  • 5

    DELAWARE CAMPUSES

Becky Harrington

DIRECTOR OF BUSINESS DEVELOPMENT

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Miller Metal Fabrication

Success Story: Miller Metal Fabrication


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Miller Metal Fabrication

Delaware manufacturer embraces technology to bring LEAN manufacturing to reality

A leader in Delaware’s manufacturing industry, Miller Metal of Bridgeville, has been specializing in the fabrication industry for more than 30 years. The company’s founder, Martin Miller Jr., began his career as a food processing equipment inventor. At its founding, the Company was located in a small backyard shop spanning 2,500 square feet.

Today, Miller Metal has nearly 100 employees and offers a full array of manufacturing services for its diversified client base. The Company provides state of art (CAD) design, laser cutting, bending, machining, welding and assembly services. Despite its size, Miller Metal has a substantive manufacturing presence in the Mid-Atlantic, where it services local, regional, national and several international clients in a variety of industries.

Combining Creativity and Technology

The Company strictly adheres to a commitment of embracing the latest available technologies, combined with continuous adaptation to modern manufacturing practices, such as LEAN and “just-in-time” principles. Adherence to strict quality standards is another overriding principle at Miller Metal.

Currently, the Company has more than 60 advanced pieces of equipment, including lasers, waterjets, stamping presses, pipe cutters, press brakes, milling machines and robotic welders. Incidentally, Miler Metal also has one of the largest press brakes on the East Coast.

Expanding Presence in Delaware

Over the years, the company has experienced a series of expansions. In 1993, Miller left his original backyard shop for a larger space in Harrington. Soon after, Miller Metal teamed up with Delaware-based material handling solutions company, O.A. Newton & Son., to co-exist at Newton’s headquarters site in Bridgeville in Sussex County.

In 2014, Miller Metal added a machine shop to its operation, where it has several high-tech milling machines. That same year, the Company started a rubber and hose division, the Delmarva Rubber Company, at its Bridgeville location. Delmarva Rubber provides specialty rubber, gasket and hose products to the agriculture, manufacturing, public safety, chemical and food processing industries.

“You pay for the product, not the name”

Despite its success, Miller Metal stays true to its roots, remaining a family owned business with the owner’s three sons―Martin III, Dave and Paul―each retaining management roles within the Company.

As one of Delaware’s premier homegrown manufacturing companies, it’s clear that Miller Metal puts innovation at the forefront of its business model. As Miller often tells his employees, “you pay for the product, not the name.”

Quick Facts

  • 100

    APPROX. EMPLOYEES

  • 60+

    EQUIPMENT PARTS

  • 30+

    YEARS IN BUSINESS

  • 2014

    EST. DELMARVA RUBBER CO.

Becky Harrington

DIRECTOR OF BUSINESS DEVELOPMENT

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Adesis

Success Story: Adesis, Inc.


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Adesis, Inc.

A world-leading life sciences company with Delaware roots

In 1991, Adesis, Inc. was founded as CB Research and Development in Newport, Delaware: one of the first boutique chemistry Contract Research Organizations (CROs) in North America.

Fast forward nearly three decades, Adesis is now one of the fastest-growing life science companies in America. As a leading custom organic synthesis CRO, Adesis specializes in organic and organometallic synthesis to support the pharmaceuticals, biomaterials and catalyst industries. Today, its clients include seven of the top 10 Big Pharma companies as well as more than 100 companies in biotech, material science, agriculture, ophthalmology and virtual reality.

Delaware Expansions and National Acquisition

Back in 1991, Adesis occupied a mere 2,000 square feet of space. In 2000, the company relocated to New Castle to grow its business. With 25,000 square feet―twelve times the size of its original space―Adesis began to build its business from the ground up, from laboratories in a warehouse environment, to broadening its commercial horizons into diverse industries.

By mid-2016, the Adesis success story attained an even greater level of recognition when it was acquired by Universal Display Corporation (Nasdaq: OLED), a global leader in the OLED ecosystem. Nearly a year later, with plans of increasing critical mass and expanding its CRO offerings, Adesis purchased another New Castle building, essentially doubling its square footage to almost 50,000 square feet.

In October 2018, Adesis celebrated the grand opening of its new, state-of-the-art chemistry laboratories, where Adesis scientists perform leading-edge discovery, development, and commercialization services. Along with state and local Delaware officials, the Delaware Prosperity Partnership supported the expansion, awarding Adesis a $445,224 grant to help facilitate its growth, resulting in the creation of more high-tech jobs in Delaware.

Bringing International Talent to Delaware

Adesis’ leadership team believes in hiring talented chemists with exceptional work ethics, integrity, versatility and a commitment to deliver the best results. Today, the company has 103 employees, approximately 80 percent of which are PhD chemists from around the world.

That talent mindset has paid off. Currently, 73 percent of the company’s employees are located in New Castle, while the other 27 percent operate out of Adesis’ Wilmington office. Its workers have an average of five years of industry experience and the company enjoys a rare 93 percent employee retention rate. Adesis is also a sponsor of Delaware Innovation Space and has lab space at the DuPont Experimental Station in Wilmington.

“Benefitting Generations to Come”

When asked about the company’s latest expansion in Delaware, Senator Tom Carper summed up Adesis’ success story and its future impact on society perfectly: “We are thrilled that Adesis chose to make Delaware its home, and we are rooting for the company’s continued success and growth. This expansion not only means job growth here and now in Delaware, but a level of innovation that can benefit generations to come.”

Quick Facts

  • 103

    DELAWARE EMPLOYEES

  • 68

    PHD EMPLOYEES

  • 85

    CHEMISTS

  • 93%

    EMPLOYEE RETENTION RATE

  • 7

    TOP 10 BIG PHARMA CLIENTS

Becky Harrington

DIRECTOR OF BUSINESS DEVELOPMENT

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Fair Square Financial

Success Story: Fair Square Financial


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Fair Square Financial

Fintech startup is new leader in the Delaware lending industry

With Wilmington’s nickname as the “credit card capital of the world,” it’s no surprise that the Delaware city is home to the nation’s new up-and-coming startups in banking and finance. In fact, our legacy of high-tech entrepreneurs and financially-savvy talent are taking advantage of this robust industry cluster, helping bring the next wave of fintech innovation to Delaware.

That’s the story behind Fair Square Financial, a Wilmington-based company led by CEO Rob Habgood, a long-time veteran of the credit card industry, who spent more than two decades at corporate firms like Bank of America and Capital One. Incorporated in 2016, the company is best known for its competitive brand of transparent and low-fee Ollo credit card products that are aimed at Americans not adequately served by major financial brands.

Bringing Innovation to Consumer Lending

To differentiate itself in the existing credit card market, Fair Square leverages big data and machine-learning algorithms to incorporate hundreds of data points to assess individual customer credit risk. That’s great news for people with historically low credit scores, as the company doesn’t believe a financial credit score is always an accurate gauge of the ability to qualify for credit. Instead, Fair Square believes that its model offers a more comprehensive and technologically-advanced assessment of credit risk.

As of 2018, Fair Square has lent MasterCard holders more than $400 million, welcoming customers to the market with clear and simple products that grow with them as well as streamlined digital services, including online credit education.

High-Value Investment and Talent in Delaware

Fair Square is a prime example of the wealth of investment opportunities in Delaware. In 2018, Fair Square received a $100 million investment from Vikram Pandit, former CEO of Citigroup, and his investment firm, the Orogen Group, which saw enormous potential in the company. Prior to that, the company secured a $200 million investment from financial services-focused private equity firm Pine Brook as well as an $800,000 grant from the State of Delaware.

Today, the company operates in a downtown Wilmington co-working space, not far from the city’s longstanding financial industry giants, including JPMorgan Chase, Bank of America, Barclay, Capital One, Discover and more. With increased funding under its belt, the company hopes to increase its workforce to more than 100 employees in the next two years, effectively doubling its current employee count. Ultimately, that’s a good sign for Fair Square’s growth trajectory, considering Habgood believes his staff’s expertise will continue to drive the company’s innovation. For instance, Fair Square’s executive team has several decades of diverse credit card experience combined.

The Future of Fintech in Delaware

Based on his success, Habgood also believes that more industry executives and entrepreneurs will continue to turn to new ventures like Fair Square, in part thanks to the innovation opportunities and energetic feeling emerging enterprises offer compared to large, traditional corporate banks.

That’s a positive outlook for the industry overall. With Delaware’s financial services industry serving as our state’s largest generator of economic activity, it’s clear that Fair Square and its band of revolutionary new financial services ventures will continue to be positioned for success in the First State.

Quick Facts

  • $100

    MILLION RECENT INVESTMENT

  • 50

    EMPLOYEES

  • $400

    MILLION LENT

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Becky Harrington

DIRECTOR OF BUSINESS DEVELOPMENT

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Marlette Funding

Success Story: Marlette Funding


Marlette Funding

Top ranking Fintech company brings 232 new jobs to Delaware by the end of 2023

FinTech is one of the fastest-growing, disruptive innovations in the country. Delaware’s bench strength in the business and finance sectors makes it an attractive choice for FinTech sector. During the past five years, employment in Delaware’s finance industry grew by an annual average of 2.4%, twice the national rate and much faster than neighboring states. Delaware has been a magnet for out-of-state direct investment by financial services firms in recent years, with $725 million invested since 2010. Wilmington is the leading destination in our region for this investment.

Marlette Funding, LLC, a Delaware-based FinTech that runs an online lending platform called Best Egg for a traditional bank lender, leverages technology to create a distinctive customer-centric focus delivering a faster, easier and more personalized experience. Its technology platform speeds and improves the customer experience, using machine learning and artificial intelligence to remove friction, reduce credit and fraud losses and create a hassle-free consumer experience. Users of the Best Egg loan platform can instantly view loan offers within seconds and with no impact to their credit score, and qualified applicants receive funds in as little as one business day.

Its user-friendly approach has resulted in being named the 2018 Consumer Choice award winner from Best Company. The company maintains an A+ Rating with the Better Business Bureau (BBB).

In a short time, Marlette Funding has developed a reputation for its commitment to a positive and creative employee culture, as reflected in its employee engagement score, which ranks in the top 10 percent of thousands of companies using OfficeVibe, a leading online employee engagement platform, across 90 countries and recognition in 2018 by the American Banker as one of the Top Fintech Places to Work

In November 2018, Delaware Prosperity Partnership awarded Marlette Funding a $2.73M grant for the creation of 232 new jobs in Delaware before the end of 2023. Currently, there are over 30 open positions. A full list can be found here.

Quick Facts

  • 232

    NEW JOBS IN DELAWARE BY END OF 2023

  • TOP

    FINTECH PLACES TO WORK, AMERICAN BANKER

  • TOP

    WORKPLACES, DELAWARE NEWS JOURNAL

  • A+

    RATING, BETTER BUSINESS BUREAU

Becky Harrington

DIRECTOR OF BUSINESS DEVELOPMENT

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Perdue Farms

Success Story: Perdue Farms


Perdue Farms

Agribusiness leader generates $579 million annual economic impact in Delaware

In every industry, Delaware is home to many of the world’s biggest names in business. In our top-ranked agriculture sector, that’s Perdue Farms.

Operating in the United States for almost 100 years, Perdue Farms is the parent company of Perdue Foods, one of the four largest chicken producers in America, and Perdue Agribusiness, ranked among the United States’ top grain companies.

Perdue’s Legacy in Delaware

Today, Perdue Farms employs more than 3,000 people in Delaware. In addition to Perdue Agribusiness’s coming headquarters relocation from Salisbury, Maryland to Delmar, Delaware, Perdue Farms also works closely with First State family-owned businesses, including more than 260 Delaware poultry farmers and more than 500 Delaware grain farmers.

Perdue Farms holds a long legacy of innovation and investment in Delaware. Its harvest plant in Milford, Delaware is the nation’s largest USDA-certified organic chicken plant. Recently, the company spent millions on upgrades to the Milford plant, including state-of-the-art technological upgrades, like controlled atmosphere stunning to improve animal welfare. In Sussex County, Perdue Farms has also invested in automation at both its Milford and Georgetown harvest plants and expanded capabilities at its Seaford nutrient recycling plant by converting to composting.

Where Innovation Prospers

In addition to technological advances, Perdue Farms is a leader in the no-antibiotics-ever movement, eliminating all use of human and animal antibiotics in poultry processing. Its animal husbandry program is a recognized global standard, thanks to Perdue Farm’s emphasis on the Five Freedoms welfare system, which encourages natural behaviors and low stress for animals. Perdue’s decisions have continued to lead and impact the nationwide food industry, as today’s consumers demand more options from their food.

No matter how the company is innovating, Perdue Farm’s mission is “to be the most trusted name in food and agricultural products.” Its successful operations in Delaware, a state with more than 2,500 family farms and an $8 billion agriculture industry, support that vision every step of the way.

Quick Facts

  • 3,100

    DELAWARE EMPLOYEES

  • $579M

    ECONOMIC IMPACT

  • 260+

    POULTRY FARMERS

  • 500+

    GRAIN FARMERS

Becky Harrington

DIRECTOR OF BUSINESS DEVELOPMENT

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Delaware Reclaims Top Spot in Legal Climate Ranking

Delaware reclaims top spot in legal climate ranking

18 SEPTEMBER, 2019  DELAWARE BUSINESS TIMES

Delaware’s lawsuit climate has reclaimed the number one ranking in the U.S. Chamber Institute for Legal Reform‘s (ILR) national survey. Starting in 2002, the state ranked in first place every year until dropping to 11th place in 2017.

The drop in ranking took place after the General Assembly banned “loser pays” provisions in company bylaws that required shareholders who file and lose lawsuits to reimburse companies’ legal fees.

ILR said that the Chancery Court has since reigned in “frivolous lawsuits.” In 2016, the Chancery Court prohibited “disclosure only” settlements in merger and acquisition lawsuits.

“Hands down, Delaware has some of the most competent and experienced judges and stable legal system in the country,” said Harold Kim, chief operating officer of the U.S. Chamber Institute for Legal Reform. “As long as the state legislature doesn’t try to interfere with that, Delaware will continue to be a great state in which to do business.”

According to the survey, 89 percent—an all-time high—said a state’s lawsuit environment is likely to impact their company’s decisions about where to locate or do business.

The 2019 Lawsuit Climate Survey: Ranking the States is the 12th time The Harris Poll has conducted the survey since 2002 for the U.S. Chamber Institute for Legal Reform.

The final results are based on interviews with a national sample of 1,307 in-house general counsel, senior litigators or attorneys, and other senior executives who are knowledgeable about litigation matters at public and private companies with annual revenue of at least $100 million.

This article was originally posted on the Delaware Business Times at: https://www.delawarebusinesstimes.com/delaware-reclaims-top-spot-in-legal-ranking/

Kurt Foreman

PRESIDENT & CEO

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Delaware’s Manufacturing Sector is Supported by Unique and Growing Workforce Training Efforts

Delaware’s manufacturing sector is supported by unique and growing workforce training efforts

(Wilmington, Del.)  Manufacturing in America continues to be the largest economic multiplier of any industry sector, according to the National Association of Manufacturers. Delaware’s manufacturing and advanced manufacturing sector are supporting that growth.

Kurt Foreman, President and CEO of the Delaware Prosperity Partnership, the public-private partnership that manages economic development for the state of Delaware, says that approximately half the companies looking to expand in Delaware or relocate to Delaware fall into the manufacturing sector.

A strong workforce is needed to support this growth. In Delaware, a unique training program that starts in high school is ensuring there are eager and qualified professionals to support the sector. The Pathways to Prosperity program continues with training and degree options at regional colleges and universities, including Delaware Technical Community College and proceeds into adulthood with widely-available “up-skilling” programs for existing manufacturing workers to grow and advance in their fields.

Delaware’s Pathways programs are gaining in popularity among students and their parents. This year, there was 33% growth in the students expected to complete the advanced manufacturing pathway, offered through Delaware Tech. The growth is expected to continue.

Worth nearly $5 billion and accounting for more than 96% of the state’s global exports, Delaware’s manufactured goods industry is robust, creating deep supply chains and supporting the market entry and growth of new businesses. The manufacturing sector is one of the largest employers in the region, accounting for 5.6% of total employment in Delaware and 6.7% in the broader region.

Delaware’s manufacturing sector includes a robust advanced materials manufacturing sector with structural and fabricated metals, paper products, electrical equipment, aerospace products, printing, and furniture. The manufacturing and logistics sector intersects with Delaware’s science and technology sector, with firms like Agilent and Chemours producing chemicals and medical devices and with the food and agricultural sector with firms like Pepsi Bottling Ventures and Kraft Heinz manufacturing food and beverage products.

Delaware has a wealth of competitive advantages for manufacturing, advanced materials manufacturing and logistics companies. Delaware’s strategic location allows companies to reach more than 50 million people within 250 miles; and public and private investment is rapidly expanding existing infrastructure. Most notably, the Port of Wilmington—already a full-service, strategically located Mid-Atlantic seaport serving more than 200 million North American consumers—is set for $600 million in upgrades in coming years. Competitive tax rates make choosing Delaware highly attractive, especially when compared to other states in the region.

Additional Competitive Advantages

  • Close proximity to major airports, with international and domestic cargo capabilities
  • Major International port, four hours from the Atlantic Ocean
  • First Foreign Trade Zone to receive approval with an Alternative Site Framework
  • Freight rail services throughout the state
  • Well-connected roads, with I-95 in Northern Delaware, the most-travelled interstate in the U.S.

For more information about advanced manufacturing in Delaware, visit the Delaware Prosperity Partnership’s website.

About Delaware Prosperity Partnership
Created in 2017, Delaware Prosperity Partnership (DPP) is the nonprofit that leads the state of Delaware’s economic development efforts to attract, grow and retain businesses. DPP works with site selectors, commercial developers and business executives focused on where to locate or grow a business. The team helps with reviewing potential sites, cost-of-living analysis, quality-of-life information and funding opportunities, including available tax credits and incentives. For more information, visit www.choosedelaware.com.

Kurt Foreman

PRESIDENT & CEO

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Del Tech Breaks Ground on Automotive Center of Excellence

Del Tech breaks ground on Automotive Center of Excellence

12 SEPTEMBER, 2019 | DELAWARE STATE NEWS

GEORGETOWN — Delaware Technical Community College broke ground Thursday on a 13,500-square-foot Automotive Center of Excellence on the college’s Owens Campus in Georgetown.

This facility, along with the college’s new training center in Middletown, will house the first diesel mechanic training program in the region.

The ACOE will double the number of automotive technicians trained at Delaware Tech in Georgetown each year from 20 to 40 and will allow the College to train up to 15 diesel mechanics per year.

“The construction of this facility is in direct response to a dire workforce need for more diesel mechanics and auto technicians in our state and our region,” said Delaware Tech President Mark T. Brainard. “We are thankful for the generous support of our government and community partners, who are the reason we are able to break ground on this project today.”

The expected completion date for the ACOE is November 2020.
Delaware Tech received a $1.97 million grant from the U.S. Department of Commerce’s Economic Development Administration to support construction of the facility, along with $1.8 million from the state’s Higher Education Fund, and $120,000 from Sussex County Council.

This funding is in addition to generous support from many organizations and individuals in the state.

“For years we’ve heard that there are just not enough auto technicians in Delaware, which is why I’ve long supported the Economic Development Administration grant to help this Automotive Center for Excellence program get up and running, and I’ve waited a long time for this groundbreaking,” said U.S. Senator Tom Carper. “This center will give students on Delmarva a great-paying trade to learn, allow them to stay and raise a family in the area instead of moving away for work, and give our area dealerships and diesel operators the workforce they so desperately need. This is a win-win for Delaware’s economy now and in the future.”

The total cost to build the ACOE is $5.4 million. In addition to the government support noted, more than a dozen organizations and individuals have pledged donations that enabled Del Tech to secure the 35 percent match required by the EDA including the USDA Rural Development program and the Delaware Automobile and Truck Dealers’ Association.

Labor market data indicate more than 3,000 automotive technicians and more than 800 diesel mechanics are employed across Delmarva with average annual earnings of $39,874 and $44,595, respectively.

Over the next 10 years, the region is projected to have 3,278 openings for automotive technicians due to retirements, job turnover and a 7 percent growth rate.

An estimated 948 job openings are expected for diesel mechanics in the same period due to retirements, job turnover and a 17 percent growth rate.

This article was originally posted on the Delaware State News at: https://delawarestatenews.net/news/del-tech-breaks-ground-on-automotive-center-of-excellence/

Kurt Foreman

PRESIDENT & CEO

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Sussex County is Launching the Economic Gardening Initiative for Growth Companies

Sussex County is launching the Economic Gardening Initiative for growth companies

20 AUGUST, 2019 | TECHNICAL.LY DELAWARE

Sussex County has a new economic development program for growing businesses: the Economic Gardening Initiative, a program offering resources and capital to “second-stage companies.”

It’s not about growing vegetation, but local businesses. Economic gardening was developed by the National Center for Economic Gardening in 2001; this will be its first launch in Delaware.

Companies targeted in the county’s Economic Gardening Initiative will be those that have grown out of the “startup” level (also known as scaling or emerging growth companies) but are not yet mature companies. Generally these companies employ about 10 to 99 workers, with annual sales revenues of $1 million to $50 million.

Sussex County Council has authorized up to $25,000 for the initiative, with a maximum of $5,000 per second-stage business in the first year. Selected businesses will also be assigned a national strategic research team focusing on the areas of core strategies, market dynamics, innovation and qualified sales leads.

The program is “not a program established for companies that are in trouble or companies that need specific assistance, such as an inventory type of process,” Sussex County Economic Development Director Bill Pfaff said in a news release. “Rather, this is really for companies that are beyond the start-up phase and have the desire to grow to the next level.”

With the high-speed wireless broadband being built into Sussex County’s infrastructure, downstate businesses, from agriculture to IT, have a lot of growth potential over the next few years. A goal of the initiative is to bring money and jobs into the county. If your company is on track to do that, it may be worth applying.

There’s no online application — instead, you’ll have to call the Sussex County Economic Development Office at 302-855-7770. The application deadline is Aug. 26.

Kurt Foreman

PRESIDENT & CEO

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Gov. Carney Designates Four Cities as Downtown Development Districts

Gov. Carney designates four cities as Downtown Development Districts

20 AUGUST, 2019 | DELAWARE PUBLIC MEDIA

Gov. John Carney is designating New Castle City, Middletown, Clayton and Delaware City as Downtown Development Districts.

The selections mean property owners and developers can get up to 20 percent of their construction costs refunded back to them for eligible redevelopment projects.

State Rep. Jeff Speigleman represents parts of Middletown and Clayton. He said plenty of projects in the eight other development districts would not have gotten done without this program. He points to the House of Coffi in Dover as one example.

“Right around the corner from Legislative Hall, which has become a meeting place for legislators and lawyers,” he said. “One of those like neat little coffee shops that people love where a lot of us get business done, doesn’t happen without the DDD.”

Carney said the program is very successful and will help the economies of smaller cities and towns by leveraging state funding and private investment.

“It’s also a signal that the economic development efforts of the state are not just geared towards larger businesses and large corporations and big banks, which are an important part of our economy, but small businesses as well,” he said.

Former Gov. Jack Markell designated the eight current Downtown Development Districts, which include Dover, Seaford, Harrington, Georgetown and Wilmington.

Lawmakers approved $8.5 million for downtown redevelopment in this year’s budget. Delaware State Housing Authority Director Anas Ben Addi said the program has issued $31.6 million in rebates, leveraging $597 million in private investment.

This article was originally posted on the Delaware Public Media at: https://www.delawarepublic.org/post/gov-carney-designates-four-cities-downtown-development-districts

Kurt Foreman

PRESIDENT & CEO

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