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Delaware Business Times
Expert: Biopharma companies accelerates with AI, competition
NEWARK — While the biopharmaceutical industry has historically been a treadmill — or a continuous cycle of innovation and capital — pharma companies are looking into new strategies while contending with growing emphasis on technology, lower prices and a highly competitive market. Olivier Leclerc, a senior partner...
DE222 Honoree: Carmen Facciolo
Boards: Commercial-Industrial Realty Council, Mary Campbell Center. Carmen Facciolo joined Emory Hill as partner in 1983, just two years after the full-service firm was founded. In 1997, the firm aligned with the NAI Global network, and today NAI Emory Hill offers everything from development and to construction management and design-build services to management, maintenance and brokerage services. The firm has executed more than $1 billion in deals over its 40-year history, and developed projects like Little Falls Centre, White Clay Center and Christiana Meadows. Facciolo has leaned on prior experience with Jackson Cross Company and Facciolo Construction to help advance the firm’s goals.
Delaware DNA conference talks workforce ecosystem, innovation
NEWARK — The second annual Delaware DNA conference hosted by the Delaware BioScience Association drew around 320 people seeking to gain perspective on the successes and challenges in the state’s pharmaceutical industry. The conference on May 9 at the University of Delaware’s Clayton Hall featured top leaders from...
Artesian invests in infrastructure for PFAS testing
NEWARK — Artesian Resources, the water and wastewater company, is planning to install treatment systems to meet new federal guidelines to detect so-called “forever chemicals” in drinking water. The company plans to upgrade the treatment equipment that detects per- and polyfluoroalkyl (PFAS) chemicals at three of its...
DE222 Honoree: Wills Elliman
When it comes to Delaware’s office market, there are few as well connected as Newmark Senior Managing Director Wills Elliman. He joined the major brokerage’s Wilmington offi ce in 2001 and for more than two decades has represented Fortune 500 corporations, law firms, and institutional landlords, including deals with ING Direct, CSC, Solenis, SevOne and Richards, Layton & Finger. Elliman worked on the $83 million sale of Barclays U.S. Consumer Bank’s headquarters in Wilmington, which was one of the most expensive office sales in recent memory for Delaware.
DE222 Honoree: J. Gregory “Greg” Ellis
Q&A: What was your job? “I was an attendant at the tennis courts for South Bethany Beach.”. Before joining Patterson-Woods Commercial Properties in 2005, Greg Ellis served as the Corporate Real Estate Department manager for MBNA Bank America. He brought that experience in negotiating major commercial leases to Patterson-Woods, where he has successfully negotiated and closed sales and leases worth more than $138 million involving office buildings, warehouses, shopping centers, hotels, and land. As managing principal today, Ellis oversees the work of more than a dozen brokers at Patterson-Woods. Outside of the office, he continues to make an impact as chair of The Committee of 100.
DE222 Honoree: Larry DiSabatino
Q&A: What’s something interesting about you that isn’t on your resume? “I’m involved in Angel Investing in Africa growth-oriented small and medium enterprises to help build a vibrant business sector and to help build a vibrant business sector and to help provide opportunities for people there. The motto of the group is to ‘do well while doing good.'”
Wilmington Ladybug preps for new show, next stage
WILMINGTON — Gable Music Ventures is primed and ready to launch Old Ellicott City’s inaugural Ladybug Music Festival this summer, but the first concert of the season will take flight in Wilmington at the end of May. The one-day music festival is set for May 31 for the...
People on the Move: May 10
People on the Move is a rundown of recent hirings, promotions, appointments and other notable movements by professionals in the state. If you’re interested in submitting an entry, please contact news@delawarebusinesstimes.com. Potter Anderson & Corroon LLP, a Delaware-based law firm, announced Nicole K. Pedi has joined the firm as...
WilmU, DOL partner for new workforce training program
DOVER — Apprentices progressing toward a career in select trades in Delaware will soon have the opportunity to earn up to 42 college credits for their hard work. The STEP Path, or Smart Transfer Enrollment Program for the Vocational Workforce, is a new collaboration between Delaware’s Department of Labor (DOL) and Wilmington University (WilmU) aimed at addressing the need to offer more educational opportunities to Delawareans.
DE222 Honoree: Brian DiSabatino
Boards: Delaware Business Roundtable, The Grand Opera House, Philadelphia Zoo, Neumann University, Irish American University. Q&A: What was your first job? “Cleaning out horse stalls at Brandywine Race Track.”. Since joining EDiS Company in 1987 as a fourth-generation owner, Brian DiSabatino has been a leader in the construction of...
Coast Rehoboth hotel receives conversion award by Hilton
REHOBOTH BEACH – Coast Rehoboth Beach by Hilton has been named the Conversion Development of the Year, a Hilton Americas Development Award for Tapestry Collection properties. The Hilton Americas Development Awards recognize the achievements of owners, development partners, and hotel teams in the Americas across several categories. “It is...
JPMorgan Chase opens first Kent branch, plans future
DOVER — With a snip of a ribbon, JPMorgan Chase & Co. has finished the first phase of its Delaware expansion by formally opening its first Chase Bank in Kent County this week. Now, the financial institution is primed for the next chapter. JPMorgan plans on opening another 40...
Versorgen to see federal funds for hydrogen research
NEWARK — Versogen, a startup firm that is making strides in the production of clean hydrogen, is slated to receive a portion of $4.7 million as part of a regional effort to tap into a carbon-free fuel source. The spin-off company was named as one of four Delaware institutions...
In the C-Suite: Michelle Harris, SBA Delaware Director
WILMINGTON — Michelle Harris likes to keep people at the forefront of her work. In fact, with small businesses employing roughly 227,000 jobs in Delaware, she’s focused on lending as much help as she can as the head of the U.S. Small Business Administration office for the state.
Delaware, Enstructure partner on port’s future
WILMINGTON — Delaware is now doubling down its future in trade by establishing a public-private partnership to oversee $635 million in infrastructure improvements at the Port of Wilmington while also developing a new container port in Edgemoor. Port Delaware, the public-private entity that will oversee the existing Port of...
DE222 Honoree: Peggy Del Fabbro
Boards: Women’s Business Enterprise National Council (WBENC), International Society of Pharmaceutical Engineering, Delaware Valley Chapter, The Brandywine Valley SPCA Advisory Board. Q&A: What was your first job? “In my teen years I worked at M. Davis & Sons helping with administrative work and bookkeeping. After college, I worked for...
Sitework begins at Middletown’s Bayberry Town Center
MIDDLETOWN — Developers for a new 280,000 square-foot community hub in Middletown, which will include a Weis grocery store, have started site development activity, according to the Blenheim Group. Bayberry Town Center, located in the newly developed Village of Bayberry to the north of Middletown along both sides of...
VIEWPOINT: HB350 will Hurt Sussex County Just as Much as Beebe Healthcare
When I came to Sussex County to be the President & CEO of Beebe Healthcare, it was to serve and care for a growing region where I could make a difference by being a local leader of a nonprofit health system – deeply involved in the community. I am...
Support Your Company’s Training Needs Through DSB’s Workforce Training Grant
Maintaining a well-trained workforce, especially in today’s competitive economy, is essential for small businesses to thrive and grow. But training can be costly, and as a result, particularly for smaller employers, a larger investment than the owner can handle. The Delaware Division of Small Business (DSB) has a grant...
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