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Delaware Business Times
People on the Move: Dec. 22
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. Bayhealth Medical Group named Eileen Giaimo senior director of physician services and Dorothy Boresky, DNP, MBA, RN, NE-BC,...
Carney opens negotiations for U.S. Wind transmission lines
BETHANY BEACH — As Delaware continues to weigh what its role should be in the offshore wind industry, Gov. John Carney has directed state officials to negotiate with U.S. Wind on bringing its transmission lines to the First State. Carney signed a non-binding term sheet on Dec. 19 with...
VIEWPOINT: An end-of-year strategy to benefit your community, taxes
As we approach the end of the calendar year, last-minute giving can be a great opportunity to make a difference in your community while maximizing 2023 tax deductions. Donor-advised funds (DAFs) make it possible to take advantage of tax benefits without having to rush charitable giving decisions. A DAF is...
Reybold diversifies portfolio with Pencader project
GLASGOW – A new mixed-use commercial plaza fronting the Pencader Corporate Center along Route 896 is the latest example of the longtime development firm Reybold Group’s drive to diversify a large residential portfolio. Led by CEO Jerome “Jerry” Heisler Jr., Reybold is well-known for projects like Columbia Place,...
ChristianaCare to launch first ultrasound tremor treatment in state
NEWARK — ChristianaCare is seeking to launch a $2.2 million ultrasound therapy that would create new avenues to treat patients with tremors from Parkinson’s disease. Plans filed with the state Health Resources Board show that ChristianaCare plans on buying MR-guided ultrasound equipment and complete slight renovations to its existing MRI room at its Newark campus.
Versogen reaches membrane production milestone
NEWARK – Versogen, a startup firm that is working on a groundbreaking membrane used in the production of clean hydrogen, recently achieved a significant production milestone. The firm, which grew out of research by University of Delaware professor Yushan Yan and today is based at leased labs at the...
DBT unveils inaugural Delaware 222 list
There is a long-running joke in the First State that the supposed six degrees of separation are more like two or three degrees here. Simply by naming your high school, community pool or local youth sports league, there is a good chance that you’ve encountered, or know someone who’s encountered, just about anyone in Delaware.
Delaware brewers challenged to stand out in ‘24
NEWARK — Delaware’s craft brewery business, much like the industry on whole, saw the tap slow down this year. With significant headwinds, craft brewers in a small state are going to have to rethink their strategies to bring people to the bar stool. The Brewers Association, a trade group for small and independent American brewers,
Delaware pitches hydrogen future at MACH2 summit
WILMINGTON – Hundreds of public officials and industry leaders gathered Monday morning to highlight the strengths of Delaware’s existing infrastructure in the future production of clean hydrogen as it prepares to take advantage of a $750 million federal grant to the region. As part of the Mid-Atlantic Clean Hydrogen Hub (MACH2), Delaware stakeholders will have.
Panel sets Delaware FY25 budget limit at $6.4B
WILMINGTON – In one of the most important meetings of the state’s fiscal year, an independent panel of analysts set Delaware’s budget limit Monday at just over $6.4 billion for next fiscal year, a roughly 3.3% decrease over the current fiscal year’s total approved appropriations. That is the sum that Gov. John Carney will have.
VIEWPOINT: The Kissinger treatment
Henry Kissinger passed away Nov. 29 at age 100, a singular, domineering figure in the conduct of our country’s foreign policy. Controversial and polarizing, Kissinger was celebrated and highly regarded yet he inhabited a kind of political no-man’s land, simultaneously distrusted and often reviled by both left and right.
People on the Move: Dec. 15
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. Beebe Healthcare Center for Breast Health has been re-accredited from the National Accreditation Program for Breast Centers (NAPBC).
DSU to study higher education barriers with Sallie Mae gift
DOVER — Delaware State University raised $3 million for scholarships at its annual scholarship ball last week, including a $1 million grant from leading private student loan lender Sallie Mae to fund a research fellowship to study barriers to completing a college degree. The Persistence and Completion Pilot Program...
Wilmington DoubleTree hotel bidding tops $8M
WILMINGTON – The DoubleTree by Hilton Hotel Downtown, one of the largest hotels in center city Wilmington, is likely heading toward a sale after bidding in an online auction exceeded the reserve price. The 217-room hotel on North King Street is adjacent to the three principal courthouses for chancery, state, federal and bankruptcy courts, which.
Unionized Delaware cleaners secure new contract
WILMINGTON – About 600 unionized cleaners in northern Delaware recently secured a new four-year contract that guarantees pay increases and protects them against displacements from building conversions. Negotiated by the Service Employees International Union (SEIU) Local 32BJ, the largest property service workers union in the country with 175,000 members...
Blue Hen Disposal looks to Garrison Oak
DOVER — Garrison Oak Business and Technology Park continues to rise, as a local waste disposal company has planned a small operations hub in Dover’s premiere industrial park. Blue Hen Disposal, a 50-year old solid waste company with operations throughout the state and some parts of Maryland’s Eastern...
Automating the Work. Transforming the Service.
Taking DHIN’s Service Desk Function from Cost Center to Revenue Generator. As a healthcare data services company, Delaware Health Information Network (DHIN) spans two industries – healthcare and information technology. With a mission to make data useful, DHIN routinely employs the artificial intelligence capabilities of information technology, such as automation and machine learning, while keeping the relationship-centered personal touch that’s at the heart of healthcare.
Prelude Therapeutics raises $25M in share sale
WILMINGTON – Prelude Therapeutics, one of Delaware’s burgeoning life science successes that is developing novel cancer treatments, closed a $25 million share sale that will help extend its funding runway. The private share sale negotiated between Wilmington-based Prelude and the New York hedge fund firm Baker Brothers Advisors...
BPG gets $1M site prep grant for I-495 warehouse
WILMINGTON – Buccini/Pollin Group (BPG), a leading commercial real estate development in Delaware, may be best known for its apartment and office buildings, but it will soon venture into new territory with the development of an industrial site in the South Market Street corridor. The firm plans to continue its redevelopment of that stretch of.
DPP seeks to raise Site Readiness Grant Fund limits
BEAR – Two years after the launch of the Site Readiness Fund to support the development of speculative commercial projects around the state, Delaware’s public-private economic development organization wants to raise the limit on that aid. In 2021, Gov. John Carney’s administration pushed the state legislature to create a fund for grants, loans or other.
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