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Delaware Business Times
New flavors add culinary Twist to Milford
MILFORD – Dhrupal Patel is adding a Twist to restaurant options in Milford – The Twist Indian Grill, in fact. The Twist Indian Grill officially opened in the twin-county city in mid-June, bringing with it a unique mix of Indian and Mexican foods in a fast-food setting. Founded...
EDITORIAL: Mr. Musk, the shareholders and the Delaware court question
So ends one high-profile national matter that gripped Wilmington — the Hunter Biden trial — and so begins a new one. Elon Musk, the celebrity CEO of electric car company Tesla, space rocket company SpaceX and, as of 2022, the owner of social media site X (formerly known as Twitter) is back and he’s bringing Delaware in the spotlight once more.
Big Fish signs deal with Baltimore restaurant group Atlas
WILMINGTON — Big Fish Restaurant Group has signed a new partnership with Baltimore restaurant juggernaut Atlas Restaurant Group, opening the door for the Delaware company to expand into existing markets. Atlas Group bought stakes into Big Fish, although Big Fish representatives declined to clarify what percentage ownership level was...
People on the Move: June 14
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. WSFS Financial Corporation, the parent company of Bryn Mawr Capital Management, named Jasmine Yu the senior vice president...
Wilmington port warehouse sold for $4.5M
WILMINGTON — A small warehouse near the Port of Wilmington was recently sold to a New York investment firm for $4.5 million. Catalyst Investment Partners bought the warehouse at 350 Pigeon Point Road on May 6. The warehouse is 11,409 square feet and sits among a collection of warehouses on roads just a short drive from the gateway to the Port of Wilmington.
ChristianaCare receives $1M donation from Rocco A. and Mary Abessinio Foundation
WILMINGTON – The ChristianaCare Wilmington Campus has received a $1 million donation from the Rocco A. and Mary Abessinio Foundation to expand patient care. “All families and communities deserve the excellent care that Wilmington Hospital and ChristianaCare provide,” Rocco and Mary Abessinio said. “It is an honor for our family to support the health and wellbeing of the Wilmington community.”
VIEWPOINT: Delaware Needs an Office of the Inspector General
The litany of fraud, waste, abuse, and mismanagement seemingly never ends in the First State!. With the embezzlement of $181,000 from the Unemployment Insurance Trust Fund in 2023, to the lack of fully reporting the embezzlement to the public by the Department of Finance, the Department of Labor, and the Office of the Auditor of Accounts more than a year later, and to the current lawsuit over the alleged harassment of and retaliation against a Department of Insurance employee, it could not be more clear that Delaware needs an Office of the Inspector General (OIG).
DE222 Honoree: Elizabeth Keller
Title: Executive Director & Chief Scientific Officer. Boards: Leadership Delaware Alumni Engagement Committee; Dover Young Leaders Working Group; Easterseals Volleyball Tournament Committee. Q&A: Best Advice for your younger self? “I would tell my younger self that every step you’re taking and every decision you’re making are leading you to an...
DE222 Honoree: Stephanie Johnnie
Alma Maters: University of Delaware, Wilmington University. Q&A: Favorite thing about Delaware? “It’s truly a ‘small wonder’ with great accessibility – to major cities, beaches, farms, shopping, etc. It’s a wonderful place to raise a family. Also the tax-free shopping is a plus.”. Founded...
Gubernatorial race sparks headquarter leases
WILMINGTON – Delaware gubernatorial candidates are gearing up for an exciting election season by signing leases or opening campaign offices across the state. New Castle County Executive Matt Meyer (D) cut the ribbon on his headquarters in the heart of Wilmington last week. The Meyer campaign signed a short-term lease for office space on the second floor of the Nemours Building at 1007 Orange St. The building is currently under renovations as part of the Buccini/Pollin Group’s $150 million project to rebrand it as Market West with retail, apartments and office space.
Mountaire grants $80,000 in scholarships to employees’ children
MILLSBORO – Mountaire Farms announced that 32 students from North Carolina and Delmarva, who are children and grandchildren of employees, growers, and grain producers, will each receive a $2,500 college scholarship. “We are proud of this program because it embraces everything that we care about – our employees, our...
BPG considers locations for Constitutional Yards
WILMINGTON — The Buccini/Pollin Group is aiming to relocate popular brewery Constitutional Yards next to the Homewood Suites next year, hoping to add more apartments to the riverfront. BPG Founder Rob Buccini told the Delaware Business Times that the final decision to move the 30,000 square-foot beer garden would...
DE222 Honoree: Rob Herrera
In 2016, Rob Herrera fought for a vision of a Delaware-focused co-working space and with backing from the Buccini/Pollin Group, he was able to open The Mill. The first concept was 11,000 square feet in the Nemours Building in downtown Wilmington, and a year later, Th e Mill has occupied the entire floor and welcomed notable start-ups like Ally Financial and nonprofits like Zip Code Wilmington. In the years since, The Mill has added a second location in the Baynard building in the Wilmington suburbs, and Herrera is planning its fi rst Sussex County location in Seaford as part of a reimagined Nylon Capital Shopping Center.
Bill seeks to change Delaware corporate law, critics say
DOVER — A bill that would amend Delaware’s corporate code to dramatically change how boards of directors oversee companies as fiduciaries in the nation’s incorporation epicenter is now working its way through the state legislature. Changes to the Delaware General Corporation Law typically go through the General...
Young suspends congressional bid
WILMINGTON — Wilmington native Eugene Young, Jr. is no longer in the race for the First State’s only congressional seat despite endorsement from Governor John Carney. “This decision comes after careful consideration and deep reflection,” the Delaware State Housing Authority’s former director announced on Wednesday. Rep....
Pete du Pont Freedom Foundation opens cohort applications for small businesses
MONTCHANIN – The Pete du Pont Freedom Foundation (PDFF) announced applications are open for the next Equitable Entrepreneurial Ecosystem (E3) cohort to support small businesses across Delaware. The E3 cohort will offer assistance, valued at $6,000, for up to 20 selected businesses statewide, with the goal of enhancing operations...
Clean Slate policies can revitalize Delaware’s workforce
Labor shortage crises are impacting employers nationwide, and Delaware is not immune to the challenges. Currently, Delaware ranks 40th in labor force participation with only 63 available workers for every 100 open jobs. As our state continues to undergo rapid population growth, employers are finding it increasingly challenging to fill essential positions, paving the way for long-term implications like decreased economic productivity, higher costs, and a decline in standards of living. We need innovative solutions that address the workforce gap now.
Story Hill Farm buys sea salt brand for growth
FRANKFORD — Story Hill Farm recently announced an acquisition of oceanic possibilities: Henlopen Sea Salt. The artisan sea salt company launched in 2015 and was bought by the Frankford-based farm earlier this summer. Story Hill Farm has 70 acres filled with wildflowers and other pollinator-attracting flowers, as well as a herd of cattle, other livestock and agritourism offerings.
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