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Delaware Business Times
Electric school buses to debut in Delaware this year
NEW CASTLE – For the first time ever, electric school buses will be on the road this summer for two Delaware public school districts. The Colonial School District plans to introduce three electric school buses and one propane-powered bus in July. The district will begin installing the electric vehicle, or EV, charging infrastructure at the end of the 2023-2024 school year for the buses.
Lt. Govenor announces educational awards for Black students
WILMINGTON — Lt. Governor Bethany Hall-Long announced a new educational awards program to support Delaware students from minority communities on April 10. STAR-Delaware Merit is a statewide essay-based merit awards initiative coordinated by Lt. Governor Hall-Long’s Office and participating public school districts. A study by the Black Education...
Delaware Goodwill breaks into manufacturing in new initiative
WILMINGTON — Not everything donated to a local Goodwill can be sold in one of its stores. Chipped vases, games with mismatched pieces and broken toys that can’t be reused often get thrown out, making room for other items on store shelves. But when the Goodwill of Delaware...
Lt. Gov. Hall-Long files for governor’s race
WILMINGTON — Lt. Gov. Bethany Hall-Long has formalized her run for the governor’s mansion, filing paperwork for the 2024 election on Monday. Hall-Long has been campaigning since September. Her announcement solidifies the three-way primary race for Delaware Democrats. The lieutenant governor’s filing comes week after New Castle County Executive Matt Meyer and Collin O’Mara, a former Delaware Secretary of Natural Resources and Environmental Control.
VIEWPOINT: New intrusive state bureaucracy is not the answer to rising healthcare costs
A contentious bill that would require Delaware hospitals to get state approval for their spending is sparking concern about the future of healthcare in The First State. Sponsored by House Speaker Valerie Longhurst (D-Bear, St. Georges), House Substitute 1 for House Bill 350 seeks to create the Diamond State Hospital Cost Review Board. All hospitals in the state would have to submit their annual budgets to the five-member board, which would have the authority to approve them, negotiate modifications or, failing that, impose their own spending plans.
i.g. Burton expands with Dover Toyota dealership
DOVER — The i.g. Burton Auto Group continues to expand its operations by acquiring C.F. Schwartz Toyota on U.S. Route 13 last month, making it the second addition to the growing automotive group in seven months. The Toyota dealership was bought by i.g. Burton Auto Group on March 12...
INVISTA to explore vacating Nylon Capital of the World
SEAFORD — Twenty years after Koch Industries, Inc. acquired the Seaford Invista facility from DuPont for $4.4 billion, the nylon polymer manufacturer released a statement expressing its “intent to explore strategic alternatives for its nylon fibers business.”. Invista, which kept its name after the previous sale, recently announced...
Popularity of Self-Funding Health Insurance Continues to Rise
The concept of pooling risk among like-minded businesses, outside of the traditional insurance marketplace, has been around for decades. By pooling healthcare risks, employers achieve greater stability and predictability in healthcare costs. Which, in turn, allows them to continue offering a robust benefit package to attract and retain employees. Self-funding...
Former UD President Roselle dies at 84
NEWARK — David Roselle, the former University of Delaware president who guided the state’s largest college through a great transformation over the course of 17 years, died on Monday. He was 84 years old. Roselle died after a brief illness, according to an obituary provided by the family....
Del. Memorial Bridge to be fortified with barriers
NEW CASTLE — Long before the Francis Scott Key Bridge in Baltimore collapsed, the Delaware River and Bay Authority (DRBA) started work on a project that could prevent a cargo ship from colliding into Delaware Memorial Bridge. Last July, R.E. Pierson Construction Company contractors started work on a $95...
DSU inks aviation partnership with Delta company
DOVER —Delaware State University is soaring to new heights as its students prepare for careers in the aviation industry with the help of Endeavor Air. The Historically Black University recently announced the partnership with the Delta Air Lines subsidiary, affording students the opportunity to take advantage of Endeavor Air’s Students to Endeavor Pilots (STEP) Program which could offer them a first-row seat to careers after college.
Del. lawmakers seek to expand sports betting apps
DOVER — With an exceptionally strong showing for mobile sports betting in the first three months, Delaware legislators are looking to draw more online sports betting companies to do business in the First State. House Bill 365, sponsored by Rep. Frank Cooke (D-South Wilmington) and Rep. Bill Bush (D-Dover)...
DE222 Honoree: Katherine Wilkinson
Title: Senior Vice President, Commercial Market Executive. Boards: ChristianaCare, Delaware College Scholars, Delaware State Chamber of Commerce Board of Governors. Q&A: What’s something interesting about you that isn’t on your resume? “My favorite place in the world is Maine.”. As commercial market executive for the Delaware and...
DE222 Honoree: Joe Westcott
Title: Delaware Market President & Vice President of Operations. Boards: The Grand Opera House, West End Neighborhood House, Cornerstone West, Wilmington Alliance, Transportation Infrastructure Improvement Fund. Q&A: What was your first job? “Picked strawberries at a local farm and delivered newspapers.”. As the leader of credit giant Capital One...
DE222 Honoree: Donna Vieira
Title: Executive Vice President & Chief Commercial Officer. Alma Maters: Pace University, Mount Allison University. Boards: Delaware Plans Management Board, Choice Hotels Board of Directors. Q&A: Best advice for your younger self? “Be bold and excellent in all that you do.”. As executive vice president and chief commercial officer...
Marijuana commissioner preps for new era of Delaware cannabis
DOVER – The new era of Delaware cannabis is on the horizon and Rob Coupe, the state’s first Marijuana Commissioner says he’s ready for the challenge. The Delaware Marijuana Commissioner began his post late last year as the First State started formally grappling with the challenge of regulating the incoming industry through his new office. Gov. John Carney appointed the former Delaware State Trooper to the post last summer, tasked with organizing the First State’s roll out of regulations and licenses to grow and sell cannabis.
A year later, Blunt Rochester presses on with Jobs Agenda
WASHINGTON D.C. — It’s been a year since Rep. Lisa Blunt Rochester (D-Del.) has unveiled her jobs and workforce development agenda. While there hasn’t been as many wins as she would like, she’s still bullish on its future and counts the steps along the way as central to the path ahead.
DE222 Honoree: Chip Rossi
Boards: Delaware State University, ChristianaCare Health Services, The Grand Opera House, Habitat for Humanity. As president of Bank of America Delaware, Chip Rossi continues to oversee more than 6,000 state workers in its banking and investment teams across numerous sites. Bank of America became a major player in Delaware following the acquisition of the former MBNA Bank, where Rossi once worked too. Outside of the bank, Rossi is among the most visible chief executives in the state, working with nonprofit, education and elected leaders to advance efforts to reach underserved populations.
Bill targets beverage container rings, single-use plastics ban
DOVER – The single-use plastics ban is continuing momentum in Delaware with another bill that seeks to ban the sale of beverages packaged in rings or other plastics connectors. Senate Bill 263, introduced on Apr. 11 by Sen. Trey Paradee will limit the use of beverage container rings, plastic...
Prelude Therapeutics finance officer departs
WILMINGTON — Prelude Therapeutics Chief Financial Officer Laurent Chardonnet has stepped down from the post and the life sciences company will now be on the search for his successor. Chardonnet had stepped down from the position on April 8, but he will continue to consult for Prelude until October...
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