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Delaware Business Times
DE222 Honoree: Bobby Pancake
Boards: Delaware Restaurant Association, Eggspectation North America, Franchise Business Services, Buffalo Wild Wings Franchise Advisory Council. Q&A: What was your first job? “A cook at Kentucky Fried Chicken.”. As CEO of High 5 Hospitality, which operates eight Buffalo Wild Wings restaurants and five Jersey Mike’s locations in Delaware and...
DE222 Honoree: Jim O’Donoghue
Q&A: What’s something interesting about you that ins’t on your resume? “I have never had a cup of coffee.”. Since 2015, Jim O’Donoghue has thrived as the owner and operator of Grain brand restaurants, which now include six locations across the state and over the Pennsylvania border. That first year that Grain Craft Bar + Kitchen opened in Newark, he and his team earned the title of Delaware Today’s Best New Restaurant. Alongside co-owner Lee Mikles, O’Donoghue has renovated spaces (like the one at the Cape May-Lewes Ferry terminal) and focused on expanding the business into Trolley Square and STAR Campus spots.
Chesapeake Utilities invests in Fla. transmission projects
DOVER – With a team of approximately 1,300 employees across a nine-state territory, Delaware-based Chesapeake Utilities Corporation continues to fuse its business together one expansion project at a time. The growing company recently announced new transmission projects in Florida, investing a combined capital investment of $46 million between three...
DE222 Honoree: Alisa Morkides
Alma Maters: Bucknell University, University of North Carolina, Chapel Hill. Alisa Morkides was working as a financial analyst when a vacation through the Tuscan countryside changed her life. She found herself sipping a quality cup of coffee in a beautiful space and wondering why she couldn’t do that at home. So in 1993, she set out to do that, opening the first Brew Haha! in Delaware. Now 30 years later, Morkides has built a local coffee empire and a devoted fan base with nine locations around northern Delaware. She also parlayed that success by founding Brandywine Coffee Roasters, which sells direct to consumers.
People on the Move: Aug. 9
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. Artisans’ Bank named Julia McDerby to senior vice president, chief human resources officer. In her position, McDerby is...
Capital One is one step further in Discover acquisition
WILMINGTON – A $35.3 billion transaction is on the horizon for two Delaware-incorporated entities as a merger begins to finalize. “It’s a pretty sizable bank deal by historical standards,” Capital One’s Executive Vice President and Head of External Affairs Andres Navarrete told the Delaware Business Times as he explained his company’s plan to acquire Discover Financial Services and Discover Bank. The plan was first announced in February.
New Wilmington birth center may be on the way
WILMINGTON — Birthing families in Delaware may have new options when a new birth center opens its doors in the heart of Wilmington. Shané Darby says her organization, Black Mothers in Power, has been working to improve disparities in perinatal care for Black families since 2019 and is now excited to expand their efforts. Black.
Marijuana commissioner to begin accepting applications Aug. 19
The Office of Marijuana Commissioner (OMC) will begin accepting online applications starting Monday, August 19, 2024, and closing on Monday, September 30, 2024. In total, only 125 licenses are available for cultivation, manufacturing, retail, and testing. Marijuana Cultivation Facility- 60 LT-1: Open Cultivation License: 20. LT-2: Social Equity Cultivation (≥2500...
$56M Kingswood Community Center project breaks ground
WILMINGTON – Many children living in the heart of Wilmington, like engineer Deonta Martin, grew up inside the walls of Kingswood Community Center and now he, and a host of other leaders, are helping the center soar to new heights. A groundbreaking ceremony was held on the site of...
Growth in Sussex drives construction industry
Sussex County is well-known as the fastest growing county in Delaware. For contractors, that means business is booming and constantly evolving. Between 2018 and 2022, the lower county has grown by an average rate of 2.68%, starting at 230,048 residents in 2018 and growing to 256,447 in 2022, according to data from the United States.
Delaware beach businesses see return to normal
REHOBOTH BEACH — After two years of blockbuster success, Delaware’s tourism-based businesses at the beach are starting to see demand wane. For some, like Grotto Pizza President Jeff Gosnear, slower may not be such a bad thing. “It’s all relative to what we’ve experienced in the past and maybe this is back to normal instead.
DE222 Honoree: Steve “Monty” Montgomery
Workplace: The Starboard Restaurant and Bethany Blues. Boards: Delaware Restaurant Association, County Bank, Dewey Business Partnership, Rehoboth Beach-Dewey Beach Chamber of Commerce. Q&A: Favorite thing about Delaware? “The size and how well most everyone in this state works together to help each other.”. When it comes to working your...
Ardent Process Technologies: Helping Heavy Industry Go Green
Heavy industrial sectors like cement, steel and chemical manufacturing account for between 14%and 25% of worldwide industrial CO2 emissions — and face pressure to decarbonize and meet net-zero goals. Current manufacturing processes in heavy industry are underserved by existing decarbonization technology options. Carbon capture, utilization and storage (CCUS) technologies will play an important role in enabling industry to meet sustainability goals, and separation (the carbon capture part) counts for more than half the overall cost of CCUS today. Reducing the cost of gas separation is therefore crucial to reduce the cost of CCUS and make it economically feasible at scale. That’s where Ardent comes in.
Omnipotential Energy Partners: Helping EV Owners ‘Fuel’ Their Cars
With the word “potential” in its name, OmniPotential Energy Partners is working to address the challenge many potential owners of electric vehicles face —specifically the ability to conveniently “fuel” one. Quick and easy public-access EV charging is still inconvenient, inaccessible and time-consuming.Home-based residential charging is...
Cellergy Pharma: Attacking Severe Allergies
Cellergy Pharma is working to cure severe allergic diseases, including two large, underserved severe allergic disease markets (uncontrollable severe allergic asthma and severe food allergy), by using novel cancer-fighting CAR T cells that target and eliminate the source of allergic disease, called immunoglobulin-E (IgE)-producing cells. The Wilmington-based company is re-engineering...
Incyte: Partnering to Fight Cancer
Two biotech powerhouses joined forces in January 2024, when Delaware-based Incyte teamed up with Agilent, a leader in the field of companion diagnostic assays to detect biomarkers of disease, to support the development and commercialization of Incyte’s hematology and oncology therapies. Incyte, founded in 2002, is a global drug...
A Dynamic Sector Keeps Getting Stronger
Delaware is known worldwide for innovation. Technological advances occur in each of Delaware’s key industries and span a variety of markets, including pharmaceuticals, industrial and agricultural chemicals, medical devices, computer services and more, according to the Delaware Prosperity Partnership. The state is especially well-regarded for its global leadership in...
Wilmington University Prepares Students for the Future of Space Exploration Gene Editing
Almost a decade ago, when Dr. Milton Muldrow first came to Wilmington University, there were no science programs avail-able for undergraduate or graduate students. But today, students are engaging in cutting-edge research and obtaining degrees in a wide range of majors from biotech to environmental science and policy — majors which in turn feed into Delaware’s most innovative and fastest-growing sectors.
Delaware State University Works with Partners to Increase Diversity in STEM
Expanding opportunities for students is a key goal at Delaware State University (DSU), Delaware’s Historically Black College or University (HBCU). It’s a goal that goes hand in hand with building diversity in STEM professions such as engineering and aviation. Partnerships with local, national and international corporations and organizations...
UD, Delaware Tech Program Trains Future Offshore Wind Workforce
As America explores clean energy options to secure the country’s climate future, offshore wind farms are a key part of the conversation all along the East Coast. These offshore energy projects— and their onshore assembly and maintenance facilities — will require a stream of skilled workers, and a new initiative is underway here in Delaware to ensure the First State is at the fore-front of supplying that workforce.
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