Choosedelaware.com - Delaware Prosperity Partnership Company News Section
Delaware Prosperity Partnership Information
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1007 N. Orange Street, Suite 731
Phone: 302-477-7497
URL: https://choosedelaware.com
Delaware Prosperity Partnership leads the state of Delaware%u2019s economic development efforts to attract, grow and support businesses. We work with site selectors, commercial developers, business executives responsible for making a decision about where to move or grow a business. Our trusted and expert team works discreetly to support everything from reviewing potential sites that align with your specs to explore funding opportunities including tax credits and incentives%u037E we can answer your talent and workforce development questions and fill in the blanks on cost of living and quality of life questions as well. And, we will connect you with the key decision makers you need to know.
For many Americans, no backyard barbecue or holiday celebration is complete without a stack of red Solo cups. Now Dart Container, the manufacturer of this popular product, will have a presence in Delaware’s own backyard.
For Linda Parkowski, executive director of the Kent Economic Partnership, casting a wide net is starting to pay dividends. She’s been on the hunt for job creators that want to locate in Kent County since assuming the leadership role at the county’s economic development department back in 2018.
In collaboration with Delaware Prosperity Partnership, Barclays US Consumer Bank today announced plans to create more than 300 new customer service jobs at its Wilmington headquarters during a meeting of the Council on Development Finance (CDF).
Delaware has no shortage of credit card brands, thanks to the Financial Center Development Act. The bipartisan legislation, which Gov. Pete du Pont signed in 1981, attracted some of the world’s largest banks to the state. But in the nearly 40 years since the act’s passing, there has been nothing quite like Ollo.
ILC Dover, one of Delaware’s most iconic manufactures, has once again used its formidable material science expertise to fill a desperate need in the nation.
The State of Delaware has announced the successful refunding of $33 million of debt at a record low Total Interest Cost of 0.79%. The transaction will save the State $5.2 million in debt service on a net present value basis over the next decade and is structured to further help the State address the Fiscal Year 2021 budget challenges brought on by the COVID-19 emergency.
More than 20 years later, Delaware Biotechnology Institute (DBI) has exceeded expectations. Currently housed in 72,000 square feet at Delaware Technology Park, DBI will manage the new 220,000-square-foot Ammon Pinizzotto Biopharmaceutical Innovation Building on the University’s STAR (Science, Technology and Advanced Research) Campus.
When businesses across the country started shuttering in response to COVID-19, Nick Griseto was worried. As president of James Thompson & Company Inc. – a Delaware textile mill in Greenwood – Griseto has almost 45 employees working at their 125,000 square-foot facility.
When it comes to air conditioning in the workplace, many people focus on the temperature and the bottom line. But for many industries, humidity and air quality control are just as important as comfort and cost. Enter AirGreen’s liquid desiccant cooling system, which covers all the bases.
A statewide COVID-19 business survey administered three times so far by Delaware Prosperity Partnership (DPP) and its economic development partners is informing Delaware’s responses to the pandemic and its plan for a full recovery.
Market disruption can often lead to new ways of doing things. Delaware’s highly regarded chefs and restaurant owners wasted no time pivoting when COVID-19 restrictions went into place in mid-March.
The entire business landscape has been disrupted by the COVID-19 pandemic, and small business owners – who are the backbone of business in America – are among the hardest hit by the crisis.
JustFoodForDogs (JFFD), maker of the number-one veterinarian-recommended fresh food for pets, has opened a 21,000-square-foot master kitchen that will serve as the core of its East Coast supply chain in New Castle, Delaware.
Kris Vaddi, Ph.D., is not a native Delawarean, but in many respects, his exceptional career was born here. Vaddi is the founder and CEO of Prelude Therapeutics, an early stage biopharmaceutical company. Previously, he was the vice president of Incyte Corporation. Both are based in Wilmington, Delaware.
At 5,000 feet in the air, Patrick Callahan’s plane pitched into a spiral. Suddenly, Callahan lost his sense of direction. Everything was a blur. “I don’t know where I am,” the CompassRed founder told his flying instructor. The pilot, who was teaching Callahan about spin recovery, remained calm. Find the red section on his compass, and all would be well.
Delaware is a microcosm of global trends in the chemical industry, said Kurt Foreman, president and CEO of the Delaware Prosperity Partnership (DPP), which leads the state’s economic development efforts.
Farmers of Salem, a regional mutual insurance company founded in Salem County, N.J., in 1851, is relocating to Wilmington in 2021 and bringing 52 jobs to the city.
The Delaware Prosperity Partnership (DPP), the state economic development organization, and the North East Local Enterprise Partnership (LEP), a public, private and education sector partnership in North East England, UK, have signed a cooperative agreement to support joint business development.
Delaware Prosperity Partnership President, Kurt Foreman shared the findings from Delaware in a Fintech Future at Factory Berlin, one of the world’s most unique international coworking spaces, with more than 3,000 members from over 70 nations.
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