Fortescue subsidiary chooses Delaware for expansion that will bring new hydrogen economy jobs to Kent County

Staff WriterBusiness, RSS-Business

FFI Ionix Inc., a wholly owned subsidiary of Fortescue, a global green technology, energy and metals company, has chosen Dover, Delaware, to base its operations to support global decarbonization and establishment of the hydrogen economy. FFI Ionix, which focuses on hydrogen technologies, will relocate from its approximately 15,000-square-foot site in Harrington to 60 Starlifter Avenue within the city limits of …

Compact Membrane Systems chooses New Castle, Delaware, for $3.1M expansion to help meet market demands

Staff WriterBusiness, RSS-Business

Compact Membrane Systems Inc. (CMS), a 30-year-old Delaware company whose advanced membrane systems address the challenge of decarbonizing heavy industry, has chosen New Castle, Delaware, for a $3.1 million facility and workforce expansion that will help address massive market demand. CMS formerly operated completely out of a location on Water Street in Newport. The company recently moved much of its …

Delaware’s fourth annual Startup302 funding contest accepting applications through January 29

Staff WriterBusiness, RSS-Business

Applications for Delaware’s fourth annual Startup302 funding competition are being accepted now through January 29 from technology-enabled startups with high-growth potential and at least one founding team member from an underrepresented group. Prizes include cash grants from a prize pool of $130,000 along with mentorship opportunities and connections with potential investors and key influencers. Coordinated by Delaware Prosperity Partnership and …

Forbes Fintech 50 firm Novo chooses Delaware as expansion site

Staff WriterBusiness, RSS-Business

Novo, the powerfully simple financial solutions platform for small businesses that is a two-time member of the Forbes Fintech 50, has chosen to expand in Wilmington, Delaware. Novo has built a platform for small businesses that combines a checking account with an ecosystem of financial applications — helping small businesses access their revenue faster, save time on business-critical tasks and …

Delaware’s first-ever Modernization Investment Support Initiative grantwill help High-Tech Machine Company remain competitive

Staff WriterBusiness, RSS-Business

A 32-year-old precision machine company in Wilmington has received the first grant from a pilot program aimed at helping Delaware businesses evolve and remain competitive within their industries. High-Tech Machine Company Inc. was approved for up to $219,525 in funding from the Modernization Investment Support Initiative (MISI), which was created earlier this year. The MISI grant will help High-Tech Machine …

Evernorth Health Services to Expand Operations in Delaware with New 200,000-Square-Foot Specialty Pharmacy and Distribution Facility

Staff WriterBusiness, RSS-Business

Evernorth Health Services, The Cigna Group’s health services business, has chosen Newark, Delaware, as the location of a new approximately 200,000-square-foot specialty pharmacy and distribution facility. Within the facility, Accredo, Evernorth’s specialty pharmacy, will dispense lifesaving medications to patients across the Northeast. Additionally, Evernorth intends for its specialty pharmaceutical distributor, CuraScript SD, to operate from the facility alongside Accredo and …

supply chain

Delaware supply chain company to expand at Newark home

Betsy PriceBusiness, Headlines

A Newark supply chain management company will use a state grant of $155,970 to build a warehouse and fulfillment center next the headquarters of the company that spun it off. EtailFlow LLC, a supply chain management company designed to efficiently distribute electronic goods, grew out of Delaware-based ecommerce leader PCOnline earlier this year. Its new facility will be next to …

PCOnline chooses Newark, Delaware, for location of strategic spinoff for supply chain management

Staff WriterBusiness, RSS-Business

EtailFlow LLC, a supply chain management company created as a strategic spinoff from Delaware-based national ecommerce leader PCOnline earlier this year, will grow its operations alongside its parent company in Newark, Delaware. PCOnline leadership actively searched sites in Delaware and throughout the region for a new location to grow EtailFlow before selecting space adjacent to its 80-employee headquarters in Prides …

YMCA of Delaware Hires New Chief Development Officer

Staff WriterBusiness, RSS-Business

After an extensive search, the YMCA of Delaware is excited to name Tom Myers as the organization’s new Chief Development Officer. Tom comes to the Y with 20 years of experience in youth development, education, community engagement, and philanthropy, and has a proven track record of helping the Y expand its reach and increase impact. Most recently, Tom served as …

Nonprofit chooses Wilmington, Delaware, for $2.3M medical scheduling center that will create 227 jobs for economically vulnerable individuals while helping with post-pandemic staff shortages

Staff WriterBusiness, RSS-Business

Blindsight Delaware Enterprises (BSDE), a 501(c)(3) nonprofit social business enterprise founded in 2021, has chosen Wilmington, Delaware, as the site for a $2.3 million regional medical scheduling hub that will train and employ more than 225 Delawareans with economic vulnerabilities while helping to alleviate staffing shortages created by the COVID-19 pandemic. BSDE’s call center will be located in the CSC …