A Delaware environmental solutions firm will use $60,000 in state grants to quadruple lab space and create 12 new full-time jobs. RiKarbon, based in Newark, will use the grants to expand from Delaware Technology Park incubator space to the Delaware Industrical Park. The company, which will focus on carbon capture and utilization with the expansion, was founded in 2018 with …
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 …
A new $170 million cold storage facility will break ground in Claymont this fall and is expected to add about 130 jobs when it opens next summer. Agile Cold Storage will build a 275,000-square-foot cold-storage facility to help meet growing demand from North American food manufacturers, processers and growers. The addition will be the first company warehouse outside its home …
The way Delaware handles its budgets, a growing population and efforts to diversify the state economy all help the state continue to earn a AAA bond rating, which means the state pays less when it wants to borrow money. For example: The state received bids last week for its upcoming sale of $380 million of triple-A rated General Obligation Bonds …
Fifteen tech-enabled startups with at least one team member from an underrepresented demographic are sharing $198,000 in non-dilutive grant funding from the third Startup302 competition, coordinated by Delaware Prosperity Partnership and its partners. The contest attracted 169 applicants from throughout Delaware and across the United States, plus Canada, Brazil, Uruguay, Italy, Armenia and Kyrgyzstan. Startup302 winners Delaware Tech-Enabled (sponsored by …
A company that designs and makes high-performance protective cases and racks for industries ranging from rock stars to defense will move from Maryland to Frankford, Delaware. CP Cases USA, which was opened in 2013 by the owner of a similar United Kingdom company, will move into a 25,000-square-foot site in the Frankford Business Park, located along Route 113. The company …
A company that designs and manufactures high-performance protective cases and racks used in industries ranging from broadcasting to defense has chosen Frankford as the new site for its United States operations. CP Cases USA, opened in 2013 by the owner of a similar company in the United Kingdom, will move from an 8,000-square-foot site in Bishopville, Maryland, to a 25,000-square-foot site …
Just two years after moving its operations from New Jersey to Delaware, The Royale Group has announced it will double down on the First State with a new facility in Seaford. The $2.35 million expansion is expected to create 29 jobs in Southern Delaware. The Royale Group is a collection of specialty chemical companies that manufacture, formulate and distribute chemicals. …
A water quality testing supply company will invest $3.3 million to expand its operations into Newark after receiving $1.25 million in grants from the state. The LaMotte Company, based in Chestertown, Maryland, will occupy a 79,000 square foot office space and production facility in the Pencader Corporate Center. The facility will lead to the immediate creation of 50 jobs. The …
A company that digitally links cash management accounts will build a $15.37 million headquarters and customer service center in Wilmington, in hopes of adding 395 new jobs. Investor Cash Management will become the newest addition to the city’s hub of financial companies. The company, which started in 2018 and now employs 30, offers a platform as a …
