The Council on Development Finance (CDF) has approved nearly $4.5 million in taxpayer-backed grants, including nearly $2.9 million to Pepsi to “Pepsify” a 359,000-square-foot warehouse in Claymont. CDF is an advisor to the Delaware Economic Development Authority (DEDA). It is responsible for conducting public hearings before DEDA issues any bonds or provides other financing support to projects. Other applicants who …
Delaware LIVE Weekly Review – December 8, 2024
This Week’s Top Stories Include High absenteeism drives poor results in four NCCo school districts DE Gingerbread Man runs, runs, runs as fast as he can on Food Network College knee-injury rehab led to creation of sports tech company Smyrna’s Melissa Wilson (and her dog) win Educational Support Pro of Year Coaches name All-Class football teams, top players Click on …
Encompass Elements seeks CDF aid to move HQ to Delaware, add 53 jobs
NEW CASTLE — Encompass Elements, a Pennsylvania-based marketing-fulfillment company, plans to consolidate operations in Delaware, bringing 22 jobs from Lansdale and creating 31 new positions over three years. The company is seeking a $252,100 state grant through the Council for Development Finance to support its $3.2 million relocation and expansion at 1500 Johnson Way, where it currently employs 21 …