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BUSINESS
February 23, 2016
Battered by years of corporate departures, Delaware elected officials bragged as if they'd won the lottery when DuPont Co. and Dow Chemical Co. said the new corporation they are forming to sell pesticides and seeds will have world headquarters not at its Iowa-based crop seeds group, nor at Dow's Indianapolis pesticides business, but at DuPont's Chestnut Run office complex near Wilmington. Yet it's not clear this will add any Delaware jobs. DuPont and Dow plan more cost cuts in advance of their merger later this year.
BUSINESS
February 21, 2016 | By Joseph N. DiStefano, Staff Writer
In what Gov. Jack Markell called "a win for Delaware," the DuPont Co. and Dow Chemical Co. said Friday that they had picked DuPont's Chestnut Run office complex outside Wilmington as the headquarters for top officials of their planned new combined pesticide and seed company, which will bear the DuPont name. Delaware promised income-tax rebates for workers earning above $70,000 a year, $6 million in construction capital expenditure grants, and $3.6 million "to support employment" to keep the headquarters, state officials said in a statement.
NEWS
February 20, 2016 | By Susan Snyder, Staff Writer
Delaware Valley University, founded 120 years ago as a farm school that catered to Jewish men, took another leap from its past Thursday with the hiring of its first female president, an agronomist currently working as a dean at the University of Hawaii at Manoa. Maria Gallo, 53, a Cornell University graduate who grew up in Port Chester, N.Y., will take the helm July 1. She replaces Joseph S. Brosnan, who announced last year that he planned to retire at the end of this school year. Gallo, dean of the College of Tropical Agriculture and Human Resources, said she was attracted by the university's mission, history, and core values, as well as its proximity to family in New York and New Jersey.
NEWS
February 19, 2016 | By Jacob Adelman, STAFF WRITER
Liberty Property Trust of Malvern has sold eight properties in three different states, including an industrial building in Delaware, for $131.1 million, the company said in a release Wednesday. Newark, Del.'s 183,235-square-foot 220 Lake Drive building sold for $10.1 million, Liberty said. Other sales included five office properties and about four acres of land in Tampa, Fla.; an industrial building in Deerfield Beach, Fla.; and an office building in Minnetonka, Minn. The properties were sold to four separate buyers, whom Liberty spokeswoman Jeanne Leonard declined to identify.
BUSINESS
February 15, 2016 | By Diane Mastrull, Staff Writer
Like every millennial in college, Mac Nagaswami was immersed in high tech, his world a digital swirl of cellphones, social media, and Internet portals. That's what made his approach to business seem so last century. His market research in summer 2012, as he prepared to start his junior year at the University of Delaware, involved going door-to-door in neighborhoods around campus, recording answers to his questions on a clipboard. Chief among them: Would you be willing to drive around with an ad affixed to the outside of your car for money?
BUSINESS
February 11, 2016 | By Linda Loyd, Staff Writer
The project to deepen the Delaware River navigation channel will receive $22 million in the Army Corps of Engineers' current fiscal year work plan and $33 million in President Obama's proposed budget for fiscal year 2017, which begins Oct. 1, according to Sen. Robert P. Casey (D., Pa.). About 80 percent of the channel is now at or deeper than 45 feet, and the dredging work that began in March 2010 should be completed next year, said Ed Voigt, public affairs chief for the Army Corps' Philadelphia District.
NEWS
January 29, 2016
The Chester County SPCA has changed its name to the Brandywine Valley SPCA, to reflect its expanding geographic reach. The animal-welfare group has served Chester and Delaware counties for years but expanded to serve the state of Delaware this month. It aims to bring its no-kill philosophy to more areas, executive director Adam Lamb said. A shelter is considered "no-kill" if it saves at least 90 percent of animals left in its care. In 2013, the Chester County SPCA euthanized 37 percent of its animals; by last year, its euthanization rate dropped to 6 percent, Lamb said.
ENTERTAINMENT
January 28, 2016 | By Tirdad Derakhshani, Inquirer Staff Writer
Nineteenth-century Philadelphia is often characterized as a center of abolitionist thought and a haven for Southern slaves seeking freedom. But that is a simplification, as we learn from the latest installment of Philadelphia: The Great Experiment , an ongoing half-hour documentary series produced by Philadelphia entrepreneur Sam Katz's History Making Productions. It will air at 7:30 p.m. Thursday on 6ABC. Titled "Disorder: 1820-1854," the sixth installment of the 13-part series explores the racist sentiment widespread among working-class whites who felt displaced by the city's growing number of free blacks.
BUSINESS
January 24, 2016 | By Andrew Maykuth, Staff Writer
The number of oil trains has fallen in the last year along with the price of crude oil, and so has the number of accidents that kept oil trains high on the public agenda. But oil-train economics and safety were on the mind of U.S. Rep. Patrick Meehan (R., Pa.) on Friday when he made a fact-finding tour of the Eddystone Rail Co., the Delaware County railroad unloading facility that handles mile-long "unit" trains that deliver North Dakota crude to the region. The congressman, whose district includes the Delaware County waterfront, paid his first visit to the facility that opened two years ago at Exelon Generation's Eddystone power plant.
NEWS
January 18, 2016 | By Jacqueline L. Urgo, Staff Writer
BIVALVE, N.J. - Years ago, when Meghan Wren was hiking through a boat "graveyard" in nearby Leesburg, she discovered the rotting remains of a wooden yawl. The hundred-year-old wreck so intrigued Wren - founder and executive director of the Bayshore Center at Bivalve - that she began studying how these boats were traditionally used as auxiliary craft to schooners and other vessels along the Delaware Bay and elsewhere. Usually rigged as a two-masted sailing craft, yawls often were favored over other types of dinghy in commercial fishing operations because the mizzen sail is in the aft, creating easier handling in rough seas.
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