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NEWS
November 10, 2006 | By Gayle Ronan Sims INQUIRER STAFF WRITER
George Edward Preston, 92, who survived the Holocaust and afterward came to America, where he thrived, died of multiple organ failure Wednesday at home. He lived in Hyde Park near Wilmington. In 1985, Mr. Preston and his son, David Lee Preston, who was an Inquirer staff writer at the time, took a monthlong trip to France, the Soviet Union, Poland and Germany to revisit his past. The younger Preston wrote an article for Inquirer Magazine that chronicled the trip. The article was a finalist for the 1986 Pulitzer Prize in feature writing.
SPORTS
April 7, 1992 | By Mayer Brandschain, SPECIAL TO THE INQUIRER
The Conestoga Country Club team of Drew Hood and John Cooper won the two- man scramble tournament of the Philadelphia PGA on the Nemours Course of the DuPont Country Club yesterday with a 9-under-par score of 60. The event, which opened the association's 1992 schedule, was played on the Nemours Course and on the DuPont Course. The winning team on the DuPont Course was Rick Osberg of Waynesborough Country Club and Jim Bromley of Whitemarsh Valley Country Club, who shot a 7- under-par 63.
BUSINESS
May 6, 1993 | By Donna Shaw, INQUIRER STAFF WRITER
DuPont Co. said yesterday that it was restructuring its chemical and specialties operations, a move it said would eliminate an unknown number of jobs. Chairman and chief executive Edgar S. Woolard Jr. said the moves at the Wilmington company would reorganize six business sectors "to have only one layer between strategic business units" and his office. In a news release, he said that for most employees, there would be little effect but that "excess positions" would result. There is no way to determine how many jobs would be affected until each business has assessed its needs, he said.
NEWS
July 8, 1988
They ought to rename the A.I. duPont Institute in Wilmington. You may have read about the place. It's the 97-bed pediatric hospital that's going to turn away youngsters who test positive for AIDS. They ought to rename it: the A.I. duPont Institute for Kids Who Aren't Too Sick. That's the message the hospital's overseers at the Nemours Foundation in Jacksonville, Fla., inscribed over its portals with a no-kids-with-AIDS policy that began July 1. It's a first for a hospital in this country.
NEWS
January 31, 1996 | By Mark Jaffe and Richard Jones, INQUIRER STAFF WRITERS
John Osterlund, 86, a retired DuPont Co. executive and father of U.S. District Judge Marjorie O. Rendell, died Monday at Forsyth Memorial Hospital, in Winston-Salem, N.C. Mr. Osterlund was born in Philadelphia and was a graduate of the University of Pennsylvania Law School and the university's Wharton School. He joined DuPont in 1936 and eventually became assistant to the secretary of the company. He retired in 1974. His daughter Marjorie (known as Midge) is the wife of Mayor Rendell.
NEWS
December 10, 2010 | By WILL BUNCH, bunchw@phillynews.com 215-854-2957
He was the multimillionaire heir to one of the most fabluous estates in the Philadelphia region - the roughly 600 acres of rolling hills and horse stables near Newtown Square known as Foxcatcher Farm, anchored by a stately Georgian-style mansion called Liseter Hall. But in the end, the chemical-fortune scion John Eleuthere duPont died all alone, apparently of natural causes, in a western Pennsylvania prison cell where his frail and lifeless body was found at 6:55 a.m. yesterday. He was 72. DuPont's millions were powerless against the psychological demons that caused his slide into insanity - which led him to reportedly declare himself the red-robed "Dalai Lama of the United States" and finally to gun down a gold-medal-winning Olympic wrestler for no apparent reason.
SPORTS
July 9, 1986 | By MIKE KERN, Daily News Sports Writer
Just because the prestigious McDonald's Championship has moved from White Manor Country Club, in Malvern, to DuPont Country Club, LPGA commissioner John Laupheimer, a native of Philadelphia, does not believe the Southeastern Pennsylvania area has to feel a sense of loss. "We're still here," said Laupheimer, who was at DuPont yesterday to help formally introduce the event's new home for the next three years. "We'd like to think of this as a tournament for metropolitan Philadelphia, as well as the Wilmington area.
SPORTS
January 9, 1991 | By Diane Pucin, Inquirer Staff Writer
The basketball game between Villanova and Connecticut, a sweaty, sticky defensive battle touched by wild momentum swings, finally came down to a one- on-one battle between two fine athletes. With the Huskies up, 73-71, Lance Miller, Villanova's slashing forward, spotted an open path to the baseline. His eyes widened; he dribbled and took his long, smooth step. Lyman DePriest, Connecticut's defensive specialist, moved, too. Miller reached the hoop and rose, confident of a game-tying layup.
NEWS
April 15, 2011 | ASSOCIATED PRESS
WILMINGTON - DuPont Co. has received the final regulatory approval needed for its planned $5.8 billion acquisition of Danish food additives maker Danisco AS. DuPont said Friday that Chinese regulators have approved the deal, and that it is encouraging Danisco shareholders who have not yet tendered their shares to do so. DuPont has said it is confident that Danisco shareholders will follow their board's recommendation to accept DuPont's cash offer,...
NEWS
July 25, 2011
DuPont Co. said today it bought Innovalight Inc., a Sunnyvale, Calif., company founded in 2005 that makes silicon inks and other materials designed to improve the efficiency of crystalline silicon solar cells. Terms of the deal were not disclosed. With revenue of more than $1 billion from photovoltaic market last year, DuPont, of Wilmington, said its goal was to reach $2 billion in such sales by 2014. Privately held Innovalight said in May it would receive $3.4 million from the U.S. Department of Energy to accelerate the development and production of the company's products.
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ARTICLES BY DATE
BUSINESS
January 13, 2016
Scholars, shareholders, the newly separated, and the long-frustrated have plenty to say about cuts to the central research and business units at DuPont Co. by new CEO Edward Breen . Some highlights: "DuPont struggled with return on R&D over the years," notes Ben duPont , a shareholder and past manager at the chemical giant that bears his ancestor's name. "For 40 years, like a drumbeat, every few years DuPont introduced a new blockbuster product - nylon, Teflon, Tyvek, Delrin, Kevlar, Lycra, Kapton, Neoprene, Mylar . " (They weren't all blockbusters; duPont still has a pair of Corfam shoes - the Edsel of leather.)
BUSINESS
January 11, 2016
The gang now running DuPont Co. , that incubator of 20th-century U.S. industry, is scrapping many of its Wilmington headquarters institutions, as if they were old Rust Belt factories. Glowing paints and super plastics, miracle fabrics and insulators, electronics and fuel additives and their often toxic by-products are just a few of DuPont's highlights. Its science and engineering created that new-car smell, the snug and cleanable feel of a mass-marketed American home, and the security and menace of a fully equipped American soldier.
BUSINESS
January 1, 2016 | By Harold Brubaker, Staff Writer
For the first time, global corporate dealmaking topped $5 trillion this year as companies paid dearly for growth in a slow economy. The total represented a 37 percent increase from 2014, according to financial data firm Dealogic. That was thanks to a large number of megadeals worth $10 billion or more, including two in pharmaceuticals and beer, worth more than $100 billion. The $65.59 billion merger announced this month between Dow Chemical Co. and Wilmington's DuPont Co., among the top 10 globally, accounted for more than half the $113.4 billion worth of deals this year involving Philadelphia-area companies, data from Bloomberg L.P. showed.
NEWS
December 31, 2015 | By Joseph N. Distefano, Staff Writer
DuPont Co. will cut 1,700 of the 6,100 jobs in its home state of Delaware next month, chief executive Edward Breen told staff in a memo Tuesday. The cuts, at offices and labs along the I-95 corridor, are part of Breen's effort to eliminate more than 5,000 of the company's 54,000 worldwide jobs before DuPont's proposed merger with Dow Chemical Co. and their planned breakup into separate pesticide, materials, and "specialty products" companies....
NEWS
December 17, 2015
By Vic Brown More than anything else, I can still clearly see the little girls in their white dresses and veils, and the little boys in their nice blue suits. They were there with their families, sprinkled throughout the Green Room restaurant in the Hotel DuPont in Wilmington. That's what happened in those days, on a May Sunday morning following First Communion at the local parishes. The families would not throw parties but would opt instead for an elegant family breakfast in the most elegant restaurant in town.
NEWS
December 13, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Dow Chemical Co. and the DuPont Co. said Friday that they would combine in a "tax-free merger" into one company, DowDuPont, and then split into three separate firms. They plan to cut at least $3 billion in yearly expenses, shut offices and plants, and lay off thousands of workers, in the hope of driving up share prices and enriching investors. DuPont, based in Wilmington, also said Friday that even before the merger, it will displace around 5,400 of its 54,000 global employees.
BUSINESS
November 16, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Edward D. Breen is the necessary man in corporate Philadelphia. The New Hope resident is lead director at media giant Comcast Corp., which is an old customer from his youth when he was selling cable antennas. He is chairman of Tyco Inc., the Princeton conglomerate he rescued from bankruptcy and carved into five public companies. And as of Monday, in what could be his biggest challenge yet, Breen became chairman and chief executive of the venerable DuPont Co., where as interim CEO he had already been freezing projects, combining units, and weighing asset sales, in hopes of boosting profits.
BUSINESS
November 11, 2015 | From Staff and Wire Reports
The DuPont Co. has named Edward D. Breen as chairman of the board and chief executive officer, less than a month after naming him to those positions on an interim basis after Ellen Kullman resigned both jobs on Oct. 5. The appointment of Breen, 59, raises the prospect of a breakup of the 213-year-old, Wilmington-based chemical company amid continued pressure from an activist shareholder. Breen has had discussions about potential deals involving DuPont's seed and crop-chemicals unit, the company's largest segment by revenue.
BUSINESS
October 6, 2015 | By Joseph N. Distefano, Inquirer Staff Writer
Ellen Kullman is stepping down Oct. 16 as chairman and chief executive of DuPont Co., the Wilmington pesticide and chemical giant, as the company warned its profits are falling amid weak farm chemical sales. Edward Breen, a longtime New Hope resident who broke Tyco International into several companies, will take over as DuPont's interim chairman and CEO, the company said. DuPont also hired an executive search firm to find a permanent replacement. Kullman, 59, is leaving as DuPont said it won't make as much money as it expected in the current quarter, and has made plans to accelerate and expand previous cost-cutting proposals.
BUSINESS
August 22, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Chemours Co., a chemical maker split off from DuPont Co. last month, said it will close its titanium dioxide plant at Edge Moor, Delaware. The closure will idle 200 workers and 130 contractors, as part of a general reduction in production of the compound, which is used in PVC pipe, appliance paint and other industrial materials. The company will "redeploy" staff or pay them severance, the Wilmington-based company said.
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