Month: March 2017

Tech Forum, a non-profit group devoted to connecting technology businesses, will hold its 4th Annual Idea Challenge on Wednesday, March 15. This one-day “hackathon” aims to solve community issues using data from the state’s new Open Data Portal. The event extends from a partnership between Tech Forum and Delaware’s Government Information Center and Open Data…

Philip Shawe, co-CEO of TransPerfect, a language and technology company, is offering grants totaling $100,000 to second and third-year law students who prepare the best argument for reversing the recently affirmed decision by the Court of Chancery that forces the sale of the company. A group of retired judges and legal experts will decide the…

PHILADELPHIA (AP) — Pepsi says slumping sales from Philadelphia’s new sweetened-beverage tax are prompting layoffs of 80 to 100 workers at three distribution plants that serve the city. The company sent out notices Wednesday saying layoffs will occur at plants in north and south Philadelphia and in Wilmington, Delaware, The Philadelphia Inquirer reported. Dave DeCecco,…

The Port of Wilmington on Monday completed the $10 million purchase of the Chemours Edge Moor manufacturing site on the Delaware River. Now the port is seeking private investors and businesses to build a container and shipping terminal on the 112-acre site. Chemours operated a titanium dioxide production center, which produced whitener for paper, on…

NEW CASTLE, Del. (AP) — Residents in New Castle’s Colonial School District have voted against a two-part referendum to raise $10.9 million annually in additional taxes and give the county the authority to take out $4.7 million in bonds for one-time school security upgrades. Preliminary results show about 59 percent of the approximately 5,000 voters…

Hygiena, a company specializing in rapid food safety and environmental sanitation testing, today announced that it has acquired DuPont Diagnostics. The company, located at the DuPont Experimental Station in Wilmington, was the global food safety diagnostic business of DuPont. It was formed in 1992 as Qualicon, and it’s primary business has been a series of rapid…

Incyte, the Delaware-based pharmaceutical research firm, has joined the S&P 500 Index. The index includes the most-owned stocks on the New York Stock Exchange and Nasdaq, the two largest exchanges in the United States. Incyte pushed out Spectra Energy Corp, a natural gas company in the midst of an acquisition by Enbridge. There are now two…