Category: News Updates

Chesapeake Utilities Corporation today announced its net income for the year ended Dec. 31 was $41.1 million, or $2.72 per share, an increase of $5 million, or 25 cents per share, compared to 2014. The growth in net income and earnings per share in 2015 occurred despite the impact of significantly warmer temperatures, particularly in the fourth quarter of 2015.  The…

A European company is looking for Delaware farmers willing to let tourists camp out on their farms. Feather Down Farm Days, an agritourism company expanding in the U.S., provides farmers with fully furnished cabin-style tents and all the equipment necessary to create a farm experience for the guests. The company also handles all the marketing…

DOVER, Del. (AP) — State Medicaid officials are facing an estimated shortfall of $28.5 million in Gov. Jack Markell’s proposed budget for the upcoming fiscal year because of higher-than-expected costs. Officials told lawmakers Wednesday that while Markell’s budget proposal includes $40 million in additional Medicaid spending, they now expect they’ll need more than $68 million.…

The Small Business Development Center (SBDC) is currently scheduling free one-on-one sessions with those currently doing business in New Castle County, or those interested in starting a business due to downsizing. Qualified business counselors will meet with individual business owners (and new start-ups due to downsizing) on Wednesday, March 9 between the hours of 10…

Ted’s Montana Grill, an Atlanta-based company with Western-themed eateries, will add a restaurant at the Christiana Fashion Center within a year. Ted’s Montana Grill serves American dishes made with local ingredients. Many dishes are made-from-scratch.The restaurant chain will also open stores in Columbus, Ohio, and Charlotte, N.C.   “At the end of 2015, we celebrated…

Buccini Pollin plans to bring two hotels to the Wilmington Riverfront – a 200-room Marriott Hotel and a 100-room Homewood Suites by Hilton. The company already has franchise approval for the Homewood, and the Marriott applications is under review. It opened the Westin on the Riverfront in 2014. The target audience is business travelers, conference…

Related Story Mark Turner, Chairman of Delaware Business Roundtable, and Chip Rossi, Chairman of Delaware State Chamber of Commerce: “Today’s announcement that DuPont will be establishing the headquarters for its agriculture company in Wilmington is great news for Delaware. We are very excited that both the new agriculture and specialty products companies will be headquartered…