From previous page - Delaware Business Now

Transcription

From previous page - Delaware Business Now
Delivery start-up finds
home in business
incubator. 15
May 14, 2014
This week
Emergency order
for tank trains. 4
Dover
convocation
center proposal
outlined 6
Going over the
edge for a good
cause. 16
Report: Delaware’s rapid job
growth rate cooling down
F
Courtesy of DECON First
or the third month in a row, total
employment in Delaware continued to
rise at a healthy annual 12 month moving
average growth rate of 2% The sustained job
growth has pulled the state unemployment rate
down below 6% (5.9%) for the first time since
late 2008. This is no surprise as the number of
Delaware residents with jobs is up 5,900 over the
past 12 months while the state’s labor force has
increased only 1,400. The rate of consumer price
inflation in the region remains near 1%.
initial claims for unemployment insurance are
still falling. On the minus side, building permits
and manufacturing back logs are declining as
well. Although positive, this is the third month of
decline in Delaware’s leading index.
The Delaware leading economic index compiled
by the Philadelphia Federal Reserve shows no
indication of a recession in the state through the
third quarter of 2014. Of the index components, Continued on next page
Business services sector seeing slowdown in growth rate
From previous page
There are numerous signs that Delaware’s hot employment growth has
peaked and is beginning to return to earth. The 3 month moving average
percentage change has fallen below the 12 month percentage change and will
proceed to pull the 12 month growth rate down.
The primary Delaware growth industry, professional and business services,
has seen its 3 month moving average growth rate fall from 7.7% to 4.9%. The
growth rate in Delaware’s health care industry continues to drop and is down
to 1.3%. Between February and March, total employment dropped slightly.
As seen elsewhere in the nation, there are troubling signs in Delaware’s labor
force. Over the past year as resident population rose almost 1%, the state’s
labor force grew just 0.3%. Since 2005 the state’s labor force participation
rate has dropped from 67% to 64%. The greatest decline has been among
young people ages 20 to 24. The labor force participation rate has dropped for
both whites and blacks. And while the participation rate has also declined for
Delawareans with less formal education (high school graduates and below), it
has risen for residents with a college or graduate degree.
The jobs generated in Delaware since the trough of the recession show a
continuing disturbing trend as well. Previous research by DECON First
has clearly established that over the past decade Delaware has been gaining
lower productivity jobs while losing higher productivity jobs. Data from the
U.S. Bureau of Labor Statistics and the National Employment Law Project
shows that since the recovery began in Delaware, only 20% of the net jobs
gained fall in the higher wage category. The remaining jobs gained are split
evenly between middle and low paying industries. The greatest gains among
low paying industries have been concentrated in services to buildings, social
services, and nursing and residential care facilities.
DECON First Expects positive but slower job growth for the remainder of
2014 with a return to pre-recession employment by the middle of 2015. The
lagging labor market fortunes of residents with less formal education, confirms
a continued increase in the bifurcation of the Delaware income distribution.
Dr. John E. Stapleford, Principal
DECON First uses economics to strengthen Delaware business. This is
accomplished by providing accurate, objective, and relevant analysis of the
economy, coupled with best practice recommendations that deliver new
customers. The detailed analysis for the Indicators above is found in the
DECON First quarterly Delaware Economic Review. Click here for the link.
Direct questions to [email protected]
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Clean water focus of Tech
Forum of Delaware event
Technology Forum of Delaware
Fulgham is Vice president, Global
will take a look at a precious resource Strategic Marketing, at Ashland
on May 21 with the Clean Water
Water Technologies. He will present
Technologies in Delaware event.
information about clean water
technologies used by the industrial
Speakers are Collin O’Mara and
water treatment industry.
Jeff Fulgham. O’Mara currently
serves as Secretary of the Delaware
The event will be held from 5:30
Department of Natural Resources
p.m. to 7:30 p.m. At the DuPont
and Environmental Control. This
Environmental Education Center,
summer, he will leave the state
1400 Delmarva Lane, Wilmington.
post to head the National Wildlife
Federation.
Event registration is $25 for
TechForum DE members, $40
O’Mara will discuss the Clean
for future members, and $15 for
Water for Delaware’s Future
students. Click here to register.
initiative recently proposed by Gov.
Walk-ins are welcome, but will be
Jack Markell and how clean water
charged an additional $5 fee at the
technologies play a role in the
door.
initiative. The program aims to clean
up Delaware’s waterways, which
The Technology Forum of
rank among the most polluted in the
Delaware serves the technology
nation.
markets throughout the Delaware
The program includes a fee that
Valley.
would be added to the property tax
to fund clean water programs.
Department of Transportation issues tank train order
T
he U.S. Department of Transportation
issued an Emergency Order requiring
all railroads with trains carrying large
amounts of Bakken crude oil to notify state
emergency response agencies about the operation of
trains through their states.
cars for other grades of crude this summer. Bakken
crude comes out of wells in North Dakota.
“As of April 1 of this year we have voluntarily
taken the added safety measure of only accepting
unit trains comprised solely of the new DOT111-A cars for delivery of Bakken crude oil to our
Vast quantities of Bakken crude are transported in Delaware City refinery,” said Michael Karlovich, vice
president of corporation communication for PBF
the Newark and Glasgow areas on their way to the
Energy. “The 111-A/CPC-1232 cars we are using
PBF Energy Delaware City Refinery. Earlier orders
are the latest design and include thicker shells, halflowered the maximum speed trains with the older
head shields, and protective coverings over the top
cars to 40 miles an hour.
fittings and improved pressure relief valves.”
Trains carrying the cars from Newark to the
refinery travel below that limit. Trains with crude
tank cars are also visible on other rail routes in
northern Delaware.
The agency’s Federal Railroad Administration
and Pipeline and Hazardous Materials Safety
Administration issued an advisory urging those
shipping Bakken crude oil to not use an early
generation of tank cars.
However, it stopped short of requiring newer cars.
PBF earlier stated that it would stop accepting the
oldest generation of cars at its refineries, effective in
April for Bakken crude and would not accept those
“We are on record as supporting increased efforts
by rail companies to enhance operating practices,
and increasing rail inspection and maintenance
activities to ensure the safe transport of all crude oil
varieties.,” Kalovich added.
Bakken is believed to have more gases than other
types of crude. A number of derailments have been
reported, although no incidents have been reported
in Delaware. Norfolk South crews frequently
inspect tracks and earlier made upgrades to tracks.
The order requires that each railroad operating
trains containing more than 1,000,000 gallons of
Bakken crude oil, or approximately 35 tank cars,
in a particular state to provide the notification
regarding the expected movement of such trains
through the counties in that state.
The notification must include estimated volumes
of Bakken crude oil being transported, frequencies
of anticipated train traffic and the route through
which Bakken crude oil will be transported. The
Continued on next page
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Brwyn Mawr Bank Corp.
to acquire Continental Bank
B
ryn Mawr Bank
Corp., parent of
Bryn Mawr Trust
Company, announced that
the corporation has entered
into a definitive agreement
to acquire Continental Bank
Holdings, Inc.
Peters
The transaction has a
total value of approximately
$109 million. Brwyn Mawr Trust, based in the
community of the same Name near Philadelphia,
has banking and wealth management operations
in Delaware.
Under the terms of the agreement, shareholders
of Continental will receive 0.45 shares of Bryn
Mawr Bank Corporation common stock for each
share of Continental stock.
Holders of Continental’s warrants to acquire
Series B Convertible Perpetual Preferred Stock
will receive cash in the amount of $2.94 for each
outstanding Series B Warrant.
In addition, under the terms of the agreement,
holders of options and other warrants to acquire
shares of Continental common stock will have
their options and warrants exchanged for similar
options or warrants to acquire Bryn Mawr Bank
Corporation common stock as adjusted by the
exchange ratio.
The agreement also provides that Continental
will pay a special dividend to its shareholders of
$1.251 million, or $0.15 per common share,
immediately prior to closing. Continental Bank
Holdings, Inc. is headquartered in Plymouth
Meeting, Pa.
The acquisition expands the corporation’s
distribution network in attractive Montgomery,
Chester and western Philadelphia counties by
adding 10 branches, approximately $398 million
in loans and $469 million in deposits. Ted Peters, chairman and CEO, stated,
“Continental is a high quality, well-managed
organization, and we are delighted to have them
join us. This acquisition is really exciting for us,
bringing tremendous opportunity for growth
Continued on next page
Emergency order...
From previous page
order also requires the railroads provide contact
information for at least one responsible party at the
host railroads to the emergency agencies
The Emergency Order advises railroads to assist the
agencies as necessary to share the information with
the appropriate emergency responders in affected
communities.
The Department of Transportation continues to
pursue a comprehensive solution, according to a
release from the agency.
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Committee makes case for Dover convocation center
T
he Delaware Convocation Center Feasibility Study group released
its final report with a presentation to the state General Assembly’s
Bond Bill Committee.
The presentation did not include a funding request, although the group
recommended that the project move forward. The center, in one form or
another, has long been sought for the county.
The final report states that Delaware State University has a significant need
for such an education-focused convocation center. It notes that the ability
to use the center for a variety of events would add an economic boost to the
region.
Bryn Mawr acquiring bank
From previous page
in very desirable markets. It is an important step in our strategic plan
and goal of reaching $3 billion in banking assets by the end of 2014.”
Peters added, “The broader range of services we offer, particularly wealth
management and private banking for example, will be a big plus for many
of our new clients.”
The agreement comes after Brwyn Mawr Trust dropped a plan last year
to merge with MidCoast Community Bank, Wilmington, after the
president of that financial institution resigned. He went on to face charges
related to a loan scheme.
A convocation center at Hampton University in Virginia.
Delaware State University President Harry L. Williams said the findings
of the feasibility study are consistent with the needs of the DSU, the city
of Dover and Kent and Sussex counties. “It would give DSU much needed
academic and athletics space as well as provide the university with a facility
where it could hold its commencement ceremonies without being impacted
Continued on next page
$57.5 million price tag for 1st phase of proposed Dover center
From previous page
by adverse weather,” Williams said. “Because the
facility would also be used as an entertainment and
conference venue, the potential economic impact
will mean more revenue for the businesses and
suppliers of city of Dover, the county and state, as
well as additional job creation.”
has a seating capacity greater than 2,500 seats.
notes that the capital cost of the project would be
augmented by income-generating events that would In addition, the Convocation Center would be
versatile in the possible indoor configurations that
be held at the Convocation Center.
could be set up, allowing for a wide variety of
sporting, entertainment and conference events.
Phase I would complete about 85 percent of
the building, which would include 4,882 seats
The feasibility study process included more
(permanent and temporary), a 5,400 square foot
ballroom, a 3,300 square feet in breakout meeting than 10 months of research, analysis, workshops,
presentations and feedback. More than 300
spaces, and 20,000 square feet in academic space.
people were surveyed from DSU, the residents of
Phase II would install the remaining 1,118 seats
surrounding area, and the Kent County business
on the west end of the building, completing the
community.
circular bowl permanent seats.
With respect to the operations of the facility,
the report recommends that a public-private
partnership run the convocation center in way
that makes it an asset to the University, Dover,
and Kent and Sussex counties. It notes that such a
partnership would maximize the facility’s utilization The center would include space for DSU’s Health
rate and also enhance the relations between DSU
and Wellness Program. The classroom space would
and the civic communities.
also double as meeting and ballroom spaces, and
could cater to the area’s convention and conference
work.
The final report recommends that the
Convocation Center be located on a parcel within
the city limits, west of DuPont Highway, north of
the DSU campus, and on the south side of Sam’s
Club merchandise store.
The report proposes that the Convocation
Center be constructed in two phases, with the first
phase projected to cost $57.5 million. The report
While noting that Dover metropolitan area
is home to about 168,000 residents, the report
states that the Convocation Center would also
draw attendees from throughout the Delmarva
region, which has a population of approximately
1.4 million, as well as some visitors from the
surrounding states. Currently there is no indoor
entertainment venue in the city of Dover that
“The committee worked extremely hard to keep
costs reasonable and yet recommend a viable
economic growth tool,” Williams said. “When
compared to other similar projects nationally,
this center is a true bargain. It will put DSU and
Southern Delaware on the map!”
The 15-member steering committee fully
endorsed the feasibility study report by the
project team comprised of representatives from
Holzman Moss Bottino Architecture, ForeSite
Facility Planners, Conventions, Sports & Leisure
International, Becker Morgan Group, and EDIS.
Congressional delegation holding
Job fair in Rehoboth on May 19
U.S. Senators Tom Carper and Chris Coons
and U.S. Rep. John Carney will see more than
70 employers seeking to hire for more than 800
jobs to Rehoboth Beach Convention Center 229
Rehoboth Ave, Rehoboth Beach, for their third
delegation job fair of the year. The event will take
place on Monday, May 19 from 10 a.m. to 2 p.m.
The list of potential employees reflects Sussex
County and the Delmarva region’s diverse array
of industries including tourism, health care,
education, law enforcement and banking. Due to
high demand, vendor space is filled to capacity.
Interested companies who would like to be added
to a waitlist can contact Senator Coons’ office at
302-573-6345 or via email at workshop@coons.
senate.gov.
Participating companies, agencies, and
organizations include: Beebe Healthcare, Delaware
Army National Guard, Resort Quest, Five Guys
Burgers & Fries, WJBR, Delaware Libraries Job
Center, Delaware Department of Labor, MTC
Wilmington Job Corps Center, GameStop, Delaware
Technical Community College, WSFS Bank,
Metro Merchant Services, Prominent Insurance,
Walgreens, Delaware Department of Labor, Delaware
Department of Corrections, American Registry of
Pathology, Wilmington University, Alternate Routes
to Teaching Certification, Vocational Rehabilitation,
Griswold Home Care, Quality Staffing Services,
Dr. Energy Saver, Primerica, Delaware Department
of Transportation, Beach Babies Child Care Inc.,
AFLAC, County Bank, Jockey International,
Kate Spade NY, Brandywine Women’s Health
Association, Levi Strauss & Co., Avon Products
Inc., DELMARVA Distributing, Mid-Atlantic
Troops to Teachers (Veterans), Cole Haan, Talbots,
State of Delaware, Mountaire Farms, Nanticoke
Health Services, Trinity Logistics, VF Outlet, i.g.
Burton, Sunglass Hut, Royal Farms, Rehoboth
Boys and Girls Club, Coldwater Creek, WGMD
FM, Telamon Corporation, Delaware Transit
Corp., New York and Company, Delaware State
Police, Home Instead Senior Care, USDA, NRCS,
JCREW, Peninsula Home Care, Atlantic Sands Hotel
Convention Center, Mountaire Farms, Michael Kors,
Hanesbrands, A Plus Cuts & Salons, Food Lion, New
Castle County Government, JSD Management, Inc.,
Interim Healthcare, Food Bank of Delaware, Allen
Harim Foods, Wawa, Inc., and Safeway.
T
he Delaware Business Bulletin
is an electronic business journal
published in a digital format each
Wednesday by Bird Street Media, LLC,
Newark, Del.
The Business Bulletin is now accepting
reservations for
advertising as well
as sponsorship
opportunities.
For further
information
on advertising
and sponsorships, e-mail drainey@
delawarebusinessdaily.com
The Business Bulletin and the companion
DelawareBusinessDaily.com website are
proud members of Local Independent
News Publishers (LION).
Governors concerned about
Pfizer’s plans for AstraZeneca
Govs. Martin O’Malley of Maryland and Jack Markell, of Delaware,
have sent a letter to Ian Read, chairman and chief executive officer
of Pfizer, Inc., expressing concerns about the potential acquisition of
AstraZeneca PLC. The letter from the two Democrats highlight the
possible impact on jobs in both states, and expresses concern about
the company’s open
interest in gaining
access to offshore
funds and “taxefficient” operations.
Pfizer has proposed
a $106 billion merger
with AstraZeneca
with the combined
companies moving
their legal headquarters
to the United Kingdom to take advantage of tax breaks. AstraZeneca
has rejected the merger offer.
AstraZeneca employs about 3,100 people in Maryland, and nearly
2,600 people in Delaware. Pfizer, which is now based in the U.S., is
believed to be sitting on a large amount of cash it parks overseas for tax
reasons. U.S. corporate tax rates are among the highest in the world
and corporations use various strategies to reduce that rate.
Continued on next page
Wilmington Grand
Prix cycling events
coming this weekend
T
he Wilmington Grand Prix will once
again feature the Delaware Gran Fondo
on Sunday, May 18 with an 8 a.m.
start at the Delaware Art Museum. The 62mile ride will take participants on a tour of the
Brandywine Valley with a route that includes
more than a dozen cultural attractions. Partial
proceeds from the ride benefit the Food Bank
of Delaware.
Those not up for the challenge of the 62-mile
Gran Fondo have two less- intense options:
a Medio Fondo (31 miles) will be offered as
well as the 4th Annual Governor’s Ride (15
miles) led by Delaware Governor Jack Markell,
himself an avid cyclist.
The Governor’s Ride route includes Hagley
and Winterthur and is open to all ability levels.
The Wilmington Grand Prix, presented by
Bank of America, is a three-day event that kicks
off with Monkey Hill Time Trials on Friday,
May 16 at 5 p.m. in Brandywine Park.
From previous page
In addition, the United Kingdom has set up tax
incentives for the pharmaceutical industry, aimed,
in part, at keeping AstraZeneca’s R&D operations
and headquarters. AZ is moving a research
center and headquarters to the university city of
Cambridge.
In rejecting Pfizer’s offer, AstraZeneca also
expressed concerns about the tax-driven structure
of the merged companies.
The uncertainty prompted the two governors
to seek answers about the company’s potential
future in the two states. Delaware operations
are now being downsized, with the final head
count expected to total 2,000. About 300 of the
Delaware jobs are slated to go to Maryland.
The two governors also sent letters expressing
concern to several federal executive branch
officials.
The governors also highlighted Pfizer’s assurances
to British Prime Minister David Cameron on
job retention, potential relocation, as well as
employment guarantees for workers in the United
Kingdom, and noted that Pfizer has yet to provide
any commitment to Maryland or Delaware.
The letter requests responses from Pfizer
regarding the potential impact on thousands of
residents in both states as well as a number of
other issues, including: the potential number
of jobs to be eliminated upon acquisition;
commitments Pfizer is prepared to make to
current AstraZeneca employees; future interest
in investments in R&D and maintenance of
innovation efforts; and answers to questions about
potential redistribution of assets.
Both governors indicated that they intend to
continue to pursue their concerns with the White
House, members of the Obama Administration,
and the U.S. Congress.
CD Diagnostics, state officials
cut ribbon on new headquarters
D
elaware Economic
Director Alan Levin
joined Rick Birkmeyer,
president and chief executive officer
of CD Diagnostics, and other
company and government officials
for a ribbon cutting to celebrate
the opening of CD Diagnostics’
new 20,000-square-foot space in
Brandywine Corporate Center 1 in
Claymont.
CD Diagnostics recently
consolidated offices in
Wynnewood, Pennsylvania, and
Logan Township, N.J., into its
new Delaware location, where
research & development, product
manufacturing and business
administration are housed under
one roof.
“We are excited about our move
to Delaware,” says CEO Richard
Birkmeyer. “This area provides
“Delaware is home to a growing
access to an outstanding work
collection of successful biotech
force, easy access for our corporate
companies, which range from
homegrown start-ups to transplants partners, and interaction with a
thriving economic and scientific
that made our state their home,
community.” CD Diagnostics is
and we’re proud to have CD
Diagnostics move here,” Gov. Jack also the parent company of Citrano
Medical Laboratories, a CLIAMarkell said. “As their successful
certified (Clinical Laboratory
work has shown, CD Diagnostics
is ahead of the curve in their field. Improvement Amendments)
laboratory in Towson, Md.
We look forward to their ongoing
research, development of products
and continued growth in the First
State.”
Dr. Carl Deirmengian, chief medical officer, CD Diagnostics
May 21, 5:30 to 7:30 p.m.
DuPont Enviromental
Education Center, Wilmington
To register
viewpoint
Economic recovery: Delaware can do better
By David F. Lyons, Sr.
Editor’s note: David F. Lyons
Sr. is president and CEO of
Lyons Companies, a privatelyowned insurance brokerage,
risk management, human
capital management and
employee benefits firm based in
Wilmington.
Lyons
Are things looking up for area businesses and
their workers? Survey says: Yes!
Our survey – conducted during the annual
Economic Forecast sponsored by Lyons Companies
and the Center for Economic Education &
Entrepreneurship at the University of Delaware
– shows expectations of an improving economy.
But on the ground, no business I know is taking
anything for granted. ‘Things are better, but not
good enough’ is what our clients and colleagues at
the Economic Forecast seem to be saying. People
want stronger economic growth, and sooner.
The recent announcement of the Small Business
Administration’s Delaware district “Small Business
Award” winners showed me that entrepreneurship
is alive and well. Recent real estate data from
DECON First showed that the housing market is
recovering in line with the overall economy.
Eighty percent of 230 business owners,
executives/managers, and other businesspeople said
they were “confident” or “very confident” in the
prospects for their business for 2014, noted a survey
conducted by Lyons Companies in February. But
another question revealed that 54 percent think it
But we can do better as a state, region and nation.
will take more than three years to “see the economy And by “do better” I mean: Create more jobs,
rebounding and operating on all cylinders.” That’s faster and with more staying power. We are long
too slow.
past the point as a society that the complications
of regulations are negatively affecting existing
business and budding entrepreneurs, forcing them
to divert resources from growing a business to
competing with the government and complying
with paperwork requirements that don’t add value
for the business nor the public.
Regulations are of the utmost importance, but we
need a smarter regulatory system. Initiatives that
many businesses support such as the Small Business
for Sensible Regulations Coalition aim to fix our
broken regulatory system. As one business owner
put it: “There are good regulations, but just too
many of the bad ones.”
Richard Heffron, president of the Delaware State
Chamber, noted: “Our members aren’t looking
to get rid of regulations; we just need a smarter
regulatory process. We need a system that does a
better job of anticipating the impact that a new rule
will have on businesses and manufacturers before it
is implemented. A streamlined process, with greater
Continued on next page
Business wants smarter regulation
From previous page
transparency, will give our job creators the freedom to
reinvest and expand their operations.”
I’ve talked with dozens of entrepreneurs, and the first
thing on their minds is not regulation. Rather, they are
Regulation is necessary, it’s essential and it can be
productive – but it has now overgrown into a thicket of
local, state, federal (and even international) requirements
that make entrepreneurs defensive and suppress job
creation and stunt economic recovery. That’s one of the
reasons why more than half of businesspeople think it
will take more than three years to see the economy
running “on all cylinders.” Delaware and our entire
region can and should do better.
Rehoboth campus anniversary to be marked
The Rehoboth site of Wilmington University, located
in Rehoboth Beach just off the boardwalk on Rehoboth
Avenue, will host the kick-off of a year-long celebration
of its 15 year anniversary this weekend. The special
2-day event will take place at the site’s off-boardwalk
location on Friday, May 16 and Saturday, May 17, from
10 a.m. to 4 p.m. on both days.
The event will include games and prizes, including
free classes and other giveaways in appreciation to the
community and its support over the past 15 years. All
Wilmington University students, alumni, faculty, staff
and employees are invited to visit the beach and join
in the celebration along with Rehoboth community
residents and visitors. “This is a great opportunity to
show our gratitude to local students and businesses
who have embraced us and to encourage others in the
community to come in and check out what we have to
offer,” said Dennis Huffman, Rehoboth Site Director. Wilmington University in Rehoboth currently offers
approximately 100 courses and workshops.
s
th *
on E
m E
2 FR
Our senior senator from Delaware, Tom Carper, put it
this way after I and other business leaders from Delaware
met with him: “We don’t have to choose between having
strong economic growth and strong regulations to
protect our workers, our environment and our public
health; we just need to strike the right balance between
these important priorities by using some common sense.”
focused on changing the world, or at least a part of it,
with an idea, a product, a service or some other offering
that helps some sector of the economy.
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donations and the competitive spirit and prizes
help motivate existing donors as well as attract
Unfortunately, stories like Kelly’s are not
first-time donors.”
uncommon and don’t take a vacation during the
summer months, a time when blood donations are
Registered organizations will earn points based
typically slower.
on blood donations, first-time donors and more.
This year’s grand prize is a $5,000 TD Bank
This summer, Blood Bank of Delmarva will
Visa Gift Card, along with $2,000 and $1,000
hold the 12th Annual Summer Blood Challenge
TD Bank Visa Gift Cards as second and third
from May 19 to September 13. It was created to
prizes. Two $50 gift cards will also be awarded
help sustain the blood supply during the summer to lucky participants each week throughout the
months.
Challenge. All donors must fill out a Hero Card
when donating to ensure accumulation of points
and eligibility for prizes.
Last year, a record 241 companies participated
in the Summer Blood Challenge. This resulted in
14,308 blood donations.
“We had another record-breaking year last
year,” Roper said. “We anticipate tremendous
support from our dedicated donors who help save
local lives and have been vital to ensuring a stable
blood supply in our community for 60 years. We
are grateful to everyone who takes the time to
give of themselves.”
Blood Bank of Delmarva is a non-profit
community service organization that provides
blood and blood products to 16 hospitals in
the Delmarva region. More than 83,000 blood
donations were needed last year for about 20,000
patients across the Delmarva Peninsula.
For more information or to schedule an
appointment, visit www.DelmarvaBlood.org or
call 1 888 8-BLOOD-8.
update
Delivery Circle moving to county incubator center
(Click on image to the right for more on Delivery
Circle)
For more information on Delivery Circle
you can visit www.deliverycircle.com or for
more information the EEC you can visit www.
eecincubator.com.
T
he EEC business incubator continues
to expand with the acceptance of their
newest company Delivery Circle.
The EEC is a New Castle County Chamber
of Commerce initiative that assists early-stage
businesses by offering support, access, and advice.
The EEC provides entrepreneurs and startups access to mentoring, business education,
networking, office space, and other amenities. The
ultimate goal of the EEC’s incubation program is to
have these companies graduate with the sustainable
business model and create jobs in New Castle
County. The EEC is based in New Castle.
Delivery Circle is aimed at providing commuters
the opportunity to help the environment and at the
same time put a little extra money in their pockets
by picking up items from local businesses and
delivering it to consumers where they live or work.
Dollar Tree cited by OSHA
Dollar Tree has been cited for exposing
employees to safety hazards at a store located at
2603 Silverside Road near Wilmington.
Their technology connects local businesses
and their customers with a delivery person. The
customer has the option to pick the delivery person
based on the driver’s rate and ratings by customers
as well as the time you want your items to be
delivered..
Delivery Circle was a finalist in our Swim With
the Sharks Video pitch competition held at the
chamber’s Annual Dinner. The company believes
that the EEC will provide them with many benefits
to help them grow and become a successful
company.
The federal Occupational Safety and Health
Administration cited the company for three safety
violations - including two willful - following an
October 2013 inspection initiated in response to
a complaint alleging that emergency exits were
blocked and boxes were stacked dangerously high.
Proposed penalties total $143,000, an OSHA
release stated.
“These are common hazards found at retail
establishments,” said Prentice Cline, acting
director of OSHA’s Wilmington Area Office. “It is
Continued on next page
update
From previous page
imperative that Dollar Tree take the appropriate
steps to protect its workers by not only fixing the
dangers at this store, but by evaluating all locations
for similar safety concerns.” The willful violations
were cited because the company failed to keep
exit routes unobstructed and ensure material was
stacked in a way that was stable to prevent sliding
and collapse, according to a release.
The company also was cited for one serious
violation, which carries a $3,000 penalty, for
failure to ensure fire extinguishers were readily
accessible to employees without subjecting them
to injury. Dollar Tree Stores has 15 business days
from receipt of the citations to comply, ask for an
informal conference with OSHA’s area director or
contest its citations and proposed penalties before
the independent Occupational Safety and Health
Review Commission.
year.
EPA conducts evaluations every five years to
determine if the remedies at each site continue to be
protective of human health and the environment. In
addition to the technical work at the sites, EPA also
provides the public with the opportunity to evaluate
the preliminary findings of the review and provide
input on potential follow up that may be required as
part of the review. The Superfund sites where EPA is performing
five-year reviews this year in Delaware include
the following sites. See links below for further
information: Army Creek Landfill, New
Castle
http://www.epa.gov/reg3hwmd/npl/
DED980494496.htm
Coker’s Sanitation Landfill,
Cheswold
http://www.epa.gov/reg3hwmd/npl/
DED980704860.htm
Delaware City PVC,
Delaware City
http://www.epa.gov/reg3hwmd/
npl/DED980551667.htm
Dover Gas Light,
Dover
http://www.epa.gov/reg3hwmd/npl/
DED980693550.htm
EPA reviewing clean-up sites
The U. S. Environmental Protection Agency
is reviewing site cleanups and remedies at four
Superfund sites in Delaware. These routine checkups, known as ‘five-year reviews,’ will be done at
Superfund sites across the Mid-Atlantic region this
Slot theft theme alleged
A Dover Downs slot machine technician and
his wife were arrested following an investigation
by Delaware State Police Detectives assigned to the
Delaware Division of Gaming Enforcement.
Investigators said that James M. Crider used
his position as a slot technician to acquire TITOS
(ticket in, ticket out) from various video lottery
terminals. (Above is a photo of the couple).
He is accused of providing the TITO tickets to
his wife, Brenda Crider, who later redeemed them
at face value. The couple is accused of redeeming a
total of $15,543 in TITO tickets from March 2013
to April 2014.
James Crider was arrested for two counts of
Identity Theft, two counts of Theft greater than
$1,500, two counts of Burglary 3rd Degree and one
count of Conspiracy 2nd Degree. He was released
on $7,000 unsecured bond. Brenda Crider was
arrested for two counts of Theft Greater than
$1,500 and one count of Conspiracy 2nd Degree.
Brenda Crider was released on $3,000 unsecured
bond.
Over the Edge
Over the Edge, sponsored by TD
Bank and Brandywine Realty Trust,
raised more than $117,000 for Special
Olympics Delaware.
Alan Emerson, below left, was one of
76 people who went down the side of
the 300 Delaware Avenue Building in
Wilmington on May 8. At right, Chuck
Boyce of Brandywine Executive Centers,
makes his way down the building, as
did WDEL-AM morning news host
Mellaany Armstrong, lower right.
(Photo below by Ruth Coughlan)
travel
Frontier to add service from Denver in fall
F
rontier Airlines has released a fall schedule
through mid-December that at first blush
seems to keep the current schedule in place,
but adds to flight options from Wilmington/
Philadelphia (ILG).
adding veterans of low-fare carriers to its executive
suite. New CFO James “Jimmy” Dempsey has
more than than 17 years of experience in aviation
finance, most recently serving as treasurer of
Ryanair, the leading low fare carrier in Europe.
Flights from Wilmington to Frontier’s hub in
Denver will increase from three to five a week.
That would see to indicate the airline is working
to build a route that would appeal to both leisure
and business travelers. Frontier flights out of
Wilmington/Philadelphia typically operate a few
times a week and mainly cater to leisure fliers.
Named VP of Marketing was Tyri Squyres, who,
most recently served as the Director of Marketing
for Volotea Airlines, a successful start-up in the
European market.
Airline aiding economy
The ribbon cutting ceremony last year for Frontier
service from the airport in New Castle. Service
was launched in July.
The remainder come from car rental counters,
custodians and the Bama Cafe.
She was also VP for Marketing & Sales at
Allegiant Air, an ultra-low-fare carrier that is
earning strong profits. Earlier, Frontier announced
a new president with experience at Spirit Airlines,
which current Frontier owners Indigo Partners
helped build into a successful low fare carrier.
As noted last week, the airport boarded more
than 62,000 passengers between July 2013 and
January 2014, an impressive number for the small
Figures from Stephen Williams, who directs
terminal. Keep in mind that for service to continue,
airport operations for the Delaware River and
Indigo sold its stake in Spirit at a large profit and
Frontier will need to have 90 percent of its seats
Bay Authority, indicate that the scheduled service
bought Frontier from Republic. Frontier did not fit
accounts for 39 jobs. DRBA manages the airport in booked. Given the attraction for low fares and a
somewhat stronger economy, prospects look bright into that airline’s strategy of feeding traffic to hubs
New Castle.
of US Airways and other giant carriers from smaller
for keeping those seats filled.
cities. - Doug Rainey
Frontier and its service contractor account for 18
In working to fill those seats, Frontier Airlines is
jobs, with the TSA accounting for eight.
Ferry offers selected discounts
Delaware River and Bay Authority
officials announced a revised fare
schedule for the Cape May – Lewes
Ferry that offers discounts for seniors
and active duty military personnel.
R
The revised rate schedule is designed
to encourage ridership among two
military. ” Effective May 23, ferry
key demographic groups and to attract passenger rates for members of the
more ferry customers in the off-season. military and senior citizens (aged 62+)
will be $8 one way and $6 for the
According to Heath Gehrke, Director return trip between April and October. These new fares represent more than a
of Operations for the Cape May –
Lewes Ferry, the revised fare schedule is 10% discount compared to the current
responsive to customer feedback. “Our adult passenger rate.
senior customers, a very important
segment of our traveling customer,
asked for this senior discount, and we
listened,” Gehrke said. “Similarly, we
increased the discount, and increased its
availability for our active-duty military
customers. We’re hopeful that the new
senior fare classes will encourage more
seniors to use the ferry to explore the
other side of the Delaware Bay, and
we’re happy to recognize the service
to our country by the members of our
Roch Capital, Peak acquire
student rentals in W. Virginia
The revised fare schedule also reduces
off-season vehicle fares by $3, a 10%
savings. The fare roll back is aimed at
locals who comprise a major part of the
ferry’s customer base during the offseason. Gehrke noted that the roll back
in off-season vehicle rates and the
reduced fares for senior citizens and
military personnel are the first fare
reductions since 2005. Passenger and
shuttle fares are unchanged. och Capital, Glen Mills, Pa. and Peak Property Group, of
Columbus, Ohio, announced the acquisition of West Run
Apartments, a 992 bed, 332 unit, student housing community
at West Virginia University in Morgantown. Roch, has numerous
holdings that include Applied Bank, which operates a community
bank in Delaware.
West Run Apartments is comprised of 23, three-story buildings
featuring two, three, and four-bedroom floor plans located in close
proximity to the campus. Each unit comes furnished with all utilities
included and free access to the community’s private shuttle to and from
campus.
The property’s amenities, include a resort-style swimming pool, fullsize volleyball court, outdoor kitchen with grilling station, hot tub,
full-size basketball court, and outdoor fire pit.
West Run also has a 10,000 square foot clubhouse with game room,
fitness center, theater room, business center, and tanning booths. West
Run’s units feature private bathrooms off of each bedroom, balconies,
walk-in closets, Wi-Fi internet, cable television, washers and dryers,
and nine-foot ceilings.
The units are also are being updated to include hardwood floors.
people
Levinson heading
Bankers Association
Rodger Levenson, executive
vice president, WSFS Bank,
was elected and installed
as the Chairman of the
Delaware Bankers Association
(DBA) on May 8th at the
DBA’s 119th Annual Meeting Levinson
in Wilmington.
The DBA also elected and installed Lynda
Messick, President & CEO, Community Bank
Delaware, to the position of Chairman-Elect. Other
Members of the DBA Board Of Directors are:
Cynthia D.M. Brown, President, Commonwealth
Trust Company; David E. Gillan, Chairman of the
Board and CEO, County Bank (Past Chairman);
Mark A. Graham, EVP, Wealth Advisory Services,
Wilmington Trust; Rob Habgood, Unsecured
Credit And Underwriting Executive, Bank Of
America; Nicholas M. Marsini, Jr., Regional
President, PNC Delaware; Donna G. Mitchell,
President & CEO, Deutsche Bank Trust Company
Delaware; James Roszkowski, President,
Discover Bank; P. Randolph Taylor, President,
Fulton Bank, N.A., Delaware National Division,
and, William S. Wallace, President, Customer
Experience, Chase Card Services.
The Delaware Bankers Association is a not-forprofit, private trade association that represents
its members that are chartered to do banking
business in the State of Delaware in the areas of
State and Federal advocacy,
education, community outreach,
communications and events.
Vogt named Business
Development Sherpa
Managed services firm
MySherpa has hired
Michelle Vogt as its Business
Vogt
Development Sherpa. In this
role she will be responsible for
business growth via inside sales at the firm.
Vogt’s point of view is well aligned with
MySherpa’s intent for providing proactive service
and a high level of expertise to its clients. “My
success in business development has come not
only from learning to ask thoughtfully and listen
skillfully, but in having an honest rapport with
my contacts,” says Vogt. “They sense that my—
and, therefore, my company’s — goal isn’t ‘just
to sell them something’; it’s to become a trusted
partner they can turn to for guidance and solutions
that offer a real return on investment,” she says.
Previously Vogt worked for Expert Technology
Associates, a business communications provider in
Plymouth Meeting, Pa.
MySherpa provides managed computer
and cloud services to business in the greater
Wilmington and Delaware Valley areas.
Staff changes at offices of Carney,
Biden
Congressman John Carney announced his State
Director, Doug Gramiak, is leaving his position to
become Senior Strategist at Young Conaway Public
Strategies, LLC. Gramiak has been Congressman
Carney’s State Director since the beginning of the
Continued on next page
people
From previous page
Congressman’s first term in 2011. Prior to serving
in this role, Gramiak was Executive Assistant
during Congressman Carney’s two terms as
Delaware’s Lt. Governor from 2001 – 2009.
our office. We’ve worked together in many
different capacities over the years, and I’m glad
she’s rejoining our team. Molly has a keen
understanding of Delaware and the constituents
that I represent,” said Carney. “Having worked
in our office before, I’m confident Molly has the
knowledge and leadership skills to ensure that my
offices in Wilmington and Georgetown continue
serving Delawareans well.”
“Doug has been with me since I was first elected
Lt. Governor, and has been my closest and most
trusted advisor.” said Carney. “In this role, he
has provided tremendous service for the people
Carney has also promoted Albert Shields to
of Delaware. We will miss him and his departure
Deputy State Director. He will continue to be the
leaves big shoes to fill, but I’m excited for him as he
press contact for Congressman Carney’s Delaware
takes on this new opportunity.”
related activities, and will work closely with
Magarik to develop and maintain relationships
Molly Magarik will become State Director.
between the Congressman’s office and Delaware
Magarik previously worked for Carney in 2011
businesses and constituents.
and 2012 as Deputy State Director. She was
the campaign manager of his first bid for the
U. S. House in 2010, as well as his re-election
In a related move, Attorney General Beau Biden
campaign for Lt. Governor in 2004 after starting
announced today that Magarik, who joined the
as a volunteer during the 2000 election. For the
campaign in 2012, will be replaced by finance
past two years, she worked as Political Director for director Joshua Alcorn.
Attorney General Beau Biden.
“I’m very happy to welcome Molly back to
Alcorn joined the Attorney General’s political
operation in February of 2013. Previously, he
worked for United States Senate Majority Leader
Harry Reid, rising to be the leader’s finance
director during the 2012 cycle. Alcorn also worked
on the finance and field teams for the Joe Biden for
President Campaign in 2007-08.
Naviant names board members
Navient, a loan management, servicing and asset
recovery company, announced that William M.
Diefenderfer III will serve as founding chairman
of its Board of Directors.
“Our newly created Board of Directors is
honored to be part of Navient’s mission to help our
customers navigate the path to financial success,”
Diefenderfer said.
Diefenderfer and six other Navient board
members played an integral role in the creation of
Navient during their previous service on the Sallie
Mae board. They are Ann Torre Bates, Diane Suitt
Gilleland, Barry A. Munitz, Steven L. Shapiro,
Barry Lawson Williams, and President and Chief
Continued on next page
From previous page
Executive Officer John (Jack) F. Remondi.
Diefenderfer has been a partner of Diefenderfer,
Hoover, Boyle & Wood in Pittsburgh, Pa., since
1991. From 2000 to 2002, Diefenderfer was the
chief executive officer and president of Enumerate
Solutions, Inc. Previously, he served as deputy director of the U.S. Office of Management and Budget from 1989 to 1991.
He is also chairman of the Board of Directors of
CubeSmart, and is active with the American Legion Veterans Policy Oversight Committee. He
was a member of the Standing Advisory Group
of the Public Company Accounting Oversight
Board, from 2004 to 2005, and Commission on
the Future for America’s Veterans. He served in the
United States Army including tours in Alaska and
Vietnam.
In addition, Jane J. Thompson, chief executive
officer of Jane J. Thompson Financial Services LLC,
a management consulting firm, will serve on the
Navient Board of Directors. Ms. Thompson has led
multi-billion dollar organizations in financial services, most recently as president, financial services,
Walmart Stores, Inc., from 2002 to 2011. She led
the consumer credit businesses at Walmart and at
Sears, Roebuck & Co., where she led operations,
marketing, and finance.
Add us to your business toolbox
We offer affordable, targeted advertising for your
business. Call Doug Rainey at 302.753.0691 for a
custom quote. Email: drainey@DelawareBusiness.
Daily.com
business licenses
Editor’s note: Business
licenses are issued by
the State of Delaware as
a revenue raising tool.
These are licences for new
businesses, dating from Jan.
1, 2014
Services
INTELEX MICRO INC 34936 SUSSEX
HWY UNIT 1 DELMAR, DE 199403351 ISOFTMART SOLUTIONS 34 RICE
RUN E BRUNSWICK, NJ 08816-5691 JACKSON KATIE KATES KARE 58 S
DICKENS RD CLAYMONT, DE 197031411 JACKSON STEPHANIE SHEILA’S
DREAMS HOME CHILDCARE 1841
W 6TH ST WILMINGTON, DE 198053005 FUENTES, KARLA’S
BABYSITTING 12JACQUELINE DR GEORGETOWN, DE 19947-2184 KATES KINDER CARE 281 CYPRESS
BRANCH RD MAGNOLIA, DE 199621213 JG CONSTRUCTION JUAN GABRIEL
MARIN PEREZ 35822 BETHANY
CREST LN OCEAN VIEW, DE 199703530
KGL REALTY LLC 1627 NEW JERSEY
AVE OFC 2 NEW CASTLE, DE 197201933 MARIN PEREZ 35822 BETHANY
CREST LN OCEAN VIEW, DE 199703530 KIDS UNIVERSITY EARLY LEARNING
891 PULASKI HIGHWAY BEAR, DE 19701 JGARVEY ENTERPRISES,
INC. CERTAPRO PAINTERS OF
WILMINGTON 2 HEATHERSTONE
WAY HOCKESSIN, DE 19707-9406 KIDZ ZONE CHILD CARE INC. 310
WALKER RD DOVER, DE 19904-2848
Wholesaler
KARLA PAOLA OROZCO
J&J SERVICES SWIMMING POOLS
& BI J&J BILLIARDS STE 3 2908
MILFORD HARRINGTON HWY Milford
Harrington Hwy. Milford, Del. 19963
KESSELRING NELSON KESSELRING
PRECISION SPRAYING 22852 E
TRAP POND RD GEORGETOWN, DE 19947-4727
JEFFERSON KELLY Y JEFFERSON
STRATEGIES 30 DANBURY
DR NEWARK, DE 19702-4238 JZ CLEANING 216 BINSTEAD
AVE WILMINGTON, DE 19804-3602
J & R PAINTING AND
WALLPAPER 405 WELDIN RD WILMINGTON, DE 19803-4937 KATES KINDER CARE 281 CYPRESS
BRANCH RD MAGNOLIA, DE 199621213 JANKOWSKA LIDIA COGNITO
ACADEMY EXTENSION 412 JAYMAR
BLVD NEWARK, DE 19702-2837 JUSTICE MELISSA PROFESSIONAL
THERAPEUTICS 2608 WILSON
AVE CLAYMONT, DE 19703-1873 2828 JG CONSTRUCTION JUAN GABRIEL
MARIN PEREZ 35822 BETHANY
CREST LN OCEAN VIEW, DE 19970
3530 KIEFFER CASEY A CKB EVENTS 703
N WASHINGTON ST MILFORD, DE 19963-2518 JOHNSON DEIDRA C VILLAGE PREP
ACADEMY 28 CHARLES DR NEW
CASTLE, DE 19720-4670
J & J CONCRETE LLC PO BOX
291 NORTH EAST, MD 21901-0291 IRON HILL TACTICAL SUPPLY 10
ALLEGRETTO RD NEW CASTLE, DE 19720-1504 JULIE WYATT DESIGNS 27 COBBLE
CREEK CURV NEWARK, DE 197022439 K SUPPLY COMPANY INC 187 KENT
DR SEAFORD, DE 19973-1585 Retailer
JUSTMAR LLP 42 PRINCETON
CT NEWARK, DE 19702-5211 JUNKYARDNUT LLC 189 BERGOLD
LN DOVER, DE 19901-7083 K & L INC 287 CHRISTIANA RD STE
12 NEW CASTLE, DE 19720-2978 Employment agency
JACKSON NURSE PROFESSIONALS
LLC 12124 HIGH TECH AVE STE
300 ORLANDO, FL 32817-8374 Motor Vehicle Service
JAMIE’S AUTO REPAIR SOUTH
LLC 98 MAIN ST TOWNSEND, DE 19734-9047 JOHN L HASTINGS LLC HASTINGS
Lessor
HOME SERVICES 5006 OLD
SHARPTOWN RD LAUREL, DE 19956- JANISZEWSKI ROBERT C 2394
DUPONT PKWY MIDDLETOWN, DE 4021 19709-9351 JOHNNY R MILLER 1440 JEBB
Lessee
RD CAMDEN WYO, DE 19934-3506
LA FAMILIA CHECK
KAUFFMAN DOUGLAS A 4556
CASHING 1644 W 4TH ST FRNT
WHITELEYSBURG RD HARRINGTON, STORE WILMINGTON, DE 19805DE 19952-5318 3590 KB HOME SERVICES LLC 1137
KEENER-SENSENIG LLC 491
WORTH LN CLAYMONT, DE 19703GENDER RD NEWARK, DE 197133305 2828 KC INTERIOR DESIGN LLC 17
CRAGMERE RD WILMINGTON, DE 19809-2308 Contractor
IIZ EXCAVATING LLC 472 KIRKS MILL
KEENER-SENSENIG LLC 491
RD NOTTINGHAM, PA 19362-9013 GENDER RD NEWARK, DE 19713
KING OF SWEETS SYSTEMS INC. 47
S WEST ST DOVER, DE 19904-3265 Mover
JC TRUCKING 206 ELDERFIELD
RD NEWARK, DE 19713-3909 JOHNSON SR MICHAEL J&J
TRANSPORTATION 621 S HARMONY
RD NEWARK, DE 19713-3340 JOHNSON SR MICHAEL J&J
TRANSPORTATION 621 S HARMONY
RD NEWARK, DE 19713-3340 Alcohol retailer
JIN SOOK INC VILLAGE
PACKAGE 1614 S GOVERNORS
AVE DOVER, DE 19904-7004 Retailer
JINIR INC SUBWAY 1012 KIRKWOOD
HWY WILMINGTON, DE 19805-1560
Public utility tax JIVE COMMUNICATIONS INC 1275
W 1600 N # 102 OREM, UT 840572428 Direct care worker
JOHNSON LAQUANA PO BOX
1783 DOVER, DE 19903-1783 KANGARA LUCY W 776 E
PROVIDENCE RD APT D401 ALDAN,
PA 19018-4341
Counselor
JONES AMY AMY JONES LPCMH
CEAP 260 CHAPMAN ROAD SUITE
201 F NEWARK, DE 19702-5491 Restaurant
K & Q ENTERPRISES LLC CITY
TAVERN 401 S CLAYMONT
ST WILMINGTON, DE 19801-5805
Finance or small loan agency KEYBANK NATIONAL
ASSOCIATION 127 PUBLIC SQ CLEVELAND, OH 44114-1217