Mark Vergnano speaks for Chemours, advocating for UD's STAR Campus. STAR has great potential regarding economic development and is an asset that should be supported.
by Mark DiMaio
Over 230 State Chamber members took our 10-question survey on Delaware’s economic health and key policy issues. The survey is an important tool in taking the pulse of our membership’s view of the national and local economy as well as level setting their policy priorities.
The State Chamber was excited to be present for the expansion ceremony of member, Adesis, on March 2, at their New Castle facility. The company, along with its Universal Display associates, hosted state and local officials, including Governor John Carney, Senator Tom Carper, the Delaware Prosperity Partnership, and other members of the community to celebrate the groundbreaking of its new state-of-the-art laboratories.
Adesis, Inc., is a contract research organization (CRO) supporting the pharmaceutical and biopharmaceutical industry, biomaterials, and catalysts industry. Adesis began operations in Delaware in 1991 and has grown in size, operations and employees, ever since. It was acquired in 2016 by Universal Display Corp., of Ewing, New Jersey.
Adesis is housed on McCoullough Drive, and had been renting the space for about twenty years. Citing their investment in the building, Delaware's central location to its customers, and the number of employees who live near the facility, the decision to purchase the facility and stay in Delaware, was relatively easy to make.
The company also announced this past December that it would join the entrepreneurial innovation community of the Delaware Innovation Space (DISI). Adesis signed an agreement with DISI for approximately 7,000 square feet of laboratory space at the Experimental Station in Wilmington, Delaware.
The new suite of laboratories, which includes additional ancillary work and meeting space, will augment Adesis’ on-going operations at McCullough Drive.
You can read the company press release about the expansion ceremony here.
by Mark DiMaio
In 2017, we invited Chamber members to participate in a survey to gauge their view of Delaware's economic health, and provide input on policy priorities. Listed below are the top four, along with ways the Chamber is addressing them.
1. Economic Development
The Chamber is dedicated to promoting an economic climate that strengthens the competitiveness of Delaware businesses and benefits citizens of the state.
2. Cost of Health Care
The Chamber recognizes the growing problem surrounding health care costs.
3. Government Spending
We will continue to advocate for structural changes to Delaware’s budget. Delaware needs fiscal policies that foster business growth and advance the state’s long-term economic future.
4. Education Reform (K-12)
Improving education outcomes is a key factor in developing a skilled workforce and attracting new business to Delaware.
Contributed by DSCC Member Adesis
Adesis, Inc., a wholly-owned subsidiary of Universal Display Corporation (Nasdaq: OLED), today announced that it will open a new suite of state-of-the-art laboratories in Delaware and expand its organic chemistry team and R&D programs. This additional footprint is expected to help drive growth opportunities in areas including next-generation OLED (organic light emitting diode) emitter and host materials and meet the growing demand for the Company’s custom organic synthesis, research & development, and specialty manufacturing services. Adesis also announced that it became a sponsor of Delaware Innovation Space (DISI) and joined its entrepreneurial innovation community. Working with DISI, Adesis signed an agreement for approximately 7,000 square feet of laboratory space at the Experimental Station in Wilmington, Delaware. The new suite of laboratories, which includes additional ancillary work and meeting space, is expected to augment Adesis’ on-going operations and recently-purchased 47,500 square feet headquarter building in New Castle.
“Delaware is home to a number of great chemical and manufacturing companies like Adesis, who are committed to making a world-class product with a great local workforce,” said U.S. Senator Christopher Coons (D-Del.). “I am delighted to see Adesis and their parent company UDC grow in Delaware as they expand their market reach and product offerings to more users around the world.”
“We are pleased to announce our expanding footprint and increased investment to further boost research, innovation and job opportunities in Delaware,” said Andrew Cottone, President of Adesis, Inc. “As a leading organic synthesis CRO (contract research organization), we are adding to and extending our discovery services and process development capacity for customers across the pharmaceutical, chemical, biomaterials, and catalysts industries. We are enhancing our productivity and effectiveness by streamlining the technology transfer and optimizing the workflow from basic research to specialty manufacturing. Furthermore, by co-locating in our New Castle headquarters and the Experimental Station, we believe that we are building a world-class technology and manufacturing hub to support our customers from innovation to commercialization.”
“Adesis continues to invest in Delaware, and we are thrilled that the company will bring its long track record of innovation to the Delaware Innovation Space,” said Governor John Carney. “We partnered with DuPont and the University of Delaware to create the Innovation Space to foster growth of early-stage scientific-based companies, and encourage collaboration among Delaware’s most talented innovators. The addition of Adesis will support that mission, and we’re thankful for the company’s continued partnership.”
This recent expansion by Adesis was rapidly enabled by the seamless cooperation of the Delaware government and business leaders who have fostered a robust scientific ecosystem.
“The Delaware Innovation Space is pleased to be able to support the growing needs of Adesis and accelerate its business forward right here in Delaware,” said Bill Provine, CEO of the Delaware Innovation Space. “Adesis will be a great new member of our science-based innovation community, and we look forward to working with them to further capitalize on the strengths of our new entrepreneurial ecosystem.”
Adesis has also been assisted by the newly formed Delaware Prosperity Partnership (DPP). The DPP was recently created by Delaware as a public/private partnership to accelerate economic development efforts.
“It has been a pleasure working with Andrew Cottone and Adesis to help facilitate their Delaware expansion, both in New Castle and at the Delaware Innovation Space,” said John Riley, Interim CEO of the DPP. “This would have been difficult to accomplish had the State, DuPont, and the University of Delaware not set the foundation for success with the formation of the Delaware Innovation Space earlier this year.”
Agilent Technologies Inc. (NYSE: A) today announced that it has been selected as 2017 Company of the Year by Instrument Business Outlook (IBO).
IBO is a respected industry newsletter that tracks trends in the laboratory products markets, monitoring hundreds of life science and analytical instrument companies on a daily basis.
Managing Editor Tanya Samazan noted: "Agilent has grown sales since fiscal 2015 while keeping costs constant. The company's fiscal 2017 revenue growth was its fastest since fiscal 2010. Agilent's new investments have also paid off. Changes include an expansion of Agilent's diagnostics business, entry into new markets such as cell analysis and Raman spectroscopy, and additions to successful franchises in NGS sample preparation and LC/MS, among other key product launches."
"We are pleased that IBO has recognized Agilent as their 2017 Company of the Year, citing our impressive growth," said Mike McMullen, Agilent's president and CEO. "Having the right strategy to secure growth is pivotal, but equally crucial is the right team, resolute in their commitment, and with one focus - to provide solutions and services which enable Agilent´s customers to be successful across the all the markets we serve."
The newsletter highlighted Agilent's increased growth in revenues, operating profit, and net income, noting that the gains were the result of a sustained effort to position the company for future growth.
"It is rewarding that an organization with an in-depth knowledge of the industry, such as IBO, recognizes Agilent´s current strategy is the right one resulting in consistent growth," said Patrick Kaltenbach, president of Agilent's Life Sciences and Applied Markets Group. "Growth fueled by our focus on Innovation with Purpose, introducing differentiated solutions to address customer needs, and our strong Operational Excellence in developing, manufacturing and commercialization of our products, all complemented by our recent acquisitions."
IBO is a twice-monthly publication of SDi, a division of BioInformatics LLC, which offers custom market research and consulting, and strategic advisory services. IBO will present the award to Agilent at the annual conference of the Society for Laboratory Automation and Screening (SLAS) in San Diego in early February.
Manufacturing Matters: Edgewell Personal Care Bolsters Local Manufacturing, Creates 140 Jobs in Dover
On December 7, Edgewell Personal Care, parent company of leading global personal care brands in the shave, feminine care, sun care, skin care and infant markets, joined colleagues, local officials, community leaders and Walmart representatives to recognize Edgewell’s commitment to local manufacturing and job creation. Edgewell recently completed the consolidation of its North American Feminine Care production at the company’s manufacturing facility in Dover, Del, resulting in 140 new jobs. Additionally, the company celebrated Walmart’s 10-year commitment to buy an additional $250 billion in products supporting American jobs by 2023.
“Within all of Edgewell’s manufacturing sites, we know that operating with passion, integrity and respect ultimately provides the best products and experience for our customers and consumers,” said Chris Crowell, vice president, Edgewell global operations. “As we strive to produce products that enhance the well-being of our consumers, it’s equally important that we manufacture these products as close to our customers as possible so we may respond quickly to their needs. This consolidation in Dover is an important step in positioning Edgewell to meet the requirements of our U.S. shoppers.”
Based on data from Boston Consulting Group, it’s estimated that one million new U.S. jobs will be created through Walmart’s initiative, including direct manufacturing job growth of approximately 250,000, and indirect job growth of approximately 750,000 in the support and service sectors.
“Our customers have told us that second to price, where products are made influences their purchase decisions,” said Cindi Marsiglio, Walmart’s vice president of U.S. manufacturing. “We are focused on buying great quality products that create jobs in communities across the U.S. It makes sense for our customers, our communities and our company.”
For more information about Edgewell Personal Care and its portfolio of leading personal care brands, please visit www.edgewell.com.
Maybe it’s a continuation of my turkey coma, but I saw a lot of positive things happening this week in and around Delaware you may have missed. Chamber member, and Taste of Delaware participant, Waggies by Maggie & Friends, a Wilmington nonprofit dog treat company that employs people with intellectual disabilities, has won the $10,000 grand prize in M&T Bank’s first Understanding What’s Important Business Challenge. Maggie’s has been a great friend of the Chamber, and everyone here is so pleased at their award. Congrats!
The announcement of a sports arena to be built by the Riverfront, with a connecting bridge to area attractions like Iron Hill and Frawley Stadium, is huge for Wilmington. Above and beyond what it can bring for economic development, it’s a major quality of life project for an area of the City that desperately needs one. Kudos to Governor Carney, Mayor Purzycki, and BPG for working together to bring this project to Delaware.
Speaking of Governor Carney, you may have read about the release, a bit early, of his Wilmington schools plan. While the plan will undergo a number of changes, what struck me was the Governor taking the time to visit residents of Wilmington in person, urging them to participate in the process and to educate them about what his plan will mean for Wilmington kids and families. Door knocking can be hard, and at times even unpleasant, but it’s also one of the best ways to sell your message. Color me impressed.
Lest you think I’ve lost my Grinch-esque ways, let me end by saying we’re following chatter that there’s an effort afoot to build support in order to increase Delaware’s Renewable Portfolio Standard to 50%, with an 8% carve out for solar generation. Currently, Delaware’s Renewable Portfolio Standards (RPS) are established by the Renewable Energy Portfolio Standards Act (REPSA), which provides that utilities procure an increasing percentage of their electricity from renewable resources, leading up to 25% of energy derived from renewable sources by 2025. Obviously we’ll be watching this closely.
James DeChene is the Chamber's Senior Vice President of Government Affairs.