Delaware Business Blog

Carol A. Overland, an attorney in Minnesota reports that Moventas is building a wind turbine gearbox manufacturing facility in Faribault, Minnesota. This company is in the middle of a nearly $145 million worldwide expansion. She laments the cost of securing the facility …

A new report by Robert W. Fairlie, Ph.D. titled Estimating the Contribution of Immigrant Business Owners to the U.S. Economy highlights the contributions of immigrant owned small business. Noted in the research summary are the following:

Accugenix has completed another step of its management transition as Roger Nalepa has been promoted to the position of CEO & President. Former CEO and founding board member Doug Smith has moved to Vice President of Research & Development and will return to his passion. He feels confident with Nalepa taking the reins: �Accugenix is [...]

Wonder no longer. Here is a privately held Delaware company that supplies arms to Iraq that are sourced from around the world. It appears Iraq cannot afford brand new high tech main battle tanks, so they are currently purchasing used Russian built T-72′s. Pennsylvania-based Defense Solutions, Inc. delivered seventy-seven (77) T-72 Main Battle Tanks and [...]

Delaware has been working hard to attract and retain entrepreneurs and technology based companies to the State. They are even willing to pay to do it. PAIR Technologies was recently awarded a $50,000 Delaware Strategic Fund grant through the Delaware Economic Development Office to help the company continue its research and development of the patented [...]