Delaware Business Magazine - January/February 2024

Page 61

Advocacy & Economic Development In October, Georgia-based Agile Cold Storage broke ground for its $170 million Claymont facility, which is bringing 130 new jobs to Delaware.

Setting the Stage 2023 developments prime Delaware for further prominence and growth in 2024 BY KURT FOREMAN

DELAWARE PROSPERITY PARTNERSHIP (DPP) finished its sixth full year of operation—working in cooperation with statewide partners and investors—and is proud to have supported 64 location and expansion projects that have brought more than $1.78 billion in capital investment to Delaware since 2017. We’re also glad that these projects include more than 8,500 new and retained jobs, which helped Delaware reach its highest-ever employment total—nearly 487,000 jobs—in 2023. As in years past, DPP-assisted projects included both businesses new to Delaware and existing Delaware businesses. For example, Georgiabased Agile Cold Storage announced in August that its first out-of-state location would be in Claymont’s First State Crossing and broke ground for the high-tech 250,000-square-foot facility in October. The $170 million project is bringing highly sought new investment and industry DELAWARE BUSINESS

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Ja nu a r y / Fe br u a r y 2024

to Claymont along with 130 new jobs. According to Agile Cold President and CEO Don Schoenl, Delaware has “delivered on every promise made” throughout the two years it took to bring the business here. He and fellow company officials are grateful for the responsiveness and attention that our state, county and local officials have provided. Among the businesses already operating in Delaware who worked with DPP to launch expansion projects in 2023 was Evernorth Health Services’s Accredo Specialty Pharmacy. The company’s new $89.2 million, approximately 200,000-square-foot facility in Newark is replacing an existing location in New Castle and will be staffed by 87 retained workers and 132 new employees. This project will support patients diagnosed with severe medical conditions and the providers who treat them by enabling the company, as 59


Articles inside

Newsbites

10min
pages 80-82

Innovation in Action

4min
pages 78-79

The Realities of Retail

3min
pages 76-77

Retail's Path Forward

3min
page 74

Made Locally, Utilized Globally

3min
page 72

Breaking Through the Noise

4min
pages 70-71

A New Threat

4min
page 68

We Must Do Better

5min
pages 65-66

Setting the Stage

4min
pages 61-62

Skills-Based Hiring and Equity

3min
page 58

Pushing New Innovations

3min
pages 56-57

What a Difference a Year Makes

4min
page 54

Smart Fiscal Policy Pays Dividends

3min
page 52

Building on Continued Progress

4min
pages 50-51

Diverse by Design

3min
page 48

Neurodiverse Workers Delivering Results

3min
page 46

Powering a Brighter Future

4min
pages 44-45

Local and Global Impact

8min
pages 40-43

From Classrooms to Clinics

3min
page 26

Ambassador Spotlight: Natalie Hines

2min
page 25

Pamela W. Cornforth Honored with Gilman Bowl

3min
pages 24-25

Collecting Blood in the 21st Century

3min
page 22

Diverse Supplier Spotlight: Blackwell HR Solutions

3min
page 21

Business Spotlight: Summit Aviation

3min
page 19

Legislative Priority

3min
page 17

2024 Priorities for Delaware

2min
page 15

Chair's Message

3min
page 10

Message from the President

3min
page 5
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