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FINAL THOUGHTS with CHRIS BASON William Kurt Foreman and Michael J. Quaranta Take Charge of Delaware's Two Largest Business Grou

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FINAL THOUGHTS with CHRIS BASON William Kurt Foreman and Michael J. Quaranta Take Charge of Delaware's Two Largest Business Grou 5Q with Thomas J. Hanna May 1, 2018 | Vol. 5 • No. 9 | DelawareBusinessTimes.com | $2.00 8 2018 SMALL BUSINESS WINNERS 14 NEW ERA FOR DOWNTOWN SMYRNA 20 SHARED MISSION William Kurt Foreman and Michael J. Quaranta take FILLING VACANCIES charge of Delaware's two largest business groups | 11-13 IN DOVER 22 FINAL THOUGHTS WITH CHRIS BASON Director, Delaware Center For Inland Bays 35 2 | May 1, 2018 DELAWARE BUSINESS TIMES DelawareBusinessTimes.com Brian Simmons and Steve Masterson CO-FOUNDERS WASTE MASTERS SOLUTIONS An environment for growth. Understanding what’s important. When Steve Masterson and Brian Simmons founded Waste Masters Solutions, there was never a question of which bank they would choose. M&T Bank’s service-oriented approach was ideal for their environmental solutions company. Since 2010, our guidance and financing resources have supported their goals for expansion. And Waste Masters Solutions is well on its way, now working with large-scale clients, including two major sports franchises across the tri-state area. To learn how M&T can help your business, call Mark Hutton at 302-651-1204 or visit mtb.com/commercial. DEPOSITORY AND LENDING SOLUTIONS | TREASURY MANAGEMENT | MERCHANT SERVICES | COMMERCIAL CARD Equal Housing Lender. ©2018 M&T Bank. Member FDIC. 16773 Delaware Business Times / 10”w x 13”h DelawareBusinessTimes.com DELAWARE BUSINESS TIMES May 1, 2018 | 3 FIRST LOOK Founded 2014 A Biweekly Newspaper Serving Sen. Coons’ star — like his mentor Joe Biden’s — clearly is in ascension Delaware’s Business Community Vol. 5, No. 9 dated May 1, 2018 U.S. Sen. Chris Coons’s committee Keep in mind that Delaware is a state that sent a liberal © Copyright 2017 by Today Media, All Rights Reserved. vote of “Present” to forward CIA Joe Biden, a conservative Bill Roth and a Rockefeller This newspaper or its trademarks may not be reproduced in whole or in part in any form or by Director Mike Pompeo’s name Republican Mike Castle to Congress for years, retaining any means electronic or mechanical, including forward to become America’s next moderate Democrats like Tom Carper for governor. photocopying or recording, or by any information storage and retrieval system now known or hereafter Secretary of State may have been an Despite political forces that continue to pull elected invent without written permission from the Publisher. exceptional signal that re ected what o cials to the fringes, voters still remain for the most For licensing, reprints, e-prints, plaques, e-mail his home state voters expected of him. part centrist. [email protected]. Sen. Coons, a liberal by any While no evidence exists that President Trump enjoys CEO/President Sam Waltz de nition, compromised his any resounding popularity in the First State, Delaware Founding Publisher Publisher principles a bit to give President voters still value the fairness of giving the POTUS the Robert F. Martinelli Trump the team on the eld that team he wants, hence, the reasonableness of Sen. Coons’s Associate Publisher Chris Walus Trump says he needs for the good of our country. “Present” vote. I rst met Sen. Coons in October 1993, when he served “Shared concern for their families and their Editor Christi Milligan as a young lawyer laboring mightily as an extended part communities, people who want to make a di erence” is of the Gore family at the W.L. Gore family business. how Delaware money-manager excelsior Murray Sawyer Digital Editor/Senior Reporter Alex Vuocolo We sat shoulder-to-shoulder for several years as volunteers recently described his Westover Capital rm’s Delaware- Copy Editor on chamber of commerce legislative committees. centric clientele in a country club economic outlook Al Kemp Clearly a conscientious progressive and even liberal as conference. It would not be surprising to nd as many Director of Digital Strategy the term fell into some disrepute as a political label, Democrats in that Westover audience as Republicans. Greg Mathias Coons at the time remained “a business Democrat.” Sawyer went on to attribute values he’s discovered Vice President of Business Development Today, his liberal bona des are such that if Joe Biden among those Delaware elites to include decency, openness Charlie Tomlinson does not become the Democrats’ presidential nominee in and intellectual curiosity. Left unsaid, but assumed, of Director of Business Development 2020, taking Massachusetts U.S. Sen. Elizabeth Warren course were commitments to a small-D democratic Avie Silver with him as his VP pick, I would not be surprised to see society and free enterprise AKA capitalism. Sales Chris Coons as a VP pick under the alternate Democrat James Pethokoukis, a scholar at the American Lisa Fleetwood, Roger Girke presidential nominee Sen. Warren. Enterprise Institute and the keynote speaker at Sawyer’s Tiffany Giroux Sen. Coons’ star — like his mentor Joe Biden’s — late April event, warned the audience of demographic Art Director clearly is in ascension. shifts that presage a fundamental shift, if not erosion, Chris Johnson He has done an incredible job of not only positioning in those core shared values. Production Manager himself as a conscience of the left, but getting media “More than 30 perc ent of the millennial generation — Donna Hill accolades and coverage for how he’s done it. those roughly 35 and younger today — say that democracy Graphic Designer C. Belinda Cimo Except for the hard-core liberal fringe on the extreme is not essential in our society,” Pethokoukis warned. “And left that has been in frothy uproar over all Delaware’s some 42 percent of the millennials say capitalism is not Book Of Lists/Audience Development Specialist Mike Rocheleau Democrat leadership, Gov. Carney, Sen. Carper and Sen. essential.” Founding Publisher Coons, and except for what seems to be a conservative Racial, a uence, geographical and other attributes of Sam Waltz bloc that appears less driven by making the state into a society in general would be re ected in the millennial Today Media monotheistic society, Delaware’s electorate for today generation. As a result, those are attitudes that should President: Robert F. Martinelli still seems solidly anchored in the middle. create concern for all of us. Vice President: Ralph A. Martinelli Secretary-Treasurer: Richard Martinelli Chairman: Angelo R. Martinelli WHAT’S INSIDE ON THE COVER GET MORE NEWS For advertising information [email protected] In Review 4-6 302.504.1270 5Q 8 For subscription information DelawareBusinessTimes.com/Subscribe Business News 9-16 800.849.8751 Book of Lists 28 To submit press releases or story ideas Want more news while [email protected] Know How 29 on the go? Sign up for Delaware Business Times is printed 26-times per year by Viewpoint 26, 27 our daily E-Newsletter: Today Media, 3301 Lancaster Pike Suite 5C, Wilmington DelawareBusinessTimes.com DE 19805 and is available by subscription for $59.00 Biz Calendar 32 per year. Single copy/back issues are available at the People on the Move 33 cover price of $2.00 plus $2.00 shipping and handling. William Kurt Foreman and Attention Postmaster: Send address changes to Highlight Reel 30-31 Delaware Business Times, PO Box 460516, Escondido, Michael J. Quaranta CONNECT WITH US CA 92046-9808. Application to mail at periodicals Final Thoughts 35 PHOTO BY LUIGI CIUFFETELLI postage prices is pending at Wilmington, Delaware post offi ce and additional mailing offi ces. Facebook.com/DelawareBusinessTimes Delaware Business Times cannot be responsible for the return of unsolicited material with or without the Spotlight: Kent County inclusion of a stamped, self-address return envelope. Downtowns are making a comeback. Two demographics are fueling their Information in this publication is gathered from revival: the 55-plus crowd that has grown tired of the mall experience @DEBusinessTimes sources considered to be reliable, but the accuracy ad completeness of the information cannot be guaranteed. and longs for the personal service they may have experienced in their No information expressed herein constitutes a youth, and the millennials who prefer living and recreating in an urban Linkedin.com/Company/Delaware-Business-Times solicitation for the purchase or sale of any securities. environment. | 19-25 4 | May 1, 2018 DELAWARE BUSINESS TIMES DelawareBusinessTimes.com IN REVIEW NEWS BRIEFS trends will mean a reduction in opioid addiction and deaths.” Delaware makes list of 10 Friendliest States for Online Businesses 25 census tracts across Delaware designated as Opportunity Zones these show that the public policies we have put in place are having a positive impact,” said Gov. John Carney. “Health-care practitioners in Delaware Gov. John Carney recently announced that are partners in the shared e ort to overcome this 25 census tracts in Delaware were designated as crisis, and we are seeing the results of changes in Opportunity Zones by the U.S. Department of prescribing practices that will, without question, Treasury. is could mean more private investment save lives across our state.” in economically distressed communities around e Division of Professional Regulation reported the state. a 14 percent drop in opioid prescriptions and 18 Opportunity Zones encourage private investment percent decline in the total amount of opioids by o ering tax incentives to investors. Carney dispensed. nominated the tracts earlier this month. e key regulations took e ect on April 1, Delaware made Frontier Business’s list of the “Strengthening neighborhoods and communities 2017. ey established a tighter regiment for 10 Friendliest States for Online Businesses across Delaware helps improve our economy, when and how much doctors can prescribe. It also e communications services company based stabilize families, and make our state an even better required more routine checks of the Prescription the ranking on economic climate, workforce, place to live, work and visit,” said Gov.
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