From Brandywine Beginnings to Historic Mega Merger
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Building’s back Harvey, Hanna starts 100,000-square-foot industrial building 4 August 22, 2017 | Vol. 4 • No. 17 | $2.00 DelawareBusinessTimes.com LIVE NATION’S ALLEGIANCE TO THE QUEEN 6 MUSIC SCHOOL IN TUNE WITH THE TIMES 7 DowDuPont From Brandywine beginnings A SMARTER WAY TO BARTER to historic mega merger 10 SPOTLIGHT: EDUCATION CERTIFICATE PROGRAMS FLOURISH IN STATE 12 2 August 22, 2017 DELAWARE BUSINESS TIMES DelawareBusinessTimes.com FIRST LOOK Founded 2014 A Biweekly Newspaper Serving Delaware’s Business Community Trump should own “hate has no home here” slogan Vol. 4, No. 17 dated August 22, 2017 © Copyright 2017 by Today Media, All Rights Reserved. This newspaper or its trademarks may not be “Hate has no great commandments, “Love your memorial in Colleville-sur-Mer, reproduced in whole or in part in any form or by any means electronic or mechanical, including home here.” neighbor as yourself.” at basis for Normandy, France. photocopying or recording, or by any information Owned by the the resistance signage is about as As I walked among 9,500 graves, storage and retrieval system now known or hereafter resistance (to aspirational as any of us could be. It invent without written permission from the Publisher. the Christian crosses and the Stars For licensing, reprints, e-prints, plaques, e-mail President Trump) should not be the exclusive province of David bleached by decades in the [email protected]. movement, it’s a of the resistance movement. sun, the goosebumps quickly became wonderful slogan e problem is that in the CEO/President Sam Waltz tears, and, in moments, my tears Publisher Founding Publisher representing a pendulum swing of today’s politics, Robert F. Martinelli near-universal as Americans rst, we’ve shifted our turned to sobs, as I thought about Editor aspirational value. attention from the values that unite the young men in the ground at my Christi Milligan President Trump should “own” us instead to the di erences that feet, mostly 18 to 22 years old, who News that statement. divide us. had given their all, perishing in the Senior Reporter D-Day landing at Omaha Beach for Kathy Canavan I’ve counseled leaders throughout Like more than 10 million of my public a airs career, from CEOs us who served in the U.S. military the American concepts of freedom. Digital Editor/Senior Reporter Alex Vuocolo to top elected o cials to clergy and during the Vietnam era, I volunteered Our country is a great country, others. because I “drank the Kool-Aid” of Copy Editor better than any in history. A Al Kemp If I were counseling President the American ideal. Heck, as an old democratic republic. A free-market Trump, I’d tell him he should open Illinois farm boy, grown up and come Director of Digital Strategy society. A Bill of Rights that Greg Mathias and close every speech, every public to town, I still drink that Kool-Aid. guarantees our rights to pray to the appearance, every tweet with that Every day. Christian. American Director of Advertising God of our choice, to speak, to own Avie Silver slogan for the next six months. Heck, patriot. Husband. Father. Brother. property, to due process, and to own Sales for the next year! Or two! Delawarean. Lisa Fleetwood As a lifelong Democrat, I doubt While former NFL quarterback guns we use to protect our loved ones, Tiffany Giroux if President Trump would accept, Colin Kaepernick would knowingly our homes and our community. Art Director much less follow, my counsel. Also, disrespect and hate the American Certainly, this great country has Chris Johnson because I go back over 40 years with ¡ ag, because of what he feels are the its problems, its issues. But it has Production Manager my neighbor Joe Biden, the POTUS crimes against “his people,” millions Donna Hill enormous capacity for improvement, likely would think I’m carrying the more of us feel tears well up in our Graphic Designers for growth, just as each and every one C. Belinda Cimo ball for the other team. eyes when we pledge allegiance, or of us has that capacity for growth. Heather Vega But, as a D who really is an sing a patriotic anthem, knowing is president is the president of independent thinker, I accept the that we volunteered with our own Vice President of Business Development all of us, not just some. He needs to Charlie Tomlinson “power” of that aspirational value, as lives to defend that ¡ ag, and all that extricate himself from the trap set Founding Publisher much as I reject the notion that my it represents, our great country. Sam Waltz friends in the liberal resistance use it One of the more emotional for him, and move to “the moral high ground” of great American values, For advertising information instead to divide America, suggesting moments of my entire life occurred [email protected] that any president would be “a hater.” July Fourth week, at the Normandy to own publicly for himself what 302.504.1326 Matthew 22:39 quotes Jesus American Cemetery and Memorial, so many of us own. For subscription information Christ in the second of the two a World War II cemetery and I hope he can. DelawareBusinessTimes.com/Subscribe 800.849.8751 To submit press releases or story ideas, What’s Inside On The Cover Get More News [email protected] Today Media First Look 2 President: Robert F. Martinelli Vice President: Ralph A. Martinelli Business News 3-9 Secretary-Treasurer: Richard Martinelli Business Briefs 8 Chairman: Angelo R. Martinelli Want more news while Spotlight 12-13 Delaware Business Times is printed 26-times per year by on the go? Sign up for Today Media, 3301 Lancaster Pike Suite 5C, Wilmington Book of Lists: 15-16 our daily E-Newsletter: DE 19805 and is available by subscription for $59.00 per year. Single copy/back issues are available at the DelawareBusinessTimes.com cover price of $2.00 plus $2.00 shipping and handling. Know How 17 Attention Postmaster: Send address changes to Delaware Business Times, PO Box 460516, Escondido, People on the Move 20-21 CA 92046-9808. Application to mail at periodicals Biz Calendar 22 Original DuPont Powder Mill Connect With Us postage prices is pending at Wilmington, Delaware along the Brandywine Creek. post offi ce and additional mailing offi ces. Final Thoughts 27 Photo by Moonloop Photography Delaware Business Times cannot be responsible for Facebook.com/DelawareBusinessTimes the return of unsolicited material with or without the inclusion of a stamped, self-address return envelope. Information in this publication is gathered from Spotlight: Education @DEBusinessTimes sources considered to be reliable, but the accuracy ad Certifi cate programs are on the rise at Delaware’s colleges and completeness of the information cannot be guaranteed. universities. From bioinformatics to compliance, certifi cate No information expressed herein constitutes a Linkedin.com/Delaware-Business-Times solicitation for the purchase or sale of any securities. programs offer targeted learning opportunities | 12 DelawareBusinessTimes.com DELAWARE BUSINESS TIMES August 22, 2017 3 CHEMICALS DowDuPont merger promises to be a quiet event Emotional ties shift of DuPont stock. A was,” he contends. study this summer Fortunately, Lustig as Delaware shares showed that analysts says all ex-DuPont rated DuPont as colleagues he knows headquarters with Michigan their No. 12 broker have now found jobs pick, on average, of — in consulting, in BY ROGER MORRIS the 30 stocks on the university teaching Special to Delaware Business Times Dow Jones Industrial and research and averages. with other chemical When the DowDuPont merger — almost two One unsentimental companies. years in the making — becomes nal on Aug. 31, DuPont ex-employee Some of those and stockholder, it will be a seismic change in the history of the scientists now have who retired a few 215-year-old Delaware company, yet there will be working relations Andrew Liveris years ago and who Edward Breen few outward indications that anything is di erent. with a new company requested his name While there will be meetings of of 85 industrial not be used, says recently his nancial adviser “commemoration” for employees, company o cials scientists, most of them ex-DuPonters, called say, “no celebrations” are planned. ere will be no “suggested I unload because of potential legal liabilities my Chemours stock I got in the spino , Stride, headed by non-DuPonter Seetha Coleman- immediate changes in corporate signage, and the Kammula. According to Coleman-Kammula, DuPont oval will not suddenly become a Dow but to hang onto the DD stock until the merger plays out. As long as I make a few bucks and my Stride has both nonpro t and for-pro t arms and diamond. Employees, with few exceptions, will pension is safe, I’m happy.” aims to provide expert services for any company continue September 1 in the jobs they are currently So far, there have been no announcements of who needs them — including, for some scientists, performing for the foreseeable future. Customers planned layo s and job redundancies that can be their former employer. “We have two sizable will still call the same o ce numbers. anticipated as part of the predicted $3 billion in contracts already,” she says, “and I de nitely think But the company will no longer carry only synergies the merger is expected to yield. Current there will be opportunities with the new company the name of DuPont, and it will no longer be employees, especially in sta departments, will [DowDuPont].” headquartered solely in Delaware. also likely have concerns about if and where they e new DowDuPont will have headquarters For the scores of descendants of DuPont founder will t within the two Delaware-based units being in Midland, Michigan, where Dow is located, and Éleuthère Irénée du Pont de Nemours, the merger formed, or whether they will be asked to transfer Wilmington, and it will be a holding company for will mean a dramatic weakening of their special to Michigan.