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CDF doles out $4.5M in taxpayer-backed grants to five companies, including Pepsi

Peter OsborneBusiness, Government, Headlines

The Council on Development Finance (CDF) has approved nearly $4.5 million in taxpayer-backed grants, including nearly $2.9 million to Pepsi to “Pepsify” a 359,000-square-foot warehouse in Claymont. CDF is an advisor to the Delaware Economic Development Authority (DEDA). It is responsible for conducting public hearings before DEDA issues any bonds or provides other financing support to projects. Other applicants who …

TSD Review Dec 5

Town Square LIVE Weekly Review – December 5, 2024

Sonja FreyTown Square Live, Weekly Review

This Week’s Top Stories Include Is consistent messaging or better recruitment/fundraising the key to GOP success Sunday Breakfast Mission gives thanks for busy holiday week Von Homer built sports-tech company from pain of college knee injury Wilmington landlord Pokony barred from the business in DOJ settlement Which Town Square athletes made the All-Class football team? Click on the image below …

Encompass Elements

Encompass Elements seeks CDF aid to move HQ to Delaware, add 53 jobs

Peter OsborneBusiness, Delaware Nonprofits, Government, Headlines

  NEW CASTLE — Encompass Elements, a Pennsylvania-based marketing-fulfillment company, plans to consolidate operations in Delaware, bringing 22 jobs from Lansdale and creating 31 new positions over three years. The company is seeking a $252,100 state grant through the Council for Development Finance to support its $3.2 million relocation and expansion at 1500 Johnson Way, where it currently employs 21 …