Economy Of Delaware
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Economy Of Delaware
This article is intended to give an overview of the economy of Delaware. Affluence According to a 2013 study by Phoenix Marketing International, Delaware had the ninth-largest number of millionaires per capita in the United States, with a ratio of 6.20 percent. Agriculture Delaware's agricultural output consists of poultry, nursery stock, soybeans, dairy products and corn. Industries , the state's unemployment rate was 5.1%. The state's largest employers are: * government (State of Delaware, New Castle County) * education (University of Delaware, Delaware Technical & Community College) * banking (Bank of America, M&T Bank, JPMorgan Chase, Citigroup, Deutsche Bank) * chemical, pharmaceutical, technology ( DuPont de Nemours Inc., AstraZeneca, Syngenta, Agilent Technologies) * healthcare (ChristianaCare, Bayhealth Medical Center, Nemours Children's Hospital, Delaware) * farming, specifically chicken farming in Sussex County (Perdue Farms, Mountaire Farms, Allen Family Foods) * r ...
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Delaware
Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Delaware Bay, in turn named after Thomas West, 3rd Baron De La Warr, an English nobleman and Virginia's first colonial governor. Delaware occupies the northeastern portion of the Delmarva Peninsula and some islands and territory within the Delaware River. It is the second-smallest and sixth-least populous state, but also the sixth-most densely populated. Delaware's largest city is Wilmington, while the state capital is Dover, the second-largest city in the state. The state is divided into three counties, having the lowest number of counties of any state; from north to south, they are New Castle County, Kent County, and Sussex County. While the southern two counties have historically been predominantly agricultural, New Castle ...
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ChristianaCare
ChristianaCare is a network of private, non-profit hospitals providing health care services to all of the U.S. state of Delaware and portions of seven counties bordering the state in Pennsylvania, Maryland and New Jersey. The system includes two hospitals in Delaware, Wilmington Hospital and Christiana Hospital, and one in Maryland, ChristianaCare Union Hospital in Elkton. ChristianaCare operates the Helen F. Graham Cancer Center & Research Institute, the Center for Heart & Vascular Health, The Center for Women & Children's Health, and ChristianaCare HomeHealth, as well as the Eugene du Pont Preventive Medicine & Rehabilitation Center, and a wide range of outpatient and satellite services. ChristianaCare is headquartered in Wilmington, Delaware. History The system's history dates to 1888, when Delaware Hospital was first opened in Wilmington. It was expanded throughout the subsequent decades. In 1965, it merged with Memorial Hospital and Wilmington General Hospital to form Wilmi ...
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General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ...
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Mortuary
A morgue or mortuary (in a hospital or elsewhere) is a place used for the storage of human corpses awaiting identification (ID), removal for autopsy, respectful burial, cremation or other methods of disposal. In modern times, corpses have customarily been refrigerated to delay decomposition. Etymology and lexicology The term ''mortuary'' dates from the early 14th century, from Anglo-French ''mortuarie'', meaning "gift to a parish priest from a deceased parishioner," from Medieval Latin mortuarium, noun use of neuter of Late Latin adjective mortuarius "pertaining to the dead," from Latin ''mortuus'', pp. of ''mori'' "to die" (see mortal (adj.)). The meaning of "place where the deceased are kept temporarily" was first recorded in 1865, as a euphemism for the earlier English term "deadhouse". The term ''morgue'' comes from the French. First used to describe the inner wicket of a prison, where new prisoners were kept so that jailers and turnkeys could recognize them in the ...
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Air Mobility Command
Air Mobility Command (AMC) is a major command (MAJCOM) of the U.S. Air Force. It is headquartered at Scott Air Force Base, Illinois, east of St. Louis, Missouri. Air Mobility Command was established on 1 June 1992, and was formed from elements of the inactivated Military Airlift Command (MAC) and Strategic Air Command (SAC). AMC melded MAC's worldwide airlift system of primarily C-5 Galaxy, C-141 Starlifter (later replaced by C-17 Globemaster III beginning in 1995), and C-130 Hercules airlift aircraft with SAC's tanker force of KC-135 Stratotanker and KC-10 Extender aerial refueling aircraft, the latter air refueling aircraft having been freed from their strategic nuclear strike commitment to SAC's B-52 Stratofortress and B-1 Lancer bomber fleet by the end of the Cold War and the dissolution of the Soviet Union. Overview Air Mobility Command's mission is to provide global air mobility. The command also plays a crucial role in providing humanitarian support at home an ...
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Dover, Delaware
Dover () is the capital and second-largest city of the U.S. state of Delaware. It is also the county seat of Kent County and the principal city of the Dover, DE, Metropolitan Statistical Area, which encompasses all of Kent County and is part of the Philadelphia– Wilmington–Camden, PA– NJ–DE– MD, Combined Statistical Area. It is located on the St. Jones River in the Delaware River coastal plain. It was named by William Penn for Dover in Kent, England (for which Kent County is named). As of 2010, the city had a population of 36,047. Etymology The city is named after Dover, Kent, in England. First recorded in its Latinised form of '' Portus Dubris'', the name derives from the Brythonic word for waters (''dwfr'' in Middle Welsh). The same element is present in the town's French (Douvres) and Modern Welsh (Dofr) forms. History Dover was founded as the court town for newly established Kent County in 1683 by William Penn, the proprietor of the territory generally ...
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Dover Air Force Base
Dover Air Force Base or Dover AFB is a United States Air Force base under the operational control of the Air Mobility Command (AMC), located southeast of the city of Dover, Delaware. 436th AW is the host wing and runs the busiest and largest air freight terminal in the Department of Defense (DoD). History Construction of Municipal Airport, Dover Airdrome began in March 1941 and the facility was opened on December 17, 1941. It was converted to a U.S. Army Air Corps airfield just weeks after the December 7, 1941, attack on Pearl Harbor. It was renamed Dover Army Airbase on April 8, 1943; *Dover Subbase on June 6, 1943, and Dover Army Airfield on February 2, 1944. With the establishment of the United States Air Force on September 18, 1947, the facility was renamed Dover Air Force Base on January 13, 1948. World War II The origins of Dover Air Force Base begin in March 1941 when the United States Army Air Corps indicated a need for the airfield as a training airfield and ass ...
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Acme Markets
Acme Markets Inc. is a supermarket chain operating 161 stores throughout Connecticut, Delaware, Maryland, New Jersey, the Hudson Valley of New York, and Pennsylvania and, as of 1999, is a subsidiary of Albertsons, and part of its presence in the Northeast. It is headquartered in East Whiteland Township, Pennsylvania, near Malvern, a Philadelphia suburb. Acme was established in 1891, when Irish immigrants Samuel Robinson and Robert Crawford opened a store in South Philadelphia. The company today has 161 supermarkets under the Acme name in Connecticut, New York, New Jersey, Pennsylvania, Delaware, and Maryland. After many decades of being the largest grocery retailer in the Delaware Valley, Acme fell to #2 behind ShopRite in 2011. As of 2013, Acme was #3 behind #1 ShopRite and #2 Giant Food Stores in the region. History Irish immigrants, Robinson and Crawford, founded what is now Acme in south Philadelphia in 1891, according to some sources, with other sources s ...
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Walgreens
Walgreen Company, d/b/a Walgreens, is an American company that operates the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago, Illinois, in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens and Switzerland-based Alliance Boots merged to form a new holding company, Walgreens Boots Alliance Inc. Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and trades on the Nasdaq under the symbol . The company was found by a federal jury to have "substantially contributed to" the opioid crisis. History Walgreens began in 1901, with a small food front store on the corner of Bowen and Cottage Grove Avenues in Chicago, owned by Dixon, Illinois native Charles R. Walgreen. By 1913, Walgreens had grown to four stores on Chicago's ...
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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart, Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shar ...
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Allen Family Foods
Allen Family Foods was a large American producer and exporter of chicken, headquartered in Seaford, Delaware. Founded in 1919 by Charles C. Allen and Nellie G. Allen as a small local hatchery. At one time Allen Family Foods was the world's 18th-largest producer of chicken products, producing 10.5 million pounds (4.8 million kg) of finished products per week. Their network of 500 independent growers houses 25 million chickens at any given time. It employed 3,400 people in three states (Delaware, Maryland, and North Carolina), with an annual payroll of $90 million.'Allen's Hatchery celebrating 90th...'; Parks, Lynn R.; ''Laurel Star''; May 21, 2009 under the slogan is "The Quality Chicken People". Allen's operated a hatchery alone until 1971, when it bought its first processing plant, near Cordova, Maryland. The plant, formerly owned by Esskay, was then leased to Ralston-Purina under the agreement that Allen would process the chickens and sell them under Ralston's Checkerboard Squa ...
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Mountaire Farms
Mountaire Farms is the fourth-largest producer of chicken in the United States, with headquarters in Millsboro, Delaware. The company operates internationally, serving the United States and foreign markets as far away as Asia. Mountaire Farms has facilities in the states of Arkansas, Delaware, Maryland, North Carolina, and Virginia. The company has about 7,000 employees and plays a major part in the economy of Delaware. History What became Mountaire Farms was founded in Arkansas in 1914 by Guy Cameron, who started a local feed business. His son Ted Cameron built four feed mills in the 1950s to serve local growers. In 1959, the company started processing chickens, with Mountaire Poultry, Inc. incorporated in 1964. The company was incorporated as Mountaire Corporation in 1971. Ron Cameron, the son of Ted Cameron, became president and CEO of the company in 1975. In 1977, Mountaire Farms expanded operations to Delaware when it purchased H&H Poultry in Selbyville. The company acquire ...
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