Adesis: Building its Chemistry with Delaware

Issue 5.38

September 27, 2019

Message from the President

The United States Chamber of Commerce and its Institute for Legal Reform (ILR) recently announced that Delaware placed number one in the 2019 Lawsuit Climate Survey: Ranking the States . All of us know the importance the legal community has in our state and the financial contributions, among other things, incorporations add to the states’ bottom line. The business community, employers and employees, benefit greatly by having a legal community and judiciary that is the envy of the world.

Adesis: Building its Chemistry with Delaware

Although the average Delawarean may not

know the name of Adesis, if they own a television or a mobile device that employs organic light emitting diode (OLED) technology, they are already familiar with the company’s work. Adesis, recently named one of the 50 fastest growing companies in the state by Delaware Business Times, is a Contract Research Organization (CRO) that was founded in Delaware in 2005.

What is it they do? Adesis synthesizes the compounds that are used in OLED technology, which their parent company, Universal Display Corporation (UDC), tests to determine if application within a functioning OLED device is possible.

Legislative Priority

A Hand Up

The Manufacturing Institute recently released a report highlighting that one quarter of those working in manufacturing are over 55 years of age. Delaware’s most recent labor report (July) made mention of the state’s 65 year old male population seeking work in higher numbers than in prior years, and as an outlier compared to the national average. The Bureau of Labor Statistics reports that roughly 7.3 million jobs are currently unfilled nationally, and that’s 1 million more than there are unemployed workers. Add in a 3% unemployment rate, and you have the outline of about as close to full employment as we get, with plenty of room on the margins with open positions, and it’s truly an employee’s market right now.

An Early October Treat from the DSCC!

We have a real treat in store for you on October 9 ^th . Please join us for our Chamber Leadership speaker, the Hon. Judge Louis J. Freeh .

This distinguished leader has a story you will want to hear. Mr. Freeh held positions as the chief of the Organized Crime Unit in the U.S. Attorney’s Office for the Southern District of NY, Deputy U.S. Attorney, former Federal Judge and a former FBI Director. His FBI career spans such interesting cases as Waco, Khobar Towers Bombing, TWA Flight 800 and the Unabomber. His post FBI career is just as intriguing.

You will not want to miss his story. It is a great way to start your morning!

Join us on November 6 at the Hotel du Pont of the

21st Annual Marvin S. Gilman Superstars in Business Awards Luncheon

Click to see our 2019 winners

Taking Flight:

Leading Delaware's Aviation Industry

At ALOFT AeroArchitects, the unyielding drive and focus is to be the premier aviation supplier, providing innovative solutions improving the way we all fly! They are constantly designing and implementing airplane modifications to improve safety, extend flying range, enhance communications abilities, add in-flight entertainment and Wi-Fi systems, and create luxurious and comfortable flying accommodations. Simply stated, their goal is to vastly improve the flying experience for clients in every way they can!

Encouraging Development, Growth & Expansion:

Due October 11: Apply for the second round of EDGE Grants

The EDGE Grant program gives qualified small businesses in Delaware an edge by offering access to significant capital like never before.

Download the application

Comcast Newsmakers

DSCC President Mike Quaranta talks 2020 policy priorities , Superstars in Business & Chamber Leadership with Jill Horner.

Watch interview