Business

New Coffee Chain Reportedly Coming To Ohio, Delaware County

28 Jan , 2022  

By 1808Delaware

By almost any measure, Delaware Countians love their coffee. There are currently wonderful chain and independent coffee restaurants in most communities.

According to Columbus Alive! another chain is about to join that mix – one making its first foray into the Buckeye State.

The post, which can be read here, states that Scooter’s Coffee, a drive-thru coffeehouse from Nebraska, will be opening four locations in central Ohio – in Delaware, Dublin, Marysville, and Westervile. No specific addresses or timeframes were shared. More…

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Business

Delaware County Commissioners Welcome Intel Announcement

21 Jan , 2022  

From Delaware County, Special to 1808Delaware

With today’s announcement of a $20 billion chip-manufacturing facility to be built in Central Ohio for the Intel Corporation, Delaware County’s Commissioners lauded the news for the economic boon it represents for the entire region. They also pointed out that the news heralds business and building opportunities for the entire region.

“This is a transformative deal and we salute all the jurisdictions and organizations involved in making this happen, particularly One Columbus, JobsOhio and The New Albany Company,” said Commissioner Barb Lewis, president of this year’s Board of Commissioners. “And just as we saw when Honda America built their plant in Marysville, Intel’s arrival in central Ohio promises to bring great economic opportunity to the surrounding counties.”

The Intel chip-manufacturing plant will employ an estimated 3,000 people with a ripple effect that should see thousands more employed in related industries. The project will require significant investment in the area’s infrastructure, particularly for water and sewer services. The housing and transportation sectors also will be impacted. But with impact comes opportunity, noted Commissioner Gary Merrell. More…

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Business

Massive Semiconductor Plant Investment Announced For Licking County Site

21 Jan , 2022  

By 1808Delaware

It would be difficult to overestimate the impact of an announcement made today in metro Columbus.

Consider the facts for a moment.

  • Intel will be creating what might become the world’s largest semiconductor operation to western Licking County, a site within commuting distance from Delaware County.
  • Over 20,000 jobs will be generated because of this investment, including 3,000 direct jobs with an average $135,000 annual salary, 7,000 construction jobs over the course of the building project, and tens of thousands of indirect and support jobs.
  • An additional $2.8 billion is expected to be added to Ohio’s annual gross state product.

In an announcement of its intentions, Intel shared on Friday: More…

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Business

Delaware Company Chosen To Compete In Startup Of The Year Summit

20 Jan , 2022  

Special to 1808Delaware

This week, necoTECH announced that they were selected as one of the Top 100 startups (and the only one from Ohio) to compete and participate in the 9th Annual Startup of the Year Summit from January 25 – 27, 2022 in the innovation hub of Tampa, FL. The three-day event is powered by Established with Host Partner, Embarc Collective, and presented by title Sponsor, ReliaQuest.

Startup of the Year is a community, a resource, and competition curated specifically to elevate founders and their teams. This year – for the first time in-person since 2019 (2020 Summit was virtual) – rising startups, investors, corporate innovators, and entrepreneurial ecosystem builders will gather together in the same city to celebrate innovation and recognize the achievements of early-stage companies from across all verticals and around the world. The startups that participate in this event, such as necoTECH have the opportunity to grow their business, expand their connections, and elevate their brand from a global stage. They join the ranks of well-known companies that have been a part of the Startup of the Year community over the past decade, such as Aperiomics, BenjiLock, Groupon, GrubHub, Maxwell Health, re:3D, ShearShare, and Uber. More…

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Business, Westerville

Tire Discounters Opens New Location On Polaris Parkway

19 Jan , 2022  

By 1808Delaware

There’s little question that Delaware Countians add a lot of miles each year to a lot of tires.

With that in mind, Tire Discounters has added a fourth county location with its opening at 46 Polaris Parkway in Westerville. The new operation joins outlets on Gemini Place, Sawmill Parkway, and Sunbury Road in Delaware.

These stores are part of the chain’s Columbus market, the second largest grouping of stores. Only Cincinnati, where the chain was founded, has a great number of locations. More…

Business

Native Son Honored With New Café

10 Jan , 2022  

By 1808Delaware

Downtown Delaware will soon have another business named after its most famous native son.

This time, however, we’re not talking about historic markers or statues. Instead, a new sandwich shop is making its appearance this month at 9 East William Street called The Rutherford Cafe.

Within a stone’s throw of his birthplace site and childhood school, the café honors the 19th President of the United States, Rutherford B. Hayes.

Gourmet sandwiches will be on offer at The Rutherford Café, as well as salads and “mini-sandwiches.”  More…

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Business

Italian Bistro Coming To Downtown Delaware

9 Jan , 2022  

By 1808Delaware

The number and variety of eateries in downtown Delaware continues is continuing to grow, as a current culinary entrepreneur is opening a new venture celebrating the best of Italian cuisine.

The Delaware Economic Development and Entrepreneur Center announced recently that local restaurateur T.J. Wellman will be launching Tony’s Italian Bistro at 48 North Sandusky Street.

According to the announcement, “T.J. and his business partner already own two restaurants in downtown Delaware – the The Flying Pig Alehouse, 12 S. Sandusky St., and the Typhoon Asian Fusion Bistro, 10 N. Sandusky St. Tony’s is the latest restaurant in their effort to bring quality dining to town.” More…

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Business

Delaware’s Greif Inc. Make $125 Million Divestment

3 Jan , 2022  

Special to 1808Delaware

Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services based in Delaware, announced Monday that it has entered into a definitive agreement to divest its 50% share in the Flexible Packaging joint venture, or “FPS” to Gulf Refined Packaging (GRP) for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments. Greif expects to use the proceeds for debt repayment.

“While we have worked closely with our joint venture partner, each partner held different views of the appropriate path forward for the FPS business,” said Pete Watson, Greif’s President and Chief Executive Officer. “As a result, we entered into a process to determine a single owner and utilized our disciplined capital allocation framework that resulted in an agreement to sell our ownership stake to GRP for significant value. I would like to thank our FPS colleagues for their hard work over the last 11 years and for their continued commitment to the business during the transition ahead.” More…

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Business, Polaris Area

Business First: Two Long-Time Retailers Close Their Polaris Locations

27 Dec , 2021  

By 1808Delaware

Some difficult news for Polaris Fashion Place Mall as a new year approaches.

Columbus Business First reported right before Christmas that two well-known retailers, The Gap and Banana Republic, have closed their locations at the mall.

For subscribers, that story can be found here. More…

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Business

Ohio’s Unemployment Rate Falls Again; Delaware County’s Remains Strong

22 Dec , 2021  

By 1808Delaware

Ohio’s unemployment rate fell in November for the second straight month, resulting in characterizations of the jobless report as good news while still claiming that the state’s economy is somewhat fragile.

Ohio’s unemployment rate fell to 4.8% in November from 5.1% in October, still above the national rate of 4.2%.

Ohio is down 180,000 private-sector jobs from its pre-pandemic level. The state continued its monthly private-sector job growth trend, however, adding 11,300 jobs in November, with the leisure and hospitality sector adding 8,000 jobs. Growth also came in construction (2,800) and science and technical services (2,100). More…

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Business, Polaris Area

PopShop Bringing The Future Of Shopping To Delaware County

15 Dec , 2021  

Special to 1808Delaware

PopCom has launched the PopShop vending machine in cities across the country, offering local products and services to shoppers in a revolutionary way.

One of those machines will soon arrive at Polaris Fashion Place Mall.

The PopShop is a contactless, smart vending machine that allows companies to launch new products while driving brand awareness for local businesses. The machine uses facial recognition to help retailers capture demographic information, machine learning to help deliver targeted content, and the blockchain technology that will allow for identity verification and the sale of regulated products. More…

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Business

Carvana Vending Machine Reportedly Coming To Delaware County

15 Dec , 2021  

By 1808Delaware

You may have seen them on a video looking at sales trends of the next century. Whatever you think of them, they certainly make a strong impression.

We’re talking about vending machines for cars, and if Business First and NBC4i are correct, one will soon be coming to Delaware County.

According to those sources, such a facility is coming to what is now the home of Magic Mountain Fun Center on Lyra in the south part of Polaris. Over 13 acres would house the car sales operation and additional, unannounced retail development. More…

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