ILC Dover Receives Two Taxpayer Grants - WMDT 47 News - Delmarva's Choice

ILC Dover Receives Two Taxpayer Grants

Posted: Updated:
By Kody Leibowitz - email

NEW CASTLE, Del. - Taxpayer money is coming to the Delaware company known for making NASA spacesuits.

Officials confirm to WMDT that the Council on Development Finance approved two grants requested by ILC Dover. The manufacturing company will receive a Strategic Fund Performance Grant of $364,500 in return for bringing in 115 new jobs in Delaware.
    
ILC Dover also asked for a capital expenditures grant of $187,860 for relocating from Juarez, Mexico to Seaford

DEDO officials tell WMDT that ILC Dover will receive the first part of the performance grant this June.  The second draw will be received June 2014.

 

  • Contests

  • This week's Friday Freebie a $50 gift certificate to Serendipity Restaurant in Oak Orchard, DE.
    This week's Friday Freebie a $50 gift certificate to Serendipity Restaurant in Oak Orchard, DE.

  • The WMDT/Mountaire Better Delmarva Award is a monthly honor designed to highlight local individuals, businesses, civic organizations or classrooms who are going above and beyond in their effort to assist others in the community or to improve and protect the local environment.  Each month a winner is chosen by a Mountaire selection committee from submitted nominations.

  • How would you like to win free tuition for a year to Wor-Wic Community College? Plus we'll throw in books and a laptop! The Bank of Delmarva is making it happen for two lucky students. Register to win
    How would you like to win free tuition for a year to Wor-Wic Community College? Plus we'll throw in books and a laptop!
    •   
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2013 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.