DuPont Launches New Electric and Autonomous Vehicles Initiative

The DowDuPont Specialty Products Division has launched a new initiative called Accelerating Hybrid-Electric Autonomous Driving (AHEAD), which will provide solutions for vehicle safety, performance, technology, and power. The initiative will focus on: lightweight solutions, battery pack components and assembly, thermal management/safety, electric motors, powertrain/chassis, electrical/electronic applications for improved automation including driver assists and self-driving capabilities, and support infrastructure such as plug-in and induction charging stations.

“Our AHEAD approach builds on recent successes, and by pairing our leading material position with our unmatched capabilities in electronics, we can extend our market leadership in the vehicle electrification and supporting infrastructure space,” said Randy Stone, Business President of DuPont Transportation & Advanced Polymers in a recent article from Delaware Business Now.

DuPont Transportation & Advanced Polymers (T&AP), a business unit of DowDuPont Specialty Products Division, expanded to Newark, DE this past summer. Their expansion continues to grow their strong manufacturing presence in Greater Philadelphia. Next year, Specialty Products, a part of Wilmington, DE headquartered DowDuPont, will emerge as DuPont when the company is spun off.

Philadelphia Among the Top 10 Cities for Startups

The concentration of wealth found in Silicon Valley, New York City, and Boston has driven up the cost of doing business in these locations making it difficult for lean new businesses to get started. Startups are beginning to consider venturing out of the traditional innovation corridors to earn more profit by lowering their costs. Founders and investors such as Steve Case, co-founder of AOL and the venture capital firm Revolution, are comparing major cities throughout the country to uncover which cities have the most potential for their new and emerging companies.

“The goal is to level the playing field so everybody, everywhere who has an idea has a shot at building a company and the American Dream,” said Case recent Forbes article.

Forbes’s list of the Top 10 Rising Cities for Startups compared the cities on cost of living and doing business, entrepreneurship rates, and education levels. Philadelphia was ranked number eight on this list primarily due to its access and proximity to other east coast cities, low cost of doing business, and being home to the second largest university population in the country.

The unparalleled infrastructure and convenient location among major cities, such as New York City, Boston, and Washington D.C., makes Philadelphia an ideal location for startups. Philadelphia is much more cost effective to operate due to the cost of doing business at only two percent over the national average.

The Forbes ranking supports the continued growth of startups in the Greater Philadelphia community, exemplified in the 132 companies in the Philadelphia Metro area who recently made the Inc. 5,000 list of the U.S.’s fastest growing companies.

Drexel University Creates Spray-On Antennas

Drexel University Materials Science and Engineering Department has developed a flexible antenna that can be affixed to a wide range of devices.

The antenna is much smaller than the average antenna on televisions, radios and on top of cars. In fact, it can be as small as one-thousandth the thickness of a piece of paper. It is a combination of metals with carbon or nitrogen atoms called MXenes, which can be combined with a number of other metals, such as titanium, molybdenum, vanadium and niobium.

Researchers at Drexel University recently discovered that mixing MXenes and water creates an adhesive coating and allows the antenna to stick to any surface. This is expected to transform where antennas are placed and how it can be used.

MXenes were discovered at Drexel in 2011 and have since been tested by researchers all throughout the world. There were many successes such as cancer treatment, water filtration, structural reinforcement, gas separation, energy storage devices, and electromagnetic interference shielding.

The extensive research revealed that MXenes are transparent to light, chemically strong and stable, electronically conductive, and love water. Drexel’s discovery of MXenes is projected to be much more effective at transmitting messages due to the antenna’s flexible and adhesive material.

Drexel was ranked the 52nd university in the world for utility patents that cover new products. Drexel is one of nearly 100 colleges and universities in the region driving innovation and growth for Greater Philadelphia.

3 Greater PHL Suburbs Ranked as Top U.S. Communities

Three Philadelphia suburbs have landed themselves in the top 20 on Niche’s The 50 Best Suburbs in America list. The towns were ranked according to cost of living, school quality, crime rates, home prices, employment, and amenity access according to the most recent U.S. Census data available.

Ardmore, part of the highly desirable Main Line area, was ranked number 20 on the top 50 list.

  • Population: 12,592
  • Median home value: $309,600
  • Median household income: $80,625

Penn Wynne, located in Montgomery County, PA, was ranked slightly higher than Ardmore at number 19.

  • Population: 5,535
  • Median home value: $359,500
  • Median household income: $111,319

Number two out of the top 50 best suburbs in the United States was Chesterbrook in Chester Count, PA.

  • Population: 4,693
  • Median home value: $312,600
  • Median household income of $113,966

Similar to Philadelphia suburbs, the city itself has the highest quality of life compared to other major cities, according to San Francisco-based Varo Money Inc. Philadelphia residents said that the city had the best price tag for quality of life and could afford the lifestyle they wanted.

Irish tech company to relocate HQ to Montgomery County, PA

Dublin, Ireland-based Afilias Inc., a technology company ranked as the world’s second largest domain registry, is relocating its headquarters to Horsham, PA, in order to connect to their growing customer base in the U.S.

“We’ve long had a strong US presence,” said CEO Hal Lubsen in a Philadelphia Business Journal article. “More of the company’s shares are now owned by Americans, and our executive group is increasingly becoming American.”

The recent cut in U.S. taxes was also a draw for the company.

Afilias stated that the relocation will not affect current customers or vendors.

Other companies in the region, such as JPMorgan Chase and GSI Health are also expanding and relocating, reflecting the growth happening in businesses throughout Greater Philadelphia.

Chester county-based Kimberly-Clark to receive $150M upgrade

Manufacturing company Kimberley-Clark announced that their Chester County, PA-based plant will receive $150 million in updates.

The facility, which currently employs 600 workers, will be receiving a natural gas-fired power plant and infrastructure upgrades. The updates are expected to be completed within the next three years.

“Kimberly-Clark continues to fulfill its commitment to reinvesting in our U.S. business,” said Adrian Poretti, vice president of supply chain for Kimberly-Clark North America in a Philadelphia Business Journal article. “So far this year, we’ve announced investments in three of our North American mills, including here in Chester, making important improvements to support our overall growth.”

The plant produces numerous products, including Scott toilet paper, Huggies, and Kleenex, all of which gets distributed throughout North America.

Kimberly-Clark benefits from being based in Greater Philadelphia because of its strategic location at the heart of the northeast corridor, which is globally connected through robust infrastructure, the region’s extensive supply chain, and distribution networks.

University of Delaware to study microbes for biofuel production

The U.S. Department of Energy awarded the University of Delaware a $1.5 million grant which will be used to study microbes for biofuel production.

A group of bacteria called clostridium, which can be found in low-oxygen environments, produces compounds that can be useful to makers of biofuel.

“The biology or the microbiology of complex systems is a very interesting field, and there is a lot of activity in it here at UD,” said Unidel Eugene du Pont chair of Chemical and Biomolecular Engineering at the University of Delaware Eleftherios Papoutsakis in a Delaware Business Now article. “We hope that we will see even expanded activity in that field because it brings together so much from various disciplines, from chemistry to biology to microbiology, imaging, computational biology; they’re all important areas and growth areas in science and technology, which makes this exciting.”

The ultimate goal of the study is to create more environmentally friendly fuel.

This kind of progress bolsters Greater Philadelphia’s status as a top city for life sciences; in 2017, Philadelphia was ranked number five on JLL’s list of top regions in the nation for life sciences.

BET begins construction on $200M mixed-use development

BET Investments broke ground on the $200 million mixed-use development being constructed in Montgomery County, PA, last month.

“Residential rents at the Promenade are expected to set the top of the market for Montgomery County when the project is finished,” said BET Investments Chairman Bruce Toll in a Bis Now Philadelphia article.

The development, which is estimated to be completed by 2020, will include retail space and 402 residential units.

Other development projects in Montgomery County include the KoP Mall’s new expansion and a recent apartment boom in the area.

 

Image courtesy of BET Investment.  

Rowan ranked sixth fastest growing college in U.S.

The Chronicle of Higher Education’s Almanac of Higher Education 2018-19 ranked New Jersey’s Rowan University as the 6th fastest growing university in the U.S.

The university has doubled its enrollment within the past 12 years, with a total of 19,000 students enrolled for the 2018-19 academic year.

On the heels of this ranking was a top spot in Money magazine’s best schools for your money. Rowan came in at #182 in the U.S.

Rowan has also recently been named a top national university; in 2017, U.S. News & World Report released their top universities in the U.S., ranking Rowan in several categories, including 19th for engineering, 90th for best public institutions, and 171st overall.

Rowan is one of nearly 100 colleges and universities in Greater Philadelphia that is producing a pipeline of unmatched talent into the region’s workforce.

Philadelphia moves forward with global identity project

Last January, the Brookings Institution chose Philadelphia as one of four regions in the U.S. that would be a part of a project that would don them with a unified identity in order to make them more globally competitive.

The most recent step forward in the process was the search for a consultant; Philadelphia is the only city out of the four to seek out a consultant for the project.

The chosen group was Brownstein, the oldest communications agency in the city, which won the job out of 18 applications for the City’s RFP.

“Their written proposal was excellent,” said Sylvie Gallier Howard, first deputy commerce director in a Philadelphia Business Journal article. “This stage of the process is research and discovery — not much is graphic design — and they had a detailed proposal in terms of how they would do research and perception analysis, and learn about what Philadelphians, and people nationally and internationally think of Philadelphia.”

The end goal of the project will be to create a unified global identity that will catalyze Greater Philadelphia on the international stage.