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Here are some of the biggest industries in Delaware.
- Agriculture. Agriculture is one of the most thriving industries in Delaware, thanks to farming. ...
- Fisheries. Delaware's economy is strongly surviving on the sea. ...
- Manufacturing. Delaware's manufacturing sector is the state's second-largest traded sector. ...
- Tourism. ...
- Mining.
- What Fortune 500 companies are based in Delaware?
- What does Delaware manufacture?
- Why do companies start in Delaware?
- How many companies are in Delaware?
- How does Delaware make money?
- What is Delaware known for?
- What is the economics of Delaware?
- What was Delaware colony economy?
What Fortune 500 companies are based in Delaware?
DuPont, Corteva only Delaware-based companies on Fortune 500
A smaller DuPont and spin-off company Corteva were the only Delaware-based corporations to make the Fortune 500 list of the nation's largest companies. The ranking is based on annual revenues.
What does Delaware manufacture?
Chemicals are Delaware's primary manufacture product (drugs, industrial chemicals, plastics and other synthetics). The food processing industry (gelatin, pudding, other prepared desserts, canneries, poultry, baked goods, fish products, soft drinks) ranks second followed by automobile production.
Why do companies start in Delaware?
There are two major reasons for Delaware's dominance of the corporate incorporation business. ... The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries.
How many companies are in Delaware?
As of 2018, there are over 1.3 million businesses incorporated in the state of Delaware, which is more than the population of the entire state (980,000)!
How does Delaware make money?
Delaware generates the bulk of its tax revenue by levying a personal income tax and select sales taxes (otherwise known as excise taxes). ... The primary types of taxes levied by state governments include personal income tax, general sales tax, excise (or special sales) taxes and corporate income tax.
What is Delaware known for?
Delaware, known as the First State, was the first state to ratify the U.S. Constitution and join the Union on Dec. 7, 1787. 2. In 1638, Swedes were the first Europeans to settle in the Delaware Valley – areas along the Delaware River and into modern Delaware, New Jersey, Pennsylvania and Maryland.
What is the economics of Delaware?
Because Delaware's economy relies heavily on chemical manufacturing, including pharmaceuticals, industrial chemicals and plastics, it is sometimes referred to as the Chemical Capital of the World. DuPont, one of the world's top chemical manufacturing companies, is based in and operates in Delaware.
What was Delaware colony economy?
Economy: The economy of the Delaware Colony was mixed. The fertile land of Delaware made agriculture profitable and farms produced grain, rice, and indigo. The forests in the colony supported a thriving lumber industry. Industry in Colonial Delaware included shipbuilding, ironworks, trading and shipping lumber.
