Mayor Purzycki Shares Announcement from New B&M Meats About Company’s Choice of Wilmington for Expansion, Diversification
15 Dec 2021
News
New B&M Meats Inc., a leading manufacturer of raw sandwich steaks and chicken steaks in the Northeast United States, is expanding in the City of Wilmington and will invest more than $18 million in construction of a new 80,000-square-foot production facility and add 190 new jobs to the city’s food production industry sector over the next several years.
Delaware Prosperity Partnership – Delaware’s nonprofit public-private economic development organization – and Wilmington’s Office of Economic Development began working with New B&M Meats in 2020 to help the company evaluate scenarios for combining operations in the region to achieve its expansion goals.
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WILMINGTON, Del. — Following a considerable site search that included major markets across the United States, the early-stage digital fintech company Investor Cash Management (ICM) has selected Wilmington, Delaware, as the site of its new $15.37 million headquarters and customer service center. The company, which started in 2018 and currentl...