DOING BUSINESS IN PENNSYLVANIA

Pennsylvania Department of Community & Economic Development
717-787-8199
RA-GAT@pa.gov
dced.pa.gov/gat

PA DECD Rick Siger

Governor Josh Shapiro is hyper-focused on growing the economy and making Pennsylvania a leader in business. Our location, higher ed, and quality of life are second-to-none. And we’re committed to getting even better. We’re at the start of new chapter of growth and competitiveness in Pennsylvania.

— Rick Siger, Secretary, Pennsylvania Department of Community & Economic Development
Pennsylvania
Philadelphia, Pennsylvania (Photo: Adobe Stock)

  TARGETED GROWTH SECTORS

Life Sciences: Pennsylvania’s $50 billion life sciences ecosystem is among the top states in academic R&D, NIH research funding, venture capital investments, and patenting.


Robotics and AI: Innovations in autonomous vehicles, space exploration, agriculture, and more are being developed here due to world-class institutions like Carnegie Mellon University.


Advanced Manufacturing: Our tech schools, community colleges, and business have created a workforce of problem-solvers and strategists, digital operators, engineers, and others who can blend management and STEM skills.

  TOP PROJECTS

COMPANY
LOCATION
CAPITAL INVESTMENT
EMD Electronics (Versum Materials)
Rush Township
$295.8 million
Purolite LLC
New Garden Township
$189 million
Chubb / Ace American Insurance Company
City of Philadelphia
$68.7 million
Re:Build Manufacturing
New Kensington
$64.5 million
Triumph Sheets, LLC
Chambersburg
$52.4 million

FEATURED LOCATIONS

Lehigh Valley Pennsylvania

Lehigh Valley, located 90 minutes west of New York City and 60 minutes north of Philadelphia, is one of the fastest growing regions of Pennsylvania. Our population of 688,000 has grown by 6.2% over the last decade. And among the 18-to-34 age group, we’ve grown by more than 10% — the fastest growth rate for that segment of any region in Pennsylvania.

  FAST FACTS

Population (July 2022 est.): 12,972,008¹
Largest Cities (2020): Philadelphia (1,601,005); Pittsburgh (302,777); Allentown (125,971); Reading (94,981); Erie (94,639)¹
Real GDP (2022): $711 billion²

¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce

“SHOVEL-READY” INCENTIVE

PA SITES: Gov. Josh Shapiro has secured $10 million in grant funding to help more sites across the Commonwealth become “shovel ready” for businesses. Grants will be awarded to help make sites competitive for prospective businesses, including transportation access improvements, utility extensions, or grading of pad-ready sites.

TOP BUSINESS FACILITIES RANKINGS

Top 5 Food Processing
2023 State Rankings
Top 5 Healthcare Jobs
2023 State Rankings
Top 10 Life Sciences
2023 State Rankings
Top 10 Semiconductors
2023 State Rankings
Top 10 Cybersecurity
2023 State Rankings
#2 Tech Talent Leaders (Labor Pool Under 50K): Pittsburgh
2023 Metro Rankings
Top 10 Top Performing Container Ports: Port of Philadelphia
2023 Metro Rankings

From the July / August 2023 issue of Business Facilities

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