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Bringing the World to PA: Showcasing Greater Philadelphia’s Global Potential

Global investment is a critical driver of innovation, job creation, and economic resilience. As international companies look to the U.S. for expansion, Greater Philadelphia got the chance to show the world that it is not merely a participant in the global economy but a leader in shaping its future.

From September 8–20, 2025, Pennsylvania held “Bringing the World to PA”—a statewide tour designed to connect the Commonwealth’s international investment representatives with the many diverse and thriving economic ecosystems throughout the state.

This tour, a long-standing initiative led by the Pennsylvania Department of Community & Economic Development (DCED), welcomed a […]

September 30th, 2025|Investments, Livability, Our News|0 Comments
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$1.2 Billion Biologics Project to Spur Job Creation in Montgomery County

Global pharmaceutical giant GSK is making a massive U.S. investment and is poised to create hundreds of high-quality biomanufacturing jobs at the new state-of-the-art facility in Upper Merion, Montgomery County. Select Greater Philadelphia applauds this development, which promises to expand the area’s advanced industrial job market significantly.  

This development is part of GSK’s broader $30 billion investment across the United States over the next five years, focusing on research, development, and supply chain infrastructure. The move will further strengthen the U.S. and the U.K life sciences partnership.  

Construction on the Upper Merion site is set to begin in 2026. This biologics flex factory […]

September 30th, 2025|Advanced Manufacturing, Company Locates/Expansion Announcements, Innovation, Investments, Life Sciences, Press Releases, Workforce|0 Comments
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New International Flights from PHL Connects More Global Markets and Talent to the Region

Philadelphia International Airport (PHL) kicked off summer 2025 with exciting route expansions. American Airlines launched daily nonstop service from PHL to Edinburgh, Scotland and Milan, Italy, beginning May 23, 2025, alongside the return of seasonal service to Copenhagen, Naples, and Nice. Also, Aeroméxico established year-round daily nonstop flights between PHL and Mexico City (MEX) starting June 5, 2025, marking the first direct link since 2019.

Philadelphia International Airport’s new destinations are not just new routes – it’s a new opportunity for Greater Philadelphia to elevate the region’s international visibility, support business attraction in high‑growth industries, and foster inclusive regional economic growth.

Companies often mention […]

July 24th, 2025|Company Locates/Expansion Announcements, Investments, Largest Employers, Philadelphia|0 Comments
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$100 Million Investment at Philadelphia Navy Yard Marks Major Growth for Region

A major $100 million investment by Rhoads Industries, in partnership with Pennsylvania Governor Josh Shapiro’s administration, is set to make Philadelphia’s Navy Yard a national hub for submarine manufacturing. Select Greater Philadelphia welcomes this investment news as this expansion is expected to exponentially grow Greater Philadelphia’s manufacturing sector and become an anchor that strengthens our region’s middle market.

The project includes building a new 95,000-square-foot fabrication facility designed for large-scale submarine production and barge shipping operations. This state-of-the-art expansion will double Rhoads’s capacity to support the U.S. Navy’s submarine industrial base, including advanced welding, machining, […]

July 23rd, 2025|Advanced Manufacturing, Company Locates/Expansion Announcements, Infrastructure, Innovation, Investments, Technology, Workforce|0 Comments
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Celebrating Philadelphia’s Rise in Global Startup Rankings

Philadelphia Ascends in Global Startup Rankings: A Testament to Innovation, Talent, and Collaboration

The Chamber of Commerce for Greater Philadelphia (the Chamber) is proud to celebrate a major milestone for our region’s innovation economy: Philadelphia has been ranked the #13 Global Startup Ecosystem in the newly released 2025 Global Startup Ecosystem Report (GSER) by Startup Genome. This marks a remarkable 12-spot leap from last year’s ranking and affirms what we’ve long known — Philadelphia is a world-class destination for startups, innovation, and inclusive economic growth.

Unveiled at VivaTech in Paris, the […]

June 30th, 2025|Awards/Rankings, Innovation, Investments|0 Comments
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Greater Philadelphia Expands Life Sciences Infrastructure with Landmark 2025 Developments

From its legacy as the birthplace of cell and gene therapy to the development of the Nobel Prize-winning COVID-19 vaccine —and most recently, in May 2025, the successful delivery of the world’s first personalized CRISPR therapy—Greater Philadelphia continues to set the pace for life sciences innovation worldwide.

And the world is taking notice.

Health tech innovators, researchers, and companies are increasingly choosing Greater Philadelphia as the launchpad for their breakthroughs because of the region’s unique combination of collaborative infrastructure, world-class research institutions, and access to top-tier talent. As demand accelerates, the life sciences […]

May 22nd, 2025|Company Locates/Expansion Announcements, Infrastructure, Innovation, Investments, Life Sciences, Our News|0 Comments
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Colliers 2025 Report: Greater Philadelphia Maintains #4 U.S. Life Sciences Market Rank

According to the 2025 National Life Sciences Report by the global real estate company Colliers, the Greater Philadelphia region has maintained its ranking as the #4 U.S. life science market, the same as in 2024.

The annual life science market ranking compares 18 leading U.S. life market metros based on weighted criteria around several key factors, as follows: 2024 venture capital funding (40%), the size of the market inventory (40%), FY 2024 NIH funding (5%), 2024 research-oriented life sciences workforce (5%), 2023 biomed degree completions (5%) and the amount of space absorbed […]

April 9th, 2025|Infrastructure, Investments, Our News, Publications|0 Comments
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2024 Philadelphia Venture Report: $3.3 Billion in Funding Highlights Regional Growth

Despite challenging national trends, Greater Philadelphia’s impressive $3.3 billion in venture capital funding across 444 deals in 2024 highlights the region’s resilience and growth in the venture capital landscape.

According to the Philadelphia Alliance for Capital and Technology’s (PACT) and PitchBook’s annual Philadelphia Venture Report, released on February 27, 2025, this figure is up from $2.4 billion across 403 deals in 2023.

The 2024 report indicates that the Philadelphia region’s ecosystem showed remarkable strength, particularly at the early-stage levels, and demonstrated the market’s ability to attract significant investments, even […]

March 7th, 2025|Innovation, Investments, Our News, Publications|0 Comments
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Philadelphia’s 2026 Events: A Catalyst for Long-Term Economic Growth

The Greater Philadelphia region is gearing up for a momentous 2026 when Philadelphia will host multiple major events, including six FIFA World Cup matches, the MLB 2026 All-Star Game, and the nation’s semi-quincentennial celebrations. These events are expected to bring an unprecedented number of visitors and significant economic impact to the region.

While local government leaders and the Greater Philadelphia business community are focused on ensuring the region is ready for 2026, the Chamber of Commerce for Greater Philadelphia (the […]

February 20th, 2025|Investments, Livability, Our News, Philadelphia|0 Comments
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Greater Philadelphia’s Economic Forecast 2025: Insights and Opportunities on Region’s Horizon

The Chamber of Commerce for Greater Philadelphia (the Chamber) hosted its annual State of the Economy event on January 9, 2025, bringing together the region’s business community, including Chamber members and investors, to hear from local economists and leaders on industry insights, trends, and growth opportunities expected to drive the region’s economic performance in the year ahead.

The goal of the annual event, supported this year by title sponsor and Chamber member Firstrust Bank, is to help Greater Philadelphia businesses make informed decisions. It

January 23rd, 2025|Investments, Largest Employers, Our News, Philadelphia, Workforce|0 Comments
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