Stories From Our Region – January 2023

Key Elements in Greater Philadelphia Will Power Continued Growth Among Life Sciences and Cell and Gene Therapy Companies

Here is where Greater Philadelphia stands – and where it’s going – when it comes to the economic essentials that companies seek.

New Office of Transformation and Opportunity to Spur Growth and Innovation in Pennsylvania

This newly created office, signed into action via executive order by Governor Josh Shapiro, will be a resource for businesses, particularly in often neglected communities, looking to grow and will work to reignite Pennsylvania’s economy.

Gattuso Secures $290M Construction Loan to […]

Stories From Our Region – December 2022

Chamber’s Business Attraction Efforts Double in 2022

Learn about the Chamber’s progress in attracting businesses to Greater Philadelphia in 2022 and our plans to lead continued attraction and expansion efforts in 2023.

Chubb Announces Plans for New Philadelphia Office

The property and casualty insurance leader will add 1,250 new employees in a state-of-the-art building in 2026.

New Pharmaceutical Ingredients Manufacturing Plant Opens in Philadelphia

This month’s ribbon cutting at the Purolite plant came a year after Ecolab’s $3.7 billion acquisition, increasing its production capacity and regional footprint.

Former Horsham CRE Site Being Reimagined […]

Stories From Our Region – November 2022

Industry Leaders Describe Achieving Their Vision in Greater Philadelphia

Leaders from four companies founded in Greater Philadelphia are sharing how the region’s talent pool and startup ecosystem create an ideal environment for business in a new, three-minute video.

International Companies Signing Long-Term Leases on Lab and Flex Space Development in Exton’s Eagleview

The expansion of Switzerland-based Früh Verpackungstechnik AG and Frontage Laboratories will bring hundreds of new jobs to the area as our region’s life sciences sector continues to boom.

Solenis to Invest $35+ Million in Building New Center at CRISP Campus

The global producer […]

Stories From Our Region – October 2022

HHS Secretary Becerra Joins U.S. Senator Casey for Visit with Leaders in Greater Philadelphia’s Life Sciences Ecosystem

Last week, U.S. Senator Bob Casey and the Chamber of Commerce for Greater Philadelphia welcomed the Honorable Xavier Becerra, U.S. Department of Health and Human Services Secretary, for a visit with leaders in our region’s life sciences ecosystem to showcase Philadelphia’s assets and capacity to accelerate science and patient care in the next biotech revolution.

Rapidly-Expanding Swedish Software Company Makes Philadelphia a Part of Its Growth Story

Younium’s U.S. headquarters will be located in Cira Centre. The company’s CEO cited

Stories From Our Region – Late September 2022

Comparative Study Ranks Philadelphia Region #2 Among 14 Cell and Gene Therapy Hubs

The newly released study compares cell and gene therapy hubs in research infrastructure, human capital, innovation output, commercial activity, and value proposition.

DuPont Taps Glasgow for Expansion of Semiconductor Materials Production

The expansion comes as a response to growing industry demands. The new $50 million semiconductor manufacturing facility will become the primary work site for more than 70 existing workers and create about 10 new jobs in Delaware.

Port of Philadelphia Plans to Build 100,000-Square-Foot Warehouse

A part of an ongoing effort to serve future […]

Stories From Our Region – Early September 2022

Major Developments Facilitate Greater Philadelphia’s Growth

Life sciences, technology, and manufacturing are three of the leading industries in Greater Philadelphia and recently announced major development projects continue to accelerate growth in these sectors.

Exelixis Inc. Partners with Brandywine Trust Realty to Develop East Coast Office

The California biotech company is targeting King of Prussia for its built-to-suit facility, citing the area’s convenient access to Greater Philadelphia and central New Jersey’s talent pool.

Regional Companies Partner to Develop $85 Million Cold Storage Facility in Philadelphia

The new cold storage facility in Port Richmond will be part of a […]

Philadelphia Region’s Ever-Expanding Cell and Gene Therapy Family Tree Featured in New Promotional Reel

An initiative launched more than three years ago to boost awareness of the region as a hub for cell and gene therapy is getting ready to unveil its latest effort to promote the fast-growing sector.

Called “Greater Philadelphia: Discovery Starts Here,” the 90-second graphic animation illustrates how more than a dozen companies have spun out of, or are licensing technology from, a handful of local research institutions. It is also available for download here.

Specifically, the video animation features five research institutions (The University of Pennsylvania, Children’s Hospital of Philadelphia, Jefferson Health, Temple University, and The Wistar […]

Stories From Our Region – July 2022

PIDC Seeks Biotech Campus Partner

Positioned on 40 acres of land within the Lower Schuylkill Innovation District, the project will offer up to one million square feet of manufacturing space and create a pivotal life science center in the heart of Greater Philadelphia.

Philadelphia Joins Bid to House The Advanced Research Project Agency for Health (ARPA-H) Headquarters

Over 80 regional leaders, including the Chamber, have come together to attract the multibillion-dollar new science agency to Philadelphia.

Industry-Leading Green Energy Startup Chooses New Castle County for Expansion

Versogen’s $4.8 million expansion includes moving […]

Stories From Our Region – June 2022

University of Pennsylvania Announces New Life Sciences Facility to Support Region’s Discovery

The 455,000-square-foot addition to the 23-acre site is anticipated to open in Q4 2025, providing speculative labs to accommodate life sciences companies and incubator startups.

New Navy Yard Plan Includes Transformations to Create a New Neighborhood in the City

Developers Mosaic Development Partners and Ensemble Real Estate Investments’ plan calls for 8.9 million square feet of residential, commercial, and retail space. Such transformation would bring about an estimated 12,000 new jobs to the Navy Yard.

Governor Wolf Announces GLG Expansion Into Region, Creating 250 High-Quality Jobs […]

Stories From Our Region – May 2022

New Select Greater Philadelphia Website Tells Companies and Talent: “Achieve Your Vision Here”

Select has launched a revamped website targeted toward companies, entrepreneurs, site-selectors, and talent interested in the 11-county Greater Philadelphia region’s location and opportunities. The site’s resources include an interactive regional map, along with property and job search tools.

Greater Philadelphia’s Venture Capital Investments Grow More in Q1 than All Other U.S. Metros

The region saw a 71% increase in startup funding over the first three months of 2022, the largest first-quarter growth experienced by any major metro in the country this year.

The Thriving Life […]

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