Stories From Our Region – July 2023

GLG Finds Wealth of Talent in Greater Philadelphia

An early recognition that Greater Philadelphia offered a chance to be near many of its biggest clients and a pipeline of home-grown graduates from world-class universities have GLG putting down its roots and growing quickly.

DH Property Holdings Obtains $175M for Philly Logistics Project

The 750,000-square-foot last-mile distribution development on 5000 Richmond Street is scheduled to be completed by the fourth quarter of 2024.

LEG to Expand Biotech Manufacturing Hub at Princeton West

The three specialty manufacturing buildings, totaling 380,000 square feet,

Stories From Our Region – June 2023

Pennsylvania Governor’s Strategy of Collaboration Paves Way For Business Expansion in Greater Philadelphia Region

The Governor of Pennsylvania is having a moment, and Greater Philadelphia’s business community is one of the beneficiaries.

Why This CEO Moved His Team from Harrisburg to Philadelphia and Refocused on Environmental Cleanup

Nicholas Grasberger, CEO of Enviri, says he’ll have an easier time recruiting executives if they can live in the Philadelphia region.

DTP Hub to Grow Delaware Life Sciences

The park will build on its successes on the eastern edge of the UD campus by leasing out the final […]

Stories From Our Region – May 2023

Leonardo Provides a Flight Map for Multinational Companies in Greater Philadelphia

Leonardo’s success underscores the continued importance of manufacturing in Greater Philadelphia and the region’s attractiveness to multinational companies.

Integral Molecular Opens New Research Center in Philadelphia

The new 32,000-square-foot headquarters and integrated research facilities will include its pandemic preparedness laboratories. Integral Molecular is the first tenant to move into One uCity, a 13-story commercial research building opening later this year.

Global Leader Roquette Selects Greater Philadelphia for $25 Million Pharmaceutical Innovation Center

The center will be an advanced training and collaboration […]

Stories From Our Region – April 2023

ICS Expansion to Philadelphia Driven by Talent, Markets, Location, and Culture

A growing FinTech company based in Australia looks for a North American home, searches far and wide, and selects Philadelphia. But for new entrant ICS that isn’t the entire story. The truth is, “Philly picked us.”

Philadelphia Top Five Most Active Regions For Venture Capital In First Quarter

The region has held its fifth rank spot in 2023, closing 94 deals worth about $700 million between January and March.

Storied Aviation Firm Acquires Former Sikorsky Helicopter Plant in Coatesville

Essington-based Piasecki Aircraft Corp. plans […]

Stories From Our Region – March 2023

Opportunities Abound for Women in Greater Philadelphia’s Life Sciences Industry

Greater Philadelphia’s life sciences industry is booming thanks to an abundance of resources, infrastructure, and a talented workforce that increasingly consists of women who are driving the region’s growth.

Spark Therapeutics, a Roche Company, Building $575 Million Gene Therapy Innovation Center in University City

Expected to be complete in 2026, the more than 500,00-square-foot, six-story facility will be Roche’s flagship center for global gene therapy manufacturing .

Almac Group Unveils $65M Expansion Plan of North American Headquarters in Montgomery County

The 100,000-square-foot […]

Stories From Our Region – February 2023

Pennsylvania Makes Business-Friendly Statement with New Economic Development Initiatives

Just days into his administration, Governor Josh Shapiro quickly signed two transformative executive orders, demonstrating that Pennsylvania will do what is needed to drive economic growth and ensure the state is a friendly place to do business.

A Look at University of Pennsylvania’s $1.3 Billion Campus Development Plan

The Penn Connects plan, which has nearly 75 projects in various stages of development, includes $772 million of new development, $388 million of reinvestment and renovations, and $133 million in third-party-developers-led projects.

Lidl Purchases 69-Acre Site in […]

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

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