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 […]

Leonardo Provides a Flight Map for Multinational Companies in Greater Philadelphia

In a hangar at Northeast Philadelphia Airport, there exists a window to the world.

It’s in this massive space that more than 800 employees of Leonardo Helicopters, an Italian-based company with deep roots in Greater Philadelphia, design and build customized helicopters for both military and civilian use, as well as train the pilots who will carry commuters and medical patients, conduct search and rescue operations, fight fires, protect the environment, and perform many other missions around the globe.

It’s also where two distinct yet complementary cultures – one Italian […]

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,” said Christian Eriksen, Chief Commercial Officer of ICS, which opened its U.S. office in Philadelphia in September 2022.

“When you start out as an Australian company, and you want to expand into the United States, it doesn’t come without challenges,” he said.

As the search continued – and ICS hired two senior executives […]

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 […]

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, according to an analysis released recently by the Chamber.

The Chamber’s analysis, using data from Bureau of Labor Statistics extracted by Lightcast, a global labor market data and analytics company, showed life sciences companies in the region employ about 4,000 more women than men in key occupations such as biochemists, biophysicists, and other scientists and technicians. Over the past decade, industry job growth among women has been 12% […]

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 […]

Pennsylvania Makes Business-Friendly Statement with New Economic Development Initiatives

A better path to Pennsylvania is being built for companies looking to relocate and expand.

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.

The first order established the Pennsylvania Office of Transformation and Opportunity and the Economic Development Strategy Group under the direction of Ben Kirshner, founder and former Chairman and CEO of Tinuiti. The second aims to

February 27th, 2023|Our News|0 Comments

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 […]

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

Companies in Greater Philadelphia’s fast-growing life sciences industry are immersed every day in the very building blocks of human life. But to prosper, these same companies also depend on three building blocks of successful businesses: talent, real estate, and investment.

And after a blockbuster year, each of these key areas is poised to help companies deliver even more growth in 2023; this is no small thing. The efforts of the Chamber of Commerce for Greater Philadelphia to attract high-flying companies and those with the potential to soar are transforming the region’s economy and workforce and resulting in […]

January 25th, 2023|Our News|0 Comments
Go to Top