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 […]

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 […]

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 […]

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 […]

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 […]