Economic Development | Commonwealth of Pennsylvania

Economic Development | Commonwealth of Pennsylvania
Creating Economic Opportunity
Economic Development
Governor Shapiro’s vision is clear: to make Pennsylvania a national leader in innovation, job creation, and economic development while opening up the doors of opportunity. In our first two years in office, we’re delivering.
The Shapiro-Davis Administration is making Pennsylvania a leader in economic development and innovation.
The Administration
created
the first statewide economic development strategy in nearly two decades with a focus on five key industry sectors: agriculture, energy, life sciences, manufacturing, and robotics and technology.
Shapiro secured $500 million in state funds for site development, including $400 million to significantly expand the PA SITES program to develop shovel-ready sites and bring more commercial and industrial sites to Pennsylvania, building on the success of the pilot program that
awarded $10.6 million
to seven projects.
The Governor created the new Main Street Matters program and
secured
$20 million to fund it in order to support downtowns, main streets, and surrounding neighborhoods.
Shapiro
launched
Pennsylvania’s new tourism brand “Pennsylvania: The Great American Getaway” to encourage more people to travel across and visit the Commonwealth, securing $15 million in state funding for tourism marketing.
Gov. Shapiro
announced a historic plan
to revitalize Downtown Pittsburgh with a $62 million investment that will help spur nearly $600 million in total investment to revitalize the community as a thriving center for economic growth, culture, and industry and create over 3,000 jobs.
The steps we are taking today ... will make sure that downtown is relevant and viable into the future.
- Stefani Pashman, CEO of the Allegheny Conference on Community Development
We’re investing nearly $63 million to support a $600M, 10-year plan to revitalize Downtown Pittsburgh that will build 1,000 new housing units, revitalize our public spaces like Market Square and Point State Park, and ensure the Golden Triangle is a place of real opportunity.…
pic.twitter.com/Jmoy9ZzMYn
— Governor Josh Shapiro (@GovernorShapiro)
November 27, 2024
Governor Shapiro was a national cheerleader for Pennsylvania, successfully competing against and beating other states to bring major business expansions to the Commonwealth.
Supported the Pittsburgh Steelers’
successful bid
to host the 2026 NFL Draft, making Pennsylvania the first state to host the draft in two different cities.
Convinced Excelitas to
move its HQ
from Massachusetts to Pittsburgh, invest $2.3 million in the Commonwealth, and create at least 250 jobs.
Secured Mainspring Energy’s
over $109 million expansion
of its clean-tech manufacturing in Allegheny County, creating almost 600 new jobs.
Schless Bottles
announced
it will relocate from New Jersey to Allentown and invest more than $7.5 million in a manufacturing facility for premium plastic jars and bottles to create 98 full-time, new manufacturing jobs in the Lehigh Valley.
Persuaded U.S. Boiler Company to
invest
more than $5.5 million to support its Lancaster manufacturing expansion and chose the Commonwealth over North Carolina.
Governor Shapiro is making government move at the speed of business.
Signed an Executive Order creating the
Office of Transformation and Opportunity
as a “one-stop-shop” for Pennsylvania businesses to eliminate red tape, make government move at the speed of business, and encourage out-of-state businesses to expand in the Commonwealth.
Launched
first-in-the-nation online money-back guarantee system
, making it easier for Pennsylvanians and companies to establish and expand their businesses in the Commonwealth.
Secured $16.9 million across his first and second budgets to modernize and speed up the permitting process at the Department of Environmental Protection and clear permit backlogs. DEP has since
reduced
its permit backlog by 75%—and has completely eliminated the backlog for oil and gas permits.
Shapiro followed through on his promise to make Pennsylvania more business-friendly by
increasing the cap
for net loss deductions for start-ups and other businesses, helping attract investments and jobs to the Commonwealth.
Streamlined the
application process
for one of the Commonwealth’s most important economic tools, the Redevelopment Assistance Capital Program (RACP).
Business leaders like Jim need on our state government to move at the speed of business to succeed.
I established the Office of Transformation and Opportunity to serve as a one-stop-shop, and we’re working to improve our permitting processes.
Pennsylvania is open for business.
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— Governor Josh Shapiro (@GovernorShapiro)
May 19, 2023
Permitting is a huge part of our development process and the Governor's office has provided an excellent one-stop location for getting assistance.
- Jim Meckley, CEO of TyreFlow
Shapiro secured hundreds of millions in private sector investments in the Commonwealth’s manufacturing and tech industries.
Astrobotic announced
its $20 million expansion
in Pittsburgh with a new facility and plans to create 283 new, high-tech jobs.
Burnside America will invest
$4.8 million to expand
its hydraulic cylinder manufacturing operation in Franklin County and create 15 new jobs.
Corrugated Partners Group will
invest $52.7 million
to build a new manufacturing operation in Chambersburg, creating at least 80 new good-paying jobs.
EAM-Mosca
invested $20.6 million
to expand its manufacturing operation in Hazleton and created 50 new jobs.
EMD Electronics announced a
$300 million investment
in Schuylkill County to build the largest integrated specialty gas facility in the world and create nearly 200 jobs, including 68 permanent union jobs.
Mitsubishi Electric Power Products will
invest $86 million
to build an advanced switchgear factory, creating at least 200 new jobs in the Pittsburgh region.
Re:Build announced an
$81 million investment
to create a major, innovation-focused manufacturing operation that will create 300 high-quality jobs in Westmoreland County.
Ralph S. Alberts Co. announced it will
invest $2.3 million
to expand its manufacturing capabilities in Lycoming County and create at least 24 new jobs.
SECO/VACUUM announced its plans to
expand its manufacturing operation
with $4.1 million, creating at least 23 new, full-time jobs.
Prysmian Group North America announced a
$22.5 million expansion
at its manufacturing facility in Lycoming County, creating at least 27 new jobs.
Versatex will
invest $40 million
to expand its production capacity in Beaver County, creating at least 80 new jobs.
Victaulic announced it will
invest $100 million
in Lawrenceville, Tioga County, creating at least 214 full-time roles, and retaining 1,611 roles across the Commonwealth.
Westinghouse
announced it would further
develop its microreactor in Allegheny County with at least an $18 million investment, creating more than 40 new high-paying jobs.
The Shapiro-Davis Administration secured investments in agriculture, dairy, and food industries.
Little Leaf Farms
expanded
its production in Carbon County, with plans to open three additional greenhouses.
Maid-Rite Specialty Foods
will invest $40 million
to expand its Dunmore ready-to-heat meals operation and create 75 new jobs.
Martin’s Famous Potato Rolls and Bread
announced a $123.2 million investment
to expand its facility in Franklin County, creating at least 127 new jobs.
The Maryland & Virginia Milk Producers Cooperative Association
announced
it purchased the HP Hood Milk Manufacturing Plant in Philadelphia and will expand the operation’s capacity from 10 million to 25 million gallons annually.
Shank’s Extract
plans to invest
$30.5 million into expanding its operations in Lancaster, creating 83 new jobs and retaining over 230 jobs.
Shapiro supported the biomedical industry’s expansions in the Commonwealth
GSK announced an
investment
of up to $800 million in Pennsylvania, that will create 200 new, high-paying jobs and further solidifying Pennsylvania’s global reputation as a life sciences leader.
C&J Industries announced
it planned to invest $7 million to grow its operation in Crawford County, creating at least 66 new, full-time roles and retaining an additional 262 existing roles.
Purolite announced it will invest at least
$190 million into its first U.S.-based biologics manufacturing
operations in Chester County, creating 175 new jobs.
Standing alongside Governor Shapiro, Spark Therapeutics
broke ground
on a $575 million gene therapy innovation center, which will bring more than 500 jobs to Philadelphia.
The Shapiro-Davis Administration is expanding opportunities for minority-owned businesses.
Secured a $20 million investment for the Historically Disadvantaged Business Program to invest in small minority-owned businesses in the Commonwealth in his
first
and
second
budgets.
Signed an
Executive Order
opening up new opportunities for small and small diverse businesses to compete for state contracts and taking actionable steps to help these businesses grow, succeed, and create good-paying jobs.
Boosted the amount the Commonwealth
spent on small diverse businesses
, with nearly $700 million going to vendors and contracts with small diverse businesses and veteran businesses and a 30% increase towards Black-owned and Latino-owned businesses.
Governor Shapiro's Acomplishments
Accountability
Agriculture
Criminal Justice
Cutting Costs
Economic Development
Education
Environmental Protection
Government Efficiency
Healthcare
Infrastructure
Public Safety
Workforce Development